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Liquid silicone rubber market forecast at $9 billion by 2035

The global market for liquid silicone rubber is set to grow on account of a surge in the use of liquid silicone rubber in agriculture. The agricultural sector has seen substantial expansion and innovation, including industry disruptors like aquaponics (hydroponics), precision agriculture, and water desalination. For irrigation, accurate fertilizer and pesticide application, water filtering, and circulation treatments under unfavorable weather and field-erosive conditions, modern agricultural practices require cutting-edge innovation (such as bioengineering). As a result, the use of liquid silicone rubber is expanding due to its durability, salt resistance, and sanitation.

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Global aircraft tire market forecast at $3.3 billion by 2033

The demand for aircraft tires is expected to rise due to advancements in tire manufacturing technologies, including the utilization of next-generation materials such as synthetic elastomer rubber and cross-linkable rubber. These materials offer enhanced durability and contribute to improved fuel efficiency by reducing tire weight. Additionally, the growing demand for aircraft in both combat and non-combat operations in the defense sector, coupled with increased government investments in aviation infrastructure, is expected to drive the market forward.

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Global microcrystalline cellulose market forecast at $1.79 billion by 2033

Microcrystalline cellulose (MCC) is known as a robust plant-derived ingredient consisting of remarkable functional properties that accurately suit its industrial applications such as a binder, thickening agent, filler, anti-cracking agent, fat replacer, disintegrate, emulsifying agent, absorbing agent, and many more.

The aforementioned functional properties of MCC make it a good fit as an ingredient in manufacturing several other products like cosmetics and personal care, paints and coatings, detergents, dye absorbers, rubber, etc. Among numerous end-use industries, the pharmaceutical industry is predicted to showcase steady growth over the next few years.

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LyondellBasell to build industrial-scale advanced recycling plant in Germany

LyondellBasell announced it has made the final investment decision to build the company’s first industrial-scale catalytic advanced recycling demonstration plant at its Wesseling, Germany, site. Using LyondellBasell’s proprietary MoReTec technology, this plant will be the first commercial scale, single-train advanced recycling plant to convert post-consumer plastic waste into feedstock for production of new plastic materials that can be ran at net zero GHG emissions. The new plant is expected to have an annual capacity of 50,000 tons per year and is designed to recycle the amount of plastic packaging waste generated by over 1.2 million German citizens per year. Construction is planned to be completed by the end of 2025.

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Freudenberg launches sustainable, low-level BPA thermal insulation products

Freudenberg Performance Materials Apparel launches two advanced thermal insulation products made from low-level Bisphenol A (BPA) recycled PET fibers (rPET) into the global range of comfortemp®, Freudenberg’s thermal insulation brand. The introduction of DOWN FEEL WA 150LB and FIBERBALL WB 400LB underscores Freudenberg’s commitment to innovation and sustainability.

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