The global Thermoplastic Elastomers Market is estimated to be valued at US$25.2 billion in 2021 and is expected to exhibit a CAGR of 6.9% over the forecast period 2022-2030.
A) Market Overview:
Thermoplastic elastomers are versatile materials that have both the properties of rubber and plastic. These materials offer superior elasticity, flexibility, and recyclability, making them ideal for various applications in industries such as automotive, ... Read more
The thermoplastic elastomers market is estimated to be valued at US$ 28.8 Bn in 2023 and is expected to exhibit a CAGR of 6.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Thermoplastic elastomers are a class of copolymers or a physical mix of plastic and rubber, which has both thermoplastic and elastomeric properties. They are ... Read more
Thermoplastic elastomers are specialty polymers that exhibit both thermoplastic and elastomeric properties. These find extensive usage in applications such as footwear production, industrial goods manufacturing, automotive parts fabrication and more. Thermoplastic elastomers offer benefits such as easy recyclability, flexibility at room temperature and strength at higher temperatures. They have superior mechanical and physical properties as compared to conventional rubber and plastics. ... Read more