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.

The Pressure Sensitive Adhesives Market is projected to reach USD 14.5 billion by 2030, with a CAGR of 6.3% from 2022 to 2030. Growth is driven by increasing demand in labels and tapes, especially in the Asia Pacific, and advancements in PSA technology. Challenges include raw material costs and technical expertise shortages.

Explore expert insights and industry analysis of the Global Styrenic Block Copolymer Market from 2024 to 2032, covering market dynamics, key players, and future trends.

SBCs are widely used thermoplastic elastomers in adhesives, sealants, and other applications. Despite market saturation, demand grows in medical, healthcare, and construction industries. Innovations and sustainability efforts, such as HSFC, drive market evolution.

In May 2024, US TPE prices rose 2% due to higher Styrene and Ethylene costs from supply shortages.

The Rubber Mold Release Agents Market is expected to grow significantly by 2031, driven by demand from automotive, construction, and aerospace industries, with a focus on eco-friendly and advanced technologies.