LONDON (ICIS)--Europe styrene spot prices have risen since the start of the month, on higher prices in Asia where demand has jumped after China prices surged after the National Day Golden Week holiday.
The global hot melt adhesives market size was valued at USD 6.53 Billion in 2019 and expected to reach USD 9.95 billion by 2027, with at a compound annual growth rate (CAGR) of 5.4% during the forecast period 2020 to 2027.
According to the report published by Zion Market Research, global demand for Styrenic Block Copolymer (SBC) market was valued at approximately USD 5.2 Billion in 2019, and is expected to generate revenue of around USD 11.8 Billion by end of 2026, growing at a CAGR of around 4-5% between 2020 and 2026.
The global plastic compounding market size is anticipated to reach USD 87.8 billion by 2027, expanding at a CAGR of 5.2% over the forecast period.
The wearable adhesive market was valued at USD 294.21 million in 2019 and is expected to reach USD 617.43 million by 2025, at a CAGR of 13.15% over the forecast period 2020 - 2025.
Thermoplastic elastomers are low-modulus, flexible materials. Their building-block polymers vary and can include styrenic block copolymers, olefins, thermoplastics, and other materials.
he uncontrolled and rapid spread of COVID-19 has caused demand destruction across various industries, with some sectors such as tourism, aviation, automotive, and construction more heavily impacted than others.
The Turkey automotive plastic compounding market size was valued at USD 278.9 million in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2020 to 2027.
In terms of value, the global adhesives & sealants market for manufacturing industry is expected to cross US$ 33.3 Bn by 2030, expanding at a CAGR of ~8% during the forecast period.
The global expanded polystyrene market size was valued at USD 9.7 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2020 to 2027.
The global recycled plastic market size was valued at USD 45.1 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% from 2020 to 2027.
U-TPE and Alibaba have in-depth cooperation between a organization and a company, which will co-host the 6th Global Elastomer Summit.