HOME Top Market Reports Thermoplastic Elastomers Market by Type (SBC, TPU, Thermoplastic Polyolefins, TPV, Copolyester Ether Elastomers, and Polyether Block Amide), Application (Automotive, Building & Construction, Footwear, Engineering, and Medical) - Global Trends & Forecasts to 2020

Thermoplastic Elastomers Market by Type (SBC, TPU, Thermoplastic Polyolefins, TPV, Copolyester Ether Elastomers, and Polyether Block Amide), Application (Automotive, Building & Construction, Footwear, Engineering, and Medical) - Global Trends & Forecasts to 2020

By: marketsandmarkets.com
Publishing Date: August 2015
Report Code: CH 1466

 

  Speak to Analyst Enquiry Before Buying  
purchase report
download pdf  request for customisation


Thermoplastic Elastomers (TPEs) are used to handle applications that require functions of both elastomers and thermoplastics for efficient functioning. TPEs have properties of both rubber as well as plastic. TPEs have application in automotive, building & construction, footwear, engineering, wires & cables, medical, and others. The report covers the TPEs market size in terms of volume (kilotons) and value (USD million) along with its segments, which are type, application, and region. TPEs are fast replacing the conventional plastics and are very easily and efficiently recycled which is further boosting their demand in various industries. The fluctuating petrochemical prices are a major restraint in the thermoplastic elastomers market. Medical is the fastest growing application for the thermoplastic elastomers during the forecast period. Styrenic Block Copolymers have the largest market share as of 2014 and is projected to retain its market position.

This study aims at estimating the global market of TPEs for 2014 and to project the expected demand of the same by 2020. This market research study provides a detailed qualitative and quantitative analysis of the global TPEs market. It provides a comprehensive review of key market drivers, restraints, opportunities, challenges, and key issues in the market. On the basis of region, the market is segmented into regions, such as Asia-Pacific, Europe, North America, and Rest of the World, which are further segmented into key countries in each region.

The market for thermoplastic elastomers is projected to grow at a CAGR of 8.0% during the period between 2015 and 2020 and reach 27.8 billion by 2020. Asia-Pacific will be the growth driver during the period of study. China has the largest market share and is the second fastest growing market in Asia-Pacific

Competitive scenarios of the top players in the TPEs market have been discussed in detail. Leading players of this industry are also profiled which include Arkema SA (France), BASF SE (Germany), Bayer AG (Germany), China Petroleum and Chemical Corporation (China), The Dow Chemical Company (U.S.), Huntsman Corporation (U.S.) Evonik Industries (Germany), Nippon Polyurethane Industry Company Limited (Japan), among others, with their recent developments and other strategic industry activities.

Scope of the Report:

This research report categorizes the global market for TPEs on the basis of type, application, and region along with forecasting volume, value, and trends in each of the markets.

On the basis of Type:

On the basis of type, the market is segmented as styrenic block copolymers, thermoplastic polyurethanes, thermoplastic polyolefins, thermoplastic vulcanizates, copolyester ether elastomers, and polyether block amide elastomers.

On the basis of Application:

On the basis of application, the market is segmented as automotive, building & construction, footwear, engineering, wires & cables, medical, and others.

On the basis of region

The market is segmented into regions, such as Asia-Pacific, Europe, North America, and Rest of the World, which are further segmented into key countries in each region. Countries such as the U.S., Canada, Mexico, Germany, France, Italy, China, India, Japan, South Korea, and Russia are covered in the report.

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Scope
           1.2.1 Market Definition
           1.2.2 Markets Covered
                    1.2.2.1 By Region
           1.2.3 Year
           1.2.4 Currency
           1.2.5 Package Size
           1.2.6 Limitations
    1.3 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown & Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Market Opportunity for Thermoplastic Elastomers

5 Market Overview (Page No. - 32)
    5.1 Introduction
    5.2 Segmentation
           5.2.1 By Type
           5.2.2 By Application
           2.1.1 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Replacement of Epdm and Epr
                    5.3.1.2 Advancement in the Tpe Processing Industry
                    5.3.1.3 Growing Demand From the Automotive Industry
           5.3.2 Restraints
                    5.3.2.1 Technological Challenges
                    5.3.2.2 Price Volatility
           5.3.3 Opportunities
                    5.3.3.1 Bio-Based Tpe
                    5.3.3.2 Emerging Applications
           5.3.4 Challenges
                    5.3.4.1 Intra Tpe Segment Replacement
           5.3.5 Winning Imperatives
                    5.3.5.1 Scope of High Applicability in Automobiles
                    5.3.5.2 Environmentally Friendly – High Recyclability
           5.3.6 Burning Issues
                    5.3.6.1 Increasing Production and Investment in Asia-Pacific

