Market Reports

European pyrolysis oil market forecast with a CAGR of 5.5 percent through 2032

Global demand for rubber derived unrefined pyrolysis oil market is anticipated to witness a CAGR of 5.5% in Europe market, opines Future Market Insights (FMI). Increase in government initiatives to decrease the utilization of crude oil derived products to reduce the carbon footprint is expected to drive the market.

Global automotive off-road hoses market forecast with a CAGR of 5.4 percent

As per Fact.MR’s analysis, the global automotive and off-road vehicle hoses market is expected to expand steadily at a CAGR of around 5.4% from 2021 to 2031.Growing number of on-road vehicles with rise in demand for passenger cars, increase in material advancements by manufacturers, and rising number of manufacturing facilities, distributors, and suppliers in countries such as China, India, and the U.S. are driving demand for automotive and off-road vehicle hoses. Increasing demand for two wheelers and three wheelers in countries such as China and India is also accelerating market growth.

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USTMA predicts lower shipments for U.S. tire market

The U.S. Tire Manufacturers Association (USTMA) projects total U.S. tire shipments of 334.8 million units in 2022, compared to 335.2 million units in 2021 and 332.7 million units in 2019.

Silicone elastomers market forecast at $15.2 billion by 2032

The silicone elastomers market size is expected to reach USD 15.29 billion by 2032, growing at a 10.3% CAGR from USD 5.74 billion in 2022 according to Future Market Insights.

Global performance elastomer market forecast at $31.6 billion by 2031

Performance elastomers are polymers composed of long chains of atoms, primarily hydrogen, oxygen, and carbon, and consisting of
repeating units of a single monomer or numerous monomers. In comparison to other materials, elastomer has increased pressure, poor
intermolecular strength, and a low modulus of elasticity. They are potentially the most adaptable material due to their ability to revert to
their original shape when the forces producing deformation are eliminated. Engineering materials performance elastomers are
remarkably flexible.

Global medical tubing market forecast at $19.5 billion by 2030

The global medical tubing market size is expected to reach USD 19.50 billion by 2030. The market is expected to expand at a CAGR of 5.7% from 2022 to 2030. The rising respiratory diseases such as pulmonary fibrosis, asthma, and lung cancer are expected to increase the demand for medical tubing as it is a significant component of respiratory devices such as ventilators that facilitate breathing.

Global synthetic rubber market forecast at $56 billion by 2028

Global synthetic rubber market is valued at USD 39.3 billion in 2021 and is projected to reach a value of USD 56.0 Billion by 2028 at a CAGR (Compound Annual Growth Rate) of 6.10% over the forecast period 2022-2028 according to Vantage Market Research.

Global rubber gloves market forecast at $16.4 billion by 2028

The Global Rubber Gloves Market size is expected to reach $16.4 billion by 2028, rising at a market growth of 3.5% CAGR during the forecast period according to ReportLinker.

Global zinc oxide market forecast at $ 7.3 billion by 2032

The global zinc oxide market is projected to reach US$ 7.3 Bn by 2032, with sales growing at a 6.4% CAGR over the assessment period of 2022 and 2032 according to Future Market Insights. Increasing demand for zinc oxide in the rubber industry owing to the growth in the automotive sector is expected to remain a key driving factor.

Rubber derived unrefined pyrolysis oil market forecast with a CAGR of 5.5 percent through 2032

Global demand for rubber derived unrefined pyrolysis oil market is anticipated to witness a CAGR of 5.5% in Europe market, predicts Future Market Insights (FMI). Increase in government initiatives to decrease the utilization of crude oil derived products to reduce the carbon footprint is expected to drive the market.

The global biopolymers and bioplastics market forecast with a CAGR of 22.8 percent througg 2030

The global bioplastics & biopolymers market was valued at USD 10.81 billion in 2021 and is expected to grow at a CAGR of 22.8% during the forecast period according to Polaris Market Research. Bioplastics can be biobased, biodegradable, or both. Biobased plastics are obtained partly from biomass such as corn, sugarcane, or cellulose. Biodegradable bioplastics possess the ability to readily break down into biomass through bacteria and enzymes. As compared to traditional plastics, these break down naturally at a higher pace, reducing the impact on the environment.

