The global automotive elastomers market is expected to flourish at a significant CAGR of 5.72% during the forecast period according to the latest report from Research Nester. Moreover, the global automotive elastomers market is expected to garner USD 9.2 Billion by the end of 2024. Asia-Pacific captures the largest market share in the global automotive elastomers and is likely to showcase a lucrative growth over the forecast period.
The adhesive industry is booming, and that trend likely will continue, according to most industry experts. According to a Business Insider's report, most researchers expect the market to increase by 60 percent from the final 2016 number of $7.39 billion to over $12 billion by 2023. This translates to a compounded annual growth rate (CAGR) of 7.3 percent.
The adhesive industry is booming, and that trend likely will continue, according to most industry experts. According to a Business Insider's report, most researchers expect the market to increase by 60 percent from the final 2016 number of $7.39 billion to over $12 billion by 2023. This translates to a compounded annual growth rate (CAGR) of 7.3 percent.
The global thermoplastic polyester elastomer (TPEE) market size was estimated at USD 845.2 million in 2016. Rising substitution of thermosets and other conventionally heavy materials such as metals and wood is expected to remain a key driving factor for the industry over the forecast period.
Kuraray is exhibiting its new polymer Septon Bio along with Hybrar, Eval, Genestar and new Mowiflex at Fakuma
The global styrenic block copolymers (SBCs) market size was USD 5.82 billion in 2015 and is expected to witness considerable growth owing to its usage in industries such as paving & roofing, footwear, adhesives & sealants, and wires & cables.
Nylons, PPA, and PPS for high heat and chemical resistance and/or high strength with light weight
APune, India - Synthetic rubber market expected to register a CAGR of 5.5% during the forecast period of 2017-2022 according to the latest report from Research and Markets. Synthetic rubber is mostly produced from crude oil and natural gas, by the polymerization of monomers.
Leading snowshoe manufacturer TSL Outdoor selected two Dryflex thermoplastic elastomer grades from global compounding group HEXPOL TPE for their hyper-flexible and lightweight snowshoes.
The agreement reportedly intends for BASF to further develop a new class of high-performance automotive coatings based on Sirrus’ proprietary methylene malonate technology.
Market trends and consumer demands for enhanced ergonomic feel and touch, grippability, aesthetics, cushioning against impact, vibration isolation and insulation have driven novel developments in thermoplastic elastomers for overmolding applications.
For more than two millennia, asphalt bitumen has been used as a key raw component in the construction industry. Long before the first oil refinery produced its first barrel of asphalt, builders and waterproofers used natural sources of asphalt for various applications. References to the use of asphalt are scattered throughout antiquity—early references in texts such as the Bible include the use of pitch or bitumen in the building of the Tower of Babel.