Thermoplastic Elastomers (TPE) Market Report

 

Thermoplastic elastomers (TPE) combine the advantages of rubber and plastic. They are elastic, pliable, and flexible like vulcanized elastomers at room temperature; however, when they are heated, they can be melted, shaped repeatedly, and recycled like conventional standard plastics. TPE can be easily colored and allow combinations of hard and soft components. Ceresana has now analyzed the global market for these innovative materials for the third time already: global revenues generated with thermoplastic elastomers are expected to increase to almost USD 21 billion by 2027.

TPE Applications Conquer Everyday Life

TPE are used in many areas because they offer versatile properties and are easy to process. The most important application areas are transportation, the construction industry, other industrial products, shoes and sporting goods, as well as other consumer goods. Around 36% of all TPE products worldwide are processed in the automotive industry. Possible applications of TPE in this area range from fabric coatings, sealants and covers to inlay mats and bumpers. TPE is also in increasing demand in construction and other industries, such as in mechanical engineering, medical technology, and electrical engineering and electronics. TPE can now be found in numerous everyday products, for example in cable sheathings, roof membranes, soft-touch handles for tools or toothbrushes, as well as in many toys and household appliances.

Growing Market for Thermoplastic Elastomers

The demand for TPE is strongly concentrated in the largest economic nations: processors in China, the USA, Japan, and Germany currently account for more than 60% of global consumption. The production of TPE is dominated by manufacturers in Asia, where more than 57% of the global production takes place. North America comes in second place, followed by Western Europe.

SBC Is the Most Widely Used Grade of TPE

The market shares of the various types of TPE vary considerably in some cases, mainly due to the different sizes of the respective customer industries. By far the most commonly used class of TPE is the group of styrene block copolymers (SBC), which accounts for around 47% of global consumption. Their use ranges from admixtures in adhesives to asphalt modifications in road construction. Thermoplastic polyolefins (TPO) constitute the second largest TPE market. Their main area of application is the transportation industry. Another important type of TPE is thermoplastic polyurethanes (TPU), which are used, for example, for dashboards and housing shells.

The Study in Brief:

Chapter 1 offers a differentiated presentation and analysis of the global TPE market - including forecasts until 2027: the development of revenues, demand, and production is presented for each region of the world. The market for TPE is divided into the different types of TPE: styrene block copolymers (SBC), thermoplastic polyolefins (TPO), thermoplastic polyurethanes (TPU), thermoplastic vulcanizates (TPV) and other thermoplastic elastomers.
The different areas of application of thermoplastic elastomers are also examined in detail. Data and factors influencing the use of TPE in the segments transportation, construction, other industries, shoes and sporting goods, as well as other consumer goods are analyzed separately.

Chapter 2 provides an in-depth analysis of the 16 most important countries for the TPE market: demand, exports, imports, production, and revenues. The countries are also reviewed in terms of the different application areas. The data on demand volumes per country are furthermore divided by each product type.

Chapter 3 provides a useful list of manufacturers including the 59 most important producers of TPE. It is clearly organized by contact information, revenues, profits, product range, production sites, and profile summary. Some of the most important manufacturers are, for example, China Petroleum & Chemical Corp. (Sinopec Corp.), Exxon Mobil Corporation, Versalis S.p.A., BASF SE, Dynasol Group, DuPont De Nemours, Inc., Compagnie de Saint-Gobain S.A., LyondellBasell Industries, Mitsubishi Chemical Corporation, and Sumitomo Chemical Co., Ltd.

1 Market Data: World and Regions

1 Market Data: World and Regions
1.1 World
1.1.1 Demand
1.1.2 Revenues
1.1.3 Production

1.1.4 Applications
1.1.4.1 Transportation
1.1.4.2 Construction
1.1.4.3 Other Industries
1.1.4.4 Shoes and Sporting Goods
1.1.4.5 Consumer Goods

1.1.5 Products
1.1.5.1 Styrene Block Copolymers (SBC)
1.1.5.2 Thermoplastic Polyolefins (TPO)
1.1.5.3 Thermoplastic Polyurethanes (TPU)
1.1.5.4 Thermoplastic Vulcanizates (TPV)
1.1.5.5 Other Thermoplastic Elastomers

