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Thermoplastic Elastomer market Key Players | Covestro AG, Kraiburg TPE GmbH & Co. KG, Tosoh Corporation

02-19-2024 06:16 PM CET | Industry, Real Estate & Construction

Press release from: Evolve Business Intelligence

Thermoplastic Elastomer market Key Players | Covestro AG,

As per the study initiated by Evolve Business Intelligence, the global Thermoplastic Elastomer market size accounted for USD 18.5 Billion in 2022, growing at a CAGR of 8.6% from 2023 to 2033. A Thermoplastic Elastomer (TPE) market refers to the economic landscape and industry pertaining to thermoplastic elastomers. Thermoplastic elastomers are a class of polymers that combine the characteristics of thermoplastics and elastomers. They exhibit properties of both rubbery elastomers and rigid thermoplastics, making them versatile materials with applications in various industries.

The growth and dynamics of the Thermoplastic Elastomer market are shaped by factors such as consumer trends, sustainability concerns, and advancements in manufacturing technologies. As with any market, competition among companies, regulatory factors, and global economic conditions all contribute to shaping the Thermoplastic Elastomer market landscape.

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Key Highlights:
• The global Thermoplastic Elastomer market size was valued at USD 18.5 billion in 2022 growing at a CAGR of 8.6% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Thermoplastic Elastomer market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

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Key Players
Some of the major Thermoplastic Elastomer market players holding high market shares include Covestro AG, Kraiburg TPE GmbH & Co. KG, Tosoh Corporation and Lubrizol Corporation. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Timco Rubber
• Arkema
• Huntsman International LLC
• Dow Chemical Company
• RTP Company
• Covestro AG
• Kraiburg TPE GmbH & Co. KG
• Tosoh Corporation
• Lubrizol Corporation
• Teknor Apex
• Kent Elastomer Products

Segmental Analysis
Market Segment By Product
• Polyurethane
• Polyamide
• Vulcanizate
• Styrenic Block Copolymer
• Olefin

Market Segment By End Use
• Footwear
• Home Appliances
• Automotive
• Building & Construction
• Healthcare

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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