BusinessIndustry

Thermoplastic Vulcanizates (TPV) Market Research and Development 2019 to 2025

Top players- Advance Elastomer Systems, DSM Thermoplastic Elastomer, Mitsubishi Chemical Corporation, Mitsui Chemicals

Thermoplastic Vulcanizates (TPVs) are mechanically compounded mixtures of a polyolefin (usually polypropylene) and an elastomer (specialty elastomers or EPDM) that WHICH is vulcanized during the process. TPVs are widely used to modify the properties of rigid thermoplastics, usually improving impact strength. Major applications of TPVs are in automotive, industrial, consumers, electrical, and hoses & tubing.

Companies Covered:

Advance Elastomer Systems, DSM Thermoplastic Elastomer, Mitsubishi Chemical Corporation, Mitsui Chemicals Inc, Sumitomo Chemicals Ltd, Teknor Apex, ExxonMobil Chemical Company, DuPont Engineering Polymers, Others

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The global demand for TPV is anticipated to grow between 4-5% since 2005. The market witnessed a decline during the economic recession but bounced back to growth in 2010. As of 2017, North America constituted the largest regional market accounting for around 40% of the market. Asia-Pacific was the second largest market followed by Western Europe.

The greatest growth potential for TPOs and TPVs in automotive uses will be in replacing PVC for many interior applications including instrument panel covers, armrests and steering wheels. Although TPVs are more expensive on a weight basis than EPDM or other thermoset rubbers, lower processing cost means that TPV products are cheaper. TPVs are also lighter, requiring only one-third of the amount that would be required of EPDM blended. TPV has good properties as weather seals in automotive applications.

Automotive industry is the largest market for TPV at a global level. The market is likely to grow on account of continued use in the automotive industry for under the hood applications for passenger car and trucks.

In addition to their ability to withstand minor impacts, Olefinic thermoplastic elastomers are used for automotive applications as a result of the cost, recyclability during fabrication, environmental image, low specific gravity, wide range of stiffness’s available, excellent outdoor weather ability and fade resistance, colourability and attractive impact performance over a wide temperature range. The shifting of automotive production from Western Europe to other low cost regions in Asia has pushed the regional demand, especially in China.

Applications Covered:

Automotive [Interior, Exterior and Under-the-hood], Industrial [Roofing and Others], Consumers, Electrical [Hose & Tubing] and others.

This market study describes the global PVDF market, with focus on major countries and their subsequent demand for different applications. The study covers demand analysis for regions like North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Russia, Turkey, Poland, Czech Republic, China, Japan, India, South Korea, Indonesia, Malaysia, Brazil, Saudi Arabia and South Africa.

Thermoplastic Vulcanizates (TPV) Market data in term of volume and value for each application at regional and country level will be provided.

Key points:

  • Thermoplastic Vulcanizates (TPV) Market analysis for demand at regional and country level
  • Business opportunity assessment
  • Macro-economic factors like GDP, population and world economic integration
  • Strategic issues and recommendations

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TABLE OF CONTENTS:

  1. Introduction
    • Introduction to Thermoplastic Vulcanizates (TPV) Market
  2. Study Coverage & Research Methodology
    • Study Coverage
      • Regions covered
      • Types Covered
      • End-Use Covered
    • Research Methodology
    • Data Sources
  3. Manufacturing Process & Technology
  4. Plants And Projects Analysis (2014-2025)
  5. Demand-Supply Analysis (Historical And Forecast)
    • Global Demand-Supply Analysis (2014-2025)
    • Demand-Supply Analysis Ð By Region/Country (2014-2025)
  6. Supplier Profile
    • Thermoplastic Vulcanizates (TPV) Manufacturer Profiles/ Analysis
  7. Market Overview
    • Market Study Summary
  8. Macro-Economic Outlook
    • World integration
    • Population
  9. Conclusion

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The report provides answers to the following key questions:

  • How big is the Thermoplastic Vulcanizates (TPV) market?
  • How is the market evolving by demand, segment and region?
  • What will the market size be in 2025 and at what rate will it grow?
  • What trends, challenges and barriers are influencing its growth?

This report has been prepared focusing Thermoplastic Vulcanizates (TPV) and covers worldwide view of Thermoplastic Vulcanizates (TPV), along with historical perspective, forecast and strategic recommendations.

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IrfanTamboli (Head of Sales) – Industry Data Analytics | irfan@Industrydataanalytics.Com

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