Thermoplastic Elastomers Market Poised to Become Mainstream with Rising Adoption in Medical Industry
Thermoplastic Elastomers Market Thermoplastic elastomers (TPEs) are synthetic materials that have both the properties of thermosetting plastics and rubber elasticity. TPEs find wide applications in medical devices due to their flexibility, elasticity and processability. They are used to manufacture components of medical devices that require repeated flexing such as breathing circuits, IV tubes and stopcocks. The global thermoplastic elastomers market is expanding rapidly driven by the growing demand from the healthcare sector. Thermoplastic elastomers exhibit elastic behavior, flexibility and durability similar to thermoset rubber but can be melted and reshaped like conventional plastic. They are synthesized by blending elastic polymers such as styrene-butadiene-styrene (SBS) or styrene-isoprene-styrene (SIS) with plastic polymers like polypropylene, nylon or polyester. Common applications of TPEs include hoses, belts, cables, seals and gaskets in automotive, construction and i...