6 Industry Trends (Page No. - 44)
    6.1 Introduction
    6.2 Value Chain Analysis
           6.2.1 Producers
           6.2.2 Suppliers & Distributors
           6.2.3 End-Use Industry
    6.3 Porter’s Five Forces Analysis
           6.3.1 Bargaining Power of Suppliers
           6.3.2 Threat of New Entrants
           6.3.3 Threat of Substitutes
           6.3.4 Bargaining Power of Buyers
           6.3.5 Intensity of Rivalry

7 Thermoplastic Elastomers Market, By Type (Page No. - 49)
    7.1 Introduction
    7.2 Styrenic Block Copolymer
    7.3 Thermoplastic Polyurethane
    7.4 Thermoplastic Polyolefins
    7.5 Thermoplastic Vulcanizates
    7.6 Copolyester Ether Elastomers
    7.7 Polyether Block Amide Elastomers

8 Thermoplastic Elastomers Market, By Application (Page No. - 60)
    8.1 Introduction
    8.2 Automotive
    8.3 Building & Construction
    8.4 Footwear
    8.5 Engineering
    8.6 Wires & Cables
    8.7 Medical
    8.8 Other Applications

9 Thermoplastic Elastomers Market, By Region (Page No. - 74)
    9.1 Introduction
    9.2 North America
           9.2.1 U.S.
           9.2.2 Canada
           9.2.3 Mexico
    9.3 Europe
           9.3.1 Germany
           9.3.2 France
           9.3.3 Italy
           9.3.4 Rest of Europe
    9.4 Asia-Pacific
           9.4.1 China
           9.4.2 Japan
           9.4.3 India
           9.4.4 South Korea
           9.4.5 Rest of Asia-Pacific
    9.5 RoW
           9.5.1 South America
           9.5.2 CIS
           9.5.3 Middle East & Africa

10 Competitive Landscape (Page No. - 126)
     10.1 Overview
     10.2 New Product Launches: the Most Popular Growth Strategy Between 2012 and 2015
             10.2.1 New Product Launches
             10.2.2 Mergers & Acquisitions
             10.2.3 Expansions
             10.2.4 Agreements & Collaborations
             10.2.5 Partnerships
             10.2.6 Research & Development

11 Company Profiles (Page No. - 137)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     11.1 Introduction
     11.2 Arkema SA
     11.3 BASF SE
     11.4 Bayer AG
     11.5 China Petroleum & Chemical Corporation
     11.6 The DOW Chemical Company
     11.7 Evonik Industries AG
     11.8 Huntsman Corporation
     11.9 Nippon Polyurethane Industry Company Ltd.
     11.10 Teknor Apex Company
     11.11 Lubrizol Corporation

*Details Might Not Be Captured in Case of Unlisted Companies

12 Appendix (Page No. - 163)
     12.1 Insights of Industry Experts
     12.2 Discussion Guide
     12.3 Introducing RT: Real Time Market Intelligence
     12.4 Available Customizations
     12.5 Related Reports


List of Tables (144 Tables)

