The thermoplastic elastomers market size was valued at USD 25.44 billion in 2024 and is expected to reach USD 41.97 billion by 2032, growing at a CAGR of 6.46% over the forecast period of 2025-2032.
The thermoplastic elastomers market analysis, one of the main markets driving demand for lightweight and fuel-efficient components, is the transportation sector, particularly the automotive industry. Automotive manufacturers are constantly on the lookout for stable, weight-saving materials to help them meet stringent fuel economy regulations and virtually eliminate carbon emissions. Thermoplastic elastomers (TPEs) answer to this demand very well, replacing denser conventional materials like metal and thermoset rubber in many car parts, from bumpers and seals to gaskets, interior trims, and under-the-hood parts. These things also make them very peculiar for the automotive design concerning EV and hybrid vehicles, where keeping weight to a minimum is a key factor as well, given their flexibility, recyclability, and ease of processing. This increasing dependence on TPEs for automotive applications is driving the thermoplastic elastomers market growth.
As per the U.S. Department of Energy, a reduction of 10% in the vehicle weight provides a fuel economy improvement of 6–8%. Additionally, DOE analysis also suggests a 10 percent reduction in weight using lightweight materials on one-quarter of the U.S. vehicle fleet could lead to more than 5 billion gallons of fuel savings by 2030.
Drivers
Increasing Use of TPEs in Medical Devices and Healthcare Applications Drives the Market Growth
Thermoplastic elastomers are being increasingly used in the healthcare sector as they possess good flexibility, great chemical resistance, and sterilizable properties. TPEs are also latex-free and phthalate-free compared to traditional rubber, so they hold less potential to trigger allergic reactions, allowing for their use in more sensitive products. They have many applications in terms of medical tubing, catheters, syringe tips, masks, IV components, and seals. The 3D printing industry is evolving with the increasing use of single-use, as well as disposable and wearable medical devices (primarily in diagnostics and chronic disease management), which is driving demand for safe, compliant, and high-performance materials. Additionally, ageing populations and global healthcare infrastructure development are expanding the scope of TPEs in the medical product manufacturing.
In March 2024, Teknor Apex expanded its U.S. Medalist medical-grade TPE line to meet the increasing need for soft-touch, latex-free alternatives in medical tubing and connected healthcare devices. This expansion provides compliance with FDA and ISO 10993 requirements.
Restrain
Fluctuations in Raw Material Prices May Hamper the Market Growth
One of the most considerable challenges in the TPE market is the fluctuating absolute costs of petrochemical-based feedstocks like styrene, olefins, and urethane precursors. TPE manufacturing has a high dependency on oil and gas markets; therefore, crude oil supply disruption caused by geopolitical instability, trade restrictions, or energy policy changes can have an instantaneous impact on raw material costs. Such fluctuations not only pressure profit margins for manufacturers but also downstream automotive, electronics, and consumer goods pricing. Additionally, fossil-fuel-derived feedstocks are facing growing suspicion on sustainability grounds, rendering the supply chain more vulnerable to environmental regulations and the market.
Opportunities
Rising Demand for Sustainable and Bio-Based TPEs Creates an Opportunity in the Market
Increased focus on sustainability and environmentally friendly product development is opening up growth avenues for bio-based and recyclable thermoplastic elastomers. With origins in renewable resources such as plant oils or starches, these materials also typically have a lower carbon footprint. Bio-based TPEs are becoming popular for automotive interiors, consumer packaging, footwear, and medical products as industries move towards circular economy models. Moreover, brands are facing pressure to comply with environmental regulations, RoHS, REACH, and low VOC, which promote green alternatives. There is ongoing R&D in this space, focused on better mechanical performance, lower cost, and being compatible with current molding technologies, which drive the thermoplastic elastomers market trends.
Arkema, in 2023, widened its output of biobased thermoplastic elastomers (TPEs) with Pebax Rnew made with castor oil derivatives at its French plant. These environmentally friendly elastomers are now also found in sports gear, medical tubing, and automotive interiors with lifecycle emission reductions of more than 30% versus petroleum-based TPEs.
