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Thermoplastic Vulcanizates (TPV) Market 2015-2019

Thermoplastic Vulcanizates (TPV) Market 2015-2019

Market outlook of the thermoplastic vulcanizates market

Technavio's market research analyst predicts the thermoplastic vulcanizates (TPV) market to grow at a rate of around 7% during the forecast period. The rising adoption of TPV as a replacement for PVC in the healthcare sector is the primary driver for the growth of this market. TPV's unique characteristics such as environment-friendliness, low drug absorption, toughness, and optical clarity have made them an ideal choice for the manufacturing of blood bags, catheters and disposable gloves. For instance, Johnson & Johnson and GE Healthcare, having increased their R&D spending to develop and introduce new TPV-based medical products in the market.

The growing popularity of olefin-based copolymer TPV is also anticipated to contribute to the market growth during the forecast period. Olefin-based copolymer TPV has a high abrasion resistance and is being used to replace traditional styrenic thermoplastic elastomers (TPE) in its commercial and industrial applications.

Segmentation by application and analysis of - automotive, medical, consumer goods, fluid handling

During 2014, the automotive sector led the market with a share of 51%. The rising adoption of TPV as a replacement for traditional rubber and EPDM in this sector is the primary driver for the growth of this segment. TPV is used in interior and exterior ancillaries, sealing systems, and under-the-hood components of automobiles.

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

  • Automotive
  • Fluid handling and construction
  • Medical
  • Consumer goods
Geographical segmentation and analysis of - Americas, APAC, EMEA

The Americas accounted for around 41% of the market share during 2014. The report predicts this region to maintain its leadership until the end of 2019, growing at a rate of 7%. The increasing replacement of traditional heavy materials, such as natural and synthetic rubber, by lighter TPV, is driving the market in this region.

The report offers an analysis of each of the following segments and discusses its impact on the overall market growth -
  • Americas
  • APAC
  • EMEA
Competitive landscape and key vendors - Dynasol, DuPont, ExxonMobil, PolyOne, LCY

The global TPV market is highly fragmented with the five key players accounting for around 40% of the market in terms of capacity. Vendors in this market compete on the basis of innovation, quality and performance, price, and brand image.

The top vendors in the market are
  • Dynasol
  • DuPont
  • ExxonMobil
  • PolyOne
  • LCY
Other providers in the market include A. Schulman, Alliance Polymer and Services, Asahi Kasei, API, BASF, Entec Polymers, JSR, Kumho Polychem, LG Chem, Lubrizol, LyondellBasell, Mitsubishi Chemical, Sichuan Sunplas, Teknor Apex, Vi-Chem, 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 thermoplastic vulcanizates market?
  • What are the key market trends impacting the growth of the thermoplastic vulcanizates market?
  • What are the challenges to market growth?
  • Who are the key vendors in the TPV market?
  • What are the market opportunities and threats faced by the vendors in the TPV market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the TPV 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 TPV market
      • Table Classification of TPE
    • Market size and forecast by volume and revenue
      • Table Global TPV market 2014-2019 (kilotons)
      • Table Global TPV market 2014-2019 ($ billion)
    • Five forces analysis
      • Table Five forces analysis
  • Market Segmentation by application
    • Table Global TPV market segmentation by application 2014
    • Table Global TPV market segmentation by application 2019
    • Global TPV market in automotive
      • Table Global TPV market in automotive 2014-2019 (kilotons)
    • Global TPV market in fluid handling and construction
      • Table Global TPV market in fluid handling and construction 2014-2019 (kilotons)
      • Table Sub-segmentation of global TPV market in fluid handling and construction 2014
    • Global TPV market in medical
      • Table Global TPV market in medical applications segment 2014-2019 (kilotons)
    • Global TPV market in consumer goods and other
      • Table Global TPV market in consumer goods and other 2014-2019 (kilotons)
      • Table Sub-segmentation of global TPV market in consumer goods and other 2014
  • Geographical segmentation
    • Table Segmentation of global TPV market by geography 2014 (by volume)
    • Table Segmentation of global TPV market by geography 2019 (by volume)
    • TPV market in Americas
      • Table TPV market in Americas 2014-2019 ($ billion)
      • Table TPV market in Americas 2014-2019 (kilotons)
      • Table Segmentation of TPV market in Americas by application 2019 (by volume)
    • TPV market in APAC
      • Table TPV market in APAC 2014-2019 (kilotons)
      • Table TPV market in APAC 2014-2019 ($ billion)
      • Table Segmentation of TPV market in APAC by application 2019 (by volume)
    • TPV market in EMEA
      • Table TPV market in EMEA 2014-2019 (kilotons)
      • Table TPV market in EMEA 2014-2019 ($ billion)
      • Table Segmentation of TPV market in EMEA by application 2019 (by volume)
  • Key leading countries
    • Table Key leading countries 2014
  • Market drivers
    • Table Replacement of traditional materials by TPV in automotive applications
    • Table Global automobile production 2009-2014 (million units)
    • Table PVC: Major hazards and disadvantages
    • Table Value addition in construction industry in China 2006-2014 ($ billion)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Brent crude oil price TTM ($ per barrel)
    • Table Propylene price TTM ($ per ton)
    • Table Ethylene price TTM ($ per ton)
    • Table Global copolyester TPE market 2014-2019 (kilotons)
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Advantages of soft-touch TPV in consumer electronics and appliances
    • Table China: GDP growth rate 2014-2019 ($ trillion)
    • Table India: GDP growth rate 2014-2019 ($ trillion)
  • Vendor landscape
    • Competitive scenario
    • Geographical analysis of buying criteria
      • Table Global TPV market: Buying criteria by region 2014
    • Herfindahl Index
      • Table Global TPV market structure 2014 (growth rate versus Herfindahl Index)
    • Other prominent vendors
  • Key vendor analysis
    • Dynasol
      • Table Dynasol: Product segmentation 2015
    • DuPont
      • Table DuPont: Business segmentation by revenue 2014
      • Table DuPont: Business segmentation by revenue 2013 and 2014
      • Table DuPont: Geographical segmentation by revenue 2014
    • PolyOne
      • Table PolyOne: Business segmentation by revenue 2014
      • Table PolyOne: Business segmentation by revenue 2013 and 2014 ($ billion)
      • Table PolyOne: Geographical segmentation by revenue 2014
    • LCY
      • Table LCY: Business segmentation by revenue 2014
      • Table LCY: Business segmentation by revenue 2013 and 2014 ($ billion)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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