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Liquid silicone market forecast at $5.83 billion by 2031

Persistence Market Research forecasts that the liquid silicone rubber (LSR) market is projected to grow at a CAGR of 8.4%, reaching US$ 5.83 billion by 2031, up from US$ 3.31 billion in 2024.. The demand is being driven by the healthcare and automotive sectors, where LSR’s heat resistance, biocompatibility, chemical and electrical resistance, and transparency make it a preferred material for a variety of applications. The global rise in IT spending and the increasing demand for eco-friendly, soft, and efficient materials in devices further boost LSR’s utilization. In North America, the U.S. is expected to dominate the market, particularly due to the automotive industry’s reliance on LSR for enhanced performance, particularly in electric vehicles. The industrial-grade segment, driven by OEM demand, is set to experience a notable CAGR of 8.6%, with the automotive and healthcare industries being major contributors.

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Apollo Tyres 2nd quarter revenue closes at Rs 6437 crores

For the quarter ended September 30, 2024 Apollo Tyres Ltd, on a consolidated level, registered a revenue of Rs 6437 crores, an increase of 3% over the same period last fiscal. For the six months of the fiscal (April – September), the company reported a revenue of Rs 12,772 crores, an increase of 2% over the same period last fiscal. Positive revenue growth was reported, especially from European Operations, in the second quarter.

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Newsrss5Tire Technology & Manufacturing

How agricultural tire design helps maximize tire life and operator comfort

As farms grow and fields get farther apart, farm equipment—especially tractors—spend more time on the road. Getting from field to field smoothly and quickly is crucial for productivity. Choosing tires that match your operation’s in-field and on-road needs ensures safe, efficient and comfortable road travel while maintaining performance in the field.

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Cabot Corporation announces global price increase for carbon black products

Effective for all shipments on or after December 1, 2024, or as contracts allow, Cabot Corporation will raise prices globally for carbon black products sold by its specialty carbons business. This price increase is necessitated due to the impact of inflation on labor, maintenance and other manufacturing operations as well as supply chain related costs. The increase will vary by product and geography.

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Wacker presents customized silicone rubber grades for medical applications

At this year’s COMPAMED medical technology tradeshow, WACKER will be presenting customized silicone rubber grades that set new standards with their optimized properties in terms of haptics, tensile strength and adhesion. Products in the limelight are addition-curing solid silicones for the manufacture of medical and pharmaceutical tubing, for example for use in peristaltic pumps, heart-lung machines and infusion sets. SILPURAN® silicone adhesive gels are another highlight. They are suitable for coating wound dressings and fixation aids in order to attach portable sensors, dosing devices and wearables to the skin. In parallel with MEDICA, this year’s COMPAMED takes place in Düsseldorf, Germany, from November 11 to 14.

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Eni sets out its transformation, decarbonization and relaunch plan for Versalis

The plan, which will be implemented by 2029, aims to invest in the development of new chemical platforms in renewables, circular and specialized products, growing markets in which Versalis has acquired a leading position.

Eni aims to significantly reduce Versalis’ exposure to basic chemicals, a sector that is facing structural and irreversible decline in Europe, and which has led to economic losses that have been close to 7 billion in cash terms over the last 15 years, 3 billion of which was in the last five years.

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Mickey Thompson expands Baja Boss X “Sticky Mickey” line

Following the recent success of new 42-inch sizes in its Baja Boss® M/T line, Mickey Thompson is introducing two 42″ sizes in its Baja Boss® X extreme terrain tire line. Built with Mickey Thompson’s “Sticky Mickey” compound and PowerPly Pro construction, these new sizes will provide the undisputed off-road traction that competitive off-road racers have come to expect from Mickey Thompson.

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Xuansheng successfully completes first trial run using Moldex3D technology

Xuansheng’s pursuit of producing high-quality parts in the first trial, they put great emphasis on using Moldex3D to conduct various analyses, ranging from material testing and cold runner design to mold tryout parameters, etc. By doing so, Xuansheng is able to detect potential problems before manufacturing. The following case serves as an example that details how Moldex3D helped Xuansheng produce high-quality parts.

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Pirelli North America launches brand-new Scorpion XTM line

Pirelli North America announces the launch of its brand-new Scorpion XTM line, designed to meet the demands of electric, plug-in hybrid, and internal combustion engine trucks and off-road vehicles.
The Scorpion line has been iconic for Pirelli, especially in the SUV segment, where it has built a reputation for balancing performance and comfort. With the introduction of the XTM, Pirelli is taking this legacy to the next level by pushing the Scorpion family to its extreme. The XTM is designed to deliver outstanding off-road capability, specifically engineered to meet the rugged demands of all-terrain driving, making it the ultimate tire for those seeking adventure on any surface.
The “XTM” stands for Extreme performance, featuring aggressive styling, and advanced technology that cater to the evolving needs of today’s truck and off-road enthusiasts.

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