Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Thermoplastic Volcanisates (TPV) Market by Type (Medical Grade, Industrial Grade), By Application (Automotive, Medical, Consumer Goods, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Thermoplastic Volcanisates (TPV) Market by Type (Medical Grade, Industrial Grade), By Application (Automotive, Medical, Consumer Goods, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 135573 3300 Chemical & Material 377 235 Pages 4.6 (44)

Market Overview:

The global thermoplastic volcanisates (TPV) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The medical grade segment is expected to witness the highest growth rate during the forecast period. The automotive segment is estimated to account for the largest share of the global TPV market in 2018. Asia Pacific is estimated to be the fastest growing region in terms of revenue, followed by North America and Europe. Some of the key factors driving growth in this market include increasing demand for lightweight and fuel-efficient vehicles, rising awareness about safety features in automobiles,.

Global Thermoplastic Volcanisates (TPV) Industry Outlook

Product Definition:

Thermoplastic Volcanisates (TPV) are a type of polymer that is produced through the vulcanization of natural rubber and styrene-butadiene rubber. TPV has many important applications, including: automotive parts, medical devices, electrical insulation, and footwear.

Medical Grade:

Medical-grade polymers are synthetic materials that have been designed and approved by the U.S. FDA for medical use, specifically in surgical implants and devices. They possess properties such as biocompatibility, sterilizability & non-toxicity which makes them ideal for medical applications.

Industrial Grade:

Industrial grade is a high performance thermoplastic that offers properties such as toughness, strength, and heat resistance. It is widely used in the production of TPOs (Thermoplastic Olefin) which are further processed to produce automotive parts and other industrial goods.

TPV market has witnessed significant growth over the past few years on account of increasing demand from major end-use industries including construction & building, transportation & logistics, consumer goods packaging among others.

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 airbag containers, seat belts, air intake manifolds, headliners/roof panels and interior trim components. They are also used as a lining material for fuel tanks on account of their excellent heat resistance property.

Medical is estimated to be one of the fastest-growing segments during the forecast period owing to increasing demand forTPV products from countries such as Japan and China where medical equipment & devices manufacturing is high. The growth of this segment can be attributed to factors such as growing geriatric population across these countries coupled with rising incidences related to burns injuries which requireTPV products for treatment purposes only.

Regional Analysis:

North America dominated the global market in 2017. The growth of the region can be attributed to increasing demand for TPV products from key industries including automotive, construction, electrical & electronics and others. In North America, U.S is a major consumer while Canada is also contributing significantly to regional consumption.

The medical industry in Europe has been experiencing healthy growth over the past few years on account of rising geriatric population and subsequently rising healthcare expenditure by governments as well as individuals.

Growth Factors:

  • Increasing demand from end-use industries such as automotive, construction, and electrical & electronics
  • Rising awareness about the benefits of TPV over traditional materials such as rubber and PVC
  • Growing R&D investments by TPV manufacturers to develop new products and applications
  • Expansion of manufacturing capacities by key players to cater to rising demand
  • Emerging economies offering potential growth opportunities for TPV market

Scope Of The Report

Report Attributes

Report Details

Report Title

Thermoplastic Volcanisates (TPV) Market Research Report

By Type

Medical Grade, Industrial Grade

By Application

Automotive, Medical, Consumer Goods, Others

By Companies

BASF Corporatoin, Bayer AG, ExxonMobil Chemical, Arkema Inc, The Dow Chemical Company, Chemtura Corporation, Dexco Polymers LP, DuPont Performance Elastomers, Kraton Polymers, Solvay Engineered Polymers, Zylog Plastalloys, RTP Co.

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Thermoplastic Volcanisates (TPV) Market Report Segments:

The global Thermoplastic Volcanisates (TPV) market is segmented on the basis of:


Medical Grade, Industrial Grade

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.


Automotive, Medical, Consumer Goods, 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:

  1. BASF Corporatoin
  2. Bayer AG
  3. ExxonMobil Chemical
  4. Arkema Inc
  5. The Dow Chemical Company
  6. Chemtura Corporation
  7. Dexco Polymers LP
  8. DuPont Performance Elastomers
  9. Kraton Polymers
  10. Solvay Engineered Polymers
  11. Zylog Plastalloys
  12. RTP Co.

Global Thermoplastic Volcanisates (TPV) Market Overview

Highlights of The Thermoplastic Volcanisates (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. Medical Grade
    2. Industrial Grade
  1. By Application:

    1. Automotive
    2. Medical
    3. Consumer Goods
    4. Others
  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 Volcanisates (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 Volcanisates (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 Volcanisates (TPV) are a type of plastic that can be heated to high temperatures and then reformed into new shapes. TPV is often used in products that need to be strong but also flexible, such as car parts and medical devices.

Some of the key players operating in the thermoplastic volcanisates (tpv) market are BASF Corporatoin, Bayer AG, ExxonMobil Chemical, Arkema Inc, The Dow Chemical Company, Chemtura Corporation, Dexco Polymers LP, DuPont Performance Elastomers, Kraton Polymers, Solvay Engineered Polymers, Zylog Plastalloys, RTP Co..

