openPR Logo
Press release

Thermoplastic Vulcanizates (TPV) Market Outlook Highlights Major Opportunities Likely to Steer Demand During Forecast Period | Key Players - BASF SE, Kraton Polymers, Elastron Kimya Sanayi ve Ticaret , Solvay S.A. , Ravago SA , Lanxess Aktiengesellschaft

05-01-2019 01:42 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Thermoplastic Vulcanizates (TPV) Market Outlook Highlights

According to a new study of Fact.MR, sales of thermoplastic vulcanizates (TPVs) are expected to exceed 388 thousand tons in 2018, and record a Y-o-Y growth at nearly 4.5% in 2019. Growth of the thermoplastic vulcanizates industry remains driven by a slew of factors, which range from robust requirement for lightweight materials with superior performance characteristics, to government regulations and initiatives in enhancing the vehicle fuel efficiency & economy.

The study finds that leading automakers around the globe are putting efforts to meet growing requirement for innovative materials in the production of exterior parts. Nearly 50% sales of the thermoplastic vulcanizates (TPV) were accounted by the automotive exteriors in 2018. Growing adoption of TPV in under the hood applications for heavy-duty vehicles and passenger cars, along with the material’s recyclability, excellent stiffness, and environment-sustainability, continue to augur well for growth of the thermoplastic vulcanizates industry.

Request For Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=3478

According to the study, leading automotive vendors are working on the design & development of novel TPVs with excellent light-triggered/magnetic/thermal shape memory-supported self-healing property. The innovation is further expected to pave way for next-generation self-healing material designs. Key players in thermoplastic vulcanizates market are also concentrating on the development of foamable variants, which offer effective sealing to windows and doors, and eliminate complications entailed by urethane seals. This alludes significant adoption of the TPVs in the building & construction industry, with sales accounting for nearly two-fifth share of the market in 2018, according to the study.

Cross-Linked Rubber Industry – A Key Target Area for TPV Manufacturers

The advent of thermoplastic vulcanizates took a direct aim at the cross-linked rubber, incorporating cross-linked EPDMs into polypropylene matrices. As TPVs are engineered to provide enhanced, long-term mechanical properties and superior performance with durability, thermoplastic vulcanizates manufacturers have been constantly targeting the cross-linked rubber industry.

Browse Full Report on Thermoplastic Vulcanizates (TPV) Market with In-depth TOC- https://www.factmr.com/report/3478/thermoplastic-vulcanizates-tpv-market

The study finds that challenges prevail in the processing of standard thermoplastic elastomers, however the belief that greater difficulty in processing entails greater utility among manufacturers continues to underpin their demand and adoption in the market. Presence of cross-linked phase imparts TPVs with high melt viscosity, entailing the need for shear control, which in turn remains one of the key concerns among the thermoplastic vulcanizates market players.

Diverse benefits associated with the TPVs has led their adoption across various industrial sectors, including consumer electronics and medical. As consumer electronic gadgets and devices continue to witness high demand worldwide, manufacturers are increasingly focusing on the development of new products using materials with extraordinary performance characteristics. Hygiene and medical products are also key application areas of the thermoplastic vulcanizates, as medical device manufacturers continue to replace PVC and thermoset rubber with new materials to meet stringent environmental and health regulations.

Thermoplastic Vulcanizates Sales Remain High in North America

The study finds that North America continues to remain the most lucrative market for thermoplastic vulcanizates, underpinned by robust sales in the automotive industry, complemented by demand from consumer goods and healthcare sector. Regulatory regarding enhancing the fuel economy and efficiency of vehicles, and curtailing the fossil fuel usage, continue to succor North America’s supremacy in the thermoplastic vulcanizates market. East Asia is also expected to remain an attractive market for thermoplastic vulcanizates, upheld by rapid industrialization in key emerging economies of the region, including China, India, and Indonesia.

According to the study, leading players in the thermoplastic vulcanizates market are making significant investments in R&D activities for achieving superior properties and extending the application scope of TPVs. As TPV manufacturing giants are putting significant efforts to tap latent opportunities in the high-growth markets, prospects remain promising for thermoplastic vulcanizates market players.

This Fact.MR study offers a long-term forecast of the thermoplastic vulcanizates market for the period between 2019 and 2027. The thermoplastic vulcanizates market is projected to record a CAGR of nearly 5% through 2027.

