Thermoplastic Elastomers Market_Sample Extract.pdf

Topics Slide No Chapter 01: Thermoplastic Elastomers Market Overview Chapter 01: Thermoplastic Elastomers Market Overview - 004 Chapter 02: Thermoplastic Elastomers Market Executive Summary Chapter 02: Thermoplastic Elastomers MarketExecutive Summary - 020 Chapter 03: Thermoplastic Elastomers Market Comparative Analysis Chapter 03: Thermoplastic Elastomers Market Comparative Analysis - 029 Chapter 04: Thermoplastic Elastomers Market Forces Chapter 04: Thermoplastic Elastomers Market Forces - 036 - 047 Chapter 05: Thermoplastic Elastomers Market Strategic Analysis Chapter 05: Thermoplastic Elastomers Market Strategic Analysis - 056 Chapter 06: Thermoplastic Elastomers Market - By Type Chapter 06: Thermoplastic Elastomers Market - By Type - 064 Chapter 07: Thermoplastic Elastomers Market - By Production Process Chapter 07: Thermoplastic Elastomers Market - By Production Process - 070 Chapter 08: Thermoplastic Elastomers Market - By End-user Industry Chapter 08: Thermoplastic Elastomers Market - By End-user Industry - 105 Chapter 09: Thermoplastic Elastomers Market - By Geography Chapter 09: Thermoplastic Elastomers Market - By Geography - 138 Chapter 10: Thermoplastic Elastomers Market Entropy Copyright ©2024 IndustryARC Chapter 11: Thermoplastic Elastomers Market Company Profiles Chapter 11: Thermoplastic Elastomers Market Company Profiles - 140 Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Definition •Thermo means “heat”; plastic means “moldable”; Elastomer means “rubber.” So a TPE is a rubber material that can be molded when it is heated. A TPE generally contains >xx% elastomer. •Thermoplastic elastomers, also called thermoplastic rubbers arecopolymers orcompoundswith both thermoplastic and elastomeric qualities. Above their melt temperatures, TPEs have thermoplastic properties that make it possible to form them into manufactured objects. TPEs exhibit elastomeric behaviorwithout cross-linking during manufacture when utilizedwithin their design temperature ranges. Additionally, because of this process's reversibility, finished goods can be recycled and remolded. •After being created for the first time roughly 55 years ago, thermoplastic elastomers have grown to be a substantial component of the elastomers sector. •Thermoplastic elastomers are safe for a variety of applications because of their low levels of intrinsic toxicity and compliance with medical and food laws. They have strong haptics, outstanding mechanical qualities, and are elastic, giving them a pleasant and inviting feel that makes them ideal for a variety of consumer goods. Copyright ©2024 IndustryARC Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Segment Outlook: ❖ Thermoplastic elastomers market isdivided into categories based on type, production process, end-use industry, and geographical area. By Production By End-use industry By Type By Geography Process North America Automotive &Transportation (Airbags, Anti-Slip Mats, O-rings, Belts, Bumpers, Air Duct Components, Others) Styrenic Block Copolymer (TPE-S) Extrusion (U.S., Canada, Mexico) South America Injection Molding Thermoplastic Olefin (TPE-O) (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica, Rest of South America) Building & Construction (Residential, Commercial, Industrial, Infrastructural) Blow Molding Elastomeric Alloy (TPE-V or TPV) Rotational Molding Europe Footwear (U.K, Germany, Italy, France, Netherlands, Belgium, Spain, and Rest of Europe) (Casual, Sports) Electricals & Electronics Thermoplastic Polyurethane (TPU) Others (Mobile Phones, Cables, Sockets, Others) APAC (China, Japan, South Korea, India, Australia & New Zealand, Thermoplastic Copolyester Healthcare (Tubes, Syringe, Seals, Bags, Others) Indonesia, Taiwan, Malaysia, Rest of APAC) ConsumerGoods Thermoplastic Polyamide Copyright ©2024 IndustryARC (Washing machine, Dishwasher, Dryer, Refrigerator, Others) ROW (Middle East & Africa) Others Others Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Global Thermoplastic Elastomers Market Share, By Type, 2022 (%) Global Thermoplastic Elastomers Market Share, By Type, 2028 (%) Styrenic Block Copolymer (TPE-S) Thermoplastic Olefin (TPE-O) Elastomeric Alloy (TPE-V or TPV) Thermoplastic Polyurethane (TPU) Thermoplastic Copolyester Thermoplastic Polyamide Others ❖ Thermoplastic Polyurethane (TPU) has the biggest share among all types of thermoplastic elastomers owing to the growin demand for flexible and biodegradable plastics in the footwear sector and is expected to drive the market due to adoption o the product will be aided by the many manufacturers' continuing innovation. According to the European Environment Agenc ❖ (EEA), each European generates over 180 kilograms of packaging waste each year on average. Packaging is a major user o virgin materials, accounting for xx% of plastics and xx% of paper used in the EU. Without intervention, the EU would witness further xx% increase in packaging waste by 2030, and a xx% increase in plastic packaging waste. The European Green Deal announced in NovembCeorp 2yr0i2g2h tt ©ha2t0 i2t 4w Iinlld puus rayAn ReCn d to wasteful packaging. This type of policy is likely to stop this tendency, increasing opportunities in the TPU market. