Global Thermoplastic Elastomers Market Assessment, By Material Type [Styrenic Block Copolymer, Thermoplastic Olefin, Elastomeric Alloy, Thermoplastic Polyurethane, Thermoplastic Copolyester, Thermoplastic Polyamide, Styrene Butadiene Block Copolymer, Polyether Block Amide, Others], By Production Process [Extrusion, Injection Molding, Blow Molding, Others], By Application [Transport Parts, Construction Extruded Seals, Electrical & Electronic Components, Medical Products, Footwear Midsoles, Industrial Products, Others], By End-use Industry [Transportation, Building & Construction, Electrical & Electronics, Medical Equipment, Footwear, Industrial, Others] By Region, Opportunities and Forecast, 2017-2031F

Global thermoplastic elastomers market is being driven by expanding automotive and footwear sectors and superior technical properties of the product.

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Global thermoplastic elastomers market is projected to witness a CAGR of 3.9% during the forecast period 2024-2031, growing from 6.25 million tons in 2023 to 8.49 million tons in 2031. The flourishing footwear industry is augmenting the demand for thermoplastic elastomers market growth. This growth is attributed to footwear sales through e-commerce sites and increasing sports events. The increasing deployment of thermoplastic elastomers in transport parts bolstered market growth. For instance, according to the Alliance for Automotive Manufacturers, in 2022, investments in automotive parts manufacturing reached USD 43 billion.

The robust growth of the transportation sector is ascribed to various factors, including the production expansion of aircraft, multiple government initiatives to develop electric vehicle manufacturing hubs, and the ongoing manufacturing activities associated with the new marine vessels. The increasing consumer demand for a new range of footwear, shifting consumer preferences, and advancements in manufacturing technologies are some of the prime attributes influencing the growth of the footwear industry at the global level. Thus, the robust growth of the transportation and footwear sectors at the global level is boosting the demand for thermoplastic elastomers to ensure superior chemical resistance, which, in turn, is supplementing the market growth.

In addition, the recent opening of new facilities for thermoplastic elastomer development will boost the supply of products in the global market, thereby creating a lucrative opportunity for market growth in the long run. For instance, in October 2022, Audia Elastomers launched a new manufacturing plant in Changshu, China. The new manufacturing facility of Audia Elastomers is manufacturing a range of elastomers, including thermoplastic elastomers (TPEs). However, thermoplastic elastomers have several performance limitations, restraining the market's growth.

The Booming Transportation Industry at the Global Level is Augmenting the Market Traction

In the transportation industry, deploying thermoplastic elastomers is vital as the material ensures superior benefits, such as being lightweight, cost-effective, and highly durable, as opposed to thermoset materials in the total system cost, thereby making it increasingly desirable for transport product manufacturers. Thermoplastic elastomers are employed in transportation products such as commercial aircraft, passenger vehicles, cruise ships, and others. The development of new transport manufacturing facilities, rising commercial flight activities, increasing aircraft production, and surging innovations in the upgraded transport vehicle models are some of the prominent variables fostering the transportation sector's growth at the global level.

For instance, according to Airbus, a global aircraft manufacturer, the production of A330 aircraft reached 3 per month in 2022. Moreover, Airbus is focusing on increasing the production of A330 aircraft by 4 in 2024. Furthermore, Airbus delivered 611 commercial aircraft units, and in 2022, it was 661 units, an annual growth rate of 8%. Hence, the booming transportation industry is fueling the adoption of thermoplastic elastomers for manufacturing bumpers, air ducts, and high & low-pressure pipes, which forms a major aspect accelerating the market growth.    

The Bolstering Footwear Sector is Supplementing the Growth of the Market

Thermoplastic elastomers are ideal for manufacturing footwear midsoles as TPEs serve significantly higher levels of flexibility than traditional materials such as ethylene-vinyl acetate (EVA) foams. Additionally, thermoplastic elastomers can be molded into complex shapes for enhanced cushioning, shock absorbency, and support. The footwear sector is experiencing significant demand growth due to several key factors, including the growing sales facilitated by e-commerce, extensive spending on advertising by footwear brands, rising demand for athletic, trendy, and comfortable footwear, and rapid urbanization.

