Thermoplastic Vulcanizate Innovate Automotive Industry with Customization Options According to projections, the thermoplastic vulcanizate market would be worth US$ 1.74 billion by 2023. The global market for thermoplastic vulcanizates is expected to reach a value of US$ 2.86 billion by the end of 2033. The market is seeing an increase in demand due to the superior strength, chemical resistance, and flexibility of thermoplastic vulcanizates at low temperatures.
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