By Type
Styrenic block copolymer held the largest thermoplastic elastomers market share, around 32%, in 2024. This is because of its versatility, simplicity of processing, and cost-effectiveness over a wide range of applications. SBCs offer unrivaled elasticity, flexibility, and clarity, which makes them suitable for packaging films, adhesives, sealants, footwear, and personal care applications. They enhance sustainable production by mimicking rubber-like properties, but thermoplastic ally processable, using less energy than shaping rubber or solidifying it to manufacture. On top of that, SBCs are generally utilized in medical and consumer goods due to their soft nature, biocompatibility, and low toxicity. The recyclability and versatility of the material in a variety of compounding methods make them unrivaled in the market for high-volume consumer applications requiring efficient, cost-balanced performance.
Thermoplastic Polyurethane held a significant thermoplastic elastomers market share. It is owing to its excellent combination of mechanical strength, abrasion resistance and elasticity. The TPU is medium-transparent, durable, and resistant to oil, chemicals, and both high and low-temperature extremes in a very broad and extensive range of high-performance applications including automotive, electronics, industrial tools, footwear, and medical devices. Processed via injection molding, extrusion, or 3D printing, the polymer gives manufacturers versatility in design and production. TPU also combines well with more recyclable systems and it also has a good use in flexible electronics and wearable technology, making it more modern for the tech-driven market.
By End Use
The automotive segment held the largest market share, around 28%, in 2024. It is owing to the continuous transformation of the industry towards lightweight, durable, and recyclable materials. Because of their versatility and durability, coupled with heat and chemical resistance, TPEs are widely used in automotive interiors, exteriors, and under-the-hood and other components. They play a major role in reducing vehicle weight (and cost), improving fuel economy, and helping manufacturers meet stringent emission norms by replacing conventional rubber and metal components. TPE usage includes wire and cable jacketing, seals and gaskets, and vibration-damping components in electric and hybrid vehicles, providing noise reduction and energy savings.
Building & Construction holds a significant market share in the thermoplastic elastomers market. It is due to the increasing demand for flexible, durable, and weather-resistant materials across modern infrastructure projects. Owing to their superior elasticity, UV resistance, and thermal stability, TPEs are commonly used in waterproof membranes, expansion joints, sealants, adhesives, roofing elements, and flooring systems. This unique characteristic of maintaining performance through changing environmental conditions makes them the ultimate solution for both residential and commercial construction. In addition, the increased awareness of sustainable building practices and green construction has led to accelerated penetration of recyclable and low-VOC TPE compounds consumption.
North America held the largest market share of thermoplastic elastomers market, around 38.04%, in 2024. It is owing to the mature manufacturing ecosystem, well-established automotive and healthcare sectors, and dynamic material science innovations. Stringent energy efficiency norms and lightweight materials demand from key end-use industries such as automotive and packaging boost market growth in the region. The country is majorly dominating the region, and loads the market revenue organic pipeline comprising global TPE manufacturers and good R&D capabilities. Applications of TPEs in durable consumer goods, electronics, and infrastructure projects are still growing.
In August 2023, LyondellBasell announced a 30% capacity expansion for TPE production at its La Porte, Texas, plant to cater to the growing demand from medical and industrial packaging sectors.
The U.S. thermoplastic elastomers market size was USD 7.27 billion in 2024 and is expected to reach USD 12.54 billion by 2032 and grow at a CAGR of 7.04% over the forecast period of 2025-2032. The consumption of TPE in the country is one of the major factors driving the regional growth, as it informs the lightweight and high-performance materials required for automotive, medical, and consumer applications. Since the U.S. is a cradle for most innovation worldwide, the majority of TPE innovations and patents originate from U.S.-based companies. Demand is also being stoked by growing adoption in electric vehicles, consumer electronics, and 3D printing. In addition, manufacturers are shifting from LSRs to TPEs to make the manufacturing process much more eco-friendly as they are now being encouraged by government fuel-efficiency standards and various sustainability initiatives.