According to the recent statistics published by the World Footwear Yearbook 2023, 2022 global footwear production was 23.9 billion pairs, representing a year-on-year growth rate of 7.6%. Likewise, according to the Sports & Fitness Industry Association (SFIA), the sporting goods industry experienced record-breaking sales in 2021, with a 15.8% increase in revenue from 2020 and a 16.4% increase since 2019 pre-pandemic numbers. Henceforth, the bolstering footwear sector is spurring the demand for thermoplastic elastomers to ensure superior damping properties, propelling the market growth.

Superior Technical Properties of Thermoplastic Elastomers are Amplifying the Market Growth

The thermoplastic elastomers are equipped with beneficial technical properties such as specific gravity at 0.89-1.0, shore hardness of 60A-75D, low-temperature limit at -60°C, high-temperature limit at 120°C, compression set resistance at 100 °C, and resistance to hydrocarbon fluids. Thus, due to the above technical properties, thermoplastic elastomers are often deployed in various applications such as transport parts, construction extruded seals, and electrical and electronic components.

For instance, according to the recent data published by Invest India, in 2022, the production of electronic components in India was valued at USD 11 billion and is projected to reach USD 18 billion by 2026. Therefore, the superior technical properties associated with thermoplastic elastomers augment the adoption of TPEs across various applications, thereby proliferating the market growth.         

Asia-Pacific Held a Significant Share in the Thermoplastic Elastomers Market

The regional economic growth of the Asia-Pacific is driven by the expansion of the various end-use industries such as medical equipment, transportation, building & construction, and industrial. Prominent variables, such as increasing spending power of people, flexible trade regulations, easy availability of raw materials, and ease of import-export policies, are some of the favorable aspects fostering the growth of the transportation sector in the Asia Pacific region.

According to the recent report published by the Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2022, the Asia Pacific region held the highest manufacturing share in the global automotive share, which was 58.8% of the global automotive share. Moreover, in 2021, the production of automobiles in the Asia-Pacific region was 46,768,800 units, whereas in 2022, it was 50,020,793, representing a year-on-year growth rate of 7%. Thus, the booming transportation sector in the Asia-Pacific region is boosting the adoption of thermoplastic elastomers to ensure superior durability, thereby supplementing the market growth in the region.               

Impact of COVID-19

The COVID-19 pandemic in 2020 restrained the supply of raw materials, labor movement, and halt in the production of non-essential industrial products. As a result, the demand for thermoplastic elastomers declined. Furthermore, the demand revenue losses incurred by various end-use industries, such as transportation, industrial, and building and construction, resulted in the decline in the growth of the thermoplastic elastomers industry.

For instance, according to the statistics published by the Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2019, the global production of automotive was 92,175,805 units and in 2020, it was 77,621,582, a decline of 15.8%. However, the sudden surge in the need for medical equipment boosted the demand for thermoplastic elastomers. Additionally, favorable government measures across various countries efficiently promoted the resurgence of various end-use industries, including thermoplastic elastomers, thereby accelerating the market growth in the years 2021 and 2022.

Impact of Russia Ukraine War

The Russia and Ukraine war had a strong impact on respective economies. Since Russia is among the major trade partners of Europe, the supply chain disruption strongly impacted the production activities in the region. As a result, there was a shortage of automotive components in the European countries during 2022, ultimately resulting in a decline in automotive production in the region.

For instance, according to the recent data published by the Organisation Internationale des Constructeurs d'Automobiles (OICA), in 2021, the automotive production in Netherlands was 107,021 units and in 2022, it was 101,670 units, an annual decline of 5% as compared to 2021. However, the procurement of materials from local sources and other prominent markets such as China and India aided the growth of the thermoplastic elastomers market despite the impact of the Russia-Ukraine war in the first half of 2022.

