Thermoplastic Elastomers Market : Global Industry Analysis and Forecast (2022-2027)

Thermoplastic Elastomers Market is expected to reach US$ 27.8 Bn. by 2027, at a CAGR of 6.12% during the forecast period. Thermoplastic elastomers are increasingly used in various end-use industries, owing to the properties offered by them like heat stability, smoothness, wear resistance, and scratch resistance. Automotive industry of the Asia-Pacific region is expected to fuel the growth of the thermoplastic elastomers market across the globe. Environment-friendly nature of thermoplastic elastomers, along with improved performance is also expected to fuel the growth of the thermoplastic elastomers market during the forecast period. Fluctuating prices of raw materials and technical difficulties involved in the development of low cost and economical thermoplastic elastomer products are the factors expected to restrain the growth of the thermoplastic elastomers market. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. To know about the Research Methodology:-Request Free Sample Report Styrenic block copolymers (SBC), thermoplastic vulcanizates (TPV), thermoplastic polyurethanes (TPU), thermoplastic polyolefins (TPO), copolyester ether elastomers (COPE) and polyether block amide elastomers (PEBA) are type segments of thermoplastic elastomer market. Styrenic block copolymers (SBC) type holds major share of the thermoplastic elastomer market. Styrenic block copolymers is largely used form of mixture and inexpensive type of thermoplastic elastomers available in the market. Thermoplastic elastomers market based on application is segmented into automotive, footwear, building & construction, engineering, wires & cables, medical and others. Building and construction industry is expected to hold one of the largest shares of the market during the forecast period. Automotive industry segment is expected to grow at a high CAGR during the forecast period. Geographically, Asia-Pacific thermoplastic elastomers market is expected to grow at high CAGR due to the restrictions on the use of polyvinyl chloride (PVC), increasing utilization of copolyester ether elastomers (COPE) by the automotive industry and the presence of the key players of thermoplastic elastomers manufacturers, such as Asahi Kasei Corporation (China), Tosoh Corporation (Japan) in the region and Sinopec Group (China).

Thermoplastic Elastomers Market Key Highlights:

• Global Thermoplastic Elastomers Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Thermoplastic Elastomers Market • Global Thermoplastic Elastomers Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Global Thermoplastic Elastomers Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. • Global Thermoplastic Elastomers Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Thermoplastic Elastomers Market are also profiled.

Thermoplastic Elastomers Market Scope:  Inquire before buying

Global Thermoplastic Elastomers Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 19.47 Bn.
Forecast Period 2022 to 2027 CAGR: 6.12 % Market Size in 2027: US $ 27.8 Bn.
Segments Covered: by Type • Thermoplastic Polyolefins (TPO) • Styrenic Block Copolymers (SBC) • Thermoplastic Polyurethanes ( TPU) • Copolyester Ether Elastomers (COPE) • Thermoplastic Vulcanizates (TPV) • Polyether Block Amide Elastomers (PEBA)
by Application • Automotive • Footwear • Building & Construction • Engineering • Wires & Cables • Medical • Others

Thermoplastic Elastomers Market, by Region:

