Europe Thermoplastic Elastomers Market 2023-2030

Europe Thermoplastic Elastomers Market 2023-2030



Market Outlook

Triton Market Research’s report infers that Europe thermoplastic elastomers market will display a compound annual growth rate of 6.14% in revenue and 2.39% in volume during 2023-2030. Germany, Italy, the United Kingdom, Spain, France, and the Rest of Europe are taken into consideration in the region.

The thermoplastic elastomers market in the United Kingdom is thriving due to the growing disposable income and rising demand for passenger cars and fleets for private and commercial purposes. Additionally, the increasing adoption of electric vehicles and the demand for smart tires are expected to elevate the demand for TPE in the tire industry, thereby opening opportunities for the studied market.

Furthermore, France ranks third in the region for tire manufacturing, hosting prominent automobile manufacturers on the continent. Some of the world’s leading tire companies, such as Michelin, Goodyear, Continental, and Bridgestone, have a strong presence in the country. Passenger vehicles dominate the French automotive industry, followed by commercial vehicles. The growing automobile production is anticipated to drive the thermoplastic elastomers market.

Competitive Outlook

The key companies in the thermoplastic elastomers market include The Dow Chemical Company, Evonik Industries AG, LG Chem Ltd, Lubrizol Corporation, and Kraton Corporation.


