The present-day valuation of the market for thermoplastic elastomers (TPEs) is US$ 21 billion, which is forecasted to reach US$ 38.8 billion by the end of 2032 according to MENAFN. Worldwide demand for thermoplastic elastomers is set to escalate at a CAGR of 6.3% over the next ten years.
Read MoreThe Polyol market size is estimated to be USD 36.7 Billion in 2022 and is projected to reach USD 49.3 Billion by 2027, at a CAGR of 6.1% according to Reportlinker.com. The polyols are segmented into two types i.e., polyether polyols and polyester polyols. Polyether polyols are majorly used in cushioning for furniture, bedding, and automotive seats as flexible foam. Polyether-based rigid foams are used in packaging, refrigeration, and insulation materials. Owing to the recovery of several end-use industries such as automotive, building and construction, from the COVID-19 pandemic, and the increasing demand for packaging worldwide is projected to increase the demand for polyols in the forecast period.
Read MoreCondoms market industry analysis report by Persistence Market Research shows that global sales of the Condoms Market in 2021 were held at US$ 10.2 Bn. With 11%, the projected market growth during 2022 – 2032 is expected to be higher than the historical growth. Latex Condoms are expected to be the highest revenue-generating segment, accounting for a CAGR of nearly 11.2% during 2022 – 2032.
Read MoreSanisure announced the acquisition of Medical Elastomer Development, Inc (“MED”) a silicone extrusion facility from Q Holding, a 3i portfolio
company. This state-of-the-art facility located in Twinsburg Ohio serves many industry leading customers in both the medical device and bioprocessing markets.
The acquisition further advances our commitment to become a leading provider of critical fluid path management technologies for bioprocessing applications, increasing security of supply and change control (consistent E&L profiles) for our single use assembly solutions and transfer sets. Following the acquisition, we will be able to offer our fully qualified, high quality bulk tubing to end-users, other OEMs and our channel partner distributors.
The global biodegradable gloves market stands at US$ 1.3 Bn as of now and is expected to reach US$ 10.2 Bn by the year 2032 at a staggering CAGR of 23% between 2022 and 2032 according to Future Market Insights.
Read More2022 marks ChemSpec’s 15th release of the coveted Christmas appreciation video. Over the last 15 years ChemSpec stared out as a seven-person firm to grow, to now, over forty employees across three countries. When discussing with President and CEO Dave Moreland about the origin of the ChemSpec Christmas video he said, “I wanted our customers and suppliers to know us as humans, on a personal level. The generic Christmas card that got passed around the office and then the digital era with the fancy emails just wasn’t cutting it.”
Read MoreTire rolling resistance is closely related to overall vehicle fuel economy or range in both ICE and electric vehicles (EVs). Currently, it is understood that rolling resistance reduction is a reliable strategy for optimizing a vehicle’s fuel economy or cruising range. Many countries, regions, and manufacturers are establishing rolling resistance targets in order to achieve greater energy savings, fulfill “green” initiatives, and reduce carbon emissions.
Read MoreOrion upgraded to “B” by environmental reporting group CDP
Read MoreLMI Technologies (LMI) announced the official release of the Photon™ Optical Inspection System. This non-contact system provides surface characterization of multi-layered, textured, mixed, and a wide range of other manufactured materials. The system is CE and FCC-certified.
Read MoreLubrizol 3D Printing Solutions and colorFabb announce the joint development of new varioShoreTPU materials to increase foaming capabilities and present extra functionalities for additive manufacturing. varioShoreTPU is made with Lubrizol’s ESTANE 3D thermoplastic polyurethane (TPU) technology
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