Report Scope

“Thermoplastic Elastomers Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global thermoplastic elastomers market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 and Russia-Ukraine war impact, opportunities, and forecast between 2024 and 2031. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.

Report Attribute

Details

Base Year of the Analysis

2023

Historical Period

2017-2022

Forecast Period

2024-2031

Projected Growth Rate

CAGR of 3.9% between 2024 and 2031

Volume Forecast in 2031

8.49 million tons

Segments Covered

Material Type, Production Process, Application, End-use Industry

Regions Covered

North America, Europe, South America, Asia-Pacific, Middle East and Africa

Key Companies Profiled

BASF SE, Arkema, Covestro AG, Asahi Kasei Corporation., DuPont., Dow, Huntsman International LLC., The Lubrizol Corporation, Mitsubishi Chemical Corporation., KRATON CORPORATION

Customization Scope

15% free report customization with purchase

Pricing and Purchase Options

Avail the customized purchase options to fulfil your precise research needs

Delivery Format

PDF and Excel through email (subject to the license purchased)

In this report, global thermoplastic elastomers market has been segmented into the following categories: 

·         By Material Type

o   Styrenic Block Copolymer (TPE-S)

o   Thermoplastic Olefin (TPO)

o   Elastomeric Alloy (TPE-V or TPV)

o   Thermoplastic Polyurethane (TPU)

o   Thermoplastic Copolyester (COPE)

o   Thermoplastic Polyamide (TPA)

o   Styrene Butadiene Block Copolymer (SBC)

o   Polyether Block Amide (PEBA)

o   Others    

·         By Production Process

o   Extrusion

o   Injection Molding

o   Blow Molding

o   Others

·         By Application

o   Transport Parts

§  Bumpers

§  Air Ducts

§  High & Low-Pressure Pipes

§  O-rings

§  Others

o   Construction Extruded Seals

o   Electrical & Electronic Components

o   Medical Products

§  Breathing tubes

§  Syringe

§  Ventilation Masks

§  Bags

o   Footwear Midsoles

o   Industrial Products

§  Anti-vibration Mounts

§  Inlet Pipes

§  Others

o   Others

·         By End-use Industry

o   Transportation

§  Automotive

â–«         Passenger Vehicles (PVs)

â–«         Light Commercial Vehicles (LCVs)

â–«         Heavy Commercial Vehicles (HCVs)

§  Aerospace

â–«         Commercial

â–«         Defense

â–«         Others

§  Marine

â–«         Cargo Ships

â–«         Cruise Ships

â–«         Others

§  Locomotive

o   Building & Construction

§  Residential

§  Non-residential

o   Electrical & Electronics

§  Refrigerators

§  Smartphones

§  Cables

§  Others

o   Medical Equipment

o   Footwear

o   Industrial

o   Others

·         By Region

o   North America

o   Europe

o   South America

o   Asia-Pacific

o   Middle East and Africa

Key Players Landscape and Outlook

The major players with a strong market share in the global thermoplastic elastomers industry include BASF SE, Arkema, Covestro AG, Asahi Kasei Corporation., DuPont., Dow, Huntsman International LLC., The Lubrizol Corporation, Mitsubishi Chemical Corporation., and KRATON CORPORATION. The prominent players operating in the manufacturing of thermoplastic elastomers have highly advanced R&D capabilities to ensure frequent innovations in developing novel product ranges. 

In September 2023, Trinseo, a manufacturer of materials in the United States, launched APILON 52 XB-75A CRISTALLO, a new range of thermoplastic elastomers. APILON 52 XB-75A CRISTALLO is an ester-based transparent thermoplastic polyurethane (TPU) ideal for application in the footwear industry. The prime focus of Trinseo with the launch of a new range of products was to increase the product revenue share in the global market. 

In June 2023, Avient, headquartered in the United States, introduced a new product for halogen-free flame-retardant thermoplastic elastomer (TPE) named reSound BIO biobased and reSound REC. The launch of the new product was focused on applications in the electrical and electronics industry.

