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Thermoplastic Elastomer Market by Type (Copolyester Ether Elastomers, Polyether Block Amide Elastomers, Styrenic Block Copolymer), End Use Industry (Aerospace & Defense, Automotive, Building & Construction) - Global Forecast 2023-2030

Publisher 360iResearch
Published Oct 05, 2023
Length 193 Pages
SKU # IRE18312957

Description

Thermoplastic Elastomer Market by Type (Copolyester Ether Elastomers, Polyether Block Amide Elastomers, Styrenic Block Copolymer), End Use Industry (Aerospace & Defense, Automotive, Building & Construction) - Global Forecast 2023-2030


The Thermoplastic Elastomer Market is projected to reach USD 58.39 billion by 2030 from USD 33.34 billion in 2022, at a CAGR of 7.25% during the forecast period.

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Thermoplastic Elastomer Market.
  • Based on Type, market is studied across Copolyester Ether Elastomers, Polyether Block Amide Elastomers, Styrenic Block Copolymer, Thermoplastic Polyolefins, Thermoplastic Polyurethane, and Thermoplastic Vulcanizates. The Thermoplastic Polyolefins commanded largest market share of 21.23% in 2022, followed by Thermoplastic Polyurethane.
  • Based on End Use Industry, market is studied across Aerospace & Defense, Automotive, Building & Construction, Consumer Goods & Sports, Engineering, Medical, and Wires & Cables. The Automotive commanded largest market share of 18.12% in 2022, followed by Consumer Goods & Sports.
  • Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 42.12% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Thermoplastic Elastomer Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Thermoplastic Elastomer Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Thermoplastic Elastomer Market, highlighting leading vendors and their innovative profiles. These include Arkema S.A., Asahi Kasei Corporation, Aurora Plastics, LLC, Avient Corporation, BASF SE, Biesterfeld AG, Celanese Corporation, China Petroleum & Chemical Corporation, Covestro AG, Distrupol, DuPont de Nemours, Inc., Elastron Kimya Sanayi ve Ticaret A.Ş., Evonik Industries AG, Exxon Mobil Corporation, Huntsman International LLC, KRAIBURG TPE, Kraton Corporation, LCY Chemical Corp., Lubrizol Corporation, LyondellBasell Industries N.V., Mitsubishi Chemical Holdings Corporation, Mitsui Chemicals, Inc., Moriroku Chemicals Company, Ltd., RTP Company, Shin-Etsu Polymer Co., Ltd., SIBUR International GmbH, Teknor Apex Company, Inc., The Dow Chemical Company, Tosoh Corporation, TSRC Corporation, and Zeon Corporation.

The report offers valuable insights on the following aspects:
  1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
  2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
  3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
  4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
  5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
  1. What is the market size and forecast for the Thermoplastic Elastomer Market?
  2. Which products, segments, applications, and areas hold the highest investment potential in the Thermoplastic Elastomer Market?
  3. What is the competitive strategic window for identifying opportunities in the Thermoplastic Elastomer Market?
  4. What are the latest technology trends and regulatory frameworks in the Thermoplastic Elastomer Market?
  5. What is the market share of the leading vendors in the Thermoplastic Elastomer Market?
  6. Which modes and strategic moves are suitable for entering the Thermoplastic Elastomer Market?


