Thermoplastic Elastomers (TPE) Market 2013-2023

Thermoplastic Elastomers (TPE) MarketThermoplastic Elastomers (TPE) Market 2013-2023 PR Newswire LONDON, November 19, 2013 The Thermoplastic Elastomers market will be driven by ongoing product innovation on the part of Thermoplastic Elastomers manufacturers, allowing Thermoplastic Elastomers to continue to displace traditional elastomers and thermoplastics in a variety of applications. In major industries there has been a major shift from PVC to Thermoplastic Elastomers which is expected to drive the market forward in the next 10 years. There is significant growth in the Medical Thermoplastic Elastomers market expected in the next years because of the increase in demand for non-latex alternative products. Thermoplastic Elastomers are often used for medical applications requiring a PVC free or non-latex alternative. Thermoplastic Elastomers have an added advantage in this field because they are cost effective as an alternative to silicone. The Global Thermoplastic Elastomers market will also continue to grow because of the increase in the amount of innovation in the end use of Thermoplastic Elastomers. More materials and uses are being found for TPEs which will continue to grow the market rapidly in the next 10 years. For example there have been many developments in the use of 'soft touch TPEs', which are found in car interiors, razors, telephones and pens.