The global wood adhesives and binders market size was USD 19610 million in the year 2022 and will touch USD 26660 million by 2028, at CAGR of 5.3% during the forecast period.
The global wood adhesives and binders market size was USD 19610 million in the year 2022 and will touch USD 26660 million by 2028, at CAGR of 5.3% during the forecast period.
Thermoplastic elastomers, or TPE, are a broad class of polymer that includes a multi-phase polymer system. With so many variations and corresponding differences in properties and cost, how do you know which is right for your application?
The global composite adhesives market size was USD 1159.6 million in 2019 and will touch USD 1581.4 million by 2026, exhibiting a CAGR of 4.5% during the forecast period.
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.