#Automotive Rubber Molded Components Market Size

[diecastgems]

Exploring the Timeless Appeal of Dinky Toys Collectibles

Many investors, besides stock and bond investments, have been seeking additional paths for portfolio growth. Investments in fine art and classic cars give an opportunity to invest in history and culture itself. Or, an example would be Dinky Toys, diecast model vehicles that came from Britain between 1934 and 1979, which collectors tend to be very fond of now.

Besides, because of their common conservative plans, superb craftsmanship, and relationship with popular brands, Dinky Toys has obtained a colossal client base and high venture esteem despite the fact that they have quit making them.

The Timeless Allure of Dinky Toys

Dinky Toys entered the global market in 1934 and gained immense popularity from the 1930s until the 1950s Children and collectors can have miniature versions of such famous automobiles as sports cars, military vehicles, commercial trucks, and even aircraft by means of their diecast models, which are about palm-sized in dimension. During the 20th century, Dinky Toys imitated the modern world of transportation, modeled after realistic modern new cars and known brands as others.

Nevertheless, the Dinky Toys retained a strong nostalgic appeal even after production ceased. Collectors of Dinky Toys consider vintage Dinky Toys important for their unique part in automotive history today. The more antique and obscure an old toy, the more valuable it usually seems. Nearly mint-condition vintage boxed toys made by Dinky Toys in the 1930s and 1940s can command thousands at auctions.

What Makes “Dinky Toys for Investment” A Choice?

Several factors make Dinky Toys for investment particularly attractive as an alternative investment:

Strong brand recognition and history add to collectibility

High-quality materials and craftsmanship maintaining condition

Limited production numbers on earlier models

Prices are rising steadily in the collector market

Global enthusiast base driving demand at auctions

For investors, Dinky Toys offers a chance to own coveted pieces of history that generate returns over time. The toys tap into nostalgia among adult collectors while also introducing new generations to the Dinky brand.

Notable Features and Variations of Dinky Toys

Dinky Toys captures the evolution of diecast toy vehicles through decades of production runs:

Cast from zinc and copper alloys with diecast molds

Rubber tires, plastic wheels, and glass or plastic components

Intricate logos, trim details, and working features on models

Variations in packaging - cardboard boxes, plastic bubbles, baggies

Different model types like cars, trucks, buses, military vehicles and more

Condition Is Key When Buying Dinky Toys for Sale

When evaluating Dinky Toys for sale, the condition is the most important factor influencing value. Mint condition, original boxes, and packaging can mean price differences of thousands of dollars.

Examine carefully for chips, scratches, wear, rust, and completeness

Original boxes raise value exponentially, even if damaged

Restoration lowers value - collectors want untouched examples

Working features like doors increase collectability

Popular and Valuable Dinky Toy Models

Certain Dinky Toy models are more prized by collectors today, including:

Rare car models like the Le Mans 24-hour race vehicles

Vintage commercial vehicles like the Dinky Super toys Foden Flat Truck

Unusual models like the Dinky Toys Armoured Car

Popular brands like the Dinky Toys Ford Thunderbird, Jaguar XK120, and Volkswagen Beetle

Strategies for Collecting and Investment

For Alternative Investment Dinky Toys for Sale investors focused on long-term returns, the key strategy is holding early, low-production Dinky Toys in great condition. Those with time and passion for collecting can also consider buying common, lower-value Dinky Toy models to flip for profit in the active hobbyist market. And be sure to handle all vintage toys with care to avoid lowering their investment value through damage.

Dinky Toys Offers a Nostalgic Investment Opportunity

For more than 80 years now, Dinky Toys have largely remained collectibles because of their rich history, meticulous craftsmanship, excellent design, and strong emotional attachment to them. The space occupied by Dinky Toys in its toy-making history has ensured that Dinky Toys for Sale will continue to draw collectors and investors. Patience is taken together with care to amass this batch of miniature cars to be enjoyed as it appreciates over the years. The history can be within the palm of your hand for enthusiasts of Dinky Toys.

Read More - https://diecastgems.com/product-category/dinky-toys/

[industrynewsupdates]

Rubber Process Oil Market Opportunity, Driving Factors And Highlights of The Market

The global rubber process oil market size was estimated at USD 2.19 billion in 2023 and is projected to grow at a CAGR of 4.3% in terms of revenue from 2024 to 2030. The global product demand is increasing due to its critical role in the manufacturing of various products, including tires, footwear, and industrial goods.

This surge is driven by the growing automotive industry, particularly in emerging markets, where vehicle production and ownership are rising rapidly. In addition, the expanding infrastructure and construction sectors are boosting the need for rubber-based materials. Furthermore, advancements in rubber processing technology and the shift towards environmentally friendly and sustainable products are propelling the demand for high-quality, non-toxic products. These oils enhance the performance, durability, and longevity of products, making them indispensable in both industrial and consumer applications.

Rubber process oils are essential additives used in the production of rubber compounds. These oils are derived from petroleum and are integrated into the manufacturing process to enhance the properties of the final product. They act as plasticizers, making the rubber softer and more pliable, which is crucial during the mixing and molding stages. Depending on their formulation, these products can be categorized into three main types: paraffinic, naphthenic, and aromatic, each offering distinct properties suited for different applications.

Gather more insights about the market drivers, restrains and growth of the Rubber Process Oil Market

Key Rubber Process Oil Company Insights

Some of the key players operating in the global rubber process oil market include Shell Plc, Chevron USA Inc., H&R GROUP, and Sunoco Lubricants, among others.

• Shell Plc, a global leader in energy and petrochemicals, has a robust portfolio of rubber process oils designed to meet the diverse needs of the end-use industry. Their product line includes high-quality paraffinic, naphthenic, and aromatic oils, known for their excellent solvency, stability, and performance characteristics. Shell's rubber process oils are engineered to enhance the processing efficiency, elasticity, and durability, making them suitable for a wide range of applications including tires, industrial goods, and consumer products. The company's commitment to sustainability and innovation drives the development of eco-friendly formulations that comply with stringent environmental regulations, ensuring that their products meet the evolving demands of the global market.

• Chevron is a prominent player in the global oil and gas industry, offering a comprehensive range of rubber process oils tailored for various manufacturing processes. Chevron's product portfolio includes premium paraffinic and naphthenic oils that are highly valued for their superior performance in enhancing flexibility, durability, and processing efficiency. These oils are widely used in the production of tires, footwear, and industrial products. Chevron's focus on research and development ensures that their products not only meet industry standards but also address the growing demand for environmentally friendly and sustainable solutions, reinforcing their position as a trusted supplier in the overall industry.

