Global Thermoplastic Vulcanizates (TPV) Sales Market Report 2023
SKU ID : QYR-22289237 | Publishing Date : 02-Jan-2023 | No. of pages : 120
Market Analysis and Insights: Global Thermoplastic Vulcanizates (TPV) Market
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.
Due to the COVID-19 pandemic, the global Thermoplastic Vulcanizates (TPV) market size is estimated to be worth US$ 1749.8 million in 2022 and is forecast to a readjusted size of US$ 2941.8 million by 2029 with a CAGR of 7.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, EPDM/PP Blends accounting for % of the Thermoplastic Vulcanizates (TPV) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Automobile segment is altered to an % CAGR throughout this forecast period.
United States Thermoplastic Vulcanizates (TPV) key players include ExxonMobil Chemical, Teknor Apex, Mitsui Chemicals, etc. Top three companies hold a share above 88%. In terms of product, EPDM/PP Blends TPV is the largest segment, with a share nearly 85%. And in terms of application, the largest channel is Automobile Industry.
Global Thermoplastic Vulcanizates (TPV) Scope and Market Size
The global Thermoplastic Vulcanizates (TPV) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Thermoplastic Vulcanizates (TPV) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
EPDM/PP Blends
NR/PP Blends
Others
Segment by Application
Automobile
Industrial
Electronic Appliances
Building & Construction
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
ExxonMobil Chemical
Teknor Apex
Mitsui Chemicals
DuPont
RTP Company
Mitsubishi Chemical
Zeon
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.
Due to the COVID-19 pandemic, the global Thermoplastic Vulcanizates (TPV) market size is estimated to be worth US$ 1749.8 million in 2022 and is forecast to a readjusted size of US$ 2941.8 million by 2029 with a CAGR of 7.6% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, EPDM/PP Blends accounting for % of the Thermoplastic Vulcanizates (TPV) global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Automobile segment is altered to an % CAGR throughout this forecast period.
United States Thermoplastic Vulcanizates (TPV) key players include ExxonMobil Chemical, Teknor Apex, Mitsui Chemicals, etc. Top three companies hold a share above 88%. In terms of product, EPDM/PP Blends TPV is the largest segment, with a share nearly 85%. And in terms of application, the largest channel is Automobile Industry.
Global Thermoplastic Vulcanizates (TPV) Scope and Market Size
The global Thermoplastic Vulcanizates (TPV) market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Thermoplastic Vulcanizates (TPV) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
EPDM/PP Blends
NR/PP Blends
Others
Segment by Application
Automobile
Industrial
Electronic Appliances
Building & Construction
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
ExxonMobil Chemical
Teknor Apex
Mitsui Chemicals
DuPont
RTP Company
Mitsubishi Chemical
Zeon
Frequently Asked Questions
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