Global Thermoplastic Elastomers Market By Product Type (Styrenic Block Copolymer (SBC), Thermoplastic Polyurethane (TPU), Thermoplastic Polyolefins (TPO), Thermoplastic Vulcanizates (TPV), Copolyester Ether Elastomers (COPE), Polyether Block Amide Elastomers (PEBA), polyether-ester elastomer (TPEE), By Application (Automotive Building & Construction, Footwear, Adhesives, Sealants & Coatings, Wires & Cables, Medical, Advanced Materials), By Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
Some of the major players operating in this market are:-
- BASF SE,
- The Dow Chemical Company,
- Lyon dell Basell Industries,
- Arkema Sa,
- Evonik Industries AG,
- Covestro AG,
- China Petrochemical Corporation,
- Huntsman International Llc.,
- Tosoh Corporation,
- Kraton Corporation,
- Exxon Mobil Corporation,
- TSRC, Polyone,
- LCY Group,
- Celanese Corporation,
- LG Chem,
- Asahi Kasei Corporation,
- Teknor Apex,
- The Lubrizol Corporation
- among others.
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Overview of the report
1) The study provides an in-depth analysis of the Global Thermoplastic Elastomers Market and current & future trends to elucidate imminent investment pockets.
2) Obtain the most up to date information available on all Global Thermoplastic Elastomers Market.
3) Information about key drivers, restraints, opportunities, and their impact analysis on the market size has been provided.
4) Identify growth segments and opportunities in the industry.
5) Assess your competitor’s refining portfolio and its evolution.
Drivers: Global Thermoplastic Elastomers Market
THERMOPLASTIC ELASTOMERS SUBSTITUTING THERMOSETS
Thermoplastic elastomers (TPE) are acting as the substitute for the thermosets because of the many advantage. The TPE have varies unique properties which thermosets do not have like TPE are recyclable and more environmentally friendly, have shorter processing time and lower production costs, simpler processing, greater design flexibility, broader range of physical properties, tighter control of product quality which increase the consistency of the end product. Due to these enormous properties of the TPE they are now widely accepted and are used in various industries such as automotive, footwear, weir and insulation, medical, construction and many others.
INCREASING APPLICATION FROM THE HVAC/AUTOMOTIVE INDUSTRY
The demand of thermoplastic elastomers is increasing in the automotive and HVAC industry, which is driving the demand for TPE. Earlier the thermosets rubber is used in these applications but with the development and need of lightweight rubber material the demand for the TPE is increased in the automotive industry. The TPE exhibits some unique properties which thermosets rubber does not have like lightweight, more hardness than thermosets which is making the TPE more suitable for the use in automotive market. The demand for the TPE in automotive industry is around 45% of total production because it gives the automobile light weight and thus provides the fuel efficiency and more comfortable experience for the consumers.
The global thermoplastic elastomers market is highly concentrated to a few big players and rest to local players who cater to domestic markets only. BASF SE dominates thermoplastic elastomers market, accounting for the highest market share in 2016, followed by The Dow Chemical Company and LyondellBasell Industries. Other players in this market include Arkema Sa, Evonik Industries AG, Covestro AG, China Petrochemical Corporation, Huntsman International Llc., Tosoh Corporation, Kraton Corporation, Exxon Mobil Corporation, TSRC, Polyone, LCY Group, Celanese Corporation, LG Chem, Asahi Kasei Corporation, Teknor Apex, The Lubrizol Corporation, among others holds 44.1% of the global thermoplastic elastomers market in 2016.
BASF SE:
Founded in 1865 and headquartered at Ludwigshafen, Germany. BASF create chemistry for a sustainable future. The company operates in five business segment namely chemicals, performance products, functional materials & solutions, agricultural solutions and oil & gas.
The Dow Chemical Company:
Founded in 1897 and headquartered at Midland, Michigan, U.S. Dow combines the power of science and technology to passionately innovate what is essential to human progress. The company operates in five business segment namely performance plastic, performance materials & chemicals, infrastructure solution, consumer solution and agriculture sciences. The performance plastic segment offer wide variety of thermoplastic elastomers.
LyondellBasell Industries:
Founded in 2007 and headquartered at Rotterdam, Netherlands. LyondellBasell is one of the largest plastics, chemicals and refining companies in the world. Company produces materials and products that are key to advancing solutions to modern challenges like enhancing food safety through lightweight and flexible packaging, protecting the purity of water supplies through stronger and more versatile pipes, and improving the safety, comfort and fuel efficiency of many of the cars and trucks on the road.
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Table Of Contents:
1. INTRODUCTION
2. MARKET SEGMENTATION
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. MARKET OVERVIEW
6. GLOBAL THERMOPLASTIC ELASTOMERS MARKET, BY PRODUCT TYPE
7. GLOBAL SURGICAL SUTURES MARKET, BY APPLICATION
8. GLOBAL THERMOPLASTIC ELASTOMERS MARKET, BY GEOGRAPHY
9. GLOBAL AUTOMOTIVE INTERIOR MATERIALS MARKET, COMPANY LANDSCAPE
10. COMPANY PROFILE
10.1. ARKEMA SA
10.2. BASF SE
10.3. THE DOW CHEMICAL COMPANY
10.4. EVONIK INDUSTRIES AG
10.5. COVESTRO AG
10.6. CHINA PETROCHEMICAL CORPORATION
10.7. HUNTSMAN INTERNATIONAL LLC.
10.8. TOSOH CORPORATION
10.9. LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
10.10. KRATON CORPORATION
10.11. EXXON MOBIL CORPORATION
10.12. TSRC
10.13. POLYONE
10.14. LCY GROUP
10.15. CELANESE CORPORATION
10.16. LG CHEM
10.17. ASAHI KASEI CORPORATION
10.18. TEKNOR APEX
10.19. THE LUBRIZOL CORPORATION
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