PR Newswire: news distribution, targeting and monitoring
2014

Thermoplastic Elastomers Market Worth $23.9 Billion by 2018

Share with Twitter Share with LinkedIn

DALLAS, May 7, 2013 /PRNewswire/ --

The Report "Thermoplastic Elastomers Market By Types (SBC, TPO, TPV, TPU, COPE, PEBA), Applications & Geography - Trends & Forecasts To 2018" defines and segments the global thermoplastic elastomers market with analysis and forecasting of the global revenue and consumption. It also identifies the driving and restraining factors for the global thermoplastic elastomer market with an analysis of trends, opportunities, burning issues, winning imperatives.

The Market is segmented, and consumption & revenues are forecasted on the basis of Major Regions such as:

  • North America
  • Western Europe
  • Asia-Pacific, and
  • Rest of the World (ROW)

The Key Countries are covered and forecasted for each region. Further, the market is segmented and revenues are forecasted on the basis of Major Types of Thermoplastic Elastomers used in various industries such as:

  • Automotive
  • Building & construction
  • Footwear
  • Engineering
  • Wire & cable
  • Medical and
  • Others

Browse

  • 109 Market Data Tables
  • 34 Figures
  • 336 Pages and an in-depth Table of Contents on "Thermoplastic Elastomers Market".

http://www.marketsandmarkets.com/Market-Reports/thermoplastic-elastomers-market-1012.html

Early buyers will receive 10% customization on this report.

Thermoplastic Elastomers (TPEs) replaced natural and synthetic rubber due to its ability to form in various shapes adhering to many conventional and innovative processability techniques, hence resulting in shapes of complex designs. TPEs replace PVCs due to the hazardous chemical residue left by PVC. TPEs are environment friendly as they can be melted and reshaped, thereby leaving very less wastage. TPEs have many advantages over the materials it is replacing such as resistance towards weather, chemicals, oxidation and delivering soft touch materials. Demand for soft touch applications adds to the growth of TPEs. Evolving Bio based TPE's environmental regulation in sectors such as food, packaging and medical can create future market spaces for TPEs.

Automotive: Major market for TPE

Thermoplastic Elastomers Market is segmented by major types such as SBC, TPO, TPV, TPU, COPE and PEBA. These individual thermoplastic elastomers have application specific demands differentiated by cost and efficiency. TPEs are useful in applications such as automotive parts, paving & roofing, consumer & personal hygiene products, medical clothing, medical equipment, aircraft coating, rail track, sports & leisure equipment, various types of footwear, baby care, electronic appliances, baby-diapers, industrial & mining related cables, oil & gas pipelines and several others. These materials result in minimizing energy consumption and increase in efficiency of the applications.

The global market for thermoplastic elastomers in terms of revenue was estimated to be worth $15.1 billion in 2012, and is expected to reach $23.9 billion by 2018, growing at a CAGR of 8.1%, in terms of revenue, from 2013 to 2018.

The Asia Pacific Region dominated the global thermoplastic elastomer market, accounting for 42.4% of the global thermoplastic elastomer revenue in 2012.

The Asia Pacific is expected to have the Highest Market Revenue in 2018, followed by the North American Market. Rest of the World, a collection of individual country markets, is expected to be the fastest growing market in the future, growing at a CAGR of 10.1% from 2013 to 2018, owing to rising consumption in this region where the end-user markets of TPE are growing steadily. The European market is expected to grow at a rate of 6.7%, in revenue terms and 5.1% in consumption terms from 2013 to 2018.

Buy a copy of this Report http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=1012

Browse Related Reports to Chemicals Market http://www.marketsandmarkets.com/chemicals-market-research-10.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductors and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog http://www.marketsandmarketsblog.com
Connect with us on LinkedIn http://www.linkedin.com/company/marketsandmarkets

SOURCE MarketsandMarkets



Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

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.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release