Ceresana, a research group headquartered in Germany, stated that thermoplastic elastomers are increasingly replacing other plastic materials. TPE is mainly used in the automotive industry, but new application areas are constantly emerging. The company stated that TPE sales reached $16.7 billion in 2014. It is predicted that by 2022, this number will increase by 4.7% annually. China, the United States, Japan, and Germany are the four major TPE consuming countries, accounting for a total of 63% of the global TPE demand in 2014. It is predicted that the fastest growing demand for TPE will be in South America and the Asia Pacific region, especially in China, India, and Brazil. TPE consumption in North America and Western Europe will also maintain an annual growth rate of 2%.

With the promotion of green environmental protection policies, new energy vehicles have become the mainstream of future automotive development, and vehicle lightweighting, as an important solution to the range problem of new energy vehicles, has always been a research focus in the automotive industry. As an important component of automobiles, the lightweighting of sealing parts has become a trend; Compared to traditional EPDM materials, TPV has a unique advantage in achieving automotive lightweighting due to its lower density and higher strength.

CHINAPLAS International Rubber and Plastic Exhibition is committed to creating an annual large-scale event that the industry looks forward to, deeply exploring and responding to market demand, gathering world leading technologies, and driving industry innovation and growth. The exhibition will make a strong comeback to the Shanghai Hongqiao National Convention and Exhibition Center from April 25-28, 2022.