Automotive Elastomers Market size was valued at USD 64.3 Billion in 2023 and is expected to reach USD 91.67 Billion by 2031, growing at a CAGR of 5% from 2024 to 2031.

The market size of the Industrial Adhesives Consumption Market is categorized based on Product (Water-based Adhesives, Solvent-based Adhesives, Hot-melt Adhesives, Pressure-sensitive Adhesives, Others) and Application (Packaging, Building and Construction, Transportation, Assembly, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa). The provided report presents market size and predictions for the value of Industrial Adhesives Consumption Market, measured in USD million, across the mentioned segments.

The SBR and SSBR Market, valued at USD 5.4 Billion in 2023, is projected to reach USD 9.5 Billion by 2031, growing at a 7.4% CAGR. Key growth drivers include rising demand in the automotive and construction industries, technological advancements, and a focus on eco-friendly materials.

The Hydrogenated Styrene Block Copolymers (HSBC) market is expected to grow at a CAGR of 3.10% from 2022 to 2030. Key types, SEPS and SEBS, are used in coatings, adhesives, and plasticizers. Major markets include construction and automotive, with Asia Pacific leading growth.

The Thermoplastic Elastomers for Footwear Market, segmented by type (Styrene-based TPE, TPU, Others) and application (Canvas Shoes, Sports Shoes, Others), is set for significant growth from 2023 to 2031.

Styrene Butadiene Rubber (SBR) market was USD 10660 million in 2019, expected to reach USD 20349.37 million by 2031 with a CAGR of 5.5%.

The Thermoplastic Elastomers (TPE) Market, valued at USD 22.6 billion in 2023, is projected to reach USD 37.7 billion by 2030, growing at a 7.5% CAGR. Growth is driven by demand in automotive, consumer goods, medical devices, and industrial applications, along with trends like the shift to bio-based TPEs and urbanization.

The Paper Converting Adhesives Market is projected to reach USD XX.X billion by 2030, growing at a CAGR of XX.X% from 2024 to 2030. Key drivers include rising demand from the paper and packaging industries. Major players include HB Fuller, Henkel, and Wacker Chemie.

The global polymer modified bitumen (PMB) market is expected to grow from USD 11,829.1 million in 2024 to USD 19,169.4 million by 2034, with a CAGR of 4.9%. Advances in technology and increased infrastructure spending drive this growth. PMBs offer durability, flexibility, and environmental resistance, crucial for sustainable construction despite high costs.

The Thermoplastic Elastomers for Footwear Market, valued at USD xx.x Billion in 2023, is expected to reach USD xx.x Billion by 2031, with a CAGR of xx.x% from 2024 to 2031. Key drivers include technological advancements and increasing consumer demand.

The Bookbinding Adhesives Market is projected to reach USD XX.X billion by 2031, with a CAGR of XX.X% from 2024 to 2031. Growth is driven by technological advancements, eco-friendly products, and strategic partnerships.

The styrene block copolymer (SBC) market covers the production and use of elastic, flexible, and durable thermoplastic elastomers made from styrene and diene monomers. Used in automotive, construction, packaging, footwear, and adhesives, the market is driven by demand for high-performance materials, sustainability, and advancements in polymer technology. Major players include Kraton Corporation, LCY Chemical Corp, and BASF SE.