Thermoplastic Vulcanizates Market
PUBLISHED: 2021 ID: SMRC20556
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Thermoplastic Vulcanizates Market

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

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4.8 (29 reviews)
Published: 2021 ID: SMRC20556

This report covers the impact of COVID-19 on this global market
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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.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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