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This book was written to support an area of very significant technical and industrial interest in the field of polymer development. Major advancements have occurred in preparing useful polymer blends, in most cases using some form of compatibilization. While physical compatibilization using block copolymers was the technique of choice in the past, increasingly, reactive approaches have been used. Over the last 30 years, polymer blends of many types have become the dominant material class of polymers in commercial practice. This book deals with the reactive polymer blending in the development of new polymer materials, which attain the specific mechanical properties due to unique combination of their component polymers. Many polymer blends have been developed economically for the major applications in transportation, electronic, appliances, and packaging.