• H&R GROUP is a leading specialty chemical company with a strong presence in the rubber process oil market. The company offers a diverse range of high-quality aromatic, naphthenic, and paraffinic products designed to improve the performance, processability, and longevity of rubber products. H&R's oils are utilized in various applications including tire manufacturing, wire and cable coverings, and automotive components. The company's dedication to innovation and sustainability is reflected in its development of eco-friendly and low-aromatic content oils that meet global environmental standards. H&R GROUP's extensive expertise and commitment to quality make it a preferred supplier for manufacturers seeking reliable and efficient process oil solutions.

Recent Developments

• In February 2024, Nordmann announced expansion of its distribution agreement with Ergon International, the world’s largest manufacturer of naphthenic process and base oils.

• In January 2022, Safic-Alcan, a global speciality chemicals distributor, announced partnership agreement with Repsol. This agreement pertains to the Rubber industries in Belgium, Germany, Greece, Italy, Luxembourg, the Netherlands, Poland, Romania, Russia, South Africa, Sweden, Denmark, Norway, and Finland.

• In March 2019, Nynas AB introduced its newest biobased rubber process oil.

Global Rubber Process Oil Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global rubber process oil market report based on material product, application, and region.

Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Aromatic

• Paraffinic

• Naphthenic

• Other Products (If Any)

Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Tyre

• Footwear

• Wire & Cable Covering

• Flooring Materials

• Paints & Coatings

• Adhesive & Sealants

• Other Applications (If Any)

Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o UK

o France

o Italy

o Spain

• Asia Pacific

o China

o India

o Japan

o South Korea

o Malaysia

o Indonesia

o Vietnam

o Indonesia

o Thailand

• Central & South America

o Brazil

o Argentina

• Middle East and Africa

• Saudi Arabia

• South Africa

Order a free sample PDF of the Rubber Process Oil Market Intelligence Study, published by Grand View Research.

[kennwurubber]

Rubber Engineering Factory in Malaysia: A Hub of Quality and Innovation

When it comes to the world of rubber manufacturing, KENNWU, a premier Rubber Engineering Factory in Malaysia, stands out as a trusted name in the industry. With years of expertise, advanced technology, and a commitment to excellence, KENNWU has carved a niche for itself, providing high-quality rubber components tailored to various industries.

Why Choose Malaysia for Rubber Engineering?

Malaysia is globally recognized as one of the largest producers of natural rubber. Its robust infrastructure and access to raw materials make it an ideal hub for rubber engineering factories. KENNWU leverages this strategic advantage to provide cost-effective and high-performing rubber products for local and international markets.

KENNWU: Leading the Rubber Engineering Industry

At KENNWU, we specialize in the manufacturing and engineering of precision rubber components. Our expertise spans across various industries, including automotive, construction, healthcare, and electronics. As a leading Rubber Engineering Factory in Malaysia, we ensure every product meets stringent quality standards.

State-of-the-Art Facilities

Our factory is equipped with cutting-edge machinery and technology, enabling us to produce a diverse range of rubber products. Whether it’s custom molds or high-volume production, our facilities are designed to handle projects of any size and complexity.

Comprehensive Rubber Solutions

KENNWU offers a wide array of services, making us a one-stop solution for all rubber engineering needs:

Custom Rubber Molding: Tailored solutions for unique industrial requirements.

Rubber Extrusion: High-precision components for various applications.

Rubber-to-Metal Bonding: Advanced techniques for enhanced durability.

Material Development: Innovative formulations to meet specific performance criteria.

Sustainability and Eco-Friendly Practices

At KENNWU, we take our environmental responsibilities seriously. As a forward-thinking Rubber Engineering Factory in Malaysia, we incorporate eco-friendly practices into our manufacturing processes. From reducing waste to using sustainable materials, we are committed to minimizing our ecological footprint.

Industries We Serve

Our products cater to a wide range of industries, showcasing the versatility and quality of our rubber engineering expertise:

Automotive: Rubber gaskets, seals, and vibration dampeners.

Healthcare: Medical-grade rubber components.

Electronics: Insulation and protective materials.

Construction: Durable and weather-resistant rubber solutions.

Commitment to Quality

KENNWU takes pride in delivering products that exceed customer expectations. Our quality assurance team ensures that each product undergoes rigorous testing, guaranteeing reliability and performance. As a trusted Rubber Engineering Factory in Malaysia, we adhere to international standards, making us a preferred partner for clients worldwide.

Partner with KENNWU Today

If you’re looking for a dependable Rubber Engineering Factory in Malaysia, KENNWU is your go-to solution. With a proven track record, state-of-the-art facilities, and an unwavering commitment to quality, we are equipped to handle all your rubber manufacturing needs.

[chemicalsindustry]

Silicone Elastomers Market Top Manufacturing Industry Revenue Size & Share Outlook

The silicone elastomers market is estimated to grow from USD 8.6 billion in 2024 to USD 12.3 billion by 2029, at a CAGR of 7.4% in terms of value. The rising infrastructure development in developing economies, and aesthetically appealing healthcare devices in the medical industry serve as a significant driver for silicone elastomers market. This scenario presents a unique opportunity for the industry to focus on the development of silicone elastomers, which not only meets consumer demands but also aligns with sustainability goals. However, complex maufacturing process act as restraint, emphasizing the urgent need for eco-friendly alternatives in the silicone elastomers market.

Download PDF Brochure at https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6310524

Based on type, the silicone elastomers market is segmented as high temperature vulcanized, room temperature vulcanized, and liquid silicone rubber. High temperature vulcanization stands out as the largest segment in terms of value, globally. The dominance of the high-temperature vulcanized (HTV) segment in the silicone elastomers market is attributed to its exceptional heat resistance, rendering it optimal for challenging environments like automotive & transportation, and industrial sectors. High-temperature vulcanized silicone elastomers offer superior thermal stability, flexibility, and durability, driving extensive adoption in high-performance and extreme-temperature applications, thereby consolidating their leadership position in the market. Furthermore, the liquid silicone rubber segment is forecasted to exhibit the highest CAGR in terms of value during the forecast year 2024 and 2029.

Based on process, the silicone elastomers market is segmented as extrusion, liquid injection molding, injection molding, compression molding, and others. Liquid injection molding stands out as the largest segment in terms of value, globally. The Liquid Injection Molding (LIM) process has secured dominance in the silicone elastomers market by offering unparalleled precision and efficiency in manufacturing intricate components. Its capability to produce high-quality, customized products consistently aligns with the stringent demands of industries like healthcare, electrical & electronics, and automotive & transportation, reinforcing its position as the preferred choice and market leader.

Based on end-use industry, the silicone elastomers market has been categorized into various segments including building & construction, foams, automotive & transportation, electrical & electronics, healthcare, consumer goods, and others. Notably, the electrical & electronics segment emerged as the market leader in 2023. The rapid advancements in technology, driving increased demand for smart devices and sustainable energy solutions. The sector's innovation, such as 5G integration, AI applications, and electric vehicles, played a pivotal role. Growing consumer preferences for smart homes and IoT-connected devices further fueled the industry's dominance. Furthermore, the healthcare segment is forecasted to exhibit the highest CAGR in terms of value during the forecast year 2024 and 2029.

Based on region, the silicone elastomers market has been categorized into five regions including North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific stands out as the fastest growing market for silicone elastomers in terms of value during the forecast year 2024 and 2029. Asia Pacific 's dominance in the silicone elastomers market has been largely driven by technological innovation. The region is home to research and development centers as well as a bustling startup and innovation community that is concentrated on sustainable solutions. The market for silicone elastomers grew due to the growth in manufacturing industries in the region, leading to a substantial expansion of the silicone elastomers market in the Asia Pacific.

Request For FREE Sample of Report at https://www.marketsandmarkets.com/requestsampleNew.asp?id=6310524

The key players in this market are Dow Inc. (US), Wacker Chemie AG (Germany), Momentive Performance Materials Inc. (US), Shin-Etsu Chemical Co., Ltd. (Japan), China National Bluestar (Group) co. Ltd. (China), Reiss Manufacturing Inc. (US), Mesgo S.p.A (Germany), Cabot Corporation (US), Rogers Corporation (US), and DuPont de Nemours, Inc. (US). They have implemented strategies such as new product launches and acquisitions to enhance their competitors.

[global-research-report]

Automotive NVH Materials: Boosting Vehicle Quality and Passenger Experience

Automotive NVH Materials Industry Overview

The global automotive noise, vibration & harshness (NVH) materials market size is expected to reach USD 15.16 billion by 2030, registering at a CAGR of 5.6% from 2023 to 2030, according to a new report by Grand View Research, Inc. Globally increasing automobile production has been a major factor driving market growth. The use of noise & vibration-absorbing and damping products in automobiles helps improve the overall ride quality, comfort, performance, and safety of the vehicle.

The growth in population and urbanization have resulted in increased demand for passenger cars and commercial vehicles thereby increasing the pressure on the automotive sector worldwide. The increasing demand for comfort and NVH reduction in vehicles are expected to drive market growth during the forecast period.

Growing awareness regarding the advantages of NVH reduction and acoustic management in vehicles has also led to the increased utilization of NVH materials in automobiles. In addition, the shifting consumer preferences towards comfort, and ride experience in passenger cars is expected to propel the demand for the product over the coming years.

Gather more insights about the market drivers, restrains and growth of the Automotive Nvh Materials Market

Foam laminates were the largest product category in 2022 and are expected to maintain a relatively high growth rate over the forecast period. The molded foam product category is expected to witness relatively low growth of 4.4% over the coming years, owing to its limited application scope in vehicles.

NVH materials in HCVs are expected to observe the fastest growth over the next coming years at an estimated CAGR of over 7.2% from 2023 to 2030. The increasing use of heavy-duty trucks in the logistics & transportation industry, for the transportation of heavy commodities over medium and long distances, propels the demand for HCVs. In addition, the presence of stringent regulations concerning vehicle safety, in terms of vehicle weight and safety standards, is expected to boost the demand for lightweight products in HCVs over the forecast period.

Browse through Grand View Research's Advanced Interior Materials Industry Research Reports.

The global silicon carbide fibers market size was valued at USD 1.20 billion in 2024 and is projected to grow at a CAGR of 28.1% from 2025 to 2030. 

The global aluminum composite panel market size was estimated at USD 6.47 billion in 2024 and is expected to grow at a CAGR of 7.0% from 2025 to 2030. 

Automotive NVH Materials Market Segmentation

Grand View Research has segmented the global automotive noise, vibration & harshness materials market based on product, application, end-use, and region:

Automotive NVH Materials Product Outlook (Revenue, USD Million, 2018 - 2030)

Molded Rubber

Metal Laminates

Foam Laminates

Film Laminates

Molded Foam

Engineering resins

Automotive NVH Materials Application Outlook (Revenue, USD Million, 2018 - 2030)

Absorption

Damping

Automotive NVH Materials End-Use Outlook (Revenue, USD Million, 2018 - 2030)

Cars

LCVs

HCVs

Automotive NVH Materials Regional Outlook (Revenue, USD Million, 2018 - 2030)

North America

US

Europe

Germany

UK

Asia Pacific

China

India

Japan

Central & South America

Brazil

Rest of the World

Key Companies profiled:

Creative Foam Corporation

BRC Rubber & Plastics Inc.

Wolverine Advanced Materials

ElringKlinger AG

Hoosier Gasket Corporation

Industry Products Co.

Interface Performance Materials

Hematite

Plastomer Corporation

Rogers Foam Corporation

Swift Components Corp

Unique Fabricating Inc.

Avery Dennison

KKT Holding GmbH

Nicholson Sealing Technologies Ltd.

KOPP GmbH & Co. KG

Janesville Acoustics

Order a free sample PDF of the Automotive NVH Materials Market Intelligence Study, published by Grand View Research.

[latestmarketresearchnews]

Automotive NVH Materials Market 2030 - In-Depth Analysis on Size, Trends & Prominent Key Players

The global market for automotive noise, vibration, and harshness (NVH) materials was estimated at USD 9.84 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. One of the primary drivers of growth in the NVH materials market is the increased global production and use of heavy commercial vehicles across various end-use industries. These vehicles generate noise and vibrations due to both structure-borne and airborne sources, which can diminish passenger comfort and reduce vehicle longevity. Automotive NVH materials help to mitigate these issues, enhancing ride quality and overall passenger experience. This has created a strong demand for NVH materials in the automotive industry as manufacturers strive to improve the comfort and durability of their vehicles.

The focus on managing acoustic properties, vibration, and harshness in both passenger and commercial vehicles has increased among automotive manufacturers. This focus on NVH control is essential not only for enhancing passenger comfort but also for improving fuel economy and cabin sound levels, which boosts the durability of vehicle components. Changes in consumer preferences toward vehicles with better acoustic management and comfort are expected to further drive the demand for NVH materials in the automotive industry. Additionally, the increasing adoption of active noise control systems in cars, which cater to consumer demands for quieter and safer rides, along with evolving regulatory standards, are further fueling growth in the automotive NVH materials market.

The value chain in the NVH materials market includes suppliers of raw materials, manufacturers, converters, distributors, and end-users. Converters play a pivotal role, transforming raw materials into final products such as foam laminates and molded rubber components that reduce noise and vibration. Manufacturers may either sell NVH materials directly to consumers through their own brands or supply them to third-party distributors and dealers.

Gather more insights about the market drivers, restrains and growth of the Automotive NVH Materials Market

Regional Insights:

Asia Pacific Automotive NVH Materials Market Trends

Asia Pacific dominated the automotive NVH materials market in 2022, accounting for about 47% of total market revenue. Emerging economies in the region, including India, China, and Indonesia, have witnessed rapid economic growth, driven by industrialization, urbanization, and population growth. As living standards in these countries rise, the demand for enhanced ride quality, comfort, and safety in vehicles has increased. Growing disposable incomes have led to a preference for vehicles that offer better acoustic insulation and overall comfort, spurring demand for NVH materials in the region.

China

China, the world's largest automobile producer, has experienced significant urbanization and industrial growth, fueling a demand for personal vehicles. The trend of rural-to-urban migration in China, coupled with higher disposable incomes, has bolstered the demand for passenger cars, which in turn drives the demand for automotive NVH materials.

North America Automotive NVH Materials Market Trends

In North America, the automotive industry saw a production increase of about 5% over recent years. The region benefits from the presence of key domestic automotive manufacturers, which are influenced by strict fuel economy regulations. These regulations necessitate the use of NVH materials to optimize vehicle performance. North America’s abundant supply of raw materials, such as engineering plastics and rubber, further supports the growth of the NVH materials market.

Browse through Grand View Research's Category Advanced Interior Materials Industry Research Reports.

The global machine tools market size was estimated at USD 97,927.5 million in 2024 and is and is projected to grow at a CAGR of 7.0% from 2025 to 2030.

The global scissor lift market size was valued at USD 3.43 billion in 2024 and is expected to grow at a CAGR of 7.1% from 2025 to 2030.

Key Companies & Market Share Insights

The global NVH materials market is highly competitive due to the presence of numerous sellers and the potential for differentiation in product types and prices. Key players in the market focus on innovation and custom application development to remain competitive. Customized materials, tailored to meet specific noise and vibration reduction requirements, are becoming a key strategy for leading companies. Additionally, mergers and acquisitions are common among industry players seeking to broaden their product portfolios and enhance NVH performance, thus securing a competitive advantage.

By investing in innovative NVH solutions and pursuing strategic acquisitions, companies aim to meet evolving customer needs while addressing regulatory requirements and market demands for quieter, safer, and more comfortable vehicles.

Key Automotive NVH Materials Companies

Creative Foam Corporation

BRC Rubber & Plastics Inc.

Wolverine Advanced Materials

ElringKlinger AG

Hoosier Gasket Corporation

Industry Products Co.

Interface Performance Materials

Hematite

Plastomer Corporation

Rogers Foam Corporation

Swift Components Corp

Unique Fabricating Inc.

Avery Dennison

KKT Holding GmbH

Nicholson Sealing Technologies Ltd.

KOPP GmbH & Co. KG

Janesville Acoustics

Order a free sample PDF of the Automotive NVH Materials Market Intelligence Study, published by Grand View Research.

[researchreportinsight]

Automotive NVH Materials Market Comprehensive Analysis and Future Estimations by 2030

The global market for automotive noise, vibration, and harshness (NVH) materials was estimated at USD 9.84 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. One of the primary drivers of growth in the NVH materials market is the increased global production and use of heavy commercial vehicles across various end-use industries. These vehicles generate noise and vibrations due to both structure-borne and airborne sources, which can diminish passenger comfort and reduce vehicle longevity. Automotive NVH materials help to mitigate these issues, enhancing ride quality and overall passenger experience. This has created a strong demand for NVH materials in the automotive industry as manufacturers strive to improve the comfort and durability of their vehicles.

The focus on managing acoustic properties, vibration, and harshness in both passenger and commercial vehicles has increased among automotive manufacturers. This focus on NVH control is essential not only for enhancing passenger comfort but also for improving fuel economy and cabin sound levels, which boosts the durability of vehicle components. Changes in consumer preferences toward vehicles with better acoustic management and comfort are expected to further drive the demand for NVH materials in the automotive industry. Additionally, the increasing adoption of active noise control systems in cars, which cater to consumer demands for quieter and safer rides, along with evolving regulatory standards, are further fueling growth in the automotive NVH materials market.

The value chain in the NVH materials market includes suppliers of raw materials, manufacturers, converters, distributors, and end-users. Converters play a pivotal role, transforming raw materials into final products such as foam laminates and molded rubber components that reduce noise and vibration. Manufacturers may either sell NVH materials directly to consumers through their own brands or supply them to third-party distributors and dealers.

Gather more insights about the market drivers, restrains and growth of the Automotive NVH Materials Market

Regional Insights:

Asia Pacific Automotive NVH Materials Market Trends

Asia Pacific dominated the automotive NVH materials market in 2022, accounting for about 47% of total market revenue. Emerging economies in the region, including India, China, and Indonesia, have witnessed rapid economic growth, driven by industrialization, urbanization, and population growth. As living standards in these countries rise, the demand for enhanced ride quality, comfort, and safety in vehicles has increased. Growing disposable incomes have led to a preference for vehicles that offer better acoustic insulation and overall comfort, spurring demand for NVH materials in the region.

China

China, the world's largest automobile producer, has experienced significant urbanization and industrial growth, fueling a demand for personal vehicles. The trend of rural-to-urban migration in China, coupled with higher disposable incomes, has bolstered the demand for passenger cars, which in turn drives the demand for automotive NVH materials.

North America Automotive NVH Materials Market Trends

In North America, the automotive industry saw a production increase of about 5% over recent years. The region benefits from the presence of key domestic automotive manufacturers, which are influenced by strict fuel economy regulations. These regulations necessitate the use of NVH materials to optimize vehicle performance. North America’s abundant supply of raw materials, such as engineering plastics and rubber, further supports the growth of the NVH materials market.

Browse through Grand View Research's Category Advanced Interior Materials Industry Research Reports.

The global machine tools market size was estimated at USD 97,927.5 million in 2024 and is and is projected to grow at a CAGR of 7.0% from 2025 to 2030.

The global scissor lift market size was valued at USD 3.43 billion in 2024 and is expected to grow at a CAGR of 7.1% from 2025 to 2030.

