The global thermoplastic elastomer (TPE) market is expected to register a CAGR of 6.24% during 2018 to 2023 (the forecast period). Asia-Pacific was the largest market in 2017, accounting to around 47% of the global market share.
Manufacturers of major appliances and their components know the value of thermoplastic elastomers (TPEs): They provide rubber-like elasticity without the design and processing limitations of rubber, and offer performance advantages over flexible PVC.
Thermoplastic elastomers (TPEs) are a class of copolymers (typically a mixture of rubber and plastic) that contain materials with both elastomeric and thermoplastic properties.
Automotive Thermoplastic Elastomers (TPE) Market size may have positive outlook in manufacturing bumper, internal lining, foot mats and external styling car body.
SBS modified bitumen roofs or styrene butadiene styrene roofs are made by modifying the asphalt in a modified bitumen roof. This forms a polymer mesh inside the bitumen giving it rubber-like consistency.
The global medical elastomers market is mainly driven by factors such as advancements in the thermoplastic elastomer (TPE) processing technology, growing demand for medical products incorporating elastomers, increasing government support, and rising awareness among people on improved healthcare facilities.
The global SEBS market is expected to grow at an exponential CAGR in the years to come. A thermoplastic elastomer that comprises styrene in it is known as SEBS. SEBS is also popularly known in its expanded form that is Styrene Ethylene Butylene Styrene.
Hot melt adhesives, also known as hot glue, and are in the form of thermoplastic adhesive which is applied using a hot glue gun. The variety of polymers in this class is wide and includes both natural and synthetic ones. It is commonly sold as solid cylindrical sticks of various diameters and can also be applied by spraying or dipping.
Thermoplastic elastomer compounds have a soft touch that is appealing and beneficial for consumer goods. TPEs are also useful in seals or in bottle-cap liners.
The global EPDM market size is projected to reach USD 7.2 Billion by 2020.
Road signs and road marking with paint, commonly known as road marking paint, there are room temperature type, heating type and melting type.