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Thermoplastic Elastomers (TPE) Compounds Market, Global Outlook and Forecast 2023-2029

Thermoplastic Elastomers (TPE) Compounds Market, Global Outlook and Forecast 2023-2029

  • Published on : 04 April 2023
  • Pages :123
  • Report Code:SMR-7628549

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Report overview

The Thermoplastic Elastomers (TPE) Compounds market covers Styrenic Block Copolymers (TPS or TPE-S), Thermoplastic Vulcanizates (TPV), etc. The typical players include Kraton Polymers, Dynasol, LG Chem, INEOS Styrolution, etc.
Thermoplastic elastomers can be divided into two types: reactor-made TPEs (e.g. TPA, TPU, and TPC) and TPE compounds (e.g. TPS or TPV). The properties of reactor-made TPEs are implemented in one polymer. The properties of TPE compounds result from mixing two polymers to form a so-called compound. TPE compounds that are compounded using at least two different types of polymers. One polymer type adds elastic properties to the compound, the other one provides thermoplastic properties.
This report aims to provide a comprehensive presentation of the global market for Thermoplastic Elastomers (TPE) Compounds, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoplastic Elastomers (TPE) Compounds. This report contains market size and forecasts of Thermoplastic Elastomers (TPE) Compounds in global, including the following market information:
  • Global Thermoplastic Elastomers (TPE) Compounds Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Thermoplastic Elastomers (TPE) Compounds Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Thermoplastic Elastomers (TPE) Compounds companies in 2022 (%)
The global Thermoplastic Elastomers (TPE) Compounds market was valued at US$ 15940 million in 2022 and is projected to reach US$ 22380 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global thermoplastic elastomers (TPE) compounds key players include Sinopec, LCY Technology Corp, Kraton Polymers, Dynasol, etc. Global top four manufacturers hold a share about 23%. Asia-Pacific is the largest market, with a share about 47%, followed by Europe and North America, with share 25% and 21%, separately.
We surveyed the Thermoplastic Elastomers (TPE) Compounds manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thermoplastic Elastomers (TPE) Compounds Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Thermoplastic Elastomers (TPE) Compounds Market Segment Percentages, by Type, 2022 (%)
  • Styrenic Block Copolymers (TPS or TPE-S)
  • Thermoplastic Vulcanizates (TPV)
  • Others
Global Thermoplastic Elastomers (TPE) Compounds Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Thermoplastic Elastomers (TPE) Compounds Market Segment Percentages, by Application, 2022 (%)
  • Footwear
  • Automobile
  • Building & Construction
  • Others
Global Thermoplastic Elastomers (TPE) Compounds Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Thermoplastic Elastomers (TPE) Compounds Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Thermoplastic Elastomers (TPE) Compounds revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Thermoplastic Elastomers (TPE) Compounds revenues share in global market, 2022 (%)
  • Key companies Thermoplastic Elastomers (TPE) Compounds sales in global market, 2018-2023 (Estimated), (K MT)
  • Key companies Thermoplastic Elastomers (TPE) Compounds sales share in global market, 2022 (%)
  • Further, the report presents profiles of competitors in the market, key players include:
  • Kraton Polymers
  • Dynasol
  • LG Chem
  • INEOS Styrolution
  • Avient Corporation
  • Asahi Chemical
  • Versalis
  • Mitsubishi Chemical
  • Sibur
  • Kumho Petrochemical
  • Celanese (ExxonMobil)
  • Eneos (JSR)
  • Kuraray
  • DuPont
  • HEXPOL
  • Sinopec
  • LCY Technology Corp
  • Taiwan Synthetic Rubber Corp
  • CNPC
  • CHIMEI
  • Ningbo Changhong Polymer Scientific & Technical Inc.
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Thermoplastic Elastomers (TPE) Compounds, market overview.
  • Chapter 2: Global Thermoplastic Elastomers (TPE) Compounds market size in revenue and volume.
  • Chapter 3: Detailed analysis of Thermoplastic Elastomers (TPE) Compounds manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Thermoplastic Elastomers (TPE) Compounds in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Thermoplastic Elastomers (TPE) Compounds capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.