Today's News
Natural rubber market forecast at $30 billion by 2033
The demand for natural rubber continues to rise due to its affordability, lightweight properties, and suitability for a wide range of applications. From insulating materials to tires for cars and airplanes, natural rubber remains indispensable across diverse sectors, driving its consumption to an estimated value of US$ 30,914.3 million by the end of 2033.
Evonik donates $80,00 to youth and STEM programs in Louisianna
Beneficiaries of the donation included the Kids on the Move STEM Summer Camp, the St. John 4-H Club, and Dolly Parton’s Imagination Library. Kids on the Move aims to provide a safe and engaging learning environment for children ages 4-13 and addresses the needs of disadvantaged and at-risk youth in St. John the Baptist Parish.
Hyundai approves three Continental tire models for its Tucson
The South Korean car manufacturer has given Continental three approvals for its SUV. The Tucson runs worldwide from the factory on either energy-saving EcoContact 6 or comfort-optimized PremiumContact 6 tires. For the Asia-Pacific region, Hyundai has also approved the CrossContact LX Sport, which is designed for light off-road driving
Yokohama Tire introduces the new all-terrain Geolandar A/T4
Santa Ana, CA – Yokohama Tire’s all-new GEOLANDAR A/T4™ G018 is designed to take drivers just about anywhere, on- or
Goodyear reports first quarter net loss of $57 million
Goodyear’s first quarter 2024 sales were $4.5 billion with tire unit volumes totaling 40.4 million. First quarter 2024 Goodyear net loss was $57 million (20 cents per share) compared to a Goodyear net loss of $101 million (35 cents per share) a year ago. The year over year improvement was driven by increases in segment operating income. The 2024 period also included several significant items including, on a pre-tax basis, Goodyear Forward costs of $28 million and rationalization charges of $22 million, compared with pre-tax rationalization charges of $32 million in 2023. Goodyear Forward costs are comprised of advisory, legal and consulting fees and costs associated with planned asset sales.
Belt Power acquires Phoenix-based Avtech Industrial Products
Conveyor system belting and component distributor Belt Power expands in the Southwest with Phoenix-based Avtech Industrial Products.
Founded in 2000, Avtech is a distributor of conveyor belts, motors, drives, hose and fittings, gearboxes, and other industrial products. It offers installation, fabrication and repair services.
Featured Articles
Styrenic thermoplastic elastomers for efficient foams for the automotive sector
Effects of using hydrogenated styrenic thermoplastic elastomers (SEBS) to improve the properties of a foamed commodity polypropylene for automotive applications are presented.
Mixing
Silane modified low molecular weight liquid polymers in sulfur cured mixtures of styrene butadiene copolymers and silica
Global emissions of greenhouse gases from trucks and passenger cars are influenced by the deformation energy and friction losses of tires. It is mostly associated with the rolling resistance between the tire tread and the road surface. For this reason, the rolling resistance is considered one of the most important performance indicators (that is, targeted to be reduced) within the tire industry.
Chemicals and Materials
The United States Environmental Protection Agency issues new rules for chloroprene emissions
The U.S. Environmental Protection Agency issued a final rule that will significantly reduce toxic air pollution from chemical plants, including ethylene oxide and chloroprene. Once implemented, the rule will reduce both EtO and chloroprene emissions from covered processes and equipment by nearly 80%. A requirement for these facilities to conduct fence line monitoring for key toxic chemicals is included, and EPA will make the data publicly available to better inform and safeguard nearby communities.
Extrusion
Leibinger develops specialized ink for extruded PVC cable marking
EIBINGER announces the developed a special ink for cable marking and meter marking of extruded goods, one that adheres reliably to PVC materials. This ink is resistant to plasticizers which means it can prevent the effect described above of accidental transfer prints. With a Blue Wool Scale (BWS) ranking of 8, it also possesses exceptional UV stability.
Silicone & Medical
Liquid silicone rubber industry forecast to reach $10 billion by 2033
The liquid silicone rubber industry is expected to hold a valuation of US$ 6.9 billion in 2023. The market is expected to witness a 3.9% from 2023 to 2033. By 2033, the value is expected to cross US$ 10.1 billion according to Future Market Insights.
Oil, Gas & Energy
Low temperature seals for oil and gas applications
Low temperature
seals for oil and gas
applications
Testing & Instruments
ACE Laboratories completes installation of its new wiper blade testing system
ACE Laboratories has announced another new testing capability. This latest addition provides the ability to test and analyze windshield wiper blades and wipe systems.
The custom engineered testing system allows ACE to include energy consumption analysis as part of the testing protocol in addition to traditional durability analysis. ACE’s testing system also allows for customization to nearly all windshield types with angle and pressure controls to ensure testing is completed according to OEM specifications.
Molding
Molecular Rebar with Aflas for improved physical properties
Molecular Rebar in Aflas FEPM, when used in an Aflas compound formulation, results in improved tear toughness and high temperature modulus retention.
Thermoplastic Elastomers & Urethanes
Performance elastomer market forecast at $41 billion by 2034
The performance elastomer market is estimated to be worth US$ 19.8 billion in 2024 and is projected to be valued at US$ 41 billion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 7.6% according to Future Market Insights.
Latex and Natural Rubber
Natural rubber market forecast at $30 billion by 2033
The demand for natural rubber continues to rise due to its affordability, lightweight properties, and suitability for a wide range of applications. From insulating materials to tires for cars and airplanes, natural rubber remains indispensable across diverse sectors, driving its consumption to an estimated value of US$ 30,914.3 million by the end of 2033.
The April Issue of Rubber World
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This issue focuses on
Automotive Elastomers
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