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ Block copolymers made of styrene are the second most common. This is due to the fact that businesses producing SBC ar putting a high priority on being highly flexible in adapting the many product grades required by the SBC market, which distinguished by constant product innovation to satisfy new application requirements. For a variety of demandin applications, new bondable SBCs are entering the market. For instance, more recent technologies like Hydrogenated Styren Block Copolymers are used in products like adhesives and polymer modification. ❖ Kraton Corporation, one ofthemajor global sustainable producersof specialty polymers and high-value biobased items derived from pine wood pulping co-products, receivedthe International Sustainability and Carbon Certification (ISCC) PLUS certification in March 2022 to produce ISCC Plus Certified renewable styrene block copolymers (SBC) at their Berre, France facility. ❖ In April 2023, Hainan Baling Chemical New Material Co., Ltd., a subsidiary of China Petroleum & Chemical Corp. based in Hainan, China, announced the beginning of its most recent project aimed at producing styrene-butadiene copolymer (SBC) in Hainan. With a xx-tonne annual capacity, this facility places Sinopec as the top manufacturer of SBC facilities globally. Baling New Material and Sinopec Hainan Refining & Chemical Co., Ltd. each contributed xx billion yuan ($xx million) to the endeavor. ❖ Due to the increased need for TPOs in the healthcare and pharmaceutical industries, the Thermoplastic Polyolefin (TPO) market is also anticipated to experience significant expansion. In addition, as a result of the COVID pandemic, there has been a spike in the demand for syringes, and businesses like Hindustan Syringes & Medical Devices Ltd. (HMD) have made significant investments to boost their production capacity. It is anticipated that this abrupt Criospey irni gshytr i©ng2e0 d2e4m Iannddu swtirlyl AgRraCd ually raise the need for TPOs. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Thermoplastic Elastomers Market - Impact of Drivers Short Term Medium Term Long Term Drivers (2023-2024) (2025-2026) (2027-2028) The rising demand for residential building & construction activities Increasing incorporation of TPOs in both interior and exterior automotive components The potential to replace PVC and the rising healthcare demand Regulation support for the widening use of TPE Low High Copyright ©2024 IndustryARC Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

The rising demand for residential building & construction activities ❖ In 2022, the TPE market's Building & Construction applications category held a xx% market share. The usage of thermoplastic elastomers is increasing in buildings and construction applications, owing to their key properties such as durability, aesthetics, lightweight, easy handling, and high performance. Also, the factors such as increasing urbanization, investment in housing and construction, and development of retail ❖ chains are some factors responsible for the growth of thermoplastic elastomers in the United States. A thermoplast elastomer is being used on a growing basis in the building and construction industry for a variety of purposes, includin bitumen modification, roofing membranes, weather-stripping, waterproofing, carpeting, wall coverings, window & weather seals, windows & door frames, artificial turf, road markings, expansion joints,and shelter components. Particularly, Rising government spending on public infrastructure and commercial buildings is likely to drive the demand ❖ for TPE in construction applications. When it comes to the United States construction industry, single-family new hom starts increased xx% from the previous year to xx million units in 2021, accounting for xx% of total home starts. Mult family starts rose xx% from 2020 toxx units, according to the US Census Bureau. This new home starts growth rate w increase demand for TPE. As a result construction industry present appealing development prospects for both curren participants and potential newcomers. Copyright ©2024 IndustryARC ❖ Moreover, this thriving construction industry is also expected to be accompanied by strong demand in the commercial sector, specifically hotel and office renovations. Source: Expert Insights & IndustryARC Analysis Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Thermoplastic Elastomers, Value Chain Oil Refining Crude Oil TDI/MDI Production (Raw Materials) Benzene/ Toluene