• North America • Europe • Asia Pacific • Middle East & Africa • Latin America

Thermoplastic Elastomer Market Key Player

Arkema SA (France) • Covestro AG (Germany) • Asahi Kasei Corporation (China) • Kraton Corporation (U.S.) • Evonik Industries AG (Germany) • Lubrizol Corporation (U.S.) • PolyOne Corporation (U.S.) • LyondellBasell Industries N.V. (Netherlands) • Sinopec Group (China) • The Dow Chemical Company (U.S.) • Teknor Apex Company (U.S.) • Tosoh Corporation (Japan) • BASF SE • China Petrochemical Corporation • Huntsman International LLC. • Celanese Corporation • Apar Industries Ltd • Zeon Corporation • Muller Kunststoffe Frequently Asked Questions: 1] What segments are covered in the Thermoplastic Elastomers Market report? Ans. The segments covered in the Thermoplastic Elastomers Market report are based on Type, and Application. 2] Which region is expected to hold the highest share in the Thermoplastic Elastomers Market? Ans. The Asia Pacific region is expected to hold the highest share in the Thermoplastic Elastomers Market. 3] What is the market size of the Thermoplastic Elastomers Market by 2027? Ans. The market size of the Thermoplastic Elastomers Market by 2027 is US$ 27.8 Bn. 4] What is the forecast period for the Thermoplastic Elastomers Market? Ans. The forecast period for the Thermoplastic Elastomers Market is 2022-2027. 5] What was the market size of the Thermoplastic Elastomers Market in 2021? Ans. The market size of the Thermoplastic Elastomers Market in 2021 was US$ 19.47 Bn.
1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. THERMOPLASTIC ELASTOMERS MARKET, BY TYPE (2021-2027) 5.1. Introduction 5.2. Food Automation Market, by Thermoplastic Polyolefins (TPO) 5.2.1. Thermoplastic Polyolefins (TPO) Market Overview 5.2.2. Thermoplastic Polyolefins (TPO) Market Size & Forecast 5.3. Food Automation Market, by Styrenic Block Copolymers (SBC) 5.3.1. Styrenic Block Copolymers (SBC) Market Overview 5.3.2. Styrenic Block Copolymers (SBC) Market Size & Forecast 5.4. Food Automation Market, by Thermoplastic Polyurethanes ( TPU) 5.4.1. Thermoplastic Polyurethanes ( TPU) Market Overview 5.4.2. Thermoplastic Polyurethanes ( TPU) Market Size & Forecast 5.5. Food Automation Market, by Copolyester Ether Elastomers (COPE) 5.5.1. Copolyester Ether Elastomers (COPE) Market Overview 5.5.2. Copolyester Ether Elastomers (COPE) Market Size & Forecast 5.6. Food Automation Market, by Thermoplastic Vulcanizates (TPV) 5.6.1. Thermoplastic Vulcanizates (TPV)Market Overview 5.6.2. Thermoplastic Vulcanizates (TPV)Market Size & Forecast 5.7. Food Automation Market, by Polyether Block Amide Elastomers (PEBA) 5.7.1. Polyether Block Amide Elastomers (PEBA) Market Overview 5.7.2. Polyether Block Amide Elastomers (PEBA) Market Size & Forecast 6. THERMOPLASTIC ELASTOMERS MARKET, BY APPLICATION (2021-2027) 6.1. Introduction 6.2. Food Automation Market, by Automotive 6.2.1. Automotive Market Overview 6.2.2. Automotive Market Size & Forecast 6.3. Food Automation Market, by Footwear 6.3.1. Footwear Market Overview 6.3.2. Footwear Market Size & Forecast 6.4. Food Automation Market, by Building & Construction 6.4.1. Building & Construction Market Overview 6.4.2. Building & Construction Market Size & Forecast 6.5. Food Automation Market, by Engineering 6.5.1. Engineering Market Overview 6.5.2. Engineering Market Size & Forecast 6.6. Food Automation Market, by Wires & Cables 6.6.1. Wires & Cables Market Overview 6.6.2. Wires & Cables Market Size & Forecast 6.7. Food Automation Market, by Medical 6.7.1. Medical Market Overview 6.7.2. Medical Market Size & Forecast 6.8. Food Automation Market, by Others 6.8.1. Others Market Overview 6.8.2. Others Market