Thermoplastic Elastomers (TPE) Market Synopsis:
Thermoplastic Elastomers (TPE) Market Size Was Valued at USD 27.00 Billion in 2023, and is Projected to Reach USD 44.46 Billion by 2032, Growing at a CAGR of 5.70 % From 2024-2032.
Thermoplastic Elastomers (TPE) are polymers with properties of both rubber and which can be processed like thermoplastics. They are flexible, durable and can be used in automotive, construction, medical, footwear and electronics industries amongst others. TPEs can be recycled and are friendly to the environment, making them attractive in sustainable product development.
- The largest factor driving the TPE market is the increased requirements of car makers and others for lightweight and fuel-efficient vehicles. It is found that automotive producers are employing TPEs in its end-products such as automobile seals, gaskets, and internal trims because of high strength, durability along with low weight. Besides, increasing regulatory policies of the government towards check of polluting vehicle emissions and use of environment friendly materials are driving the growth of TPEs in automotive sector.
- The medical industry is also a major factor, as TPE’s take the place of conventional rubber used in medical applications. Able to be sterilized, can be flexible for many uses and are biocompatible and they are use in industries such as tubing, seals and syringes. In addition, the increased requirement of consumer electronic and wearable devices is increasing the utilization of TPEs in trends of ergonomic and aesthetic properties.
Thermoplastic Elastomers (TPE) Market Trend Analysis:
Shift towards sustainable and bio-based TPE
- There is still positive trend currently occurring in the market and it is the shift towards sustainable and bio-based TPE. Eco-friendly substitutes are being created to counter growing concerns; manufacturers have been using renewable, textile materials in their production processes. This trend is especially some of the most established governing rules in the regions require companies to develop environmentally friendly products.
- Another important trend is related to further incorporation of TPEs in 3D printing technologies. Since the application of 3D printing technology is gradually expanding across different fields, TPE materials are desirable for the construction of intricate and long-lasting parts. This innovation is increasing acceptance of TPEs in other sectors including healthcare, automobile and consumer goods.
Growing interest in electric vehicles
- One of the most promising trends is an ever-growing interest in electric vehicles (EVs) which will bring multiple possibilities for TPE market. In the development of high efficiency vehicles, EV makers are focusing on TPEs for light weighting and high-performance parts. According to the current global progression towards electric vehicles, it is perceived that there will be increased demand for TPE in the next few years.
- Furthermore, use of TPE applications is also received by the development and expansion of constructions industry in developing and emerging economies. The daily substrates listed above such as roofing membranes, sealants, and coatings to name but a few show that TPEs are uniquely suited to contemporary construction based on their ability to adapt to an environment that is concentrate on sustainability and efficiency.
Thermoplastic Elastomers (TPE) Market Segment Analysis:
Thermoplastic Elastomers (TPE) Market is Segmented on the basis of Type, Application, End-Use Industry, and Region
By Type, Styrene Block Copolymers (SBC) segment is expected to dominate the market during the forecast period
- The TPE global market accounts for SBC, TPO, TPU, TPV, COPE, and PEBA market. However, SBC holds the largest share because it is mostly used in adhesives, sealants, and coatings markets over TPU and TPO which are further employed in automotive and footwear industries due its high tensile strength and flexibility.
By Application, Extrusion segment expected to held the largest share
- TPEs are used in extrusion, injection molding, blow molding and film & sheet processes. Normally, injection molding is predominant since it is fast in manufacturing intricate parts and has high surface quality together with superior mechanical performance. Extrusion is especially suitable for the creation of endless sections as within tubing, while film & sheet meet necessities for packages and buildings.
Thermoplastic Elastomers (TPE) Market Regional Insights:
Asia Pacific is Expected to Dominate the Market Over the Forecast period
- Asia-Pacific region command highest market share in TPE, as the end use industries are growing rapidly in countries like China, Japan & India. The fact that the region has a strong manufacturing industry, along with the government encouraging industrial development, have made it a hub in the TPE manufacturing and consumption market.
