The nitrile gloves market is expected to grow at a CAGR of 19.84% from an initial value of US$4,304.244 million in 2019 and is estimated to reach the market size of US$15,279.227 million in 2026 according to ResearchandMarkets.com.
Read MoreThe global silicone film market is accounted for $745.66 million in 2017, and is expected to reach $1,512.43 million by 2026, growing at a CAGR of 8.2 percent, according to www.trendsmarketresearch.com. Factors such as the rising demand in end user industries and the properties that aligned with silicone film are fueling the market growth. However, the increasing cost of operations for the production and manufacturing and stringent regulations acts as a hindrance for the growth of the market.
Read MoreAmerica’s construction silicones market size is forecast to reach around $1.2 billion by 2025, after growing at a CAGR of 6 percent during 2020-2025. Silicones are polymers composed of many repeated subunits of siloxane. An increase in the standard of living has increased the construction activities in America, which in turn boosted the use of silicone for adhesives and tapes. Silicone rubbers are also used as a sealant in windows and doors to insulate the building from heat and moisture. Moreover, rising environmental concerns and the presence of substitutes such as urethane based sealants and polysulfide sealants act as a restraining factor for the growth of America’s construction silicones market.
Read MoreThe rubber additives market will reach an estimated valuation of $6.98 billion by 2027, while registering this growth at a rate of 5.50 percent for the forecast period of 2020 to 2027, according to Data Bridge Market Research. The rubber additives market report analyzes the growth, which is currently being owed to the focus of advancements adopted by the industries because of the significant viscosity shown by rubber additives.
Read MoreThe global rubber bonded abrasives market is accounted for $1.13 billion in 2017 and is expected to reach $1.59 billion by 2026, growing at a CAGR of 3.9 percent during the forecast period. Growing application in transportation and electrical and electronics industries is one of the major factors boosting the market growth. However, the shifting base of pollution causing producers may hamper the market growth.
Read MoreThe global synthetic rubber market size is estimated to be $19.1 billion in 2021 and is projected to reach $23.2 billion by 2026, at a CAGR of 4.0 percent between 2021 and 2026. The recovery of the automotive sector across the world is driving the synthetic rubber market during the forecast period, according to ReportLinker.
Read MoreBicycle tires will experience higher sales than ever before as demand for bicycles, especially e-bikes, mountain bikes and road bikes, surges across regions. Tubeless tires will be in particularly high demand, and the need for increased grip and hassle-free riding experience will continue to grow over the coming years.
Read MoreThe flame retardant chemicals market was dominated by Asia-Pacific for the year 2020. China alone accounts for nearly a quarter of worldwide flame retardant demand. China’s high demand is fueled by the country’s growing chemical and automobile industries. India is also anticipated to grow its market share in the global market as a result of increased foreign investment. In North America, on the other hand, the market will grow significantly in the coming years because fire safety in all end products is mandatorily regulated. In addition, due to the growing use of these products by the automotive industry, the Europe market will show significant growth in the next few years.
Read MoreThe styrene butadiene rubber (SBR) market is expected to grow at a CAGR of over 4 percent over the forecast
Read MoreThe polyolefins market was valued at $133.9 billion in 2020, and is projected to reach $446.6 billion by 2028, growing at a CAGR of 12.5 percent from 2021 to 2028, according to Valuates Reports.
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