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Brenntag Specialties announces exclusive distribution agreement with 3M for glass bubbles as additives for coatings

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3M Glass Bubbles provide a high-performance alternative to conventional fillers in a variety of materials. These hollow glass microspheres are not only offering weight saving opportunities but are also contributing to functional benefits ranging from dimensional stability to solar reflectivity. 3M Glass Bubbles are made of soda-lime borosilicate glass, which is a true glass with inherently greater water and chemical resistance than other hollow glass microspheres made of sodium silicate glass, also known as water glass.

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Cefic recognizes Arkema for advancing circularity and climate neutrality

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Cefic, the European Chemical Industry Council, has recognized 23 companies and national associations for their exceptional contributions to advancing the ambitions of the Antwerp Declaration through the 2024 European Responsible Care Awards. Arkema emerged as the winner in the “Time for Change – Circularity and Climate Neutrality” category with its Optim’O program and received a commendation for reducing the carbon footprint of its bio-based Polyamide 11 materials.

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Evonik restructures business lines from four into two for leaner management model

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Currently, Evonik manages its chemicals businesses in the growth divisions Specialty Additives, Nutrition & Care, and Smart Materials. Under the new structure, which will take effect on April 1, 2025, the Group will organize its business lines in two new segments: Custom Solutions and Advanced Technologies. This will allow for clearer strategic focus and resource allocation. It will also enable more differentiated management of the businesses according to their respective business models. The segments currently have annual sales of around €6 billion each.

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Engel’s TMA Automation begins construction of new facilities in Poland

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The ENGEL Group subsidiary, TMA AUTOMATION Sp. z o.o., has begun construction of a modern office and production building in the immediate vicinity of Gdansk Airport in Poland. This new location underlines ENGEL’s commitment to growth and innovation in the automation of injection molding processes.

The strategically favourable location offers an excellent access to various educational and training institutions, including technical universities in the region. This supports the long-term recruitment of highly qualified specialists and strengthens the ENGEL Group’s position in the field of highly integrated and automated production solutions.

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Advanced elastomer market forecast to reach $7.8 billion by 2029

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Market and Markets latest report “Advanced Elastomers Market by Type (Thermoplastic Elastomers, Silicon Elastomers), Application (Insulations, Implants), End-Use Industry (Medical, Industrial, Aerospace & Defense), Region- Global Forecast to 2029”, size is projected to grow from USD 6.0 billion in 2024 to USD 7.8 billion by 2029, registering a CAGR of 5.3% during the forecast period. The advanced elastomers market is driven by several key factors, including increasing global focus on sustainability, technological advancements, expanding applications, economic incentives, and growth in demand are the global trend towards lightweighting, most notably in the electrical & electronics and aerospace sectors.

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Medical elastomer market forecast at $14.2 billion by 2029

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The medical elastomer market is driven by the growing demand of medical devices fueled by expansion of healthcare technologies. Medical devices such as surgical instruments and diagnostic tools need components which are durable, flexible and biocompatible. The medical elastomers offer these properties. Additionally, the increased elderly population across the globe is enhancing the demand for devices such as catheters, syringes, and prosthetics where medical elastomers are crucial in order to ensure patient comfort and improved performance. Furthermore, the advancement in wearable medical devices and remote monitoring systems is also driving the demand for medical elastomers as such materials offering durable and comfortable designs. The globally risen healthcare expenditure as well as the continuous innovation and R&D is further increasing the demand for medical elastomers.

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Conductive silicone market forecast to reach $11.6 billion by 2031

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According to projections by Persistence Market Research, the global conductive silicone rubber market is poised for robust growth. The market is expected to rise from USD 7.13 billion in 2024 to a remarkable USD 11.60 billion by 2031, achieving a compound annual growth rate (CAGR) of 7.2% during the forecast period of 2024 to 2031. This growth is fueled by increasing demand across industries, particularly with the rollout of 5G technology and the rise of electric vehicles (EVs). These sectors require advanced materials with superior conductivity, flexibility, and durability, making conductive silicone rubber an ideal solution.

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