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https://www.maximizemarketresearch.com/market-report/global-recycled-elastomers-market/73243/ Recycled elastomers are asphalt binders applicable in various end users medical, agriculture, sports product, playground surfaces and infrastructures. These elastomers are very durable, improves rutting and reduces hydroplaning. Various factors such as growing population along with increasing disposable income, increasing use of recycled elastomers in infrastructure-based activities, favourable regulatory policies pertaining to recycled elastic and elastomer products, stringent government rules and regulation to reduce emission of pollution, and increasing R& D spending by major market players, growing agriculture activities & rising income of farmers across the globe are driving the recycled elastomer market. However, factors such as fluctuations in raw material prices, lack of awareness in underdeveloped countries, extensive use of recycled elastomers, absence of expertise along with less manpower and high cost associated with recycled elastomers are restraining the market growth over forecast period. Global Recycled Elastomers Market is segmented by raw material, by application and by region. By raw material, Nitrile Butadiene Rubber held highest market share in 2021 and is expected to keep its dominance over forecast period. Nitrile butadiene rubber is unsaturated copolymers of various monomers. Its physical and chemical properties changes as per the polymers composition. Nitrile butadiene rubber is possess resilient properties. Due to these resilient properties it is used as material for various automotive products and disposable medical products. By application, agriculture application segment held highest market share in 2021 and is expected to keep its dominance over forecast period. Recycled elastomers are cost effective, UV resistant and durable these properties make them ideal for agriculture use. These elastomers are used in windbreakers, livestock mats, bumper and feeders. Moreover, recycled elastomers helps to increase the yield and efficiency in the agricultural sector.

Coated Fabric Market Current Size Estimate, & Estimations, Detailed Segmentation, Regional Analysis, Top Developments 2022 to 2029 The global coated fabric market size is likely to gain impetus from their rising utilization in producing military wear and protective clothing worldwide. Besides, the ongoing number of construction projects owing to the increasing investments in chemical, oil and gas, infrastructure,and automotive and transportation industries would affect the market positively. This information is given by Fortune Business Insights™ in a recently published report, titled, “Coated Fabric Market Size, Share and Industry Analysis, by Product (Polymer Coated Fabric, Rubber Coated Fabric, and Fabric Backed Wall Coverings), By Application (Protective Clothing, Transportation, Furniture, Industrial, and Others) and Regional Forecast, 2019-2026.” The report further states that the coated fabric market size stood at USD 34.89 billion in 2018. It is anticipated to reach USD 49.41 billion by 2026, exhibiting a CAGR of 4.5% during the forecast period. Drivers & Restraints: Increasing Automotive Production to Propel Growth Coated fabrics are majorly used in vehicles to improve the feel and appearance of their interior. Varnish or oil finishes, plastics, lacquer, rubber, PVC, and resins are some of the materials that are extensively used to process or coat fabric. Automotive coated fabric is oil-repellent, rot-proof, UV resistant, water resistant, and anti-corrosive. Nowadays, numerous automotive manufacturers are using OMNAVA coated fabric upholsteries to enhance a vehicle’s performance, provide impressive design, excellent touch, durable performance, low emissions, and environmental features. OMNOVA delivers auto OEMs superior quality fabric. Overall, increasing production of automotive and rising per capita income are set to augment the coated fabrics market growth in the coming years. However, fluctuations in the prices of raw materials may hinder the market growth. Segmentation: Government Rules Regarding Vehicle Safety to Favor Growth of Transportation Segment Based on application, the market is fragmented into industrial, furniture, transportation, protective clothing, and others. Out of these, the transportation segment is projected to generate the largest coated fabrics market share during the forthcoming period fueled by the ongoing development in rail and road transportation, as well as surging sales of automobiles. These products are used the most in the automotive sector for making interiors, air bags, seats, roofing, and seat belts. Above that, the governments of several countries are putting forward various strict norms and regulations regarding vehicle safety and security. It is, in turn, aiding the manufacturers in installing air bags in every vehicle. Also, high demand for passenger and commercial vehicles would spur growth of this segment. The protective clothing segment held a share of 18.70% in 2018. Regional Analysis: Asia Pacific to Lead Backed by Growth of Construction Industry In terms ofregion, the market is classified into Latin America, North America, the Middle East and Africa, Europe, and Asia Pacific. Amongst these, in 2018, North America procured USD 7.3 billioncoated fabrics market revenue. This growth is attributable to the upsurging demand for protective clothingfrom chemical and pharmaceutical industries. Apart from that, the FDA has imposed strict rules and regulations. In Canada and the U.S., increasing usage of protective clothing and industrial machinery applications has given rise to rapid industrialization. Information source: https://www.fortunebusinessinsights.com/coated-fabric-market-102546

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