Resin Solutions, LLC, has announced a 25 U.S. cents/lb or 0.50 €/Kg price increase across all products and regions for its hydroxy terminated polybutadiene (HTPB) product line sold under the tradename Poly bd®. The increase is effective for all deliveries on and after August 15, 2024.
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he global silicone coating market size reached USD 7.8 Billion in 2023 is expected to reach USD 13.22 Billion by 2033, exhibiting a growth rate (CAGR) of 5.42% during 2023-2033 according to Exactitude Consultancy. The silicone coating market key players includes Wacker Chemie AG, Shin-Etsu Chemical Co. Ltd, Momentive, Milliken & Company, HumiSeal, CHT UK Bridgwater Ltd, Dow, Elkem Silicones, Evonik Industries AG, KCC Silicone.
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The isoprene rubber latex industry is predicted to be valued at USD 922 million by 2024. The market valuation is estimated to be USD 2,005.3 million by 2034, projected at a CAGR of 8.1% according to Future Market Insights.
The boom in demand for eco-friendly and sustainable materials fuels the adoption of isoprene rubber latex due to its renewable sourcing and biodegradability, aligning with global sustainability goals.
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Flexsys announced it will increase prices for all Insoluble Sulfur, 6PPD and 4-ADPA products sold worldwide, effective for all shipments on or after September 1, 2024, or as customer contracts allow. The price increase will be up to 12% depending on product and world region.
This price increase will help offset the effects of continued inflationary pressures on the business.
The Yokohama Rubber Co., Ltd., announced that it will supply its GEOLANDAR M/T G003 mud-terrain tires for SUVs and pickup trucks to Team MITSUBISHI RALLIART for its participation in this year’s Asia Cross Country Rally (hereafter AXCR), Asia’s largest cross country rally, which is scheduled to be held during August 11–17. In 2022, Team MITSUBISHI RALLIART captured the overall championship on GEOLANDAR M/T G003 tires and aims to reclaim the championship this year.
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The global rubber molding market is poised for significant expansion, with its valuation projected to reach USD 54.2 billion by 2024 and surge to USD 109.3 billion by 2034 according to Future Market Insights. This robust growth is anticipated at a compound annual growth rate (CAGR) of 7.3% throughout the forecast period. The increase in demand for rubber molding is driven by its wide applications across various industries, including automotive, aerospace, and consumer goods, where it plays a crucial role in producing high-quality, durable components. As industries continue to advance and seek more efficient manufacturing solutions, the rubber molding market is set to experience substantial development and opportunity.
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Orion’s “Sustainability Report 2023,” which the company released with the theme: “Driving innovation, enabling the everyday.” The report covers a variety of highlights, including: Achieving an EcoVadis Platinum Medal, positioning the company in the 99th percentile of companies evaluated. Opening a Battery Innovation Center to develop new products and formulations for lithium-ion batteries driving the shift to electrification.
Investing €12.8 million – including €6.4 million in grant funding from the German government and European Union — to further develop and demonstrate a climate-neutral process for producing carbon black from alternative carbon sources. Leading the carbon black industry in the number of production sites with ISCC (International Sustainability & Carbon Certification) PLUS certification. Reaching the goal of having 80% of employees receive 40 or more training hours – double the average training hours in 2022. In a Q&A section with Painter, the CEO describes how the company developed a reputation for being a leader in developing sustainable products in its industry.
The demand for synthetic polyisoprene rubber industry is likely to be driven by its widespread application in the manufacturing of tires, belts, footwear, and medical accessories such as medical gloves and medical balloons. The global market is anticipated to expand at a robust 6.2% CAGR over the forecast period between 2022 and 2032, finds Future Market Insights (FMI) in a recent market analysis.
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As per a recently published report by Future Market Insights, sales of adhesive films market are projected to reach US$ 29.8 billion in 2033 from US$ 19.1 billion in 2023. The market is estimated to witness a CAGR of 4.6% between 2023 and 2033.
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The silicone fluid industry is to surpass US$ 9.7 Billion by 2032, according to the latest report for Future Market Insights. This latest report on the global Silicone Fluid market provides an analysis of the regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silicone Fluid in 20+ high-growth markets, along with detailed coverage of the impact COVID-19 had on the Silicone Fluid market.
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