Rising demand from emerging markets and growth of transportation industry globally are expected to offer significant growth opportunities to manufacturers of automotive silicone. Electrical segment accounted for the second largest share in the automotive silicone market in terms of value.
New York, June 16, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Automotive Silicone Market by Type, Application And Region - Global Forecasts to 2027" - https://www.reportlinker.com/p05493871/?utm_source=GNW The electrical segment had a share of 27.7% in the overall automotive silicone market, in terms of value, in 2021. Silicones are used in ignition cables, also known as “spark plug wires” which are a part of the ignition system. They transfer the spark from the distributor or ignition coil to spark plugs that ignite the air-fuel mixture, starting the engine. These spark plug wires are insulated with multiple layers of silicone to prevent jumping of sparks to adjacent wires and causing misfires. Engines is the second fastest growing automotive silicone application. Radiator sealant in engines is a chemical that is applied to the radiator wall and forms a coating around it to prevent leakage.Automotive silicone is one of the most versatile material that is used in radiator seals. Automotive silicones are available in various forms, such as sealant, tape, and epoxy. Automotive silicone seals are more used as they last longer than the rubber seals that are present in the market. Europe is estimated to be the second-largest market for automotive silicone Europe is the second-largest market for automotive silicone.Germany, Italy, France, Spain, and the UK are the major countries in the European automotive silicone market. The region has a strong industrial base in developed economies such as the UK, France, Italy, Spain, and Germany.The trend of reducing vehicle weight to increase fuel efficiency is driving the market for automotive silicones in the transportation industry in Europe. Germany was the largest market for automotive silicones in Europe in 2021. The key reason for Germany being the largest automotive silicones market in the region is the presence of a huge automobile industry in the country. In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the automotive silicone market, and information was gathered from secondary research to determine and verify the market size of several segments. • By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30% • By Designation: C Level Executives– 20%, Directors – 10%, and Others – 70% • By Region: APAC – 30%, Europe – 30%, North America – 20%, the Middle East & Africa –10%, and South America- 10% The key players in this market are The Dow Chemical Company (US), Wacker Chemie AG (Germany), Momentive (US), Shin-Etsu Chemical Co. Ltd. (Japan), Elkem ASA (Norway), Evonik Industries AG (Germany), Gelest Inc. (US), Henkel (Germany), Primasil Silicones (UK), and Siltech Corporation (Canada). Research Coverage: The report offers insights into the automotive silicone market in key regions.It aims at estimating the size of the automotive silicone market during the forecast period and projects future growth of the market across various segments based on type, application, and region. The report also includes an in-depth competitive analysis of the key players in the automotive silicone market, along with company profiles, MNM view, recent developments, and key market strategies. Key Benefits of Buying the Report From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market share ranking of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the automotive silicone market; high growth regions; and market drivers, restraints, opportunities, and challenges. Read the full report: https://www.reportlinker.com/p05493871/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
(Bloomberg) -- China’s chip industry is growing faster than anywhere else in the world, after US sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components.Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapBiden Says US Recession Avoidable After Call With Ex-Treasury Secretary SummersPutin May Win in Ukraine, But the Real War Is Just StartingHousing’s Slowdown Has Economy on the EdgeRuble Soars to 7-Year
(Reuters) -Former Tesla Inc employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out a "mass layoff" violated federal law as the company did not provide advance notice of the job cuts. The lawsuit was filed late Sunday in Texas by two workers who said they were terminated from Tesla's gigafactory plant in Sparks, Nevada, in June. According to the suit, more than 500 employees were terminated at the Nevada factory.
The Oracle of Omaha regularly buys back Berkshire Hathaway shares too.
(Bloomberg) -- Europe’s resolve to stop buying Russian crude may be starting to ebb.The continent’s oil refineries took 1.84 million barrels a day of crude from Russia last week, according to tanker tracking data compiled by Bloomberg. That was the the third consecutive weekly increase and took flows from Russia to Europe, including Turkey, to their highest in almost two months.Partly it was about Litasco SA, the trading unit of Russia’s largest oil producer, taking barrels to the company’s refi
Considering where Zoom shares are trading now, even Ark's bearish scenario implies plenty of upside ahead.
