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Thermoplastic vulcanizates market size is forecast to reach $1.5 billion by 2026, after growing at a CAGR of 5% during 2021-2026.
Thermoplastic vulcanizates are based on polyvinylidene fluoride, acrylic rubber, and ethylene-methacrylic acid possess excellent chemical resistance to acids, bases, and other aqueous media, and have good property retention owing to which it is widely utilized in various end-use industries such as automotive, building & construction, sports, and more.