In February 2023, Teknor Apex, a United States-based company involved in the manufacturing of the materials, introduced Monprene S3 CP-15170 BLK, a type of thermoplastic elastomer. Monprene TPEs include the performance benefits of thermoset rubber in combination with the processability of a thermoplastic. The primary focus of introducing a new range of products was to increase the distribution of thermoplastic elastomers in the global market.

Key Players Operating in Global Thermoplastic Elastomers Market are:

·         BASF SE

·         Arkema

·         Covestro AG

·         Asahi Kasei Corporation.

·         DuPont.

·         Dow

·         Huntsman International LLC.

·         The Lubrizol Corporation

·         Mitsubishi Chemical Corporation.

·         KRATON CORPORATION

Markets and Data’s reports answer the following questions:

         What is the current and future market size of the product/service in question globally or specific to different countries?

         How are the markets divided into different product/service segments and the market size and growth of each segment?

         What is the market potential of different product segments and their investment case?

         How are the markets predicted to develop in the future and what factors will drive or inhibit growth?

         What is the business environment and regulatory landscape specific to the product/service?

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Table of Contents

1.       Research Methodology

2.       Project Scope & Definitions

3.       Impact of COVID-19 on Thermoplastic Elastomers Market

4.       Impact of Russia-Ukraine War

5.       Executive Summary

6.       Voice of Customer

6.1.    Market Awareness and Product Information

6.2.    Brand Awareness and Loyalty

6.3.    Factors Considered in Purchase Decision

6.3.1.Brand Name

6.3.2.Quality

6.3.3.Quantity

6.3.4.Price

6.3.5.Product Specification

6.3.6.Form Specification

6.3.7.Shelf Life

6.3.8.Availability of Product

6.4.    Frequency of Purchase

6.5.    Medium of Purchase

7.       Thermoplastic Elastomers Market Outlook, 2017-2031F

7.1.    Market Size & Forecast

7.1.1.By Value

7.1.2.By Volume

7.2.    By Material Type

7.2.1.Styrenic Block Copolymer (TPE-S)

7.2.2.Thermoplastic Olefin (TPO)

7.2.3.Elastomeric Alloy (TPE-V or TPV)

7.2.4.Thermoplastic Polyurethane (TPU)

7.2.5.Thermoplastic Copolyester (COPE)

7.2.6.Thermoplastic Polyamide (TPA)

7.2.7.Styrene Butadiene Block Copolymer (SBC)

7.2.8.Polyether Block Amide (PEBA)

7.2.9.Others 

7.3.    By Production Process

7.3.1.Extrusion

7.3.2.Injection Molding

7.3.3.Blow Molding

7.3.4.Others

7.4.    By Application

7.4.1.Transport Parts

7.4.1.1.              Bumpers

7.4.1.2.              Air Ducts

7.4.1.3.              High & Low-Pressure Pipes

7.4.1.4.              O-rings

7.4.1.5.              Others

7.4.2.Construction Extruded Seals

7.4.3.Electrical & Electronic Components

7.4.4.Medical Products

7.4.4.1.              Breathing tubes

7.4.4.2.              Syringe

7.4.4.3.              Ventilation Masks

7.4.4.4.              Others

7.4.5.Footwear Midsoles

7.4.6.Industrial Products

7.4.6.1.              Anti-vibration Mounts

7.4.6.2.              Inlet Pipes

7.4.6.3.              Others

7.4.7.Others

7.5.    By End-use Industry

7.5.1.Transportation

7.5.1.1.              Automotive

7.5.1.1.1.                    Passenger Vehicles (PVs)

7.5.1.1.2.                    Light Commercial Vehicles (LCVs)

7.5.1.1.3.                    Heavy Commercial Vehicles (HCVs)

7.5.1.2.              Aerospace

7.5.1.2.1.                    Commercial

7.5.1.2.2.                    Defense

7.5.1.2.3.                    Others

7.5.1.3.              Marine

7.5.1.3.1.                    Cargo Ships

7.5.1.3.2.                    Cruise Ships

7.5.1.3.3.                    Others

7.5.1.4.              Locomotive

7.5.2.Building & Construction

7.5.2.1.              Residential

7.5.2.2.              Non-residential

7.5.3.Electrical & Electronics

7.5.3.1.              Refrigerators

7.5.3.2.              Smartphones

7.5.3.3.              Cables

7.5.3.4.              Others

7.5.4.Medical Equipment

7.5.5.Footwear

7.5.6.Industrial

7.5.7.Others

7.6.    By Region

7.6.1.North America

7.6.2.Europe

7.6.3.South America

7.6.4.Asia-Pacific

7.6.5.Middle East and Africa

7.7.    By Company Market Share (%), 2023

8.       Thermoplastic Elastomers Market Outlook, By Region, 2017-2031F

8.1.   North America*

8.1.1.Market Size & Forecast

8.1.1.1.              By Value

8.1.1.2.              By Volume

8.1.2.By Material Type

8.1.2.1.              Styrenic Block Copolymer (TPE-S)

8.1.2.2.              Thermoplastic Olefin (TPO)

8.1.2.3.              Elastomeric Alloy (TPE-V or TPV)

8.1.2.4.              Thermoplastic Polyurethane (TPU)

8.1.2.5.              Thermoplastic Copolyester (COPE)

8.1.2.6.              Thermoplastic Polyamide (TPA)

8.1.2.7.              Styrene Butadiene Block Copolymer (SBC)

8.1.2.8.              Polyether Block Amide (PEBA)

8.1.2.9.              Others 

8.1.3.By Production Process

8.1.3.1.              Extrusion

8.1.3.2.              Injection Molding

8.1.3.3.              Blow Molding

8.1.3.4.              Others

8.1.4.By Application

8.1.4.1.              Transport Parts

8.1.4.1.1.                    Bumpers

8.1.4.1.2.                    Air Ducts

8.1.4.1.3.                    High & Low-Pressure Pipes

8.1.4.1.4.                    O-rings

8.1.4.1.5.                    Others

8.1.4.2.              Construction Extruded Seals

8.1.4.3.              Electrical & Electronic Components

8.1.4.4.              Medical Products

8.1.4.4.1.                    Breathing tubes

8.1.4.4.2.                    Syringe

8.1.4.4.3.                    Ventilation Masks

8.1.4.4.4.                    Others

8.1.4.5.              Footwear Midsoles

8.1.4.6.              Industrial Products

8.1.4.6.1.                    Anti-vibration Mounts

8.1.4.6.2.                    Inlet Pipes

8.1.4.6.3.                    Others

8.1.4.7.              Others

8.1.5.By End-use Industry

8.1.5.1.              Transportation

8.1.5.1.1.                    Automotive

8.1.5.1.1.1.   Passenger Vehicles (PVs)

8.1.5.1.1.2.   Light Commercial Vehicles (LCVs)

8.1.5.1.1.3.   Heavy Commercial Vehicles (HCVs)

8.1.5.1.2.                    Aerospace

8.1.5.1.2.1.   Commercial

8.1.5.1.2.2.   Defense

8.1.5.1.2.3.   Others

8.1.5.1.3.                    Marine

8.1.5.1.3.1.   Cargo Ships

8.1.5.1.3.2.   Cruise Ships

8.1.5.1.3.3.   Others

8.1.5.1.4.                    Locomotive

8.1.5.2.              Building & Construction

8.1.5.2.1.                    Residential

8.1.5.2.2.                    Non-residential

8.1.5.3.              Electrical & Electronics

8.1.5.3.1.                    Refrigerators