- Additionally, the growth of a middle-class population base and urbanization especially in Asia-Pacific consumer goods and infrastructure which all require TPEs. Another factor helping the growth of bio based TPEs in this region is the high importance given to innovation and technological progression.
Active Key Players in the Thermoplastic Elastomers (TPE) Market
- Arkema S.A. (France)
- Asahi Kasei Corporation (Japan)
- BASF SE (Germany)
- Covestro AG (Germany)
- DuPont de Nemours, Inc. (USA)
- Kraton Corporation (USA)
- Mitsubishi Chemical Corporation (Japan)
- RTP Company (USA)
- Teknor Apex Company (USA)
- The Dow Chemical Company (USA)
- Other Active Players
Thermoplastic Elastomers (TPE) Market Scope:
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Thermoplastic Elastomers (TPE) Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 27.00 Billion |
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Forecast Period 2024-32 CAGR: |
5.70% |
Market Size in 2032: |
USD 44.46 Billion |
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Segments Covered: |
By Type |
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By Application |
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By End-Use Industry |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Thermoplastic Elastomers (TPE) Market by By Type (2018-2032)
4.1 Thermoplastic Elastomers (TPE) Market Snapshot and Growth Engine
4.2 Market Overview
4.3 Styrene Block Copolymers (SBC)
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 Thermoplastic Polyolefins (TPO)
4.5 Thermoplastic Polyurethanes (TPU)
4.6 Thermoplastic Vulcanizates (TPV)
4.7 Copolyester Elastomers (COPE)
4.8 Polyamide Elastomers (PEBA)
Chapter 5: Thermoplastic Elastomers (TPE) Market by By Application (2018-2032)
5.1 Thermoplastic Elastomers (TPE) Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Extrusion
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Injection Molding
5.5 Blow Molding
5.6 Film & Sheet
Chapter 6: Thermoplastic Elastomers (TPE) Market by By End-Use Industry (2018-2032)
6.1 Thermoplastic Elastomers (TPE) Market Snapshot and Growth Engine
6.2 Market Overview
6.3 Automotive
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Building & Construction
6.5 Footwear
6.6 Medical
6.7 Consumer Goods
6.8 Electrical & Electronics
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Thermoplastic Elastomers (TPE) Market Share by Manufacturer (2024)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 BASF SE (GERMANY)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 THE DOW CHEMICAL COMPANY (USA)
7.4 KRATON CORPORATION (USA)
7.5 ARKEMA S.A. (FRANCE)
7.6 COVESTRO AG (GERMANY)
7.7 ASAHI KASEI CORPORATION (JAPAN)
7.8 MITSUBISHI CHEMICAL CORPORATION (JAPAN)
7.9 DUPONT DE NEMOURS INC. (USA)
7.10 TEKNOR APEX COMPANY (USA)
7.11 RTP COMPANY (USA)
7.12 OTHER ACTIVE PLAYERS
Chapter 8: Global Thermoplastic Elastomers (TPE) Market By Region
8.1 Overview
8.2. North America Thermoplastic Elastomers (TPE) Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By By Type
8.2.4.1 Styrene Block Copolymers (SBC)
8.2.4.2 Thermoplastic Polyolefins (TPO)
8.2.4.3 Thermoplastic Polyurethanes (TPU)
8.2.4.4 Thermoplastic Vulcanizates (TPV)
8.2.4.5 Copolyester Elastomers (COPE)
8.2.4.6 Polyamide Elastomers (PEBA)
