Thermoplastic elastomers are polymers with rubbery properties. One of the copolymer's components contributes to the rubbery property. Styrene block copolymers, thermoplastic olefin, elastomeric alloy, thermoplastic polyurethane, thermoplastic co-polyester, and a thermoplastic polyamide are all examples of Thermoplastic Elastomer Market. Thermoplastic Elastomers are used in automotive and transportation, building and construction, footwear, electrical and electronics, medical, household appliances, adhesive, sealant, and coating because of their rubbery properties with high strength and lightweight. Growing demand from the automotive industry, combined with rising demand from other application areas such as building and construction, footwear, and so on, is expected to drive demand for Thermoplastic Elastomers during the forecast period.
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