Thermoplastic Elastomer (TPE) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	100 Pages	Fortune Business Insights Pvt. Ltd.	January, 2025	FOB19847043

Best Price Guarantee
Price	from $4,850
Length	100 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	January, 2025
SKU	FOB19847043

Growth Factors of Thermoplastic Elastomer Market

The global thermoplastic elastomer market size was valued at USD 26.85 billion in 2019 and is projected tgrow tUSD 39.42 billion by 2027, exhibiting a CAGR of 5.7% during the forecast period of 2024-2032.

The COVID-19 pandemic troubled the Thermoplastic elastomers (TPE) market, causing a short term decline in demand owing tproduction halts and lowered appetite from industries like automotive and consumer goods. However, the market is recuperating as industries, including healthcare and creation, are under a pressure-demand, with extended wants for scientific substances and consumer merchandise, impeding the thermoplastic elastomer market growth.

Elements, including the growing demand for lightweight and gasoline-green automobile additives, the ever-increasing use of TPE in medical gadgets, and the expansion of the construction industry drive the Thermoplastic Elastomer (TPE) market.

The thermoplastic elastomer (TPE) market is experiencing a sizeable boom, pushed by increasing calls across numerous sectors. Key developments encompass the demand for lightweight and fuel-efficient automobiles within the automotive industry, leading timproved use of TPEs in car components and the global expansion of thermoplastic elastomer market share. Additionally, the rise of purchaser electronics and the call for bendy, long-lasting, and aesthetically pleasing substances drive the adoption of TPEs in customer goods packages. Furthermore, the growing attention on sustainability and the development of bio-based totally TPEs are contributing tthe boom of this market.

Comprehensive Analysis of Thermoplastic Elastomer Market

The Thermoplastic Elastomer (TPE) marketplace is classified based on type and alertness. These kinds consist of styrene block copolymers, thermoplastic polyurethanes, thermoplastic vulcanizates, thermoplastic polyolefins, and copolyester elastomers, amongst which styrene block copolymers have a better demand due tthe needs coming from the automobile, production, and clinical sectors. The thermoplastic vulcanizates segment is projected tbe one of the fastest-developing segments, fueled by the demand for lightweight fabric from the car enterprise and clinical applications. The TPE market, divided by application, can be segmented intcar, creation & manufacturing, shoes, electric & electronics, medical, and others, with automotive maintaining the most sizable proportion in line with its call for lightweight vehicles and technological development in current years. The electric & electronics and medical segments are alslikely thave a healthful boom spurred by using application-primarily based technologies in wiring, cables, and scientific technology.

The Asia Pacific region led the thermoplastic elastomer market by benefitting a size of USD 14.22 billion in 2019 due tthe increased demand for cars from purchasers and the boom within the production industry, producers have been pushed toward innovation.

The leading players in the Thermoplastic Elastomer (TPE) market significantly influence its growth trajectory and set industry standards. These key players, including Arkema SA (Colombes, France), CovestrAG (Leverkusen, Germany), Evonik Industries AG (Essen, Germany), Teknor APEX Company (Rhode Island, U.S.), BASF SE (Ludwigshafen, Germany), Huntsman Corporation (Texas, U.S.), Sinopec Group (Beijing, China), Lubrizol Corporation (Ohio, U.S.), Kraton Corporation (Texas, U.S.), and Tosoh Corporation (Tokyo, Japan), contribute ta competitive landscape, driving innovation and market advancement. Their continuous efforts in research and development, coupled with technological advancements, play a crucial role in shaping the market's future.

In November 2020, Evonik found a partnership with HP tbroaden a new co-branded elastomer, a flexible, high-overall performance forte powder made from a thermoplastic amide grade (TPA) for 3D printing.

Segmentation Table

ATTRIBUTE DETAILS

Study Period - 2016-2027

Base Year - 2019

Forecast Period - 2020-2027

Historical Period - 2016-2018

Unit Value (USD Million); Volume (Kiloton)

By Type

Styrenic Block Copolymers
Thermoplastic Polyurethane
Thermoplastic Vulcanizates
Thermoplastic Polyolefins
Copolyester elastomers
Others

By Application

Automotive
Building & Construction
Footwear
Electrical & Electronics
Medical
Others

By Geography

North America (By Type, Application, and By Country)

U.S. (By Application)

Canada (By Application)

Europe (By Type, Application, and By Country)

Germany (By Application)

France (By Application)

UK (By Application)

Italy (By Application)

Spain (By Application)

Rest of Europe (By Application)

Asia Pacific (By Type, Application, and By Country)

China (By Application)

India (By Application)

Japan (By Application)

South Korea (By Application)

Rest of Asia Pacific (By Application)

Latin America (By Type, Application, and By Country)

Brazil (By Application)

Argentina (By Application)

Rest of Latin America (By Application)

The Middle East & Africa (By Type, Application, and By Country)

Saudi Arabia (By Application)

South Africa (By Application)

