1. Market Research
  2. > Chemical Market Trends
World Thermoplastic Elastomers Market

World Thermoplastic Elastomers Market

  • November 2015
  • 380 pages
  • ID: 1609550

Summary

Table of Contents

Study coverage

This report presents historical demand data (2004, 2009 and 2014) plus forecasts (2019 and 2024) by market and product for 6 world regions and 16 major countries. The study also assesses market environment factors, examines industry structure, evaluates company market share and profiles 40 industry players worldwide.

World demand to rise 5.1% annually through 2019

Worldwide demand for thermoplastic elastomers (TPEs) is forecast to grow by 5.2 percent per year to 6.7 million metric tons in 2019. Advances will be driven by ongoing product innovation on the part of TPE manufacturers and compounders, allowing these materials to penetrate new applications. TPEs will continue to replace metals, thermoset rubbers, and other thermoplastics because they offer easier and faster processing as well as functionality in demanding environments. Additionally, TPE demand will benefit from the ongoing push to reduce motor vehicle weight, particularly as automotive fuel economy standards around the world become more stringent. Healthy growth will also be fueled by advances in emerging markets, which will benefit from increased adoption of TPEs over competing materials in applications such as adhesives and industrial components.

Asia/Pacific region to lead growth

The Asia/Pacific region will continue to be the largest market for TPEs through 2019, rising at an above average pace to account for over half of world demand. China, the world’s largest consumer of TPEs in volume terms, will continue to see more than seven percent annual growth in demand. Gains will also benefit from robust expansion in India and Southeast Asia, where manufacturing output is expected to rise strongly. TPE demand in North America and Western Europe will see modest slowing compared to the 2009-2014 period of economic recovery, although advances will remain solid. Other world regions will enjoy above-average gains in demand through 2019, particularly the Africa/ Mideast region, where current TPE consumption per capita is lowest.

SBCs to remain top segment; TPVs to grow the fastest

Styrenic block copolymers (SBCs) will remain the leading TPE product type through 2019. SBC demand will benefit from healthy growth in adhesives and consumer products, although the large and mature footwear market will limit advances. The fastest gains are expected for thermoplastic vulcanizates (TPVs), which are penetrating new applications in motor vehicle, consumer, and medical product markets. Smaller volume TPEs including copolyesters, fluoropolymers, and silicones are penetrating markets with strict regulatory and performance requirements. A resurgent motor vehicle industry will propel demand for thermoplastic polyolefins (TPOs), although advances will be restrained by maturity in applications such as automotive bumper fascia.

Industrial products to be fastest growing market

Motor vehicles account for the largest portion of the world TPE market. Advances will be bolstered by increased automotive production in emerging markets, and by growth in the amount of TPE used per vehicle in North America and Western Europe. Automotive markets will also benefit from such technological enhancements as overmolding TPE thin skins to thermoplastics in interior components. Industrial products will experience the fastest gains in demand, as rising manufacturing activity in emerging markets will incorporate TPEs to improve ergonomic and soft-touch features for industrial equipment. Healthy growth will be seen in other market categories such as packaging, wire and cable, and consumer products. For these applications, TPEs offer property balance and a perceived environmental benefit over PVC.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Amrita helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Polyisobutylene Market by Product, Molecular Weight, Application, End-use Industry, Region - Global Forecast to 2022

Polyisobutylene Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • December 2017
  • by MarketsandMarkets

The polyisobutylene market is projected to grow at a CAGR of 5.2% from 2017 to 2022 in terms of value.The polyisobutylene market is projected to grow from USD 2.16 billion in 2017 to USD 2.78 billion by ...

Automotive Elastomers Market by Type, Application And Region - Global Forecast to 2022

Automotive Elastomers Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • December 2017
  • by MarketsandMarkets

The growing automotive and transportation industry is leading to the increasing demand from the automotive elastomers marketThe global automotive elastomers market is projected to reach USD 58.82 billion ...

Silicone Market by Type, End-Use Industry And Region - Global Forecasts to 2022

Silicone Market: Global Forecasts until 2022

  • $ 5650
  • Industry report
  • October 2017
  • by MarketsandMarkets

“Efficient and sustainable properties of silicone and growing demand for silicones in emerging clusters of Asia Pacific and the Middle East & Africa regions are driving the global silicone market”The ...


ref:plp2015

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.