#TPEE (Thermoplastic Ester Elastomer)
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Global Top 13 Companies Accounted for 65% of total TPEE (Thermoplastic Ester Elastomer) market (QYResearch, 2021)
Thermoplastic Polyester Elastomer (TPEE) is a block copolymer who contains a hard segment of polyester and a soft segment of polyether; wherein the amorphous is formed from the soft segment of polyether and the uncrystallized polyester. Micro-crystals play a role as physical crosslinking points formed from the hard segment of the polyester. Thermoplastic polyester elastomer has the rubber elasticity and strength of engineering plastics. Soft segment gives it flexibility to make it like rubber; hard segment assigns the processing properties which makes it like plastic. Compared with rubber, it has a better processing performance and longer life; and the same high strength characteristics compared to plastic, while the flexibility and dynamic mechanical properties is better.
According to the new market research report “Global TPEE (Thermoplastic Ester Elastomer) Market Report 2023-2029”, published by QYResearch, the global TPEE (Thermoplastic Ester Elastomer) market size is projected to reach USD 1.45 billion by 2029, at a CAGR of 5.5% during the forecast period.
Figure. Global TPEE (Thermoplastic Ester Elastomer) Market Size (US$ Million), 2018-2029
Figure. Global TPEE (Thermoplastic Ester Elastomer) Top 13 Players Ranking and Market Share（Based on data of 2021, Continually updated）
The global key manufacturers of TPEE (Thermoplastic Ester Elastomer) include DuPont, Celanese, DSM, Taiwan Changchun, Toyobo, SK Chemicals, LG Chem, Jiangyin Hetron, SABIC, Mitsubishi Chemical, etc. In 2021, the global top five players had a share approximately 65.0% in terms of revenue.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Thermoplastic Elastomers Market Size, Type, segmentation, growth and forecast 2023-2030
Thermoplastic Elastomers Market
The Thermoplastic Elastomers Market is expected to grow from USD 24.00 Billion in 2022 to USD 36.29 Billion by 2030, at a CAGR of 6.40% during the forecast period.
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Thermoplastic Elastomers Market Size
Thermoplastic Elastomers (TPEs) are a type of material that combines the properties of thermoplastics and elastomers. They exhibit rubber-like elasticity and can be easily shaped and molded, making them ideal for various applications in industries such as footwear, automobile, building & construction, and others. The TPE market is segmented based on types such as Styrene-Based TPE (SBCs), Thermoplastic Polyolefins, Thermoplastic Polyurethanes, Polyether Ester TPE(TPEE), and Others. The market players operating in this market include Kraton Polymers, DowDuPont, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, Chevron Phillips, Kumho Petrochemical, DowDuPont, ExxonMobil, JSR, Kuraray, Arkema SA, Sinopec, Lee Chang Yung, TSRC, CNPC, and ChiMei. The market is segmented into regions such as North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The regulatory and legal factors specific to market conditions such as product safety regulations, environmental regulations, and quality standards must be met by the manufacturers to ensure compliance. Overall, the growth of the TPE market is fueled by factors such as rising demand for lightweight and high-performance materials, the increasing popularity of eco-friendly materials, and the growing demand from end-user industries.
Thermoplastic Elastomers Market Key Player
Kraton Polymers
DowDuPont
BASF SE
Dynasol
LG Chem
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Thermoplastic Elastomers Market Segment Analysis
The thermoplastic elastomers (TPE) target market is growing due to several factors. The increasing demand for lightweight and eco-friendly materials in various industries, such as automotive, construction, medical, and food, is driving the revenue growth of the TPE market. The TPE market is also growing due to the rise in demand for sustainable and recyclable materials.
The latest trends in the TPE market include the development of TPEs with improved performance properties such as better oil and chemical resistance, higher temperature tolerance, and greater flexibility. The market is also seeing an increase in demand for TPEs that are compatible with various substrate materials.
The major challenges faced by the TPE market include competition from other materials such as rubber and thermoset elastomers. The market is also experiencing challenges due to the high cost of production and processing of TPEs, which can limit their adoption in various applications.
