Global Thermoplastic Elastomers: Industrial Markets
Global demand for thermoplastic elastomers (TPEs) used in the production of industrial components is projected to increase 3.5% per year to 823,000 metric tons in 2024. Gains will be driven by replacement of EPDM and thermoset rubbers by TPEs and growth in manufacturing output in the Asia/Pacific region, where TPEs have not yet already fully penetrated the market.
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
Industrial products TPE demand is also presented for the following applications:
Gaskets and seals
Hoses and belts
Other industrial products
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 industrial products 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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