8.2.5 Historic and Forecasted Market Size By By Application
8.2.5.1 Extrusion
8.2.5.2 Injection Molding
8.2.5.3 Blow Molding
8.2.5.4 Film & Sheet
8.2.6 Historic and Forecasted Market Size By By End-Use Industry
8.2.6.1 Automotive
8.2.6.2 Building & Construction
8.2.6.3 Footwear
8.2.6.4 Medical
8.2.6.5 Consumer Goods
8.2.6.6 Electrical & Electronics
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Thermoplastic Elastomers (TPE) Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By By Type
8.3.4.1 Styrene Block Copolymers (SBC)
8.3.4.2 Thermoplastic Polyolefins (TPO)
8.3.4.3 Thermoplastic Polyurethanes (TPU)
8.3.4.4 Thermoplastic Vulcanizates (TPV)
8.3.4.5 Copolyester Elastomers (COPE)
8.3.4.6 Polyamide Elastomers (PEBA)
8.3.5 Historic and Forecasted Market Size By By Application
8.3.5.1 Extrusion
8.3.5.2 Injection Molding
8.3.5.3 Blow Molding
8.3.5.4 Film & Sheet
8.3.6 Historic and Forecasted Market Size By By End-Use Industry
8.3.6.1 Automotive
8.3.6.2 Building & Construction
8.3.6.3 Footwear
8.3.6.4 Medical
8.3.6.5 Consumer Goods
8.3.6.6 Electrical & Electronics
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Thermoplastic Elastomers (TPE) Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By By Type
8.4.4.1 Styrene Block Copolymers (SBC)
8.4.4.2 Thermoplastic Polyolefins (TPO)
8.4.4.3 Thermoplastic Polyurethanes (TPU)
8.4.4.4 Thermoplastic Vulcanizates (TPV)
8.4.4.5 Copolyester Elastomers (COPE)
8.4.4.6 Polyamide Elastomers (PEBA)
8.4.5 Historic and Forecasted Market Size By By Application
8.4.5.1 Extrusion
8.4.5.2 Injection Molding
8.4.5.3 Blow Molding
8.4.5.4 Film & Sheet
8.4.6 Historic and Forecasted Market Size By By End-Use Industry
8.4.6.1 Automotive
8.4.6.2 Building & Construction
8.4.6.3 Footwear
8.4.6.4 Medical
8.4.6.5 Consumer Goods
8.4.6.6 Electrical & Electronics
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Thermoplastic Elastomers (TPE) Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By By Type
8.5.4.1 Styrene Block Copolymers (SBC)
8.5.4.2 Thermoplastic Polyolefins (TPO)
8.5.4.3 Thermoplastic Polyurethanes (TPU)
8.5.4.4 Thermoplastic Vulcanizates (TPV)
8.5.4.5 Copolyester Elastomers (COPE)
8.5.4.6 Polyamide Elastomers (PEBA)
8.5.5 Historic and Forecasted Market Size By By Application
8.5.5.1 Extrusion
8.5.5.2 Injection Molding
8.5.5.3 Blow Molding
8.5.5.4 Film & Sheet
8.5.6 Historic and Forecasted Market Size By By End-Use Industry
8.5.6.1 Automotive
8.5.6.2 Building & Construction
8.5.6.3 Footwear
8.5.6.4 Medical
8.5.6.5 Consumer Goods
8.5.6.6 Electrical & Electronics
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Thermoplastic Elastomers (TPE) Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By By Type
8.6.4.1 Styrene Block Copolymers (SBC)
8.6.4.2 Thermoplastic Polyolefins (TPO)
8.6.4.3 Thermoplastic Polyurethanes (TPU)
8.6.4.4 Thermoplastic Vulcanizates (TPV)
8.6.4.5 Copolyester Elastomers (COPE)
8.6.4.6 Polyamide Elastomers (PEBA)
8.6.5 Historic and Forecasted Market Size By By Application
8.6.5.1 Extrusion
8.6.5.2 Injection Molding
8.6.5.3 Blow Molding
8.6.5.4 Film & Sheet
8.6.6 Historic and Forecasted Market Size By By End-Use Industry
8.6.6.1 Automotive
8.6.6.2 Building & Construction
8.6.6.3 Footwear
8.6.6.4 Medical
8.6.6.5 Consumer Goods
8.6.6.6 Electrical & Electronics
