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Elkem showcase innovative technologies and low-carbon sustainable solutions at CIIE

Under the theme of “Silicon for a Zero-Carbon Future”, Elkem showcases four segments “Life Science”, “Consumer Goods”, “Smart City” and “Inno-Life” at the Consumer Goods Exhibition Area of the 5th China International Import Expo (Booth B1-01, Hall 5.1) from November 5 to 10, 2022. The company will promote its innovative technologies and low-carbon sustainable solutions for industries including healthcare, construction, homecare, automotive, energy and 3D printing, and China Sinochem e-commerce platform for Elkem Silicones will be officially launched at the exhibition. During this event, Elkem will sign renewal of annual contracts for 2023 with more than a dozen customers for specialized silicones products in automotive, healthcare and consumers products. The contract values will be totaling more than CNY 1.3 billion, which represent a volume growth of more than 30 per cent compared to 2022.

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Registration is open for MARPG Educational Symposium being held November 17th

Please register by Sunday, November 6 for the upcoming MARPG Educational Symposium on November 17. Attendees are welcome to give a 2 min “elevator pitch” on their company or have the option to present 3 to 5 slides (5 minutes max) on their company. If you wish to present slides, please provide slides to Liz Opsitnick at [email protected] by Friday, November 11. For more information and itinerary visit www.marpg.org

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Global perfluoroelastomer (FFKM) market forecast at $467 million by 2028

Perfluoroelastomer (FFKM) for Semiconductors is expected to grow from an anticipated USD 206.7 million in 2021 to a revised size of USD 206.7 million by 2028, expanding at a CAGR of 4.9% throughout the study period due to the COVID-19 pandemic. Perfluoroelastomer (FFKM) for Semiconductors, which accounted for (%) of the global market in 2021, is expected to value USD million by 2028, rising at a revised (%) CAGR in the post-COVID-19 era, taking into account the full impact of this health crisis on the economy. In contrast, the CAGR for the by Type category has been adjusted downward from (%) to (%) for the duration of the forecast horizon.

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Market ReportsNewsrss6

Medical grade silicone market valued at $2 billion by 2030

Growing preference towards enhancing appearance using minimally invasive cosmetic procedures has increased the usage of compounds such as silicone. Silicone can be converted into various topical forms. It can be applied on the skin as a gel or ointment and as gel sheeting. Medical-grade silicone is comfortable and soft to use. These polymers are also biocompatible, and their inertness makes them safer for use in long-term implants, thus increasing product acceptance.

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Global automotive hoses market forecast with a CAGR of 5.4% through 2031

Growing number of on-road vehicles with rise in demand for passenger cars, increase in material advancements by manufacturers, and rising number of manufacturing facilities, distributors, and suppliers in countries such as China, India, and the U.S. are driving demand for automotive and off-road vehicle hoses. Increasing demand for two wheelers and three wheelers in countries such as China and India is also accelerating market growth.

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Market ReportsNewsrss6

Rubber tape market forecast at $1.4 billion by 2032

In 2022, the market for rubber tapes is anticipated to generate US$ 914.3 Mn. Market valuation is anticipated to reach US$ 1.4 Bn in 2032, with sales increasing at a 4.4% CAGR. According to Future Market Insights, ethylene polypropylene rubber tapes will become the most popular product types on the worldwide rubber tapes market. Over the evaluation period, ethylene polypropylene rubber tape sales are anticipated to increase overall by 1.6 times.

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