Market size is estimated to reach USD 239.13 Billion from USD 97.62 Billion in 2021, delivering a CAGR of 10.6% through 2030. The market growth is driven by the growing awareness about environmental damage incurred by vehicular emissions and the cumulative amount of pollutants emitted by the automobile industry according to ReportsandData.com
Read MoreThe global tire sensor market was valued at USD 6,638.85 Million in 2021, and it is expected to reach a value of USD 11,381.43 Million by 2027, at a CAGR of more than 9.40% over the forecast period (2022 – 2027) according to ResearchAndMarkets.com
Read MoreIt’s the leading trade fair for products and services relating to rubber: the DKT IRC, which will attract a specialist audience to Nuremberg from 27 to 30 June 2022, is also one of the most important platforms for Gummiwerk KRAIBURG when it comes to in-person networking and exchanging new ideas. The company is constantly focusing on future topics and trends, and is reinventing itself and its portfolio again and again. As well as a wealth of expertise built up over time, strong partnerships are also essential for realizing innovative ideas and creating something new. With this year’s trade fair slogan: “Future-proof: Tradition. Partnership. Innovation.”, Gummiwerk KRAIBURG is focusing on these success factors, and is eager to shape the future together with its customers.
Keeping ahead of tomorrow’s trends with tradition and innovation
Exhibiting at DKT, Wickert Maschinenbau will demonstrate how high-quality elastomer molded parts can be produced economically in both, large and small volumes. With its elastomer presses, which according to the company are among the leading technologies worldwide, it targets a wide spectrum of users, including producers of micro and precision parts, manufacturers of thin-walled or large-volume components, and manufacturers of clean room pharmaceutical products.
Read MoreThe defoamers market is estimated to clip a CAGR of 4.5% for the forecast period from 2022 to 2031. Rapid urbanization in developing countries, increasing number of smart city projects, and building & construction are some key factors fueling the growth of defoamers market. Defoamers’ market manufacturers are targeting high-growth end-use industries such as paints & coatings and paper &pulp for handsome ROI according to Transparency Market Research.
Read MoreThe silicone surfactants market size was valued at USD 2.04 billion in 2021. The market size is expected to rise from USD 2.13 billion in 2022 to USD 2.99billion by 2029 at a CAGR of 5.0% during the projected period. Fortune Business Insights™ publishes this information in a report titled, “Silicone Surfactants Market, 2022-2029”. According to the report, the market is expected to rise during the forecast period due to increasing demand for personal care and skin care products.
Read MoreFMI’s 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 MoreFMI analysts expect the synthetic polyisoprene rubber market to grow at a CAGR of 6.3% during the period, 2022-2031, driven by incorporation of innovative materials in medical gloves production to prevent the risk of latex allergy along with increasing demand for highly efficient adhesives in building & construction industry. Analysts also expect that demand coming from high-end applications can offer larger profit pools, which should compel the manufactures to center their focus on developing material with high purity targeted at specific end-use applications.
Read MoreIn 2021, the China Industrial hoses market is estimated to record 5.7% year on year growth, bucking initial skepticism about how the market would perform during a global pandemic. In China, the total demand of industrial hoses is expected to reach 548 Mn Meters by 2031
Read MoreThe global Automotive Silicone Market is expected to achieve a windfall due to the upswing noticed in sales of vehicles in the automotive sector. High demand for lightweight vehicles due to rapid urbanization and changing lifestyles of consumers can drive the market. This trend is supported by properties of silicone such as durability, resistance, and strength. The use of silicone in exterior paints, car parts, tires, and other parts can spur the market demand exponentially during the forecast period.
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