Eurozone economic recovery fades further in July with weak manufacturing report

The eurozone manufacturing sector was again a key source of weakness. Production was down markedly in July, and to the largest extent in the year-to-date. As such, a rise in services activity stopped the overall private sector from falling into contraction. That said, the expansion in the service sector was only modest and the weakest since March. The two largest euro area economies continued to underperform the wider region. Output in Germany decreased for the first time in four months, while France posted a third consecutive monthly reduction in business activity. This performance contrasted with continued growth across the rest of the euro area, albeit the latest increase in output was the least marked since January.

Adhesive films market forecast at $29.8 billion by 2033

As per a recently published report by Future Market Insights, sales of adhesive films market are projected to reach US$ 29.8 billion in 2033 from US$ 19.1 billion in 2023. The market is estimated to witness a CAGR of 4.6% between 2023 and 2033.

Silicone fluid industry forecast at $9.7 billion by 2032

The silicone fluid industry is to surpass US$ 9.7 Billion by 2032, according to the latest report for Future Market Insights. This latest report on the global Silicone Fluid market provides an analysis of the regulatory landscape and profitable epidemiology. The study also tracks global sales of primary Silicone Fluid in 20+ high-growth markets, along with detailed coverage of the impact COVID-19 had on the Silicone Fluid market.

Global rubber tire market forecast to reach $208 billion by 2031

The global rubber tire market is characterized by steady growth driven by several factors, including increased vehicle production, expanding transportation infrastructure, and rising consumer demand for high-performance and durable tires. Major players in the industry include Bridgestone, Michelin, Goodyear, Continental, and Pirelli, among others.
The global rubber tire market size was USD 149.4 Billion in 2022 and is likely to reach USD 208.99 Billion by 2031, expanding at a CAGR of 3.8% during 2023 – 2031 according to Growth Market Reports.

Global reclaimed rubber industry forecast at $3.6 billion by 2033

Several variables are affecting the growth and development of the reclaimed rubber business. The growing emphasis on sustainability and environmental responsibility is an important factor. Manufacturers are turning to reclaimed rubber as a more sustainable alternative to virgin rubber as worries about resource depletion and waste management grow. Reclaimed rubber has advantages such as decreased carbon footprint, reduced trash output, and natural resource conservation. Another motivating aspect is cost-effectiveness. Reclaimed rubber is less expensive than virgin rubber, making it an appealing solution for enterprises looking to reduce production costs and increase profitability.

Global dimethyldichlorosilane industry size is expected to grow with a CAGR of 8.5 percent through 2032

The global dimethyldichlorosilane industry size is expected to grow at a robust CAGR of 8.5% from 2022 to 2032 according to Future Market Insights. The target market will accrue a revenue of US$ 2.48 billion by 2032, as opposed to US$ 1.19 billion in 2022.

Global medical nitrile glove market forecast at $11.5 billion by 2033

Pune, India – The Brainy Insights projects that the global medical nitrile gloves market, valued at USD 4 billion in

Global oil and gas seal industry forecast at $1.8 billion by 2034

The global oil and gas seal industry value reached USD 1116.5 million in 2023 according to Future Market Insights. Over the forecast period, the value is anticipated to rise at 4.4% CAGR. The market is predicted to increase from USD 1216.9 million in 2024 to USD 1871.8 million in 2034.

U.S. manufacturing sector contracts for third consecutive month

Economic activity in the manufacturing sector contracted in June for the third consecutive month and the 19th time in the last 20 months, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

Global silicone sales estimated at $29 billion by 2024

Global sales of silicone, estimated at USD 18,432.1 million in 2024, are projected to escalate to USD 29,456.9 million by 2034. This growth reflects a compound annual growth rate (CAGR) of 4.8% over the forecast period according to Future Market Insights. The steady rise in silicone demand can be attributed to its versatile applications across various industries, including automotive, construction, electronics, and healthcare, where its unique properties such as thermal stability, low toxicity, and flexibility are highly valued. This upward trend underscores the expanding utilization and innovation in silicone-based products, driven by ongoing advancements and an increasing focus on sustainable and high-performance materials.

Global silicone adhesive and sealants market forecast at $12 billion by 2032

The global silicone adhesives and sealants market, valued at US$ 6.5 billion in 2022, is projected to witness significant growth with a CAGR of 6.5% over the forecast period, reaching a value of US$ 12 billion by 2032 according to Future Market Insights. Silicone adhesives and sealants find extensive applications in various industries due to their beneficial properties such as UV stability, thermal tolerance, flexibility, and adherence to different surfaces. Key end-user sectors include industrial, automotive, biomedical, aviation, and packaging industries.

