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Silicone fluid industry forecast at $9.7 billion by 2032

The silicone fluid industry is to surpass US$ 9.7 Billion by 2032, according to the latest report for Future Market Insights. This latest report on the global Silicone Fluid market provides an analysis of the regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silicone Fluid in 20+ high-growth markets, along with detailed coverage of the impact COVID-19 had on the Silicone Fluid market.

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Continental at IAA Transportation 2024

“Innovating Transportation – From Road to Cloud!” is Continental’s tagline for this year’s IAA Transportation from September 17 to 22. In Hanover, Germany, the technology company will present its broad portfolio of commercial vehicle solutions. Amongst them: cutting-edge hardware such as high-performance computers (HPC); software and advanced driver assistance system (ADAS) functions that define the vehicle of the future; comprehensive services that increase safety and compliance; and innovative truck and bus tires and air springs that improve sustainability and efficiency of the transportation industry. Also on display: a development truck, set up in collaboration with the company’s partner Aurora, that incorporates many of the solutions for the autonomous commercial vehicle of the future.

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Laur Silicone expands capacity with new Colmec conical twin screw mixer

COLMEC, based in Italy, has achieved a leading position within the rubber equipment market, specializing in the manufacture of rubber mixing equipment and extrusion lines. The addition of this advanced machine at Laur Silicone ensures consistent, uniform mixing of silicone compounds, guaranteeing perfect dispersion and homogeneity of ingredients through a completely automated process. This investment enhances production efficiency, speed, and maintains the highest quality standards.

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PPG recognized as ‘Best Place to Work for Disability Inclusion’ for third consecutive year

The Disability Equality Index was launched in 2015 as a joint initiative of Disability:IN and The American Association of People with Disabilities (AAPD) and is acknowledged as the most robust disability inclusion assessment tool in business. In its 10th year, the index was utilized by 542 corporations, including 220 Fortune 500 companies to benchmark their disability inclusion efforts. Top-scoring businesses – scoring 80 or higher – are recognized as a “Best Place to Work for Disability Inclusion” for the benchmark year. PPG earned the top score possible; 100.

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Global rubber tire market forecast to reach $208 billion by 2031

The global rubber tire market is characterized by steady growth driven by several factors, including increased vehicle production, expanding transportation infrastructure, and rising consumer demand for high-performance and durable tires. Major players in the industry include Bridgestone, Michelin, Goodyear, Continental, and Pirelli, among others.
The global rubber tire market size was USD 149.4 Billion in 2022 and is likely to reach USD 208.99 Billion by 2031, expanding at a CAGR of 3.8% during 2023 – 2031 according to Growth Market Reports.

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Global reclaimed rubber industry forecast at $3.6 billion by 2033

Several variables are affecting the growth and development of the reclaimed rubber business. The growing emphasis on sustainability and environmental responsibility is an important factor. Manufacturers are turning to reclaimed rubber as a more sustainable alternative to virgin rubber as worries about resource depletion and waste management grow. Reclaimed rubber has advantages such as decreased carbon footprint, reduced trash output, and natural resource conservation. Another motivating aspect is cost-effectiveness. Reclaimed rubber is less expensive than virgin rubber, making it an appealing solution for enterprises looking to reduce production costs and increase profitability.

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ENGEL presents the world’s largest technical center injection molding machine

ENGEL AUSTRIA GmbH has expanded its technical center in St. Valentin, Austria, with one of the largest injection molding machines from its standard portfolio: the duo 5500 combi M. With a clamping force of 55,000 kN, it is by far the largest technical center machine in the world, measuring 32 meters long, 13 meters wide, 6.8 meters high, and weighing 545 tons. ENGEL aims to use this machine to enable technologies and components in completely new dimensions in collaboration with its customers and partners. The extra-large mold space accommodates molds weighing up to 150 tons, with possible shot weights up to 42 kg.

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