Table 1 Replacement of Epdm & Epr, Advancement in Tpe Processing and Demand From Automotive Industry
Table 2 Technological Challenges and Price Volatility are Acting as Restraints
Table 3 Bio-Based Tpe and Emerging Applications are Providing New Oppurtunities for Growth of Tpe
Table 4 Intra Tpe Segment Replacement is the Key Challenge in the Market
Table 5 Styrenic Block Copolymer Market Size, 2013-2020 (USD Million and KT)
Table 6 Styrenic Block Copolymer Market Size, By Region, 2013-2020 (KT)
Table 7 Styrenic Block Copolymer Market Size, By Region, 2013-2020 (USD Million)
Table 8 Thermoplastic Polyurethane Market Size, 2013-2020 (USD Million and KT)
Table 9 Thermoplastic Polyurethane Market Size, By Region, 2013-2020 (KT)
Table 10 Thermoplastic Polyurethane Market Size, By Region, 2013-2020 (USD Million)
Table 11 Thermoplastic Polyolefins Market Size, 2013-2020 (USD Million and KT)
Table 12 Thermoplastic Polyolefins Market Size, By Region, 2013-2020 (KT)
Table 13 Thermoplastic Polyolefins Market Size, By Region, 2013-2020 (USD Million)
Table 14 Thermoplastic Vulcanizates Market Size, 2013-2020 (USD Million and KT)
Table 15 Thermoplastic Vulcanizates Market Size, By Region, 2013-2020 (KT)
Table 16 Thermoplastic Vulcanizates Market Size, By Region, 2013-2020 (USD Million)
Table 17 Copolyester Ether Elastomers Market Size, 2013-2020 (USD Million and KT)
Table 18 Copolyester Ether Elastomers Market Size, By Region, 2013-2020 (KT)
Table 19 Copolyester Ether Elastomers Market Size, By Region, 2013-2020 (USD Million)
Table 20 Polyether Block Amide Elastomers Market Size, 2013-2020 (USD Million and KT)
Table 21 Polyether Block Amide Elastomers Market Size, By Region, 2013-2020 (KT)
Table 22 Polyether Block Amide Elastomers Market Size, By Region, 2013-2020 (USD Million)
Table 23 Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 24 Thermoplastic Elastomers Market Size, By Application, 2013-2020 (Kiloton)
Table 25 Thermoplastic Elastomers Market Size in Automotive, 2013-2020 (USD Million and KT)
Table 26 Automotive Market Size, By Region, 2013-2020 (KT)
Table 27 Automotive Market Size, By Region, 2013-2020 (USD Million)
Table 28 Thermoplastic Elastomers Market Size in Building & Construction, 2013-2020 (USD Million and KT)
Table 29 Building & Construction Market Size, By Region, 2013-2020 (KT)
Table 30 Building & Construction Market Size, By Region, 2013-2020 (USD Million)
Table 31 Thermoplastic Elastomers Market Size in Footwear, 2013-2020 (USD Million and KT)
Table 32 Footwear Market Size, By Region, 2013-2020 (KT)
Table 33 Footwear Market Size, By Region, 2013-2020 (USD Million)
Table 34 Thermoplastic Elastomers Market Size in Engineering, 2013-2020 (USD Million and KT)
Table 35 Engineering Market Size, By Region, 2013-2020 (KT)
Table 36 Engineering Market Size, By Region, 2013-2020 (USD Million)
Table 37 Thermoplastic Elastomers Market Size in Wires & Cables, 2013-2020 (USD Million and KT)
Table 38 Wires & Cables Market Size, By Region, 2013-2020 (KT
Table 39 Wires & Cables Market Size, By Region, 2013-2020 (USD Million)
Table 40 Thermoplastic Elastomers Market Size in Medical, 2013-2020 (USD Million and KT)
Table 41 Medical Market Size, By Region, 2013-2020 (KT)
Table 42 Medical Market Size, By Region, 2013-2020 (USD Million)
Table 43 Thermoplastic Elastomers Market Size in Other Applications, 2013-2020 (USD Million and KT)
Table 44 Other Applications Market Size, By Region, 2013-2020 (KT)
Table 45 Other Applications Market Size, By Region, 2013-2020 (USD Million)
Table 46 Thermoplastic Elastomers Market Size, By Region, 2013-2020 (Kilotons)
Table 47 Thermoplastic Elastomers Market Size, By Region, 2013-2020 (USD Million)
Table 48 North America: Thermoplastic Elastomers Market Size, By Country, 2013-2020 (Kilotons)
Table 49 North America: Thermoplastic Elastomers Market Size, By Country, 2013-2020 (USD Million)
Table 50 North America: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 51 North America: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 52 North America: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 53 North America: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 54 U.S.: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 55 U.S.: Thermoplastic Elastomers, Market Size, By Type, 2013-2020 (USD Million)
Table 56 U.S.: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 57 U.S.: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 58 Canada: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 59 Canada: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 60 Canada: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 61 Canada: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 62 Mexico: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 63 Mexico: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 64 Mexico: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 65 Mexico: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 66 Europe: Thermoplastic Elastomers Market Size, By Country, 2013-2020 (KT)
Table 67 Europe: Thermoplastic Elastomers Market Size, By Country, 2013-2020 (USD Million)
Table 68 Europe: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 69 Europe: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 70 Europe: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 71 Europe: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 72 Germany: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 73 Germany: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 74 Germany: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 75 Germany: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 76 France: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 77 France: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 78 France: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 79 France: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 80 Italy: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 81 Italy: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 82 Italy: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 83 Italy: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 84 Rest of Europe: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 85 Rest of Europe: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 86 Rest of Europe: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 87 Rest of Europe: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 88 Asia-Pacific: Thermoplastic Elastomers Market Size, By Country, 2013-2020 (KT)
Table 89 Asia-Pacific: Thermoplastic Elastomers Market Size, By Country, 2013-2020 (USD Million)
Table 90 Asia-Pacific: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 91 Asia-Pacific: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 92 Asia-Pacific: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 93 Asia-Pacific: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 94 China: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 95 China: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 96 China: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 97 China: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 98 Japan: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 99 Japan: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 100 Japan: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 101 Japan: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 102 India: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 103 India: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 104 India: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 105 India: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 106 South Korea: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 107 South Korea: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 108 South Korea: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 109 South Korea: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 110 Rest of Asia-Pacific: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 111 Rest of Asia-Pacific: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 112 Rest of Asia-Pacific: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 113 Rest of Asia-Pacific: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 114 RoW: Thermoplastic Elastomers Market Size By Region, 2013-2020 (KT)
Table 115 RoW: Thermoplastic Elastomers Market Size, By Region, 2013-2020 (USD Million)
Table 116 RoW: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 117 RoW: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 118 RoW: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 119 RoW: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 120 South America: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 121 South America: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 122 South America: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 123 South America: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 124 CIS: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 125 CIS: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 126 CIS: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 127 CIS: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 128 Middle East & Africa: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (KT)
Table 129 Middle East & Africa: Thermoplastic Elastomers Market Size, By Type, 2013-2020 (USD Million)
Table 130 Middle East & Africa: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (KT)
Table 131 Middle East & Africa: Thermoplastic Elastomers Market Size, By Application, 2013-2020 (USD Million)
Table 132 New Product Launches
Table 133 Mergers & Acquisitions
Table 134 Expansion
Table 135 Agreements & Collaborations
Table 136 Partnerships
Table 137 Research & Development
Table 138 Arkema SA: Products Offered
Table 139 BASF SE: Products Offered
Table 140 Bayer AG: Products Offered
Table 141 China Petroleum & Chemical Corporation : Products Offered
Table 142 The DOW Chemical Company: Products Offered
Table 143 Evonik Industries AG.: Products Offered
Table 144 Huntsman Corporation: Products Offered


