Market Reports

Market ReportsNewsrss4

Global silicone market forecast at $35 billion by 2032

The global Silicone market witnessed a CAGR of 6.3% during the historic with a market value of US$ 17.3 Million in 2021. However, as per the current estimates by FMI, the forecast growth outlook for Silicone is to remain around 6.8% from 2022 to 2032. This growth in demand is attributed to the growth in various end-use industries. The rise in demand for Silicone from the healthcare industry, automotive industry, and renewable energy sectors is expected to bolster the market growth in the projection period.

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Rubber flooring market forecast at $252 billion in 2031

According to Adroit Market Research, the size of the Rubber flooring market is expected to be worth US$ 252.0 billion in 2031, growing at a CAGR of 6.1% from 2021 to 2031. Rubber flooring’s wide range of uses in a variety of settings and sectors has led to the market’s notable expansion in recent years. Rubber flooring is a category of resilient flooring composed mainly of synthetic or natural rubber materials. High-traffic locations like gyms, hospitals, schools, and commercial spaces are a great fit for this material because of its reputation for durability, slip resistance, sound absorption, and ease of maintenance. Rubber flooring can be laid in a number of ways to accommodate different needs and preferences. It is available as tiles, sheets, and mats.

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Global silicone in electric vehicles market forecast at $12.5 billion by 2032

The global silicone in electric vehicles market size and share is currently valued at USD 5.90 billion in 2023. It is anticipated to generate an estimated revenue of USD 12.66 billion by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 8.9% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024-2032 according to Polaris Market Research.

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Carboxylated nitrile rubber market forecast with a CAGR of 8 percent

The medical-grade segment is to garner a highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. Infection control is a critical concern in healthcare settings. Medical-grade XNBR’s resistance to chemicals, oils, and sterilization methods is highly valuable in applications such as sealing and gasketing in medical equipment and devices. This contributes to reducing the risk of contamination and infection, further driving its adoption. The global infection control industry is expected to reach USD 30.9 billion.

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Global market for fillers forecast with growth rate of 3.6 percent

Classic fillers remain indispensable for numerous industries, whether as powders, fibers or small spheres: Demand for natural calcium carbonate (GCC), precipitated calcium carbonate (PCC), kaolin, talc, wollastonite, mica, carbon black and other fillers is expected to increase to almost 89 million tons by 2032. The latest, seventh edition of the Ceresana study on the global market for fillers expects average revenue growth of 3.6% per year.

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Nitrile butadiene rubber market forecast at 10 billion by 2036

The global nitrile butadiene rubber (NBR) latex market is estimated to grow majorly on account of the increasing demand from aeronautical sector. Nitrile butadiene rubber (NBR), is utilized in the aerospace and aviation industries to produce fuel and oil handling hose seals which is utilized to fill the gaps between mating surfaces on commercial boats and aircraft in the aerospace and aviation industries, assist in stopping the spread of fire or flames in the aircraft engine, and avoiding the infiltration of water or dust.

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