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Butyl rubber market forecast with a CAGR of 4 percent through 2030

Butyl rubber is a type of synthetic rubber that has excellent air-retention properties, making it a popular material for manufacturing tire inner tubes, pharmaceutical stoppers, and other products requiring air-tight seals. The market leaders in butyl rubber are ExxonMobil, Sibur, and Lanxess, which collectively hold a significant share of the global market. Other players in the market include PJSC NizhneKamskneftekhim, JSR, Sinopec Beijing Yanshan, Formosa Synthetic Rubber (Ningbo), Zhejiang Cenway Synthetic New Material, and Panjin Heyun Group.

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Kuraray signs distribution agreement for MOWITAL with Gehring-Montgomery in the USA

Kuraray has a new distribution partner for MOWITAL® in North America. From July 1, 2023, Gehring-Montgomery, Inc. will include Kuraray’s range of MOWITAL® polyvinyl butyral (PVB) resins in its portfolio of resins and chemicals for the North American market. Gehring-Montgomery is the US subsidiary of the TER Group, a global distributor of fine and speciality chemicals headquartered in Hamburg, Germany. The distribution agreement with Gehring-Montgomery will increase the global reach of the versatile and successful PVB resins offered by European market leader Kuraray, particularly for printing inks, adhesives, paints and coatings for the US market.

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BKT launches new industrial rubber track

BKT has started a new era when it entered the new market segment of rubber tracks in November 2022. On the occasion of the trade shows SIMA and EIMA, BKT kicked off its first rubber track series, AGRIFORCE for farming applications. This market novelty, and in particular, the launch of the first pattern, AGRIFORCE BK T71 for tractors featuring a robust structure along with an appealing design, immediately scored a great success.

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Elastomer compounds made by Gummiwerk KRAIBURG for a Range of hydrogen applications

Gummiwerk KRAIBURG has had a range of its compounds tested for use in hydrogen applications. In the test cycles the elastomer mixtures showed no signs of explosive decompression damage and attained approval following the SAE J2600 standard as issued by the German technical standards supervisory body, abbreviated TÜV. The approval confirms that the compounds fulfill the highest standards of quality and meet the requirements for use in hydrogen plants, systems and vehicles.

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Innovative roll-ex solutions for the processing of rubber compounds presented at Tire Technology Expo by UTH

UTH GmbH presented its extended product range at Tire Technology Expo 2023, in Hannover. UTH’s core competencies include innovative roll-ex® Fine Mesh Straining solutions and roll-ex® Gear Pump Technology. These technologies enable rubber and tire manufacturers worldwide to meet the challenges of rubber processing. The demands are products of the highest quality as well as greater cost-effectiveness: A goal that poses great challenges given the current energy and raw material situation and one which calls for intelligent solutions

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Arris improves additive manufacturing capacity to one million parts per year

Additive Molding, a first-of-its-kind manufacturing, materials, and software technology developed by ARRIS, has been scaled from tens of thousands of parts in 2021 (Berkeley facility) to hundreds of thousands of parts in 2022 (Berkeley and Taiwan facilities). By partnering with a contract manufacturer in Malaysia, ARRIS is positioning Additive Molding for an initial production capacity of 1M+ parts per year.

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CDI Energy Products, LLC, rebrands as CDI Products

CDI Energy Products, LLC, announced its new brand identity as CDI Products, reflecting its diversified market strategy. CDI has been a trusted partner within the oil and gas and broader energy sector for decades. In recent years, CDI has expanded its product offerings through internal research and development, collaborative custom engineering projects, strategic acquisitions, and organic growth. With this brand evolution, CDI will continue to support the energy sector and global energy transition while supporting customers across CDI’s expanded market portfolio, including the aerospace, semiconductor, general industrial, medical markets, and beyond. This new brand identity represents CDI’s commitment to innovation, and its increased global reach, operational expertise, and diverse array of services.

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Starrett promotes Michael Connor to sales and marketing director

The L.S. Starrett Company has promoted Mr. Michael Connor to Sales and Marketing Director North America, Industrial Products.
“We are pleased to have Michael to step into this new role,” said Mr. Emerson Leme, Vice President, Starrett Industrial Products, North America. “Michael has been with Starrett since March of 2020, and in that time he has ably managed our portfolio of strategic accounts. Mr. Connor also held a sales management position with Starrett from 2002 to 2006. We are confident in his ability to grow the sales of our broad range of products in North America.”

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Global synthetic latex polymers market forecast at $98.8 billion by 2033

Increasing construction activities worldwide has led to a surge in the demand for paints and coatings, which is expected to drive the sales of synthetic latex polymers. According to a recent research report by Fact.MR, a provider of market research and competitive intelligence, the global synthetic latex polymers market is projected to reach a value of US$ 98.8 billion by the end of 2033, expanding at a CAGR of 4.2% from 2023 to 2033.

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