Carbon black market forecast at $22.1 billion by 2028

The key players are Aditya Birla, Cabot Corporation, Orion Engineered Carbonss, Black Cat Carbon Black, China Synthetic Rubber Corporation (CSRC), Tokai Carbon Co., Ltd., Omsk, Phillips Carbon Black Limited, Sid Richardson, Longxing Chemical, HUADONG RUBBER MATERIAL, BAOHUA, JINNENG, DAGUANGMING GROUP etc. Top 3 companies occupied about 44% market share.

Silicone makeup sponge market is anticipated to register a CAGR of 7 percent through 2032

The silicone makeup sponge market is anticipated to register a CAGR of 7% during the forecast period, up from US$ 638.58 Mn in 2022 to reach a valuation of US$ 1256.19 Mn by 2032 according to Future Market Insights.

Global in-mold coatings market to reach $273.8 million by 2027

Reportlinker.com announces the release of the report Global In-Mold Coatings Industry. In the changed post COVID-19 business landscape, the global market for In-Mold Coatings estimated at US$196.9 Million in the year 2020, is projected to reach a revised size of US$273.8 Million by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027. Sheet Molding Compounds, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$120.5 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Thermoplastics segment is readjusted to a revised 4.3% CAGR for the next 7-year period.

Thermoplastic elastomer market forecast at 27 billion by 2031

Soft and flexible, yet easy and inexpensive to process: Thermoplastic elastomers (TPE) are elastic like rubber at room temperature, but can be melted and repeatedly molded like standard plastics. “Thermoplastic elastomers offer high strength and are robust; they can be welded watertight and colored in a variety of ways. In principle, TPEs can also be recycled,” explains Oliver Kutsch, CEO of the market research institute Ceresana: “These innovative materials are conquering more and more application areas. TPEs are also interesting because components can be made from renewable raw materials or combined with bioplastics.” This is the fourth time Ceresana has analyzed the global market for thermoplastic elastomers: By 2031, revenues generated with TPEs are expected to increase to almost USD 27 billion. However, growth will be driven not only by increasing demand, but also by price inflation.

Butyl rubber market forecast at $5.9 billion by 2028

The Butyl Rubber Market is valued at USD 3.98 Billion in 2021 and expected to reach USD 5.91 Billion by 2028 with a CAGR of 5.8% over the forecast period according to the latest report from Brandessence Market Reseach

Global perfluoroelastomer (FFKM) market forecast at $467 million by 2028

Perfluoroelastomer (FFKM) for Semiconductors is expected to grow from an anticipated USD 206.7 million in 2021 to a revised size of USD 206.7 million by 2028, expanding at a CAGR of 4.9% throughout the study period due to the COVID-19 pandemic. Perfluoroelastomer (FFKM) for Semiconductors, which accounted for (%) of the global market in 2021, is expected to value USD million by 2028, rising at a revised (%) CAGR in the post-COVID-19 era, taking into account the full impact of this health crisis on the economy. In contrast, the CAGR for the by Type category has been adjusted downward from (%) to (%) for the duration of the forecast horizon.

Medical grade silicone market valued at $2 billion by 2030

Growing preference towards enhancing appearance using minimally invasive cosmetic procedures has increased the usage of compounds such as silicone. Silicone can be converted into various topical forms. It can be applied on the skin as a gel or ointment and as gel sheeting. Medical-grade silicone is comfortable and soft to use. These polymers are also biocompatible, and their inertness makes them safer for use in long-term implants, thus increasing product acceptance.

Global automotive hoses market forecast with a CAGR of 5.4% through 2031

Growing number of on-road vehicles with rise in demand for passenger cars, increase in material advancements by manufacturers, and rising number of manufacturing facilities, distributors, and suppliers in countries such as China, India, and the U.S. are driving demand for automotive and off-road vehicle hoses. Increasing demand for two wheelers and three wheelers in countries such as China and India is also accelerating market growth.

Tire pressure monitoring system market forecast at $7.7 billion by 2032

The tire pressure monitoring system market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 Bn by 2032 according to Future Market Insights.

