The global market for Thermoplastic Elastomers (TPEs) is projected to reach US$22.4 billion by 2025, driven by the growing demand for soft touch and feel products ranging from toothbrushes, home appliances to automotive interiors. Soft-touch cushion grips are a key design flavor for a wide variety of consumer products. In addition to ergonomic functionality, soft-touch handles and panels enhance aesthetic appeal, and enable product differentiation by providing a surface feel, smoothness, silkiness and texture comparable with luxury products. The tactile qualities of soft-touch products additionally enable the product to be sold at a price premium. Against this background, TPEs also known as thermoplastic rubbers are poised to witness strong demand. A combination of plastic and rubber polymers, TPEs offer benefits such as superior aesthetics; easy colorability; easy processability similar to plastics; slip resistance; shock absorption; outstanding ozone resistance; soft texture; UV resistance; scratch resistance; superior weatherability; stretchability; longer and more durable material life; cost effective when compared to liquid silicone rubber;  lightweight; flexibility and easy recyclability. Longer material life also means longer recycle times, lower energy consumption for manufacturing and less waste, all of which are valuable benefits in the current circular economy.  A wide variety of TPEs are available in the market ranging from soft and jelly-like, hard, rigid, transparent, colored, glossy and matte. Popular types of TPE solutions available in the market include thermoplastic olefinic elastomer, thermoplastic polyester elastomer, thermoplastic vulcanisate, thermoplastic amide elastomer, and thermoplastic polyurethane elastomer. Read More…

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