Pune, India -- (SBWire) -- 04/06/2018 --Global Thermoplastic Elastomers Market is expected to reach 7,505.08 tonnes by 2024 from 5,100.00 tonnes in 2016, at a CAGR of 5.1% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The Global Thermoplastic Elastomers Market report consists of below pages:
- No of pages: 225
- No of Figures: 48
- No of Tables: 91
The major factors driving the growth of this market are the thermoplastic elastomers substituting thermosets, increasing application from the HVAC/automotive industry and growth in end-use industries are furthermore boosting the growth of the global thermoplastic elastomers market. On the other hand, unstable raw material prices may hinder the growth of the market.
Scope of the Report:
- The global thermoplastic elastomers market is segmented on the basis of product type, application and geography. The global thermoplastic elastomers market is segmented based on product type into eight notable segments; styrenic block copolymer (SBC), thermoplastic polyurethane (TPU), thermoplastic polyolefins (TPO), thermoplastic vulcanizates (TPV), copolyester ether elastomers (COPE), polyether block amide elastomers (PEBA), polyether-ester elastomer (TPEE) and others.
- Styrenic block copolymer (SBC) is sub segmented into styrene-butadiene-styrene (SBS), styrene-isoprene-styrene (SIS) and hydrogenated styrene block copolymers (HSBC).
- On the basis of application, into eight notable segments; automotive building & construction, footwear, adhesives, sealants & coatings, wires & cables, medical, advanced materials and others.
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Key Drivers of Global Thermoplastic Elastomers Market:
Some of the major factors driving the market for thermoplastic elastomers market are thermoplastic elastomers substituting thermosets, increasing application from the HVAC/automotive industry and growth in end-use industries.
- Unstable raw material prices are the factor which may hinder the growth of this market.
- Increasing applications in the medical industry and growing demand for bio-based thermoplastic elastomers will drive the market in future.
Key Points of Global Thermoplastic Elastomers Market:
BASF SE is going to dominate the thermoplastic elastomers market following with The Dow Chemical Company and LyondellBasell Industries along with others such as Arkema Sa, Evonik Industries AG, Covestro AG, China Petrochemical Corporation, Huntsman International Llc., Tosoh Corporation, Kraton Corporation, Exxon Mobil Corporation, TSRC, Polyone, LCY Group, Celanese Corporation, LG Chem, Asahi Kasei Corporation, Teknor Apex, The Lubrizol Corporation among others.
- Medical market is growing with the highest CAGR
- Styrene-butadiene-styrene (SBS) are driving the market with highest market share
- Styrenic block copolymer is dominating the thermoplastic elastomers market
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Key Topics Mentioned:
1. INTRODUCTION
2. MARKET SEGMENTATION
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. MARKET OVERVIEW
6. GLOBAL THERMOPLASTIC ELASTOMERS MARKET, BY PRODUCT TYPE
7. GLOBAL SURGICAL SUTURES MARKET, BY APPLICATION
8. GLOBAL THERMOPLASTIC ELASTOMERS MARKET, BY GEOGRAPHY
9. GLOBAL AUTOMOTIVE INTERIOR MATERIALS MARKET, COMPANY LANDSCAPE
10. COMPANY PROFILE
10.1. ARKEMA SA
10.2. BASF SE
10.3. THE DOW CHEMICAL COMPANY
10.4. EVONIK INDUSTRIES AG
10.5. COVESTRO AG
10.6. CHINA PETROCHEMICAL CORPORATION
10.7. HUNTSMAN INTERNATIONAL LLC.
10.8. TOSOH CORPORATION
10.9. LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
10.10. KRATON CORPORATION
10.11. EXXON MOBIL CORPORATION
10.12. TSRC
10.13. POLYONE
10.14. LCY GROUP
10.15. CELANESE CORPORATION
10.16. LG CHEM
10.17. ASAHI KASEI CORPORATION
10.18. TEKNOR APEX
10.19. THE LUBRIZOL CORPORATION
11. RELATED REPORTS
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Thermoplastic Elastomers Market Analysis & Research - Worldwide Technology, Key Players, Market Size, Application, During Period, 2018-2024
Global Thermoplastic Elastomers Market, By Product Type (Styrenic Block Copolymers (TPE-S), Thermoplastic Olefins (TPE-O), Elastomeric Alloys (TPE-V or TPV), Thermoplastic Polyurethanes (TPU), Thermoplastic Copolyester, Thermoplastic Polyamides); Application (Automotive, Building & Construction, Electrical & Electronics, Household Appliances, Medical, Adhesives, Sealants & Coatings, Others) and Forecast to 2024.