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Thermoplastic Elastomers (TPE) Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By By Type
8.7.4.1 Styrene Block Copolymers (SBC)
8.7.4.2 Thermoplastic Polyolefins (TPO)
8.7.4.3 Thermoplastic Polyurethanes (TPU)
8.7.4.4 Thermoplastic Vulcanizates (TPV)
8.7.4.5 Copolyester Elastomers (COPE)
8.7.4.6 Polyamide Elastomers (PEBA)
8.7.5 Historic and Forecasted Market Size By By Application
8.7.5.1 Extrusion
8.7.5.2 Injection Molding
8.7.5.3 Blow Molding
8.7.5.4 Film & Sheet
8.7.6 Historic and Forecasted Market Size By By End-Use Industry
8.7.6.1 Automotive
8.7.6.2 Building & Construction
8.7.6.3 Footwear
8.7.6.4 Medical
8.7.6.5 Consumer Goods
8.7.6.6 Electrical & Electronics
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Thermoplastic Elastomers (TPE) Market by By Type (2018-2032)
4.1 Thermoplastic Elastomers (TPE) Market Snapshot and Growth Engine
4.2 Market Overview
4.3 Styrene Block Copolymers (SBC)
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
4.3.3 Key Market Trends, Growth Factors, and Opportunities
4.3.4 Geographic Segmentation Analysis
4.4 Thermoplastic Polyolefins (TPO)
4.5 Thermoplastic Polyurethanes (TPU)
4.6 Thermoplastic Vulcanizates (TPV)
4.7 Copolyester Elastomers (COPE)
4.8 Polyamide Elastomers (PEBA)
Chapter 5: Thermoplastic Elastomers (TPE) Market by By Application (2018-2032)
5.1 Thermoplastic Elastomers (TPE) Market Snapshot and Growth Engine
5.2 Market Overview
5.3 Extrusion
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
5.3.3 Key Market Trends, Growth Factors, and Opportunities
5.3.4 Geographic Segmentation Analysis
5.4 Injection Molding
5.5 Blow Molding
5.6 Film & Sheet
Chapter 6: Thermoplastic Elastomers (TPE) Market by By End-Use Industry (2018-2032)
6.1 Thermoplastic Elastomers (TPE) Market Snapshot and Growth Engine
6.2 Market Overview
6.3 Automotive
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units
6.3.3 Key Market Trends, Growth Factors, and Opportunities
6.3.4 Geographic Segmentation Analysis
6.4 Building & Construction
6.5 Footwear
6.6 Medical
6.7 Consumer Goods
6.8 Electrical & Electronics
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Thermoplastic Elastomers (TPE) Market Share by Manufacturer (2024)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 BASF SE (GERMANY)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 THE DOW CHEMICAL COMPANY (USA)
7.4 KRATON CORPORATION (USA)
7.5 ARKEMA S.A. (FRANCE)
7.6 COVESTRO AG (GERMANY)
7.7 ASAHI KASEI CORPORATION (JAPAN)
7.8 MITSUBISHI CHEMICAL CORPORATION (JAPAN)
7.9 DUPONT DE NEMOURS INC. (USA)
7.10 TEKNOR APEX COMPANY (USA)
7.11 RTP COMPANY (USA)
7.12 OTHER ACTIVE PLAYERS
Chapter 8: Global Thermoplastic Elastomers (TPE) Market By Region
8.1 Overview
8.2. North America Thermoplastic Elastomers (TPE) Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By By Type
8.2.4.1 Styrene Block Copolymers (SBC)
8.2.4.2 Thermoplastic Polyolefins (TPO)
8.2.4.3 Thermoplastic Polyurethanes (TPU)
8.2.4.4 Thermoplastic Vulcanizates (TPV)
8.2.4.5 Copolyester Elastomers (COPE)
8.2.4.6 Polyamide Elastomers (PEBA)
8.2.5 Historic and Forecasted Market Size By By Application
8.2.5.1 Extrusion
8.2.5.2 Injection Molding
8.2.5.3 Blow Molding
8.2.5.4 Film & Sheet
8.2.6 Historic and Forecasted Market Size By By End-Use Industry
8.2.6.1 Automotive
8.2.6.2 Building & Construction
