– BW Design Group’s ControlTech Automation announced it commemorated the opening of its new manufacturing facility on August 3. The move to this expansive 41,000 square-foot space in Maryland Heights marks a significant milestone in ControlTech’s strategic growth plan, and supports its long-term commitment to innovation and delivering quality solutions that meet increasing client needs.
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The global market is anticipated to have a steady CAGR of 4.2% during the period from 2023 to 2033 according to Future Market Insights. The overall market size is predicted to expand from US$ 59.4 billion in 2023 to US$ 89.6 billion by 2033. Previously, the ethylene copolymers market was thriving at a CAGR of 3.5% from 2018 to 2022, resulting in a market size of US$ 57.4 billion in 2022.
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The Global Bias Tire Market size is estimated to grow at a CAGR of 13.46% between 2023 and 2027. The market size is forecast to increase by USD 25,765.53 million. The growth of the market depends on several factors, including the growing demand for bias tires in the agriculture equipment market, a rise in sales of passenger vehicles globally, and an increase in two-wheeler production and sales. The US, China, India, Japan, and Germany are the top countries contributing to the market growth. The US held the largest market in 2021 projecting revenue of USD 3,974.37 million according to Technavio.
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Visitors to the trade fair will be able to experience Continental’s latest solutions firsthand at booth B10 in hall A2. To kick off the fair, a press conference will be held at the Continental booth with Philipp von Hirschheydt, member of the Executive Board and head of the Automotive group sector, on September 4, 2023, from 10:10 to 10:30 a.m. CEST.
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Linglong Tire announced the launch of its wholly owned subsidiary, Linglong N.A. Sales, based in Palm Beach Gardens, Florida and the appointment of Geoff Doster as President of the new company effective August 7, 2023.
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Medical is estimated to be the largest application of micro injection molding machines between 2023 and 2028. The global coronavirus outbreak has surged the demand for medical equipment, including surgical devices, medical systems, and other instruments. Technical advancements in the field of medicine are also driving the use of micro components in medical procedures, improving patient outcomes. The intensified R&D in the medical industry is increasing the demand for micro injection molding equipment as well as medical micro parts.
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PRE-Q® GALGO Corporation announced an extension of their Extreme tread line that now includes the addition of 5 designs that were lab-tested down to 80° below.
The Extreme line now includes; LDD (Long Distance Drive) 24/32, DLM (Drive Lug Medium) 18/32, PB (Power Block) 26/32, SD (Snow Drive) 25/32, MPO (Multi Positional) 22.5/32 for a total of 18 designs that have been lab tested down to 80° below.
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Technology company Continental’s innovative premium surface material for vehicle interiors, Benova Eco Protect, has been named a finalist in the 2023 Automotive News PACE Awards. The product moves the industry forward through its originality, implementation, and effectiveness – making vehicle interiors more sustainable, durable, and comfortable.
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Developed for superior all-season traction and long-lasting treadwear, this tire comes complete with the Replacement Tire Monitor and Visual Alignment Indicators, which aid in detecting tire wear. The G-MAX™ AS07 ranges in size from 16-24” rim diameter, and offers an expansive size lineup with seventy-seven sizes, covering more than 90% of the segment.
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GRI announces the latest advancement in tire technology: the next generation XPT SS GREY NON-MARKING bias tire. Specifically designed for skid steer machines, this tire is perfect for both indoor and outdoor conditions. With its sleek grey color, the XPT SS tire is now available for commercial orders.
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