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.
The global demand for adhesive tapes stood nearly US$ 62.5 Bn At present and is projected to reach over US$ 111.6 Bn by 2027.
The Asia-Pacific thermoplastic elastomer market is estimated to witness a healthy growth, at an estimated CAGR of over 6.5%, over the forecast period.
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.