Production TDA/MDA Production Refining Cracking Ammonia Natural Gas Other Raw Materials Raw materials Value Added 43% Automotive Emulsion Polymerization Polyether Polyols Construction Packaging Polyester Polyols Blowing Agents Thermoplastic Furniture and Interiors Elastomers Catalysts Diisocyanates Footwear Suspension Polymerization Thermoplastic Elastomers End Products Value Added 57% Electronics and Appliances Copyright ©2024P ITnMdEuGstryARC Others (Textile, Medical, Mining) Source IndustryARC Analysis and Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Value chain analysis is a helpful technique for examining the processes involved in the creation, manufacture, marketing and distribution of a certain good. Elastomers have a sizable, intricate business that is vital to the manufacturing secto Additionally, it's a dynamic industry that greatly extends the value chain beyond chemical packages and components. Th following is a description of the key steps that contribute to the thermoplastic elastomers market's overall value chain: ❖ The value chain of thermoplastic elastomers, as was discussed in the presentation before, examines the key processes involved in producing raw materials, in this case, elastomeric resins, and then adding the necessary additives to manufacture elastomers. For the past few years, the sector has been concerned about rising energy and raw material prices. As a result, a number of businesses have been forced to pay attention to supply chain difficulties involving raw material pricing and carefully monitor their formulation or performance standards. The majority of enterprises on the market have internal facilities that they employ to turn raw materials into finished goods. This is the major justification for why so many producers in the market have their own facilities for making ❖ elastomers. The value chain for thermoplastic elastomers has been constructed as a complex network of interdependent parties, including distributors, distributors, end users, and material science research organizations. The necessity for OEMs to play a larger role in supply networks has been driven by the growth in demand from the general industrial and automotive sectors. The industry has become more agile by defining and implementing the R&D ❖ ❖ Copyright ©2024 IndustryARC pipeline in accordance with market trends and potential applications, as well as by creating value chain frameworks in accordance with those trends. Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ The need for medical supplies such IV drip chambers, bags, and tubing has increased due to an increase in positive coronavirus cases in China and elsewhere in the world, fueling the market's expansion. SBCs have rubber-like mechanica qualities and thermoplastic processing capabilities because of their molecular structure. Two hard polystyrene end blocks and one soft elastomeric midblock make up an SBC. In comparison to unreinforced vulcanized rubbers, the SBCs have higher tensile strength and good elastomeric characteristics once they have solidified. Styrene, isoprene, and butadiene are examples of basic ingredients used in SBCs that are obtained from crude oil. Future shifts in supply and demand are likely to cause price volatility for SBC. The fluctuations in energy costs have a major impact on the price of these raw materials as well. For instance, the continuing geopolitical situation in Eastern Europe between Russia and Ukraine has caused a jump in energy prices, which has had a substantial impact on the raw material costs for SBCs. In 2022, the U.S. was the market leader in North America. Additionally, the American government has disclosed financing for the modernization and upkeep of current roads, bridges, ports, trains, and multimoda transportation systems, which may increase demand for asphalt modification and, in turn, increase demand for SBCs in the country. For instance, on August 11, 2022, thCe oUp.Sy.r iSgehctr e©ta2r0y2 o4f TInradnussptoryrtAaRtiCo n said that, as of the aforementioned date, more than USD xx billion had been awarded to carry out the infrastructure renovation of roads, bridges, rails, and ports, showing a favorable market outlook for SBCs in the U.S. Styrenic Block Copolymer: Thermoplastic Elastomers Market Revenue, 2022-2028 ($bn) xx xx xx Revenue ($bn) xx xx ❖ xx xx 2022 2023 2024 2025 2026 2027 2028 ❖ Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ Olefinic thermoplastic elastomers are high-performance polymers whose use in Thermoplastic Olefin (TPE-O): Thermoplastic Elastomers Market Revenue, 2022-2028 ($bn) the automotive industry is expanding quickly. Olefinic thermoplastic elastomers are used in a variety of items used for the automotive industry, including high quality instrument panels, tire covers, dashboard components, pillar trims, doo xx liners and handles, seat backs, and safety belt