The U.S. Tire Manufacturers Association (USTMA) released its February 2026 shipment forecast, projecting a modest increase in total tire shipments across the U.S. market compared with the prior year. According to the association’s latest data, total shipments are expected to reach 338.9 million units in 2026, up from 336.3 million units in 2025 and from 332.7 million recorded in 2019. The expected total would surpass the previous high of 337.3 million units in 2024, underscoring continued growth in the sector.

The global rubber processing chemicals market is experiencing robust expansion, with industry valuations reaching USD 5.9 billion in 2024 and projections indicating a remarkable trajectory toward USD 11.1 billion by 2034. According to comprehensive market research by Polaris Market Research, the sector is set to grow at a compound annual growth rate (CAGR) of 6.50% throughout the forecast period, signaling unprecedented opportunities for chemicals and materials industry stakeholders.

Drawing on decades of experience and expertise in the bio-based chemicals and materials sector nova-Institute with its renowned biopolymer expert group has become the leading provider of market and trend data on bio-based building blocks and polymers. In addition to publishing annual data on bio-based building blocks and polymers in its well-known report on “Bio based Building Blocks and Polymers – Global Capacities, Production and Trends”, nova-Institute has also been providing data to European Bioplastics (since 2016) and Plastics Europe (since 2023). The data published annually by European Bioplastics and Plastics Europe are taken from the nova-Institute market report, but cover a smaller or different selection of bio-based polymers, based on different scopes.

Economic activity in the manufacturing sector expanded in January for the first time in 12 months, preceded by 26 straight months of contraction, say the nation’s supply executives in the latest ISM® Manufacturing PMI® Report.

The asphalt rubber market is demonstrating consistent and sustainable growth driven by infrastructure modernization and recycling initiatives. Market projections indicate that the industry is expected to reach USD 7.6 billion by 2033, expanding at a CAGR of 6.7% during the forecast period.

This growth trajectory highlights increasing confidence in asphalt rubber’s long-term economic and performance benefits, particularly in regions facing aging road networks and rising traffic volumes.

Global key players of Rubber Coated Fabrics include Continental (ContiTech), Trelleborg AB , GUMOTEX Coating, Chemprene and Bobet, etc. Top three players occupy for a share about 16%. China is the largest market, with a share about 27%, followed by North America and Europe. In terms of product, Synthetic Rubber Coated Fabrics is the largest segment, with a share over 56%. In terms of application, Transportation is the largest market, with a share over 38%.

The global rubber market is moving into a period of structurally moderate growth as slowing macroeconomic momentum and a maturing automotive sector reshape long-term demand patterns, according to the latest World Rubber Industry Outlook released by the International Rubber Study Group (IRSG). Global rubber consumption down 0.6% year-on-year in Q2 2025, but up 1.9% in the first half of 2025

The global rubber market is poised for substantial growth, with the market size projected to expand from USD 48.49 billion in the current year to USD 88.06 billion by 2035, achieving a CAGR of 5.57% over the forecast period according to ResearchandMarkets.com. Rubber’s crucial role in the industrial sector stems from its wide application in industries such as automotive, aerospace, electronics, marine, and energy, offering benefits like flexibility, thermal shrinkage, and durability.

The market is projected to grow from USD 1,720 million in 2025 to USD 4,220 million by 2035, expanding at a compound annual growth rate (CAGR) of 7.7%. This remarkable growth trajectory reflects strong industrial momentum and continuous innovation in liner materials and coating technologies.

The global market for rubber process oils is projected to grow steadily over the next five years, reaching an estimated $2.49 billion by 2030 as demand rises from key manufacturing sectors according to Markets and Markets.

Industry analysts forecast a compound annual growth rate of around 2.6% from 2025 to 2030, reflecting stable expansion as rubber producers seek improved processing performance and enhanced compound properties in a wide range of applications.

The Global Silicone Market is entering a transformative decade—one shaped by rapid industrialization, sustainability-driven innovation, and the rising performance expectations of end-use industries. According to Renub Research, the global market will reach US$ 27.16 billion by 2033, increasing from US$ 17.29 billion in 2024 at a CAGR of 5.15% between 2025 and 2033.

The Global carbon black market is at a tipping point, driven by eco-manufacturing mandates and every ounce of material science evolution in reinforcements. Valued at USD 21.85 billion in 2024, it is projected to reach USD 32.68 billion by 2032 at a steady 5.16% CAGR. North America, capturing nearly a fifth of the global share, spearheads expansion powered by tire and battery demand, while Asia Pacific benefits from production scale

According to a new industry forecast from Market Genics, the market — valued at roughly USD 1.8 billion in 2025 — is expected to more than double by 2035, reaching approximately USD 4.6 billion. Analysts project a compound annual growth rate (CAGR) of nearly 9.8%, driven by stricter environmental regulations, rising raw material costs, and stronger adoption of circular-economy practices across multiple industrial sectors.

The global market for Silicone Defoamers was estimated to be worth US$ 2910 million in 2024 and is forecast to a readjusted size of US$ 4043 million by 2031 with a CAGR of 4.5% during the forecast period 2025-2031 according to QY Research

The International Rubber Study Group (IRSG) has released its Rubber Industry Report (July–September 2025), providing an updated assessment of global rubber demand, supply and trade developments for the first half of 2025.

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 337.4 million units in 2025, compared to 337.3 million units in 2024 and 332.7 million units in 2019. This surpasses the previous record of 337.3 million units in 2024.

Because the U.S. government shutdown delayed the release of August and September tire trade data, the current forecast is produced without these inputs and may therefore contain higher-than-usual estimation errors for U.S. replacement shipments.

