Global Market Insights, Inc. has recently added a new report on the automotive green tires market which estimates the market valuation for automotive green tires will cross US$ 175 billion by 2027. Increasing regulations pertaining to vehicle emission reduction, rising popularity of sustainable & eco-friendly vehicles, and increasing global automotive demand will prosper the product demand
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The Latin American and Caribbean automotive tire market is segmented on the basis of season type, rim size, vehicle type, and channel. Based on season type, the all-season segment held the largest share in 2019, accounting for nearly 90% of the market. However, the summer segment is estimated to register the highest CAGR of 4.2% from 2020 to 2027.
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Tire-derived fuel is often used as a supplemental fuel at cement and paper & pulp facilities. In recent years its demand is seen a steady rise as TDF improves boiler efficiency, reduces carbon emissions, and cuts down fuel costs. As end-use industries regain momentum in the post-COVID-19 economy, analysts anticipate that they will stoke the usage of TDF as well. As of 2019, the cement industry held a 50% share in the global tire-derived fuel market. The publisher predicts the trend will continue as construction activities make a comeback in full swing. more…
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by Hauke Westenberg, Orion Engineered Carbons GmbH Feasibility of optimizing compounds having carboxylic acid rich carbon black by application of
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