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1. Market size expansion: The market size of the TPE industry has expanded rapidly in the past few years.
The global TPE market is expected to reach billions of dollars by 2025. This is mainly due to the wide application
of TPE materials in various industries.
2, more applications: The unique properties of TPE materials make it widely used in many industries. For example,
seals, suspension systems and interior parts in the automotive industry, catheters, gloves and seals in the medical
device field, as well as keyboards in electronic products, mobile phone protective cases, etc. The variety and plasticity
of TPE materials make them suitable for a variety of different applications.
3, the improvement of environmental awareness: With the enhancement of environmental awareness, TPE materials
as a sustainable alternative has received more attention. Compared with traditional plastic materials, TPE materials
have better degradability and recyclability, and have less impact on the environment. This has prompted many industries
to choose to use TPE materials, driving the growth of their market demand.
4, the promotion of technological innovation: The rapid growth of the TPE industry benefits from continuous technological
innovation. The development of new TPE materials and improved production technology make TPE materials have better
properties and a wider range of applications. For example, improvements in high temperature resistance, weather resistance,
and aging resistance have enabled TPE materials to meet the needs of more industries.
