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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The U.S. in North America is expected to witness significant growth in the demand for bio-based elastomers. This is due to the fact the country hosts a number of conventional elastomer manufacturers such as Avient Corporation, Huntsman International LLC, The Lubrizol Corporation, Trinseo, and Dow that are now engaged in the development of bio-based elastomers.
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Key manufacturers in the market offer a wide range of products to sustain the harsh competition in the market. Companies such as Sika AG, Wacker Wacker Chemie AG, The Dow Chemical Company, Guardian Glass, YKK Corportaion offer a wide range of silicon sealant and adhesive, glass, metal brackets and others.
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For the new Brabus 930, the most powerful supercar in its lineup, the tuning company Brabus will be using only tires from Continental. Size 275/35 ZR 21 tires will be mounted at the front and 335/25 ZR 22 tires at the rear. This combination gives the 930 hp / 684 kW car a firm grip on the road and enables it to sprint from 0 to 100 km/h in a mere 2.8 seconds. The V8 super sports car, which weighs in at 2.4 metric tons and produces a torque of 1,550 Nm, has a speed that is capped electronically at 316 km/h.
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Hercules Tire and Rubber Company announced the launch of its revamped Raptis series, featuring the groundbreaking Raptis R-T6 and Raptis R-T6X. These new additions succeed the previous Raptis R-T5 and offer two distinct product lines with a wide range of options, meeting the demands of the growing Ultra High-Performance (UHP) all-season market.
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The Yokohama Rubber Co., Ltd. announced that it is supplying its GEOLANDAR A/T G015 to be used as original equipment (OE) tires on the new Crosstrek Wilderness SUV for North America, which was announced by Subaru Corporation in April 2023. The Crosstrek Wilderness is being fitted with 225/60R17 99T size tires.
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