The global Thermoplastic Elastomer market is estimated to grow from USD 21.7 Billion in 2019 to USD 27.8 Billion in 2024 at a CAGR of 5.1%. The factors responsible for the growth of the Thermoplastic Elastomer market include Increasing demand for lightweight, high performance materials from the automotive industry. Other supportive factors include replacement of thermoplastics and standard elastomers by TPE due to improved properties. The market is expected to register a considerable growth rate during the forecast period.
This market research report offers a comprehensive analysis of key market trends in the Global Thermoplastic Elastomer market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. The primary types/elements of Global Thermoplastic Elastomer that are covered in the report include TPE-S, TPE-O, TPE-V, TPE-U, TPE-E, TPE-A. For opportunity analysis, the end-users/application that are covered in the report are Automotive & Transportation, Building & Construction, Footwear, Plastic Engineering, Wires & Cables, Medical. The regional analysis is covered under five major regions such as North America, South America, Europe, APAC, and the Middle East and Africa, with individual country-level analysis.
The report on the Thermoplastic Elastomer Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market synopsis, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
| Report Features | Specifics |
| Historical/Estimated/Forecasted Market Size Years | 2017-2024 |
| Base Year for Market Calculation | 2018 |
| Forecasted Period | 2019-2024 (2019 estimated year, forecasted up to 2024) |
| Measured Units | Value (USD Million), Volume (Kiloton) |
| Segments Included | Type, End-Use Industry, and Region |
| Regional Coverage | APAC, North America, Europe, Middle East & Africa, South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Thermoplastic Elastomer Market by Type
Thermoplastic Elastomer Market by End-Use Industry
Thermoplastic Elastomer Market by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET SYNOPSIS
4.1 Introduction
4.2 Drivers
4.2.1. Increasing Demand for Lightweight, High Performance Materials from the Automotive Industry
4.2.2. Replacement of Thermoplastics and Standard Elastomers by TPE Due to Improved Properties
4.2.3. Broader Range of Properties
4.3 Restraints
4.3.1. Volatility in Raw Material Prices
4.3.2. Technical Limitations
4.4 Opportunities
4.4.1. Increasing Usage as An Ecofriendly Substitute Over PVC
4.5 Challenges
4.5.1. High Cost as Compared to Other Plastics
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 GLOBAL THERMOPLASTIC ELASTOMER MARKET BY TYPE, Market Size in USD Million and KILOTON (2017—2024)
6.1 Introduction
6.2 TPE-S (Styrenic Block Copolymer)
6.3 TPE-O (Styrenic Block Copolymer)
6.4 TPE-V (Vulcanized PP/EPDM Compound)
6.5 TPE-U (Thermoplastic Urethanes)
6.6 TPE-E (Copolyester Compound)
6.7 TPE-A (Thermoplastic Polyamide)
7 GLOBAL THERMOPLASTIC ELASTOMER MARKET BY END-USE INDUSTRY, Market Size in USD Million and KILOTON (2017—2024)
7.1 Introduction
7.2 Automotive & Transportation
7.3 Building & Construction
7.4 Footwear
7.5 Plastic Engineering
7.6 Wires & Cables
7.7 Medical
8 GLOBAL THERMOPLASTIC ELASTOMER MARKET BY REGION, Market Size in USD Million and KILOTON (2017—2024)
8.1 APAC
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Indonesia
8.1.6. Rest of APAC
8.2 North America
8.2.1. US
8.2.2. Canada
8.2.3. Mexico
8.3 Europe
8.3.1. Germany
8.3.2. France
8.3.3. Italy
8.3.4. Turkey
8.3.5. Russia
8.3.6. Rest of Europe
8.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East & Africa
8.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
9 COMPETITIVE LANDSCAPE
9.1 Introduction
9.2 Market Ranking/Share Analysis of Key Companies
9.3 Key Market Developments
10 COMPANY PROFILES
10.1 Arkema
10.1.1. Company Description
10.1.2. Company Overview
10.1.3. Product Synopsis
10.1.4. Key Developments
10.1.5. SWOT Analysis
10.2 BASF SE
10.3 Covestro AG
10.4 Asahi Kasei Corporation
10.5 The Dow Chemical Company
10.6 Evonik Industries AG
10.7 Huntsman Corporation
10.8 Lubrizol Corporation
10.9 Kraton Corporation
10.10 Kuraray Co. Ltd
10.11 Other Key Companies
11 APPENDIX
11.1 Key Industry Expert Insights
11.2 Primary Discussion Guide
11.3 Customization Options
Note: Company financial information is subject to availability in public domain
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