List of Figures (54 Figures)

Figure 1 Thermoplastic Elastomers: Research Methodology
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Thermoplastic Elastomers Market: Data Triangulation
Figure 5 Styrenic Block Copolymer Projected to Be the Dominant Type of Thermoplastic Elastomers, 2015 Vs.2020 (Kilotons)
Figure 6 Asia-Pacific Led the Thermoplastic Elastomers Market in 2014
Figure 7 Thermoplastic Elastomers Market Size, 2015 vs 2020 (USD Billion)
Figure 8 Market Share of Thermoplastic Elastomers for Asia-Pacific Region (2015-2020)
Figure 9 Asia-Pacific Expected to Dominate the Global Thermoplastic Elastomers Market (2015-2020)
Figure 10 Thermoplastic Elastomers Market Segmentation: By Type
Figure 11 Thermoplastic Elastomers Market, By Application
Figure 12 Thermoplastic Elastomers Market, By Region
Figure 13 Thermoplastic Elastomers : Market Dynamics
Figure 14 Thermoplastic Elastomers Market: Value Chain Analysis
Figure 15 Porter’s Five Forces Analysis
Figure 16 Styrenic Block Copolymer Dominated the Thermoplastic Elastomers Market in 2014
Figure 17 Asia-Pacific Projected to Be Fastest-Growing Market for Styrenic Block Copolymer Between 2015 and 2020
Figure 18 Thermoplastic Polyurethane Market Projected to Be Dominated By Asia-Pacific During Forecast Period
Figure 19 North America to Lead Thermoplastic Polyolefins Market Between 2015 and 2020 (KT)
Figure 20 Asia-Pacific to Witness Highest Growth Rate of TPV Between 2015 and 2020
Figure 21 North America Dominates Copolyester Ether Elastomers Demand
Figure 22 Europe to Lead the Polyether Block Amide Elastomers Market Till 2020
Figure 23 Thermoplastic Elastomer Applications
Figure 24 Automotive Segment Projected to Remain the Largest Application for Thermoplastic Elastomers Through 2020
Figure 25 Asia-Pacific to Lead Growth of Thermoplastic Elastomers Market in Automotive Segment Between 2015 and 2020
Figure 26 North America Projected to Remain the Largest Market for Thermoplastic Elastomers in Building & Construction Segment
Figure 27 Asia-Pacific Dominates Thermoplastic Elastomers Market in Footwear Segment (KT)
Figure 28 Asia-Pacific Registers the Highest Consumption in Engineering Segment of Tpe During Forecast Period (KT)
Figure 29 Asia-Pacific Dominates Thermoplastic Elastomers Market in Wires & Cables Segment Between 2015 and 2020 (KT)
Figure 30 North America is Projected to Dominate Thermoplastic Elastomers Demand in Medical Segment By 2020 (KT)
Figure 31 Asia-Pacific Projected to Witness Highest Growth in Thermoplastic Elastomers Market in Others Application Between 2015 and 2020
Figure 32 Regional Snapshot – Rapid Growth Markets Emerging as New Hotspots
Figure 33 North American Market Snapshot: Increase in Consumption of Thermoplastic Elastomers, 2015-2020
Figure 34 European Market Snapshot: Country-Wise Consumption of Thermoplastic Elastomers in Automotive, Building & Construction, and Footwear Industries
Figure 35 Germany Market Snapshot: Thermoplastic Elastomers Consumption, By Type
Figure 36 Asia-Pacific Snapshot: China Dominates the Consumption of Thermoplastic Elastomers in Asia-Pacific
Figure 37 China Market Snapshot: Consumption of Thermoplastic Elastomers Between 2015 and 2020
Figure 38 Major Market Developments in Thermoplastic Elastomers Market, 2012-2015
Figure 39 Companies Adopted New Product Launches as the Key Growth Strategy in the Last Five Years
Figure 40 Top Companies Adopted New Product Launches as the Key Growth Strategy Between 2012 and 2015
Figure 41 Major Growth Strategies for Acquiring Market Share, 2012-2015
Figure 42 Regional Revenue Mix of Top Five Market Players
Figure 43 Arkema SA: Company Snapshot
Figure 44 Arkema SA: SWOT Analysis
Figure 45 BASF SE: Company Snapshot
Figure 46 BASF SE: SWOT Analysis
Figure 47 Bayer AG: Company Snapshot
Figure 48 Bayer AG: SWOT Analysis
Figure 49 China Petroleum & Chemical Corporation: Company Snapshot
Figure 50 The DOW Chemical Company: Company Snapshot
Figure 51 The DOW Chemical Company: SWOT Analysis
Figure 52 Evonik Industries AG: Company Snapshot
Figure 53 Huntsman Corporation: Company Snapshot
Figure 54 Huntsman Corporation: SWOT Analysis

