Thermoplastic Elastomers (TPE) Market growth outlook with industry review and forecast 2019-2023 - PowerPoint PPT Presentation

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Thermoplastic Elastomers (TPE) Market growth outlook with industry review and forecast 2019-2023

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An outlook Thermoplastic Elastomers (TPE) Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years. – PowerPoint PPT presentation

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Title: Thermoplastic Elastomers (TPE) Market growth outlook with industry review and forecast 2019-2023


1
Thermoplastic Elastomers (TPE) Market Growth
Outlook with Industry Review and Forecast
2019-2023
2019 Global Market Insights, Inc. USA. All
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2
Global Market Scenario of Thermoplastic
Elastomers (TPE) Industry
  • APAC Thermoplastic Elastomers Market revenue was
    over USD 4 billion in 2015. Regulatory support
    and innovations in automotive and medical
    applications in the emerging economies will drive
    the regional demand in coming years. China
    thermoplastic polyurethanes market size will
    surpass USD 500 million valuation with over 6
    CAGR. Shifting automotive OEM? s preference for
    manufacturing bases in China and India due to
    large raw material and skilled labor
    availability, has made the region more lucrative.
  • North America thermoplastic elastomers market
    catered for over 25 of the global demand in
    2015. EPA regulations to promote eco-friendly
    products coupled with rising product uses in
    medical equipment, sports leisure equipment,
    automotive and construction industry are driving
    factors for the industry trends. MEA, driven by
    UAE and Saudi Arabia will witness gains over 4.5
    up to 2023. Large crude oil reserves, growing
    demand for electronic goods and increased
    household spending are the factors to fuel the
    regional demand.
  • Superior elastomeric and thermoplastic properties
    for structural applications will drive the
    thermoplastic elastomers market growth. Emergence
    as an alternative for metal, rubber, glass or
    conventional engineered plastics has enhanced the
    industry growth. Strong application scope in
    medical and automotive due to favorable
    regulatory compliance are stimulating factors
    fueling product demand.

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3
Continue-
  • Styrenic block copolymer (SBC) was among the key
    contributors and generated over USD 6 billion
    revenue in 2015. Consumer goods, medical
    equipment and packaging were major applications.
    Superior performance properties along with
    technological advancement in hydrogenated SBC are
    the major driving factors.
  • Thermoplastic elastomers being alternative to
    thermosets have substituted medical stoppers,
    lids and gaskets due to its high insulation and
    molding properties. High adaptability to
    modification, recyclability and waste reduction
    are the notable features supporting electronics
    application scope.

2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4
Request for sample copy of this research report_at_
https//bit.ly/2JLemlw
2018 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
360 Industry Analysis
  • TPV market will register growth above 5 up to
    2023. High heat resistance properties coupled
    with growing demand for sustainable products has
    enhanced TPV consumption. TPU market size
    generated over USD 1.5 billion in 2015. High
    thermal insulation properties have influenced its
    uses in wires cables and tires. Construction
    and automobile industry expansion will enhance
    industry growth in this segment.
  • Rising demand for high fuel efficiency and low
    weight cars are key automotive industry trends
    encouraging thermoplastic elastomers market
    growth. Stringent government regulations against
    carbon emissions greenhouse gases and PVC usage
    are other key encouraging factors.
  •  

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6
  • Competitive Analysis
  • Key players in the Thermoplastic Elastomers
    Market include Kraton Polymers, Dow Chemicals,
    LyondellBasell, BASF, Bayer Material Science
    (Covestro), Nippon Polyurethane Industry, China
    Petroleum Chemical and Arkema S.A.

Make An Inquiry For Purchasing This Report
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7
Latest Research Report On Thermoplastic
Elastomers(TPE) Market _at_ https//bit.ly/34rWxjq
Request for sample of this research report_at_
https//bit.ly/2JLemlw Request for
customization https//bit.ly/2PNMPDR
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Rights Reserved
www.gminsights.com
8
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Thank You!
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