Global thermoplastic elastomer resin market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030 from USD 2.6 billion in 2018. The growth of this market is driven by the increasing demand for thermoplastic elastomer resins in various applications such as footwear, automobile, and building & construction. Styrenbased TPE (SBCs) segment accounted for the largest share of the global thermoplastic elastomer resin market in 2018 and is expected to continue its dominance throughout the forecast period due to its high demand in footwear application owing to its excellent properties such as abrasion resistance and flexibility which are required for footwear application. TPO/TPV segment accounted for a significant share of this market due to their excellent properties such as high tensile strength, low coefficient of friction, good chemical resistance and low moisture absorption which make them suitable for automotive applications where they are used as an alternative material instead of rubber or natural rubber products owing to their cost-effectiveness and durability against harsh environmental conditions like heat or cold weather conditions.
Some Of The Growth Factors Of This Market:
- Thermoplastic Elastomer Resin is a type of rubber that is used in the manufacturing of tires, hoses, and other products.
- The demand for thermoplastic elastomer resin has been increasing due to the growing need for tires and hoses in the automotive industry.
- Increasing demand for thermoplastic elastomer resin will be driven by growth in the automotive industry.
Industry Growth Insights published a new data on “Thermoplastic Elastomer Resin Market”. The research report is titled “Thermoplastic Elastomer Resin Market research by Types (Styrene-based TPE (SBCs), TPO/TPV, TPU, Polyether ester TPE(TPEE), Others), By Applications (Footwear, Automobile, Building & Construction, Others), By Players/Companies Kraton Polymers, DOW Chemical, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, Chevron Phillips, Kumho Petrochemical, DuPont, ExxonMobil, JSR, Kuraray, Arkema SA, Sinopec, Lee Chang Yung, TSRC, CNPC, ChiMei”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermoplastic Elastomer Resin Market Research Report
By Type
Styrene-based TPE (SBCs), TPO/TPV, TPU, Polyether ester TPE(TPEE), Others
By Application
Footwear, Automobile, Building & Construction, Others
By Companies
Kraton Polymers, DOW Chemical, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, Chevron Phillips, Kumho Petrochemical, DuPont, ExxonMobil, JSR, Kuraray, Arkema SA, Sinopec, Lee Chang Yung, TSRC, CNPC, ChiMei
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Thermoplastic Elastomer Resin Market Report Segments:
The global Thermoplastic Elastomer Resin market is segmented on the basis of:
Types
Styrene-based TPE (SBCs), TPO/TPV, TPU, Polyether ester TPE(TPEE), 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
Footwear, Automobile, 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:
- Kraton Polymers
- DOW Chemical
- BASF SE
- Dynasol
- LG Chem
- PolyOne
- Asahi Chemical
- Versalis
- Mitsubishi
- Sibur
- Chevron Phillips
- Kumho Petrochemical
- DuPont
- ExxonMobil
- JSR
- Kuraray
- Arkema SA
- Sinopec
- Lee Chang Yung
- TSRC
- CNPC
- ChiMei
Highlights of The Thermoplastic Elastomer Resin 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:
- Styrene-based TPE (SBCs)
- TPO/TPV
- TPU
- Polyether ester TPE(TPEE)
- Others
- By Application:
- Footwear
- Automobile
- 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 Elastomer Resin 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 elastomer resin is a type of thermoplastic that is made from an oil and a polymer. The oil provides the flexibility and resilience, while the polymer gives it the strength and durability.
Some of the major companies in the thermoplastic elastomer resin market are Kraton Polymers, DOW Chemical, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, Chevron Phillips, Kumho Petrochemical, DuPont, ExxonMobil, JSR, Kuraray, Arkema SA, Sinopec, Lee Chang Yung, TSRC, CNPC, ChiMei.
