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Outlook 2024: TPE innovations reshaping industries in 2024

Iranpolymer/Baspar As environmental sustainability takes centre stage in food packaging, sustainable packaging solutions are made possible with TPEs. For 2024 and beyond, Everlon is set to showcase its TPE innovations.

As we step into 2024, the TPE industry stands at the cusp of a remarkable era, poised to revolutionise critical sectors such as medical applications, food packaging, and overmoulding for special engineering plastics. In this annual outlook, Ever Polymer Co., Ltd’s Sales Manager, Vincen Liao, presents a glimpse into the trends, developments, and products that will shape the year ahead.

In the medical field, TPE materials are medical marvels as these are set to redefine the landscape, according to Mr. Liao.  “With a surge in demand propelled by cutting-edge medical device manufacturing and an unwavering focus on patient comfort and safety, our industry is poised for unprecedented growth.”

As environmental sustainability takes centre stage in food packaging, sustainable packaging solutions are made possible with TPEs. “Regulatory compliance and the increasing emphasis on recyclable, food-contact compliant TPE materials will drive innovation, ushering in a new era of responsible packaging solutions,” Mr. Liao explains.  The versatility of TPE in overmoulding is also a distinct advantage in engineering applications. Its ability to seamlessly adhere to a diverse range of substrates, especially in automotive and electronics applications, positions TPE as the material of choice for forward-thinking engineers, Mr. Liao adds.

In response to these transformative developments, Everlon is steadfast in its commitment to invest substantially in research and development, particularly in the specialised area of formulation development. This strategic focus ensures that Everlon products not only meet, but also surpass the highest standards of quality, safety, and sustainability. “Our production processes are being optimised for efficiency and scalability. This will allow us to meet the burgeoning demand while maintaining an unwavering commitment to product consistency and quality,” Mr. Liao explains.

For 2024 and beyond, Everlon is set to showcase its TPE innovations.  For medical applications, its EVERMedi offers exceptional chemical resistance and durability, setting a new standard for patient safety. This groundbreaking product not only ensures the well-being of patients but also provides manufacturers with a competitive edge due to its ease of processing. EVERSeal & EVERPeel are ideal for food packaging and are meticulously designed to surpass even the most rigorous food contact regulations. Offering superior sealability and easy peel-off properties without leaving any residue, EVERSeal & EVERPeel also contribute to sustainability through recyclability. Their advanced barrier capabilities prolong the shelf life of packaged goods, perfectly aligning with the industry’s pursuit of eco-conscious packaging solutions. Engineered for high-performance applications, EVERLON TPE overmoulding solutions boast exceptional adhesion to various engineering plastics. This empowers the creation of intricate, multi-material designs with unparalleled durability and resistance to impacts, thus establishing a new standard for engineering excellence.

“To meet the surging demand for our specialised TPE products, we are actively exploring opportunities for strategic expansion. This may involve the establishment of new production facilities in key regions, ensuring that we can serve our global clientele with greater efficiency and resilience. We look forward to a year of unparalleled success and prosperity,” according to Mr. Liao

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