According to the latest report, the main findings of the TPE market are the increasing demand for TPEs in the automotive industry, the growing demand for eco-friendly TPEs, and the increasing use of TPEs in medical applications. The report also recommends that TPE manufacturers focus on developing cost-effective production methods and improving product performance properties to stay competitive in the market.
In conclusion, the TPE market is growing at a steady pace due to various factors, and the market is expected to continue its growth in the future. The TPE market is facing challenges, such as competition from other materials and high production costs, but the development of new TPEs with improved performance properties can help address these challenges. The main findings of the report suggest that TPE manufacturers should focus on developing cost-effective production methods and improving product performance properties to stay competitive in the market.
This report covers impact on COVID-19 and Russia-Ukraine wars in detail.
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Market Segmentation (by Application):
Footwear
Automobile
Building & Construction
Others
Information is sourced from www.reportprime.com
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Thermoplastic Elastomers Market Size, Type, segmentation, growth and forecast 2023-2030
Thermoplastic Elastomers Market
The Thermoplastic Elastomers Market is expected to grow from USD 24.00 Billion in 2022 to USD 36.29 Billion by 2030, at a CAGR of 6.40% during the forecast period.
Thermoplastic Elastomers Market Size
Thermoplastic Elastomers (TPEs) are a type of material that combines the properties of thermoplastics and elastomers. They exhibit rubber-like elasticity and can be easily shaped and molded, making them ideal for various applications in industries such as footwear, automobile, building & construction, and others. The TPE market is segmented based on types such as Styrene-Based TPE (SBCs), Thermoplastic Polyolefins, Thermoplastic Polyurethanes, Polyether Ester TPE(TPEE), and Others. The market players operating in this market include Kraton Polymers, DowDuPont, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, Chevron Phillips, Kumho Petrochemical, DowDuPont, ExxonMobil, JSR, Kuraray, Arkema SA, Sinopec, Lee Chang Yung, TSRC, CNPC, and ChiMei. The market is segmented into regions such as North America, Asia Pacific, Middle East, Africa, Australia, and Europe. The regulatory and legal factors specific to market conditions such as product safety regulations, environmental regulations, and quality standards must be met by the manufacturers to ensure compliance. Overall, the growth of the TPE market is fueled by factors such as rising demand for lightweight and high-performance materials, the increasing popularity of eco-friendly materials, and the growing demand from end-user industries.
Thermoplastic Elastomers Market Key Player
Kraton Polymers
DowDuPont
BASF SE
Dynasol
LG Chem
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Thermoplastic Elastomers Market Segment Analysis
The thermoplastic elastomers (TPE) target market is growing due to several factors. The increasing demand for lightweight and eco-friendly materials in various industries, such as automotive, construction, medical, and food, is driving the revenue growth of the TPE market. The TPE market is also growing due to the rise in demand for sustainable and recyclable materials.
The latest trends in the TPE market include the development of TPEs with improved performance properties such as better oil and chemical resistance, higher temperature tolerance, and greater flexibility. The market is also seeing an increase in demand for TPEs that are compatible with various substrate materials.
The major challenges faced by the TPE market include competition from other materials such as rubber and thermoset elastomers. The market is also experiencing challenges due to the high cost of production and processing of TPEs, which can limit their adoption in various applications.
According to the latest report, the main findings of the TPE market are the increasing demand for TPEs in the automotive industry, the growing demand for eco-friendly TPEs, and the increasing use of TPEs in medical applications. The report also recommends that TPE manufacturers focus on developing cost-effective production methods and improving product performance properties to stay competitive in the market.
In conclusion, the TPE market is growing at a steady pace due to various factors, and the market is expected to continue its growth in the future. The TPE market is facing challenges, such as competition from other materials and high production costs, but the development of new TPEs with improved performance properties can help address these challenges. The main findings of the report suggest that TPE manufacturers should focus on developing cost-effective production methods and improving product performance properties to stay competitive in the market.
This report covers impact on COVID-19 and Russia-Ukraine wars in detail.
