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Superior Thermoplastic Vulcanizate Challenge Traditional Rubber in Automotive SectorAccording to projections, the thermoplastic vulcanizate market would be worth US$ 1.74 billion by 2023. The global market for thermoplastic vulcanizates is expected to reach a value of US$ 2.86 billion by the end of 2033. The market is seeing an increase in demand due to the superior strength, chemical resistance, and flexibility of thermoplastic vulcanizates at low temperatures. The...0 Comments 0 Shares 2K Views 0 Reviews
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U.S. Regulations Drive Thermoplastic Vulcanizate Adoption in Automotive IndustryThe global thermoplastic vulcanizates (TPVs) market was valued at US$ 1.65 billion in 2022. Demand for TPVs is projected to grow at a CAGR of 5.1%, reaching a market size of US$ 2.86 billion by 2033. Growth possibilities are expected to be driven by the widespread usage of thermoplastic vulcanizates (TPVs) in a variety of industries, including fluid handling, construction, medical,...0 Comments 0 Shares 1K Views 0 Reviews