Global and United States Thermoplastic Elastomers (TPE) Compounds Market Report & Forecast 2022-2028
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.
Market Analysis and Insights: Global and United States Thermoplastic Elastomers (TPE) Compounds Market
This report focuses on global and United States Thermoplastic Elastomers (TPE) Compounds market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Thermoplastic Elastomers (TPE) Compounds market size is estimated to be worth US$ 12170 million in 2022 and is forecast to a readjusted size of US$ 19850 million by 2028 with a CAGR of 8.5% during the review period. Fully considering the economic change by this health crisis, by Type, Styrenic Block Copolymers (TPS or TPE-S) accounting for % of the Thermoplastic Elastomers (TPE) Compounds global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Footwear was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Global Thermoplastic Elastomers (TPE) Compounds key players include Sinopec, LCY Technology Corp, Kraton Polymers, etc. Global top three manufacturers hold a share over 20%.
Asia-Pacific is the largest market, with a share about 50%, followed by North America, and Europe, both have a share over 40 percent.
In terms of product, Styrenic Block Copolymers (TPS or TPE-S) is the largest segment, with a share over 75%. And in terms of application, the largest application is Automobile, followed by Footwear, etc.
Global Thermoplastic Elastomers (TPE) Compounds Scope and Market Size
Thermoplastic Elastomers (TPE) Compounds market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Thermoplastic Elastomers (TPE) Compounds market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Thermoplastic Elastomers (TPE) Compounds market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Styrenic Block Copolymers (TPS or TPE-S)
Thermoplastic Vulcanizates (TPV)
Others
Segment by Application
Footwear
Automobile
Building & Construction
Other
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Kraton Polymers
Dynasol
LG Chem
INEOS Styrolution
Avient Corporation
Asahi Chemical
Versalis
Mitsubishi Chemical
Sibur
Kumho Petrochemical
ExxonMobil
JSR
Kuraray
Sinopec
LCY Technology Corp
TSRC
CNPC
ChiMei
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.
Market Analysis and Insights: Global and United States Thermoplastic Elastomers (TPE) Compounds Market
This report focuses on global and United States Thermoplastic Elastomers (TPE) Compounds market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Thermoplastic Elastomers (TPE) Compounds market size is estimated to be worth US$ 12170 million in 2022 and is forecast to a readjusted size of US$ 19850 million by 2028 with a CAGR of 8.5% during the review period. Fully considering the economic change by this health crisis, by Type, Styrenic Block Copolymers (TPS or TPE-S) accounting for % of the Thermoplastic Elastomers (TPE) Compounds global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Footwear was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Global Thermoplastic Elastomers (TPE) Compounds key players include Sinopec, LCY Technology Corp, Kraton Polymers, etc. Global top three manufacturers hold a share over 20%.
Asia-Pacific is the largest market, with a share about 50%, followed by North America, and Europe, both have a share over 40 percent.
In terms of product, Styrenic Block Copolymers (TPS or TPE-S) is the largest segment, with a share over 75%. And in terms of application, the largest application is Automobile, followed by Footwear, etc.
Global Thermoplastic Elastomers (TPE) Compounds Scope and Market Size
Thermoplastic Elastomers (TPE) Compounds market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Thermoplastic Elastomers (TPE) Compounds market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Thermoplastic Elastomers (TPE) Compounds market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Styrenic Block Copolymers (TPS or TPE-S)
Thermoplastic Vulcanizates (TPV)
Others
Segment by Application
Footwear
Automobile
Building & Construction
Other
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Kraton Polymers
Dynasol
LG Chem
INEOS Styrolution
Avient Corporation
Asahi Chemical
Versalis
Mitsubishi Chemical
Sibur
Kumho Petrochemical
ExxonMobil
JSR
Kuraray
Sinopec
LCY Technology Corp
TSRC
CNPC
ChiMei
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