Global silicone release liner market forecast at $2.9 billion by 2033

The global silicone release liners market is projected to register positive growth through 2023, with global revenues up by 5.1%, forecasts Future Market Insights (FMI) in its recent study. Overall sales of silicone release liners are expected to total US$ 1.39 billion in 2023. FMI has projected the demand to rise at 7.7% CAGR between 2023 and 2033. The market is estimated to surpass US$ 2.93 billion by 2033.

Global rubber tracks for defense market forecast at $63 billion by 2033

The global rubber tracks for defense and security market was estimated to be worth US$ 26.8 billion in 2023. Future Market Insights anticipates that the rubber tracks for defense and security market is likely to expand at a CAGR of 8.94% between 2023 and 2033, totaling around US$ 63.1 billion by 2033.

Global hydraulic rubber hose market forecast at $1.3 billion by 2028

The major players in Global Hydraulic Rubber Hose Market are Koman Hydraulic, Eaton Corporation (Synflex), Kurt Manufacturing, Parker Hannifin, Transfer Oil S.p.A., Piranha Hose Products, Manuli Rubber Industries, HIC International, Gates, RYCO Hydraulics, and Polyhouse India among.

Pressure sensitive adhesive market forecast at $16 billion by 2029

The Pressure Sensitive Adhesives Market is projected to grow from USD 13.8 billion in 2024 to USD 16.0 billion by 2029, at a CAGR of 3.0% according to Markets and Markets. The key players in the pressure sensitive adhesives market include Henkel AG & Co. KGaA (Germany), Dow (US), Avery Dennison Corporation (US), H.B. Fuller (US), 3M (US), Arkema S.A. (France), Sika AG (Switzerland), Scapa Group PLC (UK), and Wacker Chemie AG (Germany).

Rubber coatings market forecast at $13 billion by 2033

The global rubber coatings market was estimated to reach a valuation of USD 6.8 Billion in the year 2022. With a steady CAGR of 6.2% from 2023 to 2033, this market is expected to reach USD 7.2 Billion by 2023 and USD 13.14 Billion by 2033 according to Future Market Insights.

Silicone derivatives market forecast with a CAGR of 6.4 percent by 2032

Some prominent players in the silicone derivatives market report include Dow Inc., Wacker Chemie AG, Momentive Performance Materials Inc., Elkem Silicones, Shin-Etsu Chemical Co., Ltd., Evonik Industries AG, Gelest Inc., Innospec Inc., Sivance LLC, Milliken & Company, Emerald Performance Materials, and Speciality Silicone Products Inc.

Natural rubber market forecast at $30 billion by 2033

The demand for natural rubber continues to rise due to its affordability, lightweight properties, and suitability for a wide range of applications. From insulating materials to tires for cars and airplanes, natural rubber remains indispensable across diverse sectors, driving its consumption to an estimated value of US$ 30,914.3 million by the end of 2033.

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Liquid silicone rubber industry forecast to reach $10 billion by 2033

The liquid silicone rubber industry is expected to hold a valuation of US$ 6.9 billion in 2023. The market is expected to witness a 3.9% from 2023 to 2033. By 2033, the value is expected to cross US$ 10.1 billion according to Future Market Insights.

Tackifiers market forecast at $32 billion by 2032

t a compound annual growth rate (CAGR) of 2.7% from 2022 to 2032, the global tackifier market was estimated to be worth USD 22.10 billion in 2022. By 2032, the market is projected to grow to USD 32.03 billion, according to Adroit Market Research. Tackifiers play a vital role in various industries by enhancing the adhesive properties of polymers and adhesives, thus facilitating better adhesion to surfaces. They come in natural or synthetic forms, such as liquids, resins, or powders, and help in increasing the stickiness or “tack” of the materials.

Performance elastomer market forecast at $41 billion by 2034

The performance elastomer market is estimated to be worth US$ 19.8 billion in 2024 and is projected to be valued at US$ 41 billion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 7.6% according to Future Market Insights.

