Thermoplastic Elastomer Market To Receive Overwhelming Hike In Revenues By 2024

Posted by Rohit Mane on January 2nd, 2020

Thermoplastic Elastomer Market: Summary

The global Thermoplastic Elastomer market is estimated to grow from USD 21.7 Billion in 2019 to USD 27.8 Billion in 2024 at a CAGR of 5.1%. The factors responsible for the growth of the Thermoplastic Elastomer market include Increasing demand for lightweight, high performance materials from the automotive industry. Other supportive factors include replacement of thermoplastics and standard elastomers by TPE due to improved properties. The market is expected to register a considerable growth rate during the forecast period.


Thermoplastic Elastomer Market: Report Synopsis

This market research report offers a comprehensive analysis of key market trends in the Global Thermoplastic Elastomer market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by factful feedbacks. The primary types/elements of Global Thermoplastic Elastomer that are covered in the report include TPE-S, TPE-O, TPE-V, TPE-U, TPE-E, TPE-A. For opportunity analysis, the end-users/application that are covered in the report are Automotive & Transportation, Building & Construction, Footwear, Plastic Engineering, Wires & Cables, Medical. The regional analysis is covered under five major regions such as North America, South America, Europe, APAC, and the Middle East and Africa, with individual country-level analysis.


Sample Report PDF Here:


Thermoplastic Elastomer Market: Report Scope

The report on the Thermoplastic Elastomer Market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market synopsis, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Key Companies

  •          Arkema (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  •          BASF SE
  •          Covestro AG
  •          Asahi Kasei Corporation
  •          The Dow Chemical Company
  •          Evonik Industries AG
  •          Huntsman Corporation
  •          Lubrizol Corporation
  •          Kraton Corporation
  •          Kuraray Co. Ltd
  •          Other Key Companies


Thermoplastic Elastomer Market: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Thermoplastic Elastomer Market by Type

  •          TPE-S (Styrenic Block Copolymer)
  •          TPE-O (Styrenic Block Copolymer)
  •          TPE-V (Vulcanized PP/EPDM Compound)
  •          TPE-U (Thermoplastic Urethanes)
  •          TPE-E (Copolyester Compound)
  •          TPE-A (Thermoplastic Polyamide)

Thermoplastic Elastomer Market by End-Use Industry

  •          Automotive & Transportation
  •          Building & Construction
  •          Footwear
  •          Plastic Engineering
  •          Wires & Cables
  •          Medical

Thermoplastic Elastomer Market by Region



  •          China
  •          India
  •          Japan
  •          South Korea
  •          Indonesia
  •          Rest of Asia-Pacific

North America

  •          US
  •          Canada
  •          Mexico


  •          Germany
  •          France
  •          Italy
  •          Russia
  •          Turkey
  •          Rest of Europe

Middle East and Africa

  •          Saudi Arabia
  •          UAE
  •          Rest of Middle East & Africa

South America

  •          Brazil
  •          Argentina
  •          Rest of South America


About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

Contact Us


Phone: +1 (720) 306 9020


For more market research insights, please visit

Like it? Share it!

Rohit Mane

About the Author

Rohit Mane
Joined: December 23rd, 2019
Articles Posted: 24

More by this author