1.2 Western Europe
1.2.1 Demand
1.2.2 Revenues
1.2.3 Production
1.2.4 Applications and Products

1.3 Eastern Europe
1.3.1 Demand
1.3.2 Revenues
1.3.3 Production
1.3.4 Applications and Products

1.4 North America
1.4.1 Demand
1.4.2 Revenues
1.4.3 Production
1.4.4 Applications and Products

1.5 South America
1.5.1 Demand
1.5.2 Revenues
1.5.3 Production
1.5.4 Applications and Products

1.6 Asia-Pacific
1.6.1 Demand
1.6.2 Revenues
1.6.3 Production
1.6.4 Applications and Products

1.7 Middle East / Africa
1.7.1 Demand
1.7.2 Revenues
1.7.3 Production
1.7.4 Applications and Products

2 Market Data: Countries

2.1 Western Europe
2.1.1 France
2.1.1.1 Demand and Revenues
2.1.1.2 Production and Trade
2.1.2 Germany
2.1.2.1 Demand and Revenues
2.1.2.2 Production and Trade
2.1.3 Italy
2.1.3.1 Demand and Revenues
2.1.3.2 Production and Trade
2.1.4 Spain
2.1.4.1 Demand and Revenues
2.1.4.2 Production and Trade
2.1.5 United Kingdom
2.1.5.1 Demand and Revenues
2.1.5.2 Production and Trade
2.1.6 Other Western Europe
2.1.6.1 Demand and Revenues
2.1.6.2 Production and Trade

2.2 Eastern Europe
2.2.1 Poland
2.2.1.1 Demand and Revenues
2.2.1.2 Production and Trade
2.2.2 Russia
2.2.2.1 Demand and Revenues
2.2.2.2 Production and Trade
2.2.3 Turkey
2.2.3.1 Demand and Revenues
2.2.3.2 Production and Trade
2.2.4 Other Eastern Europe
2.2.4.1 Demand and Revenues
2.2.4.2 Production and Trade

2.3 North America
2.3.1 Canada
2.3.1.1 Demand and Revenues
2.3.1.2 Production and Trade
2.3.2 Mexico
2.3.2.1 Demand and Revenues
2.3.2.2 Production and Trade
2.3.3 USA
2.3.3.1 Demand and Revenues
2.3.3.2 Production and Trade

2.4 South America
2.4.1 Brazil
2.4.1.1 Demand and Revenues
2.4.1.2 Production and Trade
2.4.2 Other South America
2.4.2.1 Demand and Revenues
2.4.2.2 Production and Trade

2.5 Asia-Pacific
2.5.1 China
2.5.1.1 Demand and Revenues
2.5.1.2 Production and Trade
2.5.2 India
2.5.2.1 Demand and Revenues
2.5.2.2 Production and Trade
2.5.3 Japan
2.5.3.1 Demand and Revenues
2.5.3.2 Production and Trade
2.5.4 South Korea
2.5.4.1 Demand and Revenues
2.5.4.2 Production and Trade
2.5.5 Other Asia-Pacific
2.5.5.1 Demand and Revenues
2.5.5.2 Production and Trade

3 Company Profiles*

3.1  Western Europe
Austria (1 Producer)
France (2)
Germany (6)
Italy (3)
Spain (2)
Sweden (2)
The Netherlands (2)

3.2  Eastern Europe
Russia (2)
Turkey (2)

3.3  North America
Mexico (1)
USA (12)

3.4  Asia-Pacific
China (5)
India (1)
Japan (8)
Singapore (1)
South Korea (5)
Taiwan (4)

*Note: The profiles are assigned to the country in which the company or holding is headquartered. Profiles also include JVs and subsidiaries.

