Thermoplastic Elastomers Market Analysis- Size, Share, Growth, Trends and Forecasts, 2015 To 2022: Grand View Research

Global thermoplastics elastomers market is expected to witness high growth on account of developing automotive industry over the forecast period. Thermoplastics elastomers possess high flexibility feature and can be used in any complex structure. This property is expected to replace synthetic and natural rubber over the forecast period. Thermoplastics elastomers are environment friendly in nature and can be easily melted & reused without any harmful residue release. In contrary, synthetic and natural rubber releases heavy PVCs toxic residue into the atmosphere. Therefore, this is expected to further replace synthetic & natural rubber over the forecast period. Thermoplastics elastomers offer resistance towards oxidation, chemicals and give enhanced finishing to end use products. Growing demand for EPDM & EPR replacements in rubber industry is expected to drive global thermoplastics elastomers market over the forecast period. Surging demand from end use industries for cosmetic cases, c
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