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Thermoplastic Elastomers Market Research Foreseen to Grow Exponentially by 2026<br>
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©2019 Transparency Market Research, All Rights Reserved Thermoplastic Elastomers Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 ©2019 Transparency Market Research, All Rights Reserved
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©2019 Transparency Market Research, All Rights Reserved Thermoplastic Elastomers Market - Snapshot • Thermoplastic elastomers are materials that possess properties of both elastomers and plastics. All thermoplastic elastomermaterialsare based on a hard thermoplasticand a soft elastomer. • Thermoplastic elastomers are eco-friendly in nature. They are easy to recycle. The unique combination of properties of vulcanized rubber and easy processability of thermoplastic makes thermoplastic elastomers suitable to be used in a wide range of applications in end- user industries such as automotive, building & construction, medical, consumer goods, and others. • Thermoplastic elastomers have excellent physical properties such as high dimensional stability,chemicalinertness, good vaporand gastransmissionproperties,and flexibility. • View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Asia Pacific to Gain Prominence Due to High Demand from End Use Industries • Considering the segmentation thermoplastic elastomers market is split into the key regions of Asia Pacific, Middle East and Africa, Europe, Latin America, and North America. based on regions, the global • These regional classifications are likely to provide a glimpse of the local market at a micro level. • Asia Pacific is estimated to be one of the leading regions in the global thermoplasticelastomersmarket overthe assessment tenure. • High demands from various end use industries like footwear industries, building and construction, and automotive is likely to encourage growth ofthe globalthermoplasticelastomersmarket. • India and China are two significant regions for the Asia Pacific thermoplastic elastomers market that contribute substantially for the growth of the market in forthcomingyears.
©2019 Transparency Market Research, All Rights Reserved Increased Demand for Automotive Industry to Propel Growth of the Market • The global thermoplastic elastomers market is estimated to ride high on the ability of the product to be customized as per the specific needs of each medical application. • Medical devices are often exposed to a wide range of fluids and liquids that lessen effectiveness of this type of devices. In an effort to avert this, manufacturers of medical equipment opt for use of thermoplastic elastomer materials over other materials such as phthalate,PVC, andlatex-basedmaterials. • Thermoplastic elastomers are highly resistant to various chemicals, which escalates their increased uptake. ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Key players operating in the global thermoplastic elastomers market • • • • • • • Exxon Mobil Corporation Covestro Huntsman Corporation BASF SE E.I. du Pont de Nemours and Company Celenese Corporation PolyOne Corporation ©2019 Transparency Market Research, All Rights Reserved
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