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According to our (Global Info Research) latest study, the global Thermoplastic Vulcanizates (TPV) market size was valued at USD 1389.4 million in 2023 and is forecast to a readjusted size of USD 1491.1 million by 2030 with a CAGR of 1.0% during review period.
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.
Global Thermoplastic Vulcanizates (TPV) key players include Celanese, Teknor Apex, Mitsui Chemicals and Dawn Polymer. Top four companies hold a share above 80%. In terms of product, EPDM/PP Blends TPV is the largest segment, with a share nearly 90%. And in terms of application, the largest channel is Automotive Components.
In China market, the key players of Thermoplastic Vulcanizates (TPV) include Dawn Polymer and Celanese, etc. The top two players hold a share about 35%. Dawn Polymer is the largest manufacturers of Thermoplastic Vulcanizates (TPV) in China, has a share about 30%.
The Global Info Research report includes an overview of the development of the Thermoplastic Vulcanizates (TPV) industry chain, the market status of Automotive Components (EPDM/PP Blends, NBR/PP Blends), Building & Construction (EPDM/PP Blends, NBR/PP Blends), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Thermoplastic Vulcanizates (TPV).
Regionally, the report analyzes the Thermoplastic Vulcanizates (TPV) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Thermoplastic Vulcanizates (TPV) market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Thermoplastic Vulcanizates (TPV) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Thermoplastic Vulcanizates (TPV) industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., EPDM/PP Blends, NBR/PP Blends).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Thermoplastic Vulcanizates (TPV) market.
Regional Analysis: The report involves examining the Thermoplastic Vulcanizates (TPV) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Thermoplastic Vulcanizates (TPV) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Thermoplastic Vulcanizates (TPV):
Company Analysis: Report covers individual Thermoplastic Vulcanizates (TPV) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Thermoplastic Vulcanizates (TPV) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive Components, Building & Construction).
Technology Analysis: Report covers specific technologies relevant to Thermoplastic Vulcanizates (TPV). It assesses the current state, advancements, and potential future developments in Thermoplastic Vulcanizates (TPV) areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Thermoplastic Vulcanizates (TPV) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Thermoplastic Vulcanizates (TPV) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- EPDM/PP Blends
- NBR/PP Blends
- Nylon Based Blends
- Others
Market segment by Application
- Automotive Components
- Building & Construction
- Household Appliances
- Others
Major players covered
- Celanese
- Teknor Apex
- Mitsui Chemicals
- Dawn Polymer
- Elastron
- Kumho Petrochemical Co., Ltd.
- Top Polymer
- DuPont de Nemours?Inc.
- RTP Company
- Mitsubishi Chemical
- Nanjing Jinling Opta Polymer Co., Ltd.(JLOPTA)
- Zylog ElastoComp
- Zhejiang Wanma-Tech New Mateial Co.,Ltd.
- NANTEX INDUSTRY CO., LTD.
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermoplastic Vulcanizates (TPV) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermoplastic Vulcanizates (TPV), with price, sales, revenue and global market share of Thermoplastic Vulcanizates (TPV) from 2019 to 2024.
Chapter 3, the Thermoplastic Vulcanizates (TPV) competitive situation, sales quantity, 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 quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Thermoplastic Vulcanizates (TPV) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thermoplastic Vulcanizates (TPV).
Chapter 14 and 15, to describe Thermoplastic Vulcanizates (TPV) sales channel, distributors, customers, research findings and conclusion.