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Global Thermoplastic Elastomers (TPE) Compounds Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 03, 2025
Length 171 Pages
SKU # BOSS20299282

Description

Report Overview

Thermoplastic elastomers (TPE) compounds are a class of polymers that combine the elasticity of rubber with the processability of thermoplastics, offering advantages such as recyclability, design flexibility, and ease of manufacturing. These materials exhibit properties like high-temperature resistance, chemical stability, and durability, making them suitable for applications across automotive, consumer goods, medical devices, and industrial sectors. TPEs can be customized through compounding to achieve specific performance characteristics such as hardness, tensile strength, and resistance to environmental factors. Their ability to be repeatedly melted and reshaped without significant degradation enhances sustainability, aligning with growing demand for eco-friendly materials. The market is segmented into styrenic block copolymers (SBCs), thermoplastic polyolefins (TPOs), thermoplastic polyurethanes (TPUs), and others, each catering to distinct industry needs. The increasing shift from traditional thermoset rubbers to TPEs, driven by cost efficiency and regulatory pressures for reduced VOC emissions, further propels market growth. Key players focus on innovation in bio-based TPEs and high-performance blends to meet evolving industry standards. Geographically, Asia-Pacific dominates due to robust manufacturing activity, while North America and Europe emphasize advanced applications in healthcare and automotive lightweighting. The market is projected to expand steadily, supported by rising demand in electric vehicles, wearable technology, and sustainable packaging solutions.

The global Thermoplastic Elastomers (TPE) Compounds market size was estimated at USD 14231.58 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 8.50% during the forecast period.

This report provides a deep insight into the global Thermoplastic Elastomers (TPE) Compounds market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Thermoplastic Elastomers (TPE) Compounds Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Thermoplastic Elastomers (TPE) Compounds market in any manner.

Global Thermoplastic Elastomers (TPE) Compounds Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Kraton Polymers

Dynasol

LG Chem

INEOS Styrolution

Avient Corporation

Asahi Chemical

Versalis

Mitsubishi Chemical

Sibur

Kumho Petrochemical

ExxonMobil

JSR

Kuraray

Sinopec

LCY Technology Corp

TSRC

CNPC

ChiMei

Market Segmentation (by Type)

Styrenic Block Copolymers (TPS or TPE-S)

Thermoplastic Vulcanizates (TPV)

Others

Market Segmentation (by Application)

Footwear

Automobile

Building & Construction

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Thermoplastic Elastomers (TPE) Compounds Market

Overview of the regional outlook of the Thermoplastic Elastomers (TPE) Compounds Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Thermoplastic Elastomers (TPE) Compounds Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Thermoplastic Elastomers (TPE) Compounds, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