8.1.5.3.2.                    Smartphones

8.1.5.3.3.                    Cables

8.1.5.3.4.                    Others

8.1.5.4.              Medical Equipment

8.1.5.5.              Footwear

8.1.5.6.              Industrial

8.1.5.7.              Others

8.1.6.United States*

8.1.6.1.              Market Size & Forecast

8.1.6.1.1.                    By Value

8.1.6.1.2.                    By Volume

8.1.6.2.   By Material Type

8.1.6.2.1.                    Styrenic Block Copolymer (TPE-S)

8.1.6.2.2.                    Thermoplastic Olefin (TPO)

8.1.6.2.3.                    Elastomeric Alloy (TPE-V or TPV)

8.1.6.2.4.                    Thermoplastic Polyurethane (TPU)

8.1.6.2.5.                    Thermoplastic Copolyester (COPE)

8.1.6.2.6.                    Thermoplastic Polyamide (TPA)

8.1.6.2.7.                    Styrene Butadiene Block Copolymer (SBC)

8.1.6.2.8.                    Polyether Block Amide (PEBA)

8.1.6.2.9.                    Others 

8.1.6.3.   By Production Process

8.1.6.3.1.                    Extrusion

8.1.6.3.2.                    Injection Molding

8.1.6.3.3.                    Blow Molding

8.1.6.3.4.                    Others

8.1.6.4.   By Application

8.1.6.4.1.                    Transport Parts

8.1.6.4.1.1.   Bumpers

8.1.6.4.1.2.   Air Ducts

8.1.6.4.1.3.   High & Low-Pressure Pipes

8.1.6.4.1.4.   O-rings

8.1.6.4.1.5.   Others

8.1.6.4.2.                    Construction Extruded Seals

8.1.6.4.3.                    Electrical & Electronic Components

8.1.6.4.4.                    Medical Products

8.1.6.4.4.1.   Breathing tubes

8.1.6.4.4.2.   Syringe

8.1.6.4.4.3.   Ventilation Masks

8.1.6.4.4.4.   Others

8.1.6.4.5.                    Footwear Midsoles

8.1.6.4.6.                    Industrial Products

8.1.6.4.6.1.   Anti-vibration Mounts

8.1.6.4.6.2.   Inlet Pipes

8.1.6.4.6.3.   Others

8.1.6.4.7.                    Others

8.1.6.5.   By End-use Industry

8.1.6.5.1.                    Transportation

8.1.6.5.1.1.   Automotive

8.1.6.5.1.1.1.         Passenger Vehicles (PVs)

8.1.6.5.1.1.2.         Light Commercial Vehicles (LCVs)

8.1.6.5.1.1.3.         Heavy Commercial Vehicles (HCVs)

8.1.6.5.1.2.   Aerospace

8.1.6.5.1.2.1.         Commercial

8.1.6.5.1.2.2.         Defense

8.1.6.5.1.2.3.         Others

8.1.6.5.1.3.   Marine

8.1.6.5.1.3.1.         Cargo Ships

8.1.6.5.1.3.2.         Cruise Ships

8.1.6.5.1.3.3.         Others

8.1.6.5.1.4.   Locomotive

8.1.6.5.2.                    Building & Construction

8.1.6.5.2.1.   Residential

8.1.6.5.2.2.   Non-residential

8.1.6.5.3.                    Electrical & Electronics

8.1.6.5.3.1.   Refrigerators

8.1.6.5.3.2.   Smartphones

8.1.6.5.3.3.   Cables

8.1.6.5.3.4.   Others

8.1.6.5.4.                    Medical Equipment

8.1.6.5.5.                    Footwear

8.1.6.5.6.                    Industrial

8.1.6.5.7.                    Others

8.1.7.Canada

8.1.8.Mexico

*All segments will be provided for all regions and countries covered

8.2.   Europe

8.2.1.Germany

8.2.2.France

8.2.3.Italy

8.2.4.United Kingdom

8.2.5.Russia

8.2.6.Netherlands

8.2.7.Spain

8.2.8.Turkey

8.2.9.Poland

8.3.   South America

8.3.1.Brazil

8.3.2.Argentina

8.4.   Asia-Pacific

8.4.1.India

8.4.2.China

8.4.3.Japan

8.4.4.Australia

8.4.5.Vietnam

8.4.6.South Korea

8.4.7.Indonesia

8.4.8.Philippines

8.5.   Middle East & Africa

8.5.1.Saudi Arabia

8.5.2.UAE

8.5.3.South Africa

9.       Supply Side Analysis

9.1.    Capacity, By Company

9.2.    Production, By Company

9.3.    Operating Efficiency, By Company

9.4.    Key Plant Locations (Up to 25)

10.   Market Mapping, 2023

10.1.                     By Material Type

10.2.                     By Production Process

10.3.                     By Application

10.4.                     By End-use Industry

10.5.                     By Region

11.   Macro Environment and Industry Structure

11.1.                     Supply Demand Analysis

11.2.                     Import Export Analysis – Volume and Value

11.3.                     Supply/Value Chain Analysis

11.4.                     PESTEL Analysis

11.4.1.    Political Factors

11.4.2.    Economic System

11.4.3.    Social Implications

11.4.4.    Technological Advancements

11.4.5.    Environmental Impacts

