Market Reports

The 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.

Bicycle 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.

The 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.

The 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.

The global market for defoaming coating additives estimated at $894.3 million in the year 2020 is projected to reach a revised size of $1.3 billion by 2027, growing at a CAGR of 5.3 percent over the analysis period 2020-2027, according to Research and Markets. Silicone-based additives, one of the segments analyzed in the report, are projected to record a 5.2 percent CAGR and reach $487.7 million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the mineral oil-based segment is readjusted to a revised 5.1 percent CAGR for the next seven-year period.

The global rubber processing chemicals market was estimated to be valued at nearly $4,750 million at the end of 2017 and is likely to reach a figure of nearly $7,000 million at the end of the period of forecast in 2026, and in the process exhibit a CAGR of 4.5 percent during the time span of 2017-2026.