Market Reports

Market ReportsNewsrss6

Silicone sealants market forecast with a CAGR of 5 percent through 2027

The market is majorly driven by the surge in demand for electronics and stabilizing the construction and automotive market. Silicone polymers, including sealants, are finding applications in almost every delicate aspect of life. Be it used as an active pharmaceutical ingredient, medical device applications, or drug delivery systems. Silicone sealants offer greater protection for electronic applications to ensure longevity and better dissipation of heat to reduce damage and increase efficiency. The global silicone sealants market is consolidated. The top 6 suppliers hold an 80% market share in the silicone industry, while most of those vendors manufacture and supply silicone sealants.

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Market ReportsNewsrss6

Global rubber gloves market forecast at $18.7 billion by 2027

In 2020, the global Rubber Gloves market size was US$ 10770 million and it is expected to reach US$ 18700 million by the end of 2027, with a CAGR of 8.3% during 2021-2027 according to Valuates Reports. Rubber gloves, as the name implies, are gloves made of various types of rubbers, either in a combination with other materials, such as textiles, plastics, or only rubber. They cover a wide range of applications, ranging from medical gloves to utility gloves for almost any kind of work.

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Market ReportsNewsrss6

Aerospace hose and tube assemblies market forecast at $2.3 billion by 2026

The aerospace hose and tube assemblies market fell victim to the pandemic’s wrath and declined by a massive -28% in 2020, dragging the market behind by at least half a decade. That being said, the industry is on its way to healing which is quite apparent in recent events. The aerospace giants, Airbus and Boeing’s recouping revenues, climbing production rates of key aircraft programs, and easing up of traveling restrictions are some of the key factors indicating the commencement of regaining normalcy. A similar impact is likely to be witnessed in the aerospace hose and tube assemblies market, which is likely to grow at a promising CAGR of 7.9% during 2021-2026 to reach US$ 2.3 billion by 2026 according to ResearchandMarkets.com

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Market ReportsNewsrss6

Natural rubber market forecast with a CAGR of 4 percent through 2026

The global market is majorly driven by the rising product demand from the automotive industry. Natural rubber is widely used to manufacture tires, engine mounts and wiper blades across the globe. Coupled with an enhanced focus on sustainable development, this is providing an impetus to the market growth. The market is further driven by the rising construction activities across the globe that require natural rubber for multiple applications due to its improved tear resistance, high tensile strength and exceptional vibration dampening properties. Other factors, including rapid industrialization, and increasing usage of sustainable technologies, have also created a positive outlook for the market.

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Market ReportsNewsrss6

Elastomeric coating market forecast with a CAGR of 15 percent through 2027

Axiom Market Research & Consulting™ added a report on elastomeric coating market which includes the study on type, technology, application, and geography. The elastomeric coating market was projected to grow at a CAGR of 15.17% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) and volume (Kilotons) generated by the elastomeric coating market

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