8.2.6.3 Footwear
8.2.6.4 Medical
8.2.6.5 Consumer Goods
8.2.6.6 Electrical & Electronics
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Thermoplastic Elastomers (TPE) Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By By Type
8.3.4.1 Styrene Block Copolymers (SBC)
8.3.4.2 Thermoplastic Polyolefins (TPO)
8.3.4.3 Thermoplastic Polyurethanes (TPU)
8.3.4.4 Thermoplastic Vulcanizates (TPV)
8.3.4.5 Copolyester Elastomers (COPE)
8.3.4.6 Polyamide Elastomers (PEBA)
8.3.5 Historic and Forecasted Market Size By By Application
8.3.5.1 Extrusion
8.3.5.2 Injection Molding
8.3.5.3 Blow Molding
8.3.5.4 Film & Sheet
8.3.6 Historic and Forecasted Market Size By By End-Use Industry
8.3.6.1 Automotive
8.3.6.2 Building & Construction
8.3.6.3 Footwear
8.3.6.4 Medical
8.3.6.5 Consumer Goods
8.3.6.6 Electrical & Electronics
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Thermoplastic Elastomers (TPE) Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By By Type
8.4.4.1 Styrene Block Copolymers (SBC)
8.4.4.2 Thermoplastic Polyolefins (TPO)
8.4.4.3 Thermoplastic Polyurethanes (TPU)
8.4.4.4 Thermoplastic Vulcanizates (TPV)
8.4.4.5 Copolyester Elastomers (COPE)
8.4.4.6 Polyamide Elastomers (PEBA)
8.4.5 Historic and Forecasted Market Size By By Application
8.4.5.1 Extrusion
8.4.5.2 Injection Molding
8.4.5.3 Blow Molding
8.4.5.4 Film & Sheet
8.4.6 Historic and Forecasted Market Size By By End-Use Industry
8.4.6.1 Automotive
8.4.6.2 Building & Construction
8.4.6.3 Footwear
8.4.6.4 Medical
8.4.6.5 Consumer Goods
8.4.6.6 Electrical & Electronics
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Thermoplastic Elastomers (TPE) Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By By Type
8.5.4.1 Styrene Block Copolymers (SBC)
8.5.4.2 Thermoplastic Polyolefins (TPO)
8.5.4.3 Thermoplastic Polyurethanes (TPU)
8.5.4.4 Thermoplastic Vulcanizates (TPV)
8.5.4.5 Copolyester Elastomers (COPE)
8.5.4.6 Polyamide Elastomers (PEBA)
8.5.5 Historic and Forecasted Market Size By By Application
8.5.5.1 Extrusion
8.5.5.2 Injection Molding
8.5.5.3 Blow Molding
8.5.5.4 Film & Sheet
8.5.6 Historic and Forecasted Market Size By By End-Use Industry
8.5.6.1 Automotive
8.5.6.2 Building & Construction
8.5.6.3 Footwear
8.5.6.4 Medical
8.5.6.5 Consumer Goods
8.5.6.6 Electrical & Electronics
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Thermoplastic Elastomers (TPE) Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By By Type
8.6.4.1 Styrene Block Copolymers (SBC)
8.6.4.2 Thermoplastic Polyolefins (TPO)
8.6.4.3 Thermoplastic Polyurethanes (TPU)
8.6.4.4 Thermoplastic Vulcanizates (TPV)
8.6.4.5 Copolyester Elastomers (COPE)
8.6.4.6 Polyamide Elastomers (PEBA)
8.6.5 Historic and Forecasted Market Size By By Application
8.6.5.1 Extrusion
8.6.5.2 Injection Molding
8.6.5.3 Blow Molding
8.6.5.4 Film & Sheet
8.6.6 Historic and Forecasted Market Size By By End-Use Industry
8.6.6.1 Automotive
8.6.6.2 Building & Construction
8.6.6.3 Footwear
8.6.6.4 Medical
8.6.6.5 Consumer Goods
8.6.6.6 Electrical & Electronics
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Thermoplastic Elastomers (TPE) Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By By Type
8.7.4.1 Styrene Block Copolymers (SBC)
8.7.4.2 Thermoplastic Polyolefins (TPO)
8.7.4.3 Thermoplastic Polyurethanes (TPU)
8.7.4.4 Thermoplastic Vulcanizates (TPV)