In 2024, more U.S. automotive OEMs will apply TPE for EV components, including interior trims and under-the-hood parts, to meet fuel economy standards and minimize complete vehicle mass.
Asia Pacific thermoplastic elastomers market held a significant market share and is the fastest-growing segment in the forecast period. It is due to the growing automotive production in the Asia Pacific region, along with rapid urban infrastructure development and increasing electronics and footwear industry, has propelled thermoplastic elastomers in this region, making it the fastest growing market for thermoplastic elastomers. Notably, China, India, Japan, and South Korea drive the progress, with China dominating thanks to a massive manufacturing industry and supportive government policies encouraging sustainable lightweight materials. Furthermore, low raw material prices and labor costs play a significant role in increasing the efficiency of TPE production in this region. The growth of the market is also supported by increasing consumer demand for high-performance and environmentally friendly products.
In November 2023, Kraton Corporation introduced a new G2100 series in Asia, focusing on the automotive and electronics industries, with heat resistance and durability improvements in Styrenic Block Copolymers (SBCs).
Europe held a significant market share in the forecast period. It is owing to stringent environmental regulations, a mature automotive market, and increasing medical applications. Germany, France, and Italy are in particular the main consumer countries for ceramics in the automotive and healthcare industries. Increasing cry of circular economy, and lower carbon footprint, both at the local and global level, are bringing newer recyclable, and bio-based thermoplastic elastomers into wider acceptance among producing nations, mostly in the EU. In addition, an increase in the geriatric population throughout the region is supporting the demand for medical-grade TPE from low blood pressure controlling devices, such as tubing, catheters, and wearables.
In 2023, German pharmaceutical manufacturers initiated the utilization of pheno-based TPE compounds in medical production lines due to changes in EU sustainability targets and an increase in performance features from product lines.
The major Thermoplastic Elastomers companies are BASF SE, Arkema S.A., DuPont, Covestro AG, Evonik Industries, LG Chem, Kraton Corporation, Lubrizol Corporation, Huntsman Corporation, and Teknor Apex Company
In April 2024, Lubrizol Corporation and Eastman Chemical joined forces to reinforce the adhesion of TPEs over-molded onto Eastman's Tritan copolyester, supporting the next generation of sustainable, performance-driven materials.
In March 2024, Kraiburg TPE Americas announced its partnership with APTA Resinas to provide expanded distribution of TPE in Brazil and throughout South America in order to enhance local accessibility and market coverage.
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | USD 25.44 Billion |
| Market Size by 2032 | USD 41.97 Billion |
| CAGR | CAGR of6.46% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | •By Type (Styrene Block Copolymer, Thermoplastic Polyurethane, Thermoplastic Polyolefin, Thermoplastic Vulcanizate, Polyether Block Amide Elastomer, and Copolyester Ether Elastomer) • ByEnd Use (Automotive, Building & Construction, Footwear, Wires & Cables, Medical, Engineering, and Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | BASF SE, Arkema S.A., DuPont, Covestro AG, Evonik Industries, LG Chem, Kraton Corporation, Lubrizol Corporation, Huntsman Corporation, Teknor Apex Company |
Ans: The Thermoplastic Elastomers Market was valued at USD 25.44 billion in 2024.
Ans: Increasing Use of TPEs in Medical Devices and Healthcare Applications Drives the Market Growth.
Ans: North America currently dominates the Thermoplastic Elastomers market, while Asia Pacific is the fastest-growing region due to infrastructure investments.
Ans: Technology is enhancing the Thermoplastic Elastomers market by enabling advanced formulations with improved durability, flexibility, and recyclability. Innovations like 3D printing, bio-based TPEs, and smart processing techniques are expanding application areas across industries.