Automotive, building & construction, footwear, engineering, wires & cables, medical, and others are the key applications of thermoplastic elastomers (TPEs). Among these automotive is expected to remain the dominant application of TPEs with its steady growth. The TPEs market is expected to grow at a healthy growth rate in next five years driven by the growing sales of tire and other rubber products from automotive industry. TPEs are being used in various applications in the last few years and the demand is expected to increase in emerging applications, such as wires & cables and medical.

The market for thermoplastic elastomers is projected to grow at a CAGR of 8.0% to reach each 27.8 Billion by 2020.

Globally, Asia-Pacific accounted for the largest share of the TPEs market in 2014, followed by North America and Europe. China was the single largest market globally which accounted for more than 24% of the global demand in 2014 whereas India is expected to register a higher growth rate. The U.S. and other Asia-Pacific countries, such as India and Japan have also accounted for a significant share of TPEs market.

New product launch and mergers & acquisitions are the key strategies on which market players are concentrating on. Companies operating in the TPEs market are also focusing on capacity expansions and agreements to tap the opportunities in applications, such as footwear, engineering, building & construction, and medical.

Key players of TPEs in North America include The Dow Chemical Company (U.S.), Huntsman Corporation (U.S.), Lubrizol Corporation (U.S.), Teknor Apex Company (U.S.). In Europe, BASF SE (Germany), Arkema SA (France), Bayer AG (Germany), Evonik Industries (Germany) are renowned players. China Petroleum and Chemical Corporation (China) and Nippon Polyurethane Industry Company Limited (Japan) are the key participants in the TPEs market in Asia-Pacific.

Thermoplastic Elastomer Market

The TPEs market will be driven by replacement of EPDM and EPR by thermoplastic elastomers. Growing automobiles sales is also expected to drive the TPEs demand in the forecast period. However, volatility in the prices of TPEs and technological challenges are the key restraining factors for this market.

The report analyzes the market on the basis of market reach of each application in each major region and country. It also covers the market behavior of leading producers, key developments, and strategies implemented to sustain in this market.

Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Please visit http://www.marketsandmarkets.com/knowledge-process-outsourcing-services.asp to specify your custom Research Requirement

Connect With Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441
UK : 44-800-368-9399

Search reports



Access reports on all high
growth Chemicals Markets on KnowledgeStore
Request Demo Now