글로벌 열가소성 엘라스토머 시장 – 산업 동향 및 2031년까지의 예측

열가소성 엘라스토머 시장 분석 및 규모

열가소성 엘라스토머 시장은 예측 기간 동안 상당히 성장할 것으로 예상됩니다. 이러한 성장의 주요 동인에는 자동차, 건설 및 의료와 같은 다양한 최종 사용 산업에서 가볍고 고성능 소재에 대한 수요가 증가하는 것이 포함됩니다. 열가소성 엘라스토머는 유연성, 내구성 및 화학 물질 및 풍화에 대한 저항성을 포함하여 여러 가지 이점을 제공하여 다양한 응용 분야에 이상적입니다. 지속 가능성과 환경 보호에 대한 강조가 커지면서 엘라스토머에 대한 수요도 증가합니다.

글로벌 열가소성 엘라스토머 시장 규모는 2023년에 224억 4천만 달러로 평가되었으며, 2031년까지 363억 1천만 달러에 도달할 것으로 예상되며, 2024년에서 2031년까지의 예측 기간 동안 CAGR은 6.2%입니다. Data Bridge Market Research에서 큐레이팅한 시장 보고서에는 시장 가치, 성장률, 세분화, 지리적 범위, 주요 업체와 같은 시장 시나리오에 대한 통찰력 외에도 심층적인 전문가 분석, 지리적으로 표현된 회사별 생산 및 용량, 유통업체 및 파트너의 네트워크 레이아웃, 자세하고 업데이트된 가격 추세 분석, 공급망 및 수요의 적자 분석이 포함됩니다.

보고 범위 및 시장 세분화

시장 정의

열가소성 엘라스토머(TPE)는 열가소성 플라스틱과 엘라스토머의 특성을 결합한 유형의 소재입니다. 고무처럼 유연하고 탄력이 있지만, 열가소성 플라스틱과 유사하게 가열하면 쉽게 녹고 다양한 모양으로 성형할 수 있습니다. TPE는 자동차 부품, 의료 기기, 가전 제품 등과 같이 유연성, 탄력성 및 가공 용이성이 필요한 광범위한 응용 분야에서 사용됩니다.

열가소성 엘라스토머 시장 동향

운전자

• 자동차 산업의 확장

자동차 산업은 열가소성 엘라스토머의 중요한 소비자로, 씰, 개스킷, 호스, 웨더스트리핑과 같은 중요한 응용 분야에서 이를 활용합니다. 자동차 부문이 확대됨에 따라 열가소성 엘라스토머에 대한 수요가 증가할 것으로 예상됩니다. 이러한 성장은 자동차 구성품의 내구성과 성능을 향상시키고 전체 중량을 줄여 연료 효율성과 배출 감소에 기여하는 이 소재의 능력에 기인합니다. 또한 열가소성 엘라스토머는 설계 유연성을 제공하여 제조업체가 복잡한 모양을 만들고 여러 기능을 단일 구성품에 통합할 수 있게 하여 자동차 산업에서 열가소성 엘라스토머의 채택을 더욱 촉진합니다.    

• 열가소성 엘라스토머의 이점에 대한 인식 증가

소비자와 산업계에서 열가소성 엘라스토머의 유리한 특성에 대한 인식이 눈에 띄게 증가하고 있습니다. 이러한 소재는 뛰어난 충격 흡수력, 유연성, 날씨, 화학 물질 및 열에 대한 저항성을 포함한 우수한 성능 품질을 보여줍니다. 이러한 높아진 인식으로 인해 다양한 자동차, 건설, 전자 및 의료 분야에서 열가소성 엘라스토머에 대한 수요가 증가하고 있습니다. 산업계에서는 제품 성능, 수명 및 지속 가능성을 향상시키는 데 있어 열가소성 엘라스토머의 가치를 점점 더 인식하고 있으며, 따라서 광범위한 응용 분야에서 열가소성 엘라스토머를 채택하고 있습니다.

기회

• 생물 기반 열가소성 엘라스토머에 대한 수요 증가

Bio-based thermoplastic elastomers, sourced from renewable materials like plants and biomass, present a greener alternative to conventional petroleum-derived thermoplastic elastomers.The growing awareness among consumers and industries about the environmental impact of conventional plastics is driving the adoption of bio-based thermoplastic elastomers, creating significant growth opportunities for manufacturers in this market.           