The thermoplastic elastomer resin market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermoplastic Elastomer Resin Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermoplastic Elastomer Resin Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermoplastic Elastomer Resin Market - Supply Chain
4.5. Global Thermoplastic Elastomer Resin Market Forecast
4.5.1. Thermoplastic Elastomer Resin Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermoplastic Elastomer Resin Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermoplastic Elastomer Resin Market Absolute $ Opportunity
5. Global Thermoplastic Elastomer Resin Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermoplastic Elastomer Resin Market Size and Volume Forecast by Type
5.3.1. Styrene-based TPE (SBCs)
5.3.2. TPO/TPV
5.3.3. TPU
5.3.4. Polyether ester TPE(TPEE)
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermoplastic Elastomer Resin Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermoplastic Elastomer Resin Market Size and Volume Forecast by Application
6.3.1. Footwear
6.3.2. Automobile
6.3.3. Building & Construction
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermoplastic Elastomer Resin Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermoplastic Elastomer Resin Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermoplastic Elastomer Resin Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermoplastic Elastomer Resin Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermoplastic Elastomer Resin Demand Share Forecast, 2019-2026
9. North America Thermoplastic Elastomer Resin Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermoplastic Elastomer Resin Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermoplastic Elastomer Resin Market Size and Volume Forecast by Application
9.4.1. Footwear
9.4.2. Automobile
9.4.3. Building & Construction
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermoplastic Elastomer Resin Market Size and Volume Forecast by Type
9.7.1. Styrene-based TPE (SBCs)
9.7.2. TPO/TPV
9.7.3. TPU
9.7.4. Polyether ester TPE(TPEE)
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermoplastic Elastomer Resin Demand Share Forecast, 2019-2026
10. Latin America Thermoplastic Elastomer Resin Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermoplastic Elastomer Resin Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermoplastic Elastomer Resin Market Size and Volume Forecast by Application
10.4.1. Footwear
10.4.2. Automobile
10.4.3. Building & Construction
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermoplastic Elastomer Resin Market Size and Volume Forecast by Type
10.7.1. Styrene-based TPE (SBCs)
10.7.2. TPO/TPV
10.7.3. TPU
10.7.4. Polyether ester TPE(TPEE)
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermoplastic Elastomer Resin Demand Share Forecast, 2019-2026
11. Europe Thermoplastic Elastomer Resin Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermoplastic Elastomer Resin Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermoplastic Elastomer Resin Market Size and Volume Forecast by Application
11.4.1. Footwear
11.4.2. Automobile
11.4.3. Building & Construction
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermoplastic Elastomer Resin Market Size and Volume Forecast by Type
11.7.1. Styrene-based TPE (SBCs)
11.72. TPO/TPV
11.7.3. TPU
11.7.4. Polyether ester TPE(TPEE)
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermoplastic Elastomer Resin Demand Share, 2019-2026
12. Asia Pacific Thermoplastic Elastomer Resin Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermoplastic Elastomer Resin Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermoplastic Elastomer Resin Market Size and Volume Forecast by Application
12.4.1. Footwear
12.4.2. Automobile
12.4.3. Building & Construction
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermoplastic Elastomer Resin Market Size and Volume Forecast by Type
12.7.1. Styrene-based TPE (SBCs)
12.7.2. TPO/TPV
12.7.3. TPU
12.7.4. Polyether ester TPE(TPEE)
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermoplastic Elastomer Resin Demand Share, 2019-2026
13. Middle East & Africa Thermoplastic Elastomer Resin Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermoplastic Elastomer Resin Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermoplastic Elastomer Resin Market Size and Volume Forecast by Application
13.4.1. Footwear
13.4.2. Automobile
13.4.3. Building & Construction
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermoplastic Elastomer Resin Market Size and Volume Forecast by Type
13.7.1. Styrene-based TPE (SBCs)
13.7.2. TPO/TPV
13.7.3. TPU
13.7.4. Polyether ester TPE(TPEE)
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermoplastic Elastomer Resin Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermoplastic Elastomer Resin Market: Market Share Analysis
14.2. Thermoplastic Elastomer Resin Distributors and Customers
14.3. Thermoplastic Elastomer Resin Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kraton Polymers
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DOW Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF SE
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dynasol
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LG Chem
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. PolyOne
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Asahi Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Versalis
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitsubishi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sibur
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Chevron Phillips
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Kumho Petrochemical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DuPont
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ExxonMobil
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. JSR
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Kuraray
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Arkema SA
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Sinopec
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Lee Chang Yung
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. TSRC
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook