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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.
Market Analysis and Insights: Global Thermoplastic Elastomers (TPE) Market
Due to the COVID-19 pandemic, the global Thermoplastic Elastomers (TPE) market size is estimated to be worth US$ 14270 million in 2022 and is forecast to a readjusted size of US$ 18480 million by 2028 with a CAGR of 4.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Styrene-based TPE (SBCs) accounting for % of the Thermoplastic Elastomers (TPE) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Footwear segment is altered to an % CAGR throughout this forecast period.
Global Thermoplastic Elastomers (TPE) key players include DuPont, Arkema SA, ExxonMobil, DOW Chemical, etc.
North America is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 50 percent.
In terms of product, Styrene-based TPE (SBCs) is the largest segment, with a share about 40%. And in terms of application, the largest application is Footwear, followed by Automobile, Building and construction, etc.
Global Thermoplastic Elastomers (TPE) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Thermoplastic Elastomers (TPE) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Styrene-based TPE (SBCs)
Thermoplastic Polyolefins
Thermoplastic Polyurethanes
Polyether Ester TPE(TPEE)
Others
Segment by Application
Footwear
Automobile
Building and Construction
Others
By Company
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
INEOS Styrolution
Avient Corporation
HEXPOL
LCY Technology Corp
Ningbo Changhong Polymer Scientific & Technical
Production by Region
North America
Europe
China
Japan
China Taiwan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Thermoplastic Elastomers (TPE) Market
Due to the COVID-19 pandemic, the global Thermoplastic Elastomers (TPE) market size is estimated to be worth US$ 14270 million in 2022 and is forecast to a readjusted size of US$ 18480 million by 2028 with a CAGR of 4.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Styrene-based TPE (SBCs) accounting for % of the Thermoplastic Elastomers (TPE) global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Footwear segment is altered to an % CAGR throughout this forecast period.
Global Thermoplastic Elastomers (TPE) key players include DuPont, Arkema SA, ExxonMobil, DOW Chemical, etc.
North America is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 50 percent.
In terms of product, Styrene-based TPE (SBCs) is the largest segment, with a share about 40%. And in terms of application, the largest application is Footwear, followed by Automobile, Building and construction, etc.
Global Thermoplastic Elastomers (TPE) Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Thermoplastic Elastomers (TPE) Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Styrene-based TPE (SBCs)
Thermoplastic Polyolefins
Thermoplastic Polyurethanes
Polyether Ester TPE(TPEE)
Others
Segment by Application
Footwear
Automobile
Building and Construction
Others
By Company
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
INEOS Styrolution
Avient Corporation
HEXPOL
LCY Technology Corp
Ningbo Changhong Polymer Scientific & Technical
Production by Region
North America
Europe
China
Japan
China Taiwan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
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This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
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The report provides a detailed evaluation of the market by
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