171 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Thermoplastic Elastomers (Tpe) Compounds
1.2 Key Market Segments
1.2.1 Thermoplastic Elastomers (Tpe) Compounds Segment By Type
1.2.2 Thermoplastic Elastomers (Tpe) Compounds Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Thermoplastic Elastomers (Tpe) Compounds Market Overview
2.1 Global Market Overview
2.1.1 Global Thermoplastic Elastomers (Tpe) Compounds Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Thermoplastic Elastomers (Tpe) Compounds Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Thermoplastic Elastomers (Tpe) Compounds Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Thermoplastic Elastomers (Tpe) Compounds Product Life Cycle
3.3 Global Thermoplastic Elastomers (Tpe) Compounds Sales By Manufacturers (2020-2025)
3.4 Global Thermoplastic Elastomers (Tpe) Compounds Revenue Market Share By Manufacturers (2020-2025)
3.5 Thermoplastic Elastomers (Tpe) Compounds Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Thermoplastic Elastomers (Tpe) Compounds Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Thermoplastic Elastomers (Tpe) Compounds Market Competitive Situation And Trends
3.8.1 Thermoplastic Elastomers (Tpe) Compounds Market Concentration Rate
3.8.2 Global 5 And 10 Largest Thermoplastic Elastomers (Tpe) Compounds Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Thermoplastic Elastomers (Tpe) Compounds Industry Chain Analysis
4.1 Thermoplastic Elastomers (Tpe) Compounds Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Thermoplastic Elastomers (Tpe) Compounds Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Thermoplastic Elastomers (Tpe) Compounds Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Thermoplastic Elastomers (Tpe) Compounds Market
5.7 Esg Ratings Of Leading Companies
6 Thermoplastic Elastomers (Tpe) Compounds Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Thermoplastic Elastomers (Tpe) Compounds Sales Market Share By Type (2020-2025)
6.3 Global Thermoplastic Elastomers (Tpe) Compounds Market Size Market Share By Type (2020-2025)
6.4 Global Thermoplastic Elastomers (Tpe) Compounds Price By Type (2020-2025)
7 Thermoplastic Elastomers (Tpe) Compounds Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Thermoplastic Elastomers (Tpe) Compounds Market Sales By Application (2020-2025)
7.3 Global Thermoplastic Elastomers (Tpe) Compounds Market Size (M Usd) By Application (2020-2025)
7.4 Global Thermoplastic Elastomers (Tpe) Compounds Sales Growth Rate By Application (2020-2025)
8 Thermoplastic Elastomers (Tpe) Compounds Market Sales By Region
8.1 Global Thermoplastic Elastomers (Tpe) Compounds Sales By Region
8.1.1 Global Thermoplastic Elastomers (Tpe) Compounds Sales By Region
8.1.2 Global Thermoplastic Elastomers (Tpe) Compounds Sales Market Share By Region
8.2 Global Thermoplastic Elastomers (Tpe) Compounds Market Size By Region
8.2.1 Global Thermoplastic Elastomers (Tpe) Compounds Market Size By Region
8.2.2 Global Thermoplastic Elastomers (Tpe) Compounds Market Size Market Share By Region
8.3 North America
8.3.1 North America Thermoplastic Elastomers (Tpe) Compounds Sales By Country
8.3.2 North America Thermoplastic Elastomers (Tpe) Compounds Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Thermoplastic Elastomers (Tpe) Compounds Sales By Country
8.4.2 Europe Thermoplastic Elastomers (Tpe) Compounds Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Thermoplastic Elastomers (Tpe) Compounds Sales By Region
8.5.2 Asia Pacific Thermoplastic Elastomers (Tpe) Compounds Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Thermoplastic Elastomers (Tpe) Compounds Sales By Country
8.6.2 South America Thermoplastic Elastomers (Tpe) Compounds Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Thermoplastic Elastomers (Tpe) Compounds Sales By Region
8.7.2 Middle East And Africa Thermoplastic Elastomers (Tpe) Compounds Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Thermoplastic Elastomers (Tpe) Compounds Market Production By Region
9.1 Global Production Of Thermoplastic Elastomers (Tpe) Compounds By Region(2020-2025)
9.2 Global Thermoplastic Elastomers (Tpe) Compounds Revenue Market Share By Region (2020-2025)
9.3 Global Thermoplastic Elastomers (Tpe) Compounds Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Thermoplastic Elastomers (Tpe) Compounds Production
9.4.1 North America Thermoplastic Elastomers (Tpe) Compounds Production Growth Rate (2020-2025)
9.4.2 North America Thermoplastic Elastomers (Tpe) Compounds Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Thermoplastic Elastomers (Tpe) Compounds Production
9.5.1 Europe Thermoplastic Elastomers (Tpe) Compounds Production Growth Rate (2020-2025)
9.5.2 Europe Thermoplastic Elastomers (Tpe) Compounds Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Thermoplastic Elastomers (Tpe) Compounds Production (2020-2025)
9.6.1 Japan Thermoplastic Elastomers (Tpe) Compounds Production Growth Rate (2020-2025)
9.6.2 Japan Thermoplastic Elastomers (Tpe) Compounds Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Thermoplastic Elastomers (Tpe) Compounds Production (2020-2025)
9.7.1 China Thermoplastic Elastomers (Tpe) Compounds Production Growth Rate (2020-2025)
9.7.2 China Thermoplastic Elastomers (Tpe) Compounds Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Kraton Polymers
10.1.1 Kraton Polymers Basic Information
10.1.2 Kraton Polymers Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.1.3 Kraton Polymers Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.1.4 Kraton Polymers Business Overview
10.1.5 Kraton Polymers Swot Analysis
10.1.6 Kraton Polymers Recent Developments
10.2 Dynasol
10.2.1 Dynasol Basic Information
10.2.2 Dynasol Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.2.3 Dynasol Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.2.4 Dynasol Business Overview
