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OverviewAPI
The global elastomers market is set to expand significantly, with a projected CAGR of 7.9% from 2023 to 2028, reaching $153.5 billion. The Asia-Pacific region, particularly China, Vietnam, Indonesia, and India, is anticipated to witness rapid growth. Major players like DuPont and Covestro AG are collaborating to strengthen their presence in the elastomer industry, used extensively in automobile applications.

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