components. Products utilised in xx xx xx the automobile industry are subjected to extra-strict criteria. Growing consume Revenue ($bn) ❖ awareness of environmentally friendly products: Since TPOs are recyclable and xx biodegradable products, there is a developing trend among xx customers Technological to use environmentally friendly products. xx xx developments: The emergence of novel TPO-made products that perform xx better than conventional plastics like polypropylene (PP) and polyethylene (PE) 2022 2023 2024 2025 2026 2027 2028 is the result of the development of new technologies. ❖ Olefinic thermoplastic elastomers are various types of plastic that, in addition to being less expensive than metals, aid in increasing the energy efficiency of automobiles by lowering weight, offering longevity, corrosion resistance, resilience, structural versatility, and high performance at a low price. Olefinic thermoplastic elastomers offer a lightweight that enables increased carburization of cars. Each xx% reduction in vehicle weight results in an estimated xx% reduction in fuel Cuosapgyer.i gThhte © in2c0re2a4s iIngd ud high-performance plastics in the automotive industry to increase productivity and design versatility is the primary driver of the market expansion for olefinic thermoplastic elastomers. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ The need for commercial space such as offices, hotels, malls, industrial corridors Extrusion: Thermoplastic Elastomers Market Revenue, 2022-2028 ($bn) and others is increasing, which is contributing to rapid growth in the building and construction sector in both developed and developing nations. In addition, rising xx xx infrastructure spending in nations like the United States, China, xx Japan, Mexico, India, and others has resulted in a considerable expansion of the xx Revenue ($bn) building and construction industry. For instance, the Indian government has a $xx xx ❖ xx trillion investment budget for infrastructure, with xx% of that amount going xx towards the development of urban infrastructure, according to research by Inves xx xx India. Extruded plastics provide countless design options that can be realized by xx bending, molding, and extrusion. Because they are poor heat- and electricity 2022 2023 2024 2025 2026 2027 2028 conductors, they are frequently utilized as insulating materials, cladding panels and pipes in workplaces, shopping centers, homes, and other construction projects. These are the main drivers of market growth for thermoplastic extrusion On the other hand, extrusion thermoplastics are frequently used as a ❖ replacement for metals when producing long pipes and tubes for irrigation in Copyright ©2024 IndustryARC agriculture, fishing rods for sports and leisure, and other items. Additionally, they have a high level of corrosion resistance, which encourages buyers to buy more products made of extruded plastics. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ The market's increasing use of injection moulding in automotive applications Injection Modeling: Thermoplastic Elastomers Market Revenue, 2022-2028 ($bn) and the escalating demand from the packaging sector are the main drivers o this demand. Further strengthening of this demand is projected from rising consumer goods and electronics demand.The increasing prevalence of xx xx alternative and developing technologies like 3D printing and the high entry xx costs associated with entering the injection moulding market, however, are xx Revenue ($bn) xx anticipated to restrain market expansion. Worldwide, the packaging market is xx ❖ developing and growing quickly. The Association for Packaging and Processing xx xx Technologies (PMMI) reported that the worldwide packaging industry's total value xx reached USD xx billion in 2021. Population growth, increased environmenta xx 2022 2023 2024 2025 2026 2027 2028 ❖ concerns, rising disposable income in developing countries, expansion of the retai industry in emerging economies, and expanding demand for smart packaging solutions were the main drivers of the growth.For instance, Japan is one of the biggest and fastest-growing e- commerce markets, ranking third internationally By 2023, it is projected that the nation would earn about USD xx billion in income, and between 2023 and Copyright ©2024 IndustryARC 2028, it will expand at an average annual growth rate of xx%. The nation's expanding e-commerce industry is predicted to increase demand for packaging supplies. