The latest research report by US market research firm GrandViewResearch (GVR) shows that the global thermoplastic elastomer (TPE) market is expected to reach US$19.76 billion in 2022. At present, the automotive industry is increasingly pursuing lightweight, high-performance materials. By reducing the overall weight of the car and achieving fuel-saving purposes, thereby promoting the growth of enterprise sales, the automotive industry's large demand for thermoplastic elastomers will further promote the growth of the material. At the same time, the prices of raw materials such as styrene, propylene and polyurethane fluctuate greatly, which is also a great challenge for market participants. In 2014, SBC materials accounted for 47.1% of the market assembly. GVR expects that in the next seven years, the automotive market, especially in China and India, SIS thermoplastic elastomer materials are expected to drive product segmentation. Research shows that in 2014, the global thermoplastic elastomer market reached 4.01 million tons. According to the compound annual growth rate, the thermoplastic elastomer market will increase by 4.8% from 2015 to 2022. GVR expects that the thermoplastic vulcanizate (TPV) market growth rate will reach 6.7% from 2015 to 2022, especially the demand for special high-performance products in the automotive industry, which will promote the rapid growth of the TPV market. In 2014, Asia Pacific's demand for thermoplastic elastomer products accounted for more than 40% of total demand. Due to industrial growth in the Asia-Pacific region, strong government policies, and monetary policy to promote investment by foreign investors in the region, promoting industrial development in the region has indirectly promoted the growth of the thermoplastic elastomer market. Research shows that China and India are the main consumers of TPE materials. In 2014, the demand for thermoplastic materials in these two countries accounted for 66% of the total demand. The demand for thermoplastic elastomer materials in the region is expected to increase exponentially in the next seven years. North America is a major consumer of TPO materials. In 2014, demand for TPO in the region accounted for 35.5% of total demand. It is expected that the development of local industry and construction will continue to promote the demand for this material. The study also showed that in 2014, the top four companies in the global TPE supply accounted for 45% of the market. Companies currently operating such materials worldwide include Arkema, Bayer, Dynasol Elastomers, Evonik, Kraton and Dow Chemical. Other Braille Customized Products Other Braille Customized Products,Blind Poster,Braille Calendar,Blind Melon Poster Shanghai Caide Printing Co.,Ltd. , https://www.caideprinting.com