Thermoplastic Polyamide Elastomers Market 2017 Segmentation with Key Players, Growth Rate and Forecast 2025

The report analyzes and presents an overview of "Thermoplastic Polyamide Elastomers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Thermoplastic Polyamide Elastomers” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Thermoplastic Polyamide Elastomers (TPE) comprise a linear chain of rigid polyamide segment interspaced with flexible polyol segment, either polyether or polyester. The rigid structure is based on aromatic or aliphatic polyamides. Thermoplastic polyamide elastomers are high performance TPE block copolymers based on nylon and polyols. Polyester Amide (PEA), Polyether Ester Amide (PEEA), and Polyether Block Amide (PEBA) are few of the variations available in the market. Polyester amide and polyether ester amide are synthesized from aromatic polyamide. In polyether block amide, the hard segment is derived from aliphatic polyamide. Thermoplastic polyamide elastomers are characterized with excellent toughness and flexibility at low temperature, high dimensional stability, good chemical resistance, elastic recovery, and excellent dynamic properties. Polyester amide, a type of thermoplastic polyamide, is widely used in applications wherein other thermoplastic elastomers fail to perform, especially in low temperature. Polyester amide can be processed with various techniques such as extrusion, blow molding, thermoforming, and injection molding.

Growth in demand for thermoplastic elastomers from sport goods, automotive components, and electronics industry is expected to be the key driver of the market of the product. Thermoplastic polyamide has excellent fatigue resistance, impact resistant, and flexibility even at low temperatures as compared to other elastomers. Furthermore, it is lighter in weight as compared to thermoplastic polyurethane, thermoplastic vulcanizates, and other elastomers. Thermoplastic elastomers also have good barrier properties, UV resistance, and antistatic properties. They are used in a variety of applications such as sport and leisure goods, mechanical equipment (hydraulic and pneumatic), automotive components, medical applications, and wire & cable jacketing. In the automotive industry, thermoplastic polyamide elastomers are used in interior, exterior, and under the hood applications, especially in hoses and cable jacketing. In the sport goods industry, they are used in manufacturing sports equipment such as tennis rackets, bike handles, goggles, and facemasks along with diving flippers. In the electronic industry, thermoplastic polyamide elastomers are used as coatings for cable wires, communication, and power cables. Thermoplastic polyamide elastomers are used in various household goods such as screwdriver handles, faucet gaskets, knife handles, and kitchen tool handles. Stringent regulations for food contact applications and wide range of available substitutes such as thermoplastic polyolefin, thermoplastic polyurethanes, and elastomeric alloys are expected to hinder the growth of the thermoplastic polyamide elastomers market.

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Based on geography, Europe is expected to dominate the demand for thermoplastic polyamide elastomers. It is one of the major producers and exporters of the product. Western Europe leads the market in the region while Central and Eastern Europe are expected to offer lucrative business opportunities in the next few years. North America has the second largest demand followed by Asia Pacific. Asia Pacific is projected to emerge as the fastest growing market for thermoplastic polyamide elastomers in the near future. Presently it caters to the demand for the product coming from Europe. China is one of the major consumers of the product in Asia Pacific and is expected to continue with the trend for the next few years. The market for thermoplastic polyamide elastomers in Latin America and Middle East Africa is relatively new; however, these regions are expected to witness higher demand for the product in the near future, owing to the rise in demand for sport goods and lightweight automotive components.

Key players operating in the global thermoplastic polyamide elastomers market include Radici Partecipazioni SpA, EMS Group, Evonik Industries AG, and Arkema S.A.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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