Market Reports

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Rubber process oil market forecast with a CAGR of 5.2 percent

Rubber process oil market is likely to witness an impressive CAGR of 5.2% through 2025 according to Stratview Research. The growth of the rubber process oil market can be credited to the growing consumption of rubber process oils in the manufacturing of tires. Rising number of automobiles across the world has significantly contributed to the escalating demand for tires, thus influencing the growth of the global rubber process oil market.

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3D printing forecast at $51 billion by 2030

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

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Automotive green tires market forecast at $175 billion by 2027

Global 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

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Global oxidized polyethylene wax market forecast at $1.04 billion by 2028

The 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.

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Latin America and Caribbean automotive tire market forecast at $4.5 billion by 2027

The 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.

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USTMA shares economic outlook analysis and impact trends

U.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

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