Market Overview:
The global thermoplastic vulcanizate(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 injection molding grade, blowing injection grade, extrusion grade and other grades. The injection molding grade segment dominates the global TPV market in terms of volume share in 2017 and is expected to maintain its dominance during the forecast period as well. On the basis of application, automobile sector dominated the global TPV market with highest share in 2017 and it is projected to maintain its dominance during forecast period as well.
Product Definition:
Thermoplastic vulcanizates are a family of materials that combine the advantages of both thermoplastics and elastomers. TPVs can be injection molded or extruded into products with good mechanical properties and elasticity. They also have high heat resistance, making them suitable for automotive applications.
Injection Molding Grade:
Injection molding grade is a type of thermoplastic vulcanizate (TPV) that is used to mold into various shapes and sizes. It has several properties such as high flow, low viscosity, and good surface finish. Injection-molded products are produced by the process known as injection molding or extrusion.
Blowing Injection Grade:
Blowing injection grade is a type of polyvinyl chloride resin that is used to manufacture TPV. It has high demand in the global market due to its properties such as excellent mechanical strength, chemical resistance, and processability. Blowing grade PVC can be used for manufacturing pipes, tubes and other products which are widely utilized across various end-use industries such as construction & building and automotive industry.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. TPV¢â‚¬â„¢s are used in various automotive applications including powertrain, body structure, HVAC (heating, ventilation & cooling), electronics and lighting. The growing importance of lightweight materials for vehicle manufacturing is likely to drive demand over the coming years.
Building materials were another key application segment accounting for a significant market share in 2017 owing to increasing product usage in construction applications such as pipes, guttering systems and roofing membranes among others. Increasing population along with rising disposable income has led to an increase in residential building projects across several countries worldwide which is expected to have a positive impact on industry growth over the forecast period.
Regional Analysis:
The global TPV market is segmented into North America, Europe, Asia Pacific and Middle East & Africa. North America dominated the overall market in 2017 owing to the presence of a large number of TPV consuming industries along with high demand for passenger cars and light commercial vehicles in countries such as U.S., Canada and Mexico. The region is expected to maintain its dominance over the forecast period due to increasing investments by major companies for manufacturing thermoplastic products at their production facilities using advanced technologies such as additive manufacturing or 3D printing which will drive product adoption over the next eight years.
Asia Pacific is anticipated to be one of fastest growing regional markets from 2018 to 2030 on account of rapid industrialization coupled with rising disposable income levels among consumers especially in developing countries including China, India, Indonesia etc., which will result into increased consumption volumes over the forecast period.
Growth Factors:
- Increasing demand from automotive industry
- Growing demand for lightweight and durable materials in aerospace industry
- Rising popularity of TPV in medical applications
- Increasing use of TPV in construction and engineering industries
- Technological advancements that improve the properties of TPV
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoplastic Vulcanizate(TPV) Market Research Report
By Type
Injection Molding Grade, Blowing Injection Grade, Extrusion Grade, Other
By Application
Automobile, Building materials, Appliance parts, Sporting goods, Consumer goods
By Companies
ExxonMobil Chemical, HEXPOL TPE, Elastron Kimya, LCY GROUP, Juteman, Mitsui Chemicals, FM plastics, RTP Company, Mexichem Specialty Compounds, SO.F.TER. GROUP, Zeon Chemicals, Zylog, Kin Join, Prime Technic, GAINSHINE, Synotech Polymers
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Thermoplastic Vulcanizate(TPV) Market Report Segments:
The global Thermoplastic Vulcanizate(TPV) market is segmented on the basis of:
Types
Injection Molding Grade, Blowing Injection Grade, Extrusion Grade, Other
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, Building materials, Appliance parts, Sporting goods, Consumer goods
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
- HEXPOL TPE
- Elastron Kimya
- LCY GROUP
- Juteman
- Mitsui Chemicals
- FM plastics
- RTP Company
- Mexichem Specialty Compounds
- SO.F.TER. GROUP
- Zeon Chemicals
- Zylog
- Kin Join
- Prime Technic
- GAINSHINE
- Synotech Polymers
Highlights of The Thermoplastic Vulcanizate(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:
- Injection Molding Grade
- Blowing Injection Grade
- Extrusion Grade
- Other
- By Application:
- Automobile
- Building materials
- Appliance parts
- Sporting goods
- Consumer goods
- 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 Vulcanizate(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.