(Bloomberg) -- Tesla Inc. is cutting its salaried workforce by about 10% over the next three months, resulting in a reduction of as much as about 3.5% in the electric-car maker’s total headcount, Chief Executive Officer Elon Musk said.Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapBiden Says US Recession Avoidable After Call With Ex-Treasury Secretary SummersPutin May Win in Ukraine, But the Real War Is Just StartingHousing’s Slowdown Has Economy on the E
(Bloomberg) -- China continued to snap up Russian energy products last month, including a record quantity of crude oil, lifting purchases to $7.47 billion -- about $1 billion more than April and double the amount of a year ago.Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapPutin May Win in Ukraine, But the Real War Is Just StartingHousing’s Slowdown Has Economy on the EdgePutin Gets Unexpected Pushback From Ally Over War in UkraineGiant Cruise Ship’s Maid
(Bloomberg) -- Stocks climbed in Europe and Asia on Tuesday, US equity futures pointed higher and Treasuries retreated amid improved investor sentiment compared with last week’s rout in global shares.Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapBiden Says US Recession Avoidable After Call With Ex-Treasury Secretary SummersPutin May Win in Ukraine, But the Real War Is Just StartingHousing’s Slowdown Has Economy on the EdgeRuble Soars to 7-Year High Promp
Futures rose as Bitcoin rebounded. It's a bear market, so stay safe. Tesla rival BYD is among a few stocks setting up.
(Bloomberg) -- Agricultural commodities fell as traders weighed an improved outlook for global food supplies, with signs pointing to burgeoning palm oil exports from Indonesia and a large Russian wheat crop this season.Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapBiden Says US Recession Avoidable After Call With Ex-Treasury Secretary SummersPutin May Win in Ukraine, But the Real War Is Just StartingHousing’s Slowdown Has Economy on the EdgeRuble Soars t
SINGAPORE (Reuters) -Oil prices rose on Tuesday, clawing back more of last week's losses as investors focused on tight supplies of crude and fuel products rather than concerns about a recession dampening demand going forward. U.S. West Texas Intermediate (WTI) crude futures for July, which expire later on Tuesday, rose to $111.19 a barrel, up $1.63, or 1.5%, from Friday's close. "Supply concerns are likely to persist in the coming months as OPEC+ countries, the world's major oil producers, may not have enough spare capacity... The summer travelling season and China easing its COVID-19 restrictions will push demand to grow further," said Leona Liu, analyst at Singapore-based DailyFX.
In this piece we will take a look at the ten best falling stocks to buy right now. If you want to skip our introduction of the companies and the general economic outlook, jump right ahead to 5 Best Falling Stocks to Buy Right Now. The start of 2022 had a tinge of optimism to […]
(Bloomberg) -- The US should do more to attract overseas chipmakers to build plants on its territory as a matter of national security, former Google chief Eric Schmidt wrote in an opinion piece published Monday.Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapBiden Says US Recession Avoidable After Call With Ex-Treasury Secretary SummersPutin May Win in Ukraine, But the Real War Is Just StartingHousing’s Slowdown Has Economy on the EdgeRuble Soars to 7-Year
The Microstrategy CEO, who turned his software company into a bet on Bitcoin, believes competing digital tokens and many crypto stakeholders like exchanges scare off professional investors due to "all the slime that gets onto the asset class" from their unregulated behavior.
A decline in earnings could be the next shoe to drop for investors. But it’s all a prelude to the best buying opportunity in decades.
The S&P 500 has plunged over 23%, but a stock market downturn isn’t the only thing to worry about.
Lifting sentiment Tuesday were comments from President Joe Biden, who said a U.S. recession isn't 'inevitable.'
Stock splits are getting a lot of attention this summer: Amazon just completed its 20-for-1 split, Alphabet's 20-for-1 action is coming up fast, Shopify approved a 10-for-1 split, and Tesla's board of directors just signed off on a 3-for-1 split. Fortinet shares will be divvied up on June 22, leaving shareholders on June 23 with five shares for every one they owned prior. As a reminder, the share price will also be divided by five to adjust accordingly, so the value of Fortinet as a company is not changing.
(Bloomberg) -- A lithium miner in Australia that counts Tesla Inc. as a future customer said its first shipment of the key battery material from its flagship project is expected by the end of the year.Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapBiden Says US Recession Avoidable After Call With Ex-Treasury Secretary SummersPutin May Win in Ukraine, But the Real War Is Just StartingHousing’s Slowdown Has Economy on the EdgeRuble Soars to 7-Year High Prom
(Bloomberg) -- Empty container boxes crucial for Asia’s exporters are getting stuck in the port of Rotterdam as a growing backlog of undelivered goods at Europe’s export hub forces ocean carriers to prioritize shipments of filled boxes.Most Read from BloombergUS Futures Gain With European Stocks; Dollar Slips: Markets WrapBiden Says US Recession Avoidable After Call With Ex-Treasury Secretary SummersPutin May Win in Ukraine, But the Real War Is Just StartingHousing’s Slowdown Has Economy on the