Thermoplastic Rubber(TPR) Market
Thermoplastic Rubber(TPR) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Thermoplastic Rubber(TPR) Market Size and Growth
The Thermoplastic Rubber (TPR) market is experiencing significant growth, driven by increasing demand in automotive, footwear, and consumer goods sectors. As of 2023, the market size is valued at approximately $5 billion, with projections indicating continued expansion due to enhanced material properties and versatility in application across various industries.
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Companies Covered
(Covid 19 Impact Covered)
◍ Kraton Polymers
◍ Versalis
◍ Dynasol
◍ DOW Chemical
◍ Asahi Chemical
◍ BASF
◍ Sibur
◍ PolyOne
◍ LG Chem
◍ Mitsubishi
◍ JSR
◍ Sinopec
◍ Chevron Phillips
◍ TSRC
◍ Kuraray
◍ ExxonMobil
◍ Kumho Petrochemical
◍ Lee Chang Yung
The Thermoplastic Rubber (TPR) market features key players like Kraton Polymers, BASF, and ExxonMobil, focusing on innovation and diverse applications to drive growth. Companies leverage TPR for its versatility in automotive, consumer goods, and industrial sectors. Sales revenues include Kraton: $785M, BASF: $86B, and ExxonMobil: $413B.
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Market Segmentation
By Application
Footwear
Automobile
Building & Construction
By Product
◍ Styrene-based TPE (SBCs)
◍ Thermoplastic Polyolefins
◍ Thermoplastic Polyurethanes ◍ Polyether Ester TPE(TPEE) ◍ Others
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Market Growth
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$ X Billion USD
