Global Thermoplastic Elastomers Market is Expected to Reach USD 15.3 Billion in 2018: Transparency Market Research

ALBANY, New York, January 29, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Thermoplastic Elastomers (SBCs, TPOs, TPUs, TPVs & COPEs) Market - Global Industry Analysis, Size, Share, Growth and Forecast 2012 - 2018," the global thermoplastic elastomers demand was 3,480.4 kilo tons in 2011 and is expected to reach 4,879.7 kilo tons by 2018, growing at a CAGR of 5.0% from 2012 to 2018. In terms of revenues, the market was valued at USD 9.9 billion in 2011 and is expected to reach USD 15.3 billion by 2018, growing at a CAGR of 6.4% from 2012 to 2018.

Browse the full report at http://www.transparencymarketresearch.com/thermoplastic-elastomers.html

Thermoplastic elastomers (TPE) market is primarily driven by the growing demand for light weight and high performance materials from the automobile industry across the world. Shift towards replacing PVC with thermoplastic elastomers from major end use industries is also expected to drive TPE demand over the next five years. However, the volatile nature of raw material prices and the regulatory issues due to growing environmental concerns are expected to hinder the market growth.

Styrenic block copolymers (SBCs) made up the largest segment of TPE products, accounting for close to 48% of total TPEs consumed in 2011. SBCs are mostly used for paving, roofing and in the footwear industry for high quality shoes. However, SBC demand is expected to remain stagnant over the next five years, as the market nears maturity. Thermoplastic vulcanizates (TPVs) is expected to be the fastest growing TPE product with an estimated CAGR of 6.6% from 2012 to 2018.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/global-synthetic-and-bio-based-lubricants-market.html

http://www.transparencymarketresearch.com/russia-mdi.html

http://www.transparencymarketresearch.com/construction-equipment-market.html

http://www.transparencymarketresearch.com/tpu-market.html

http://www.transparencymarketresearch.com/ilpv-market.html

http://www.transparencymarketresearch.com/teg-market.html

Asia Pacific has emerged as the leading consumer of thermoplastic elastomers and accounted for over 40% of the global demand in 2011. TPE consumption in the region is expected to grow at a CAGR of 5.4% from 2012 to 2018. The growth of automotive industries mainly in China and India is propelling the growth of TPEs market in the region. In terms of consumption, Europe is the third largest market; however demand in the region is expected to remain stagnant owing to economic issues and general slowdown in key application industries such as automotive and construction.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/excipients-market.html 

http://www.transparencymarketresearch.com/global-oleochemicals-market.html

http://www.transparencymarketresearch.com/butanediol-butadiene-and-mek-market.html

http://www.transparencymarketresearch.com/water-treatment-chemicals-market.html

http://www.transparencymarketresearch.com/plastic-additives-market.html

Key participants in the TPE industry include Sinopec, Bayer, BASF, Kraton, Huntsman Corporation, Dow Chemical Company, LCY Chemical, Dynasol, Nippon, Yantai Wanhua, TSRC, LG Chemicals, Dushanzi and so on. This study provides a detailed competitive landscape with company share analysis and detailed profiles of the companies mentioned above.  

The report analyzes the global demand for thermoplastic elastomers in terms of both volumes (kilo tons) and revenues (USD million) from 2010 to 2018. The demand for each product type (SBCs, TPOs, TPUs, TPVs, COPEs & other) of TPEs is analyzed on the basis of their application and geographies from 2010 to 2018. The report segments the global thermoplastic elastomers market as:

Thermoplastic Elastomers Market, by Product Type:

Styrenic Block Copolymers (SBCs)

Thermoplastic Polyolefins (TPOs)

Thermoplastic Polyurethanes (TPUs)

Thermoplastic Vulcanizates (TPVs)

Copolyester Elastomers (COPEs)

Other Thermoplastic Elastomers (including Thermoplastic Polayamide)

The report segments each of the above mentioned type of thermoplastic elastomer on the basis of application and geography as:

Styrenic Block Copolymers (SBCs) Market, by Product Type:

  • Styrene Butadiene Styrene
  • Styrene Isoprene Styrene
  • Hydrogenated SBCs (including SEBS, SEPS, SEEPS)

Styrenic Block Copolymers (SBCs) Market, by Application:

  • Paving and Roofing
  • Footwear
  • Advanced Materials (compounding, personal care & polymer systems)
  • Adhesives, Sealants and Coatings
  • Other

Styrenic Block Copolymers (SBCs) Market, by Geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Thermoplastic Polyolefins (TPOs) Market, by Application:

  • Automotive
  • Other (including medical, construction, packaging etc)

Thermoplastic Polyolefins (TPOs) Market, by Geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Thermoplastic Polyurethanes (TPUs) Market, by Application:

  • Automotive
  • Construction
  • Electronics & Appliances
  • Hose & Tubing
  • Footwear
  • Wire & Cable
  • Others (industrial insulation, CASE etc)

Thermoplastic Polyurethanes (TPUs) Market, by Geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Thermoplastic Vulcanizates (TPVs) Market, by Application:

  • Automotive
  • Fluid Handling
  • Consumer Goods
  • Medical
  • Other (including construction, appliances, tools)

Thermoplastic Vulcanizates (TPVs) Market, by Geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Copolyester Elastomers (COPEs) Market, by Application:

  • Automotive
  • Electrical & Electronics
  • Industrial
  • Medical
  • Other (including construction & personal care)

Copolyester Elastomers (COPEs) Market, by Geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Browse all Chemical Industry Research Reports

Upcoming Reports in Chemical & Materials Market

Cellulose Ether Market

Activated Carbon Market

Refinery Catalyst Market

Plasticizers Market

Biocides Market

Agrochemicals Market

Propane Market

Medical Ceramics Market

U.S. and Global Farm Tire Market

Energy Efficient Materials Market

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Visit: http://de.transparencymarketresearch.com/
Visit: http://www.marketresearch.name/
Visit: http://www.transparencymarketresearch.com/

SOURCE Transparency Market Research




Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.