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The global medical elastomer market reached $9.57 billion in 2024, and analysts expect it to grow to $14.27 billion by 2029, with an 8.3% CAGR.

Shifting supply dynamics and evolving policies reshape the global polymer industry among changing investments and trade developments.

The global plastic recycling market is experiencing a transformative shift, presenting significant business opportunities for companies willing to innovate and adapt.

Emirates Biotech and Sulzer are joining forces to build the UAE’s world’s largest PLA production facility. This initiative aligns with global environmental goals and the UAE’s Green Agenda 2030.

In an era of the need for sustainable development and reduced environmental impact, lignocellulosic fibers (LCFs) have emerged as promising alternatives for creating eco-friendly engineering composites.

Once a surplus trade partner to the U.S., Vietnam has transitioned into a deficit position as its imports of American plastic products overgrow.

IBM’s innovative polymer optical waveguide (PWG) technology replaces traditional electrical interconnects with optical connections, offering faster, energy-efficient performance.

The global bioplastics market is experiencing unprecedented growth. It is projected to rise from USD 9.1 billion in 2020 to USD 30.9 billion by 2028 at a Compound Annual Growth Rate (CAGR) of approximately 16%.

The plastics industry is transforming under sustainability demands, with coatings driving growth through recyclable mono-material solutions replacing multilayer packaging.

In 2024, leading players in the plastics industry actively shaped the market through strategic actions, including significant mergers, acquisitions, and innovations that drive market transformation.