The equipment is designed for mixing, dispersing, compounding, and extrusion of silicone materials on a large scale. These mixers are commonly used by companies that supply to construction, automotive, and electronics markets where silicone is used in manufacturing processes
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In recognition of her leadership and contributions to the manufacturing industry, Covestro LLC employee Diana Kelley was selected as a recipient of the “Women MAKE Awards,” presented by The Manufacturing Institute (MI).
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Key Takeaways from Market Study
The global automotive tire molds market amounted to US$ 1.56 billion in 2023.
Worldwide demand for automotive tire molds is projected to increase at a CAGR of 4.4% from 2023 to 2033.
The global market is estimated to touch US$ 2.39 billion by the end of 2033.
Asia Pacific dominated the global market with 63% share in 2022.
The market in China is anticipated to expand at a CAGR of 5.2%.
The global market for Elastomer Coated Fabrics estimated at US$11.6 Billion in the year 2022, is projected to reach a revised size of US$18 Billion by 2030, growing at a CAGR of 5.6% over the period 2022-2030. Silicone Coated Fabrics, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$6.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the TPU Coated Fabrics segment is readjusted to a revised 5.9% CAGR for the next 8-year period.
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Grinding Mill Liner Market Types refer to the different materials used to construct mill liners, including Metal Mill Liners, Rubber Mill Liners, and other materials such as ceramics and composites. Each type offers unique advantages and is chosen according to the specific needs of the industry.
Grinding mill liner is an essential component of any mining operation, playing a critical role in the milling process. It ensures the protection of the mill shell from any impact and abrasion, enables optimal grinding conditions, and prolongs the lifespan of the mill. The Grinding Mill Liner market has been growing steadily, driven by the rising demand for minerals and metals, which has led to an increase in mining activities worldwide.
The Injection Molding Robots market is expected to grow annually by 10.4% (CAGR 2023 – 2030) according to Reliable Research Reports.
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DuPont has announced the introduction of new low-cyclosiloxane silicone elastomer blends and silicone resin blends in response to growing consumer demand for products that address a range of troubling skin conditions.
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As Chief Commercial Officer of LEIBINGER, Christophe Lopez will take on the responsibility for the overall commercial development, from strategy to implementation, leading the sales and marketing teams. With his extensive experience LEIBINGER will continue to use its excellent starting position in the industry as quality leader and further invest in the expansion of its worldwide market share.
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The global automotive carbon thermoplastic market is valued at US$ 700 million in 2023 and is expected to touch US$ 8 billion
by 2033, rising at a high-value CAGR of 27.5% from 2023 to 2033 according to Fact MR.
Further strengthening its reputation in the construction industry, MAXAM Tire advances its lineup of construction tires by adding four all-steel radial series. The MS901R, MS906R, MS907R, and MS917R deliver the superior advantages required for skid steer, backhoe, and compact wheel loader applications, marking MAXAM’s commitment to serving customers in the construction industry globally.
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