Thermoplastic Vulcanizates Market Forecasts to 2028 – Global Analysis By Application (Wire & Cable Sheath, Seals & Gaskets), End User (Medical, Consumer Goods, Electronics, Construction, Automotive) and By Geography
According to Stratistics MRC, the Global Thermoplastic Vulcanizates Market is accounted for $1.60 billion in 2020 and is expected to reach $3.07 billion by 2028 growing at a CAGR of 8.5% during the forecast period. Factors such as increasing demand for low-on-emission, safe, and high-performance vehicles and growth of the consumer goods industry are driving the market growth. However, the sudden decline of the automotive industry in some countries is hampering the growth of the market.
Thermoplastic vulcanizates are composed of a polyolefin matrix which consists of dispersed and continuous phases. They are produced by cross-linking of melted rubber with a thermoplastic material at a particular temperature. These polymers resemble the properties of ethylene propylene diene monomer (M- class) rubber.
Based on the end user, the automobile segment is anticipated to expand at a rapid pace during the forecast period owing to the growing demand for lightweight and high-performance materials in the automobile industry. By geography, North America is going to have high growth during the forecast period which can be attributed to the strong product demand from various industries such as automobile, healthcare, and consumer goods, in the region.
Some of the key players profiled in the Thermoplastic Vulcanizates Market include Exxon Mobil Corporation, Mitsui Chemicals Inc, Mitsubishi Chemical Corporation, LyondellBasell Industries holdings BV, Orbia, PolyOne Corporation, Kumho Polychem, Elastron TPE, LCY GROUP, RTP Company, Ravago, Celanese Corporation, Teknor Apex, FM Plastics, and Trinseo.
Raw Materials Covered:
• Polypropylene/Natural Rubber
• Polypropylene/Ethylene Octene Copolymer
• Polypropylene/Ethylene Propylene Diene Monomer
• Ethylene Propylene diene Monomer (EPDM)/Polyolefin Blends
• Butyl/Halobutyl/Polypropylene (PP)
Methods Covered:
• Blow Moulding
• Injection Moulding
• Extrusion Moulding
Applications Covered:
• Wire & Cable Sheath
• Fluid Handling
• Drug Vial Closures
• Conveyor Belts
• Tubing & Hoses
• Seals & Gaskets
End Users Covered:
• Medical, Healthcare & Lifescience
• Consumer Goods
• Sports & Leisure
• Electrical & Electronics
• Building & Construction
• Automobile
• Automotive
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Thermoplastic Vulcanizates Market, By Raw Material
5.1 Introduction
5.2 Polypropylene/Natural Rubber
5.3 Polypropylene/Ethylene Octene Copolymer
5.4 Polypropylene/Ethylene Propylene Diene Monomer
5.5 Ethylene Propylene diene Monomer (EPDM)/Polyolefin Blends
5.6 Butyl/Halobutyl/Polypropylene (PP)
6 Global Thermoplastic Vulcanizates Market, By Method
6.1 Introduction
6.2 Blow Moulding
6.3 Injection Moulding
6.4 Extrusion Moulding
7 Global Thermoplastic Vulcanizates Market, By Application
7.1 Introduction
7.2 Wire & Cable Sheath
7.3 Fluid Handling
7.4 Drug Vial Closures
7.5 Conveyor Belts
7.6 Tubing & Hoses
7.7 Seals & Gaskets
8 Global Thermoplastic Vulcanizates Market, By End User
8.1 Introduction
8.2 Medical, Healthcare & Lifescience
8.3 Consumer Goods
8.4 Sports & Leisure
8.5 Electrical & Electronics
8.6 Building & Construction
8.6.1 Infrastructural
8.6.2 Residential
8.6.3 Commercial
8.6.4 Industrial
8.7 Automobile
8.7.1 Heavy Commercial Vehicles (HCV)
8.7.2 Light Commercial Vehicles (LCV)
8.7.3 Passenger Cars
8.8 Automotive
8.8.1 Interior
8.8.2 Exterior
8.8.3 Under the Hood
9 Global Thermoplastic Vulcanizates Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Exxon Mobil Corporation
11.2 Mitsui Chemicals Inc
