Market Reports

The global silicone release liners market will register positive growth through 2021 forecasts Future Market Insights (FMI) in its latest study. Overall sales in the market is expected to total US$ 1.2 Bn in 2021. FMI has projected the demand to rise at 8.1% CAGR between 2021 and 2031.

According to the recent study from Lucintel the Antidegradant Market is projected to grow at a CAGR of 5% to 7% from 2021 to 2026. Growth in this market is primarily driven by growth in rubber additives market and growing demand for green tires

The global chloroprene rubber market size is expected to reach USD 1.39 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 4.6% from 2021 to 2028. Increasing adoption of chloroprene rubber in the automotive, electrical & electronics, construction, and textile industries is projected to fuel the market growth during the forecast period. It is widely used in tire sidewalls, automotive trims, gaskets, and related products owing to the rising demand for Electric Vehicles (EVs).

The global yoga mat market size was USD 8.83 Billion in 2019 and it is anticipated to reach USD 11.13 Billion by 2027, at a CAGR of 3.1% during the forecast period. The market is primarily driven by growing awareness among the new generation as well as elderly population regarding health benefits of yoga. The sedentary lifestyle of the new generation results in rising prevalence of obesity and chronic diseases, which is driving the practice of yoga and increasing the demand for yoga mats. Health-conscious population is increasingly adopting yoga to lower stress levels and improve functioning of the brain. This, in turn, is contributing to the market for yoga mats. Increasing number of yoga studios in developed as well as developing economies (such as India) is leading to the increased demand for yoga mats.

According to a recent study from market research firm Graphical Research, the North America automotive green tires market size is set to register a significant growth during the forecast timeframe, due to the growing adoption of technologically advanced and sustainable automobile solutions across the region. The spiraling demand for battery electric vehicles (BEVs) and hybrid electric vehicles (HEVs) is also likely to have a positive bearing on the progression of the market through the next few years.

The adhesives and sealants industry serves a significant purpose in numerous industries such as aerospace and defense, paper and packaging, construction, manufacturing, transportation, etc. The outburst of population and urbanization in developing countries such as China, India, Brazil, Indonesia, Mexico, Bangladesh, etc., has fostered the demand for adhesives and sealants by a considerable amount. Water-based adhesives and hot melt adhesives comprise more than 50% of the total demand in India

The Global Silicone and Silane Market size is estimated to be USD 15.98 billion in 2019 and is predicted to reach USD 27.62 billion by 2030 with a CAGR of 5.1% from 2020-2030. Silicone is a polymer consist of hydrogen, carbon and other chemicals and used as resin, grease, oil and other in various industries such as automobile, construction, medical, electronics and others. Silane is an organic compound consists of multiple or single silicon carbon bond and it is produced by reaction of silica sand with magnesium in the presence of hydrochloric acid. Silane helps in the binding of two compounds together in different industries.

Rubber Molding Market  size is forecast to reach $52.0 billion by 2026, after growing at a CAGR of 5.0% during 2021-2026 according to IndustryARC. Physical attributes such as strength, stress and heat resistance, recyclability, flexibility, and ease moldability of rubber compounds are ideal components for rubber molding. Widespread application of rubber molding in healthcare, aerospace, automotive manufacturing, electronics, transportation, sports and recreation, EMI shielding and sound management, has been driven because of low energy usage and carbon footprint. Moreover, the synthetic rubber is getting used in numerous applications of healthcare industry because of its capabilities such as avoiding allergic reactions while transferring intravenous fluids

mproved properties such as high load-bearing capacity, high resilience, high impact strength, high abrasion resistance, and excellent resistance to oil and grease than conventional materials is also a major driving factor. Also, the growing demand for equipments for industrial processes employed in various industries such as food & beverage, power, oil & gas, chemical, mining, and pulp & paper and growth in urbanization in the emerging economies, such as APAC, Middle East & Africa, and South America, are also driving the market

The Australian Tire Market was valued around USD2.04 billion in 2020 and is forecast to reach USD2.70 billion by 2026, growing at a CAGR of 4.19% by 2026 on account of growing fleet size of vehicles which in turn is driving the aftermarket tire sales in Australia.