by Corinne Gangloff
October 2, 2020
Leading suppliers to the $21 billion global thermoplastic elastomer (TPE) market are moving to increase their additive manufacturing expertise by integrating 3D printing into their operations, indicating the importance of this market sector to long-term growth strategies. For example:
Though a relatively small segment of the global TPE market, thermoplastic polyurethanes (TPUs) are favored in 3D printing applications –notably in the production of aerospace parts ¬– due to their:
Looking for More Information on the Global TPE Market?
The global market for thermoplastic elastomers (TPEs) is forecast to grow 3.0% annually through 2024 to 7.0 million metric tons as penetration continues to expand in both developing and developed parts of the world and new TPE grades and compounds that improve performance continue to be developed.
Global Thermoplastic Elastomers, now available from The Freedonia Group, analyzes the global market for TPEs (defined as any thermoplastic material that exhibits elastomeric properties) by type and market. Historical data (2009, 2014, and 2019) and forecasts for 2024 are presented for global TPE demand in metric tons by product and market on a country-by-country and region-by-region basis.
TPE types encompassed in this study include:
End-use markets for TPEs comprise:
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