Global Bio-based Thermoplastic Vulcanizates (TPV) Market Growth 2023-2029

Global Bio-based Thermoplastic Vulcanizates (TPV) Market Growth 2023-2029

In order to minimize reliance on non-renewable resources, such as petroleum, and to achieve sustainable development of the polymer materials industry, a large number of people prefer bio-based polymer materials.

Bio-based thermoplastic vulcanizates (TPV) are made of poly(lactide) (PLA) and ethylene-co-vinyl acetate rubber (EVA) that have been fabricated using dicumyl peroxide (DCP) as a curing agent; it is the first time that the application of PLA in elastic materials has been demonstrated.

LPI (LP Information)' newest research report, the “Bio-based Thermoplastic Vulcanizates (TPV) Industry Forecast” looks at past sales and reviews total world Bio-based Thermoplastic Vulcanizates (TPV) sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-based Thermoplastic Vulcanizates (TPV) sales for 2023 through 2029. With Bio-based Thermoplastic Vulcanizates (TPV) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Thermoplastic Vulcanizates (TPV) industry.

This Insight Report provides a comprehensive analysis of the global Bio-based Thermoplastic Vulcanizates (TPV) 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 Bio-based Thermoplastic Vulcanizates (TPV) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-based Thermoplastic Vulcanizates (TPV) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Thermoplastic Vulcanizates (TPV) 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 Bio-based Thermoplastic Vulcanizates (TPV).

The global Bio-based Thermoplastic Vulcanizates (TPV) 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.

United States market for Bio-based Thermoplastic Vulcanizates (TPV) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Bio-based Thermoplastic Vulcanizates (TPV) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Bio-based Thermoplastic Vulcanizates (TPV) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Bio-based Thermoplastic Vulcanizates (TPV) players cover Mitsui Chemicals Inc., Celanese Corporation, Mitsubishi Chemical Corporation, Kumho Polychem, Trinseo, Teknor Apex, ExxonMobil, Zeon Chemicals L.P. and Alphagary, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Thermoplastic Vulcanizates (TPV) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Starch-based Polymers
Polylactides (PLAs)
Polyhydroxyalkanoates(PHAs)
Cellulose-based Polymers
Others

Segmentation by application
Automotive
Building & Construction
Consumer Goods
Healthcare
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.
Mitsui Chemicals Inc.
Celanese Corporation
Mitsubishi Chemical Corporation
Kumho Polychem
Trinseo
Teknor Apex
ExxonMobil
Zeon Chemicals L.P.
Alphagary
Ravago

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio-based Thermoplastic Vulcanizates (TPV) market?

What factors are driving Bio-based Thermoplastic Vulcanizates (TPV) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bio-based Thermoplastic Vulcanizates (TPV) market opportunities vary by end market size?

How does Bio-based Thermoplastic Vulcanizates (TPV) 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.