Global TPEE Market In Automotive Industry 2022-2026
Technavio has been monitoring the TPEE market in the automotive industry and it is poised to grow by $ 139.26 million during 2022-2026, accelerating at a CAGR of 5.77% during the forecast period. Our report on the TPEE market in the automotive industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the superior quality of TPEE and better performance, an increase in substitutions of thermosets, and replacements for plastic components.
The TPEE market in automotive industry analysis includes type segment and geographic landscape.
Technavio's TPEE market in the automotive industry is segmented as below:
- Injection molding grade
- Extrusion grade
- Blow molding grade
By Geographical Landscape
- North America
- The Middle East and Africa
- South America
This study identifies the increasing opportunities in APAC as one of the prime reasons driving the TPEE market in automotive industry growth during the next few years. Also, a rise in the utilization in the automotive industry and increasing replacement of thermosets and other typically heavy materials will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on TPEE market in the automotive industry covers the following areas:
- TPEE market in automotive industry sizing
- TPEE market in the automotive industry forecast
- TPEE market in automotive industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading TPEE market in automotive industry vendors that include Celanese Corp., Cesium Inc., Chang Chun Group, Eastman Chemical Co., Koninklijke DSM NV, Kraton Corp., LCY Chemical Corp., Mitsubishi Chemical Corp., Radici Partecipazioni Spa, SABIC, SK Chemicals Co. Ltd., Spiratex, and DuPont de Nemours Inc. Also, the TPEE market in the automotive industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.