Graph 1: Global demand for TPE from 2011 to 2027
Graph 2: Global demand for TPE from 2011 to 2027 – split by regions
Graph 3: Global revenues generated with TPE from 2011 to 2027 in billion USD and billion EUR
Graph 4: Global revenues generated with TPE from 2011 to 2027 in billion USD – split by regions
Graph 5: Global revenues generated with TPE from 2011 to 2027 in billion EUR – split by regions
Graph 6: Global production of TPE from 2011 to 2027
Graph 7: Global production of TPE from 2011 to 2027 – split by regions
Graph 8: Global demand for TPE from 2011 to 2027 – split by applications
Graph 9: Global demand for TPE in the segment transportation from 2011 to 2027 – split by regions
Graph 10: Global demand for TPE in the construction industry from 2011 to 2027 – split by regions
Graph 11: Global demand for TPE in other industries from 2011 to 2027 – split by regions
Graph 12: Global demand for TPE in the segment shoes and sporting goods from 2011 to 2027 – split by regions
Graph 13: Global demand for TPE in the segment consumer goods from 2011 to 2027 – split by regions
Graph 14: Global demand for TPE from 2011 to 2027– split by products
Graph 15: Global demand for SBC from 2011 to 2027 – split by regions
Graph 16: Global demand for TPO from 2011 to 2027 – split by regions
Graph 17: Global demand for TPU from 2011 to 2027 – split by regions
Graph 18: Global demand for TPV from 2011 to 2027 – split by regions
Graph 19: Global demand for other thermoplastic elastomers from 2011 to 2027 – split by regions
Graph 20: Demand for TPE in Western Europe from 2011 to 2027
Graph 21: Revenues generated with TPE in Western Europe from 2011 to 2027 in billion USD and billion EUR
Graph 22: Production of TPE in Western Europe from 2011 to 2027
Graph 23: Demand for TPE in Western Europe from 2011 to 2027 – split by applications
Graph 24: Demand for TPE in Eastern Europe from 2011 to 2027
Graph 25: Revenues generated with TPE in Eastern Europe from 2011 to 2027 in billion USD and billion EUR
Graph 26: Production of TPE in Eastern Europe from 2011 to 2027
Graph 27: Demand for TPE in Eastern Europe from 2011 to 2027 – split by applications
Graph 28: Demand for TPE in North America from 2011 to 2027
Graph 29: Revenues generated with TPE in North America from 2011 to 2027 in billion USD and billion EUR
Graph 30: Production of TPE in North America from 2011 to 2027
Graph 31: Demand for TPE in North America from 2011 to 2027 – split by applications
Graph 32: Demand for TPE in South America from 2011 to 2027
Graph 33: Revenues generated with TPE in South America from 2011 to 2027 in billion USD and billion EUR
Graph 34: Production of TPE in South America from 2011 to 2027
Graph 35: Demand for TPE in South America from 2011 to 2027 – split by applications
Graph 36: Demand for TPE in Asia-Pacific from 2011 to 2027
Graph 37: Revenues generated with TPE in Asia-Pacific from 2011 to 2027 in billion USD and billion EUR
Graph 38: Production of TPE in Asia-Pacific from 2011 to 2027
Graph 39: Demand for TPE in Asia-Pacific from 2011 to 2027 – split by applications
Graph 40: Demand for TPE in the region Middle East / Africa from 2011 to 2027
Graph 41: Revenues generated with TPE in the region Middle East / Africa from 2011 to 2027 in billion USD and billion EUR
Graph 42: Production of TPE in the region Middle East / Africa from 2011 to 2027
Graph 43: Demand for TPE in the region Middle East / Africa from 2011 to 2027 – split by applications
Graph 44: Demand for TPE in France from 2011 to 2027
Graph 45: Production of TPE in France from 2011 to 2027
Graph 46: Demand for TPE in Germany from 2011 to 2027
Graph 47: Production of TPE in Germany from 2011 to 2027
Graph 48: Demand for TPE in Italy from 2011 to 2027
Graph 49: Production of TPE in Italy from 2011 to 2027
Graph 50: Demand for TPE in Spain from 2011 to 2027
Graph 51: Production of TPE in Spain from 2011 to 2027
Graph 52: Demand for TPE in the United Kingdom from 2011 to 2027
Graph 53: Production of TPE in the United Kingdom from 2011 to 2027
Graph 54: Demand for TPE in the remaining countries of Western Europe from 2011 to 2027
Graph 55: Production of TPE in the remaining countries of Western Europe from 2011 to 2027
Graph 56: Demand for TPE in Poland from 2011 to 2027
Graph 57: Production of TPE in Poland from 2011 to 2027
Graph 58: Demand for TPE in Russia from 2011 to 2027
Graph 59: Production of TPE in Russia from 2011 to 2027
Graph 60: Demand for TPE in Turkey from 2011 to 2027
Graph 61: Production of TPE in Turkey from 2011 to 2027
Graph 62: Demand for TPE in the remaining countries of Eastern Europe from 2011 to 2027
Graph 63: Production of TPE in the remaining countries of Eastern Europe from 2011 to 2027
Graph 64: Demand for TPE in Canada from 2011 to 2027
Graph 65: Production of TPE in Canada from 2011 to 2027
Graph 66: Demand for TPE in Mexico from 2011 to 2027
Graph 67: Production of TPE in Mexico from 2011 to 2027
Graph 68: Demand for TPE in the USA from 2011 to 2027
Graph 69: Production of TPE in the USA from 2011 to 2027
Graph 70: Demand for TPE in Brazil from 2011 to 2027
Graph 71: Production of TPE in Brazil from 2011 to 2027
Graph 72: Demand for TPE in the remaining countries of South America from 2011 to 2027
Graph 73: Production of TPE in the remaining countries of South America from 2011 to 2027
Graph 74: Demand for TPE in China from 2011 to 2027
Graph 75: Production of TPE in China from 2011 to 2027
Graph 76: Demand for TPE in India from 2011 to 2027
Graph 77: Production of TPE in India from 2011 to 2027
Graph 78: Demand for TPE in Japan from 2011 to 2027
Graph 79: Production of TPE in Japan from 2011 to 2027
Graph 80: Demand for TPE in South Korea from 2011 to 2027
Graph 81: Production of TPE in South Korea from 2011 to 2027
Graph 82: Demand for TPE in the remaining countries of Asia-Pacific from 2011 to 2027
Graph 83: Production of TPE in the remaining countries of Asia-Pacific from 2011 to 2027

