Silicone Fluid Market to surpass US$ 9.7 Billion by 2032, Says FMI. This latest report on global Silicone Fluid market provides analysis on regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silicone Fluid in 20+ high-growth markets, along with the detailed coverage of the impact COVID-19 had on the Silicone Fluid market.
Read More
Elkem, one of the world’s leading suppliers of silicon-based advanced materials, has been awarded double A- scores from CDP for the company’s efforts on climate and forests. The company also achieved a B score on water security.
To earn an A score from CDP, organisations must show environmental leadership. Companies that score a B have addressed the environmental impacts of their business and ensure good environmental management.
The global elastomers market size will reach around USD 104.75 billion in 2023. According to Precedence Research, the global elastomers market size was estimated at USD 98.17 billion in 2022 and it is projected to hit around USD 165 billion by 2030 and growing at a CAGR of 6.71% from 2022 to 2030.Elastomers are polymers having weak intermolecular interactions between the molecules that have both elasticity and viscosity. Elastomers are mostly thermoset but thermoplastic types are considered for injection of molding application. Elastomers have temperatures below room temperature used for glass transition which provides them with flexibility beyond transition temperatures. Elastomers have a high demand in different end-use manufacturing units due to ample flexibility. Prominent products using elastomers include adhesives, molded flexible parts in automotive and seals.
Read More
The long-term outlook on oil and gas seals market remains positive, with revenues set to grow at 3.3% CAGR. Substantial increase oil & gas exploration activities and development of oil & gas distribution infrastructure across the globe are expected to remain key defining factors in the global oil & gas seals market.
Read More
The International Rubber Study Group announce that Olam Global Agri Pte Ltd has been added as their latest associate member.
Read More
The IRSG Industry Advisory Panel (IAP) members met on the 29th November 2022. During the meeting, the IAP members have elected unanimously Mr Segsarn Trai-Ukos, Managing Director SMPT, as the IAP Chairperson and Ms Lina Goodman, CEO TyreStewardship Australia, as IAP Vice Chairman. Mr Segsarn Trai-Ukos has been appointed Managing Director at Société des Matières Premières Tropicales Pte Ltd (SMPT) in April 2020. Previously he covered the position of Chief Administrative Officer (CAO) & VP Public Affairs of MICHELIN South-East Asia, Oceania and Japan-Korea.
Read More
The International Rubber Study Group welcomes LANXESS India as a new member. LANXESS India was incorporated in India on February 20, 2004, and was named as LANXESS India Private Limited on June 30, 2004. LANXESS India Private Limited, a wholly-owned subsidiary of LANXESS Deutschland GmbH is represented through all its eleven business units, operating out of its registered office in Thane and sales office in New Delhi with around 1000 employees across its operations.
Read More
Future Market Insights reports the Middle East conveyor belts market is expected to grow at a CAGR of 4.6% during the forecast period. The market valuation as on 2022 stands at US$ 207.57 bn, and by 2032, the market is expected to be valued at US$ 325.45 bn. The Middle East conveyor belts market was valued at US$ 199.40 bn in 2021
Read More
The Butadiene Market is expected to grow significantly to $29 billion by 2028 according to Vantage Market Research. The main reason behind this growth is the increasing demand for synthetic rubber. Synthetic rubber is made from Butadiene and is used in a variety of applications, such as tires, hoses, belts, and various other rubber products.
Read More
Global demand for rubber derived unrefined pyrolysis oil market is anticipated to witness a CAGR of 5.5% in Europe market, opines Future Market Insights (FMI). Increase in government initiatives to decrease the utilization of crude oil derived products to reduce the carbon footprint is expected to drive the market.
Read More