In the total elastomers market, the thermoplastic elastomers (TPE) segment is at the forefront in terms of technological advancements. The segment is mainly focused on improving processing attributes and enhancing design flexibility.
Furthermore, the high recyclable content makes TPE the sought after material for sustainable solutions. Housing a wide range of applications, TPE demand for different end-user industries is projected to accelerate during the forecast period.
Growing environmental concerns, along with biohazard and skin sensitization issues in the medical and hygiene industry, have steered the focus of original equipment manufacturers (OEM) towards non-latex solutions. This shifting trend is a major driver of the increasing demand of synthetic elastomer (SE) compounds.
Dynamics in the elastomers market center around polyvinyl chloride (PVC) and metal replacement opportunities in certain applications and the substitution of competing plastic compounds and reinforced and composite materials in different applications.
About this report
This research service provides a detailed analysis of the global elastomers market. The study period is from 2011 to 2021, with 2014 as the base year. The scope of the study covers the 2 major elastomers: synthetic and thermoplastic. The study provides detailed insight into these elastomers in terms of revenues and forecasts as well as different product trends in various application industries and technologies. Significant factors driving the market are described, along with the restraining forces and their long-term impacts. Key competitive factors are identified, and a product matrix of the top market participants is provided for both synthetic and thermoplastic elastomers.
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