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Global asphalt rubber market forecast with a CAGR of 6.7 percent through 2033

The asphalt rubber market is demonstrating consistent and sustainable growth driven by infrastructure modernization and recycling initiatives. Market projections indicate that the industry is expected to reach USD 7.6 billion by 2033, expanding at a CAGR of 6.7% during the forecast period.

This growth trajectory highlights increasing confidence in asphalt rubber’s long-term economic and performance benefits, particularly in regions facing aging road networks and rising traffic volumes.

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Yokohama Rubber tires coming factory-equipped on Subaru’s new 2026 Solterra

The Yokohama Rubber Co., Ltd., announced that it has begun supplying its GEOLANDAR X-CV tires as original equipment for Subaru Corporation’s new 2026 Solterra SUV-type battery electric vehicle (BEV), which was launched in North America in September 2025. The tire size is 235/50R20 100V. For the Solterra launched in Japan in October 2025, Yokohama Rubber continues to supply the ADVAN V61 as it did for the previous model.

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Bridgestone unveils new Blizzak IcePeak tire for even greater winter performance

Bridgestone announced details of its all-new Blizzak IcePeak flagship winter tire featuring ENLITEN™ technology and both 3-Peak Mountain Snowflake and Ice Grip certifications, the first Bridgestone tire to earn the double distinction. This newest addition to America’s top selling winter tire line utilizes optimized compounds, a new tread design and ENLITEN technology to deliver advanced winter performance with improved tire wear life and lower rolling resistance for impressive fuel efficiency.

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Wacker raises silicone prices up to 25 percent

German chemical group WACKER will be increasing the selling prices for numerous silicone products by up to 25 percent. In certain cases, even higher adjustments are possible. Existing customer contracts will be amended as required. This primarily affects silicone customers in the automotive, pharmaceutical, medical technology, electrical engineering, energy transmission and release coating sectors.

The reason for the price adjustment is the sharp rise in commodity prices, particularly for platinum. WACKER uses the precious metal as a catalyst for the curing of crosslinking silicone release agents and for addition curing silicone products.

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