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Global automotive silicone market forecast at $5.38 billion by 2030

RubberWorld 959 Views

The global Automotive Silicone Market size is expected to reach USD 5.38 Billion in 2030 and register a revenue CAGR of 6.7% over the forecast period, according to latest report by Reports and Data. Market revenue growth is expected to be driven by rising demand for lightweight, efficient, and durable vehicles worldwide. This can be attributed to shifting lifestyle trends and high disposable income of automotive consumers.

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Rubber compounding – science & technology 5-day online master class by TechnoBiz

RubberWorld 1593 Views

TechnoBiz is organizing 5-Day online MasterClass “Rubber Compounding – Science & Technology”. This program is aimed for both experienced and entry level rubber technologists from rubber and tire industries. The program instructor is Prof. Robert Schuster, a well-known and well-experienced rubber technologist. This MasterClass schedules for the year 2023 are available now

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Elkem achieves A- ratings from CDP on climate and forests

RubberWorld 1526 Views

Elkem, one of the world’s leading suppliers of silicon-based advanced materials, has been awarded double A- scores from CDP for the company’s efforts on climate and forests. The company also achieved a B score on water security.
To earn an A score from CDP, organisations must show environmental leadership. Companies that score a B have addressed the environmental impacts of their business and ensure good environmental management.

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Global elastomer market forecast at $165 billion by 2030

RubberWorld 1958 Views

The global elastomers market size will reach around USD 104.75 billion in 2023. According to Precedence Research, the global elastomers market size was estimated at USD 98.17 billion in 2022 and it is projected to hit around USD 165 billion by 2030 and growing at a CAGR of 6.71% from 2022 to 2030.Elastomers are polymers having weak intermolecular interactions between the molecules that have both elasticity and viscosity. Elastomers are mostly thermoset but thermoplastic types are considered for injection of molding application. Elastomers have temperatures below room temperature used for glass transition which provides them with flexibility beyond transition temperatures. Elastomers have a high demand in different end-use manufacturing units due to ample flexibility. Prominent products using elastomers include adhesives, molded flexible parts in automotive and seals.

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The IRSG Industry Advisory Panel (IAP) has elected the new Chair and Vice Chairperson

RubberWorld 1198 Views

The IRSG Industry Advisory Panel (IAP) members met on the 29th November 2022. During the meeting, the IAP members have elected unanimously Mr Segsarn Trai-Ukos, Managing Director SMPT, as the IAP Chairperson and Ms Lina Goodman, CEO TyreStewardship Australia, as IAP Vice Chairman. Mr Segsarn Trai-Ukos has been appointed Managing Director at Société des Matières Premières Tropicales Pte Ltd (SMPT) in April 2020. Previously he covered the position of Chief Administrative Officer (CAO) & VP Public Affairs of MICHELIN South-East Asia, Oceania and Japan-Korea.

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IRSG welcomes Lanxess India as new member

RubberWorld 1071 Views

The International Rubber Study Group welcomes LANXESS India as a new member. LANXESS India was incorporated in India on February 20, 2004, and was named as LANXESS India Private Limited on June 30, 2004. LANXESS India Private Limited, a wholly-owned subsidiary of LANXESS Deutschland GmbH is represented through all its eleven business units, operating out of its registered office in Thane and sales office in New Delhi with around 1000 employees across its operations.

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