Market Research Blog

The liquid silicone rubber market is expected to hold a valuation of USD 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 USD 10.1 billion.

The liquid silicone rubbers are equipped with the ability to perform under a wide range of temperatures, ranging from -50 0C to 165 0C. Owing to this, these are majorly used in the aviation industry. Furthermore, these also display excellent resistance to chemicals. Thus, they find application in procedures in the medical sector, including  ENT, heart surgery, etc.

Liquid silicone rubber is witnessing massive demand in the automobile and automotive sectors as well. The ability to provide a superior compression set and to act as a gloss enhancer is expected to surge their application. The silicone rubbers also work as a dampening medium for the instruments in vehicles. The significant surge in demand for electric vehicles represents massive scope for the market. These are being used in power transmission equipment owing to their heat stability.

Surging electronics sector presents lucrative opportunities for the market. Silicone is believed to be the heart of the electronics industry as it assists in encapsulating a bulky circuit into a miniaturized system. The liquid silicone rubbers protect the electronic circuits from shock, heat, and various forms of contaminants. These are also employed in critical electronic components like transistors, capacitors, and tubes in electronic devices.

Empower Your Business With Valuable Insights. Request a Sample Industry Overview to Assess Market Potential and Drive Growth!

The injection moulding market also makes use of liquid silicone rubbers. This can be attributed to the fact that these silicone rubbers offer high shelf life and provide electrical resistance as well.

Thus, the FMI researchers are of the opinion that the ability to work under extreme conditions, coupled with electrical resistance offered, growth of the electronics sector and a number of other factors, are expected to surge the liquid silicone rubber market growth during the forecast period.

Key Takeaways:

• The market is projected to be valued at US$ 6.9 billion in 2023.
• By 2033, the valuation is expected to cross US$ 10.1 billion.
• The CAGR during the forecast period is predicted to be 3.9%.
• Based on the regional analysis, North America is anticipated to be the dominant market.
• The United States market is projected to grow at 3.6%.
• The United Kingdom market is estimated to surge at 3.4%.
• China market is forecasted to advance at 3.6%.
• Japan liquid silicone rubber market is expected to surge at 4.5%.
• India market is projected to record 4.3%.
• On the basis of grade type, the industrial grade segment is expected to hold the prominent market share and is expected to register a CAGR of 4%.
• On the basis of technology, the liquid injection molding system segment is anticipated to hold a significant market share and is projected to record a CAGR of 3.5%.

Competitive Landscape:

The key players operating in the liquid silicone rubber market are expected to form strategic partnerships with players from other niches, especially those from the electronics and automobile sector. There is also a lot of emphasis being laid on the process of mergers and acquisitions. The players who are entering into new markets are focusing on inorganic growth, as the local players would be well-versed with demographic tastes. Furthermore, huge amounts are being invested in technological upgradation with a view to reducing waste accumulation.

In November 2022, Dow selected AB Specialty Silicones as the authorized distributor for elastomeric roof coating market in the United States and Canada.

Dominant players in the market

• Dow
• Momentive Performance Materials, Inc.
• Evonik Industries AG
• Bluestar Silicones International
• SiVance

Contact Our Sales Team Now to Discuss How You Can Acquire This Report and Gain Valuable Insights for Your Business.

Liquid Silicone Rubber Market Segmentation

By Grade Type:

• Food Grade
• Industrial Grade
• Medical Grade
• Others

By Technology:

• Liquid Injection Molding System
• Other Molding Processes

By End-use Industry:

• Consumer Goods
• Electrical and Electronics
• Construction
• Automotive
• Healthcare
• Other Applications

By Region:

• North America
• Latin America
• Europe
• Asia Pacific Excluding Japan
• Japan
• The Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The personal care ingredients market is poised for robust growth, projected to thrive at an average CAGR of 5.0% from 2023 to 2033. This steady expansion is fueled by increasing consumer demand for innovative and high-quality personal care products, encompassing skincare, haircare, and cosmetics. Rising awareness about the benefits of natural and sustainable ingredients is driving the adoption of eco-friendly formulations, further propelling market growth.

• The rising demand for organic and natural ingredients for personal care in supplements, cosmetics, and consumables is flourishing the market growth. Furthermore, the expanding men’s segment for personal care with the gender-neutral fashion trends in the market growth.
• The higher sales of ingredients of skincare products that are anti-aging and anti-fungal, along with the application of skin conditioning agents, are increasing the market size. Moreover, increasing awareness of their skincare due to rising pollution also pushes the demand for personal care ingredients.
• New innovative products with higher natural and organic ingredients, no side effects, and chemicals are expected to change the market dynamics during the forecast period.
• Apart from the new product launches, the accessibility of e-commerce platforms and higher production of hair care and skin care products are also garnering attention from the market.
• Higher potential can be seen in emerging economies and rapid growth in multifunctional personal care applications, with social media channels influencing the end users. These personal care ingredients include surfactants, modifiers, emulsifiers, emollients, rheology, etc.

