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  Market Synopsis According to the MRFR analysis, the Global Elastomers Market is expected to reach over ~USD 107.1 Billion by the end of 2025 at a CAGR of ~4.8%. Elastomers  are amorphous polymers exhibiting characteristics of rubber in terms of flexibility and elasticity. Various elastomeric products on the account of their high abrasion and heat resistance are used in numerous industrial applications. For instance, TPUs offer excellent mechanical strength and low creep thus are used to manufacture conveyor belts. The rising demand for high-performance elastomers in the automotive and medical industries are the key factors favoring the growth of the elastomers market. Pricing and Regulatory Analysis In 2018, the price of elastomers increased from USD 0.19 to USD 0.40 between 2016 and 2018 and is likely to observe a gradual upsurge during the forecast period owing to fluctuating raw material and crude oil prices. The stringent standards for elastomer analysis may favor the d

  Market Synopsis According to the MRFR analysis, the  Global Elastomers Market  is expected to reach over ~ USD 107.1 Billion   by the end of 2025  at a  CAGR  of  ~4.8%. Elastomers are amorphous polymers exhibiting characteristics of rubber in terms of flexibility and elasticity. Various elastomeric products on the account of their high abrasion and heat resistance are used in numerous industrial applications. For instance, TPUs offer excellent mechanical strength and low creep thus are used to manufacture conveyor belts. The rising demand for high-performance elastomers in the automotive and medical industries are the key factors favoring the growth of the elastomers market. Pricing and Regulatory Analysis In 2018 , the price of elastomers from  USD 0.19 to USD 0.40  between  2016 and 2018  and is  likely to observe a gradual upsurge during the forecast period owing to fluctuating raw material and crude oil prices . The stringent standards for elastomer analysis may favor

  Market Synopsis According to the MRFR analysis, the  Global Elastomers Market  is expected to reach over ~ USD 107.1 Billion   by the end of 2025  at a  CAGR  of  ~4.8%. Elastomers are amorphous polymers exhibiting characteristics of rubber in terms of flexibility and elasticity. Various elastomeric products on the account of their high abrasion and heat resistance are used in numerous industrial applications. For instance, TPUs offer excellent mechanical strength and low creep thus are used to manufacture conveyor belts. The rising demand for high-performance elastomers in the automotive and medical industries are the key factors favoring the growth of the elastomers market.   Pricing and Regulatory Analysis In 2018 , the price of elastomers increased from  USD 0.19 to USD 0.40  between  2016 and 2018  and is  likely to observe a gradual upsurge during the forecast period owing to fluctuating raw material and crude oil prices . The stringent standards for elastomer anal