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖ Automotive & Transportation: Global Thermoplastic Elastomers Market Revenue 2022-2028 ($bn) The automobile industry makes extensive use of thermoplastic elastomers This material has gained the trust of manufacturers around for a variety of interior and exterior applications, including weather sealing. The rise of xx ❖ vehicle categories like electric cars (EV) and hybrid electric vehicles (HEV) is xx evidence that the automobile industry is particularly acutely aware of the xx xx environmental challenge. Here, vulcanized rubber and flexible polyvinyl chloride (PVC) are gradually being replaced by TPEs in order to reduce vehicle weight, enhance fuel economy, reduce CO2 and NOx xx Revenue($bn) xx xx petrol emissions, and increase recyclability for the benefit of the xx environment. According to International Energy Agency(IEA), Despite supply xx ❖ chain snags and the ongoing Covid-19 epidemic, electric car sales hit a new xx high in 2021. Sales nearly doubled to xx million, representing a sales share of xx approximately xx%, compared to 2020, increasing the total number of 2022 2023 2024 2025 2026 2027 2028 electric vehicles on the road to xx million. The demand for thermoplastic elastomers is anticipated to rise throughout ❖ Copyright ©2024 IndustryARC the forecast period as the penetration of electric vehicles (EVs) increases globally. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

❖Thermoplastic Elastomers used in dishwashers for door seals, drum rollers, and gaskets. Thermoplastic Elastomers have key performance attributes that can be used in applications like dryers Superior heat resistance, no cracking or Dryer: Global Thermoplastic Elastomers Market Revenue 2022-2028 ($bn) ❖ xx xx tackiness at temperatures up to 135° C, and Excellent property xx Revenue($bn) xx retention after heat aging. TPEs are widely used as door seals in dryers to ensure a tight seal between the door and the dryer drum. TPE door seals provide xx ❖ xx xx flexibility, allowing for easy opening and closing of the dryer door, xx while also preventing air leakage during the drying cycle. They help 2022 2023 2024 2025 2026 2027 2028 maintain the desired temperature inside the dryer and prevent heat loss. TPEs are used in the manufacturing of drum rollers and support pads in dryers. These components support and facilitate the rotation of the ❖ dryer drum during the dryiCnogp pyriogchets ©s. 2T0P2E4 d Inrudmus tr pads offer excellent wear resistance, low friction, and noise reduction properties, ensuring smooth and efficient operation of the dryer. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

❖The thermoplastic elastomers market in China is anticipated to China: Thermoplastic Elastomers Market Revenue, 2022-2028 ($bn) witness rapid growth over the forecast period. This growth is xx driven by the rapidly growing demand for thermoplastic elastomers in a host of industries in the region. The rising demand for thermoplastic parts in the automobile and construction industries, along with the increasing demand for xx ❖ xx Revenue ($bn) xx consumer goods, are some of the major drivers of the market growth. Furthermore, China's building industry is expanding dramatically. The National Bureau of Statistics of China projects that China's xx ❖ xx xx construction production would be worth around USD xx trillion in 2028 2022 2023 2024 2025 2026 2027 2021. The growth in the construction sector is also anticipated for the market expansion. ❖The Chinese government is promoting incubators Ctoep tyhrieg hgtr o©w2t0h2 o4f Inlodcuasl t accelerators to promo and increasing number of startups will bode well for the demand of thermoplastic elastomers in the Chinese markets. Source: IndustryARC Analysis, Expert Insights Inquiry Before Buying +1 518 282 4727 Buy Now sales@industryarc.com | | |

Arkema S.A: Product Portfolio Product Name Description Polyamide and polyether backbone blocks make the Business Overview structure of the thermoplastic elastomers known as Pebax®. These specialtyelastomers provide very low material density, a broad range of shore hardness values, exceptionally effective energy return, and the option of biobased construction. Pebax® Arkema S.A Description 2004 Established Year France Headquarters 21,100 Employees $xx M For medical applications, the Pebax® MED line from Arkema offers a wide range of rigid, semi-rigid, and flexible grades. All MED grades are devoid of PVC, BPA, and plasticizers. The USP VI has authorized each grade. Revenue (2022) Pebax® MED https://www.arkema.com Website Developments: There are no developments for the last 5 years pertaining to the market. Copyright ©2024 IndustryARC Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Arkema S.A, Revenue, 2020-2022 ($M) xx xx xx xx xx xx Revenue ($M) xx xx xx xx xx 2020 2021 2022 Arkema S.A, Revenue Share, By Geography, 2022 (%) Arkema S.A, Revenue Share, By Segment, 2022 (%) xx% xx% Adhesive Solutions xx% xx% xx% Advanced Materials xx% Coating Solutions Intermediates Copyright ©2024 IndustryARC xx% Corporate xx% North America Europe Asia and the rest of the world Source: Company News and Press Releases Inquiry Before Buying +1 518 282 4727 sales@industryarc.com | Buy Now | |

Thermoplastic Elastomers Market_Sample Extract.pdf