1. Market Research
  2. > Chemical Market Trends

Thermoplastic Elastomers (TPE) Market 2015-2019

  • January 2016
  • 79 pages
  • Infiniti Research Limited
Report ID: 3571270

Summary

Table of Contents

Search Inside

Outlook of the TPE market
Technavio’s market research analyst predicts the TPE market to witness a steady growth at a CAGR of around 8%, in terms of revenue, during the forecast period. The increased use of TPE products as a replacement for traditional materials in the automotive industry is driving the market growth. TPE, in comparison to natural rubber and EPDM, provides the manufacturer with increased design flexibility and reduced cost and enhanced long-term weather-resistance advantages. It also helps the manufacturers in reducing the overall weight of the vehicle and addressing the demand for lighter vehicles with increased fuel efficiency.

The growth of the construction sector in China is also anticipated to fuel the market growth during the forecast period. TPE is used for paving and roofing applications and in adhesives and sealants within the construction sector. The entry of major construction players from the EU in the Chinese market has further fueled the growth of this industry, thereby creating a demand for TPE products.

Segmentation by end user and analysis of - transportation, construction, healthcare, packaging
The transportation industry accounted for the around 35% of the consumption in the TPE market during 2014. The rising use of various TPE products as a replacement for traditional rubber and EPDM in the automotive segment is driving the growth of this segment.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
- Transportation
- Construction and infrastructure
- Consumer electronics and appliances
- Healthcare
- Packaging
- Footwear

Product segmentation and analysis of - styrenics, polyurethanes, copolyesters, polyamides
Styrenics accounted for nearly 38% of the overall market during 2014. The increased infrastructural developments in the emerging economies and the growing demand for styrenic from China is driving the growth of this segment.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
- Styrenics
- Polyolefin blends and alloys
- Polyurethanes
- Copolyesters
- Polyamides

Geographical segmentation and analysis of the TPE market
- Americas
- APAC
- Europe
- ROW

APAC accounted for around 42% of the global market share during 2014 and is expected to grow at a CAGR of 6% during the forecast period. The increased consumption by the automotive industry in the emerging economies, especially India, is driving the market growth in this region.

Competitive landscape and Key vendors- Dow Chemical, Dynasol, PolyOne, LCY Chemicals
The global TPE market is highly fragmented with the four Key vendorsaccounting for around 25% of the global market share in terms of capacity. The market experienced high levels of capacity additions and is currently facing the issue of overcapacity and supply.

The leading vendors in the market are
- Dynasol Elastomers
- PolyOne
- LCY Chemicals
- Dow Chemical


Other prominent vendors in the market include A. Schulman (Network Polymers), Asahi Kasei, API, Bailey, BASF, Bayer, Chi Mei, CNPC, DENKA, En Chuan, Entec Polymers, ExxonMobil, Firestone Polymers, Huntsman, JSR, JX Nippon Oil & Energy, Kumho Petrochemical, LG Chem, lliance Polymer, Lubrizol, Mitsubishi Chemical, Momentive Specialty Chemicals, Rosin (Wuping) Chemicals, Saco Polymers, Sigma-Aldrich, Siloxane Aggrandize Innovative Industries, State Seal, Stellana/Elastomeric, Styrolution, Teknor Apex, Tosoh, TSRC, and Zeon.


Key questions answered in the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the TPE market?
- What are the key market trends impacting the growth of the TPE market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the TPE market?
- Trending factors influencing the market shares of the Americas, APAC, Europe, and ROW?
- What are the key outcomes of the five forces analysis of the TPE market?

Technavio also offers customization on reports based on specific client requirement.

Related reports
- Global High-performance Thermoplastics Market 2015-2019
- Global Thermoplastic Polyurethane Market 2015-2019
- Global Polymethyl Methacrylate (PMMA) Market 2015-2019
- Global Methylene Diphenyl Isocyanate (MDI) Market 2015-2019

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

Purchase Reports From Reputable Market Research Publishers

Polyisobutylene Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • July 2017
  • by Transparency Market Research

Global Polyisobutylene Market: Overview Polyisobutylene (PIB) is a commercial polymer or elastomer that is used in a number of applications in various industries due to its thermal stability, flexibility, ...

Polybutadiene Market by Type, Liquid Polybutadiene, Application, and Region - Global Forecast to 2022

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

“The growing use of polybutadiene in the tire application is a key factor for the growth of the polybutadiene market.” The global polybutadiene market size is estimated to reach USD 12.71 billion by ...

Thermoplastic Elastomers Market by Type, End-use Industry, Region - Global Forecast to 2022

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

“In terms of value, the thermoplastic elastomers market is projected to grow at a CAGR of 5.2% during the forecast period from 2017 to 2022.” The thermoplastic elastomers market is projected to reach ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

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