11.4.6.    Legal Compliances and Regulatory Policies (Statutory Bodies Included)

11.5.                     Porter’s Five Forces Analysis

11.5.1.    Supplier Power

11.5.2.    Buyer Power

11.5.3.    Substitution Threat

11.5.4.    Threat from New Entrant

11.5.5.    Competitive Rivalry

12.   Market Dynamics

12.1.                     Growth Drivers

12.2.                     Growth Inhibitors (Challenges, Restraints)

13.   Key Players Landscape

13.1.                     Competition Matrix of Top Five Market Leaders

13.2.                     Market Revenue Analysis of Top Five Market Leaders (in %, 2023)

13.3.                     Mergers and Acquisitions/Joint Ventures (If Applicable)

13.4.                     SWOT Analysis (For Five Market Players)

13.5.                     Patent Analysis (If Applicable)

14.   Pricing Analysis

15.   Case Studies

16.   Key Players Outlook

16.1.                     BASF SE

16.1.1.    Company Details

16.1.2.    Key Management Personnel

16.1.3.    Products & Services

16.1.4.    Financials (As reported)

16.1.5.    Key Market Focus & Geographical Presence

16.1.6.    Recent Developments

16.2.                     Arkema

16.3.                     Covestro AG

16.4.                     Asahi Kasei Corporation.

16.5.                     DuPont.

16.6.                     Dow

16.7.                     Huntsman International LLC.

16.8.                     The Lubrizol Corporation

16.9.                     Mitsubishi Chemical Corporation.

16.10.                  KRATON CORPORATION  

*Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

17.   Strategic Recommendations

18.   About Us & Disclaimer

List of Figures

Figure 1. Global Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 2. Global Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 3. Global Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 4. Global Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 5. Global Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 6. Global Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 7. Global Thermoplastic Elastomers Market Share (%), By Region, 2017-2031F

Figure 8. North America Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 9. North America Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 10. North America Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 11. North America Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 12. North America Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 13. North America Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 14. North America Thermoplastic Elastomers Market Share (%), By Country, 2017-2031F

Figure 15. United States Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 16. United States Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 17. United States Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 18. United States Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 19. United States Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 20. United States Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 21. Canada Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 22. Canada Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 23. Canada Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 24. Canada Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 25. Canada Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 26. Canada Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 27. Mexico Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 28. Mexico Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 29. Mexico Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 30. Mexico Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 31. Mexico Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 32. Mexico Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 33. Europe Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 34. Europe Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 35. Europe Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 36. Europe Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 37. Europe Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 38. Europe Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 39. Europe Thermoplastic Elastomers Market Share (%), By Country, 2017-2031F

