North America Thermoplastic Elastomers Market 2023-2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $1,500	116 Pages	Triton Market Research	September, 2023	TRTN18369787

Best Price Guarantee
Price	from $1,500
Length	116 Pages
Publisher	Triton Market Research
Published Date	September, 2023
SKU	TRTN18369787

North America Thermoplastic Elastomers Market 2023-2030

Market Outlook

Triton Market Research’s report suggests that the thermoplastic elastomers market in North America is projected to garner a CAGR of 6.27% and 2.51% in revenue and volume, respectively, over the forecasting years 2023-2030. Canada and the United States are examined in the given region.

Canada’s economy is benefiting from favorable business policies and robust R&D infrastructure. This has spurred rapid growth in the country’s manufacturing sector. The renewal of the NAFTA agreement, which facilitates the export of Canadian products worldwide, has significantly driven the Canadian thermoplastic elastomers market. Furthermore, Canada boasts the second-largest construction industry in North America, and it is poised for substantial growth. This growth is primarily fueled by government initiatives and increased immigration, which is anticipated to elevate the demand for TPE for various construction applications.

The United States is a prominent consumer of TPE in automotive-related products, including tires. Over the past decade, the automobile industry has witnessed substantial growth. Other than this, the adoption of advanced technology and growing consumer demand have fueled the electronics industry’s expansion. The country has observed a rise in the establishment of manufacturing plants and development centers focused on high-end product development, which is anticipated to drive the demand for thermoplastic elastomers in the coming years.

Competitive Outlook

The major companies in the thermoplastic elastomers market include Arkema SA, BASF SE, Covestro AG, LG Chem Ltd, Lubrizol Corporation, and Kraton Corporation.

1. North 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. Industry Components; 2.4.1. Raw Materials Manufacturer; 2.4.2. Polymer Compounding; 2.4.3. End-user; 2.5. Regulatory Framework; 2.6. Key Market Strategies; 2.6.1. Collaborations; 2.6.2. Product Launches; 2.6.3. Mergers & Acquisitions; 2.6.4. Business Divestitures & Expansions; 2.7. Market Drivers; 2.7.1. Application Of Thermoplastic Elastomer As A Substitute For Thermoset Elastomer; 2.7.2. Introduction Of 3-d Printing Technology; 2.7.3. Growing Demand In The Automotive Sector; 2.8. Market Challenges; 2.8.1. Reduced Volume Consumption Due To The Lightweight And Miniaturization Trends; 2.8.2. Price Fluctuations In Raw Materials; 2.9. Market Opportunities; 2.9.1. Lightweight Materials Support Product Weight Reduction; 2.9.2. Growing Use Of Thermoplastic Elastomers In Recyclability Improvement Projects; 2.9.3. Thermoplastic Elastomers Support In Co2 Emission Reduction; 2.10. Analyst Perspective
3. North 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. North 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. North America Thermoplastic Elastomers Market – By Country Outlook: 5.1. United States; 5.1.1. United States Thermoplastic Elastomers Market Forecast & Prospects; 5.2. Canada; 5.2.1. Canada 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: North America Thermoplastic Elastomers Market, By Country Outlook, 2023-2030 (In $ Million); Table 2: North 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: North America Thermoplastic Elastomers Market, By Material Type, 2023-2030 (In $ Million); Table 9: North America Thermoplastic Elastomers Market, By Industry Vertical, 2023-2030 (In $ Million); Table 10: North America Thermoplastic Elastomers Market, By Country Outlook, 2023-2030 (In $ Million); Table 11: North America Thermoplastic Elastomers Market, By Country Outlook, 2023-2030 (In Kiloton)
Figure List: Figure 1: Industry Components; Figure 2: North America Thermoplastic Elastomers Market, By Material Type, 2022 & 2030 (In %); Figure 3: North America Thermoplastic Elastomers Market, By Polystyrene, 2023-2030 (In $ Million); Figure 4: North America Thermoplastic Elastomers Market, By Polyamide, 2023-2030 (In $ Million); Figure 5: North America Thermoplastic Elastomers Market, By Polyolefin, 2023-2030 (In $ Million); Figure 6: North America Thermoplastic Elastomers Market, By Polyurethane, 2023-2030 (In $ Million); Figure 7: North America Thermoplastic Elastomers Market, By Elastomeric Alloy, 2023-2030 (In $ Million); Figure 8: North America Thermoplastic Elastomers Market, By Other Material Types, 2023-2030 (In $ Million); Figure 9: North America Thermoplastic Elastomers Market, By Industry Vertical, 2022 & 2030 (In %); Figure 10: North America Thermoplastic Elastomers Market, By Medical, 2023-2030 (In $ Million); Figure 11: North America Thermoplastic Elastomers Market, By Building & Construction, 2023-2030 (In $ Million); Figure 12: North America Thermoplastic Elastomers Market, By Industrial, 2023-2030 (In $ Million); Figure 13: North America Thermoplastic Elastomers Market, By Consumer Goods, 2023-2030 (In $ Million); Figure 14: North America Thermoplastic Elastomers Market, By Electrical & Electronics, 2023-2030 (In $ Million); Figure 15: North America Thermoplastic Elastomers Market, By Automotive, 2023-2030 (In $ Million); Figure 16: North America Thermoplastic Elastomers Market, By Other Industry Verticals, 2023-2030 (In $ Million); Figure 17: North America Thermoplastic Elastomers Market, By Country Outlook, 2022 & 2030 (In %); Figure 18: United States Thermoplastic Elastomers Market 2023-2030 (In $ Million); Figure 19: Canada Thermoplastic Elastomers Market 2023-2030 (In $ Million)