Rest of Middle East & Africa (By Application)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Market Trends
4. Key Insights: 4.1. Increasing Prevalence of Chronic Diseases - by Key Countries/ Regions, 2023; 4.2. New Product Launches – by Key Players; 4.3. Key Industry Developments (Mergers, Acquisitions, Partnerships, etc.); 4.4. Impact of COVID-19 on the Market
5. Global Medical Tubing Market Analysis, Insights and Forecast, 2019-2032: 5.1. Market Analysis, Insights and Forecast – By Material; 5.1.1. Polyvinyl Chloride (PVC); 5.1.2. Silicone; 5.1.3. Polyoelfin; 5.1.4. Thermoplastic Elastomers (TPE); 5.1.5. Others; 5.2. Market Analysis, Insights and Forecast – By Application; 5.2.1. Bulk Disposable Tubing; 5.2.2. Catheterization; 5.2.3. Drug Delivery Systems; 5.2.4. Others; 5.3. Market Analysis, Insights and Forecast – By Indication; 5.3.1. Cardiovascular; 5.3.2. Respiratory; 5.3.3. Urological; 5.3.4. Others; 5.4. Market Analysis, Insights and Forecast – By End-user; 5.4.1. Hospitals & ASCs; 5.4.2. Aged Care Centers/Nursing Homes; 5.4.3. Others; 5.5. Market Analysis, Insights and Forecast – By Region; 5.5.1. North America; 5.5.2. Europe; 5.5.3. Asia Pacific; 5.5.4. Latin America; 5.5.5. Middle East Africa
6. North America Medical Tubing Market Analysis, Insights and Forecast, 2019-2032: 6.1. Market Analysis, Insights and Forecast – By Material; 6.1.1. Polyvinyl Chloride (PVC); 6.1.2. Silicone; 6.1.3. Polyoelfin; 6.1.4. Thermoplastic Elastomers (TPE); 6.1.5. Others; 6.2. Market Analysis, Insights and Forecast – By Application; 6.2.1. Bulk Disposable Tubing; 6.2.2. Catheterization; 6.2.3. Drug Delivery Systems; 6.2.4. Others; 6.3. Market Analysis, Insights and Forecast – By Indication; 6.3.1. Cardiovascular; 6.3.2. Respiratory; 6.3.3. Urological; 6.3.4. Others; 6.4. Market Analysis, Insights and Forecast – By End-user; 6.4.1. Hospitals & ASCs; 6.4.2. Aged Care Centers/Nursing Homes; 6.4.3. Others; 6.5. Market Analysis, Insights and Forecast – By Country; 6.5.1. U.S.; 6.5.2. Canada
7. Europe Medical Tubing Market Analysis, Insights and Forecast, 2019-2032: 7.1. Market Analysis, Insights and Forecast – By Material; 7.1.1. Polyvinyl Chloride (PVC); 7.1.2. Silicone; 7.1.3. Polyoelfin; 7.1.4. Thermoplastic Elastomers (TPE); 7.1.5. Others; 7.2. Market Analysis, Insights and Forecast – By Application; 7.2.1. Bulk Disposable Tubing; 7.2.2. Catheterization; 7.2.3. Drug Delivery Systems; 7.2.4. Others; 7.3. Market Analysis, Insights and Forecast – By Indication; 7.3.1. Cardiovascular; 7.3.2. Respiratory; 7.3.3. Urological; 7.3.4. Others; 7.4. Market Analysis, Insights and Forecast – By End-user; 7.4.1. Hospitals & ASCs; 7.4.2. Aged Care Centers/Nursing Homes; 7.4.3. Others; 7.5. Market Analysis, Insights and Forecast – By Country/ Sub-region; 7.5.1. U.K.; 7.5.2. Germany; 7.5.3. France; 7.5.4. Spain; 7.5.5. Italy; 7.5.6. Scandanavia; 7.5.7. Rest of Europe
8. Asia Pacific Medical Tubing Market Analysis, Insights and Forecast, 2019-2032: 8.1. Market Analysis, Insights and Forecast – By Material; 8.1.1. Polyvinyl Chloride (PVC); 8.1.2. Silicone; 8.1.3. Polyoelfin; 8.1.4. Thermoplastic Elastomers (TPE); 8.1.5. Others; 8.2. Market Analysis, Insights and Forecast – By Application; 8.2.1. Bulk Disposable Tubing; 8.2.2. Catheterization; 8.2.3. Drug Delivery Systems; 8.2.4. Others; 8.3. Market Analysis, Insights and Forecast – By Indication; 8.3.1. Cardiovascular; 8.3.2. Respiratory; 8.3.3. Urological; 8.3.4. Others; 8.4. Market Analysis, Insights and Forecast – By End-user; 8.4.1. Hospitals & ASCs; 8.4.2. Aged Care Centers/Nursing Homes; 8.4.3. Others; 8.5. Market Analysis, Insights and Forecast – By Country/Sub-region; 8.5.1. Japan; 8.5.2. China; 8.5.3. Australia; 8.5.4. India; 8.5.5. Southeast Asia; 8.5.6. Rest of Asia Pacific