Evaluate Market Trends and Devise Winning Strategies With an Industry Overview. Request Your Sample Now and Propel Your Business Forward!

 Key Points

1. The United States market leads the North American personal care ingredients market in terms of market share in North America. The United States held a market share of 19.8% in 2022. The factors attributed to the higher cosmetic and personal care consumption, new brands launching organic products, and greater influence of social platforms.
2. The German personal care ingredients market held a market share of 11.6% in 2022. Higher imports cause market growth. Europe is the hub of the fashion industry, along with the demand for projects.
3. The Indian market thrives at an average CAGR of 5.1% between 2023 and 2033. The growth is attributed to the increased per capita income, changing lifestyle, and the effective influence of social media.
4. The Chinese market also thrives at a CAGR of 4.2% during the forecast period.
5. Based on product type, the emollient segment leads the market, as it held a market share of 35.1% in 2022.
6. Based on application type, the skincare segment strives as it accumulated a revenue share of 35.6% in the global market in 2022.

Competitive Landscape

The key suppliers focus on launching more products involving organic and natural components.   The competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Recent Market Developments

• Clariant AG has introduced a new range of personal care products in India with plant-based actives, vegetable oils, and natural emulsifiers.
• Wacker Chemie AG has recently launched make-up, hair care, sun care, oral care, insect repellant, skincare, and bath care products with the focus of producing natural and chemical effects of higher effectiveness.

Top Key Players in the Personal Care Ingredients Market

• Croda International Plc.
• BASF SE
• Ashland Global Inc.
• Evonik Industries AG
• Akzo Nobel N.V.
• Clariant AG
• Dow Chemical Company
• Wacker Chemie AG
• Lonza Group Ltd.
• Solvay S.A
• Eastman Chemical Company
• Cabiosa
• LOréal International
• Unilever

Connect with Our Sales Team Now to Explore the In-Depth Insights in This Report and Drive Your Business Forward.

Segmentation Analysis of the Personal Care Ingredients Market

By Application:

• Skin Care
• Make-Up
• Oral Care
• Hair Care

By Product Type:

• Emollients
• Surfactants
• Emulsifiers
• Antimicrobials
• UV Absorbers
• Conditioning Polymers
• Rheology Modifiers
• Colorants and Preservatives

By Consumer:

• Manufacturer
• Consultants in Chemical Industries
• End-use Industries

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• East Asia
• South Asia Pacific
• The Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global recycled concrete aggregates market is projected to expand at 8.0% CAGR during the forecast period. Total market size is likely to increase from USD 9,053.7 million in 2023 to USD 19,500.1 million by 2033.

Growing demand for sustainable construction practices is emerging as a key factor boosting the global market. Similarly, rising inclination towards using eco-friendly building materials will fuel recycled concrete aggregate demand.

Rapid urbanization along with increasing construction activities globally is another factor that is boosting the market. Builders and contractors are utilizing recycled concrete aggregates for the construction of new roads and other structures.

Discover Growth Opportunities in Recycled Concrete Aggregates – Get Your Sample Report Now!

Recycled concrete aggregates have become ideal alternatives to virgin ones due to their various advantages. These aggregates are inexpensive, durable, and eliminate need for mining. They are being increasingly used for various construction applications.

Increasing trend of using recycled concrete aggregates in the thriving building & construction industry will boost the global market. Rising environmental concerns will also play a key role in fueling recycled concrete aggregate sales over the next ten years.

Gravel and crushed stone hold dominating shares by weight in the overall concrete aggregates market owing to their extensive applications in fills, concrete manufacturing, and low cost

Key Takeaways from the Recycled Concrete Aggregates Market:

• The global market for recycled concrete aggregates is projected to expand at 0% CAGR through 2033.
• By application, road & pavement is expected to remain a prominent segment accounting for more than 65% of the overall market.
• By product type, gravel and crushed stone segment is anticipated to progress at 6% CAGR during the forecast period.
• Asia Pacific market is forecast to expand at a robust CAGR of 5% through 2033.
• China recycled concrete aggregates industry is likely to exhibit a CAGR of 4% from 2023 to 2033.

