Market Overview

Thermoplastic Vulcanizates (TPV) Market Production Details, Scope and Growth Aspects 2018


Thermoplastic Vulcanizates (TPV) Market Production Details, Scope and Growth Aspects 2018

PR Newswire

PUNE, India, August 8, 2018 /PRNewswire-iReach/ -- Global Thermoplastic Vulcanizates (TPV) Market Study 2018 to 2025

This market study describes the global Thermoplastic Vulcanizates market, with focus on major countries and their subsequent demand for different applications. The study covers demand analysis for regions like North America, Western Europe, Central & Eastern Europe, Central & South America, Asia-Pacific and Middle East & Africa and major countries like the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Netherlands, Belgium, Austria, Russia, Poland, Czech Republic, Turkey, China, Japan, India, South Korea, and Brazil.

The market is segmented mainly according to the applications such Automotive [Interior, Exterior and Under-the-hood], Industrial [Roofing and Others], Consumers, Electrical [Hose & Tubing] and others. Thermoplastic Vulcanizates Market data in term of volume and value for each application at regional and country level will be provided.

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Top Leading Companies are: Asahi Kasei, Dexco Polymers, Chi Mei, Styrolution, Sinopec, Kumho Petrochemicals, LG Chemical, TSRC, Other Manufacturers, Etc.

The report provides answers to the following key questions:

  • How big is the Thermoplastic Vulcanizates (TPV) market?
  • How is the market evolving by demand, segment and region?
  • What will the market size be in 2025 and at what rate will it grow?
  • What trends, challenges and barriers are influencing its growth?
  • Historical and future price trends for Thermoplastic Vulcanizates (TPV).

This independent 200 pages report guarantees you will remain better informed than your competition. With over 100 tables and figures examining the Thermoplastic Vulcanizates (TPV) market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2025.

Furthermore, the report provides a detailed analysis of the global Thermoplastic Vulcanizates (TPV) market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.

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Thermoplastic Vulcanizates (TPVs) are mechanically compounded mixtures of a polyolefin (usually polypropylene) and an elastomer (specialty elastomers or EPDM) that WHICH is vulcanized during the process. TPVs are widely used to modify the properties of rigid thermoplastics, usually improving impact strength. Major applications of TPVs are in automotive, industrial, consumers, electrical, and hoses & tubing.

The global demand for TPV is anticipated to grow between 4-5% since 2005. The market witnessed a decline during the economic recession but bounced back to growth in 2010. As of 2017, North America constituted the largest regional market accounting for around 40% of the market. Asia-Pacific was the second largest market followed by Western Europe. The greatest growth potential for TPOs and TPVs in automotive uses will be in replacing PVC for many interior applications including instrument panel covers, armrests and steering wheels. Although TPVs are more expensive on a weight basis than EPDM or other thermoset rubbers, lower processing cost means that TPV products are cheaper. TPVs are also lighter, requiring only one-third of the amount that would be required of EPDM blended. TPV has good properties as weather seals in automotive applications.

Automotive industry is the largest market for TPV at a global level. The market is likely to grow on account of continued use in the automotive industry for under the hood applications for passenger car and trucks.
In addition to their ability to withstand minor impacts, Olefinic thermoplastic elastomers are used for automotive applications as a result of the cost, recyclability during fabrication, environmental image, low specific gravity, wide range of stiffness's available, excellent outdoor weather ability and fade resistance, colourability and attractive impact performance over a wide temperature range. The shifting of automotive production from Western Europe to other low cost regions in Asia has pushed the regional demand, especially in China.

Reasons for Buying this Report

  • Thermoplastic Vulcanizates (TPV) report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a technological growth map over time to understand the industry growth rate
  • It provides a five to seven-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future Outlook.

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