Purchase This Report: https://www.reportprime.com/checkout?id=11177&price=3590
Market Segmentation (by Application):
Footwear
Automobile
Building & Construction
Others
Information is sourced from www.reportprime.com
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Europe Thermoplastic Elastomers Market 2021 with (Covid-19) Impact Analysis: Growth, Latest Trend Analysis and Forecast 2027
This Europe thermoplastic elastomers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research Europe thermoplastic elastomers market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Europe thermoplastic elastomers market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to growing at a CAGR of 3.80%.
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Attractive attributes of thermoplastic elastomers like grease resistance or weather resistance or vibration damping are propelling demand in manufacturer of various end products whereas increasing automobile market and presence of key automobile manufacturers will boost demand for elastomers. Moreover rising need for fuel efficient technology will also expand market growth whereas healthcare sector is facing need of thermoplastic elastomers due to rising number of patient which can be used in catheters or other surgical tools which will also fuel for market growth. However fluctuation in price of raw material and saturation of market in application are restraining factor for market whereas lack of awareness will be challenging factor for market to expand. In addition government and private companies are investing in material research & development activities and innovation in these products will create lucrative opportunities for market in coming years
Europe thermoplastic elastomers market is segmented on the basis of product type, and application. The growth amongst these segments will help you analyze growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Based on product type, Europe thermoplastic elastomers market is segmented into styrenic block copolymer (SBC), thermoplastic polyurethane (TPU), thermoplastic polyolefins (TPO), thermoplastic vulcanizates (TPV), copolyester ether elastomers (COPE), polyether block amide elastomers (PEBA), polyether-ester elastomer (TPEE).
On the basis of application, Europe thermoplastic elastomers market is segmented into automotive building & construction, footwear, adhesives, sealants & coatings, wires & cables, medical, advanced materials.
Europe thermoplastic elastomers market is analyzed and market size insights and trends are provided by country, product type, and application as referenced above.
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The countries covered in the Europe thermoplastic elastomers market report are the Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
Regions like Germany, U.K., and France are anticipated to register high market share due to high pace growth in technological advancement and expansion of automobile and healthcare sector at significant rate whereas government is spending huge amount on research purpose for thermoplastic elastomers due to its uses in various sectors. Moreover rising consumer consumption of consumer goods & electronics will drive market growth for region market whereas medical industry is facing need to development of medical equipment such as catheters, monitoring patches, drug delivery etc. will also boost market growth.
The country section of the Europe thermoplastic elastomers market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Healthcare Infrastructure growth Installed base and New Technology Penetration
Europe thermoplastic elastomers market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Europe thermoplastic elastomers market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Europe thermoplastic elastomers market. The data is available for historic period 2010 to 2018.
Europe thermoplastic elastomers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Europe thermoplastic elastomers market.
The major players operating in the Europe thermoplastic elastomers market report are Dow, LyondellBasell Industries Holdings B.V., Arkema SA, Evonik Industries AG, Convestro AG, China Petrochemical Corporation, Huntsman International, LLC, Tosoh Corporation, Exxon Mobil Corporation, KRATON CORPORATION, TSRC, LCY GROUP, Celanese Corporation, LG Chem, Asahi Kasei Corporation, Teknor Apex, Lubrizol Corporation, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Europe Thermoplastic Elastomers Market By Product Type (Styrenic Block Copolymer (SBC), Thermoplastic Polyurethane (TPU), Thermoplastic Polyolefins (TPO), Thermoplastic Vulcanizates (TPV), Copolyester Ether Elastomers (COPE), Polyether Block Amide Elastomers (PEBA), Polyether-Ester Elastomer (TPEE)), Application (Automotive Building & Construction, Footwear, Adhesives, Sealants & Coatings, Wires & Cables, Medical, Advanced Materials), Country (Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe) Industry Trends and Forecast to 2027
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Thermoplastic Elastomers Market is Expected to Reach 8711.54 Tonnes by 2026
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Thermoplastic Elastomers (TPE) Market 2020 Analysis and Opportunity Assessment to 2027
Research Kraft has published the latest research report on the global Thermoplastic Elastomers (TPE) market. The report helps in delivering key insights about the Thermoplastic Elastomers (TPE) market and provides a competitive edge to the clients. The research study on the Thermoplastic Elastomers (TPE) market includes all the detailed information on the current market situation supported by the historical records and also have analysis about the future market predictions. The report represents a 360 degree overview of the market and its key players.
