Hi, what are you looking for?
Overview of Global Thermoplastic Polyamide Elastomers Market
Thermoplastic polyamide elastomers are lightweight polymers based on polyamides, with properties such as high elasticity and flexibility; and high resistance to greater impacts. They are block copolymers based on polyether or polyester and nylon. They are widely used across different sectors such as consumer goods, automotive, electrical & electronics, and medical. Thermoplastic polyamide elastomers are primarily used in areas where thermoplastic elastomers are inefficient, especially at lower temperatures. Blow molding, injection molding, thermoforming, extrusion, and rotational molding are some of the techniques used to produce thermoplastic polyamide elastomers.
Properties of Thermoplastic Polyamide Elastomers such as Sub-zero Temperatures Endurance to Drive Global Market
The sports accessories sub-segment of the consumer goods segment accounted for the largest revenue share of more than 36% of the thermoplastic polyamide elastomers market in 2021. Technological advancements in the sports footwear sector have enabled manufacturers to create durable, lightweight, trendy, and comfortable footwear. The ability of thermoplastic polyamide elastomers to endure freezing temperatures is driving their usage in ski boots, and ski and other winter sports gear.
Advantages of thermoplastic polyamide elastomers include low weight, excellent comfort, toughness, flexibility, impact resistance, cold temperature performance, rapid shape recovery, and ease of manufacturing. The rise in awareness about the advantages of fitness activities is expected to boost the thermoplastic polyamide elastomers market.
Get Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30230
Ether-based thermoplastic polyamide elastomers are largely used compared to ester-based thermoplastic polyamide elastomers due to their ability to withstand low temperatures. Ether-based polyamide elastomers or PEBA (polyether-amide block copolymers) are commercially important types of thermoplastic polyamide elastomers. These elastomers possess outstanding low-temperature flexibility, and good resistance to weathering, chemicals, wear, and heat. This makes them ideal for usage in applications that require high durability in varying temperatures and chemical environments. In terms of volume, the ether-based segment accounted for a significant share of 64.6% of the global market in 2021. Its share is anticipated to increase by 1.1% by 2031.
Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=30230
Thermoplastic Polyamide Elastomers Offer Design Benefits in Production of Medical Equipment
An increase in demand for thermoplastic polyamide elastomers in the medical industry is expected to propel the thermoplastic polyamide elastomers market. Thermoplastic polyamide elastomers are being increasingly used in applications such as grips, tubing, screens, catheters, vial closures, and connectors as they provide several benefits in the design and production of medical equipment. Superior features such as strong sterilization resistance, impact resistance, simple blending with other polymers, excellent torque transfer, and resistance to harmful chemicals are driving the demand for thermoplastic polyamide elastomers in the medical industry.
High Energy Return and Durability Offered by Thermoplastic Polyamide Elastomers in Shoes Boost Market Growth
The thermoplastic polyamide elastomers are widely used in consumer goods (sports accessories and home appliances), automotive, medical, electrical & electronics, industrial, and others (including anti-static additives and breathable films). The consumer goods segment dominated the global thermoplastic polyamide elastomers market with a market share of 55.9% in 2021. The segment is expected to register the highest CAGR of 5.7% during the forecast period.
The rise in the sale of items such as garments and accessories, including a range of sports gear and equipment, is projected to propel the demand for thermoplastic polyamide elastomers. Running shoe components, cleated shoe components, equipment components, gear, and ski boots require advanced materials with high energy return and durability. This has prompted key sportswear producers to use thermoplastic polyamide elastomers as crucial materials in the production of sports goods. Furthermore, thermoplastic polyamide elastomers are used in the manufacture of tubes and components required for household appliances.
Purchase A Report- https://www.transparencymarketresearch.com/checkout.php?rep_id=30230<ype=S
Regional Outlook of Global Thermoplastic Polyamide Elastomers Market
North America held the largest volume share of 41.7% of the global thermoplastic polyamide elastomers market in 2021 due to the rollout of different products containing thermoplastic polyamide elastomers and the adoption of innovative strategies by market players. For instance, in September 2021, Solvay announced the installation of a new TPC (thermoplastic composites) manufacturing unit at its Greenville, South Carolina site. The U.S. accounted for a 59.8% share of the thermoplastic polyamide elastomers market in North America in 2021. The rise in public engagement in fitness activities such as trail running, hiking, and aerobics has aided the growth of the athletic footwear industry in the U.S. The presence of prominent players such as New Balance, Reebok, Skechers, and Nike along with increasing spending on sports infrastructure is boosting the market in the region. The ability of thermoplastic polyamide elastomers to withstand cold temperature conditions is also triggering their consumption in the region. Furthermore, an increase in the usage of EV cars, medical devices, and sports equipment is driving the market in North America.
The Asia Pacific accounted for a 20.2% share of the global market in 2021. Its share is likely to rise to 21.0% by 2031. Technological advancement in economies such as China and India is likely to augment the demand for thermoplastic polyamide elastomers in the region during the forecast period. The Asia Pacific market is being driven by an increase in consumer awareness about health and physical activities as well as growth in the number of new production facilities launched by manufacturers.
Get Trending Report- https://www.globenewswire.com/news-release/2022/05/05/2436840/0/en/Polyaspartic-Coatings-Market-to-Reach-Valuation-of-US-931-Mn-by-2027-TMR-Study.html
Analysis of Key Players in Global Thermoplastic Polyamide Elastomers Market
The global thermoplastic polyamide elastomers market is fragmented, with the presence of small-scale as well as large-scale vendors. Several companies are investing significantly in comprehensive research and development activities, primarily to develop environment-friendly products. Expansion of product portfolios and mergers and acquisitions are the key strategies adopted by key players.
Some of the prominent entities operating in the market are Arkema S.A., Evonik Industries AG, BASF SE, Lanxess, SABIC, PolyOne, LG Chem Ltd, UBE INDUSTRIES,LTD, EMS-CHEMIE HOLDING AG, RTP Company, Inc, KRAIBURG, Kuraray America, Inc, Radici Partecipazioni SpA, and Brüggemann Chemical KG.
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision
Rohit Bhisey Transparency Market Research, 90 State Street, Suite 700, Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: [email protected] Website: https://www.transparencymarketresearch.com/
The U.S. infant formula market collapsed this year after the country’s largest manufacturer closed its plant.
Moscow-backed separatist forces in eastern Ukraine say they have captured Lyman, a strategic town connecting key cities in the east.
Carolina Soto, a member of Chile's Mapuche indigenous community, says talks with the government are not possible without official recognition of the community -...
The Biden administration on Wednesday moved to ban the disposal of mining waste in Alaska’s Bristol Bay watershed.
COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.