Thermoplastic Elastomer Market, By Product type (Block Co-polymer, Thermoplastic/elastomer Blend, Reactor Made Thermoplastic Polyolefin Elastomer, others), End-Use Industry (Building & Construction, Automobile, Chemical, others), and Application (Automotive Parts, Wires & Cables, footwear, others) - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

  • Published On : Jan 2019 |
  • Pages : 147 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

­­­Global Thermoplastic Elastomers Market – Insights

Thermoplastic elastomers are adaptable materials, which can be extended without distorting the shape permanently. Thermoplastic elastomers are a physical blend of polymers, which is typically plastic and elastic, and they are manufactured by injection, molding, and extrusion. It is utilized in various applications in the automotive sector, such as airbags, anti-slip mats, window trims, cowl panels, spoilers, and seals & air duct components. Rising demand for automobiles and automotive parts along with increasing consumer spending on automobiles are expected to drive growth of the thermoplastic elastomers market.

Superior properties of thermoplastic elastomers include its glass transition temperature and outstanding material stability when exposed to a broad range of temperatures and non-polar materials. Moreover, less energy is consumed in case of manufacturing TPEs and it can be colored using ordinary dyes.

Furthermore, thermoplastics can be crushed and turned into 3D printing filament. TPE requires little to no compounding, without the need for addition of reinforcing agents, stabilizers or cure systems. Hence, TPE materials and end products manufactured using TPE are consistent in terms of their properties.

Among product type, styrenic block co-polymers segment dominated the global thermoplastic elastomers market in 2017, owing to its various applications in sealants, gasket materials, hot-melt adhesives, rubber bands, toy products, shoe soles, and bitumen products for road paving, and roofing applications. Increasing initiatives by major players to upscale its styrenic block co-polymers business is expected to drive growth of this segment in the global TPE market. For instance, in November 2017, Versalis, a petrochemical company in Europe, inaugurated ‘Lotte Versalis Elastomers’ plant in Yeosu, South Korea which is a joint venture with Lotte Chemical. This plant produces 200,000 metric tons/year of elastomers, including 100,000 metric tons/year of ethylene-propylene-diene monomer (EPDM) and 100,000 metric tons/year of solution-styrene butadiene rubber (SBR).

Among application, automotive parts segment accounted for the largest market share, followed by housewares & appliances segment, owing to TPE’s heat resistance, shock absorption, vibration damping, and chemical resistance to various appliances such as refrigerators, ovens, electric kettles, and others. According to the India Brand Equity Foundation (IBEF), the electronics market was valued at US$ 100 billion in 2017 and is expected to reach US$ 104 billion by 2020. Moreover, in 2017, the consumer durables electrical market was valued at US$ 21.70 billion and increased 13% in Q1 of 2018 and 16% in Q2 of 2018. Therefore, increasing adoption of housewares and appliances is expected to propel demand for TPEs during the forecast period.

However, high cost of TPE materials over conventional plastics, rubbers, and thermoset materials will restrict the use of TPE in case of fillers for products where large volume of materials are required at a low cost.

The global thermoplastic elastomers market was valued at US$ 22.57 billion in 2017 and is expected to register a CAGR of 6.1% in terms of revenue, over the forecast period (2018 – 2026), to reach US$ 37.03 billion by 2026.

Figure 1. Global Thermoplastic Elastomers Market Share (%), By Region, 2017

 

Source: Coherent Market Insights, 2017-18

Asia Pacific held dominant position in the thermoplastic elastomers market in 2017 and accounted for market share of 47.1%, owing to increasing demand from various industries such as automotive, packaging, medical, and others, with China, India, and Japan contributing the major revenue share in Asia Pacific thermoplastic elastomer market.

