Materials & Chemicals

Thermoplastic Elastomers (TPE) Market 2015-2019

  • TEC382578
  • 79 Pages
  • January 2016
  • Materials & Chemicals
Outlook of the TPE market
Technavios 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.

Related reports
Global High-performance Thermoplastics Market 2015-2019
Global Thermoplastic Polyurethane Market 2015-2019
Global Polymethyl Methacrylate (PMMA) Market 2015-2019
Global Methylene Diphenyl Isocyanate (MDI) Market 2015-2019
Please Select Format

Enquiry About Report

Need More Information

Contact us
+ 1-800-910-6452
+1-971-202-1575
+91 20 66346066
--- or ---
help@bigmarketresearch.com

 

UPCOMING MARKET RESEARCH REPORTS

Textile Chemicals Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024

Textile chemicals are mostly used for efficient manufacturing, processing and nurturing of textiles such as those used in clothing, furniture, tire yarn, and much more in the industry. The textile ...

March 2017  |   Price:$ 7695    | Pre Book Price:$ 7695

Read More >>

Mining Equipment Market Global Scenario, Market Size, Outlook, Trend and Forecast, 2015- 2024

Mining is the process of extracting coal, metals, oil, minerals, and water from the earth. Other valuable products such as diamond, gold, uranium, and ruined geological deposits are also being ...

March 2017  |   Price:$ 7695    | Pre Book Price:$ 7695

Read More >>

Global Viscose Staple Fiber Market - Strategic Assessment and Forecast Till 2021

Viscose Staple Fiber - Report Highlights Worldwide Viscose Staple Fiber market research report covers the present scenario and the growth prospects of the Worldwide Viscose Staple Fiber Market for the period ...

July 2017  |   Price:$ 2995    | Pre Book Price:$ 2995

Read More >>

World N-Butanol Market - Opportunities and Forecasts, 2014 - 2020

N-butanol forms an important feedstock for manufacturing chemicals such as butyl acrylate, glycol ethers, butyl acetate and plasticizers. It serves an important element in making direct solvent for varnishes, paints, coatings, resins, camphor, dyes, fats vegetable oils, waxes, shellac, rubbers, and alkaloids and among various industrial applications.

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

Asia-Pacific Concrete Admixtures Market - Opportunities and Forecasts, 2014 - 2020

Ingredients other than water, aggregate and Portland cement added to the concrete are termed as concrete admixtures. They are added to the mixture either before or during the mixing process. ...

July 2017  |   Price:$ 3390    | Pre Book Price:$ 3390

Read More >>

Global Toluene Diisocyanate Market - Opportunities and Forecast, 2014 - 2020

Organic compound with formulae CH3C6H3(NCO)2 is known as Toluene Diisocyanate. Furthermore, isocyanate functional groups in Toluene Diisocyanate form urethane, when it reacts with hydroxyl. Besides this TDI or Toluene Diisocyanate ...

July 2017  |   Price:$ 5370    | Pre Book Price:$ 5370

Read More >>

2017 © Copyright Big Market Research

View Pricing >>