To Buy Thermoplastic Vulcanizates (TPV) Market Report, Visit- https://www.factmr.com/checkout/3478/S

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized chemical industry reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us            
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Thermoplastic Vulcanizates (TPV) Market Outlook Highlights Major Opportunities Likely to Steer Demand During Forecast Period | Key Players - BASF SE, Kraton Polymers, Elastron Kimya Sanayi ve Ticaret , Solvay S.A. , Ravago SA , Lanxess Aktiengesellschaft here

News-ID: 1724364 • Views:

More Releases from Fact.MR

Art and Sculpture Market Expected to Surpass US$ 115.64 Billion by 2034 at 10.4% CAGR
Art and Sculpture Market Expected to Surpass US$ 115.64 Billion by 2034 at 10.4% …
The art and sculpture market is expected to grow from US$ 43 billion in 2024 to US$ 115.64 billion by 2034, with a compound annual growth rate (CAGR) of 10.4%. Creative expressions are in high demand as social appreciation of art and culture grows. Sales of paintings, sculptures, and antiquities are surging as a result of people's growing attraction to art galleries, museums, and cultural events. This growing interest is a
Tankless Water Heater Market Projected to Reach US$ 9.5 Billion by 2034, Growing at a CAGR of 4.9%
Tankless Water Heater Market Projected to Reach US$ 9.5 Billion by 2034, Growing …
A new industry report released by Fact.MR values the global tankless water heater market at US$ 4.9 billion for 2024. By the end of 2034, tankless water heater sales are expected to reach US$ 9.5 billion worldwide, growing at a CAGR of 4.9%. As technology advances and customer demands for more space- and energy-efficient solutions rise, tankless water heaters are becoming a more desirable choice for both residential and commercial use.
Sleeve Label Market Forecasted to Expand Rapidly, Projecting US$ 25.6 Billion Value by 2034, with 4.8% CAGR
Sleeve Label Market Forecasted to Expand Rapidly, Projecting US$ 25.6 Billion Va …
A recent Fact.MR study projects that the global sleeve label market will bring in US$ 16 billion in sales by 2024. By the end of 2034, sales of sleeve labels are expected to have increased at a 4.8% CAGR to US$ 25.6 billion. Manufacturers across several industries are adopting sleeves labels, often called stretch and shrink sleeves, for branding and promotional purposes. Sleeve labels are mostly utilized in the food and
Pathology Services Market Surges Past US$ 16.5 Billion Mark by 2032, Fueled by 6.7% CAGR
Pathology Services Market Surges Past US$ 16.5 Billion Mark by 2032, Fueled by 6 …
It is anticipated that the global pathology services market will reach a valuation of US$ 16.5 billion in 2023, up from US$ 15.5 billion in 2022. Demand is predicted to increase at a 6.7% value CAGR between 2023 and 2033, and by the end of that projection period, it is projected to achieve a worth of US$ 31.6 billion. Download a Sample Copy Of Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=8361 The pathology services market is poised for

All 5 Releases


More Releases for TPV

Global TPV Industry Professional Market Overview Report by 2020-2025
Market Overview The TPV market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. The global TPV market size is expected to gain market growth in the forecast period of 2020
TPV Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the TPV market analysis, which studies the TPV's industry coverage, current market competitive status, and market outlook and forecast by 2025. Global “TPV Market 2020-2025” Research Report categorizes the global TPV market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth rate, opportunities and trends,
TPO & TPV PP Compound Market Size, Share, Development by 2024
Global Info Research offers a latest published report on TPO & TPV PP Compound Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-tpo-tpv-pp-compound-market_p199489.html   Engineering plastics and metals have
Global Thermoplastic Volcanisates (TPV) Growth Potential Report 2019
The global Thermoplastic Volcanisates (TPV) market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025. This report focuses on Thermoplastic Volcanisates (TPV) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Thermoplastic Volcanisates (TPV) market size by analyzing historical data and future prospect. Regionally, this
Global Thermoplastic Vulcanizates (TPV) Market 2018-JSR, LANXESS, The Lubrizol, …
Apex Market Reports, recently published a detailed market research study focused on the "Global Thermoplastic Vulcanizates (TPV) Market" across the global, regional and country level. The report provides 360° analysis of "Global Thermoplastic Vulcanizates (TPV) Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the Global Thermoplastic Vulcanizates (TPV) industry, and estimates the future
Global Thermoplastic Vulcanizates (TPV) Market Research & Operational Strategies …
Qyresearchreports include new market research report "Global Thermoplastic Vulcanizates (TPV) Market Research Report 2017" to its huge collection of research reports. QYResearchReports.com has added a new report covering the global Thermoplastic Vulcanizates (TPV) market to its vast database. The research report studies the global Thermoplastic Vulcanizates (TPV) market to analyze the factors impacting it. The report has been divided into several chapters that discuss the global Thermoplastic Vulcanizates (TPV) market in