Ans: The top leading key players in the Thermoplastic Elastomers market include BASF SE, Dow Inc., Kraton Corporation, Arkema S.A., Covestro AG, Lubrizol Corporation, SABIC, Teknor Apex, Evonik Industries, and KRAIBURG TPE.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.2 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Capacity and Utilization by Country, By Type, 2024
5.2 Feedstock Prices by Country, and Type, 2024
5.3 Regulatory Impact by Country and By Type 2024.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives by Region
5.5 Innovation and R&D, Type, 2024
6. Competitive Landscape
6.1 List of Major Companies By Region
6.2 Market Share Analysis By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion Plans and New Product Launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Thermoplastic Elastomers Market Segmentation by Type
7.1 Chapter Overview
7.2 Styrenic Block Copolymer
7.2.1 Styrenic Block Copolymer Market Trend Analysis (2021-2032)
7.2.2 Styrenic Block Copolymer Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Thermoplastic Polyurethane
7.3.1 Thermoplastic Polyurethane Market Trends Analysis (2021-2032)
7.3.2 Thermoplastic Polyurethane Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Thermoplastic Polyolefin
7.4.1 Thermoplastic Polyolefin Market Trends Analysis (2021-2032)
7.4.2 Thermoplastic Polyolefin Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Thermoplastic Vulcanizate
7.5.1 Thermoplastic Vulcanizate Market Trends Analysis (2021-2032)
7.5.2 Thermoplastic Vulcanizate Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Polyether Block Amide Elastomer
7.6.1 Polyether Block Amide Elastomer Market Trends Analysis (2021-2032)
7.6.2 Polyether Block Amide Elastomer Market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 Copolyester Ether Elastomer
7.7.1 Copolyester Ether Elastomer Market Trends Analysis (2021-2032)
7.7.2 Copolyester Ether Elastomer Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Thermoplastic Elastomers Market Segmentation By End Use
8.1 Chapter Overview
8.2 Automotive
8.2.1 Automotive Market Trends Analysis (2021-2032)
8.2.2 Automotive Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Building & Construction
8.3.1 Building & Construction Market Trends Analysis (2021-2032)
8.3.2 Building & Construction Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Footwear
8.4.1 Footwear Market Trends Analysis (2021-2032)
8.4.2 Footwear Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 Wires & Cables
8.5.1 Wires & Cables Market Trends Analysis (2021-2032)
8.5.2 Wires & Cables Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Medical
8.6.1 Medical Market Trends Analysis (2021-2032)
8.6.2 Medical Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 Engineering
8.7.1 Engineering Market Trends Analysis (2021-2032)
8.7.2 Engineering Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 Others
8.8.1 Others Market Trends Analysis (2021-2032)
8.8.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Regional Analysis
9.1 Chapter Overview
9.2 North America
9.2.1 Trends Analysis
9.2.2 North America Thermoplastic Elastomers Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.2.3 North America Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.2.4 North America Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.2.5 USA
9.2.5.1 USA Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.2.5.2 USA Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.2.6 Canada
9.2.6.1 Canada Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.2.6.2 Canada Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.2.7 Mexico
9.2.7.1 Mexico Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.2.7.2 Mexico Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.3 Europe
9.3.1 Trends Analysis
9.3.2 Europe Thermoplastic Elastomers Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.3.3 Europe Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.4 Europe Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.3.5 Germany
9.3.5.1 Germany Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.5.2 Germany Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.3.6 France
9.3.6.1 France Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.6.2 France Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.3.7 UK
9.3.7.1 UK Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.7.2 UK Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.3.8 Italy
9.3.8.1 Italy Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.8.2 Italy Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.3.9 Spain
9.3.9.1 Spain Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.9.2 Spain Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.3.10 Poland
9.3.10.1 Poland Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.10.2 Poland Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.3.11 Turkey
9.3.11.1 Turkey Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.11.2 Turkey Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.3.12 Rest of Europe
