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Lubrizol commits $50 million for multiple projects in India

The Lubrizol Corporation is advancing its commitment to continued growth in India with several significant projects across its portfolio. The company is pledging more than 150 million USD of in-region investment, including breaking ground on India’s largest CPVC resin plant in Vilayat, Gujarat, doubling capacity at its site in Dahej, Gujarat, opening a grease lab in Navi Mumbai and enabling significant in-country job growth and innovation.

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Market ReportsNewsrss4Tire Technology & Manufacturing

Global production of electric vehicle (EV) tires market to reach $100 billion by 2033

In the current year 2023, the net worth of the global EV tires market size is estimated to be around US$ 9.44 Billion. As per the market analysis report projections, EV tire sales are to grow at a CAGR of 26.6% during the next 10 years. This report also predicts that the total valuation of the market would be around US$ 100 billion by 2033 according to Future Market Insights.

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Goodyear adds hard workingregional haul trailer tire to Cooper Work Series

The Goodyear Tire & Rubber Company introduced a new addition to the Cooper® WORK Series™ line, the WORK Series Regional Haul Trailer (RHT) 2. Available now, the new hard-working trailer tire is SmartWay® verified and designed to help fleet owners meet regional haul demands in both tandem and spread axle trailer applications. The new Cooper WORK Series RHT 2 provides durability that helps deliver performance and efficiency, regardless of the type of route required on the job.

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Market ReportsNewsrss4Testing & Instruments

Asia Pacific is expected to be the most opportunistic rubber testing equipment market, reaching US$ 2.7 Billion in 2032

Sales of the rubber testing equipment market have likely documented a Y-o-Y growth rate worth 4.6% in 2022 as compared to 2021. By 2022-end, the market was poised to reach US$ 13.7 Billion. As of 2021, rubber testing equipment demand was valued at US$ 13.1 Billion. From 2022-2032, a CAGR of 3.3% has been anticipated, with an expected closing value of US$ 19 Billion according to Future Market Insights.

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Market ReportsNewsrss4

Global surfactants market forecast at $57 billion by 2028

The market is projected to grow because of rising demand from the personal care industry. Surfactants play a decisive role in the personal care industry and are broadly used in the formulation of various personal care products. In addition, due to including increasing population, urbanization, innovations, technological advancements and changing consumer preferences surfactants demand from the personal care industry is a increasing.

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Market ReportsNewsrss4

Ethyl polysilicate market is expected to grow annually by 8.5 percent

Ethyl Polysilicate is a highly versatile and widely used chemical compound that finds application in a variety of industrial sectors such as paints, coatings, adhesives, and sealants. As a consultant or industry expert, it is essential to stay abreast of the latest market trends and projections for this market. In recent years, the global market for Ethyl Polysilicate has witnessed substantial growth supported by the increasing demand for high-quality products and the surge in construction activity. The market is expected to continue this growth trajectory over the coming years, driven largely by the expanding construction industry and rising demand for advanced coating products. As such, there is a significant potential for growth and innovation in the Ethyl Polysilicate market, presenting numerous opportunities for players in the market.

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