The global retread tire market is expected to attain a valuation of US$ 11.2 billion in 2023, and is projected to reach US$ 20 billion by 2033. From 2023 to 2033, sales of retread tires are likely to rise at a CAGR of 6% according to Future Market Insights.
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The Global Synthetic Rubber Market is projected to grow at a CAGR of 4.6% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 29.31 Billion in 2022 and is expected to reach USD 42.03 Billion by the end of the forecast period.
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Active Minerals International announces a distribution partnership with Superior Materials, Inc. set to commence on August 1st, 2023. Through this collaboration, Superior Materials will represent Active Minerals’ quality Acti-Gel® and Min-U-Gel® attapulgite products for Adhesives, Coatings, Construction, Sealants, and Elastomers in a territory spanning the states East of the Mississippi River, excluding Florida.
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Renowned for its exceptional quality and stability, Dimethyl Silicone Oil guarantees consistent performance across a wide range of applications. Its reliability and outstanding performance make it an ideal choice for critical processes and formulations.
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Henkel now has expanded its portfolio for wearables in healthcare applications. Therefore, the company leverages its unique capabilities and broad portfolio of high-performance materials for a variety of wearable application types alongside the entire value chain. Henkel´s technology portfolio includes high-impact solutions for low pressure molding technologies, skin bonding, assembly adhesives and electronics and printed electronics.
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The global automotive silicone market is projected to witness substantial growth, reaching USD 3.4 billion by 2028, with a CAGR of 7.3% from USD 2.4 billion in 2023 according to Research and Markets.
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One of the most profitable markets for zinc carbonate is the rubber industry. Zinc carbonate is a commonly used raw material in the production of rubber. It is used to increase the translucency or transparency of natural rubber. It could also be used as a flame retardant by acting as a fireproofing filler in high-temperature rubber. Rising demand for rubbers from various end-use industries is expected to boost zinc carbonate market during the forecast period.
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A few of the well-known market leaders in the global thermoplastic elastomer market that are profiled by Research Nester are Arkema Group, Huntsman International LLC, Covestro AG, KRAIBURG TPE GmbH & Co. KG, Kent Elastomer Products, ALTANA AG, Tosoh America, Inc., The Lubrizol Corporation, Teknor Apex Company, Inc., JSR Corporation, and other key market players
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Leading global tire manufacturers have a significant presence in the European market. Companies such as Michelin, Bridgestone, Continental, Goodyear, Pirelli, and Dunlop are well-established and have strong brand reputations. These manufacturers offer a wide range of tire options for various vehicle segments and have a robust distribution network across Europe.
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The ethylene copolymers market is anticipated to have a steady CAGR of 4.2% during the period 2022-2032. The global Ethylene Copolymers Market size is predicted to grow from US$ 57.4 Bn in 2022 to US$ 86.6 Billion in 2032 according to Future Market Insights.
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