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Thermoplastic Elastomers (TPE) Market 2015-2019

Thermoplastic Elastomers (TPE) Market 2015-2019

Outlook of the TPE market

Technavio's market research analyst predicts the TPE market to witness a steady growth at a CAGR of around 8%, in terms of revenue, during the forecast period. The increased use of TPE products as a replacement for traditional materials in the automotive industry is driving the market growth. TPE, in comparison to natural rubber and EPDM, provides the manufacturer with increased design flexibility and reduced cost and enhanced long-term weather-resistance advantages. It also helps the manufacturers in reducing the overall weight of the vehicle and addressing the demand for lighter vehicles with increased fuel efficiency.

The growth of the construction sector in China is also anticipated to fuel the market growth during the forecast period. TPE is used for paving and roofing applications and in adhesives and sealants within the construction sector. The entry of major construction players from the EU in the Chinese market has further fueled the growth of this industry, thereby creating a demand for TPE products.

Segmentation by end user and analysis of - transportation, construction, healthcare, packaging

The transportation industry accounted for the around 35% of the consumption in the TPE market during 2014. The rising use of various TPE products as a replacement for traditional rubber and EPDM in the automotive segment is driving the growth of this segment.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -

  • Transportation
  • Construction and infrastructure
  • Consumer electronics and appliances
  • Healthcare
  • Packaging
  • Footwear
Product segmentation and analysis of - styrenics, polyurethanes, copolyesters, polyamides

Styrenics accounted for nearly 38% of the overall market during 2014. The increased infrastructural developments in the emerging economies and the growing demand for styrenic from China is driving the growth of this segment.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
  • Styrenics
  • Polyolefin blends and alloys
  • Polyurethanes
  • Copolyesters
  • Polyamides
Geographical segmentation and analysis of the TPE market
  • Americas
  • APAC
  • Europe
  • ROW
APAC accounted for around 42% of the global market share during 2014 and is expected to grow at a CAGR of 6% during the forecast period. The increased consumption by the automotive industry in the emerging economies, especially India, is driving the market growth in this region.

Competitive landscape and key vendors - Dow Chemical, Dynasol, PolyOne, LCY Chemicals

The global TPE market is highly fragmented with the four key vendors accounting for around 25% of the global market share in terms of capacity. The market experienced high levels of capacity additions and is currently facing the issue of overcapacity and supply.

The leading vendors in the market are
  • Dynasol Elastomers
  • PolyOne
  • LCY Chemicals
  • Dow Chemical
Other prominent vendors in the market include A. Schulman (Network Polymers), Asahi Kasei, API, Bailey, BASF, Bayer, Chi Mei, CNPC, DENKA, En Chuan, Entec Polymers, ExxonMobil, Firestone Polymers, Huntsman, JSR, JX Nippon Oil & Energy, Kumho Petrochemical, LG Chem, lliance Polymer, Lubrizol, Mitsubishi Chemical, Momentive Specialty Chemicals, Rosin (Wuping) Chemicals, Saco Polymers, Sigma-Aldrich, Siloxane Aggrandize Innovative Industries, State Seal, Stellana/Elastomeric, Styrolution, Teknor Apex, Tosoh, TSRC, and Zeon.

Key questions answered in the report include
  • What will the market size and the growth rate be in 2019?
  • What are the key factors driving the TPE market?
  • What are the key market trends impacting the growth of the TPE market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the TPE market?
  • Trending factors influencing the market shares of the Americas, APAC, Europe, and ROW?
  • What are the key outcomes of the five forces analysis of the TPE market?
Technavio also offers customization on reports based on specific client requirement.

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  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Segmentation of global TPE market
    • Value chain analysis
      • Table Global TPE industry value chain analysis
    • Market size and forecast
      • Table Global TPE market 2014-2019 (million tons)
      • Table Global TPE market 2014-2019 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end user
    • Table Global TPE market segmentation by end user 2014
    • Table Global TPE market segmentation by end user 2019
    • Table Global TPE market in transportation industry 2014-2019 (million tons)
    • Construction and infrastructure
      • Table Global TPE market in construction and infrastructure industry 2014-2019 (million tons)
      • Table Sub-segmentation of global TPE market in construction and infrastructure industry 2014
    • Consumer electronics and appliances
      • Table Global TPE market in consumer electronics and appliances industry 2014-2019 (million tons)
    • Healthcare
      • Table Global TPE market in healthcare industry 2014-2019 (million tons)
    • Packaging
      • Table Global TPE market in packaging industry 2014-2019 (million tons)
    • Footwear and others
      • Table Global TPE market in footwear and others segment 2014-2019 (million tons)
  • Market segmentation by product
    • Table Global TPE market segmentation by product 2014
    • Table Global TPE market segmentation by product 2019
    • Styrenics
      • Table Global styrenic TPE market 2014-2019 (million tons)
      • Table Segmentation of global styrenic TPE market by product 2014
    • Polyolefin blends and alloys
      • Table Global polyolefin blends and alloys market 2014-2019 (million tons)
      • Table Segmentation of global polyolefin blends and alloys market by product 2014
    • Polyurethane
      • Table Global polyurethane TPE market 2014-2019 (million tons)
    • Co-polyesters
      • Table Global co-polyesters market 2014-2019 (million tons)
    • Polyamides and other
      • Table Global polyamides and other TPE market 2014-2019 (million tons)
  • Geographical segmentation
    • Table Segmentation of global TPE market by geography 2014
    • Table Segmentation of global TPE market by geography 2019
    • APAC
      • Table TPE market in APAC 2014-2019 (million tons)
    • Americas
      • Table TPE market in Americas 2014-2019 (million tons)
    • Europe
      • Table TPE market in Europe 2014-2019 (million tons)
    • ROW
      • Table TPE market in ROW 2014-2019 (million tons)
  • Key leading countries
    • Table Key leading countries for TPE
    • US
    • China
    • Germany
  • Market drivers
    • Table Value addition in construction industry in China 2006-2014 ($ billions)
    • Table Global automobile production 2009-2014 (million units)
    • Table Replacement of traditional materials by TPE in automotive applications
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Butadiene average price in US TTM ($/ton)
    • Table Brent crude oil price TTM ($/barrel)
    • Table Global SBR market 2014-2019 ($ billions)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Advantages of soft-touch TPE in consumer electronics and appliances
    • Table China: GDP Growth Rate 2014-2019 ($ trillions)
    • Table India: GDP Growth Rate 2014-2019 ($ trillions)
  • Vendor landscape
    • Competitive scenario
    • Buying criteria
      • Table Global TPE market: buying criteria by region 2014
    • Herfindahl Index
      • Table Global TPE market structure 2014 (Growth rate Vs. Herfindahl Index)
    • Other prominent vendors
  • Key vendor analysis
    • Dynasol
      • Table Dynasol: Product segmentation 2015
    • PolyOne
      • Table PolyOne: Business segmentation by revenue 2014
      • Table PolyOne: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Polyone: Geographical segmentation by revenue 2014
    • LCY
      • Table LCY: Business segmentation by revenue 2014
      • Table LCY: Business segmentation by revenue 2013 and 2014 ($ billions)
    • The Dow Chemical
      • Table The Dow Chemical: Business segmentation 2014 by revenue
      • Table The Dow Chemical: Business segmentation by revenue 2013 and 2014 ($billions)
      • Table The Dow Chemical: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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