Thermoplastic Elastomers (Tpe) Market Analysis, Competitive Strategies and Forecasts, 2015-2019: Hexa Reports

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Thermoplastic Elastomers (TPE) Market Size, Share,
Trends, Growth, Analysis and Outlook, Competitive
Strategies And Forecasts, 2015-2019

Technavioa€™s market research analyst predicts the TPE market to witness a steady growth at a CAGR
of around 8%, in terms of revenue, during the forecast period. The increased use of TPE products as a
replacement for traditional materials in the automotive industry is driving the market growth.
TPE, in comparison to natural rubber and EPDM, provides the manufacturer with increased design
flexibility and reduced cost and enhanced long-term weather-resistance advantages. It also helps the
manufacturers in reducing the overall weight of the vehicle and addressing the demand for lighter
vehicles with increased fuel efficiency.
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The growth of the construction sector in China is also anticipated to fuel the market growth during the
forecast period. TPE is used for paving and roofing applications and in adhesives and sealants within the
construction sector. The entry of major construction players from the EU in the Chinese market has
further fueled the growth of this industry, thereby creating a demand for TPE products.
Segmentation by end user and analysis of - transportation, construction, healthcare, packaging

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The transportation industry accounted for the around 35% of the consumption in the TPE market during
2014. The rising use of various TPE products as a replacement for traditional rubber and EPDM in the
automotive segment is driving the growth of this segment.
The report offers an analysis of each of the following segments and discusses its impact on the overall
market growth –

Construction and infrastructure
Consumer electronics and appliances...