Covid19:Global Thermoplastic Elastomer Market is estimated to grow from USD 21.7 Billion in 2019

3 min readJul 24, 2020

Thermoplastic Elastomer Market: Summary

The Global Thermoplastic Elastomer Market is estimated to grow from USD 21.7 Billion in 2019 to USD 27.8 Billion in 2024 at a CAGR of 5.1%. The factors responsible for the growth of the Thermoplastic Elastomer market include Increasing demand for lightweight, high performance materials from the automotive industry. Other supportive factors include replacement of thermoplastics and standard elastomers by TPE due to improved properties. The market is expected to register a considerable growth rate duri ng the forecast period.

Thermoplastic Elastomer Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the Global Thermoplastic Elastomer market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks.

  1. The primary types/elements of Global Thermoplastic Elastomer that are covered in the report include TPE-S, TPE-O, TPE-V, TPE-U, TPE-E, TPE-A.
  2. For opportunity analysis, the end-users/application that are covered in the report are Automotive & Transportation, Building & Construction, Footwear, Plastic Engineering, Wires & Cables, Medical.
  3. The regional analysis is covered under five major regions such as North America, South America, Europe, APAC, and the Middle East and Africa, with individual country-level analysis.

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Companies Covered

  • Arkema (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Covestro AG
  • Asahi Kasei Corporation
  • The Dow Chemical Company
  • Evonik Industries AG
  • Huntsman Corporation
  • Lubrizol Corporation
  • Kraton Corporation
  • Kuraray Co. Ltd
  • Other Key Companies

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Thermoplastic Elastomer Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Thermoplastic Elastomer Market by Type

  • TPE-S (Styrenic Block Copolymer)
  • TPE-O (Styrenic Block Copolymer)
  • TPE-V (Vulcanized PP/EPDM Compound)
  • TPE-U (Thermoplastic Urethanes)
  • TPE-E (Copolyester Compound)
  • TPE-A (Thermoplastic Polyamide)

Thermoplastic Elastomer Market by End-Use Industry

  • Automotive & Transportation
  • Building & Construction
  • Footwear
  • Plastic Engineering
  • Wires & Cables
  • Medical

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Thermoplastic Elastomer Market by Region

  • APAC
  • China
  • Japan
  • South Korea
  • India
  • Indonesia
  • Rest of APAC
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • Turkey
  • Russia
  • Rest of Europe
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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