Thermoplastic Vulcanizates (TPV) Market Driver, Trends And Applications Report 2025
“Thermoplastic Vulcanizates (TPV) Market Research Report provide brief analysis of industry by size, production, specification, shares, types, applications, manufacturers, gross margin, competitors, price, forecast and SWOT analysis.� Global Thermoplastic Vulcanizates (TPV) Market is expected to reach USD 1.87 billion by 2020. The increasing demand for high performance and lightweight materials in the automotive sector is likely to have a positive impact on the growth of the product market. The change in preferences from metals to lightweight materials for improving fuel efficiency is expected to boost the market. TPV possess elastomeric characteristics similar to EPDM thermoset rubber, merging the vulcanized rubber properties with processing attributes of thermoplastics. The product has its applications in the automotive, electrical, household appliances, healthcare and construction industries owing to attributes such as long-term aging durability, recyclable, and design flexibility. The government regulations regarding improvement in fuel efficiency have resulted in the increased use of high performance engineering plastics such as TPV, thereby aiding the product demand especially in the Europe and North America regions. The depletion of hydrocarbon reserves together with high dependability on fossil fuels is slated to bolster the automotive fuel efficiency resulting in positive impact on the TPV demand. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/thermoplastic-vulcanizates-tpvmarket TPV applications can be broadly classified as automobiles, electrical appliances, medical & healthcare, consumer goods, coated fabrics, industrial goods, and construction.