Global Thermoplastic Elastomer Materials (TPE) Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Thermoplastic Elastomer Materials (TPE) market size will reach 16,140 Million USD in 2025 and is projected to reach 26,829 Million USD by 2032, with a CAGR of 7.53% (2025-2032). Notably, the China Thermoplastic Elastomer Materials (TPE) market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Thermoplastic elastomer materials, often abbreviated as TPE, represent a class of polymers that combine the characteristics of thermoplastics and elastomers. These materials exhibit both the processability of thermoplastics and the elastic properties of traditional rubber. TPEs can be molded and shaped like thermoplastics, allowing for easy manufacturing through processes such as injection molding and extrusion. Simultaneously, they provide flexibility, resilience, and soft-touch properties akin to elastomers. This versatility makes TPEs suitable for a wide range of applications, including automotive components, consumer goods, medical devices, and more. The ability to achieve various hardness levels, from soft and flexible to rigid, makes TPEs valuable in applications where a balance of mechanical properties and ease of processing is essential.

The major global  manufacturers of Thermoplastic Elastomer Materials (TPE) include Kraton Polymers, Dynasol, LG Chem, INEOS Styrolution, Avient Corporation, Asahi Chemical, Versalis, Mitsubishi Chemical, Sibur, Kumho Petrochemical, Celanese (ExxonMobil), Kuraray, Eneos（JSR）, DuPont, HEXPOL, Sinopec, LCY Technology Corp, Taiwan Synthetic Rubber Corp, CNPC, CHIMEI, Ningbo Changhong Polymer Scientific & Technical Inc., etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Thermoplastic Elastomer Materials (TPE). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Thermoplastic Elastomer Materials (TPE) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Thermoplastic Elastomer Materials (TPE) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Thermoplastic Elastomer Materials (TPE) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Thermoplastic Elastomer Materials (TPE) Include:

Kraton Polymers

Dynasol

LG Chem

INEOS Styrolution

Avient Corporation

Asahi Chemical

Versalis

Mitsubishi Chemical

Sibur

Kumho Petrochemical

Celanese (ExxonMobil)

Kuraray

Eneos（JSR）

DuPont

HEXPOL

Sinopec

LCY Technology Corp

Taiwan Synthetic Rubber Corp

CNPC

CHIMEI

Ningbo Changhong Polymer Scientific & Technical Inc.

Thermoplastic Elastomer Materials (TPE) Product Segment Include:

Styrenic Block Copolymer (TPS or TPE-S)

Thermoplastic Vulcanizate (TPV)

Others

Thermoplastic Elastomer Materials (TPE) Product Application Include:

Shoe

Automotive

Building Construction

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Thermoplastic Elastomer Materials (TPE) Capacity and Production Analysis

Chapter 3: Global Thermoplastic Elastomer Materials (TPE) Industry PESTEL Analysis

Chapter 4: Global Thermoplastic Elastomer Materials (TPE) Industry Porter's Five Forces Analysis

Chapter 5: Global Thermoplastic Elastomer Materials (TPE) Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Thermoplastic Elastomer Materials (TPE) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Thermoplastic Elastomer Materials (TPE) Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Thermoplastic Elastomer Materials (TPE) Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources Show more