Title: Olefinic Thermoplastic Elastomers Market
1Olefinic Thermoplastic Elastomers Market Market
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- Olefinic Thermoplastic Elastomers Market size is
forecast to reach 7.26 Billion by 2025, after
growing at a CAGR of 4.42 during 2020-2025. - In many different applications such as auto,
medical, etc., olefinic thermoplastic elastomers
emerge as one of the fastest growing classes of
synthetic polymers replacing various traditional
polymer compounds like ethylene propylene
polymers, ethylene vinyl acetate and polyvine
chlorides (PVC). For an alternative to styrene
butadiene rubber are widely used the Olefinic
thermoplastic elastomers.
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- Key Takeaways
- The silicone elastomer has an outstanding impact
ability and are lightweight and lightweight
components and are also used in a number of
industries. In comparison, olefinic thermoplastic
elastomers, such as casting, wire or film, may be
formed in any shape. Olefinic thermoplastic
elastomers often have chemical and electric
separation resistance. Tight and resilient
olefinic thermoplastic elastomers offer
flexibility at the same time. - The global COVID-19 pandemic resulted in a sudden
halt to manufacturing operations worldwide which
affected the demand for and development of these
products.
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By Distribution Channel- Segment
Analysis Thermoplastic polyolefin (TPOs)
segment holds the largest share in Olefinic
Thermoplastic Elastomers Market in 2019.
Thermoplastic Polyolefin (TPOs) are polypropylene
based materials that have been modified to
provide better ductility and impact resistance
compared to standard off-the-shelf Polypropylene
(PP) grades. TPOs retain the ease of processing,
lightweight nature, and chemical resistance of
PP. However, they do not require drying prior to
molding, which saves on both cost and time. TPO
compounds can be formulated for increased UV
weathering and scratch/mar resistance when
needed.
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- Olefinic Thermoplastic Elastomers Market Industry
Outlook - Dow Chemical Company,
- BASF SE,
- DuPont,
- Evonik Industries AG,
- Exxon Mobil Corporation,
- Mitsui Chemicals Inc.,
- Preferred Plastics, Inc. and
- Hallstar.
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Olefinic Thermoplastic Elastomers Market -
Forecast(2021 - 2026) Learn More About the
Report _at_ https//www.industryarc.com/Report/177
13/olefinic-thermoplastic-elastomers-market.html
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