9. Latin America Medical Tubing Market Analysis, Insights and Forecast, 2019-2032: 9.1. Market Analysis, Insights and Forecast – By Material; 9.1.1. Polyvinyl Chloride (PVC); 9.1.2. Silicone; 9.1.3. Polyoelfin; 9.1.4. Thermoplastic Elastomers (TPE); 9.1.5. Others; 9.2. Market Analysis, Insights and Forecast – By Application; 9.2.1. Bulk Disposable Tubing; 9.2.2. Catheterization; 9.2.3. Drug Delivery Systems; 9.2.4. Others; 9.3. Market Analysis, Insights and Forecast – By Indication; 9.3.1. Cardiovascular; 9.3.2. Respiratory; 9.3.3. Urological; 9.3.4. Others; 9.4. Market Analysis, Insights and Forecast – By End-user; 9.4.1. Hospitals & ASCs; 9.4.2. Aged Care Centers/Nursing Homes; 9.4.3. Others; 9.5. Market Analysis, Insights and Forecast – By Country/Sub-region; 9.5.1. Brazil; 9.5.2. Mexico; 9.5.3. Rest of Latin America
10. Middle East & Africa Medical Tubing Market Analysis, Insights and Forecast, 2019-2032: 10.1. Market Analysis, Insights and Forecast – By Material; 10.1.1. Polyvinyl Chloride (PVC); 10.1.2. Silicone; 10.1.3. Polyoelfin; 10.1.4. Thermoplastic Elastomers (TPE); 10.1.5. Others; 10.2. Market Analysis, Insights and Forecast – By Application; 10.2.1. Bulk Disposable Tubing; 10.2.2. Catheterization; 10.2.3. Drug Delivery Systems; 10.2.4. Others; 10.3. Market Analysis, Insights and Forecast – By Indication; 10.3.1. Cardiovascular; 10.3.2. Respiratory; 10.3.3. Urological; 10.3.4. Others; 10.4. Market Analysis, Insights and Forecast – By End-user; 10.4.1. Hospitals & ASCs; 10.4.2. Aged Care Centers/Nursing Homes; 10.4.3. Others; 10.5. Market Analysis, Insights and Forecast – By Country/Sub-region; 10.5.1. South Africa; 10.5.2. GCC; 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis: 11.1. Global Market Share Analysis (2023); 11.2. Company Profiles; 11.2.1. Nordson Corporation; 11.2.1.1. Overview; 11.2.1.2. Products; 11.2.1.3. SWOT Analysis; 11.2.1.4. Recent Developments; 11.2.1.5. Strategies; 11.2.1.6. Financials (Based on Availability); 11.2.2. Saint-Gobain; 11.2.2.1. Overview; 11.2.2.2. Products; 11.2.2.3. SWOT Analysis; 11.2.2.4. Recent Developments; 11.2.2.5. Strategies; 11.2.2.6. Financials (Based on Availability); 11.2.3. Freudenberg Medical; 11.2.3.1. Overview; 11.2.3.2. Products; 11.2.3.3. SWOT Analysis; 11.2.3.4. Recent Developments; 11.2.3.5. Strategies; 11.2.3.6. Financials (Based on Availability); 11.2.4. The Lubrizol Corporation; 11.2.4.1. Overview; 11.2.4.2. Products; 11.2.4.3. SWOT Analysis; 11.2.4.4. Recent Developments; 11.2.4.5. Strategies; 11.2.4.6. Financials (Based on Availability); 11.2.5. TE Connectivity; 11.2.5.1. Overview; 11.2.5.2. Products; 11.2.5.3. SWOT Analysis; 11.2.5.4. Recent Developments; 11.2.5.5. Strategies; 11.2.5.6. Financials (Based on Availability); 11.2.6. Elkem ASA; 11.2.6.1. Overview; 11.2.6.2. Products; 11.2.6.3. SWOT Analysis; 11.2.6.4. Recent Developments; 11.2.6.5. Strategies; 11.2.6.6. Financials (Based on Availability); 11.2.7. RAUMEDIC AG; 11.2.7.1. Overview; 11.2.7.2. Products; 11.2.7.3. SWOT Analysis; 11.2.7.4. Recent Developments; 11.2.7.5. Strategies; 11.2.7.6. Financials (Based on Availability); 11.2.8. Teknor Apex; 11.2.8.1. Overview; 11.2.8.2. Products; 11.2.8.3. SWOT Analysis; 11.2.8.4. Recent Developments; 11.2.8.5. Strategies; 11.2.8.6. Financials (Based on Availability); 11.2.9. Spectrum Plastics Group; 11.2.9.1. Overview; 11.2.9.2. Products; 11.2.9.3. SWOT Analysis; 11.2.9.4. Recent Developments; 11.2.9.5. Strategies; 11.2.9.6. Financials (Based on Availability)