“The increasing demand for sustainable and eco-friendly construction materials will continue to boost the global recycled concrete aggregates industry. Manufacturers are likely to find significant growth opportunities in developing concrete aggregates that are inexpensive and durable, targeted at rapidly urbanizing demographics across the globe.” – says a lead Future Market Insights (FMI) analyst

Who is Winning?

Heidelberg Cement AG, CEMEX SAB de CV, Vulcan Material Company, LafargeHolcim Ltd., CRH Plc, Tarmac Group, Top Grade Site Management LLC, Southern Crushes Concrete, LLC, Big city crushed concrete are few of the leading companies operating in the recycled concrete aggregates industry.

Key companies are employing various organic and inorganic strategies to boost their revenues and expand their presence. This includes partnerships, acquisitions, collaborations, and facility expansions. For instance,

• In July 2021, U.S. Concrete was acquired by Vulcan Material Company.
• In March 2023, Seqens and Holcim partnered to build the world’s first fully recycled concrete building called Recygenie.

Contact Our Sales Team Now to Discuss How You Can Acquire This Report and Gain Valuable Insights for Your Business.

Recycled Concrete Aggregates Market Segmentation

By Product Type:

• Sand
• Gravel and Crushed Stone
• Cement Concrete
• Asphalt Pavement Debris

By Form:

• Unprocessed
• Processed

By Application:

• Roads & Pavement
• Bridges
• Bulk Fills & Riverbank Protection
• Concrete Manufacturing
• Others

By End Use:

• Residential
• Non-residential

By Region:

• North & Central America
• South America
• Northern Europe
• Southern & Western Europe
• CIS & Eastern Europe
• Middle East
• Africa
• Asia Pacific

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global road marking paints and coatings market is expected to achieve a valuation of USD 1,902.0 million in 2023, with projected sales growth at a CAGR of 4.3% from 2023 to 2033, reaching USD 2,899.8 million by 2033.

The market’s expansion will be driven by increasing demand across various applications such as roads, highways, parking lots, and pavement marking. Growth in global construction activities and the maintenance of road-highway infrastructure are anticipated to boost market demand. Furthermore, the rapid pace of urbanization and the implementation of new smart city initiatives by governments worldwide will further drive the need for road marking paints and coatings.

Government regulations aimed at enhancing road safety are another significant factor expected to spur sales of road marking paints and coatings. These regulations are increasingly emphasizing the importance of clear and durable road markings to improve traffic management and reduce accidents.

Maximize Your Investment Potential – Get Your Sample Report Now!

Key manufacturing hubs for road marking paints and coatings are concentrated in East Asia and South Asia, while North America and Europe represent major consumer markets due to their substantial demand for these products. South Asia and South America are poised to emerge as lucrative markets during the forecast period, driven by rapid urban development and infrastructure projects.

Leading manufacturers in the industry are strategically expanding their market presence through acquisitions of local players and the introduction of new product lines. Many companies are also investing in vertically integrating their operations to offer comprehensive solutions for road marking projects.

Key Takeaways from the Road Marking Paints & Coatings Market:

• The worldwide market for road marking paints and coatings is likely to expand at 3% CAGR through 2033.
• By material type, thermoplastics segment leads the market, holding around 50% of
• By application, road and highway marking segment is set to progress at 4% CAGR in the forecast period.
• North America road marking paints and coatings market is forecast to thrive at 3% CAGR through 2033.
• Road marking paint & coating demand in China is likely to rise at 7% CAGR from 2023 to 2033.

“Rise in infrastructure projects worldwide has led to a greater focus on enhancing road networks and trade routes connecting key cities within and across countries. Consequently, there has been a surge in demand for road marking paints to not only enhance the aesthetic of paved roads but also enhance driver safety and reduce accidents on modernized roadways.” – says an FMI analyst.

Who is Winning?

Sherwin-Williams Company, Dow Inc., Geveko Markings, Nippon Paints, PPG Industries, Swarco AG, and others are few of the leading road marking paint & coating manufacturers profiled in the comprehensive version of the report.

Key players are focusing on expanding their production capacity to increase their market presence all over the globe and to gain maximum traction in the market. Further, they are employing strategies such as partnerships, acquisitions, and mergers to expand their footprint. For instance,

• In 2022, Sika AG’s European industrial coatings business was acquired by Sherwin-Williams

Reach Out to Our Sales Team Now and Discover the Insights You Need to Succeed.