Key Companies & Market Share Insights

The global NVH materials market is highly competitive due to the presence of numerous sellers and the potential for differentiation in product types and prices. Key players in the market focus on innovation and custom application development to remain competitive. Customized materials, tailored to meet specific noise and vibration reduction requirements, are becoming a key strategy for leading companies. Additionally, mergers and acquisitions are common among industry players seeking to broaden their product portfolios and enhance NVH performance, thus securing a competitive advantage.

By investing in innovative NVH solutions and pursuing strategic acquisitions, companies aim to meet evolving customer needs while addressing regulatory requirements and market demands for quieter, safer, and more comfortable vehicles.

Key Automotive NVH Materials Companies

Creative Foam Corporation

BRC Rubber & Plastics Inc.

Wolverine Advanced Materials

ElringKlinger AG

Hoosier Gasket Corporation

Industry Products Co.

Interface Performance Materials

Hematite

Plastomer Corporation

Rogers Foam Corporation

Swift Components Corp

Unique Fabricating Inc.

Avery Dennison

KKT Holding GmbH

Nicholson Sealing Technologies Ltd.

KOPP GmbH & Co. KG

Janesville Acoustics

Order a free sample PDF of the Automotive NVH Materials Market Intelligence Study, published by Grand View Research.

[marketstudyreport]

Automotive NVH Materials Industry 2030 Overview, Global Industry Size, Price, Future Analysis

The global market for automotive noise, vibration, and harshness (NVH) materials was valued at approximately USD 9.84 billion in 2022, with a projected compound annual growth rate (CAGR) of 5.6% from 2023 through 2030. The primary driver of growth in the NVH materials market is the increasing production and utilization of heavy commercial vehicles across various industries. Noise, vibration, and harshness (NVH) in vehicles, stemming from structure-borne and air-borne sources, can cause passenger discomfort and reduce the longevity of the vehicle. The use of NVH-reduction materials addresses these issues, improving ride quality and enhancing the durability of the vehicle. This has subsequently fueled demand for NVH materials in the automotive sector. Furthermore, automotive manufacturers are increasingly focused on acoustic management and NVH control for both passenger and commercial vehicles to enhance fuel economy, reduce cabin noise, and improve vehicle longevity. Changing consumer preferences towards quieter and more comfortable rides are also expected to contribute to the industry's expansion.

Gather more insights about the market drivers, restrains and growth of the Automotive NVH Materials Market

The market for aftermarket services, including replacement parts, repairs, maintenance, accessorization, and customization, has grown rapidly in recent years. As more consumers seek replacement auto parts and soundproofing options for their vehicles, the demand for NVH materials is anticipated to increase throughout the forecast period.

The growth of the NVH materials market in the automotive industry is further boosted by the introduction of active noise control systems, which cater to consumer preferences for enhanced comfort and safety. Additionally, evolving regulatory standards that emphasize noise reduction are driving the adoption of NVH materials.

The NVH materials market value chain includes raw material suppliers, manufacturers, converters, distributors, and end-users. Converters play a crucial role in the industry, transforming raw materials into final products such as foam laminates and molded rubber components. Industry participants may sell NVH materials directly to consumers under their brand names or supply them to third-party dealers.

Application Segmentation Insights:

The demand for automotive NVH materials has evolved significantly due to rising consumer awareness. Noise and friction absorption were the largest application segments in 2022, accounting for approximately 51.6% of overall revenue. As consumers place more importance on quiet, vibration-free, and comfortable riding experiences, the use of noise absorption products in the automotive industry has increased. These materials help reduce cabin noise and friction, contributing to a smoother and more enjoyable ride.

Additionally, the shift towards vehicle accessorization, including entertainment systems, has led to higher demand for noise absorption and damping materials. These solutions enhance the audio performance of entertainment systems by minimizing ambient noise. This trend is expected to drive further demand for noise absorption materials in vehicles.

China and India are projected to experience high demand for NVH materials due to growing vehicle production. Factors contributing to this trend include the rising demand for affordable passenger cars amid rapid urbanization and increasing living standards, benefits of low production costs, strong international demand, and significant domestic demand due to population growth.

Order a free sample PDF of the Automotive NVH Materials Market Intelligence Study, published by Grand View Research.

[adityarana1687-blog]

Blow Molded Plastics Market To Reach $121.82 Billion By 2030

The global blow molded plastics market size is anticipated to reach USD 121.82 billion by 2030, according to a new report by Grand View Research, Inc. It is projected to propel at a CAGR of 7.0% from 2024 to 2030. Increasing requirement for substitution of glass, metals, wood, natural rubber, and man-made materials, such as concrete, is driving the global blow molded plastic market. Various products such as olefins, polystyrene, PVC, PET, and other plastics are rapidly replacing most materials in automotive, construction & infrastructure, medical & healthcare, and consumer goods applications.

Amid the global COVID-19 pandemic and lockdown, the demand for plastic resins and blow molded plastics has dropped significantly, which is expected to rise gradually as the lockdown is lifted, cross-border trade is re-established, and industries begin to operate in full capacities. China, India, Malaysia, Indonesia, and others are expected to be the primary growth markets in the region. Growing manufacturing sector shall drive the demand for plastic compounds in automotive, construction, packaging, and consumables & electronics industries. In the recent past, China and India have witnessed a spike in the production of automobiles owing to transfer of technology to this sector from western markets.

Less density associated with plastics helps increase fuel efficiency and improve machinery performance, thereby reducing carbon emissions. Carbon emissions are chemical compounds produced from poorly burnt fuels like natural gas, crude oil, and coal, which enter the surrounding air. Most carbon emissions are hazardous in nature and very detrimental to the environment and all living beings.

Some of the key players operating in the blow molded plastics market are Magna International, Inc., INTERNATIONAL AUTOMOTIVE COMPONENTS GROUP, S.L. (IAC Group), Berry Global, Inc., Pet All Manufacturing, Inc., Inpress Plastics Ltd., Dow Inc., Comar, LLC, Rutland Plastics Ltd, The Plastic Forming Company, Inc., Agri-Industrial Plastics, Garrtech, Inc., Creative Blow Mold Tooling, North American Plastics, Ltd., Machinery Center, Inc., Custom-Pak Ltd., APEX Plastics, INEOS Group, LyondellBasell Industries Holdings B.V., Exxon Mobil Corporation, and Exxon Mobil Corporation.

Request a free sample copy or view report summary: Blow Molded Plastics Market Report

Blow Molded Plastics Market Report Highlights

The injection blow molding technology segment accounted for a share of 36.0% in 2023. The cost of an extrusion blow mold is lower than that of an injection blow mold due to the former's lower pressure requirement.