Furthermore, various key players are focused towards expanding the manufacturing of thermoplastic elastomers, which is a key factor driving growth of the thermoplastic elastomers market. For instance, in November 2018, DuPont announced that it is investing over US$ 80 million to build a new manufacturing facility in Zhangjiagang, Jiangsu Province in East China. This new facility will produce compounded high-end engineering plastics and adhesives to serve customers in transportation, electronics, industrial and consumer products markets. This planned site is expected to become operational in 2020 with expansion through 2023, thereby driving the overall TPE market growth in the Asia Pacific region.

Figure 2. Global Thermoplastic Elastomers Market Share (%), By Application, 2017

 

Source: Coherent Market Insights, 2017-18

Players operating in the global thermoplastic elastomers market are adopting various growth strategies such as plant’s capacity expansion to cater to increasing demand for thermoplastic elastomers. For instance, in June 2018, Arkema Group announced plans to launch a new project by mid-2020, to increase the production capacity of ‘Polyamide 12’ by 25% in China. Also, in May 2018, Elastron Kimya SA announced plans to open its TPE manufacturing plant in Gainesville, U.S. The manufacturing of this plant would cost around US$ 10 million. It will promote its TPE brand in the U.S. and will attract new clients from the region.

Major players operating in the global thermoplastic elastomers market include DowDuPont Inc., Arkema Group, Asahi Kasei Corporation, PolyOne Corporation, Elastron Kimya SA, Kraton Corporation, Evonik Industries, and Covestro AG.

Thermoplastic elastomers are flexible materials, which can be stretched without permanently deforming the shape. Thermoplastic elastomers are a physical mix of polymers, which is usually plastic and rubber. Thermoplastic elastomers are manufactured by injection, molding, and extrusion. Various automobile parts such as window handles, gaskets, body seals, wipers, filler panels, rocker panels, and damping pads are manufactured from thermoplastic elastomers. Rising demand for automobiles and increasing consumer spending on automobiles is expected to drive growth of the thermoplastic elastomers market.

Market Dynamics

Among product type, styrenic block co-polymers segment accounted for the largest revenue share in the global thermoplastic elastomers market in 2017.

Among application, automotive parts segment accounted for the largest revenue share in the global thermoplastic elastomers market in 2017. This is due to the properties of TPE such as weather & temperature resistance, shock absorption, flexibility, abrasion resistance, and recyclable.

Among End-use industry, automotive segment accounted for the largest market share in 2017, owing to the production of TPE-based building materials such as pipes, paving and roofing components, and window grills.

North America held a significant market share in 2017 due to high presence of major players such as DowDuPont Inc., PolyOne Corporation, Kraton Corporation, and others, which held prominent market share in the global thermoplastic elastomer market.

Key features of the study:

  • This report provides in-depth analysis of thermoplastic elastomers market and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global thermoplastic elastomers market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include DowDuPont Inc., Arkema Group, Asahi Kasei Corporation, PolyOne Corporation, Elastron Kimya SA, Kraton Corporation, Evonik Industries, and Covestro AG
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
  • The global thermoplastic elastomers market report caters to various stakeholders in this industry including investors, suppliers, thermoplastic elastomers manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the thermoplastic elastomers market

Detailed Segmentation:

  • Global Thermoplastic Elastomers Market, By Product Type:
    • Styrenic Block Co-polymers
    • Co-polyester
    • Polyurethane
    • Polyamide
    • Thermoplastic/Elastomers Blend & Alloy
    • Polyolefin
    • Vulcanizates
    • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
    • Polyolefin Plastomers (POP’s)
    • Polyolefin Elastomers (POE’s)
  • Global Thermoplastic Elastomers Market, By Application:
    • Automotive Parts
    • Wires and Cables
    • Coating
    • Adhesive & Sealant
    • Paving & Roofing
    • Housewares & Appliances
    • Others
  • Global Thermoplastic Elastomers Market, By End-use Industry:
    • Building & Construction
    • Automotive
    • Packaging
    • Footwear
    • Consumer Electronics
    • Others
  • Global Thermoplastic Elastomers Market, By Region:
    • North America
      • U.S.
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Canada
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
    • Latin America
      • Brazil
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Argentina
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Mexico
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Rest of Latin America
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
    • Europe
      • U.K.
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Germany
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Italy
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Spain
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • France
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Russia
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Rest of Europe
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
    • Asia Pacific
      • China
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • India
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Japan
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • ASEAN
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Australia
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • South Korea
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Rest of Asia Pacific
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
    • Middle East and Africa
      • Middle East
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
      • Africa
        • By Product Type:
          • Styrenic Block Co-polymers
          • Co-polyester
          • Polyurethane
          • Polyamide
          • Thermoplastic/Elastomers Blend & Alloy
          • Polyolefin
          • Vulcanizates
          • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
          • Polyolefin Plastomers (POP’s)
          • Polyolefin Elastomers (POE’s)
        • By Application:
          • Automotive Parts
          • Wires and Cables
          • Coating
          • Adhesive & Sealant
          • Paving & Roofing
          • Housewares & Appliances
          • Others
        • By End-use Industry:
          • Building & Construction
          • Automotive
          • Packaging
          • Footwear
          • Consumer Electronics
          • Others
  • Company Profiles
    • DowDuPont Inc.*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Arkema Group
    • Asahi Kasei Corporation
    • PolyOne Corporation
    • Elastron Kimya SA
    • Kraton Corporation
    • Evonik Industries
    • Covestro AG

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By End-use Industry
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
    • Cost Tier Down Analysis
  4. Global Thermoplastic Elastomers Market, By Product Type, 2016 - 2026 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2016  - 2026
      • Segment Trends
    • Styrenic Block Co-polymers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Co-polyester
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Polyurethane
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Polyamide
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Thermoplastic/Elastomers Blend & Alloy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Polyolefin
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Vulcanizates
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Reactor-made Thermoplastic Polyolefin Elastomers (R-TPO)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Polyolefin Plastomers (POP’s)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Polyolefin Elastomers (POE’s)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
  5. Global Thermoplastic Elastomers Market, By Application, 2016 - 2026 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2016  - 2026
      • Segment Trends
    • Automotive Parts
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Wires and Cables
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Coating
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Adhesive & Sealant
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Paving & Roofing
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Housewares & Appliances
      • Introduction
        • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
  6. Global Thermoplastic Elastomers Market, By End-use Industry, 2016 - 2026 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, 2016  - 2026
      • Segment Trends
    • Building & Construction
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Automotive
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Packaging
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Footwear
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Consumer Electronics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016  - 2026, (US$ Bn)
  7. Global Thermoplastic Elastomers Market, By Region, 2016 - 2026 (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, For Regions, 2016  - 2026
    • North America
      • Market Share Analysis, By Country, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, By Country, 2016  - 2026
        • U.S.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Canada
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
    • Latin America
      • Market Share Analysis, By Country, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, By Country, 2016  - 2026
        • Brazil
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Argentina
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Mexico
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Rest of Latin America
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
    • Europe
      • Market Share Analysis, By Country, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, By Country, 2016  - 2026
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • France
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
    • Asia Pacific
      • Market Share Analysis, By Country, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, By Country, 2016  - 2026
        • China
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • India
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Japan
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • ASEAN
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Australia
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • South Korea
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Rest of Asia Pacific
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
    • Middle East and Africa
      • Market Share Analysis, By Country, 2017 and 2026 (%)
      • Y-o-Y Growth Analysis, By Country, 2016  - 2026
        • Middle East
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
        • Africa
          • Country Trends
          • Market Size and Forecast, By Product Type, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By Application, 2016 - 2026  (US$ Bn)
          • Market Size and Forecast, By End-use Industry, 2016 - 2026  (US$ Bn)
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Share Analysis (3x3 Matrix)
    • Company Profiles
      • DowDuPont
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Arkema Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Asahi Kasei Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • PolyOne Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Elastron Kimya SA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Kraton Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Evonik Industries AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
      • Covestro AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Future Plans
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 39 market data tables* and 33 figures* on "Thermoplastic Elastomers Market” - Global forecast to 2026.

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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