Figure 40. Germany Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 41. Germany Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 42. Germany Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 43. Germany Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 44. Germany Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 45. Germany Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 46. France Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 47. France Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 48. France Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 49. France Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 50. France Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 51. France Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 52. Italy Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 53. Italy Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 54. Italy Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 55. Italy Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 56. Italy Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 57. Italy Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 58. United Kingdom Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 59. United Kingdom Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 60. United Kingdom Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 61. United Kingdom Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 62. United Kingdom Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 63. United Kingdom Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 64. Russia Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 65. Russia Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 66. Russia Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 67. Russia Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 68. Russia Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 69. Russia Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 70. Netherlands Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 71. Netherlands Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 72. Netherlands Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 73. Netherlands Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 74. Netherlands Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 75. Netherlands Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 76. Spain Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 77. Spain Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 78. Spain Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 79. Spain Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 80. Spain Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 81. Spain Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 82. Turkey Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 83. Turkey Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 84. Turkey Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 85. Turkey Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 86. Turkey Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 87. Turkey Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 88. Poland Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 89. Poland Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 90. Poland Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 91. Poland Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 92. Poland Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 93. Poland Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 94. South America Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 95. South America Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 96. South America Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 97. South America Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 98. South America Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 99. South America Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 100. South America Thermoplastic Elastomers Market Share (%), By Country, 2017-2031F

Figure 101. Brazil Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 102. Brazil Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 103. Brazil Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 104. Brazil Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 105. Brazil Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 106. Brazil Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 107. Argentina Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 108. Argentina Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 109. Argentina Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 110. Argentina Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 111. Argentina Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 112. Argentina Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 113. Asia-Pacific Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 114. Asia-Pacific Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 115. Asia-Pacific Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 116. Asia-Pacific Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 117. Asia-Pacific Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 118. Asia-Pacific Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 119. Asia-Pacific Thermoplastic Elastomers Market Share (%), By Country, 2017-2031F

Figure 120. India Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 121. India Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 122. India Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 123. India Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 124. India Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 125. India Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 126. China Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 127. China Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 128. China Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 129. China Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 130. China Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 131. China Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 132. Japan Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 133. Japan Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 134. Japan Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 135. Japan Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 136. Japan Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 137. Japan Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 138. Australia Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 139. Australia Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 140. Australia Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 141. Australia Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 142. Australia Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 143. Australia Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 144. Vietnam Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 145. Vietnam Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 146. Vietnam Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 147. Vietnam Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 148. Vietnam Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 149. Vietnam Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 150. South Korea Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 151. South Korea Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 152. South Korea Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 153. South Korea Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 154. South Korea Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 155. South Korea Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 156. Indonesia Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 157. Indonesia Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 158. Indonesia Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 159. Indonesia Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 160. Indonesia Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 161. Indonesia Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 162. Philippines Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 163. Philippines Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 164. Philippines Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 165. Philippines Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 166. Philippines Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 167. Philippines Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 168. Middle East & Africa Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 169. Middle East & Africa Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 170. Middle East & Africa Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 171. Middle East & Africa Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 172. Middle East & Africa Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 173. Middle East & Africa Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 174. Middle East & Africa Thermoplastic Elastomers Market Share (%), By Country, 2017-2031F

Figure 175. Saudi Arabia Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 176. Saudi Arabia Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 177. Saudi Arabia Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 178. Saudi Arabia Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 179. Saudi Arabia Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 180. Saudi Arabia Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 181. UAE Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 182. UAE Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 183. UAE Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 184. UAE Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 185. UAE Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 186. UAE Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 187. South Africa Thermoplastic Elastomers Market, By Value, In USD Billion, 2017-2031F

Figure 188. South Africa Thermoplastic Elastomers Market, By Volume, In Kilotons, 2017-2031F

Figure 189. South Africa Thermoplastic Elastomers Market Share (%), By Material Type, 2017-2031F

Figure 190. South Africa Thermoplastic Elastomers Market Share (%), By Production Process, 2017-2031F

Figure 191. South Africa Thermoplastic Elastomers Market Share (%), By Application, 2017-2031F

Figure 192. South Africa Thermoplastic Elastomers Market Share (%), By End-use Industry, 2017-2031F

Figure 193. By Material Type Map-Market Size (USD Billion) & Growth Rate (%), 2023

Figure 194. By Production Process Map-Market Size (USD Billion) & Growth Rate (%), 2023

Figure 195. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2023

Figure 196. By End-use Industry Map-Market Size (USD Billion) & Growth Rate (%), 2023

Figure 197. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023

List of Tables

Table 1. Pricing Analysis of Products from Key Players

Table 2. Competition Matrix of Top 5 Market Leaders

Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)

Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

Frequently Asked Questions

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