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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 vulcanizateu00efu00bcu02c6TPV is a type of thermoplastic that has been treated with a vulcanizing agent. TPV is often used in the manufacturing of products that require high temperatures, such as insulation and sealants.
Some of the key players operating in the thermoplastic vulcanizate(tpv) market are ExxonMobil Chemical, HEXPOL TPE, Elastron Kimya, LCY GROUP, Juteman, Mitsui Chemicals, FM plastics, RTP Company, Mexichem Specialty Compounds, SO.F.TER. GROUP, Zeon Chemicals, Zylog, Kin Join, Prime Technic, GAINSHINE, Synotech Polymers.
The thermoplastic vulcanizate¯¼ë†tpv) market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermoplastic Vulcanizate(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 Vulcanizate(TPV) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Thermoplastic Vulcanizate(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 Vulcanizate(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 Vulcanizate(TPV) Market Size & Forecast, 2018-2028 4.5.1 Thermoplastic Vulcanizate(TPV) Market Size and Y-o-Y Growth 4.5.2 Thermoplastic Vulcanizate(TPV) Market Absolute $ Opportunity
Chapter 5 Global Thermoplastic Vulcanizate(TPV) 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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Type
5.2.1 Injection Molding Grade
5.2.2 Blowing Injection Grade
5.2.3 Extrusion Grade
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermoplastic Vulcanizate(TPV) 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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Building materials
6.2.3 Appliance parts
6.2.4 Sporting goods
6.2.5 Consumer goods
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermoplastic Vulcanizate(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 Vulcanizate(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 Thermoplastic Vulcanizate(TPV) Analysis and Forecast
9.1 Introduction
9.2 North America Thermoplastic Vulcanizate(TPV) 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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Type
9.6.1 Injection Molding Grade
9.6.2 Blowing Injection Grade
9.6.3 Extrusion Grade
9.6.4 Other
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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Building materials
9.10.3 Appliance parts
9.10.4 Sporting goods
9.10.5 Consumer goods
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 Thermoplastic Vulcanizate(TPV) Analysis and Forecast
10.1 Introduction
10.2 Europe Thermoplastic Vulcanizate(TPV) 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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Type
10.6.1 Injection Molding Grade
10.6.2 Blowing Injection Grade
10.6.3 Extrusion Grade
10.6.4 Other
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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Building materials
10.10.3 Appliance parts
10.10.4 Sporting goods
10.10.5 Consumer goods
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 Thermoplastic Vulcanizate(TPV) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermoplastic Vulcanizate(TPV) 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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Type
11.6.1 Injection Molding Grade
11.6.2 Blowing Injection Grade
11.6.3 Extrusion Grade
11.6.4 Other
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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Building materials
11.10.3 Appliance parts
11.10.4 Sporting goods
11.10.5 Consumer goods
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 Thermoplastic Vulcanizate(TPV) Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermoplastic Vulcanizate(TPV) 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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Type
12.6.1 Injection Molding Grade
12.6.2 Blowing Injection Grade
12.6.3 Extrusion Grade
12.6.4 Other
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 Thermoplastic Vulcanizate(TPV) Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Building materials
12.10.3 Appliance parts
12.10.4 Sporting goods
12.10.5 Consumer goods
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) Thermoplastic Vulcanizate(TPV) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermoplastic Vulcanizate(TPV) 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) Thermoplastic Vulcanizate(TPV) Market Size Forecast by Type
13.6.1 Injection Molding Grade
13.6.2 Blowing Injection Grade
13.6.3 Extrusion Grade
13.6.4 Other
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) Thermoplastic Vulcanizate(TPV) Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Building materials
13.10.3 Appliance parts
13.10.4 Sporting goods
13.10.5 Consumer goods
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 Vulcanizate(TPV) Market: Competitive Dashboard
14.2 Global Thermoplastic Vulcanizate(TPV) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ExxonMobil Chemical
14.3.2 HEXPOL TPE
14.3.3 Elastron Kimya
14.3.4 LCY GROUP
14.3.5 Juteman
14.3.6 Mitsui Chemicals
14.3.7 FM plastics
14.3.8 RTP Company
14.3.9 Mexichem Specialty Compounds
14.3.10 SO.F.TER. GROUP
14.3.11 Zeon Chemicals
14.3.12 Zylog
14.3.13 Kin Join
14.3.14 Prime Technic
14.3.15 GAINSHINE
14.3.16 Synotech Polymers