Global styrene butadiene rubber SBR market forecast at $44.3 billion by 2026

he global styrene butadiene rubber (sbr) market is expected to grow from $33.52 billion in 2021 to $35.59 billion in 2022 at a compound annual growth rate (CAGR) of 6.2%. The market is expected to grow to $44.31 billion in 2026 at a CAGR of 5.6% according to Research and Markets.

Rubber tape market forecast at $1.4 billion by 2032

In 2022, the market for rubber tapes is anticipated to generate US$ 914.3 Mn. Market valuation is anticipated to reach US$ 1.4 Bn in 2032, with sales increasing at a 4.4% CAGR. According to Future Market Insights, ethylene polypropylene rubber tapes will become the most popular product types on the worldwide rubber tapes market. Over the evaluation period, ethylene polypropylene rubber tape sales are anticipated to increase overall by 1.6 times.

silicone

Global silicone fluids market forecast at $9.7 billion by 2032

Global silicone fluids consumption is expected to be valued at US$ 5.4 billion in 2022, rising at a CAGR of 6.03% to US$ 9.7 billion between 2022 and 2032. The market is expected to grow due to rising personal care industry demand and technological advances in the United States.

Global silicone release liners market forecast at $1.5 billion by 2031

Future Market Insights estimates the global silicone release liners market to grow at 8.1% CAGR during the period 2021-31. The market has been forecast to offer an incremental opportunity of US$ 1.5 Bn in the span of next 10 years.

Polymer 3D printing market forecast at $21.1 billion in 2033, Says IDTechEx

IDTechEx’s new report, “Polymer Additive Manufacturing 2023-2033: Technology and Market Outlook”, finds that polymer 3D printing is moving beyond prototyping to high-value adoption by end-users, which will propel its growth to US$21.1 billion in 2033.

Self-fusing silicone tapes market forecast at $1.1 billion by 2032

The market for self-fusing silicone tapes is anticipated to reach USD 1,106 million by 2032 at a CAGR of 4.2% from USD 736 million in 2022 according to Future Market Insights.

Global agricultural tire market forecast at $10.4 billion by 2030

Agriculture tires, as the name implies are dedicated to complete farm or agriculture use. These tires have diagonal thread angled at 45 degrees. The treads provide maximum traction thereby allowing the tractor to move quickly through mud and soil. These are available in various sizes and diameter, for many kinds of equipment, including tractors, combine harvesters, sprayers, trailers, and skid steer loaders. These are made from supreme quality rubber for life long and better performance to remain durable on and off the field. They have substantial ribs and voids for traction in soft terrain. These tires have increased fuel efficiencies and hillside stability. Some tires have diamond tread design for minimal soil disruption.

Chlorinated polyethylene resins and elastomer market forecast at $1.29 billion by 2032

The chlorinated polyethylene resins and elastomers market is anticipated to generate US$ 600 million by 2022 and US$ 1,297 million by 2032, growing at a CAGR of 8% according to Future Market Insights.

Synthetic rubber market forecast at $28.9 billion by 2027

The Synthetic Rubber Market size is estimated to be USD 23.0 billion in 2022 and is projected to reach USD 28.9 billion by 2027, at a CAGR of 4.6% between 2022 and 2027, as per the recent study published by MarketsandMarkets™. Tire is the major application segment for synthetic rubber market. The recovery of automotive sector in the across the world is driving the synthetic rubber market during the forecast period. Moreover, the development of eco-friendly technologies for production of synthetic rubber and growing demand for electric & hybrid vehicles are new opportunities in synthetic rubber market.

Global thermoplastic elastomer market forecast with a CAGR of 7.2 percent by 2030

The global thermoplastic elastomer market size was valued at USD 21.45 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.2% from 2022 to 2030 according to Grand View Research. Increasing consumption across various applications such as automotive, electrical and electronics, industrial, medical, and consumer goods has been instrumental in the global industry growth over the last few years. Increasing demand in automotive component manufacturing is expected to be a major factor driving the global industry over the forecast period. Regulatory intervention by environmental agencies aimed at carbon emission reduction through an increase in fuel efficiency has forced major automotive OEMs to incorporate plastics as a substitute for metals and alloys in automotive components.

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