Please Note: PDF & Excel + Online Access - 1 Year

Table of Contents

193 Pages
1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Thermoplastic Elastomer Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising Use of Thermoplastic Elastomer in Automotive Applications
5.1.1.2. Increasing Adoption of Consumer Electronics Goods
5.1.1.3. Growing Investments in Building and Construction Sector for Infrastructure Development
5.1.2. Restraints
5.1.2.1. Price Volatility Associated with Production of Thermoplastic Elastomer (TPE)
5.1.3. Opportunities
5.1.3.1. Emerging Applications of Thermoplastic Elastomer with Material Enhancements
5.1.3.2. Development of Bio-based Thermoplastic Elastomers
5.1.4. Challenges
5.1.4.1. Limited Sustainability with Thermoplastic Elastomer (TPE) and Its Production
5.2. Market Segmentation Analysis
5.2.1. Type: Proliferating use of thermoplastic elastomer in high-performance and heat resistance applications
5.2.2. End Use Industry: Growing demand for TPE in engineering and automotive industries to manufacture lightweight and durable products
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. Thermoplastic Elastomer Market, by Type
6.1. Introduction
6.2. Copolyester Ether Elastomers
6.3. Polyether Block Amide Elastomers
6.4. Styrenic Block Copolymer
6.5. Thermoplastic Polyolefins
6.6. Thermoplastic Polyurethane
6.7. Thermoplastic Vulcanizates
7. Thermoplastic Elastomer Market, by End Use Industry
7.1. Introduction
7.2. Aerospace & Defense
7.3. Automotive
7.4. Building & Construction
7.5. Consumer Goods & Sports
7.6. Engineering
7.7. Medical
7.8. Wires & Cables
8. Americas Thermoplastic Elastomer Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Thermoplastic Elastomer Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam
10. Europe, Middle East & Africa Thermoplastic Elastomer Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
11.3.1. Merger & Acquisition
11.3.1.1. On April 20th, 2021 the European Union (EU) approved Celanese Corporation’s acquisition of Dupont Engineering Polymers.
11.3.1.2. Aurora Plastics and Enviroplas Announced Merger.
11.3.1.3. Mitsubishi Chemical Acquired Thermoplastic Elastomer Business.
11.3.2. Agreement, Collaboration, & Partnership
11.3.2.1. Eastman and Exolon Group Collaboration to Enhance Rigid Medical Packaging.
11.3.2.2. Teknor Apex and UBQ Partnered on Sustainable Thermoplastic Elastomer Solutions.
11.3.2.3. Nexeo Plastics to Distribute Teknor Apex Portfolio of Thermoplastic Elastomers in Europe
11.3.2.4. Avient Announces Industry-First Carbon Negative and Carbon Neutral Thermoplastic Elastomers.
11.3.2.5. Novoloop Partners with On to Introduce the World’s First Chemically Upcycled TPU Outsole in Cloudprime.
11.3.3. New Product Launch & Enhancement
11.3.3.1. Avient Launches Automotive-Specific Grades within its reSound REC Recycled Content TPEs Portfolio
11.3.3.2. Prism Worldwide announces the commercial availability of Ancora C-1000 Thermoplastic Elastomer, which contains 50% post-consumer recycled content derived from end-of-life tires
11.3.3.3. Kraiburg TPE to Unveil Innovative Automotive, Medical, and Sustainable Thermoplastic Elastomers at Chinaplas 2021.
11.3.3.4. Hexpol TPE Launches Medical Mass Balance Thermoplastic Elastomers.
11.3.3.5. The Future of Thermoplastic Elastomers is Here!
11.3.3.6. Avient Expands Resound TPE Portfolio.
11.3.4. Investment & Funding
11.3.4.1. Novoloop Extends Series A Round to USD 21M.
11.3.5. Award, Recognition, & Expansion
11.3.5.1. Covestro’s Plans to Construct the Largest Thermoplastic Polyurethanes Site in North America
11.3.5.2. Audia Elastomers Opens New Manufacturing Facility in Changshu, China.
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Arkema S.A.
12.1.2. Asahi Kasei Corporation
12.1.3. Aurora Plastics, LLC
12.1.4. Avient Corporation
12.1.5. BASF SE
12.1.6. Biesterfeld AG
12.1.7. Celanese Corporation
12.1.8. China Petroleum & Chemical Corporation
12.1.9. Covestro AG
12.1.10. Distrupol
12.1.11. DuPont de Nemours, Inc.
12.1.12. Elastron Kimya Sanayi ve Ticaret A.Ş.
12.1.13. Evonik Industries AG
12.1.14. Exxon Mobil Corporation
12.1.15. Huntsman International LLC
12.1.16. KRAIBURG TPE
12.1.17. Kraton Corporation
12.1.18. LCY Chemical Corp.
12.1.19. Lubrizol Corporation
12.1.20. LyondellBasell Industries N.V.
12.1.21. Mitsubishi Chemical Holdings Corporation
12.1.22. Mitsui Chemicals, Inc.
12.1.23. Moriroku Chemicals Company, Ltd.
12.1.24. RTP Company
12.1.25. Shin-Etsu Polymer Co., Ltd.
12.1.26. SIBUR International GmbH
12.1.27. Teknor Apex Company, Inc.
12.1.28. The Dow Chemical Company
12.1.29. Tosoh Corporation
12.1.30. TSRC Corporation
12.1.31. Zeon Corporation
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing

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