The global composite adhesive market size was valued at USD 3.2 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 3.9% from 2020 to 2027.

Polystyrene is a form of polymers with thermoplastic characteristics. This peculiarity enables it to be an effective material for packaging as it can be molded.

In terms of value, the global petrochemicals market is anticipated to expand at a CAGR of 4% from 2020 to 2030.

Plasticizers or dispersants are the polymer additives that are meant for altering and enhancing the physical properties of the plasticized material.

The sealers market in North America is projected to experience moderate growth over the course of the forecast period, driven primarily by the demand for sealers to be used in driveways and parking lots.

The global Thermoplastic Elastomers market is expected to grow at a highest growth rate in the forecast period.

The market is segmented by Resin Type (Ethylene-vinyl-acetate, Styrene-ethylene-butadiene-styrene, Styrene-isoprene-styrene, Styrene-butadiene-styrene, and Other Resin Types), Product Type (Woven and Non-woven), Application (Polishing, Cutting, Grinding, and Other Applications), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa).

The pressure-sensitive adhesives market is expected to register a CAGR of over 6% during the forecast period.

The market for polystyrene is expected to grow at a CAGR of more than 4% during the forecast period.

The market for sealants is expected to register a CAGR of over 4%, during the forecast period.

The China lubricants market is expected to register a CAGR of over 2%, during the forecast period.

The market for Malaysia plastics is expected to grow at a CAGR of around 4% globally during the forecast period. The major factor driving the growth of the market studied is the rising demand from the food & beverage packaging.