November 17, 2017 9:05 AM
The surging demand for waste reduction, recyclability, and low weight vehicles will stimulate Thermoplastic Elastomers Market significantly over the coming six years. TPE based products are prominently used in construction, medical, automobile, and footwear industries, which will fuel the global TPE industry trends significantly. According to Global Market Insights, Inc., “Worldwide (TPE) thermoplastic elastomers market share is anticipated to record a CAGR of more than 6% over the coming six years. The government is trying to reduce carbon and GHG emissions by applying stringent rules and regulations on plastic usage, which will, in turn, enhance TPE industry outlook.
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