3D printing has the potential to significantly disrupt traditional manufacturing, as it is increasingly being used beyond prototypes, molds, tools, or other one-off parts. The total 3D printing market will reach $51 billion in 2030, driven mainly by growth in production parts, according to new data from Lux Research, a leading provider of tech-enabled research and innovation advisory services
Read MoreGlobal Market Insights, Inc. has recently added a new report on the automotive green tires market which estimates the market valuation for automotive green tires will cross US$ 175 billion by 2027. Increasing regulations pertaining to vehicle emission reduction, rising popularity of sustainable & eco-friendly vehicles, and increasing global automotive demand will prosper the product demand
Read MoreGlobal market for Elastomer Coated Fabrics estimated at US$ 10.2 Billion in the year 2020, is projected to reach a revised size of US$ 13.4 Billion by 2027, growing at a CAGR of 4.1% over the analysis period 2020-2027
Read MoreGlobal silicone elastomers market to reach $9.6 billion by 2027. Amid the COVID-19 crisis, the global market for Silicone Elastomers estimated at US$6.6 Billion in the year 2020, is projected to reach a revised size of US$9.6 Billion by 2027, growing at a CAGR of 5.5% over the analysis period 2020-2027.
Read MoreThe global oxidized polyethylene wax market size is expected to reach USD 1.04 billion by 2028, according to a new report by Grand View Research, Inc. It is projected to expand at a compound annual growth rate of 4.8% from 2021 to 2028. The global market is expected to witness substantial growth over the forecast period owing to the increase in the demand from end-use applications, such as plastics, coatings, hot melt adhesives, rubber processing, and printing. Nontoxic nature, high thermal stability, and excellent dispersion have increased product consumption in the aforementioned segments.
Read MoreThe Latin American and Caribbean automotive tire market is segmented on the basis of season type, rim size, vehicle type, and channel. Based on season type, the all-season segment held the largest share in 2019, accounting for nearly 90% of the market. However, the summer segment is estimated to register the highest CAGR of 4.2% from 2020 to 2027.
Read MoreU.S. Tire Manufacturers Association (USTMA) released key findings from an economic outlook analysis to identify trends and strategic opportunities for the U.S. tire manufacturing industry over the next five years and relevant issues influencing transportation. The analysis, conducted in late 2020 by a top economist, provides insights into four focus areas—economic impact and recovery from the coronavirus pandemic, digital transformation, changing societal views on mobility and environmental stewardship
Read MoreSynthetic rubber finds widespread usage as a commodity material, which substitutes natural rubber, for instance, in the production of pneumatic tires, which specifically uses E-SBR. Further uses include gaskets and shoe soles, among others. Synthetic rubber also finds usage in building & construction applications, as a binding and sealing agent as an alternate to PVA. In these applications, it provides reduced shrinkage, better durability, and increased flexibility, along with being resistant to emulsification in humid conditions. Moreover, synthetic rubber is utilized to tank damp surfaces or rooms, where it is painted onto the whole surface, forming a seamless, continuous, damp-proof liner, such as in basements.
Read MoreMoisture Curing Adhesives Market size is forecast to reach $17.02 billion by 2026, after growing at a CAGR of 7.2% during 2021-2026 according to IndustryARC. more…
Read MoreTire-derived fuel is often used as a supplemental fuel at cement and paper & pulp facilities. In recent years its demand is seen a steady rise as TDF improves boiler efficiency, reduces carbon emissions, and cuts down fuel costs. As end-use industries regain momentum in the post-COVID-19 economy, analysts anticipate that they will stoke the usage of TDF as well. As of 2019, the cement industry held a 50% share in the global tire-derived fuel market. The publisher predicts the trend will continue as construction activities make a comeback in full swing. more…
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