Thermoplastic Elastomers
TPEs are silently taking over Thermoplastic elastomers (TPEs) have found a discreet way to take over the world. The interior of cars, that rubber ducky, toothbrushes, shoes, they are all made of TPEs. We barely notice them, but they’re everywhere.
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hese materials are replacing rubber in many industries. Bulk of the demand is from the automotive industry, but TPEs are also used in the building and construction, engineering, footwear, wires and cable, medical, and many other industries. The TPE production is a billion dollar industry, and is only expected to grow within the next five years. Manufacturers play a key role since they have and continue to innovate TPE, so that it can replace thermoplastics and natural rubber in many applications. Unlike rubber, TPEs are fully recyclable. They possess good mechanical properties and have a lower density than other classes of polymers, such as polyvinyl chloride (PVC) and cross-linked elastomers (EPDM). While the material is manufactured in multiple regions, the supply mainly goes to the two major markets: Asia and North America. Combined, the two regions took up 70% of the TPE market in 2014, according to Markets and Markets. Asia Pacific was the highest consumer of TPE, accounting for 40% of the total consumption last year. Grand View Research says that rapidly-growing countries like India are the major players, making a combined total of 66% of the regional demand. North America is the second-largest market for TPE, backed by its automotive industry. A study by Markets and Markets projects that in 2020, the TPE market size will grow to US$27.8 billion with a CAGR of 8.5% over the next five years. A large chunk of the market - US$11.9 billion to be exact – will come from the automotive industry. Asia will still have the highest demand because of the increasing car sales in countries like India and China. Asia Pacific will still be the market leader by 2020. Freedonia Group came up with similar predictions. The group said China is already the highest consumer of TPEs by volume. The country’s demand will grow at 8% CAGR until 2017. Other regions will also have an increased demand for TPE. Africa and the Middle East region currently have the lowest demand for TPE, but will see an improvement by 2017. Western Europe will also have its share of market growth, but will have only a small share of the global demand. The group also says that by 2017, Styrenic block copolymers (SBCs) will be the leading TPE type, as it is today. Growth will be slow since the market is already saturated with SBCs. POEs or polyolefin elastomers will grow fastest because they are new and steadily accepted as additives for packaging adhesives and plastics. TPVs, or thermoplastic vulcanisates, will also be strong since the material is expanding from the automotive industry to other fields like consumer and medical products. TPEs used in sustainable material For more than five years compounds from TPE specialist Kraiburg have been used in Wopex pencils from manufacturer Staedtler. Since January 2015 the company also offers coloured pencils from the Wopex series with a soft component that comes from Germany-headquartered Kraiburg. When US material company Chase Plastics was working with Innotech Precision, a manufacturer of precision plastic components, on an automotive A-pillar window application for an OEM, the companies used Kraiburg’s Thermolast K TPE for its second shot soft-touch plastic that would adhere to two key hard substrates – ASA & PC/ABS. The manufacturer had previously trialled three different kinds of TPE brands and none were able to fulfill the application requirements, with issues from processing, where it would stick to the mould cavity to adhesion difficulties where the compounds would not bond to the harder substrates. Kraiburg’s TPE materials, based on hydrogenated block copolymers, have since been used as the soft touch element in the A-pillar window for over 250,000 vehicle models. Production is expected to run for five years
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SEPTEMBER 2015