Latin America Thermoplastic Elastomers Market 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	101 Pages	Triton Market Research	September, 2023	TRTN18369768

Best Price Guarantee
Price	from $1,500
Length	101 Pages
Publisher	Triton Market Research
Published Date	September, 2023
SKU	TRTN18369768

Latin America Thermoplastic Elastomers Market 2023-2030

Market Outlook

Triton Market Research’s report denotes that the thermoplastic elastomers market in Latin America is anticipated to propel with a compound annual growth rate of 6.30% in value and 2.55% in volume during the forecast period 2023-2030. Brazil, Mexico, and Rest of Latin America are studied in the region’s market.

In recent years, Brazil has faced economic volatility due to political instability, high inflation, depressed export prices, and low confidence levels, resulting in a contraction of its economy. Nevertheless, the GDP showed signs of recovery, and this upward trend is expected to continue. Notably, the country’s automotive industry has experienced significant growth, likely to drive demand for thermoplastic elastomers for automotive purposes.

Following a consistent decline in industrial activity throughout 2022, Argentina is poised for growth in the coming years, owing to investments in the energy, utilities, and rail sectors. Additionally, the nation is actively formulating policies to attract future investments from other countries. The automotive industry provides production and export opportunities for major car manufacturers such as Ford, Fiat, GM, Toyota, Renault, Mercedes-Benz, and Honda. Notably, Brazil and Argentina have recently renewed their free trade agreement with the export and import of automotive components. This significantly creates opportunities for the thermoplastic elastomers market.

Competitive Outlook

The notable companies in the thermoplastic elastomers market consist of Arkema SA, Asahi Kasei Corporation, Evonik Industries AG, LG Chem Ltd, and BASF SE.

1. Latin America 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. Latin America 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. Latin America 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. Latin America Thermoplastic Elastomers Market – By Country Outlook: 5.1. Brazil; 5.1.1. Brazil Thermoplastic Elastomers Market Forecast & Prospects; 5.2. Mexico; 5.2.1. Mexico Thermoplastic Elastomers Market Forecast & Prospects; 5.3. Rest Of Latin America; 5.3.1. Rest Of Latin America 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: Latin America Thermoplastic Elastomers Market, By Country Outlook, 2023-2030 (In $ Million); Table 2: Latin America Thermoplastic Elastomers Market, By Country Outlook, 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: Latin America Thermoplastic Elastomers Market, By Material Type, 2023-2030 (In $ Million); Table 9: Latin America Thermoplastic Elastomers Market, By Industry Vertical, 2023-2030 (In $ Million); Table 10: Latin America Thermoplastic Elastomers Market, By Country Outlook, 2023-2030 (In $ Million); Table 11: Latin America Thermoplastic Elastomers Market, By Country Outlook, 2023-2030 (In Kiloton)
Figure List: Figure 1: Industry Components; Figure 2: Latin America Thermoplastic Elastomers Market, By Material Type, 2022 & 2030 (In %); Figure 3: Latin America Thermoplastic Elastomers Market, By Polystyrene, 2023-2030 (In $ Million); Figure 4: Latin America Thermoplastic Elastomers Market, By Polyamide, 2023-2030 (In $ Million); Figure 5: Latin America Thermoplastic Elastomers Market, By Polyolefin, 2023-2030 (In $ Million); Figure 6: Latin America Thermoplastic Elastomers Market, By Polyurethane, 2023-2030 (In $ Million); Figure 7: Latin America Thermoplastic Elastomers Market, By Elastomeric Alloy, 2023-2030 (In $ Million); Figure 8: Latin America Thermoplastic Elastomers Market, By Other Material Types, 2023-2030 (In $ Million); Figure 9: Latin America Thermoplastic Elastomers Market, By Industry Vertical, 2022 & 2030 (In %); Figure 10: Latin America Thermoplastic Elastomers Market, By Medical, 2023-2030 (In $ Million); Figure 11: Latin America Thermoplastic Elastomers Market, By Building & Construction, 2023-2030 (In $ Million); Figure 12: Latin America Thermoplastic Elastomers Market, By Industrial, 2023-2030 (In $ Million); Figure 13: Latin America Thermoplastic Elastomers Market, By Consumer Goods, 2023-2030 (In $ Million); Figure 14: Latin America Thermoplastic Elastomers Market, By Electrical & Electronics, 2023-2030 (In $ Million); Figure 15: Latin America Thermoplastic Elastomers Market, By Automotive, 2023-2030 (In $ Million); Figure 16: Latin America Thermoplastic Elastomers Market, By Other Industry Verticals, 2023-2030 (In $ Million); Figure 17: Latin America Thermoplastic Elastomers Market, By Country Outlook, 2022 & 2030 (In %); Figure 18: Brazil Thermoplastic Elastomers Market 2023-2030 (In $ Million); Figure 19: Mexico Thermoplastic Elastomers Market 2023-2030 (In $ Million); Figure 20: Rest Of Latin America Thermoplastic Elastomers Market 2023-2030 (In $ Million)