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The novel COVID-19 pandemic has put the world on a standstill, affecting major operations, leading to an industrial catastrophe. This report presented by Garner Insights contains a thorough analysis of the pre and post pandemic market scenarios. This report covers all the recent development and changes recorded during the COVID-19 outbreak.Understand the influence of COVID-19 on the Thermoplastic Elastomers (TPE) Market Size with our analysts monitoring the situation across the globe.
The most significant players coated in global Thermoplastic Elastomers (TPE) market report:
Kraton Polymers, DOW Chemical, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, Chevron Phillips, Kumho Petrochemical, DuPont, ExxonMobil, JSR, Kuraray, Arkema SA, Sinopec, Lee Chang Yung, TSRC, CNPC, ChiMei
Major Types of Thermoplastic Elastomers (TPE) covered are:
Styrene-based TPE (SBCs)
TPO/TPV
TPU
Polyether ester TPE(TPEE)
Others
Major end-user applications for Thermoplastic Elastomers (TPE) market:
Footwear
Automobile
Building & construction
Others
Global Thermoplastic Elastomers (TPE) Market Regional Analysis:
North America (U.S., Canada, Mexico) Europe (Germany, U.K., France, Italy, Russia, Spain, etc.) Asia-Pacific (China, India, Japan, Southeast Asia, etc.) South America (Brazil, Argentina, etc.) Middle East & Africa (South Africa, Saudi Arabia, etc.)
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Points Covered in The Report:
The major points considered in the Global Thermoplastic Elastomers (TPE) Market report include the leading competitors operating in the global market.
The report also contains the company profiles of the players operating in the global market.
The manufacture, production, sales, future strategies, and the technological capabilities of the leading manufacturers are also included in the report.
The growth factors of the Global Thermoplastic Elastomers (TPE) Market are explained in-depth, wherein the different end-users of the market are discussed precisely.
The report on the Global Thermoplastic Elastomers (TPE) Market is a worthwhile source of information for every policymaker, investor, stakeholder, service provider, manufacturer, supplier, and player interested in purchasing this research document.
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Thermoplastic Elastomers (TPE) Market 2021, Global Trends, Demand, Key Players, Strategic Analysis, Industry COVID-19 Impact Forecast till 2025
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Thermoplastic Elastomers (TPE) Market is analyzed with industry experts in mind to maximize return on investment by providing clear information needed for informed business decisions. This research will help both established and new entrants to identify and analyze market needs, market size and competition. It explains the supply and demand situation, the competitive scenario, and the challenges for market growth, market opportunities and the threats faced by key players.
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A 360 degree outline of the competitive scenario of the Global Thermoplastic Elastomers (TPE) Market is presented by Axel Reports Market Insights. It has a massive data allied to the recent product and technological developments in the markets.
It has a wide-ranging analysis of the impact of these advancements on the market’s future growth, wide-ranging analysis of these extensions on the market’s future growth. The research report studies the market in a detailed manner by explaining the key facets of the market that are foreseeable to have a countable stimulus on its developing extrapolations over the forecast period.
Reasons for buying this report:
It offers an analysis of changing competitive scenario.
For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
It offers seven-year assessment of Global Thermoplastic Elastomers (TPE)
It helps in understanding the major key product segments.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
It offers regional analysis of Global Thermoplastic Elastomers (TPE) Market along with business profiles of several stakeholders.
