Market Overview:
The global thermoplastic pellets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for thermoplastic pellets from various end-use industries, such as automotive, medical use, decoration, and others. In terms of type, the polypropylene segment is expected to lead the global thermoplastic pellets market during the forecast period. This can be attributed to its properties such as high strength-to-weight ratio and resistance against corrosion.
Product Definition:
Thermoplastic pellets are small, round, plastic granules that have been melted and then cooled into a solid form. Thermoplastic pellets are used to create plastic products of all kinds. They can be melted and reshaped multiple times, making them a versatile material for manufacturing.
Polypropylene:
Polypropylene (PP) is a widely used thermoplastic in the manufacturing of pellets. It offers several unique properties which make it suitable for use in various industries such as automotive, electrical & electronics and building & construction. PP is also being increasingly used to manufacture films, sheets and fibers which further finds its application in packaging materials, consumer goods and medical devices among others.
Polyurethane:
Polyurethane (PU) is a polymer, which is manufactured by the catalytic reaction of an organic compound with hydrogen. Polyurethane can be segmented on the basis of different types such as polyether polyurethanes, amino polyurethanes and urethane based PU. Thermoplastic pellets made from PU are used in various end-use industries including automotive & transportation and building & construction owing to their high strength, durability along with excellent insulation properties.
Application Insights:
The automotive segment dominated the global thermoplastic pellets market in terms of revenue share in 2017. The growing demand for lightweight and high-performance materials has led to an increased use of TPE pellet formers in the automotive industry. For instance, ULTIMATE LIGHTWEIGHT PE Pellets are used as a replacement for heavy metal parts that would otherwise weight down the car¢â‚¬â„¢s engine bay.
Titanium is one such precious metal that is largely used to make these kind of advanced engineering components due to its lightweight properties and corrosion resistance which makes it a popular material among component manufacturers across various industries globally. In addition, increasing demand from other end-use industries such as medical devices & equipment, electronics & appliances etc., will drive growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the largest regional market over the forecast period owing to high product demand from various application industries. The region accounted for a volume share of more than 50% in 2017 and is anticipated to grow at a significant CAGR over the forecast period. Increasing disposable income, coupled with growing population, has resulted in rapid urbanization and industrialization across emerging economies such as China, India, Indonesia among others are expected to drive overall industry growth.
The automotive sector in Asia Pacific was valued at USD X billion in 2016 and is projecteded expand at a CAGR of XX% by 2020 due to increasing vehicle production worldwide along with rising consumer preference towards automobiles especially for personal transportation which will further boost industry expansion over the coming years.
Growth Factors:
- Increasing demand from end-use industries: The global thermoplastic pellets market is witnessing a significant growth due to the increasing demand from various end-use industries such as automotive, construction, and packaging.
- Rising awareness about the benefits of thermoplastic pellets: Thermoplastic pellets offer several advantages over traditional materials such as metal and wood. This is resulting in an increase in their adoption across various applications.
- Technological advancements: The development of innovative technologies that can produce high-quality thermoplastic pellets is aiding the growth of this market.
- Growing investments by key players: Key players are investing heavily in research and development activities to develop new products and expand their presence in the global thermoplastic pellets market. This is helping them to cater to the growing demand for these products globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoplastic Pellets Market Research Report
By Type
Polypropylene, Polyurethane, Others
By Application
Automotive, Medical Use, Decoration, Others
By Companies
PolyVisions, RTP Company, APSX LLC., Radiation Products Design, Inc., Premier Plastic Resins, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Thermoplastic Pellets Market Report Segments:
The global Thermoplastic Pellets market is segmented on the basis of:
Types
Polypropylene, Polyurethane, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Medical Use, Decoration, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PolyVisions
- RTP Company
- APSX LLC.
- Radiation Products Design, Inc.
- Premier Plastic Resins, Inc.
Highlights of The Thermoplastic Pellets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polypropylene
- Polyurethane
- Others
- By Application:
- Automotive
- Medical Use
- Decoration
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thermoplastic Pellets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thermoplastic pellets are a type of plastic that is made from a mixture of polymers. These pellets are often used in products that need to be heat-resistant, such as cookware and insulation.
Some of the major players in the thermoplastic pellets market are PolyVisions, RTP Company, APSX LLC., Radiation Products Design, Inc., Premier Plastic Resins, Inc..
The thermoplastic pellets market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermoplastic Pellets Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Thermoplastic Pellets Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Thermoplastic Pellets Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Thermoplastic Pellets Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Thermoplastic Pellets Market Size & Forecast, 2020-2028 4.5.1 Thermoplastic Pellets Market Size and Y-o-Y Growth 4.5.2 Thermoplastic Pellets Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polypropylene
5.2.2 Polyurethane
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Medical Use
6.2.3 Decoration
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermoplastic Pellets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thermoplastic Pellets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polypropylene
9.6.2 Polyurethane
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Medical Use
9.10.3 Decoration
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polypropylene
10.6.2 Polyurethane
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Medical Use
10.10.3 Decoration
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polypropylene
11.6.2 Polyurethane
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Medical Use
11.10.3 Decoration
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polypropylene
12.6.2 Polyurethane
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Medical Use
12.10.3 Decoration
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polypropylene
13.6.2 Polyurethane
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Medical Use
13.10.3 Decoration
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thermoplastic Pellets Market: Competitive Dashboard
14.2 Global Thermoplastic Pellets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PolyVisions
14.3.2 RTP Company
14.3.3 APSX LLC.
14.3.4 Radiation Products Design, Inc.
14.3.5 Premier Plastic Resins, Inc.