8.7.4.5 Copolyester Elastomers (COPE)
8.7.4.6 Polyamide Elastomers (PEBA)
8.7.5 Historic and Forecasted Market Size By By Application
8.7.5.1 Extrusion
8.7.5.2 Injection Molding
8.7.5.3 Blow Molding
8.7.5.4 Film & Sheet
8.7.6 Historic and Forecasted Market Size By By End-Use Industry
8.7.6.1 Automotive
8.7.6.2 Building & Construction
8.7.6.3 Footwear
8.7.6.4 Medical
8.7.6.5 Consumer Goods
8.7.6.6 Electrical & Electronics
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
Thermoplastic Elastomers (TPE) Market Scope:
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Thermoplastic Elastomers (TPE) Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 27.00 Billion |
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Forecast Period 2024-32 CAGR: |
5.70% |
Market Size in 2032: |
USD 44.46 Billion |
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Segments Covered: |
By Type |
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By End-Use Industry |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
What would be the forecast period in the Thermoplastic Elastomers (TPE) Market research report?
The forecast period in the Thermoplastic Elastomers (TPE) Market research report is 2024-2032.
Who are the key players in the Thermoplastic Elastomers (TPE) Market?
BASF SE (Germany), The Dow Chemical Company (USA), Kraton Corporation (USA), Arkema S.A. (France), Covestro AG (Germany), Asahi Kasei Corporation (Japan), Mitsubishi Chemical Corporation (Japan), DuPont de Nemours, Inc. (USA), Teknor Apex Company (USA), RTP Company (USA), and Other Active Players.
What are the segments of the Thermoplastic Elastomers (TPE) Market?
The Thermoplastic Elastomers (TPE) Market is segmented into By Type, By Application, By End-Use Industry and region. By Type, the market is categorized into Styrene Block Copolymers (SBC), Thermoplastic Polyolefins (TPO), Thermoplastic Polyurethanes (TPU), Thermoplastic Vulcanizates (TPV), Copolyester Elastomers (COPE), Polyamide Elastomers (PEBA). By Application, the market is categorized into Extrusion, Injection Molding, Blow Molding, Film & Sheet. By End-Use Industry, the market is categorized into Automotive, Building & Construction, Footwear, Medical, Consumer Goods, Electrical & Electronics. By region, it is analyzed across North America (U.S., Canada, Mexico), Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe), Western Europe (Germany, UK, France, The Netherlands, Italy, Spain, Rest of Western Europe), Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC), Middle East & Africa (Turkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil, Argentina, Rest of SA).
What is the Thermoplastic Elastomers (TPE) Market?
Thermoplastic Elastomers (TPE) are polymers with properties of both rubber and which can be processed like thermoplastics. They are flexible, durable and can be used in automotive, construction, medical, footwear and electronics industries amongst others. TPEs can be recycled and are friendly to the environment, making them attractive in sustainable product development.
How big is the Thermoplastic Elastomers (TPE) Market?
Thermoplastic Elastomers (TPE) Market Size Was Valued at USD 27.00 Billion in 2023, and is Projected to Reach USD 44.46 Billion by 2032, Growing at a CAGR of 5.70 % From 2024-2032.
