THERMOPLASTIC ELASTOMERS MARKET ANALYSIS

Thermoplastic Elastomers Market, By Type (Styrene Block Copolymers, Thermoplastic Polyolefin, Thermoplastic Polyurethanes, Thermoplastic Polyamides, and Others), By Application (Photovoltaic Applications, Household Appliances, Wire & Cables , Adhesives, Sealants and Coatings, Footwear, and Others), By End Use Industry (Automotive, Transportation, Building & Construction, Electrical and Electronics, Medical & Healthcare, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

In 2023, Trinseo launches transparent thermoplastic elastomer
In April, 2022, DowDuPont Inc. announced the launch of its Dupont Liveo pharma tubing, a thermoplastic elastomer tubing for the biopharmaceutical industry. With the launch of this new product DuPont is accelerating its investments for the future of the biopharmaceutical processing industry by expanding its supply capacity of silicone elastomers and tubing and by enlarging its single-use pharma product lines.
In May, 2021, Avient a provider of specialized and sustainable material solutions, announced the addition of three proprietary, thermoplastic elastomer (TPE) formulations that contain antimicrobial additives to its general lightening services PE portfolio. Tested in accordance with JIS Z2801 and ASTM G21-15 standards, these additives protect molded plastic parts by inhibiting bacterial growth (99.9 percent or more) and resisting fungal and mold growth. The product seeks applications in consumer electronics, personal care item grips, and automotive applications such as cup holder mats and (HVAC) heating, ventilation and air conditioning seals.
In March 2020, Veloxis Pharmaceuticals Inc. was acquired by Asahi Kasei Corporation (US). This acquisition will help the company's presence in the pharmaceutical industry.