Market Reports

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.

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

Transparency Market Research delivers key insights on the global short fiber thermoplastics market. In terms of revenue, the global short fiber thermoplastics market is expected to expand at a CAGR of 5.3% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecast in its report on the global short fiber thermoplastics market.

Reportlinker.com announces the release of the report “Liquid Synthetic Rubber Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)”. Considering the pandemic scenario, the automotive manufacturing activities were temporarily stopped during the government-imposed lockdown to curb the spread of new COVID-19 cases, thereby reducing the demand for liquid synthetic rubber-based automotive parts such as tires, drive belts, seals, gaskets, hoses, tank linings, and others. For instance, according to the OICA, global passenger car production was reduced by 16.9% in 2020 compared to the previous year, majorly due to the negative impact of the pandemic. Furthermore, the demand for liquid synthetic rubber has been decreased during the lockdown from construction and different industrial sector, owing to the decreased demand and halted construction and other industrial activities, where liquid synthetic rubber is used in the production of adhesives, sealants, coatings, hoses, and others.

Among the various products, used in the global latex medical disposable market demand for latex gloves is high which is fueling growth in this market. The latex gloves segment held 60.4% share in the overall market in 2015 and is likely to dominate the market over the forecast period. For protecting hands of healthcare providers and patients, latex gloves are widely used. With the respect to geography, North America leads the market and Europe is giving close competition to get a leading position in the global latex medical disposable market. Increasing health awareness and spreading contagious diseases in North America are the key factors driving demand in this market. Moreover, Asia Pacific latex medical disposable marker is also expected to rise at a steady growth rate in the coming year

Transparency Market Research has published a new report titled, ‘Global Rubber Gloves Market’. According to the report, the global rubber gloves market was valued over US$ 2.8 Bn in 2019 and is projected to expand at a CAGR of 8.5% from 2020 to 2030. Rubber gloves are protective hand covers worn to reduce human exposure to dangerous or harmful environments. Rubber hand gloves are used in various industrial and medical applications. These are made by using different types of rubber depending upon the requirement of the task. Nitrile rubber gloves or nitrile gloves and vinyl gloves are the most popular rubber latex gloves. Household gloves used for dishwashing and other such applications are made primarily of latex; however, industrial gloves are made from high performance synthetic rubber types mentioned above.

The global silicone film market size is expected to reach USD 1,484.7 Million in 2028, and register a CAGR of 6.1% during the forecast period.

Silicone films have wide scope of applications in manufacturing of wire insulations, lamps, lighting, and power distribution grids, among others, due to superior dielectric properties and high thermal stability of the films. These are major factors expected to drive market growth

Based on the preliminary estimates updated by member governments, the outlook on global production of natural rubber (NR) anticipates growing by 1.8% to 13.836 million tons: while global demand projects a growth of 8.3% to 14.028 million tons during 2021. As a result, this may pose some positive sentiments in the NR market based on the strong fundamental.

The pharmaceutical processing seals market size is estimated at USD 2.1 billion in 2021 and is projected to reach USD 3.3 billion by 2026, at a CAGR of 10.0%. The global pharmaceutical processing seals market is witnessing growth on account of trends prevailing in the global pharmaceutical industry such as increasing demand for new and innovative pharmaceutical manufacturing equipment and continuous R&D for new product development due to technological advancements. The increase in pharmaceutical manufacturing in APAC region, mainly in India, China, Korea and the South East Asian countries has boosted the pharmaceutical manufacturing equipment market, thereby, driving the market for pharmaceutical processing seals in the region. In addition, the growing healthcare sector in the region is expected to increase the demand for pharmaceutical equipment and drive the pharmaceutical processing seals market.