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2025-06-06 04:33:33 -

Thermoplastic Elastomers Market Outlook Strong with Automotive OEM Adoption

The global thermoplastic elastomers (TPE) market size is projected to reach USD 40.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030, according to a new report by Grand View Research, Inc. The automotive industry is witnessing a notable increase in TPE usage, especially in the production of lightweight and fuel-efficient vehicles. TPEs are...

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