Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Thermoplastic Vulcanizate(TPV) Market by Type (Injection Molding Grade, Blowing Injection Grade, Extrusion Grade, Other), By Application (Automobile, Building materials, Appliance parts, Sporting goods, Consumer goods) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Thermoplastic Vulcanizate(TPV) Market by Type (Injection Molding Grade, Blowing Injection Grade, Extrusion Grade, Other), By Application (Automobile, Building materials, Appliance parts, Sporting goods, Consumer goods) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 276057 4200 Chemical & Material 377 236 Pages 4.6 (31)
                                          

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.


Global Thermoplastic Vulcanizate(TPV) Industry Outlook


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:

  1. ExxonMobil Chemical
  2. HEXPOL TPE
  3. Elastron Kimya
  4. LCY GROUP
  5. Juteman
  6. Mitsui Chemicals
  7. FM plastics
  8. RTP Company
  9. Mexichem Specialty Compounds
  10. SO.F.TER. GROUP
  11. Zeon Chemicals
  12. Zylog
  13. Kin Join
  14. Prime Technic
  15. GAINSHINE
  16. Synotech Polymers

Global Thermoplastic Vulcanizate(TPV) Market Overview


Highlights of The Thermoplastic Vulcanizate(TPV) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Injection Molding Grade
    2. Blowing Injection Grade
    3. Extrusion Grade
    4. Other
  1. By Application:

    1. Automobile
    2. Building materials
    3. Appliance parts
    4. Sporting goods
    5. Consumer goods
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

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

Global Thermoplastic Vulcanizate(TPV) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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