Global Automotive Thermoplastic Polyolefin Elastomers Market Growth 2023-2029
The global Automotive Thermoplastic Polyolefin Elastomers market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Automotive thermoplastic polyolefin elastomers offer a variety of high-performance properties in electric vehicles compared to traditional metals, thermoset rubbers, and other materials. Reducing vehicle weight by replacing metal components such as steel components with lightweight high-performance elastomers is a goal of several automakers in order to improve fuel economy, vehicle performance and reduce CO2 emissions. Therefore, with the growth of the global automotive industry, the demand for automotive thermoplastic polyolefin elastomers is expected to increase over the forecast period.
Thermoplastic Polyolefin Elastomers (or POEs, TPOs) mainly refers to thermoplastic elastomers formed by blending rubber and polyolefin.
LPI (LP Information)' newest research report, the “Automotive Thermoplastic Polyolefin Elastomers Industry Forecast” looks at past sales and reviews total world Automotive Thermoplastic Polyolefin Elastomers sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Thermoplastic Polyolefin Elastomers sales for 2023 through 2029. With Automotive Thermoplastic Polyolefin Elastomers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Thermoplastic Polyolefin Elastomers industry.
This Insight Report provides a comprehensive analysis of the global Automotive Thermoplastic Polyolefin Elastomers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Thermoplastic Polyolefin Elastomers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Thermoplastic Polyolefin Elastomers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Thermoplastic Polyolefin Elastomers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Thermoplastic Polyolefin Elastomers.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Thermoplastic Polyolefin Elastomers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ethylene Propylene Rubber
EP-diene Rubber
Nitrile Rubber
Others
Segmentation by application
Automobile Exterior
Automotive Interior
Engine System
Sealing System
Chassis and Steering System
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HEXPOL
Mitsui Chemical
Dow
ExxonMobil Chemical
Celanese
Borealis
Lyondell Basell
Washington Penn
Aurora Plastics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Thermoplastic Polyolefin Elastomers market?
What factors are driving Automotive Thermoplastic Polyolefin Elastomers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Thermoplastic Polyolefin Elastomers market opportunities vary by end market size?
How does Automotive Thermoplastic Polyolefin Elastomers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.