The Polyethylene (PE) segment held the largest market share of 16.3% in 2023. PE compounds are commonly used in the packaging and electrical & electronics industries.

Packaging emerged as the leading application segment in terms of revenue share in 2023. The packaging industry is majorly driven by high consumerism in emerging economies.

The automotive & transport segment is poised to witness a substantial CAGR over the forecast period. This can be attributed to the industry’s rising need for lightweight materials that can improve fuel efficiency and reduce vehicle emissions.

The blow-molded plastics market in North America held a revenue share of 26.1% in 2023. The growing geriatric population in the region, coupled with well-established healthcare infrastructure, is expected to drive the market.

Blow Molded Plastics Market Segmentation

Grand View Research has segmented global blow molded plastics market report based on technology, product, application, and region:

Blow Molded Plastics Technology Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Extrusion Blow Molding

Injection Blow Molding

Stretch Blow Molding

Compound Blow Molding

Blow Molded Plastics Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Polypropylene (PP)

Acrylonitrile Butadiene Styrene (ABS)

Polyethylene (PE)

Polystyrene (PS)

Polyvinyl Chloride (PVC)

Polyethylene Terephthalate (PET)

Polyamide (PA)

Polyamide 6

Polyamide 66

Others

Blow Molded Plastics Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

Packaging

Consumables & Electronics

Automotive & Transport

Building & Construction

Medical

Others

Blow Molded Plastics Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

North America

U.S.

Canada

Mexico

Europe

Germany

UK

France

Italy

Asia Pacific

China

India

Japan

Central & South America

Brazil

Argentina

Middle East & Africa

GCC Countries

South Africa

List of Key Players of Blow Molded Plastics Market

Magna International, Inc.

INTERNATIONAL AUTOMOTIVE COMPONENTS GROUP, S.L. (IAC Group)

Berry Global, Inc.

Pet All Manufacturing, Inc.

Inpress Plastics Ltd.

Dow, Inc.

Comar, LLC

Rutland Plastics Ltd.

The Plastic Forming Company, Inc.

Agri-Industrial Plastics

Garrtech Inc.

Creative Blow Mold Tooling

North American Plastics, Ltd.

Machinery Center, Inc.

Custom-Pak, Inc.

APEX Plastics

INEOS Group

LyondellBasell Industries Holdings B.V.

Exxon Mobil Corporation

Gemini Group, Inc.

[credenceresearchdotblog]

The global demand for FT Micronized Wax was valued at USD XX million in 2022 and is expected to reach USD XX Million in 2030, growing at a CAGR of 5.00% between 2023 and 2030.The Fischer-Tropsch (FT) micronized wax market has seen significant growth over the past decade, driven by its wide range of applications across various industries. FT micronized waxes are synthetic waxes produced through the Fischer-Tropsch process, which converts syngas (a mixture of carbon monoxide and hydrogen) into liquid hydrocarbons. These waxes are then micronized into fine particles, enhancing their performance in applications like coatings, inks, adhesives, and plastics. The market for FT micronized wax is poised for continued expansion, fueled by increasing demand for high-performance materials and the push for more environmentally friendly products.

Browse the full report at https://www.credenceresearch.com/report/ft-micronized-wax-market

Market Drivers

1. Rising Demand in Coatings and Paints Industry One of the primary drivers of the FT micronized wax market is the growing demand from the coatings and paints industry. These waxes are used to enhance the durability, scratch resistance, and water repellency of coatings. With the global construction industry expanding, particularly in developing economies, the demand for high-quality coatings has surged, subsequently boosting the need for FT micronized waxes.

2. Growing Use in Plastics and Polymers

FT micronized waxes are increasingly being used as processing aids and lubricants in the plastics and polymers industry. They improve the flow properties of plastics, reduce friction during extrusion, and enhance the surface properties of final products. As the demand for lightweight and durable materials grows, particularly in the automotive and consumer goods sectors, the need for FT micronized waxes is expected to rise.

3. Sustainability and Environmental Concerns

Environmental regulations and consumer preferences are pushing industries to adopt more sustainable materials. FT micronized waxes, derived from natural gas, are seen as more environmentally friendly compared to petroleum-based waxes. Their biodegradability and lower carbon footprint make them an attractive choice for companies aiming to reduce their environmental impact.

Key Applications

1. Coatings and Inks

In the coatings industry, FT micronized waxes are used to enhance the performance of paints, varnishes, and other surface treatments. They provide excellent matting properties, improve slip resistance, and protect surfaces from abrasion and chemicals. In the printing industry, these waxes are used in inks to improve print quality and durability.

2. Adhesives and Sealants

FT micronized waxes are also widely used in the adhesives and sealants industry. They improve the thermal stability, adhesion properties, and viscosity of adhesives, making them suitable for a wide range of applications, including packaging, woodworking, and automotive assembly.

3. Plastics and Rubber

In the plastics and rubber industry, FT micronized waxes act as lubricants and processing aids. They help in reducing friction during the molding and extrusion processes, improving the surface finish and mechanical properties of the final products. These waxes are particularly useful in the production of high-performance plastics and rubber components used in automotive, electronics, and consumer goods.

Market Challenges

Despite the numerous advantages and growing demand for FT micronized waxes, the market faces certain challenges. The production process of FT waxes is complex and requires significant investment in technology and infrastructure. Additionally, the market is highly competitive, with numerous players offering similar products, leading to price pressures.

Furthermore, fluctuations in the prices of raw materials, particularly natural gas, can impact the cost of FT micronized wax production. The availability of alternative waxes, such as polyethylene waxes and paraffin waxes, also poses a challenge to market growth.

Future Outlook

The future of the FT micronized wax market looks promising, with several trends indicating sustained growth. The increasing focus on sustainability and the development of eco-friendly products are expected to drive demand for FT micronized waxes. Innovations in production technology, such as the development of more efficient and cost-effective synthesis methods, could further enhance the market's prospects.

Moreover, the expanding applications of FT micronized waxes in emerging industries, such as 3D printing and nanotechnology, offer new avenues for growth. As industries continue to seek high-performance materials that meet stringent environmental standards, FT micronized waxes are likely to play a crucial role in the materials landscape of the future.

Key Players

BASF SE (Germany)

Clariant (Switzerland)

Numaligarh Refinery Limited (India)

Trecora Resources (U.S.)

Indian Oil Corporation Ltd (IOCL) (India)

Goyel Chemical Corporation (India)

Nippon Seiro Co., Ltd. (Japan)

AVERY DENNISON CORPORATION (U.S.)

Marcusoil (U.S.)