The thermoplastic volcanisates (tpv) market is expected to grow at a compound annual growth rate of 5.8%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Thermoplastic Volcanisates (TPV) 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 Volcanisates (TPV) Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Thermoplastic Volcanisates (TPV) Market - Supply Chain
   4.5. Global Thermoplastic Volcanisates (TPV) Market Forecast
      4.5.1. Thermoplastic Volcanisates (TPV) Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Thermoplastic Volcanisates (TPV) Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Thermoplastic Volcanisates (TPV) Market Absolute $ Opportunity

5. Global Thermoplastic Volcanisates (TPV) 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 Volcanisates (TPV) Market Size and Volume Forecast by Type
      5.3.1. Medical Grade
      5.3.2. Industrial Grade
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Thermoplastic Volcanisates (TPV) 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 Volcanisates (TPV) Market Size and Volume Forecast by Application
      6.3.1. Automotive
      6.3.2. Medical
      6.3.3. Consumer Goods
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Thermoplastic Volcanisates (TPV) 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 Volcanisates (TPV) 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 Volcanisates (TPV) 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 Volcanisates (TPV) 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 Volcanisates (TPV) Demand Share Forecast, 2019-2029

9. North America Thermoplastic Volcanisates (TPV) 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 Volcanisates (TPV) 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 Volcanisates (TPV) Market Size and Volume Forecast by Application
      9.4.1. Automotive
      9.4.2. Medical
      9.4.3. Consumer Goods
      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 Volcanisates (TPV) Market Size and Volume Forecast by Type
      9.7.1. Medical Grade
      9.7.2. Industrial Grade
   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 Volcanisates (TPV) Demand Share Forecast, 2019-2029

10. Latin America Thermoplastic Volcanisates (TPV) 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 Volcanisates (TPV) 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 Volcanisates (TPV) Market Size and Volume Forecast by Application
      10.4.1. Automotive
      10.4.2. Medical
      10.4.3. Consumer Goods
      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 Volcanisates (TPV) Market Size and Volume Forecast by Type
      10.7.1. Medical Grade
      10.7.2. Industrial Grade
   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 Volcanisates (TPV) Demand Share Forecast, 2019-2029

11. Europe Thermoplastic Volcanisates (TPV) 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 Volcanisates (TPV) 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 Volcanisates (TPV) Market Size and Volume Forecast by Application
      11.4.1. Automotive
      11.4.2. Medical
      11.4.3. Consumer Goods
      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 Volcanisates (TPV) Market Size and Volume Forecast by Type
      11.7.1. Medical Grade
      11.7.2. Industrial Grade
   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 Volcanisates (TPV) Demand Share, 2019-2029

12. Asia Pacific Thermoplastic Volcanisates (TPV) 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 Volcanisates (TPV) 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 Volcanisates (TPV) Market Size and Volume Forecast by Application
      12.4.1. Automotive
      12.4.2. Medical
      12.4.3. Consumer Goods
      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 Volcanisates (TPV) Market Size and Volume Forecast by Type
      12.7.1. Medical Grade
      12.7.2. Industrial Grade
   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 Volcanisates (TPV) Demand Share, 2019-2029

13. Middle East & Africa Thermoplastic Volcanisates (TPV) 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 Volcanisates (TPV) 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 Volcanisates (TPV) Market Size and Volume Forecast by Application
      13.4.1. Automotive
      13.4.2. Medical
      13.4.3. Consumer Goods
      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 Volcanisates (TPV) Market Size and Volume Forecast by Type
      13.7.1. Medical Grade
      13.7.2. Industrial Grade
   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 Volcanisates (TPV) Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Thermoplastic Volcanisates (TPV) Market: Market Share Analysis
   14.2. Thermoplastic Volcanisates (TPV) Distributors and Customers
   14.3. Thermoplastic Volcanisates (TPV) Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BASF Corporatoin Overview Financials Developments Strategic Outlook
      14.4.2. Bayer AG Overview Financials Developments Strategic Outlook
      14.4.3. ExxonMobil Chemical Overview Financials Developments Strategic Outlook
      14.4.4. Arkema Inc Overview Financials Developments Strategic Outlook
      14.4.5. The Dow Chemical Company Overview Financials Developments Strategic Outlook
      14.4.6. Chemtura Corporation Overview Financials Developments Strategic Outlook
      14.4.7. Dexco Polymers LP Overview Financials Developments Strategic Outlook
      14.4.8. DuPont Performance Elastomers Overview Financials Developments Strategic Outlook
      14.4.9. Kraton Polymers Overview Financials Developments Strategic Outlook
      14.4.10. Solvay Engineered Polymers Overview Financials Developments Strategic Outlook
      14.4.11. Zylog Plastalloys Overview Financials Developments Strategic Outlook
      14.4.12. RTP Co. Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

Our Trusted Clients

Contact Us