7 Jun 2015
Wellesley, Massachusetts – The global elastomers market is on track to reach 39 million tonnes by 2019, a compound annual growth rate (CAGR) of 3.7 percent from 2014 to 2019, according to research by BCC Research LLC.
Demand totalled nearly 31.4 million tonnes in 2013 and 32.5 million tonnes in 2014, BCC estimated in a report titled Elastomers: Applications and Global Markets.
The US firm’s study covers forecasts for the size of the market in value terms and volume terms for a range of crosslinked and thermoplastic elastomers. This includes analyses by product type, technology type, end application and geographical region.
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