Global Road marking Paints & Coatings Market Segmentation

By Material Type:

• Performance-based
• Paint-Based Markings

By Marking Type:

• Permanent
• Removable

By Application:

• Road and Highway Marking
• Pavement Marking
• Parking Lot Marking
• Factory Marking
• Airport Marking
• Field Marking
• Other Applications

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Russia and Belarus
• Balkan and Baltic Countries
• Central Asia
• East Asia
• South Asia and Pacific
• Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global plastic market is poised to achieve a valuation of USD 712 billion in 2023, with projections indicating growth to USD 1050 billion by 2033, reflecting a steady CAGR of 4% over the forecast period. This robust expansion is propelled by escalating demand across various sectors, notably food & beverage, consumer goods, automotive, and electrical & electronics. The food & beverage industry, in particular, is a significant driver, fueled by the increasing need for innovative and efficient packaging materials. This surge in demand underscores the essential role of plastics in modern manufacturing and consumer applications, highlighting its pervasive influence and critical importance in the global market landscape.

Food manufacturers seek packaging that preserves food quality and prevents contamination, and plastic’s barrier properties make it a favored choice, bolstering its demand. Further, the versatility and durability of polymers are driving their use in sports, fashion, polymer clay, and toy-making. They are easily moldable, allowing flexible packaging in various shapes and sizes.

In textiles, their high elasticity, durability, and visual appeal contribute to their rising utility. Additionally, their rigidity makes them suitable for packaging automotive and electrical spare parts. Further, these expanding applications across multiple industries, including food & beverage, textile, electrical & electronics, automotive, and consumer goods, are fueling the growth of the plastics industry.

Elevate your Business Strategy with Insights from our Industry Overview. Request a Sample to Uncover Growth Opportunities Now!

The demand for engineering polymers has surged due to their superior strength and durability compared to standard polymers. These light, cost-effective materials also offer enhanced thermal and mechanical properties. Increasingly, industries seek better polymer solutions for applications in building, machinery, and componentry. While the need for metal substitutes further drives the use of engineering polymers.

Various sectors, including automotive engineering, building, solar, and water, benefit from the advantages these materials provide over metal constructions. Leading international OEMs, like Volkswagen, have already adopted engineered plastic materials as replacements for metal parts, leading to significant weight reductions, such as a 40% decrease in weight achieved with Volkswagen’s crankshaft covers.

The substitution of metals with plastics, due to their strength, flexibility, and reliability, is driving market growth. Moreover, advanced and cost-effective plastics are finding increased applications across industries, further supporting market expansion.

Plastics can be tailored with superior physical and chemical qualities compared to metals through specialized design processes, contributing to industrial growth. Their lightweight nature makes them ideal for transportation applications, improving fuel efficiency and stimulating market growth.

Key Takeaways

• The demand for plastic in the Asia Pacific is projected to rise with a promising CAGR of 4.3% during the forecast period.
• The market in the United States is anticipated to expand with a CAGR of 4.1% during the forecast period.
• The market in the United States is projected to be worth over US$ 90.5 billion in 2023.
• By end-use, the packaging industry segment is expected to generate demand with a CAGR of 4.7% during the forecast period.

“The substitution of metals with plastics and growing demand for packaging materials is expected to drive market growth during the forecast period,”- comments an FMI Analyst

Competitive Landscape

The market for plastic is characterized by extreme competition, as key industry players are making significant investments to improve their manufacturing capabilities.

Key industry players working in the market

• BASF SE
• SABIC
• Dow Inc
• DuPont de Nemours, Inc
• Evonik Industries
• Sumitomo Chemical Co., Ltd.
• Arkema
• Celanese Corporation
• Eastman Chemical Company
• Chevron Phillips Chemical Co., LLC

Connect with Our Sales Team Now to Explore the In-Depth Insights in This Report and Drive Your Business Forward.

Key Segments Profiled in the Plastic Market Survey

By Product:

• Polyethylene (PE)
• Polypropylene (PP)
• Polyurethane (PU)
• Polyvinyl chloride (PVC)
• Polyethylene terephthalate (PET)
• Polystyrene (PS)
• Acrylonitrile butadiene styrene (ABS)
• Polybutylene terephthalate (PBT)
• Polyphenylene Oxide (PPO)
• Epoxy Polymers
• Liquid Crystal Polymers
• Polyether ether ketone (PEEK)
• Polycarbonate (PC)
• Polyamide (PA)
• Polysulfone (PSU)
• Polyphenylsulfone (PPSU)
• Others

By Application:

• Injection Moulding
• Blow Moulding
• Roto Moulding
• Compression Moulding
• Casting
• Thermoforming
• Extrusion
• Calendering
• Others

By End-use:

• Packaging
• Construction
• Electrical & Electronics
• Automotive
• Medical Devices
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• East Asia
• The Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube