Press release
Introduction of 3D Printing to Amplify Global Thermoplastic Elastomers Market Growth
THERMOPLASTIC ELASTOMERS MARKET
Browse 63 Market Data Tables and 48 Figures spread over 240 Pages, along with an in-depth analysis of the Global Thermoplastic Elastomers Market by Material Type, End-User, & Geography.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/thermoplastic-elastomers-market/
The China thermoplastic elastomers market is set to develop a CAGR of 5.61% in terms of revenue and xx% in terms of volume during the forecasted period of 2023 to 2030. Moreover, the market is expected to reach a revenue share of $12651.15 million by 2030.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/china-thermoplastic-elastomers-market/
Global Thermoplastic Elastomers Market Scenario
The manufacturing industry has witnessed a transformative impact with the advent of 3D printing technology, particularly in terms of enhanced design flexibility, rapid prototyping, and unparalleled precision compared to traditional methods like injection molding and subtractive manufacturing. In this context, thermoplastic elastomers (TPEs) have emerged as prominent materials used in various additive manufacturing processes, including selective laser sintering (SLS) and fused deposition modeling (FDM). The growing popularity of TPEs can be attributed to their remarkable characteristics, such as ease of processing, flexibility, high chemical resistance, durability, and strong layer bonding.
Key examples of companies embracing 3D printing technology include New Balance, a renowned athletic footwear manufacturer, which was among the first to pioneer highly durable and flexible shoes with 3D-printed midsoles, utilizing DuraForm® Flex TPU from 3D Systems. This ongoing revolution in 3D printing technology and the use of TPEs are continuously pushing the boundaries of what is achievable in the manufacturing industry, offering unprecedented opportunities for innovation and product development.
The Global Thermoplastic Elastomers Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Thermoplastic Elastomers Market by End-User, Material Type, & by Geography: https://inkwoodresearch.com/reports/thermoplastic-elastomers-market/#request-free-sample
Market Segmentation
Market by End-User:
• Automotive
• Electrical & Electronics
• Industrial
• Medical
• Consumer Goods
• Building & Construction
• Other End-Users
Market by Material Type:
• Polystyrene
• Polyolefin
• Elastomeric alloy
• Polyurethane
• Polyamide
• Other Material Types
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2032, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2032
Companies Profiled
• WANHUA CHEMICAL GROUP CO LTD
• ADVANCED ELASTOMER SYSTEMS LP
• THE DOW CHEMICAL COMPANY
• LYONDELLBASELL INDUSTRIES
• ARKEMA SA
• LUBRIZOL CORPORATION
• KRATON CORPORATION
• HUNTSMAN CORPORATION
• EVONIK INDUSTRIES AG
• DYNASOL GROUP
• COVESTRO AG
• BASF SE
• AVIENT CORPORATION
• LG CHEM LTD
• ASAHI KASEI CORPORATION
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