Table 1: Global demand for TPE from 2011 to 2027 – split by regions
Table 2: Global revenues generated with TPE from 2011 to 2027 in million USD – split by regions
Table 3: Global revenues generated with TPE from 2011 to 2027 in million EUR – split by regions
Table 4: Global production of TPE from 2011 to 2027 – split by regions
Table 5: Global demand for TPE from 2011 to 2027 – split by applications
Table 6: Global demand for TPE in the segment transportation from 2011 to 2027 – split by regions
Table 7: Global demand for TPE in the construction industry from 2011 to 2027 – split by regions
Table 8: Global demand for TPE in other industries from 2011 to 2027 – split by regions
Table 9: Global demand for TPE in the segment shoes and sporting goods from 2011 to 2027 – split by regions
Table 10: Global demand for TPE in the segment consumer goods from 2011 to 2027 – split by regions
Table 11: Global demand for TPE from 2011 to 2027– split by products
Table 12: Global demand for SBC from 2011 to 2027 – split by regions
Table 13: Global demand for TPO from 2011 to 2027 – split by regions
Table 14: Global demand for TPU from 2011 to 2027 – split by regions
Table 15: Global demand for TPV from 2011 to 2027 – split by regions
Table 16: Global demand for other thermoplastic elastomers from 2011 to 2027 – split by regions
Table 17: Demand for TPE in Western Europe from 2011 to 2027 – split by major countries
Table 18: Revenues generated with TPE in Western Europe from 2011 to 2027 in million USD and million EUR
Table 19: Production of TPE in Western Europe from 2011 to 2027 – split by major countries
Table 20: Demand for TPE in Western Europe from 2011 to 2027 – split by applications
Table 21: Demand for TPE in Western Europe from 2011 to 2027 – split by products
Table 22: Demand for TPE in Eastern Europe from 2011 to 2027 – split by major countries
Table 23: Revenues generated with TPE in Eastern Europe from 2011 to 2027 in million USD and million EUR
Table 24: Production of TPE in Eastern Europe from 2011 to 2027 – split by major countries
Table 25: Demand for TPE in Eastern Europe from 2011 to 2027 – split by applications
Table 26: Demand for TPE in Eastern Europe from 2011 to 2027 – split by products
Table 27: Demand for TPE in North America from 2011 to 2027 – split by major countries
Table 28: Revenues generated with TPE in North America from 2011 to 2027 in million USD and million EUR
Table 29: Production of TPE in North America from 2011 to 2027 – split by major countries
Table 30: Demand for TPE in North America from 2011 to 2027 – split by applications
Table 31: Demand for TPE in North America from 2011 to 2027 – split by products
Table 32: Demand for TPE in South America from 2011 to 2027 – split by major countries
Table 33: Revenues generated with TPE in South America from 2011 to 2027 in million USD and million EUR
Table 34: Production of TPE in South America from 2011 to 2027 – split by major countries
Table 35: Demand for TPE in South America from 2011 to 2027 – split by applications
Table 36: Demand for TPE in South America from 2011 to 2027 – split by products
Table 37: Demand for TPE in Asia-Pacific from 2011 to 2027 – split by major countries
Table 38: Revenues generated with TPE in Asia-Pacific from 2011 to 2027 in million USD and million EUR
Table 39: Production of TPE in Asia-Pacific from 2011 to 2027 – split by major countries
Table 40: Demand for TPE in Asia-Pacific from 2011 to 2027 – split by applications
Table 41: Demand for TPE in Asia-Pacific from 2011 to 2027 — split by products
Table 42: Revenues generated with TPE in the region Middle East / Africa from 2011 to 2027 in million USD and million EUR
Table 43: Demand for TPE in the region Middle East / Africa from 2011 to 2027 – split by applications
