What are the prospects for the development of TPE materials and products? Many people may have doubts and believe that the TPE industry will not be able to last for a long time, but is it really so? At such times, we can only draw the most important conclusions through data, rather than relying solely on hearsay:

In 2015, the global thermoplastic elastomer (TPE) market size was 4.19 million tons, with a market size of 12.84 billion US dollars. Due to its good compliance in healthcare, the automotive and consumer goods industries are constantly increasing in applications, which is expected to stimulate the industry's development at a compound annual growth rate of 6.1%. The TPE market size is expected to reach $20.65 billion by 2023. Compared with other thermosetting products, its excellent physical and chemical properties will also drive the stable consumption of TPE in industrial applications.

The main reasons for the application of TPE in the field of electronic and electrical products are its high performance, soft feel, easy coloring, and beautiful appearance. At the same time, it is also a poor conductor, thermal insulation, chemical resistance, and UV resistance, which has increased its application fields. The phone case and data cable are its main products. The expansion of the elastic electronic components and consumer electronics industry has promoted industry growth.

In this situation, with the continuous application of TPE material products in various fields, it is particularly important for manufacturers who process and produce TPE products to choose a good TPE material manufacturer. We recommend Hong Kong Hengsu International Holdings Co., Ltd.

Hong Kong Hengsu International Holdings Co., Ltd. is a high-tech enterprise specializing in the research and development, production, and sales of thermoplastic elastomers (TPE, TPR, TPV, TPU, TPEE, SBS, SEBS) polymers. Our factory has multiple production lines and an annual output of 12000 tons. Our factory is located in Zhejiang, China, covering an area of 15000 square meters. Hong Kong Hengsu International Holdings Limited's elastomer raw materials in the field of plastic products have laid the foundation and reputation of the TPE industry for their stable quality.

The TPE (TPR) adhesive produced by Hong Kong Hengsu International Holdings Limited is widely used in plastic products such as tool handles, diving equipment, sports equipment, casters, massage insoles, ice boxes, doll toys, luggage accessories, wires and cables, adult products, automotive accessories, stationery products, environmentally friendly films, elastic pipes, seals, etc.