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Latex mattress market forecast at $20 billion by 2032

According to the FMI’s report, the Latex Mattress Market is projected to record a CAGR of 7% over the forecast period. Significant changes in consumer behavior, robust product innovations, and a wealth of distribution networks continue to influence growth of the Latex Mattress Market. FMI’s analysts rely on modern-day research methods for the compilation of the Latex Mattress Market report and gather data from a wide range of primary and secondary sources.

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Bridgestone celebrates 50 years of operations in LaVergne, Tennessee

Bridgestone Americas, Inc. (Bridgestone), a subsidiary of Bridgestone Corporation announced its truck and bus radial (TBR) tire manufacturing plant in LaVergne, Tennessee is celebrating 50 years of operations this year. The LaVergne Tire Plant began manufacturing TBR tires in 1972 and continues to play a vital role in the local community today by employing more than 1,000 people.

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Phenolic resins market forecast at $17.2 billion by 2030

Phenolic Resins Market accounted for US$ 11.2 billion in 2020 and is estimated to be US$ 17.28 Billion by 2030 and is anticipated to register a CAGR of 4.5% according to Prophecy Marketing Insights. Phenolic resins are classified into two different types, novolacs and resoles. phenolic novolac resins and phenolic resol resins is used to create the polymer Phenolic resin these resin is also called as phenolic formaldehyde resin, phenolic resin is a synthetic resin is produced from the polymerization of a phenol (C6H5OH) and a formaldehyde (CH2C=O). Both have high temperature stability up to 300° – 350° C, high water and chemical stability. Phenolic resins are establish in numerous industrial products.

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Global butyl rubber market forecast at 6.8 billion by 2028

The global Butyl Rubber market is forecast to reach USD 6,859.8 Million by 2028, according to a new report by Reports and Data. Butyl rubber is a type of synthetic rubber used mostly in tires and tubes, as it consists of unique properties such as excellent resistance to heat, chemicals & ozone, permeability to gas, and high low-temperature flexibility. It is also used in adhesives, sealants, protective clothes, closures, pharmaceutical stoppers, electrical cables, vials & tubes, hoses, and shoe soles.

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Global motorcycle tires market forecast at $6.8 billion by 2028

The global Motorcycle tires market size is estimated to be worth US$ 5707.3 million in 2022 and is forecast to a readjusted size of US$ 6826.8 million by 2028 with a CAGR of 3.0% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Bias Tire accounting for % of the Motorcycle Tires global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Replacement segment is altered to an % CAGR throughout this forecast period.

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