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Market ReportsNewsrss4

Global styrene butadiene rubber market forecast at $15.6 billion by 2030

eport Ocean in its recent study, estimated the Global Styrene Butadiene Rubber (SBR) Market size by value at USD 12.89 billion in 2023. During the forecast period between 2024 and 2030, Report Ocean expects the Global Styrene Butadiene Rubber (SBR) Market size to expand at a CAGR of 7.55% reaching a value of USD 15.63 billion by 2030. The Global Styrene Butadiene Rubber (SBR) Market is propelled by a growing demand for rubber in the automotive sector, the surging sales of footwear featuring rubber soles, rapid industrialization in emerging economies, and the increasing need for high-performance lightweight tires. The constrained availability of natural rubber is expected to drive the demand for various SBR products, including SBR polymers, styrene-butadiene rubber latex, styrene-butadiene rubber powder, carboxylate styrene-butadiene rubber, and others during the forecast period. The growing demand for styrene-butadiene rubber in the industrial sector is also expected to play a pivotal role in shaping the market trajectory up to 2032.

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ECOsurfaces launches AssurGrip Rx, a new slip-resistant safety floor

ECOsurfaces powered by Ecore Int’l introduces its latest surface in the Rx line: AssurGrip Rx. Crafted for commercial spaces where safety, ergonomic support, comfort and hygienic conditions are paramount, this innovative performance surface seamlessly combines functionality, aesthetics, durability and sustainability. Engineered with a slip resistant safety floor surface layer that is fusion bonded to a 5mm vulcanized composition rubber base layer using Ecore’s patented itsTRU® technology, AssurGrip Rx is an ideal option for wet areas, locker rooms and bathrooms where safety is a top priority.

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AB Specialty Silicones fined $1.3 million for safety violations resulting in fatalities at Waukegan facility

Chemical products manufacturer AB Specialty Silicones LLC will pay $1.3 million in penalties after an explosion and fire at its Waukegan plant in May 2019 claimed the lives of four workers.

The U.S. Department of Labor’s Occupational Safety and Health Administration reached a settlement agreement with the company after an investigation revealed AB Specialty Silicones failed to ensure electrical equipment complied with OSHA standards. The company also used propane-powered forklifts to transport flammable liquids in areas where employees handled flammable liquids and gases.

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Atire launches world’s first carbon-neutral solid tire range

ATIRE announces that its premium range of solid tires is now certified carbon-neutral. This marks a historic achievement in the tire
industry, as ATIRE becomes the first company in the world to launch a carbon-neutral solid tire range.
In November last year, ATIRE was certified as a carbon-neutral organization by the Sri Lanka Climate Fund (SLCF), positioning itself as the pioneer in net-zero emission solid tire manufacturing. The company has now reached a new milestone by launching the world’s first product-level certified carbon-neutral solid tire range.

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Smithers’ Adam Stackpole to present new tire modeling tool at Automotive Testing Expo

Smithers announces that Adam Stackpole will be speaking on an innovative tire modeling tool for the automotive market at the Automotive Testing Expo in Novi, Michigan on October 22-24.

Stackpole’s presentation, titled “Early-Stage Vehicle System Development with Tire Models,” will discuss the benefits of virtual tire modeling in early vehicle development and how laboratory testing informs tire model development. He will also introduce Virtual Tire Lab, a tire modeling service developed by Smithers and Stackpole Engineering that provides subscribers with a library of tire models that can be used to quickly benchmark tire performance or understand the tire characteristics that will be needed for new vehicle platforms. Stackpole’s presentation will include a demonstration of Agile Tire™, the software that powers Virtual Tire Lab.

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Dow and GoodBed collaborate to establish landmark scientific mattress testing program

Dow and GoodBed, the premier mattress information resource for consumers, have collaborated to develop a benchmark lab testing program for the mattress industry. This powerful partnership combines GoodBed’s unique bedding expertise and proprietary mattress evaluation framework, Mattress DNA™, with the robust lab testing capabilities of Dow’s ComfortScience™ Studio.

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Ecore International name finalist for U.S Chamber of Commerce annual Citizens Award

The U.S. Chamber of Commerce Foundation named Ecore International a finalist in the 25th Annual Citizens Awards, a long-standing program that honors businesses for their leadership in solving the world’s biggest challenges. Ecore was nominated as a finalist for the Best Sustainability Program category for its efforts to reduce the adverse impacts of rubber waste, preserve resources and promote a circular economy through the company’s TRUcircularity™ program.

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Avantor’s NuSil brand wins Kaizen Institute award for excellence

Avantor, Inc. announced that the Company’s NuSil brand has received the 2024 North American Daily Kaizen Management award from the Kaizen Institute. NuSil, the leading global provider of high-purity silicones materials engineered to serve the needs of healthcare and advanced technologies manufacturers, was recognized for their commitment to operational excellence and relentless focus on continuous improvement.

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IPS Adhesives acquires L&L Products adhesive portfolio

IPS Adhesives (IPSA) has acquired a range of adhesives based on acrylate and methyl methacrylate (MMA) technology from L&L Products. This acquisition complements IPS Adhesives’ specialist MMA-based product offering and provides a platform that enhances its ability to deliver innovative solutions that facilitate lightweighting and the bonding of dissimilar materials.

MMA-based adhesives cure quickly at room temperature, enabling rapid bonding and reducing production times. They are high-strength, versatile, and in demand for transportation, construction, automotive, marine, and various other industrial applications that have critical technical specifications and benefit from more versatile alternatives to mechanical fasteners, welding, and other traditional bonding solutions. IPS Adhesives has been a pioneer and advocate of MMA technology.

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