Worldwide Ultrasoft Thermoplastic Elastomer Market Estimated to Record Highest CAGR by 2027

Ultrasoft thermoplastic elastomer, owing to the high-end properties they impart into the end-products, are increasingly being used across various end-use industries. Medical device manufacturers are using ultrasoft thermoplastic elastomer as an alternative material due to their versatile opaque properties, flexibility, UV resistance and others. Ultrasoft thermoplastic elastomers can be re-melted and re-processed like a thermoplastic. Ultrasoft thermoplastic elastomers are soft or hard phase systems and can be divided into block copolymers and elastomeric blends. They have temperature limit from -60 0C to 170 0C. These elastomers are alternative to silicones and are cost effective. Ultrasoft thermoplastic elastomers have replaced PVC, latex and silicone rubbers finding applications in medical tubes, syringe tips, dropper bulbs, gaskets, ventilator bags and others.

Ultrasoft thermoplastic elastomer are compound based on vulcanized polymers, styrene, olefin and others. Ultrasoft thermoplastic elastomers can be sterilized from autoclave methods, ethylene oxide and e-beam. They can replace silicone in application such as gaskets, seals, diaphragms, drainage tubing, bottles, bags and others. Further, the processing of thermoplastic elastomer is not as laborious as processing a rubber, which adds a vantage point in their utilization by various end users. The consumption of thermoplastic elastomer in various consumer, medical, automotive, electronics, construction and industrial applications has been important for the growth of the Global Ultrasoft Thermoplastic Elastomer Market. The use of alternative materials in medical application is providing a way for the growth of Global Ultrasoft Thermoplastic Elastomer Market.

For the reduction in carbon emissions, the environmental agencies have included certain regulations which aim to increase the fuel efficiency by using plastics instead of alloys and metals in automotive components by reducing their weight. The increase in manufacturing of automotive components, use of alternative materials in the medical field, high production of electronics, etc. will be the driving factors for the global ultrasoft thermoplastic elastomer market.

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