Plastomers Market to Exceed US$3.1 bn by 2025: Global Market Insights, Inc.
Major healthcare manufacturer registered consistent growth in the past few years due to rising aging population and increasing government spending on healthcare in
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Volatile raw material prices as the plastomer production largely depends on crude oil, is likely to impede the global plastomers market growth by 2025. However, long term procurement contracts with the raw material suppliers and propelling product demand across several end-user industries such as packaging, pharmaceutical, automotive, construction industry, etc. will generate sufficient opportunities for the market by 2025.
Ethylene butene plastomers market share is expected to exhibit gains of more than 5.5% by 2025. Ethylene butene have better toughness and high melt strength than other commercially available plastomer, which makes it preferable for applications such as wire & cable and impact modification of various thermoplastic resins. These plastomer are designed for use as cling component in multi-layer stretch film and surface protective films. They are also applicable as multilayer cast film owing to its excellent tensile extension and elastic recovery properties.
Based on the application, plastomers market share for adhesives contributed close to
Browse key industry insights spread across 246 pages with 409 market data tables & 26 figures & charts from the report, "Plastomer Market Size By Product (Ethylene Propylene, Ethylene Butene, Ethylene Hexene, Ethylene Octene), By Applications (Adhesives, Compounding Foams,
https://www.gminsights.com/industry-analysis/plastomer-market
Some of the key plastomer companies in the market are Exxon Mobil, Dow Chemical,
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