Performance Elastomers Market By Size, Share, Trends, Growth, Forecast 2028 | TechSci Research

Global Performance Elastomers is expected to grow impressively due to the growing demand from the building & construction industry through 2028. In 2021, the Japanese rubber manufacturer JSR Corporation sold elastomers worth approximately USD 744.9 million.

The market's demand for Performance Elastomers is rising due to rapid industrialization across several areas. They are widely utilized in the gas and oil industries for exploration and production as modifiers for plastic and adhesive raw materials. Moreover, Performance elastomers such as neoprene and silicone are widely used in the electronic and food & beverage sectors due to their exceptional abrasion, impact, water, and flame resistance, as well as their outstanding UV, ozone, and weather resistance capabilities.
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