10.2.5 Dynasol Swot Analysis
10.2.6 Dynasol Recent Developments
10.3 Lg Chem
10.3.1 Lg Chem Basic Information
10.3.2 Lg Chem Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.3.3 Lg Chem Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.3.4 Lg Chem Business Overview
10.3.5 Lg Chem Swot Analysis
10.3.6 Lg Chem Recent Developments
10.4 Ineos Styrolution
10.4.1 Ineos Styrolution Basic Information
10.4.2 Ineos Styrolution Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.4.3 Ineos Styrolution Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.4.4 Ineos Styrolution Business Overview
10.4.5 Ineos Styrolution Recent Developments
10.5 Avient Corporation
10.5.1 Avient Corporation Basic Information
10.5.2 Avient Corporation Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.5.3 Avient Corporation Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.5.4 Avient Corporation Business Overview
10.5.5 Avient Corporation Recent Developments
10.6 Asahi Chemical
10.6.1 Asahi Chemical Basic Information
10.6.2 Asahi Chemical Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.6.3 Asahi Chemical Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.6.4 Asahi Chemical Business Overview
10.6.5 Asahi Chemical Recent Developments
10.7 Versalis
10.7.1 Versalis Basic Information
10.7.2 Versalis Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.7.3 Versalis Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.7.4 Versalis Business Overview
10.7.5 Versalis Recent Developments
10.8 Mitsubishi Chemical
10.8.1 Mitsubishi Chemical Basic Information
10.8.2 Mitsubishi Chemical Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.8.3 Mitsubishi Chemical Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.8.4 Mitsubishi Chemical Business Overview
10.8.5 Mitsubishi Chemical Recent Developments
10.9 Sibur
10.9.1 Sibur Basic Information
10.9.2 Sibur Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.9.3 Sibur Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.9.4 Sibur Business Overview
10.9.5 Sibur Recent Developments
10.10 Kumho Petrochemical
10.10.1 Kumho Petrochemical Basic Information
10.10.2 Kumho Petrochemical Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.10.3 Kumho Petrochemical Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.10.4 Kumho Petrochemical Business Overview
10.10.5 Kumho Petrochemical Recent Developments
10.11 Exxonmobil
10.11.1 Exxonmobil Basic Information
10.11.2 Exxonmobil Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.11.3 Exxonmobil Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.11.4 Exxonmobil Business Overview
10.11.5 Exxonmobil Recent Developments
10.12 Jsr
10.12.1 Jsr Basic Information
10.12.2 Jsr Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.12.3 Jsr Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.12.4 Jsr Business Overview
10.12.5 Jsr Recent Developments
10.13 Kuraray
10.13.1 Kuraray Basic Information
10.13.2 Kuraray Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.13.3 Kuraray Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.13.4 Kuraray Business Overview
10.13.5 Kuraray Recent Developments
10.14 Sinopec
10.14.1 Sinopec Basic Information
10.14.2 Sinopec Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.14.3 Sinopec Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.14.4 Sinopec Business Overview
10.14.5 Sinopec Recent Developments
10.15 Lcy Technology Corp
10.15.1 Lcy Technology Corp Basic Information
10.15.2 Lcy Technology Corp Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.15.3 Lcy Technology Corp Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.15.4 Lcy Technology Corp Business Overview
10.15.5 Lcy Technology Corp Recent Developments
10.16 Tsrc
10.16.1 Tsrc Basic Information
10.16.2 Tsrc Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.16.3 Tsrc Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.16.4 Tsrc Business Overview
10.16.5 Tsrc Recent Developments
10.17 Cnpc
10.17.1 Cnpc Basic Information
10.17.2 Cnpc Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.17.3 Cnpc Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.17.4 Cnpc Business Overview
10.17.5 Cnpc Recent Developments
10.18 Chimei
10.18.1 Chimei Basic Information
10.18.2 Chimei Thermoplastic Elastomers (Tpe) Compounds Product Overview
10.18.3 Chimei Thermoplastic Elastomers (Tpe) Compounds Product Market Performance
10.18.4 Chimei Business Overview
10.18.5 Chimei Recent Developments
11 Thermoplastic Elastomers (Tpe) Compounds Market Forecast By Region
11.1 Global Thermoplastic Elastomers (Tpe) Compounds Market Size Forecast
11.2 Global Thermoplastic Elastomers (Tpe) Compounds Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Thermoplastic Elastomers (Tpe) Compounds Market Size Forecast By Country
11.2.3 Asia Pacific Thermoplastic Elastomers (Tpe) Compounds Market Size Forecast By Region
11.2.4 South America Thermoplastic Elastomers (Tpe) Compounds Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Thermoplastic Elastomers (Tpe) Compounds By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Thermoplastic Elastomers (Tpe) Compounds Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Thermoplastic Elastomers (Tpe) Compounds By Type (2026-2033)
12.1.2 Global Thermoplastic Elastomers (Tpe) Compounds Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Thermoplastic Elastomers (Tpe) Compounds By Type (2026-2033)
12.2 Global Thermoplastic Elastomers (Tpe) Compounds Market Forecast By Application (2026-2033)
12.2.1 Global Thermoplastic Elastomers (Tpe) Compounds Sales (K Mt) Forecast By Application
12.2.2 Global Thermoplastic Elastomers (Tpe) Compounds Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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