Size & Forecast 7. THERMOPLASTIC ELASTOMERS MARKET, BY GEOGRAPHY (2021-2027) 7.1. North America Food Automation Market 7.1.1. North America Food Automation Market, by Type 7.1.2. North America Food Automation Market, by Application 7.1.3. North America Food Automation Market, by Region 7.1.3.1. U.S. Food Automation Market 7.1.3.2. Canada Food Automation Market 7.1.3.3. Rest of North America Food Automation Market 7.2. Europe Food Automation Market 7.2.1. Europe Food Automation Market, by Type 7.2.2. Europe Food Automation Market, by Application 7.2.3. Europe Food Automation Market, by Region 7.2.3.1. France Food Automation Market 7.2.3.2. Germany Food Automation Market 7.2.3.3. U.K .Food Automation Market 7.2.3.4. Rest of Europe Food Automation Market 7.3. Asia Pacific Food Automation Market 7.3.1. Asia-Pacific Food Automation Market, by Type 7.3.2. Asia-Pacific Food Automation Market, by Application 7.3.3. Asia-Pacific Food Automation Market, by Region 7.3.3.1. China Food Automation Market 7.3.3.2. Japan Food Automation Market 7.3.3.3. India Food Automation Market 7.3.3.4. Australia Food Automation Market 7.3.3.5. South Korea Food Automation Market 7.3.3.6. Rest of Asia Pacific Food Automation Market 7.4. Middle East & Africa Food Automation Market 7.4.1. Middle East & Africa Food Automation Market, by Type 7.4.2. Middle East & Africa Food Automation Market, by Application 7.4.3. Middle East & Africa Food Automation Market, by Region 7.4.3.1. South Africa Food Automation Market 7.4.3.2. Egypt Food Automation Market 7.4.3.3. Nigeria Food Automation Market 7.4.3.4. Rest of Middle East & Africa Food Automation Market 7.5. Latin America Food Automation Market 7.5.1. Latin America Food Automation Market, by Type 7.5.2. Latin America Food Automation Market, by Application 7.5.3. Latin America Food Automation Market, by Region 7.5.3.1. Brazil Food Automation Market 7.5.3.2. Argentina Food Automation Market 7.5.3.3. Columbia Food Automation Market 7.5.3.4. Mexico Food Automation Market 7.5.3.5. Rest of Latin America Food Automation Market 8. MARKET COMPETITION ANALYSIS 8.1. Market Share/Positioning Analysis 8.2. Key Innovators 8.3. Company Profiles 8.3.1. Arkema SA 8.3.1.1. Overview 8.3.1.2. Products/ End-User 8.3.1.3. Strategy 8.3.1.4. Key Developments 8.3.2. Covestro AG 8.3.2.1. Overview 8.3.2.2. Products/ End-User 8.3.2.3. Strategy 8.3.2.4. Key Developments 8.3.3. Asahi Kasei Corporation 8.3.3.1. Overview 8.3.3.2. Products/ End-User 8.3.3.3. Strategy 8.3.3.4. Key Developments 8.3.4. Kraton Corporation 8.3.4.1. Overview 8.3.4.2. Products/ End-User 8.3.4.3. Strategy 8.3.4.4. Key Developments 8.3.5. Evonik Industries AG 8.3.5.1. Overview 8.3.5.2. Products/ End-User 8.3.5.3. Strategy 8.3.5.4. Key Developments 8.3.6. Lubrizol Corporation 8.3.6.1. Overview 8.3.6.2. Products/ End-User 8.3.6.3. Strategy 8.3.6.4. Key Developments 8.3.7. PolyOne Corporation 8.3.7.1. Overview 8.3.7.2. Products/ End-User 8.3.7.3. Strategy 8.3.7.4. Key Developments 8.3.8. LyondellBasell Industries N.V. 8.3.8.1. Overview 8.3.8.2. Products/ End-User 8.3.8.3. Strategy 8.3.8.4. Key Developments 8.3.9. Sinopec Group 8.3.9.1. Overview 8.3.9.2. Products/ End-User 8.3.9.3. Strategy 8.3.9.4. Key Developments 8.3.10. The Dow Chemical Company 8.3.10.1. Overview 8.3.10.2. Products/ End-User 8.3.10.3. Strategy 8.3.10.4. Key Developments 8.3.11. BASF SE 8.3.12. China Petrochemical Corporation 8.3.13. Huntsman International LLC. 8.3.14. Celanese Corporation 8.3.15. Apar Industries Ltd 8.3.16. Zeon Corporation 8.3.17. Muller Kunststoffe

About This Report

Report ID 3432
Category Material & Chemical
Published Date May 2022
Updated Date
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