Thermoplastic Vulcanizate (TPV) Market Share, Trends, and Analysis by 2027
Thermoplastic Vulcanizate (TPV) Market: Strategic Insights
Thermoplastic Vulcanizate (TPV) Market
-
CAGR (2019 - 2027)6.1% -
Market Size 2019
US$ 1.65 Billion -
Market Size 2027
US$ 2.61 Billion
Market Dynamics
GROWTH DRIVERS
- Increase in demand for durable materials in automotive and industrial applications
- Growth in thermoplastic vulcanizates (TPV) in high-performance applications
FUTURE TRENDS
- Increasing use of advanced thermoplastics in automotive and industrial applications
- Growing demand for TPV as a replacement for traditional rubber in high-performance applications
OPPORTUNITIES
- Growth in demand for lightweight, durable materials
- Opportunities in thermoplastic vulcanizates (TPV) for automotive, construction, and electronics industries
Key Players
- Mitsui Chemicals Inc
- Celanese Corporation
- Mitsubishi Chemical Corporation
- Kumho Polychem
- Trinseo
- Teknor Apex
- ExxonMobil
- Zeon Chemicals L P
- Alphagary
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
End Use Industry
- Automotive
- Building & Construction
- Consumer Goods
- Healthcare