Thermoplastic Elastomers (TPE)
Material Market
Thermoplastic Elastomers (TPE) Material Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Thermoplastic Elastomers (TPE) Material Market Size and Growth
The Thermoplastic Elastomers (TPE) material market is experiencing robust growth, driven by increasing demand across automotive, consumer goods, and medical sectors. The market size is projected to reach approximately USD 27 billion by 2028, reflecting a CAGR of around 6%. Key trends include innovation in applications and sustainable materials.
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Companies Covered
(Covid 19 Impact Covered)
◍ Kraton Polymers
◍ Dynasol
◍ LG Chem
◍ INEOS Styrolution
◍ Avient Corporation
◍ Asahi Chemical
◍ Versalis
◍ Mitsubishi Chemical
◍ Sibur
◍ Kumho Petrochemical
◍ ExxonMobil
◍ JSR
◍ Kuraray
◍ Sinopec
◍ LCY Technology Corp
◍ TSRC
◍ CNPC
◍ ChiMei
The Thermoplastic Elastomers (TPE) market features key players like Kraton Polymers, Dynasol, and LG Chem, utilizing TPE for versatile applications across automotive, consumer goods, and medical sectors. These companies foster growth through innovation and expanding supplier networks. Notable sales revenues include Kraton ($1.24 billion) and LG Chem ($19.05 billion). Request Sample Report
Market Segmentation
By Application
Footwear
Automobile
Building & Construction
Other
By Product
◍ Styrenic Block Copolymers (TPS or TPE-S)
Thermoplastic Vulcanizates (TPV)
Others
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Market Growth
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$ X Billion USD
