rss6

Market ReportsNewsrss6

Global yoga mat market anticipated to reach $11.13 billion by 2027

The global yoga mat market size was USD 8.83 Billion in 2019 and it is anticipated to reach USD 11.13 Billion by 2027, at a CAGR of 3.1% during the forecast period. The market is primarily driven by growing awareness among the new generation as well as elderly population regarding health benefits of yoga. The sedentary lifestyle of the new generation results in rising prevalence of obesity and chronic diseases, which is driving the practice of yoga and increasing the demand for yoga mats. Health-conscious population is increasingly adopting yoga to lower stress levels and improve functioning of the brain. This, in turn, is contributing to the market for yoga mats. Increasing number of yoga studios in developed as well as developing economies (such as India) is leading to the increased demand for yoga mats.

Read More
Market ReportsNewsrss6

Global adhesives and sealants market forecast with a CAGR of 5.89 percent through 2026

The adhesives and sealants industry serves a significant purpose in numerous industries such as aerospace and defense, paper and packaging, construction, manufacturing, transportation, etc. The outburst of population and urbanization in developing countries such as China, India, Brazil, Indonesia, Mexico, Bangladesh, etc., has fostered the demand for adhesives and sealants by a considerable amount. Water-based adhesives and hot melt adhesives comprise more than 50% of the total demand in India

Read More
Market ReportsNewsrss6

Global silicone and silane market forecast at $27 billion by 2030

The Global Silicone and Silane Market size is estimated to be USD 15.98 billion in 2019 and is predicted to reach USD 27.62 billion by 2030 with a CAGR of 5.1% from 2020-2030. Silicone is a polymer consist of hydrogen, carbon and other chemicals and used as resin, grease, oil and other in various industries such as automobile, construction, medical, electronics and others. Silane is an organic compound consists of multiple or single silicon carbon bond and it is produced by reaction of silica sand with magnesium in the presence of hydrochloric acid. Silane helps in the binding of two compounds together in different industries.

Read More
Newsrss6

SyBridge Technologies completes acquisition of Pyramid Mold and Tool

SyBridge Technologies announced that it has completed the acquisition of Pyramid Mold and Tool. This transaction further expands SyBridge’s customer base and footprint in the life sciences end-markets. New York based private equity firm Crestview Partners established SyBridge Technologies in 2019 and committed $200 million of equity to create a market leading value-added manufacturing solutions provider spanning across end-markets, geographies, and advanced technological capabilities. Pyramid is SyBridge’s fifth acquisition in the last ten months.

Read More
Market ReportsNewsrss6

Global cast elastomer market projected to reach $1.8 billion by 2026

mproved properties such as high load-bearing capacity, high resilience, high impact strength, high abrasion resistance, and excellent resistance to oil and grease than conventional materials is also a major driving factor. Also, the growing demand for equipments for industrial processes employed in various industries such as food & beverage, power, oil & gas, chemical, mining, and pulp & paper and growth in urbanization in the emerging economies, such as APAC, Middle East & Africa, and South America, are also driving the market

Read More
Newsrss6

UPM launches UPM BioMotion renewable functional fillers (RFF)

UPM BioMotion™ Renewable Functional Fillers (RFF) represent UPM’s latest revolutionary development in sustainable solutions. They address the urgent need to reduce CO₂ emissions of rubber and plastics products by offering a truly sustainable alternative to fossil-based carbon black and precipitated silica, the dominating functional fillers used in rubber and plastic products today

Read More
Newsrss6

Interview with Shio-Shen Ho, Director of the Department of Machinery, Kayton Industrial Co. Ltd

Shio-Shen Ho, Director of the Department of Machinery, Kayton Industrial Co. Ltd has amassed his wealth of knowledge in production line management since his early years in the large tire industry, owing to his self-trained English and Japanese. He has firsthand experience in advanced production machines from various developed countries. Having spent decades traveling the world observing production lines, gaining valuable manufacturing experience from the world’s leading tire manufacturers, while also developing solid fundamental skills from customers every day.

Read More