Global PCR Thermoplastic Elastomer Market 2022-2027

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    GLOBAL PCR THERMOPLASTIC ELASTOMER MARKET

     

    INTRODUCTION

    TPEs are distinctive, environmentally friendly thermoplastics that can be remoulded and reshaped in addition to being recyclable, significantly reducing waste. These also have a number of other physical benefits, such as the ability to provide materials with a pleasant touch and resistance to oxidation, chemicals, and UV light.

     

     Global PCR Thermoplastic Elastomer Market 2022-2027 1

     

    TPEs are progressively replacing rubber and traditional plastic materials in their respective applications because of these qualities. To assure the highest level of consumer health and safety, a number of federal organisations, including the FDA and US Pharmacopeia, regulate product applications in several end-use industries.

     

    PCR THERMOPLASTIC ELASTOMER MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 Avient Adds FDA-Reviewed TPE with PCR Content to reSound Portfolio Thermoplastic elastomer (TPE) with post-consumer recycled (PCR) content has been introduced by materials provider Avient and can be used in various food-contact applications. Global This would enhance better Technological Controls
    2 Teknor Apex Launches TPE Series with Up to 35% PCR To assist manufacturers in achieving their sustainability objectives, Teknor Apex has created a line of thermoplastic elastomers that contain 25 to 35 percent recycled content. Global This would enhance better Technological Controls
    3 HEXPOL TPE Launch Circular Thermoplastic Elastomers At K2019 The introduction of a family of recycled-content thermoplastic elastomers (TPE) will be one of the highlights. The brand name DRYFLEX CIRCULAR will be used to sell the new materials. Global This would enhance better Technological Controls
    4 Audia Elastomers Unveils AudiaFlex Customizable grades made from post-consumer, post-industrial, bio-based, and marine-based materials make up the new AudiaFlex family. Global This would enhance better Technological Controls

     

    COMPETITIVE LANDSCAPE

    The industry for thermoplastic elastomers is projected to experience growth due to the rising demand for these materials in construction and building applications. Thermoplastic elastomers are used in railings, gratings, glass, windows, doors, flooring, siding, panels, insulation, bathroom units, and a variety of decorative and related technologies.

     

    Thermoplastic elastomers are efficient and affordable substitutes for competing materials including latex, natural rubber, silicone, and PVC composites in the building and construction sector. 

     

    Avient is a leading mobiliser of the equipment in the market. The latest integration has been with formulas containing 9–83 percent recycled content, reSound REC post-industrial recycle (PIR) and post-consumer recycle (PCR) TPEs assist brand owners in developing sustainable end-user products.

     

    Ocean plastics and recycled food packaging from various sources are two examples of the various forms of recycled content used in the formulation of PCR grades. These grades can be utilised in applications such as personal care products, automotive, lawn and garden tools, outdoor goods, office supplies, footwear, and durable home goods.

     

    Teknor Apex is part of the component manufacture trending companies in the current industry. The Monprene thermoplastic elastomers (TPEs) give producers peace of mind and give designers more flexibility. More than ever, maintaining environmental responsibility is a part of having peace of mind.

     

    The Monprene RX CP-15100 series TPEs are styrenic-based materials with a 25–35% recycled component. This sizeable added benefit aids businesses in achieving their environmental objectives. By including PCR (Post-Consumer Recycled) content into their formulation, these materials help to promote a circular economy and reduce the need for new fossil fuels and energy.

     

    COMPANIES PROFILED

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
    19 Market Segmentation, Dynamics and Forecast by Application, 2022-2027
    20 Market Segmentation, Dynamics and Forecast by End use, 2022-2027
    21 Product installation rate by OEM, 2022
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2022
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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