Table 44: Demand for TPE in the region Middle East / Africa from 2011 to 2027 – split by products
Table 45: Revenues generated with TPE in France from 2011 to 2027 in million USD and million EUR
Table 46: Demand for TPE in France from 2011 to 2027 – split by applications
Table 47: Demand for TPE in France from 2011 to 2027 – split by types of TPE
Table 48: Production, import, and export of and demand for TPE in France from 2011 to 2027
Table 49: Revenues generated with TPE in Germany from 2011 to 2027 in million USD and million EUR
Table 50: Demand for TPE in Germany from 2011 to 2027 – split by applications
Table 51: Demand for TPE in Germany from 2011 to 2027 – split by types of TPE
Table 52: Production, import, and export of and demand for TPE in Germany from 2011 to 2027
Table 53: Revenues generated with TPE in Italy from 2011 to 2027 in million USD and million EUR
Table 54: Demand for TPE in Italy from 2011 to 2027 – split by applications
Table 55: Demand for TPE in Italy from 2011 to 2027 – split by types of TPE
Table 56: Production, import, and export of and demand for TPE in Italy from 2011 to 2027
Table 57: Revenues generated with TPE in Spain from 2011 to 2027 in million USD and million EUR
Table 58: Demand for TPE in Spain from 2011 to 2027 – split by applications
Table 59: Demand for TPE in Spain from 2011 to 2027 – split by types of TPE
Table 60: Production, import, and export of and demand for TPE in Spain from 2011 to 2027
Table 61: Revenues generated with TPE in the United Kingdom from 2011 to 2027 in million USD and million EUR
Table 62: Demand for TPE in the United Kingdom from 2011 to 2027 – split by applications
Table 63: Demand for TPE in the United Kingdom from 2011 to 2027 – split by types of TPE
Table 64: Production, import, and export of and demand for TPE in the United Kingdom from 2011 to 2027
Table 65: Revenues generated with TPE in the remaining countries of Western Europe from 2011 to 2027 in million USD and million EUR
Table 66: Demand for TPE in the remaining countries of Western Europe from 2011 to 2027 – split by applications
Table 67: Demand for TPE in the remaining countries of Western Europe from 2011 to 2027 – split by types of TPE
Table 68: Production, import, and export of and demand for TPE in the remaining countries of Western Europe from 2011 to 2027
Table 69: Revenues generated with TPE in Poland from 2011 to 2027 in million USD and million EUR
Table 70: Demand for TPE in Poland from 2011 to 2027 – split by applications
Table 71: Demand for TPE in Poland from 2011 to 2027 – split by types of TPE
Table 72: Production, import, and export of and demand for TPE in Poland from 2011 to 2027
Table 73: Revenues generated with TPE in Russia from 2011 to 2027 in million USD and million EUR
Table 74: Demand for TPE in Russia from 2011 to 2027 – split by applications
Table 75: Demand for TPE in Russia from 2011 to 2027 – split by types of TPE
Table 76: Production, import, and export of and demand for TPE in Russia from 2011 to 2027
Table 77: Revenues generated with TPE in Turkey from 2011 to 2027 in million USD and million EUR
Table 78: Demand for TPE in Turkey from 2011 to 2027 – split by applications
Table 79: Demand for TPE in Turkey from 2011 to 2027 – split by types of TPE
Table 80: Production, import, and export of and demand for TPE in Turkey from 2011 to 2027
Table 81: Revenues generated with TPE in the remaining countries of Eastern Europe from 2011 to 2027 in million USD and million EUR
Table 82: Demand for TPE in the remaining countries of Eastern Europe from 2011 to 2027 – split by applications
Table 83: Demand for TPE in the remaining countries of Eastern Europe from 2011 to 2027 – split by types of TPE
Table 84: Production, import, and export of and demand for TPE in the remaining countries of Eastern Europe from 2011 to 2027