1. Europe Thermoplastic Elastomers Market - Summary
2. Industry Outlook
2.1. Parent Market Analysis
2.2. Impact Analysis On The Thermoplastic Elastomers Market
2.2.1. Covid-19 Impact
2.2.2. Impact Of Russia-ukraine War
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Maturity Analysis
2.5. Industry Components
2.5.1. Raw Materials Manufacturer
2.5.2. Polymer Compounding
2.5.3. End-user
2.6. Regulatory Framework
2.7. Key Market Strategies
2.7.1. Collaborations
2.7.2. Product Launches
2.7.3. Mergers & Acquisitions
2.7.4. Business Divestitures & Expansions
2.8. Market Drivers
2.8.1. Application Of Thermoplastic Elastomer As A Substitute For Thermoset Elastomer
2.8.2. Introduction Of 3-d Printing Technology
2.8.3. Growing Demand In The Automotive Sector
2.9. Market Challenges
2.9.1. Reduced Volume Consumption Due To The Lightweight And Miniaturization Trends
2.9.2. Price Fluctuations In Raw Materials
2.10. Market Opportunities
2.10.1. Lightweight Materials Support Product Weight Reduction
2.10.2. Growing Use Of Thermoplastic Elastomers In Recyclability Improvement Projects
2.10.3. Thermoplastic Elastomers Support In Co2 Emission Reduction
2.11. Analyst Perspective
3. Europe Thermoplastic Elastomers Market – By Material Type
3.1. Polystyrene
3.2. Polyamide
3.3. Polyolefin
3.4. Polyurethane
3.5. Elastomeric Alloy
3.6. Other Material Types
4. Europe Thermoplastic Elastomers Market – By Industry Vertical
4.1. Medical
4.2. Building & Construction
4.3. Industrial
4.4. Consumer Goods
4.5. Electrical & Electronics
4.6. Automotive
4.7. Other Industry Verticals
5. Europe Thermoplastic Elastomers Market – By Country Outlook
5.1. Germany
5.1.1. Germany Thermoplastic Elastomers Market Forecast & Prospects
5.2. United Kingdom
5.2.1. United Kingdom Thermoplastic Elastomers Market Forecast & Prospects
5.3. France
5.3.1. France Thermoplastic Elastomers Market Forecast & Prospects
5.4. Italy
5.4.1. Italy Thermoplastic Elastomers Market Forecast & Prospects
5.5. Spain
5.5.1. Spain Thermoplastic Elastomers Market Forecast & Prospects
5.6. Rest Of Europe
5.6.1. Rest Of Europe Thermoplastic Elastomers Market Forecast & Prospects
6. Competitive Landscape
6.1. Arkema Sa
6.1.1. Overview
6.1.2. Product Portfolio
6.1.3. Key Strengths
6.1.4. Key Challenges
6.2. Basf Se
6.2.1. Overview
6.2.2. Product Portfolio
6.2.3. Key Strengths
6.2.4. Key Challenges
6.3. Asahi Kasei Corporation
6.3.1. Overview
6.3.2. Product Portfolio
6.3.3. Key Strengths
6.3.4. Key Challenges
6.4. Covestro Ag
6.4.1. Overview
6.4.2. Product Portfolio
6.4.3. Key Strengths
6.4.4. Key Challenges
6.5. Dynasol Group
6.5.1. Overview
6.5.2. Product Portfolio
6.5.3. Key Strengths
6.5.4. Key Challenges
6.6. The Dow Chemical Company
6.6.1. Overview
6.6.2. Product Portfolio
6.6.3. Key Strengths
6.6.4. Key Challenges
6.7. Evonik Industries Ag
6.7.1. Overview
6.7.2. Product Portfolio
6.7.3. Key Strengths
6.7.4. Key Challenges
6.8. Lg Chem Ltd
6.8.1. Overview
6.8.2. Product Portfolio
6.8.3. Key Strengths
6.8.4. Key Challenges
6.9. Lubrizol Corporation
6.9.1. Overview
6.9.2. Product Portfolio
6.9.3. Key Strengths
6.9.4. Key Challenges
6.10. Kraton Corporation
6.10.1. Overview
6.10.2. Product Portfolio
6.10.3. Key Strengths
6.10.4. Key Challenges
7. Research Methodology & Scope
7.1. Research Scope & Deliverables
7.2. Sources Of Data
7.3. Research Methodology
Table List
Table 1: Europe Thermoplastic Elastomers Market, By Country Outlook, 2023-2030 (In $ Million)
Table 2: Europe Thermoplastic Elastomers Market, By Country Outllook, 2023-2030 (In Kiloton)
Table 3: Regulatory Framework
Table 4: List Of Collaborations
Table 5: List Of Product Launches
Table 6: List Of Mergers & Acquisitions
Table 7: List Of Business Divestitures & Expansions
Table 8: Europe Thermoplastic Elastomers Market, By Material Type, 2023-2030 (In $ Million)
Table 9: Europe Thermoplastic Elastomers Market, By Industry Vertical, 2023-2030 (In $ Million)
Table 10: Europe Thermoplastic Elastomers Market, By Country Outlook, 2023-2030 (In $ Million)
Table 11: Europe Thermoplastic Elastomers Market, By Country Outlook, 2023-2030 (In Kiloton)
Figure List
Figure 1: Industry Components
Figure 2: Europe Thermoplastic Elastomers Market, By Material Type, 2022 & 2030 (In %)
Figure 3: Europe Thermoplastic Elastomers Market, By Polystyrene, 2023-2030 (In $ Million)
Figure 4: Europe Thermoplastic Elastomers Market, By Polyamide, 2023-2030 (In $ Million)
Figure 5: Europe Thermoplastic Elastomers Market, By Polyolefin, 2023-2030 (In $ Million)
Figure 6: Europe Thermoplastic Elastomers Market, By Polyurethane, 2023-2030 (In $ Million)
Figure 7: Europe Thermoplastic Elastomers Market, By Elastomeric Alloy, 2023-2030 (In $ Million)
Figure 8: Europe Thermoplastic Elastomers Market, By Other Material Types, 2023-2030 (In $ Million)
Figure 9: Europe Thermoplastic Elastomers Market, By Industry Vertical, 2022 & 2030 (In %)
Figure 10: Europe Thermoplastic Elastomers Market, By Medical, 2023-2030 (In $ Million)
Figure 11: Europe Thermoplastic Elastomers Market, By Building & Construction, 2023-2030 (In $ Million)
Figure 12: Europe Thermoplastic Elastomers Market, By Industrial, 2023-2030 (In $ Million)
Figure 13: Europe Thermoplastic Elastomers Market, By Consumer Goods, 2023-2030 (In $ Million)
Figure 14: Europe Thermoplastic Elastomers Market, By Electrical & Electronics, 2023-2030 (In $ Million)
Figure 15: Europe Thermoplastic Elastomers Market, By Automotive, 2023-2030 (In $ Million)
Figure 16: Europe Thermoplastic Elastomers Market, By Other Industry Verticals, 2023-2030 (In $ Million)
Figure 17: Europe Thermoplastic Elastomers Market, By Country Outlook, 2022 & 2030 (In %)
Figure 18: Germany Thermoplastic Elastomers Market 2023-2030 (In $ Million)
Figure 19: United Kingdom Thermoplastic Elastomers Market 2023-2030 (In $ Million)
Figure 20: France Thermoplastic Elastomers Market 2023-2030 (In $ Million)
Figure 21: Italy Thermoplastic Elastomers Market 2023-2030 (In $ Million)
Figure 22: Spain Thermoplastic Elastomers Market 2023-2030 (In $ Million)
Figure 23: Rest Of Europe Thermoplastic Elastomers Market 2023-2030 (In $ Million)

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