It offers massive data about trending factors that will influence the progress of the Global Thermoplastic Elastomers (TPE)
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By Market Verdors: Kraton Polymers Versalis Dynasol DowDuPont Asahi Chemical BASF SE Sibur PolyOne LG Chem Mitsubishi Kuraray Lee Chang Yung Chevron Phillips CNPC Arkema SA JSR Kumho Petrochemical TSRC Sinopec ExxonMobil ChiMei By Types: Styrene-based TPE (SBCs) Thermoplastic Polyolefins Thermoplastic Polyurethanes Polyether Ester TPE(TPEE) Others By Applications: Footwear Automobile Building & Construction Other
A detailed outline of the Global Thermoplastic Elastomers (TPE) Market includes a comprehensive analysis of different verticals of businesses. North America, Latin America, Asia-Pacific, Africa, and Europe have been considered for the studies on the basis of several terminologies.
This is anticipated to drive the Global Thermoplastic Elastomers (TPE) Market over the forecast period. This research report covers the market landscape and its progress prospects in the near future. After studying key companies, the report focuses on the new entrants contributing to the growth of the market. Most companies in the Global Thermoplastic Elastomers (TPE) Market are currently adopting new technological trends in the market.
Finally, the researchers throw light on different ways to discover the strengths, weaknesses, opportunities, and threats affecting the growth of the Global Thermoplastic Elastomers (TPE) Market. The feasibility of the new report is also measured in this research report.
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Table of Contents:
Global Thermoplastic Elastomers (TPE) Market Overview
Economic Impact on Industry
Market Competition by Manufacturers
Production, Revenue (Value) by Region
Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Cost Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Marketing Strategy Analysis, Distributors/Traders
Market Effect Factors Analysis
Global Thermoplastic Elastomers (TPE) Market Forecast
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Asia-Pacific Thermoplastic Elastomers Market Key Drivers & On-Going Trends 2017–2024 | Arkema Sa, LyondellBasell Industries, Evonik Industries AG, Covestro AG, Huntsman International Llc., Tosoh Corporation
Key Drivers: Asia-Pacific Thermoplastic Elastomers Market
Some of the major factors driving the market for thermoplastic elastomers market are thermoplastic elastomers substituting thermosets, increasing application from the HVAC/automotive industry and growth in end-use industries. These factors increase the demand for North America thermoplastic elastomers.
Unstable raw material prices are the factor which may hinder the growth of this market.
Increasing applications in the medical industry and growing demand for bio-based thermoplastic elastomers will drive the market in future.
On the other hand, unstable raw material prices may hinder the growth of the market.
Asia-Pacific Thermoplastic Elastomers Market is expected to reach 3,798.71 tonnes by 2024 from 2,376.60 tonnes in 2016, at a CAGR of 6.2% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Key Points: Asia-Pacific Thermoplastic Elastomers Market
China Petrochemical Corporation is going to dominate the thermoplastic elastomers market following with Asahi Kasei Corporation and BASF SE along with others such as Arkema Sa, LyondellBasell Industries, Evonik Industries AG, Covestro AG, Huntsman International Llc., Tosoh Corporation, Kraton Corporation, Exxon Mobil Corporation, TSRC, Polyone, LCY Group, Celanese Corporation, LG Chem, Teknor Apex and The Lubrizol Corporation among others.
Medical market is growing with the highest CAGR
Styrenic block copolymer are driving the market with highest market share
Automotive market is dominating the thermoplastic elastomers market
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Market Segmentation: Asia-Pacific Thermoplastic Elastomers Market
The Asia-Pacific thermoplastic elastomers market is segmented on the basis of product type, application and geography. The Asia-Pacific thermoplastic elastomers market is segmented based on product type into eight notable segments; styrenic block copolymer (SBC), thermoplastic polyurethane (TPU), thermoplastic polyolefins (TPO), thermoplastic vulcanizates (TPV), copolyester ether elastomers (COPE), polyether block amide elastomers (PEBA), polyether-ester elastomer (TPEE) and others. The Thermoplastic elastomers market is dominated by Styrenic block copolymer with 43.7% market share in 2016, growing at the highest CAGR of 5.5% in the forecast period.