Mitsui Chemicals, Inc., (Japan)

3M (U.S.)

Sika AG (Switzerland)

Honeywell International Inc.,(U.S.)

Westlake Corporation (U.S.)

PCL (India)

Innospec (U.S.)

Segmentation

By Type:

Polyethylene Micronized Wax

Polypropylene Micronized Wax

Palm Micronized Wax

PEVA (Polyethylene Vinyl Acetate) Micronized Wax

Custom Blends (Combination of Different Wax Types)

By Application:

Ink and Coatings

Printing Inks

Industrial Coatings

Architectural Coatings

Plastics

Thermoplastics

Thermosetting Plastics

Paints and Varnishes

Decorative Paints

Industrial Paints

Wood Coatings

Adhesives and Sealants

Hot Melt Adhesives

Pressure-Sensitive Adhesives

Construction Sealants

Rubber

Tire Manufacturing

Rubber Compounding

Rubber Mold Release Agents

By Form:

Powder Form Micronized Wax

Granular Form Micronized Wax

Liquid Dispersions of Micronized Wax

By Material Source:

Natural Micronized Wax

Synthetic Micronized Wax

By End User:

Automotive

OEM (Original Equipment Manufacturers)

Aftermarket

Printing and Packaging

Flexible Packaging

Labels and Tags

Corrugated Packaging

Cosmetics and Personal Care

Lipsticks and Lip Balms

Creams and Lotions

Hair Care Products

Pharmaceuticals

Tablet Coatings

Ointments and Creams

Food and Beverage

Food Packaging

Confectionery

Food Processing

Textiles and Apparel

Textile Finishing

Garment Printing

Leather Treatment

Agriculture

Seed Coatings

Fertilizer Blends

Electronics and Electrical

Cable and Wire Insulation

Printed Circuit Boards

Aerospace and Defense

Aircraft Coatings

Military Equipment

Energy and Power

Wind Turbine Blade Coatings

Transformer Insulation

By Region

North America

U.S

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of Middle East and Africa

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Contact:

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[dirak12]

Dirak India: Leading EPDM Gaskets Manufacturers and Dealers in India

In industries where sealing solutions are critical for maintaining efficiency, safety, and performance, EPDM gaskets stand out for their exceptional resilience and versatility. Dirak India, a top manufacturer and dealer of EPDM gaskets in India, has established itself as a trusted name in the market by delivering high-quality gaskets tailored to meet the demanding requirements of various applications.

What Makes EPDM Gaskets Unique?

Ethylene Propylene Diene Monomer (EPDM) is a synthetic rubber known for its excellent weatherability, flexibility, and resistance to heat, ozone, and aging. These characteristics make EPDM gaskets an ideal choice for a wide range of sealing applications, including:

Weather Seals: EPDM gaskets are highly effective in sealing out moisture, dust, and air, making them perfect for outdoor applications exposed to the elements.

Thermal Insulation: Their resistance to extreme temperatures makes them ideal for use in environments that experience high heat or cold.

Chemical Resistance: EPDM gaskets can withstand exposure to a variety of chemicals, making them suitable for industrial applications involving harsh substances.

Dirak India: A Pioneer in EPDM Gasket Manufacturing

Dirak India has earned its reputation as a leading manufacturer of EPDM gaskets by combining cutting-edge technology with years of expertise in the field. The company’s state-of-the-art manufacturing facilities are equipped to produce EPDM gaskets that meet stringent industry standards for quality, durability, and performance.

Extensive Range of EPDM Gaskets

Dirak India offers a comprehensive range of EPDM gaskets designed to meet the specific needs of different industries:

Extruded EPDM Gaskets: These gaskets are available in various shapes and sizes, customized to fit specific applications such as doors, windows, and enclosures.

Molded EPDM Gaskets: Tailored for applications requiring precise dimensions and intricate shapes, ensuring a perfect seal in complex assemblies.

Self-Adhesive EPDM Gaskets: These gaskets are equipped with adhesive backing, allowing for easy installation and providing a secure, long-lasting seal.

Applications Across Diverse Industries

EPDM gaskets from Dirak India are utilized in a variety of industries, each benefiting from the material’s unique properties:

Automotive: Providing reliable seals for doors, windows, and other components exposed to harsh weather conditions.

Construction: Ensuring airtight and watertight seals in buildings, helping to enhance energy efficiency and weather resistance.

Electronics: Offering protection against dust and moisture in sensitive electronic enclosures.

HVAC: Used in heating, ventilation, and air conditioning systems to prevent air leakage and improve system efficiency.

Commitment to Quality and Innovation

Dirak India’s commitment to quality is reflected in every EPDM gasket they manufacture. The company adheres to strict quality control processes, ensuring that each gasket meets or exceeds the expectations of its clients. Additionally, Dirak is dedicated to continuous innovation, regularly updating its product line to incorporate the latest advancements in materials and manufacturing techniques.

Nationwide Dealer Network

As a leading dealer of EPDM gaskets in India, Dirak India has established a robust distribution network that ensures its products are readily available to customers across the country. Whether you are based in a major city or a remote industrial area, Dirak’s EPDM gaskets can be easily sourced and delivered, backed by reliable customer support.

Customized Solutions for Every Need

Understanding that each application may require specific gasket properties, Dirak India offers customized EPDM gaskets tailored to meet unique client requirements. From special material formulations to custom sizes and shapes, Dirak’s team of experts works closely with clients to develop gaskets that deliver optimal performance in their specific environments.

Sustainability at Dirak India

Dirak India is committed to sustainable manufacturing practices. The company ensures that its production processes are eco-friendly, minimizing waste and energy consumption. By choosing EPDM gaskets from Dirak, customers not only receive a high-quality product but also contribute to a more sustainable future.

Conclusion

For industries seeking reliable, high-quality EPDM gaskets in India, Dirak India is the go-to manufacturer and dealer. With a strong focus on quality, innovation, and customer satisfaction, Dirak India continues to lead the market, providing sealing solutions that meet the demands of today’s diverse industrial applications.

Explore Dirak India’s range of EPDM gaskets today and discover how their products can enhance the performance and reliability of your projects. Contact their team for more information, customized solutions, or to place an order.

[globalgrowthinsights]

Digital Commerce Platform Market Developments, Trends & Opportunities till 2032

Digital Commerce Platform Market provides in-depth analysis of the market state of Digital Commerce Platform manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Digital Commerce Platform in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Digital Commerce Platform Market Report:

The report offers a comprehensive and broad perspective on the global Digital Commerce Platform Market.

The market statistics represented in different Digital Commerce Platform segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Digital Commerce Platform are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Digital Commerce Platform.

