Thermoplastic Elastomers Market

Thermoplastic Elastomers Market

Thermoplastic Elastomers Market | IndustryArc

Thermoplastic Elastomers also referred to as thermoplastic rubbers, are a class of copolymers or a physical mix of polymers (usually a plastic and a rubber) which consist of materials with both thermoplastic and elastomeric properties. Thermoplastics are relatively easy to use in manufacturing, for example, by injection molding. Thermoplastic Elastomers show advantages of being both rubbery materials and plastic materials and this very property is used for the advantage in Thermoplastic Elastomers Market.

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In Thermoplastic Elastomers Market, the material to qualify as a Thermoplastic Elastomer must have these three necessary properties:

  • The ability to be stretched to moderate elongations and, upon the removal of stress, return to something close to its original shape (the ability to shift back to its original shape and size after tension on the material is released).
  • Process-able as a melt at increased temperature.
  • Absence of significant creep (deformation).

Thermoplastic Elastomers are used where conventional elastomers cannot provide the range of physical properties needed in the product. These materials find large application in the automotive sector and in household appliances sector. About 40% of all Thermoplastic Elastomer products are used in the manufacturing of vehicles. These are few of Thermoplastic Elastomers Market applications and more detailed report is as follows,

For instance co-polyester Thermoplastic Elastomers are used in snowmobile tracks where stiffness and abrasion resistance are at a premium, used for catheters where nylon block copolymers offer a range of softness ideal for patients, used for extrusion of glass run and dynamic weather-stripping car profiles, used in shoe soles for their ease of processing, and widely as adhesives are the wide range of uses of Thermoplastic Elastomers Market.

Thermoplastic Elastomers Market in Industries is commonly used to make suspension bushings for automotive performance applications because of its greater resistance to deformation when compared to regular rubber bushings, may also be used in medical devices. Thermoplastic Elastomer is also finding more and more uses as an electrical cable jacket and inner insulation. Thermoplastic Elastomer is also used in some headphone cables.

According to IndustryARC report, the leading region in Thermoplastic Elastomers Market is North America, followed by APAC and Europe, South America and ROW.

According to the market research report generated by market research firm IndustryARC, The key players of Thermoplastic Elastomers Market are:

  • Dow Chemical (U.S.)
  • BASF SE (Germany)
  • E. I. du Pont de Nemours and Company
  • Evonik Industries (Germany)
  • Alliance Polymers & Services

To end, Thermoplastic Elastomers Market is a profitable industry for investment since there is a lot of scope for development.

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