Global Thermoplastic Elastomers: Motor Vehicle Market
Global demand for thermoplastic elastomers (TPEs) used in the production of motor vehicles is projected to increase 3.0% per year to 2.2 million metric tons in 2024. Gains will be driven by growing personal incomes, supporting higher motor vehicle ownership, notably in the Asia/Pacific region, and gains in motor vehicle production worldwide.
This study analyzes motor vehicle TPEs demand by elastomer type, application, and region in volume terms.
Material demand is provided for the following types:
Copolymer elastomers (COPEs)
Polyolefin elastomers (POEs)
Styrenic block copolymers (SBCs)
Thermoplastic polyolefins (TPOs)
Thermoplastic polyurethanes (TPUs)
Thermoplastic vulcanizates (TPVs)
Specialty elastomers
Motor vehicle TPE demand is also presented for the following applications:
Exterior and structural
Interior
Engine and mechanical
Demand is also presented by region:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast
Scope of the report
This report examines the scope, size, and growth of the global thermoplastic elastomers for motor vehicles industry in volume, and analyzes key trends by elastomer type, application, and region. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029. Also provided is an analysis of key industry players and their market shares.
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