Styrenic block copolymer (SBC) is sub segmented into styrene-butadiene-styrene (SBS), styrene-isoprene-styrene (SIS) and hydrogenated styrene block copolymers (HSBC). Thermoplastic polyurethane (TPU) is sub segmented into polyester, polyether and polycaprolactone. Thermoplastic polyolefins (TPO) is sub segmented into polyethylene and polypropylene. Thermoplastic polyolefins (TPO), thermoplastic vulcanizates (TPV) is sub segmented into polypropylene, butyl/ halobutyl, polyacrylate. Polyether block amide elastomers (PEBA) is sub segmented into polyamide 11 elastomer and polyamide 12 elastomer.
Based on application, the Asia-Pacific thermoplastic elastomers market is segmented into automotive building & construction, footwear, adhesives, sealants & coatings, wires & cables, medical, advanced materials and others.
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Asia-Pacific Thermoplastic Elastomers Market By Product Type (Styrenic Block Copolymer (SBC), Thermoplastic Polyurethane (TPU), Thermoplastic Polyolefins (TPO), Thermoplastic Vulcanizates (TPV), Copolyester Ether Elastomers (COPE), Polyether Block Amide Elastomers (PEBA), polyether-ester elastomer (TPEE), By Application (Automotive Building & Construction, Footwear, Adhesives, Sealants & Coatings, Wires & Cables, Medical, Advanced Materials), By Countries (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Singapore, Indonesia, Philippines and Rest of APAC) – Industry Trends and Forecast to 2024
#Asia-Pacific Thermoplastic Elastomers Market#Asia-Pacific Thermoplastic Elastomers Market report#Asia-Pacific Thermoplastic Elastomers Market research
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Thermoplastic Elastomers Market Sales Strategy, Revenue Generation, Key Players And Forecast To 2025
The global thermoplastic elastomers market is predicted to obtain decent growth due to improving demand for bio-based thermoplastic elastomers, the emergence of new applications, and profit-making opportunities in the automobile industry. Demand for thermoplastic elastomers could increase in the coming years because of their ability to replace silicone tubing materials with the advantages of stability at higher temperatures, cost-effectiveness, and wider range of beneficial properties. Showing low concentration of players, it witnesses high distribution of manufacturers in different parts of the world. According to market observers, Kraton Polymers, a US developer and manufacturer of bio-based chemicals and specialty polymers, could be a larger player of the global thermoplastic elastomers market.
In August 2019, Kraton Polymers announced that it will showcase innovations including USBC and HSBC polymers at the China Adhesive 2019. In the next month, the company launched a new sustainability section on its official website.
Need for Lightweight Materials for Automobiles to Help Increase Demand
The highly adaptable nature of thermoplastic elastomers is expected to increase its use in several applications. Besides footwear, building and construction, and automobile, food packaging and medical packaging are other lucrative end-use industries that thermoplastic elastomer manufacturers could benefit from in future. This could be due to increased adoption of thermoplastic elastomers because of their safe, environment-friendly, recyclable, and other advantageous properties. Growing requirement for lightweight materials in the automotive industry is anticipated to create strong demand for thermoplastic elastomers as they could be used as a replacement for wood and metal vehicle parts.
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Companies to Introduce Innovative Technologies to Increase Market Growth
Kraton Polymers, Chi Mei, DowDuPont, CNPC, BASF SE, Dynasol, TSRC, LG Chem, PolyOne, Lee Chang Yung, Asahi Chemical, Sinopec, Versalis, Mitsubishi, Arkema SA, Sibur, Chevron Phillips, Kuraray, Kumho Petrochemical, JSR, and ExxonMobil are some of the popular players of the global thermoplastic elastomers market. In order to launch new technologies and products in the global thermoplastic elastomers market, companies are anticipated to invest in research and development and enter into merger and acquisition deals. They could focus on the expansion of their product portfolios with the help of new additions. Sustainability is one of the important goals that players are expected to look to achieve during the forecast period. In September 2019, Dow, a US multinational chemical corporation, partnered with UPM Biofuels for the production of plastics made using bio-based renewable feedstock.
