Elastomer is extensively used in the automotive industry due to its properties such as resistance to oil, grease, and ozone; impact strength; and good resilience.

Plastic compounding, a process in which plastics are melted and blended with additives to change their physical, thermal, electrical, or aesthetic characteristics to be used for manufacturing plastic formulations.

Global Styrenic Block Copolymers Market Trajectory & Analytics to 2027: U.S. The market is Estimated at $2 Billion, China to Grow at 8% CAGR

The global synthetic thermoplastic elastomers (TPE) market is expected to grow from USD 25.60 billion in 2019 to USD 42.46 billion by 2027, at a CAGR of 6.53% during the forecast period 2020-2027.

The global styrene butadiene styrene market is expected to exhibit a strong CAGR of close to 7% over the forecast period from 2020to 2025, according to the latest research report from Market Research Future (MRFR).

Pressure Sensitive Adhesives Market size was valued at close to $7 billion in 2018 and will exhibit growth with around 6% CAGR from 2019 to 2026.

Adhesives and sealants based on styrene butadiene copolymers (SBCs) are both useful and unusual. They have the solubility and thermoplastic nature of polystyrene.

TPEs are a special group of polymers that are flexible like vulcanized rubber and processible like thermoplastics.

The global waterproofing membrane market was estimated at USD 19.31 billion in 2017, and it is projected to reach USD 25.13 billion in 2023.

Styrene Butadiene Rubber (SBR) is the highest volume general purpose synthetic rubber.

South Korea synthetic rubber market is expected to show significant market growth during the forecast period.

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.