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Press release content from Business Wire. The AP news staff was not involved in its creation. The Worldwide TPE Industry is Expected to Reach $26.3 Billion by 2026 at a CAGR of 5.7% from 2021 - ResearchAndMarkets.com May 10, 2021 GMT DUBLIN (BUSINESS WIRE) May 10, 2021 The global TPE market size was USD 19.9 billion in 2021 and is projected to reach USD 26.3 billion by 2026, at a CAGR of 5.7% between 2021 and 2026. Thermoplastic elastomers are a class of polymers having properties of both thermoplastics and elastomers. They are obtained by linking thermoplastics with elastomeric rubbers. Thermoplastic elastomers provide advantages of both plastics and rubber, and hence the new form created by their combination is adaptable in many applications. The high impact and tear strength of thermoplastic elastomers have increased their demand in the automotive and building & construction industries. Thermoplastic elastomers are recyclable, environment-friendly, and safe to use in medical

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