By Product Type
● Styrene-based TPE (SBC)
● Polyether Ester TPE (TPEE)
● Thermoplastic Polyurethanes
● Thermoplastic Polyolefins
● Others
By Application
● Footwear
● Building and Construction
● Automobile
● Others
Among product type segments, styrene-based thermoplastic elastomers are expected to exhibit tremendous market growth during the forecast period. According to market experts, styrenic block copolymer is considered to be a cost-effective type of product sold in the global thermoplastic elastomers market. It could be used with fillers, oils, and other polymers in a mixture form. Followed by footwear, automobile is forecast to gain a remarkable share of the global thermoplastic elastomers market. Thermoplastic elastomers could be used for under-the-hood applications and exterior vehicle body parts such as rocker panels, wipers, and exterior filler panels in the automobile industry.
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Global Thermoplastic Elastomers (TPE) Market 2019 | Manufacturers In-Depth Analysis Report to 2024
The latest trending report Global Thermoplastic Elastomers (TPE) Market 2019-2024 added by DecisionDatabases.com
Thermoplastic Elastomers are the class of polymers which consist of thermoplastics and elastomeric properties. Thermoplastic elastomers consist of several properties such as high flexibility, slip resistance, electric absorption, ergonomic comfort and soft texture.
The worldwide market for Thermoplastic Elastomers (TPE) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.
This report focuses on the Thermoplastic Elastomers (TPE) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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Market Segment by Manufacturers, this report covers
Kraton Polymers
DOW Chemical
BASF SE
Dynasol
LG Chem
PolyOne
Asahi Chemical
Versalis
Mitsubishi
Sibur
Chevron Phillips
Kumho Petrochemical
DuPont
ExxonMobil
JSR
Kuraray
Arkema SA
Sinopec
Lee Chang Yung
TSRC
CNPC
ChiMei
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Styrene-based TPE (SBCs)
Thermoplastic Polyolefins
Thermoplastic Polyurethanes
Polyether Ester TPE(TPEE)
Others
Market Segment by Applications, can be divided into
Footwear
Automobile
Building & Construction
Other
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The content of the study subjects, includes a total of 15 chapters: Chapter 1, to describe Thermoplastic Elastomers (TPE) product scope, market overview, market opportunities, market driving force and market risks. Chapter 2, to profile the top manufacturers of Thermoplastic Elastomers (TPE), with price, sales, revenue and global market share of Thermoplastic Elastomers (TPE) in 2017 and 2018. Chapter 3, the Thermoplastic Elastomers (TPE) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast. Chapter 4, the Thermoplastic Elastomers (TPE) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019. Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019. Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019. Chapter 12, Thermoplastic Elastomers (TPE) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024. Chapter 13, 14 and 15, to describe Thermoplastic Elastomers (TPE) sales channel, distributors, customers, research findings and conclusion, appendix and data source.
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Other Reports by DecisionDatabases.com:
Global Fluoroelastomers Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024 @ https://www.decisiondatabases.com/ip/14280-fluoroelastomers-market-analysis-report
Global Performance Elastomers Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023 @ https://www.decisiondatabases.com/ip/37787-performance-elastomers-market-analysis-report
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Thermoplastic Elastomers Market Headed For Growth & Expansion By 2022
This report studies Thermoplastic Elastomers (TPE) in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
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This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering, Kraton Polymers, DOW Chemical, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, Chevron Phillips, Kumho Petrochemical, DuPont, ExxonMobil, JSR, Kuraray, Arkema SA, Sinopec, Lee Chang, Yung, TSRC, CNPC, ChiMei
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By types, the market can be split into, Styrene-based TPE (SBCs), Thermoplastic Polyolefins, Thermoplastic Polyurethanes, Polyether Ester TPE(TPEE), Others. By Application, the market can be split into, Footwear, Automobile, Building & construction, Other. By Regions, this report covers (we can add the regions/countries as you want), North America, China, Europe, Southeast Asia, Japan, India.
