The Thermoplastic Elastomers (TPE) Compounds market covers Styrenic Block Copolymers (TPS or TPE-S), Thermoplastic Vulcanizates (TPV), etc. The typical players include Kraton Polymers, Dynasol, LG Chem, INEOS Styrolution, etc.
Thermoplastic elastomers can be divided into two types: reactor-made TPEs (e.g. TPA, TPU, and TPC) and TPE compounds (e.g. TPS or TPV). The properties of reactor-made TPEs are implemented in one polymer. The properties of TPE compounds result from mixing two polymers to form a so-called compound. TPE compounds that are compounded using at least two different types of polymers. One polymer type adds elastic properties to the compound, the other one provides thermoplastic properties.
The global market for Thermoplastic Elastomers (TPE) Compounds is estimated to increase from US$ 15150 million in 2021 to reach US$ 21870 million by 2028, exhibiting a CAGR of 5.4% during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Global thermoplastic elastomers (TPE) compounds key players include Sinopec, LCY Technology Corp, Kraton Polymers, Dynasol, etc. Global top four manufacturers hold a share about 23%. Asia-Pacific is the largest market, with a share about 47%, followed by Europe and North America, with share 25% and 21%, separately.
Report Coverage
This latest report provides a deep insight into the global Thermoplastic Elastomers (TPE) Compounds market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Thermoplastic Elastomers (TPE) Compounds market, with both quantitative and qualitative data, to help readers understand how the Thermoplastic Elastomers (TPE) Compounds market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions and volume in K MT.
Market Segmentation:
The study segments the Thermoplastic Elastomers (TPE) Compounds market and forecasts the market size by Type (Styrenic Block Copolymers (TPS or TPE-S), Thermoplastic Vulcanizates (TPV) and Others), by Application (Footwear, Automobile, Building & Construction and Other), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Styrenic Block Copolymers (TPS or TPE-S)
Thermoplastic Vulcanizates (TPV)
Others
Segmentation by application
Footwear
Automobile
Building & Construction
Other
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Kraton Polymers
Dynasol
LG Chem
INEOS Styrolution
Avient Corporation
Asahi Chemical
Versalis
Mitsubishi Chemical
Sibur
Kumho Petrochemical
Celanese (ExxonMobil)
Eneos (JSR)
Kuraray
DuPont
HEXPOL
Sinopec
LCY Technology Corp
Taiwan Synthetic Rubber Corp
CNPC
CHIMEI
Ningbo Changhong Polymer Scientific & Technical Inc.
Chapter Introduction
Chapter 1: Scope of Thermoplastic Elastomers (TPE) Compounds, Research Methodology, etc.
Chapter 2: Executive Summary, global Thermoplastic Elastomers (TPE) Compounds market size (sales and revenue) and CAGR, Thermoplastic Elastomers (TPE) Compounds market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Thermoplastic Elastomers (TPE) Compounds sales, revenue, average price, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Thermoplastic Elastomers (TPE) Compounds sales and revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, sales segment by country, by type, and type.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Thermoplastic Elastomers (TPE) Compounds market size forecast by region, by country, by type, and application.
Chapter 13: Comprehensive company profiles of the leading players, including Kraton Polymers, Dynasol, LG Chem, INEOS Styrolution, Avient Corporation, Asahi Chemical, Versalis, Mitsubishi Chemical and Sibur, etc.
Chapter 14: Research Findings and Conclusion