11.3 Mitsubishi Chemical Corporation
11.4 LyondellBasell Industries holdings BV
11.5 Orbia
11.6 PolyOne Corporation
11.7 Kumho Polychem
11.8 Elastron TPE
11.9 LCY GROUP
11.10 RTP Company
11.11 Ravago
11.12 Celanese Corporation
11.13 Teknor Apex
11.14 FM Plastics
11.15 Trinseo
List of Tables
1 Global Thermoplastic Vulcanizates Market Outlook, By Region (2019-2028) ($MN)
2 Global Thermoplastic Vulcanizates Market Outlook, By Raw Material (2019-2028) ($MN)
3 Global Thermoplastic Vulcanizates Market Outlook, By Polypropylene/Natural Rubber (2019-2028) ($MN)
4 Global Thermoplastic Vulcanizates Market Outlook, By Polypropylene/Ethylene Octene Copolymer (2019-2028) ($MN)
5 Global Thermoplastic Vulcanizates Market Outlook, By Polypropylene/Ethylene Propylene Diene Monomer (2019-2028) ($MN)
6 Global Thermoplastic Vulcanizates Market Outlook, By Ethylene Propylene diene Monomer (EPDM)/Polyolefin Blends (2019-2028) ($MN)
7 Global Thermoplastic Vulcanizates Market Outlook, By Butyl/Halobutyl/Polypropylene (PP) (2019-2028) ($MN)
8 Global Thermoplastic Vulcanizates Market Outlook, By Method (2019-2028) ($MN)
9 Global Thermoplastic Vulcanizates Market Outlook, By Blow Moulding (2019-2028) ($MN)
10 Global Thermoplastic Vulcanizates Market Outlook, By Injection Moulding (2019-2028) ($MN)
11 Global Thermoplastic Vulcanizates Market Outlook, By Extrusion Moulding (2019-2028) ($MN)
12 Global Thermoplastic Vulcanizates Market Outlook, By Application (2019-2028) ($MN)
13 Global Thermoplastic Vulcanizates Market Outlook, By Wire & Cable Sheath (2019-2028) ($MN)
14 Global Thermoplastic Vulcanizates Market Outlook, By Fluid Handling (2019-2028) ($MN)
15 Global Thermoplastic Vulcanizates Market Outlook, By Drug Vial Closures (2019-2028) ($MN)
16 Global Thermoplastic Vulcanizates Market Outlook, By Conveyor Belts (2019-2028) ($MN)
17 Global Thermoplastic Vulcanizates Market Outlook, By Tubing & Hoses (2019-2028) ($MN)
18 Global Thermoplastic Vulcanizates Market Outlook, By Seals & Gaskets (2019-2028) ($MN)
19 Global Thermoplastic Vulcanizates Market Outlook, By End User (2019-2028) ($MN)
20 Global Thermoplastic Vulcanizates Market Outlook, By Medical, Healthcare & Lifescience (2019-2028) ($MN)
21 Global Thermoplastic Vulcanizates Market Outlook, By Consumer Goods (2019-2028) ($MN)
22 Global Thermoplastic Vulcanizates Market Outlook, By Sports & Leisure (2019-2028) ($MN)
23 Global Thermoplastic Vulcanizates Market Outlook, By Electrical & Electronics (2019-2028) ($MN)
24 Global Thermoplastic Vulcanizates Market Outlook, By Building & Construction (2019-2028) ($MN)
25 Global Thermoplastic Vulcanizates Market Outlook, By Infrastructural (2019-2028) ($MN)
26 Global Thermoplastic Vulcanizates Market Outlook, By Residential (2019-2028) ($MN)
27 Global Thermoplastic Vulcanizates Market Outlook, By Commercial (2019-2028) ($MN)
28 Global Thermoplastic Vulcanizates Market Outlook, By Industrial (2019-2028) ($MN)
29 Global Thermoplastic Vulcanizates Market Outlook, By Automobile (2019-2028) ($MN)
30 Global Thermoplastic Vulcanizates Market Outlook, By Heavy Commercial Vehicles (HCV) (2019-2028) ($MN)
31 Global Thermoplastic Vulcanizates Market Outlook, By Light Commercial Vehicles (LCV) (2019-2028) ($MN)
32 Global Thermoplastic Vulcanizates Market Outlook, By Passenger Cars (2019-2028) ($MN)
33 Global Thermoplastic Vulcanizates Market Outlook, By Automotive (2019-2028) ($MN)
34 Global Thermoplastic Vulcanizates Market Outlook, By Interior (2019-2028) ($MN)
35 Global Thermoplastic Vulcanizates Market Outlook, By Exterior (2019-2028) ($MN)
36 Global Thermoplastic Vulcanizates Market Outlook, By Under the Hood (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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