Thermoplastic Elastomers Market 2018: Highly Demanded In Chemical And Materials Industry 2018-Dominated By Tosoh, Huntsman International, China Petrochemical Corporation, Covestro, Evonik Industries, Arkema, Dow Chemical Company-Forecast 2024

The Global Thermoplastic Elastomers Market Report is a compilation of the several factors driving and restraining this market along with a through run-down of the sales volume of each product within carefully categorized sub-segments of the market.

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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Segmentation:

Global Thermoplastic Elastomers Market By Product Type (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), By Application (Automotive Building & Construction, Footwear, Adhesives, Sealants & Coatings, Wires & Cables, Medical, Advanced Materials), By Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

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Drivers:

Some of the major factors driving the market for thermoplastic elastomers market are thermoplastic elastomers substituting thermosets, increasing application from the HVAC/automotive industry. These factors increase the demand for thermoplastic elastomers products. Growth in end-use industries is the other factors driving the growth of the thermoplastic elastomers market.

THERMOPLASTIC ELASTOMERS SUBSTITUTING THERMOSETS

Thermoplastic elastomers (TPE) are acting as the substitute for the thermosets because of the many advantage. The TPE have varies unique properties which thermosets do not have like TPE are recyclable and more environmentally friendly, have shorter processing time and lower production costs, simpler processing, greater design flexibility, broader range of physical properties, tighter control of product quality which increase the consistency of the end product. Due to these enormous properties of the TPE they are now widely accepted and are used in various industries such as automotive, footwear, weir and insulation, medical, construction and many others.

INCREASING APPLICATION FROM THE HVAC/AUTOMOTIVE INDUSTRY

The demand of thermoplastic elastomers is increasing in the automotive and HVAC industry, which is driving the demand for TPE. Earlier the thermosets rubber is used in these applications but with the development and need of lightweight rubber material the demand for the TPE is increased in the automotive industry. The TPE exhibits some unique properties which thermosets rubber does not have like lightweight, more hardness than thermosets which is making the TPE more suitable for the use in automotive market. The demand for the TPE in automotive industry is around 45% of total production because it gives the automobile light weight and thus provides the fuel efficiency and more comfortable experience for the consumers.

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Major Players:

BASF SE,
The Dow Chemical Company,
Lyon dell Basell Industries,
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.

BASF SE:

Founded in 1865 and headquartered at Ludwigshafen, Germany. BASF create chemistry for a sustainable future. The company operates in five business segment namely chemicals, performance products, functional materials & solutions, agricultural solutions and oil & gas.

The Dow Chemical Company:

Founded in 1897 and headquartered at Midland, Michigan, U.S. Dow combines the power of science and technology to passionately innovate what is essential to human progress. The company operates in five business segment namely performance plastic, performance materials & chemicals, infrastructure solution, consumer solution and agriculture sciences. The performance plastic segment offer wide variety of thermoplastic elastomers.

LyondellBasell Industries:

Founded in 2007 and headquartered at Rotterdam, Netherlands. LyondellBasell is one of the largest plastics, chemicals and refining companies in the world. Company produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road.

Recent Developments:

In July, 2017, LyondellBasell launched a new grade in its “Purell” family of products. Purell “KT MR 07” is the first polybutene-1 (PB-1)-based resin that targets markets in flexible and transparent healthcare applications, such as medical tubing and intravenous (IV) infusion bags.

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Table of Contents:

1. INTRODUCTION

1.1. OBJECTIVES OF THE STUDY
1.2. MARKET DEFINITION
1.3. OVERVIEW OF GLOBAL THERMOPLASTIC ELASTOMERS MARKET
1.4. CURRENCY AND PRICING
1.5. LIMITATION
1.6. MARKETS COVERED

2. MARKET SEGMENTATION

2.1. MARKETS COVERED
2.2. GEOGRAPHIC SCOPE
2.3. YEARS CONSIDERED FOR THE STUDY
2.4. CURRENCY AND PRICING
2.5. RESEARCH METHODOLOGY
2.6. PRIMARY INTERVIEWS WITH KEY OPINION LEADERS
2.7. SECONDARY SOURCES
2.8. ASSUMPTIONS

3. EXECUTIVE SUMMARY

4. PREMIUM INSIGHTS

5. MARKET OVERVIEW

5.1. DRIVERS

5.2. RESTRAINTS

5.2.1. UNSTABLE RAW MATERIAL PRICES

5.3. OPPORTUNITIES

5.4. CHALLENGES

5.4.1. TECHNICAL LIMITATIONS OF THERMOPLASTIC ELASTOMERS

6. GLOBAL THERMOPLASTIC ELASTOMERS MARKET, BY PRODUCT TYPE

6.1. OVERVIEW
6.2. STYRENIC BLOCK COPOLYMER
6.3. THERMOPLASTIC POLYURETHANE
6.4. THERMOPLASTIC POLYOLEFINS
6.5. THERMOPLASTIC VULCANIZATES
6.6. COPOLYESTER ETHER ELASTOMERS
6.7. POLYETHER BLOCK AMIDE ELASTOMERS
6.8. POLYETHER ESTER ELASTOMERS
6.9. OTHERS

7. GLOBAL SURGICAL SUTURES MARKET, BY APPLICATION

7.1. OVERVIEW
7.2. AUTOMOTIVE
7.3. BUILDING & CONSTRUCTION
7.4. FOOTWEAR
7.5. ADHESIVES, SEALANTS & COATINGS
7.6. WIRES & CABLES
7.7. MEDICAL
7.8. ADVANCED MATERIALS
7.9. OTHERS

8. GLOBAL THERMOPLASTIC ELASTOMERS MARKET, BY GEOGRAPHY

8.1. OVERVIEW

8.2. NORTH AMERICA

8.3. EUROPE

8.4. ASIA-PACIFIC

8.5. SOUTH AMERICA

9. GLOBAL AUTOMOTIVE INTERIOR MATERIALS MARKET, COMPANY LANDSCAPE

9.1. COMPANY SHARE ANALYSIS: GLOBAL
9.2. COMPANY SHARE ANALYSIS: NORTH AMERICA
9.3. COMPANY SHARE ANALYSIS: EUROPE
9.4. COMPANY SHARE ANALYSIS: ASIA-PACIFIC

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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