• Emerging Applications in Healthcare and Medical Devices  

Thermoplastic elastomers are gaining traction in the healthcare and medical devices industry due to their unique properties such as biocompatibility, flexibility, and durability. These materials are being increasingly used in various medical applications, including medical tubing, surgical instruments, catheters, and drug delivery systems. The growing demand for medical-grade thermoplastic elastomers is driven by factors such as the increasing aging population, rising prevalence of chronic diseases, and advancements in medical technology. Thermoplastic elastomers' versatility and performance characteristics make them an ideal choice for use in healthcare and medical devices, creating new opportunities for market growth.

Restraints/Challenges

• Fluctuating Raw Material Prices  

The prices of raw materials used in the production of TPEs, such as polypropylene, polyethylene, and rubber, are subject to fluctuations due to various factors, including supply and demand dynamics, geopolitical events, and changes in market conditions. These fluctuations can have a significant impact on the production costs and profitability of TPE manufacturers, which can be a challenge for the market.

• Limited Heat Resistance  

Despite being known for their flexibility and versatility, some thermoplastic elastomers (TPEs) face a challenge due to their limited heat resistance. This can limit their applicability in industries such as automotive and electronics, where exposure to high temperatures is common and where the choice of materials significantly impacts performance and durability. This can hinder the growth of usage of TPE in these segments challenging the market growth.

This thermoplastic elastomers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the thermoplastic elastomers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In April 2023, Asahi Kasei Plastics North America, Inc., a prominent international compounder of advanced engineered polymers and polypropylene, is merging with Asahi Kasei Asaclean Americas, a leading supplier of the world's best-selling purging compounds and concentrates, to enhance their best-in-class manufacturing services. The merger will see the combined entity operating under the name APNA and headquartered in Fowlerville, Michigan
• In January 2023, Arkema entered into a long-term agreement with ENGIE for the supply of 300 GWh/year of renewable biomethane in France. This deal is considered one of Europe's largest private biomethane agreements to date. Through this supply agreement for 300 GWh/year of renewable biomethane with ENGIE and ongoing energy efficiency projects, Arkema aims to further significantly reduce the carbon footprint of its bio-based high-performance Rilsan polyamide 11 and Pebax Rnew elastomers   

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Thermoplastic Elastomers Market Scope

The market is segmented on the basis of product type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product Type

• Styrene Block Copolymers (TPE-S)
• Thermoplastic Polyolefin
• Thermoplastic Olefins (TPE-O)
• Elastomeric Alloys (TPE-V or TPV)
• Thermoplastic Polyurethanes (TPU)
• Thermoplastic Co-polyester
• Thermoplastic Polyamides

Application

• Automotive
• Building and Construction
• Electrical and Electronics
• Household Appliances
• Medical
• Adhesives
• Sealants and Coatings
• Footwear
• HVAC
• Others

Thermoplastic Elastomers Market Regional Analysis/Insights

The market is analyzed and market size insights and trends are provided by country, product type, and application as referenced above.

The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.

North America is expected to dominate the market due to increasing trade activities. The region's dominance is further supported by the rising adoption of thermoplastic elastomers across various industries such as automotive, building and construction, electrical and electronics, household appliances, medical, adhesives, sealants and coatings, footwear, HVAC, and others worldwide.         

Asia-Pacific is expected to be the fastest growing due to the increasing awareness of the beneficial properties of thermoplastic elastomers, including superior performance qualities like cleanliness, shock absorption, and flexibility. In addition, their weather, chemical, and thermal resistance properties contribute to the market's expansion in the region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Thermoplastic Elastomers Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

• Arkema (France)
• Asahi Kasei Corporation (Japan)
• BASF SE (Germany)
• Dow (U.S)
• Covestro AG (Germany)
• Huntsman International LLC. (U.S.)
• Teknor Apex (U.S.)
• The Lubrizol Corporation (U.S.)
• Tosh Corporation (Japan)
• KRATON CORPORATION (U.S.)
• CNPC (China)
• Mitsubishi Chemical Group Corporation. (Japan)
• DuPont (U.S.)
• SIBUR HOLDING PJSC (Russia)
• 법인. Evonik(독일)
• Dynasol Group(스페인)

SKU-12338