Market Overview:
The global thermoplastic vulcanizates (TPV) market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The TPV market is segmented on the basis of type, application, and region. On the basis of type, the TPV market is segmented into EPDM/PP blends, NR/PP blends, and others. The EPDM/PP blend segment is expected to dominate the TPV market in terms of volume during the forecast period owing to its superior properties such as high thermal stability and resistance to oil and grease. On the basis of application, the TPV market is divided into automobile, industrial machinery & equipment, electronic appliances & components,, building & construction,, medical devices,, packaging materials,, Others). The Others segment includes toys & sporting goods,. automotive parts,. hose assemblies,. Among these applications., building & construction held a major share in 2017 due to increasing demand for thermoplastic vulcanizates from countries such as China and India.
 Industry Outlook.svg)
Product Definition:
Thermoplastic Vulcanizates (TPV) are a family of materials that combine the properties of elastomers and thermoplastics. TPVs can be processed by conventional thermoplastic equipment, making them easy to fabricate into parts with complex shapes. They also have good elasticity and strength, making them suitable for use in applications such as automotive hoses and seals, medical devices, and footwear.
EPDM/PP Blends:
EPDM/PP Blends, it's usage.
The global EPDM rubber sheet market is expected to grow at a significant rate over the forecast period.
NR/PP Blends:
NR/PP Blends is a new term in the industry and it represents a unique combination of Non-Stick (NS) polymer and Polypropylene (PP). The blend can be used as an alternative to PVC or polyvinyl chloride. It has been designed for specific applications where NS polymer properties are required but PP cannot be used.
Application Insights:
Automotive was the largest application segment in 2015 and is expected to continue its dominance over the forecast period. TPV¢â‚¬â„¢s are used in various automotive applications including window, door, sunroof, and roof seals as well as weather stripping. They are also used for manufacturing airbags, headliners/carpets and seat trims on account of their excellent properties such as low gas permeability and high durability.
TPV¢â‚¬â„¢s have a wide range of uses in industrial machinery & equipment including pumps & motors (fluid transfer), containers (food packaging), fans & ventilation systems (ventilation), heat exchangers (chemical processing) along with electrical appliances such as switches or sockets due to their non-conductive properties which prevent electric leakage current from entering into the body of an appliance through metal surfaces.
Regional Analysis:
North America dominated the global TPV market in 2017. Increasing demand for automobiles and building & construction products is expected to drive the regional market over the forecast period. The U.S., being a major automobile manufacturing hub, has witnessed increased production of vehicles since past few years on account of increasing consumer demand and low cost of production in this region as compared to other developed regions such as Europe and Japan.
Growth Factors:
- Increasing demand for lightweight and durable materials in automotive and transportation industries
- Rising demand for TPV in medical applications owing to its properties such as biocompatibility and non-toxicity
- Growing popularity of TPV in electrical & electronics industry due to its excellent thermal, mechanical, and electrical properties
- Rising demand from emerging economies due to growing industrialization and urbanization
- Technological advancements that have led to the development of new grades of TPV with better performance characteristics
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoplastic Vulcanizates (TPV) Market Research Report
By Type
EPDM/PP Blends, NR/PP Blends, Others
By Application
Automobile, Industrial, Electronic Appliances, Building & Construction, Others
By Companies
ExxonMobil Chemical, Teknor Apex, Mitsui Chemicals, DuPont, RTP Company, Mitsubishi Chemical, Zeon
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
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Thermoplastic Vulcanizates (TPV) Market Report Segments:
The global Thermoplastic Vulcanizates (TPV) market is segmented on the basis of:
Types
EPDM/PP Blends, NR/PP Blends, 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
Automobile, Industrial, Electronic Appliances, Building & Construction, 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:
- ExxonMobil Chemical
- Teknor Apex
- Mitsui Chemicals
- DuPont
- RTP Company
- Mitsubishi Chemical
- Zeon
 Market Overview.svg)
Highlights of The Thermoplastic Vulcanizates (TPV) 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:
- EPDM/PP Blends
- NR/PP Blends
- Others
- By Application:
- Automobile
- Industrial
- Electronic Appliances
- Building & Construction
- 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 Vulcanizates (TPV) 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
 Market Statistics.svg)
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 Vulcanizates (TPV) are a type of thermoplastic that is made from vulcanized rubber. TPV is often used in products that need to be resistant to heat and weather, such as outdoor furniture and signs.
Some of the major companies in the thermoplastic vulcanizates (tpv) market are ExxonMobil Chemical, Teknor Apex, Mitsui Chemicals, DuPont, RTP Company, Mitsubishi Chemical, Zeon.
The thermoplastic vulcanizates (tpv) market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) 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 Vulcanizates (TPV) Market Size & Forecast, 2020-2028
4.5.1 Thermoplastic Vulcanizates (TPV) Market Size and Y-o-Y Growth
4.5.2 Thermoplastic Vulcanizates (TPV) 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 EPDM/PP Blends
5.2.2 NR/PP Blends
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 Automobile
6.2.2 Industrial
6.2.3 Electronic Appliances
6.2.4 Building & Construction
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) 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 EPDM/PP Blends
9.6.2 NR/PP Blends
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 Automobile
9.10.2 Industrial
9.10.3 Electronic Appliances
9.10.4 Building & Construction
9.10.5 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 EPDM/PP Blends
10.6.2 NR/PP Blends
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 Automobile
10.10.2 Industrial
10.10.3 Electronic Appliances
10.10.4 Building & Construction
10.10.5 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 EPDM/PP Blends
11.6.2 NR/PP Blends
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 Automobile
11.10.2 Industrial
11.10.3 Electronic Appliances
11.10.4 Building & Construction
11.10.5 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 EPDM/PP Blends
12.6.2 NR/PP Blends
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 Automobile
12.10.2 Industrial
12.10.3 Electronic Appliances
12.10.4 Building & Construction
12.10.5 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 EPDM/PP Blends
13.6.2 NR/PP Blends
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 Automobile
13.10.2 Industrial
13.10.3 Electronic Appliances
13.10.4 Building & Construction
13.10.5 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 Vulcanizates (TPV) Market: Competitive Dashboard
14.2 Global Thermoplastic Vulcanizates (TPV) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ExxonMobil Chemical
14.3.2 Teknor Apex
14.3.3 Mitsui Chemicals
14.3.4 DuPont
14.3.5 RTP Company
14.3.6 Mitsubishi Chemical
14.3.7 Zeon
