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Thermoplastic Elastomers (TPE) Market 2013-2023

Significant growth forecast in the medical thermoplastic elastomers market during the next years


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2014-03-20 16:31:02 - Thermoplastic Elastomers (TPE) Market 2013-2023 - a new market research report on companiesandmarkets.com

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.

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