Thermoplastic Elastomers Demand Surges: Market Forecasted to Hit...

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2024-10-25 12:08:36 -

Thermoplastic Elastomers Demand Surges: Market Forecasted to Hit $40.6 Billion by 2031 with a 6.4% CAGR

Meticulous Research® has forecasted that the globalThermoplastic Elastomers (TPE) Market will exceed $40.6 billion by 2031, with a CAGR of 6.4% from 2024 to 2031. This market expansion is primarily fueled by the increased demand for TPE in medical devices and its extensive application in the automotive sector. Additionally, rapid industrialization and a rising inclination toward TPE...

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