9.3.12.1 Rest of Europe Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.3.12.2 Rest of Europe Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.4 Asia Pacific
9.4.1 Trends Analysis
9.4.2 Asia Pacific Thermoplastic Elastomers Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.4.3 Asia Pacific Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.4 Asia Pacific Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.4.5 China
9.4.5.1 China Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.5.2 China Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.4.6 India
9.4.5.1 India Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.5.2 India Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.4.5 Japan
9.4.5.1 Japan Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.5.2 Japan Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.4.6 South Korea
9.4.6.1 South Korea Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.6.2 South Korea Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.4.7 Singapore
9.4.7.1 Singapore Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.7.2 Singapore Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
8.4.8 Australia
8.4.8.1 Australia Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
8.4.8.2 Australia Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.4.9 Rest of Asia Pacific
9.4.9.1 Rest of Asia Pacific Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.4.9.2 Rest of Asia Pacific Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.5 Middle East & Africa
9.5.1 Trends Analysis
9.5.2 Middle East & Africa Thermoplastic Elastomers Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.5.3 Middle East & Africa Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.4 Middle East & Africa Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.5.5 UAE
9.5.5.1 UAE Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.5.2 UAE Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.5.6 Saudi Arabia
9.5.6.1 Saudi Arabia Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.6.2 Saudi Arabia Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.5.7 Qatar
9.5.7.1 Qatar Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.7.2 Qatar Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.5.8 South Africa
9.5.8.1 South Africa Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.8.2 South Africa Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.5.9 Middle East & Africa
9.5.9.1 Middle East & Africa Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.5.9.2 Middle East & Africa Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.6 Latin America
9.6.1 Trends Analysis
9.6.2 Latin America Thermoplastic Elastomers Market Estimates and Forecasts, by Country (2021-2032) (USD Billion)
9.6.3 Latin America Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.6.4 Latin America Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.6.5 Brazil
9.6.5.1 Brazil Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.6.5.2 Brazil Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.6.6 Argentina
9.6.6.1 Argentina Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.6.6.2 Argentina Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
9.6.7 Rest of Latin America
9.6.7.1 Rest of Latin America Thermoplastic Elastomers Market Estimates and Forecasts, By Type (2021-2032) (USD Billion)
9.6.7.2 Rest of Latin America Thermoplastic Elastomers Market Estimates and Forecasts, By End Use (2021-2032) (USD Billion)
10. Company Profiles
10.1 BASF SE
10.1.1 Company Overview
10.1.2 Financial
10.1.3 Product / Services Offered
10.1.4 SWOT Analysis
10.2 Arkema S.A.
10.2.1 Company Overview
10.2.2 Financial
10.2.3 Product/ Services Offered
10.2.4 SWOT Analysis
10.3 DuPont
10.3.1 Company Overview
10.3.2 Financial
10.3.3 Product/ Services Offered
10.3.4 SWOT Analysis
10.4 Covestro AG
10.4.1 Company Overview
10.4.2 Financial
10.4.3 Product/ Services Offered
10.4.4 SWOT Analysis
10.5 Evonik Industries
10.5.1 Company Overview
10.5.2 Financial
10.5.3 Product/ Services Offered
10.5.4 SWOT Analysis
10.6 LG Chem
10.6.1 Company Overview
10.6.2 Financial
10.6.3 Product/ Services Offered
10.6.4 SWOT Analysis
10.7 Kraton Corporation
10.7.1 Company Overview
10.7.2 Financial
10.7.3 Product/ Services Offered
10.7.4 SWOT Analysis
10.8 Lubrizol Corporation
10.8.1 Company Overview
10.8.2 Financial
10.8.3 Product/ Services Offered
10.8.4 SWOT Analysis
10.9 Huntsman Corporation
10.9.1 Company Overview
10.9.2 Financial
10.9.3 Product/ Services Offered
10.9.4 SWOT Analysis
10.10 Teknor Apex Company
10.10.1 Company Overview
10.10.2 Financial
10.10.3 Product/ Services Offered
10.10.4 SWOT Analysis
11. Use Cases and Best Practices
12. Conclusion
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We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments
By Type
Styrenic Block Copolymer
Thermoplastic Polyurethane
Thermoplastic Polyolefin
Thermoplastic Vulcanizate
Polyether Block Amide Elastomer
Copolyester Ether Elastomer
By End-Use
Automotive
Building & Construction
Footwear
Wires & Cables
Medical
Engineering
Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players