thermoplastic elastomers market, Trends, Analysis, Future Opportunities, and Industry Forecasts 2021 to 2030
Large Sales of White Goods to Drive Global Thermoplastic Elastomers Market Demand Thermoplastic elastomers (TPEs) are polymeric materials which are processed in the same manner as plastic but possess rubber-like properties. They possess properties of flexibility, thermal resistance, shock absorption, and dimensional stability. The global thermoplastic elastomers market report by Market Research Future (MRFR) contains predictions combined with factors and challenges for the period between 2022 and 2030 (forecast period). Market Scope The thermoplastic elastomers market growth is poised to touch a skyrocketing valuation by 2023 due to easy production methods of TPEs and its recyclable nature. The increasing demand for TPEs in the automotive industry can drive its market demand exponentially. TPEs are used in mudguard components, side bumpers, fuel line coverings, door handles, door weather strips, and vents. They are used to reduce the weight of vehicles to lower carbon emissions. Env