Thermoplastic polyester elastomer market forecast at $542 billion by 2036

As of 2023, the TPEE market is worth more than $292 billion worldwide and is anticipated to grow in the following years. Globally, the dominant market is the Asia Pacific with China at the forefront. The latter obtains the most significant share owing to the great performance of the local automobile and electronics sector, which are the principal TPEE customers. The thermoplastic polyester elastomer market share would generate revenue of USD 542 Billion by 2036 end and grow at a CAGR of 6% from 2024 to 2036 according to Research Nester

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Liquid silicone rubber market forecast at $3.92 billion by 2030

Leading the Liquid Silicone Rubber Market are top industry players such as Dow Inc., Wacker Chemie AG, Shin-Etsu Chemical Co., Momentive Performance Materials Inc., Elkem AS, NuSil Technology LLC, KCC Corporation, Stockwell Elastomerics Inc., Reiss Manufacturing Inc., and SIMTEC Silicone Parts LLC. These key companies play a significant role in advancing liquid silicone rubber products through their impactful contributions and innovative practices.

Indian Rubber Board reports growing demand for imported rubber

According to the study, India consumes more rubber than it produces. The country consumed 1,238,000 tons of natural rubber in 2021/22, an increase from 1,096,410 tons consumed in 2020/21, and 1,350,000 tons in 2022/23.

India has been importing natural rubber from various countries to meet the market demand. India imported 528,677 tons of natural rubber in 2023 alone. Statistics show that 546,369 tons in 2022, 410,478 tons in 2021 and 457,223 tons of natural rubber were imported in 2020.

Global green tire industry forecast with a CAGR of 8.7 percent through 2031

According to the recent report published by Allied Market Research, the global green tire industry is anticipated to display a noteworthy CAGR of 8.7% from 2022 to 2031. Green tires, modified to integrate silica into their composition, are designed to reduce rolling resistance for an environment-friendly future sustained long-term while enhancing energy efficiency and safety. The addition of silica to tire materials improves performance, reduces greenhouse gas emissions, and promotes sustainable mobility. This contrasts with traditional tire materials such as styrene-butadiene rubbers, semi-aromatic polyamides, and polycyclic aromatic hydrocarbons. The increase in accessibility of automotive sector toward green tires drives the growth of the global green tire industry, supported by strict government regulations and rising consumer awareness of environmental impacts.

Global nitrile gloves market forecast at $70.7 billion by 2034

The global nitrile gloves market is expected to reach US$ 8,617.2 million in 2024. The market is projected to surge at a CAGR of 23.4% in the forecast period of 2024–2034. It is estimated to attain a valuation of US$ 70,755 million by 2034 according to FACT.MR. Expanding healthcare spending, heightened importance of workplace safety, and growing knowledge of infections linked to healthcare are anticipated to propel market expansion. A wide range of personal protective equipment (PPE), including gloves, is in high demand after the COVID-19 epidemic. Healthcare workers frequently use disposable nitrile gloves to prevent contamination. Significant investments in healthcare infrastructure are anticipated from the government following the COVID-19 pandemic, which is expected to boost the nitrile gloves market growth. Healthcare facilities across key emerging nations are predicted to expand significantly due to rising governmental and private sector investments.

Current market study forecasts annual growth of 17 percent for bio-based polymers through 2028

Hürth, Germany – The year 2023 was a promising year for bio-based polymers: PLA capacities have been increased by almost

Global industrial rubber market forecast at $106 billion by 2032

The global industrial rubber market shows that sales have reached US$ 57.2 Bn in 2022 and are projected to register a growth rate of 6.4% to climb to a market value of $106.4 Bn by the end of 2032 as per the research of Persistence Market Research. East Asia is anticipated to remain the most prominent regional market for industrial rubber suppliers.

Dimethyldichlorosilane market forecast at $2.4 billion by 2032

The dimethyldichlorosilane market is expected to expand its roots at a promising CAGR of 4.8% during the forecast period. The global market holds an estimated revenue of US$ 1.19 Billion in 2022 and is likely to cross US$ 2.48 Billion by the end of 2032.

Global silicone market forecast at $35 billion by 2032

The global Silicone market witnessed a CAGR of 6.3% during the historic with a market value of US$ 17.3 Million in 2021. However, as per the current estimates by FMI, the forecast growth outlook for Silicone is to remain around 6.8% from 2022 to 2032. This growth in demand is attributed to the growth in various end-use industries. The rise in demand for Silicone from the healthcare industry, automotive industry, and renewable energy sectors is expected to bolster the market growth in the projection period.