Major stakeholders, key companies Digital Commerce Platform, investment feasibility and new market entrants study is offered.

Development scope of Digital Commerce Platform in each market segment is covered in this report. The macro and micro-economic factors affecting the Digital Commerce Platform Market

Advancement is elaborated in this report. The upstream and downstream components of Digital Commerce Platform and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/digital-commerce-platform-market-100549

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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[researchrealmblog]

Injection Molded Plastics Market Is on Track To Hitting USD 409.2 Billion by 2030

The word "injection molding" covers a wide range of processes, including the molding of metals, ceramics, polymers, and several other substances. Plastics and injection molding are frequently used together. Plastics can also be formed using a variety of different methods, such as extrusion and blow molding. But the most used method of forming plastics worldwide is injection molding.

It is predicted that the need for injection molded plastics would be driven by the rising demand for plastic components from a variety of end-use sectors, including consumer goods and electronics, packaging, and automotive and medical devices.

In addition, injection molding developments are also being focused on by businesses to reduce the rate of defective manufacturing, which has had a substantial effect on the demand for injection-molded plastic components globally. Thus, the injection molded plastics market is set to reach USD 409.2 billion by 2030, according to P&S Intelligence.

Application in Packaging Contributes Majority of Revenue

With a market share of 30% across all applications, packaging will continue to rule the market; as a result, the expansion of the packaging industry will be a major market driver.

The gradual transition away from glass and metals in the consumer packaging market in favor of polymers is driven by the latter's reduced space need, decreasing weight, durability, adaptability, and cost-effectiveness.

Moreover, polypropylene holds the majority of the market share, at about 40%, as a result of its lightweight properties, moisture resistance, shock resistance, cheap cost, high molding capacity, and outstanding compatibility with food applications, particularly in terms of package safety.

Furthermore, it may be used in injection molding to create components and goods of all different sizes and forms. Due to its semi-crystalline structure and strong flexural strength, polypropylene also has this property.

Demand for Polymers Is Growing in Automotive Applications

One of the end markets for injection-molded plastics with the quickest growth is the automobile sector. The need for such materials would be boosted throughout the projected period by the expansion of the Asian automotive market, notably in China and India.

Thermoplastic elastomers and other injection-molded polymers are discovering new uses in the vehicle sector because of technological advancements in the production of automotive components. The majority of car parts up until recently were composed of steel. To lighten the total weight of cars, plastic is now quickly replacing steel.

In addition, as automotive manufacturing methods continue to advance, high-performance materials—such as thermoplastic elastomers, which combine the properties of rubber and plastic while also being lighter than steel and other polymeric materials—are replacing traditional polymers in an expanding number of applications.

APAC Is a Major Consumer of Injection Molded Plastics

With a 40% revenue share, APAC now holds the top spot in the market for polymers used in injection molding and will continue to do so until the year 2030. Demand for injection-molded plastics is anticipated to rise in the Asia-Pacific area as a result of rising infrastructure investment and rising vehicle sales in Indonesia, India, China, and Malaysia.

Due to its low cost of producing a variety of goods, China has the greatest revenue in the area, which will increase at a CAGR of over 5%. The important drivers driving the market's growth are China's vast population and its quick urbanization.

Source: P&S Intelligence

[bhavanameti]

Silicone Elastomers Market Projected to Reach $15.1 Billion by 2031

Meticulous Research®—a leading global market research company, published a research report titled, ‘Silicone Elastomers Market by Type (Liquid Silicone Rubber (LSR), High-temperature Vulcanize (HTV)), Process (Extrusion, Molding), End-use Industry (Automotive, Healthcare, Electrical & Electronics, Construction), and Geography - Global Forecast to 2031.’

According to the latest report from Meticulous Research®, the silicone elastomers market is projected to reach $15.1 billion by 2031, with a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031. This growth is driven by the increasing application of silicone elastomers in medical devices, advancements in material science, and high demand in the electrical and electronics sectors. However, environmental concerns, sustainability issues, and stagnant growth in developed countries pose challenges to market expansion.

Market growth opportunities are anticipated through the integration of silicone elastomers with IoT devices and their rising use in the automotive industry. Nonetheless, fluctuations in raw material prices remain a significant challenge.

The silicone elastomers market is segmented by type, process, and end-use industry. Types include room-temperature vulcanize (RTV), liquid silicone rubber (LSR), and high-temperature vulcanize (HTV). In 2024, HTV is expected to hold the largest market share of over 52%, driven by advancements in manufacturing technologies and its extensive use in high-temperature applications in the automotive and electronics industries. The LSR segment is projected to experience the highest CAGR due to innovations in material science and increasing demand for high-volume production in the automotive and healthcare sectors.

By process, the market is divided into extrusion, molding, calendering, and others. The molding process segment is anticipated to account for the largest share of over 45% in 2024, driven by the demand for LSR injection molding for complex parts and advancements in molding technologies. This segment is also expected to register the highest CAGR during the forecast period.

In terms of end-use industry, the market is segmented into automotive, aviation & aerospace, consumer goods, electrical & electronics, healthcare, energy, industrial machinery, construction, and others. The electrical & electronics segment is expected to hold the largest share of over 35% in 2024, due to the increasing use of silicone elastomers in components like power supplies and circuit boards. The healthcare segment is projected to grow at the highest CAGR, driven by the demand for biocompatible materials and silicone elastomers in medical devices and implants.

Geographically, the silicone elastomers market is divided into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific is expected to dominate with a share of over 53% in 2024, driven by rapid economic development, particularly in China and India, and the growing healthcare and construction industries. This region is also projected to register the highest CAGR of over 9% during the forecast period.

Key players in the silicone elastomers market include Momentive Performance Materials, Inc. (U.S.), China National Bluestar (Group) Co., Ltd. (China), The Dow Chemical Company (U.S.), Shin-Etsu Chemical Co., Ltd. (Japan), Wacker Chemie AG (Germany), DuPont de Nemours, Inc. (U.S.), among others.

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Key Questions Answered in the Report:

What are the high-growth market segments in terms of the type, process, and end-use industry?

What is the historical market size for the silicone elastomers market?

What are the market forecasts and estimates for 2024–2031?

What are the major drivers, restraints, opportunities, challenges, and trends in the silicone elastomers market?

Who are the major players in the silicone elastomers market, and what are their market shares?

What is the competitive landscape like?

What are the recent developments in the silicone elastomers market?

What are the different strategies adopted by major market players?

What are the trends and high-growth countries?

Who are the local emerging players in the silicone elastomers market, and how do they compete with other players?

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