rss5

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.

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.

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.

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.

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.

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.