Market Reports

Pune, India – The Brainy Insights projects that the global medical nitrile gloves market, valued at USD 4 billion in

The global oil and gas seal industry value reached USD 1116.5 million in 2023 according to Future Market Insights. Over the forecast period, the value is anticipated to rise at 4.4% CAGR. The market is predicted to increase from USD 1216.9 million in 2024 to USD 1871.8 million in 2034.

Economic activity in the manufacturing sector contracted in June for the third consecutive month and the 19th time in the last 20 months, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

Global sales of silicone, estimated at USD 18,432.1 million in 2024, are projected to escalate to USD 29,456.9 million by 2034. This growth reflects a compound annual growth rate (CAGR) of 4.8% over the forecast period according to Future Market Insights. The steady rise in silicone demand can be attributed to its versatile applications across various industries, including automotive, construction, electronics, and healthcare, where its unique properties such as thermal stability, low toxicity, and flexibility are highly valued. This upward trend underscores the expanding utilization and innovation in silicone-based products, driven by ongoing advancements and an increasing focus on sustainable and high-performance materials.

The global silicone adhesives and sealants market, valued at US$ 6.5 billion in 2022, is projected to witness significant growth with a CAGR of 6.5% over the forecast period, reaching a value of US$ 12 billion by 2032 according to Future Market Insights. Silicone adhesives and sealants find extensive applications in various industries due to their beneficial properties such as UV stability, thermal tolerance, flexibility, and adherence to different surfaces. Key end-user sectors include industrial, automotive, biomedical, aviation, and packaging industries.

The global silicone release liners market is projected to register positive growth through 2023, with global revenues up by 5.1%, forecasts Future Market Insights (FMI) in its recent study. Overall sales of silicone release liners are expected to total US$ 1.39 billion in 2023. FMI has projected the demand to rise at 7.7% CAGR between 2023 and 2033. The market is estimated to surpass US$ 2.93 billion by 2033.

The global rubber tracks for defense and security market was estimated to be worth US$ 26.8 billion in 2023. Future Market Insights anticipates that the rubber tracks for defense and security market is likely to expand at a CAGR of 8.94% between 2023 and 2033, totaling around US$ 63.1 billion by 2033.

The major players in Global Hydraulic Rubber Hose Market are Koman Hydraulic, Eaton Corporation (Synflex), Kurt Manufacturing, Parker Hannifin, Transfer Oil S.p.A., Piranha Hose Products, Manuli Rubber Industries, HIC International, Gates, RYCO Hydraulics, and Polyhouse India among.

The Pressure Sensitive Adhesives Market is projected to grow from USD 13.8 billion in 2024 to USD 16.0 billion by 2029, at a CAGR of 3.0% according to Markets and Markets. The key players in the pressure sensitive adhesives market include Henkel AG & Co. KGaA (Germany), Dow (US), Avery Dennison Corporation (US), H.B. Fuller (US), 3M (US), Arkema S.A. (France), Sika AG (Switzerland), Scapa Group PLC (UK), and Wacker Chemie AG (Germany).

The global rubber coatings market was estimated to reach a valuation of USD 6.8 Billion in the year 2022. With a steady CAGR of 6.2% from 2023 to 2033, this market is expected to reach USD 7.2 Billion by 2023 and USD 13.14 Billion by 2033 according to Future Market Insights.