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.

The rising per capita income is leading to a massively increasing consumer spending, especially in developing countries.

The thermoplastic elastomers (TPE) market comprises segments including styrene block copolymer (SBC), thermoplastic polyolefin (TPO), thermoplastic vulcanizate (TPV), thermoplastic polyurethane (TPU), copolyester elastomer (COPE), and poly ether block amide (PEBA).

The global thermoplastic polyurethane market is estimated to witness a healthy growth, at an estimated CAGR of over 3.5%, over the forecast period.

The Global Gloom Chorus Rings Loud in the Industrial Rubber Products Market. Revenues Dip by a Painful $16. 4 Billion.

The India medical plastics market size was valued at USD 156.6 million in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 15.2% from 2020 to 2030.

The global Styrenic Block Copolymer market size was valued at USD 7.4 billion in 2019 and is expected to expand at a CAGR of 4.6% from 2020 to 2027.

The global adhesives and sealants market size was valued at US$ 44.1 billion and US$ 10.4 billion respectively in 2019 and expected to grow at a compound annual growth rate (CAGR) of 6.7% and 6.1% during the forecast period 2020 to 2027.

The Turkey automotive plastic compounding market size is anticipated to reach USD 421.3 million by 2027, expanding at a CAGR of 5.4% from 2020 to 2027.

The thermoplastic elastomers (TPE) market comprises segments including styrene block copolymer (SBC), thermoplastic polyolefin (TPO), thermoplastic vulcanizate (TPV), thermoplastic polyurethane (TPU), copolyester elastomer (COPE), and poly ether block amide (PEBA).

The US medical tubing market size is estimated to be valued at USD 2.6 billion in 2020 and projected to reach USD 2.9 billion by 2021, at a CAGR of 13.2% during the same period. The demand for medical tubing is driven mainly by its growing demand in various applications such as drug delivery, catheter & cannulas, bulk disposable tubing, and special application.

Transparency Market Research delivers key insights on the Americas & Europe thermoplastic composite market for oil & gas industry.