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@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Automotive Thermoplastic Elastomers industry analysis research and trends report for 2017- 2024
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@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Overview Automotive Thermoplastic Elastomers (TPE) Market size may have positive outlook in manufacturing bumper, internal lining, foot mats and external styling car body. Automotive Thermoplastic Elastomers (TPE) Market TPE can be extruded, moulded and re- used like plastic whereas it also has elastic properties of elastomer. It returns to original form due to cross linking bond in thermoplastic imparting high elastic property. Commercial grade thermoplastic elastomers are styrene block copolymers (TPE-s), Vulcanised Elastomeric alloys (TPE-V or TPV), Thermoplastic olefins (TPE-o), Thermoplastic polyester (TPE-e), Thermoplastic polyamide and Thermoplastic Polyurethane (TPU). TPE products are manufactured by three methods which includes extrusion & injection compression and blow moulding. Injection moulding is used to produce solid complex shape products. It also finds application in accurate precision and high-volume products ranging from medium to low sizes. Blow moulding has wide application scope in hollow shapes such as bottles, pottery and containers manufacturing Compression moulding is used in automobile body parts, kitchen ware and toys production.
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@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Automotive thermoplastic elastomers are easily moulded and used in radiator hose, wire cable, bumper guard, under hood, seat covers, window encapsulation and internal automotive parts production. They are light in weight and improves automotive fuel efficient. Global automotive industry is poised to surpass 110 million units by 2024. Increasing consumers spending on luxury cars with aesthetic features and high quality automotive parts is likely to stimulate product demand. Expanding automotive sector mainly in India and China should fuel automotive thermoplastic elastomers demand thereby propelling industry growth. Styrene block copolymers (TPE-s) are light in weight, cheap and recyclable & reusable thereby replacing Ethylene Propylene Diene Monomer (EPDM) in automotive sector. Initially TPE-s was used in fixed seals and fixed glass encapsulation whereas later scope widened to glass run channels, belt lines and door seals. They exhibit high fire & flame resistance and are used as covering for electrical cable insulation in car.
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@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Browse Full Research Report@ https://goo.gl/P6ZjpT Request for a TOC of this report @ https://www.gminsights.com/request-toc/upcoming/2191
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@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Asia Pacific led by Japan, China and India, automotive thermoplastic elastomers market size may witness significant growth due to rapid industrialisation and, increase in population Government initiatives along with foreign investments and availability of skilled & cheap labour has led OEM to shift their manufacturing base mainly in India and China thereby contributing towards regional growth. Japanese automobile company Toyota, Mazda, Mitsubishi and Honda are trendsetters in quality improvement & management in automotive sector. Expanding automotive sector may propel automotive thermoplastic elastomers demand. Stringent government regulations led by EPA regarding fuel consumption and pollutant emission due to rising environmental concerns may favour product demand. Increasing recycle & re- usable polymer promotion is likely to drive automotive thermoplastic elastomers demand. 360 Analysis Read Our Blog: http://www.thecampingcanuck.com/ http://marketsizeforecast.blogspot.in http://www.thecampingcanuck.com/ http://marketsizeforecast.blogspot.in
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@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Competitive Trends: The notable industries Automotive Thermoplastic Elastomers are Automotive Thermoplastic Elastomers Bayer, Dow, BASF, Arkema, Huntsman, Asahi Kasei, TSRC and Sinopec. Inquire Before Buying This Report@ https://www.gminsights.com/inquiry-before-buying/2191
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@ 2016 Global Market Insight, Inc. USA. All Rights Reservedwww.gminsights.com Stay In Touch Website: https://www.gminsights.com/https://www.gminsights.com/ Social Media:
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