Table 85: Revenues generated with TPE in Canada from 2011 to 2027 in million USD and million EUR
Table 86: Demand for TPE in Canada from 2011 to 2027 – split by applications
Table 87: Demand for TPE in Canada from 2011 to 2027 – split by types of TPE
Table 88: Production, import, and export of and demand for TPE in Canada from 2011 to 2027
Table 89: Revenues generated with TPE in Mexico from 2011 to 2027 in million USD and million EUR
Table 90: Demand for TPE in Mexico from 2011 to 2027 – split by applications
Table 91: Demand for TPE in Mexico from 2011 to 2027 – split by types of TPE
Table 92: Production, import, and export of and demand for TPE in Mexico from 2011 to 2027
Table 93: Revenues generated with TPE in the USA from 2011 to 2027 in million USD and million EUR
Table 94: Demand for TPE in the USA from 2011 to 2027 – split by applications
Table 95: Demand for TPE in the USA from 2011 to 2027 – split by types of TPE
Table 96: Production, import, and export of and demand for TPE in the USA from 2011 to 2027
Table 97: Revenues generated with TPE in Brazil from 2011 to 2027 in million USD and million EUR
Table 98: Demand for TPE in Brazil from 2011 to 2027 – split by applications
Table 99: Demand for TPE in Brazil from 2011 to 2027 – split by types of TPE
Table 100: Production, import, and export of and demand for TPE in Brazil from 2011 to 2027
Table 101: Revenues generated with TPE in the remaining countries of South America from 2011 to 2027 in million USD and million EUR
Table 102: Demand for TPE in the remaining countries of South America from 2011 to 2027 – split by applications
Table 103: Demand for TPE in the remaining countries of South America from 2011 to 2027 – split by types of TPE
Table 104: Production, import, and export of and demand for TPE in the remaining countries of South America from 2011 to 2027
Table 105: Revenues generated with TPE in China from 2011 to 2027 in million USD and million EUR
Table 106: Demand for TPE in China from 2011 to 2027 – split by applications
Table 107: Demand for TPE in China from 2011 to 2027 – split by types of TPE
Table 108: Production, import, and export of and demand for TPE in China from 2011 to 2027
Table 109: Revenues generated with TPE in India from 2011 to 2027 in million USD and million EUR
Table 110: Demand for TPE in India from 2011 to 2027 – split by applications
Table 111: Demand for TPE in India from 2011 to 2027 – split by types of TPE
Table 112: Production, import, and export of and demand for TPE in India from 2011 to 2027
Table 113: Revenues generated with TPE in Japan from 2011 to 2027 in million USD and million EUR
Table 114: Demand for TPE in Japan from 2011 to 2027 – split by applications
Table 115: Demand for TPE in Japan from 2011 to 2027 – split by types of TPE
Table 116: Production, import, and export of and demand for TPE in Japan from 2011 to 2027
Table 117: Revenues generated with TPE in South Korea from 2011 to 2027 in million USD and million EUR
Table 118: Demand for TPE in South Korea from 2011 to 2027 – split by applications
Table 119: Demand for TPE in South Korea from 2011 to 2027 – split by types of TPE
Table 120: Production, import, and export of and demand for TPE in South Korea from 2011 to 2027
Table 121: Revenues generated with TPE in the remaining countries of Asia-Pacific from 2011 to 2027 in million USD and million EUR
Table 122: Demand for TPE in the remaining countries of Asia-Pacific from 2011 to 2027 – split by applications
Table 123: Demand for TPE in the remaining countries of Asia-Pacific from 2011 to 2027 – split by types of TPE
Table 124: Production, import, and export of and demand for TPE in the remaining countries of Asia-Pacific from 2011 to 2027