Key factors for this report:
1 Industry Overview of Thermoplastic Elastomers (TPE)
1.1 Definition and Specifications of Thermoplastic Elastomers (TPE)
1.1.1 Definition of Thermoplastic Elastomers (TPE)
1.1.2 Specifications of Thermoplastic Elastomers (TPE)
1.2 Classification of Thermoplastic Elastomers (TPE)
1.2.1 Styrene-based TPE (SBCs)
1.2.2 Thermoplastic Polyolefins
1.2.3 Thermoplastic Polyurethanes
1.2.4 Polyether Ester TPE(TPEE)
1.2.5 Others
1.3 Applications of Thermoplastic Elastomers (TPE)
1.3.1 Footwear
1.3.2 Automobile
1.3.3 Building & construction
1.3.4 Other
1.4 Market Segment by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
2 Manufacturing Cost Structure Analysis of Thermoplastic Elastomers (TPE)
2.1 Raw Material and Suppliers
2.2 Manufacturing Cost Structure Analysis of Thermoplastic Elastomers (TPE)
2.3 Manufacturing Process Analysis of Thermoplastic Elastomers (TPE)
2.4 Industry Chain Structure of Thermoplastic Elastomers (TPE)
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North America Thermoplastic Elastomers Market Analysis And Value Forecast Snapshot By End-Use Industry 2017-2024
The major factors driving the growth of this market are thermoplastic elastomers substituting thermosets, increasing application from the HVAC/automotive industry and growth in end-use industries are furthermore boosting the growth of the global thermoplastic elastomers market. On the other hand, unstable raw material prices may hinder the growth of the market.
North America Thermoplastic Elastomers Market is expected to reach 1,661.58 tonnes by 2024 from 1,213.80 tonnes in 2016, at a CAGR of 4.2% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Key Drivers: North America Thermoplastic Elastomers Market
Some of the major factors driving the market for thermoplastic elastomers market are thermoplastic elastomers substituting thermosets, increasing application from the HVAC/automotive industry and growth in end-use industries. These factors increase the demand for North America thermoplastic elastomers.
Unstable raw material prices are the factor which may hinder the growth of this market.
Increasing applications in the medical industry and growing demand for bio-based thermoplastic elastomers will drive the market in future.
Key Points: North America Thermoplastic Elastomers Market
BASF SE is going to dominate the thermoplastic elastomers market following with The Dow Chemical Company and LyondellBasell Industries along with others such as Arkema Sa, Evonik Industries AG, Covestro AG, China Petrochemical Corporation, Huntsman International Llc., Tosoh Corporation, Kraton Corporation, Exxon Mobil Corporation, TSRC, Polyone, LCY Group, Celanese Corporation, LG Chem, Asahi Kasei Corporation, Teknor Apex and The Lubrizol Corporation among others.
Medical market is growing with the highest CAGR
Styrenic block copolymer are driving the market with highest market share
Automotive market is dominating the thermoplastic elastomers market.
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Market Segmentation: North America Thermoplastic Elastomers Market
The North America thermoplastic elastomers market is segmented on the basis of product type, application and geography. The North America thermoplastic elastomers market is segmented based on product type into eight notable segments; styrenic block copolymer (SBC), thermoplastic polyurethane (TPU), thermoplastic polyolefins (TPO), thermoplastic vulcanizates (TPV), copolyester ether elastomers (COPE), polyether block amide elastomers (PEBA), polyether-ester elastomer (TPEE) and others. The Thermoplastic elastomers market is dominated by styrenic block copolymer with 45.1% market share in 2016, growing at the highest CAGR of 3.5% in the forecast period.
Styrenic block copolymer (SBC) is sub segmented into styrene-butadiene-styrene (SBS), styrene-isoprene-styrene (SIS) and hydrogenated styrene block copolymers (HSBC). Thermoplastic polyurethane (TPU) is sub segmented into polyester, polyether and polycaprolactone. Thermoplastic polyolefins (TPO) is sub segmented into polyethylene and polypropylene. Thermoplastic polyolefins (TPO), thermoplastic vulcanizates (TPV) is sub segmented into polypropylene, butyl/ halobutyl, polyacrylate. Polyether block amide elastomers (PEBA) is sub segmented into polyamide 11 elastomer and polyamide 12 elastomer.
Based on application, the North America thermoplastic elastomers market is segmented into automotive building & construction, footwear, adhesives, sealants & coatings, wires & cables, medical, advanced materials and others.
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