Market Overview:
The global PVC elastomer market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for PVC elastomers from various end-use industries such as industrial, transportation, medical, and others. In terms of type, thermoset elastomer is expected to dominate the market during the forecast period owing to its properties such as high thermal stability and resistance against chemicals. In terms of application, industrial segment is projected to hold a major share in the global PVC elastomer market during the forecast period owing to its growing demand from various end-use industries such as automotive, construction & infrastructure, and electrical & electronics.
Product Definition:
PVC Elastomer is a polymer that is composed of vinyl chloride monomers. PVC elastomer has high flexibility and good resistance to oil, heat and weathering. It is used in the manufacture of hoses, belting, seals and gaskets.
Thermoset Elastomer:
Thermoset elastomer is a cross-linked polymer that exhibits high resistance to thermal and mechanical stress. It is also referred to as thermosetting plastic or resin. Thermoset elastomers are resistant to heat, light, and chemicals; thus they are ideal for applications where durability is a major factor.
Thermoplastic Elastomer:
Thermoplastic Elastomer (TPE) is a kind of synthetic rubber that has high resistance to heat, cold, and oil. TPE is also known as Thermoplastic Polymer or Synthetic Rubber. It’s produced by the polymerization of styrene-butadiene-styrene (SBS).
Application Insights:
The industrial application segment accounted for the largest volume share of over 60% in 2017. PVC elastomer finds wide applications in industries such as oil & gas, automotive, construction and electrical & electronics owing to its excellent chemical resistance and high temperature performance. It is used as an alternative to rubber in various industries including medical equipment & appliances, food processing and packaging, textiles among others.
PVC-free products are widely used across a variety of end-use industries due to their non-toxicity compared to traditional plastics. The growing awareness regarding the adverse effects associated with conventional synthetic polymers is expected fuel the demand for natural alternatives like PVC elastomers over the forecast period thereby supporting growth prospects of this market segment.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing population, rising disposable income of consumers and improving standard of living. Moreover, rapid industrialization coupled with favorable government policies aimed at promoting investments in manufacturing sectors has resulted in high demand for PVC elastomer products from end-use industries such as automotive & transportation; construction; electrical & electronics; household & consumer goods etc.
China accounted for a major share due to its large population along with growing automobile production which increased by nearly 10% between 2016 and 2017 on account of new vehicle launches by domestic manufacturers coupled with an increase in sales/resales by private consumers.
Growth Factors:
- Increasing demand from automotive and construction industries
- Rising awareness about the benefits of PVC elastomer over traditional rubber products
- Growing investments in research and development to improve the quality of PVC elastomer products
- Expansion of manufacturing capacities by key players in the market
- Emergence of new applications for PVC elastomers in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
PVC Elastomer Market Research Report
By Type
Thermoset Elastomer, Thermoplastic Elastomer
By Application
Industrial, Transportation, Medical, Others
By Companies
Mitsubishi Engineering-Plastics, Teknor Apex, KK Technovinyl Polymers, Axiall, Westlake Chemical, Avient, Colorite, Ineos
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global PVC Elastomer Market Report Segments:
The global PVC Elastomer market is segmented on the basis of:
Types
Thermoset Elastomer, Thermoplastic Elastomer
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
Industrial, Transportation, Medical, 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:
- Mitsubishi Engineering-Plastics
- Teknor Apex
- KK Technovinyl Polymers
- Axiall
- Westlake Chemical
- Avient
- Colorite
- Ineos
Highlights of The PVC Elastomer 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:
- Thermoset Elastomer
- Thermoplastic Elastomer
- By Application:
- Industrial
- Transportation
- Medical
- 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 PVC Elastomer 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?
PVC Elastomer is a type of plastic that is made from polyvinyl chloride. PVC Elastomer is often used in products that need to be flexible, such as pipes and tubing.
Some of the key players operating in the pvc elastomer market are Mitsubishi Engineering-Plastics, Teknor Apex, KK Technovinyl Polymers, Axiall, Westlake Chemical, Avient, Colorite, Ineos.
The pvc elastomer market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 PVC Elastomer 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 PVC Elastomer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PVC Elastomer 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 PVC Elastomer 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 PVC Elastomer Market Size & Forecast, 2020-2028
4.5.1 PVC Elastomer Market Size and Y-o-Y Growth
4.5.2 PVC Elastomer 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 Thermoset Elastomer
5.2.2 Thermoplastic Elastomer
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 Industrial
6.2.2 Transportation
6.2.3 Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PVC Elastomer 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 PVC Elastomer 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 Thermoset Elastomer
9.6.2 Thermoplastic Elastomer
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 Industrial
9.10.2 Transportation
9.10.3 Medical
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 Thermoset Elastomer
10.6.2 Thermoplastic Elastomer
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 Industrial
10.10.2 Transportation
10.10.3 Medical
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 Thermoset Elastomer
11.6.2 Thermoplastic Elastomer
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 Industrial
11.10.2 Transportation
11.10.3 Medical
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 Thermoset Elastomer
12.6.2 Thermoplastic Elastomer
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 Industrial
12.10.2 Transportation
12.10.3 Medical
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 Thermoset Elastomer
13.6.2 Thermoplastic Elastomer
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 Industrial
13.10.2 Transportation
13.10.3 Medical
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 PVC Elastomer Market: Competitive Dashboard
14.2 Global PVC Elastomer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Engineering-Plastics
14.3.2 Teknor Apex
14.3.3 KK Technovinyl Polymers
14.3.4 Axiall
14.3.5 Westlake Chemical
14.3.6 Avient
14.3.7 Colorite
14.3.8 Ineos
