Global Medical Thermoplastic Elastomers

Report Overview

Featuring 40 tables and 30 figures – now available in Excel and Powerpoint! Learn More

This study analyzes the global medical market for thermoplastic elastomers (TPEs) by region and product. For the purposes of this study, a thermoplastic elastomer is defined as any thermoplastic material that exhibits elastomeric properties; TPEs therefore offer the functional performance characteristics of thermoset rubber but are processed using the methods and machinery of rigid thermoplastics.

TPEs covered in this report are:

• copolyester elastomers (COPEs)
• polyolefin elastomers (POEs)
• styrenic block copolymers (SBCs)
• thermoplastic polyolefins (TPOs)
• thermoplastic polyurethanes (TPUs)
• thermoplastic vulcanizates (TPVs)
• specialty types

SBCs that do not exhibit elastomeric properties (i.e., high styrene products that contain roughly 60% or more styrene) are excluded from the scope of this study.

While TPOs and TPVs are “polyolefin elastomers” in a technical sense, they are defined separately for the purposes of this study. Furthermore, vulcanized olefin elastomers such as EPDM and ethylene-propylene rubber are not TPEs and are thus excluded.

Compounds with vulcanized elastomers are considered to be TPVs rather than TPOs. Various sources and manufacturers differ on the degree of vulcanization required to define an olefinic TPE as a TPV, so estimates of current global demand can vary.

Historical data (2009, 2014, and 2019) and forecasts for 2024 are presented for medical TPE demand in metric tons.

How will the COVID-19 coronavirus impact the global economy? The Freedonia Group is tracking recent developments and analyzing their impact in an easy to follow Economic Impact Tracker.