The Plastics Industry Association (PLASTICS) Chief Economist, Dr. Perc Pineda, has released a new economic analysis showing that despite limited federal data availability due to the U.S. government shutdown, the nation’s automotive market remains fundamentally strong—supported by resilient consumer demand, steady production, and continued opportunities for plastics manufacturers.

The Conductive Silicone Rubber Market Size valued at USD 19.61 Billion by 2034 with a CAGR: 8.3% according to Polaris Marketing Research and Consulting. The global conductive silicone rubber market is on the rise, mainly due to its unique characteristics—such as electrical conductivity, flexibility, and thermal stability. Conductive silicone rubber is considered an advanced material and serves multiple applications across industries such as electronics, automotive, healthcare, and energy due to its exceptional performance in extreme environments.

The global medical elastomer market is set to reach $19.2 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.7% from 2024, according to a report by Acumen Research and Consulting. This growth is driven by advanced material innovations, rising demand for disposable medical devices, and expanding healthcare infrastructure worldwide.

The cast elastomers market size is projected to grow from USD 1.87 billion in 2025 to USD 2.38 billion by 2030, registering a CAGR of 5.0% during the forecast period according to MarketsandMarkets.

The increasing demand for cast elastomers is due to their advantageous mechanical characteristics, such as excellent abrasion resistance, durability, and flexibility, which allow them to perform well under extreme, demanding conditions. Industries like mining, oil & gas, automotive, and manufacturing all rely on cast elastomers for components that will withstand wear, impact, and chemical exposure. The increasing implementation of automation and high-performance equipment is also increasing the demand for materials with longevity and low maintenance. The customization of cast elastomers for specific applications is driving global demand, particularly in emerging economies.

The U.S. non-automotive rubber transmission belts market is on a steady growth trajectory, projected to reach a valuation of USD 1.85 billion by 2032, according to a recent report by Polaris Market Research. This expansion reflects a compound annual growth rate (CAGR) of 3.4% from 2024 to 2032.

The global synthetic rubber market was valued at USD 24.29 billion in 2024 and is expected to reach approximately USD 25.75 billion in 2025 according the latest report from Research Nester. Over the period from 2025 to 2037, the market is projected to grow at a compound annual growth rate of around 7.5%, surpassing USD 62.19 billion by 2037. A notable highlight is the Asia Pacific region, which is anticipated to generate more than USD 23.63 billion in revenue by 2037, driven by rapid industrial expansion and strong demand from the automotive sector.

The U.S. Tire Manufacturers Association (USTMA) forecasts that total U.S. tire shipments will reach 340.2 million units in 2025, surpassing the previous record of 337.3 million units set in 2024. This also marks an increase from 332.7 million units in 2019.

The global Rubber Testing Equipment Market is poised for steady expansion, with its market value expected to grow from USD 15,686.3 million in 2025 to USD 21,081.0 million by 2035, marking a Compound Annual Growth Rate (CAGR) of 3.0% over the forecast period. As manufacturers across industries seek advanced solutions to ensure product durability, performance, and compliance, the demand for high-precision rubber testing equipment continues to rise.

The styrene butadiene rubber market is projected to reach USD 19.7 billion by 2034, exhibiting a steady CAGR of 5.5% over the forecast period according to Future Market Insights. This growth highlights strong demand across automotive, construction, and industrial applications, driven by the material’s durability, cost-effectiveness, and versatility. As industries continue to prioritize high-performance synthetic rubbers, the market is expected to maintain a consistent upward trajectory.

The Rubber Trade Association of Europe (RTAE) has reported that prices for Technically Specified Rubber (TSR 20) remained subdued throughout May, averaging around 165 euro cents per kilogram CIF. Despite a brief mid-month uptick to 170 €/kg, the market quickly corrected, with prices falling back to 160 €/kg by the end of the month.

Europe non-automotive rubber transmission belts market size was valued at USD 1,257.27 million in 2023. The market is anticipated to grow from USD 1,272.23 million in 2024 to USD 1,685.83 million by 2032, exhibiting the CAGR of 3.6% during the forecast period according to Polaris Market Research.

The Europe non-automotive rubber transmission belts market is growing due to industrialization and Europe’s rising need for manufactured goods. The market is expanding due to automation trends and technological advancements such smart functions and increased energy efficiency to fulfil the need for material handling processes efficiently across a range of sectors is propelling the European market’s notable expansion and development. Moreover, Europe is considered as trade hub for export for various countries having full connectivity is fueling the growth of this market.

The global Cellular Rubber Market is poised for significant growth, projected to rise from USD 9,083.9 million in 2025 to USD 15,370.3 million by 2035, reflecting a CAGR of 5.4% according to Future Market Insights. This expansion is driven by the growing demand for thermal and acoustic insulation in key sectors such as electric vehicles, HVAC systems, and industrial equipment

The Roofing Chemicals Market is projected to reach USD 117.60 million by 2032, driven by a robust compound annual growth rate (CAGR) of 8% during the forecast period according to Future Market Insights. This significant growth is attributed to increasing construction activities, rising demand for durable and weather-resistant roofing solutions, and heightened focus on energy efficiency in residential and commercial buildings. Advancements in chemical formulations that enhance the longevity and performance of roofing materials are also playing a pivotal role in market expansion.

The medical injection molding market value is expected to reach US$ 10.80 billion by 2031 from US$ 7.52 billion in 2024; the market is anticipated to register a CAGR of 5.3% during 2025–2031. The medical injection molding market growth is attributed to the surging government funding for medical injection molding and increasing prevalence of newborn disorders. Moreover, the rising burden of congenital diseases is likely to fuel the market expansion in the coming years.