The Global Injection Molding Market size was valued at USD 274.37 Billion in 2022 and is poised to grow from USD 287.54 Billion in 2023 to USD 418.39 Billion by 2031, growing at a CAGR of 4.8% in the forecast period (2024-2031) according to SkyQuest.
Read MoreThe global polyacrylate rubber market is on the cusp of substantial growth, projected to rise from an estimated value of USD 7.68 billion in 2023 to a remarkable USD 18.7 billion by 2033 according to Future Market Insights. This impressive growth translates to a compound annual growth rate (CAGR) of 9.3% over the forecast period from 2023 to 2033.
Read MoreAccording to projections by Persistence Market Research, the global conductive silicone rubber market is poised for robust growth. The market is expected to rise from USD 7.13 billion in 2024 to a remarkable USD 11.60 billion by 2031, achieving a compound annual growth rate (CAGR) of 7.2% during the forecast period of 2024 to 2031. This growth is fueled by increasing demand across industries, particularly with the rollout of 5G technology and the rise of electric vehicles (EVs). These sectors require advanced materials with superior conductivity, flexibility, and durability, making conductive silicone rubber an ideal solution.
Read MoreThe global industrial rubber market is expected to grow at a CAGR of 5.8% from 2024 to 2031, increasing from US$ 25.2 billion in 2024 to US$ 37.5 billion by 2031 according to the Persistence Market research. Key drivers include rising demand from the automotive, construction, and healthcare industries, along with innovations in product quality and manufacturing technologies. In the U.S., the manufacturing sector contributed over US$ 2.4 trillion to the economy in 2022, highlighting the sector’s robust growth potential. Electric vehicles (EVs) are also fueling the demand for industrial rubber, with EV production reaching 1.6 million units in the U.S. in 2023.
Read MoreMotion Industries, Inc. signed a definitive purchase agreement to acquire the operating assets of U.S.-based International Conveyor and Rubber (ICR). The transaction is expected to close at the end of December 2024, subject to customary closing conditions.
ICR services commercial and industrial customers in the eastern United States. Headquartered in Blairsville, Pennsylvania, the company has seven locations, offering sales, installation, repair and maintenance of conveyor belts and related system products. They also provide engineering and design services for custom solutions.
Read MoreAt Plastec West in Anaheim, California/USA, taking place from 4 to 6 February 2025, Arburg will showcase exciting topics such as silicone injection molding, digitalization and automation. On stand 4229 in Hall B, the processing of solid silicone rubber (HCR) with continuous material feed by a Turnmix dosing system will be demonstrated live for the first time in the USA. The exhibit, an electric Allrounder 470 A, is automated with a linear robotic system Multilift Select 6.
Read MoreThrough long-term tire co-creation development with Kawasaki Motors, Bridgestone continues to support the company by delivering value in its wide range of motorcycles. The BATTLAX HYPERSPORT S23 tires to be supplied as original equipment on the new Ninja 1100SX are next-generation sports tires that have exceptional performance across all areas necessary for sport riding without compromise.2 These tires feature a new pattern design meant to balance optimal changes in contact patch stiffness with excellent water drainage properties for riding on wet surfaces. Combined with optimized tire shape and construction, these characteristics support the new riding experience delivered by the Ninja 1100SX through enhanced grip and handling stability during straight-line riding and at large lean angles, delivering an elevated sport riding experience offered by the Ninja 1100SX.
Read MoreEXPOL has signed an agreement to acquire 80 percent of the shares in Piedmont Resin Supply, LLC (Piedmont) from the founder Mr. Matt Griffith and Mr. Paul Daniel. Piedmont was founded in 2013 and has grown to become one of the largest independent nylon compounders in the US. The company is an industry leader in technical nylon compounds on the US market and services a variety of customers within automotive, transportation and the furniture industries. Piedmont operates a well invested manufacturing facility in Cartersville, GA with some 60 employees and further capacity to grow
Read MoreThe Philadelphia Eagles and Braskem have enhanced their partnership with the launch of their new STEM education program, Tackling STEM, for the 2024-2025 academic school year. Tackling STEM is an education program that delivers free digital and hands-on interactive STEM (science, technology, engineering, and math) education opportunities to students in the Greater Philadelphia area with over 20 schools participating. The program is supported by Science of Sport, a nonprofit organization that teaches kids STEM through sports.
Read MorePPG announced that it has been named to Newsweek magazine’s America’s Greenest Companies 2025 list. The list recognizes the top 500 private and public U.S. companies committed to reducing their environmental impact in key areas including greenhouse gas emissions, water management, and waste reduction.
Read More
