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Thermoplastic vulcanizates (TPV) are part of the thermoplastic elastomer (TPE) family of polymers, but are closest in elastomeric properties to EPDM thermoset rubber, combining the characteristics of vulcanized rubber with the processing properties of thermoplastics. TPV is a dynamically vulcanized alloy consisting mostly of fully cured EPDM rubber particles encapsulated in a polypropylene (PP) matrix.
Scope of the Report:
ExxonMobil Chemical, Teknor Apex and Mitsui Chemicals are major players in the U.S. market. ExxonMobil Chemical is the market leader in the United States which hold about 74% market share.
In the past five years, the U.S. auto industry has shown a rapid growth rate. The automotive industry has greatly boosted the development of TPV industry. The market share of U.S. domestic manufacturers is declining. However, the share of Japanese and South Korean manufacturers is on the rise. In addition, manufacturers are shifting production bases. Much of this is due to regional competition (South Korea and China in the case of Japan and Eastern Europe in the case of Germany), by which manufacturers relocate to the lowest-cost location within a regional market. On this count, it is significant that Mexicowhich has had access to the US market for more than 20 years via NAFTAhas seen its share of global production increase by just one percentage point over that period. This situation will change in the future. Companies such as Ford and Toyota will commit to building a new car plant in the US that will drive the development of the TPV.
The U.S. auto industry is mainly focused on Midwest and south. In 2016, Midwest holds 61% of the consumption share. At the same time, the automotive industry, industrial, home appliance industry is the main consumption applications of TPV. The automotive industry, industrial is the main driver of the TPV industry. In 2016, the automotive industry holds 62% of TPV consumption.
The worldwide market for Thermoplastic Vulcanizates (TPV) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Thermoplastic Vulcanizates (TPV) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- ExxonMobil Chemical
- Teknor Apex
- Mitsui Chemicals
- Dow Corning
- RTP Company
- Mitsubishi Chemical
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- EPDM/PP Blends
- NR/PP Blends
Market Segment by Applications, can be divided into
- Automobile Industry
- Electronic Appliances
- Building & Construction
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermoplastic Vulcanizates (TPV) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Thermoplastic Vulcanizates (TPV), with price, sales, revenue and global market share of Thermoplastic Vulcanizates (TPV) in 2017 and 2018.
Chapter 3, the Thermoplastic Vulcanizates (TPV) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermoplastic Vulcanizates (TPV) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Thermoplastic Vulcanizates (TPV) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Thermoplastic Vulcanizates (TPV) sales channel, distributors, customers, research findings and conclusion, appendix and data source.