Global Bio Based Thermoplastic Elastomer Market
市场规模(十亿美元)
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 101.50 Million |
Market Size (Forecast Year) |
USD 342.05 Million |
CAGR |
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Major Markets Players |
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>全球生物基热塑性弹性体市场细分,按类型(合成生物基聚酯弹性体和天然生物基聚酯弹性体)、应用(汽车、电气和电子、医疗、密封剂和涂料、鞋类等)– 行业趋势和预测到 2031 年。
生物基热塑性弹性体市场分析
受环保意识增强和对可持续材料需求的推动,生物基热塑性弹性体 (TPE) 市场正在经历强劲增长。生物基 TPE 具有高性能和减少环境影响的双重优势,因此对寻求传统石油基产品环保替代品的行业具有吸引力。汽车和医疗行业是这一增长的重要贡献者,因为它们越来越多地采用生物基 TPE 来满足其应用需求,因为它们具有灵活性、耐用性和安全性。消费者对绿色产品的需求增加以及减少碳足迹的推动进一步加速了市场扩张。
生物基热塑性弹性体市场规模
2023 年全球生物基热塑性弹性体市场规模为 1.015 亿美元,预计到 2031 年将达到 3.4205 亿美元,2024 年至 2031 年预测期内的复合年增长率为 16.4%。除了对市场价值、增长率、细分、地理覆盖范围和主要参与者等市场情景的见解外,Data Bridge Market Research 策划的市场报告还包括进出口分析、生产能力概览、生产消费分析、价格趋势分析、气候变化情景、供应链分析、价值链分析、原材料/消耗品概览、供应商选择标准、PESTLE 分析、波特分析和监管框架。
报告范围和市场细分
报告指标 |
细节 |
预测期 |
2024 至 2031 年 |
基准年 |
2023 |
历史岁月 |
2022 (可定制为 2016-2021) |
定量单位 |
收入(百万美元)、销量(单位)、定价(美元) |
涵盖的领域 |
类型(合成生物基聚酯弹性体和天然生物基聚酯弹性体)、应用(汽车、电气和电子、医疗、密封剂和涂料、鞋类等) |
覆盖国家 |
美国、加拿大、墨西哥、德国、法国、英国、荷兰、瑞士、比利时、俄罗斯、意大利、西班牙、土耳其、欧洲其他地区、中国、日本、印度、韩国、新加坡、马来西亚、澳大利亚、泰国、印度尼西亚、菲律宾、亚太其他地区、沙特阿拉伯、阿联酋、南非、埃及、以色列、中东和非洲其他地区、巴西、阿根廷、南美洲其他地区 |
涵盖的市场参与者 |
BASF SE (Germany), Bayer (Germany), China Petroleum Corporation (China), Evonik Industries AG (Germany), Dow Chemical (U.S.), LyondellBasell Industries Holdings B.V. (Netherlands), Huntsman International LLC. (U.S.), Lubrizol Corporation (U.S.), PolyOne (U.S.), L.Y.C. Group (China), L.G. Chemicals (South Korea), Arkema (France), Covestro AG (Germany), Tosoh Corporation (Japan), Kraton Corporation (U.S.), Exxon Mobil Corporation (U.S.), Celanese Corporation (U.S.), Asahi Kasei Corporation (Japan), Zeon Corporation (Japan), Teknor Apex (U.S.) |
Market Opportunities |
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Bio-Based Thermoplastic Elastomer Market Definition
A bio-based thermoplastic elastomer (TPE) is a type of polymer that combines the properties of elastomers with the benefits of being derived from renewable, biological sources. Bio-based TPEs are produced using bio-based feedstocks, such as plant-derived polymers or agricultural by-products. Bio-based TPEs are used in various applications, including automotive parts, medical devices, consumer goods, and packaging, due to their sustainable nature and similar performance characteristics to their petroleum-based counterparts.
Bio-Based Thermoplastic Elastomer Market Dynamics
Drivers
- Rising Demand in the Automotive and Medical Sectors
The automotive and medical industries are increasingly embracing bio-based thermoplastic elastomers (TPEs) due to their superior flexibility, durability, and safety characteristics. In the automotive sector, bio-based TPEs are used in applications such as interior components, seals, and gaskets, where their ability to withstand mechanical stress and varying temperatures is highly valued. Similarly, in the medical field, these materials are utilized for medical device housings, tubing, and other components that require biocompatibility and resistance to sterilization processes. The growing emphasis on sustainability and performance in these sectors is driving the adoption of bio-based TPEs, contributing to market growth and encouraging further development of these advanced materials.
- Government Policies and Regulations
Many countries have implemented regulations and incentives designed to encourage the adoption of sustainable materials and technologies. These policies often include tax benefits, grants, and mandates for using environmentally friendly products. As a result, manufacturers are increasingly investing in thermoplastic elastomer products to comply with these regulations and take advantage of the associated benefits. This supportive regulatory environment not only drives the demand for bio-based TPEs but also accelerates the shift towards more sustainable practices across various industries. Government policies and regulations that promote the use of renewable materials and aim to reduce carbon footprints are significantly boosting the demand for bio-based TPEs.
Opportunities
- Innovation in Bio-Based Feedstocks
Research and development in bio-based feedstocks and manufacturing processes are crucial for advancing the bio-based TPE market. Innovations in this area focus on developing more cost-effective and high-performance thermoplastic elastomer materials by exploring new sources of renewable raw materials and improving production techniques. Advances such as genetically modified crops, algae-based polymers, and enhanced processing methods can lead to bio-based TPEs with better properties, such as increased strength, flexibility, and lower production costs. These developments can make bio-based TPEs more competitive with traditional materials and expand their applicability in various sectors, thus supporting market growth and fostering innovation.
- Growing Green Building Trends
As the construction industry increasingly adopts green building standards and eco-friendly materials, bio-based TPEs are becoming a preferred choice for applications such as insulation, roofing, and flooring. These materials align with green building goals by offering durability, low environmental impact, and potential for recycling. The growing emphasis on sustainability in construction projects not only drives demand for bio-based TPEs but also opens up new market segments and encourages further innovation in material development. The rise of sustainable construction practices and green building certifications presents significant opportunities for bio-based TPEs in architectural and construction applications.
Restraints/Challenges
- Higher Production Costs
Bio-based TPEs often face higher production costs compared to conventional TPEs, which can impact their price competitiveness in the market. The cost of bio-based raw materials, coupled with the need for specialized production processes, can result in higher prices for bio-based TPEs. These increased costs can make it challenging for manufacturers to offer competitive pricing, potentially increasing thermoplastic elastomer prices, and limiting market penetration and adoption.
- Limited Availability of Bio-Based Feedstocks
The supply of bio-based raw materials is constrained by various factors, including agricultural limitations and resource availability, which can impact the production and scalability of bio-based TPEs. The reliance on specific crops or natural resources for bio-based feedstocks can lead to supply shortages and price volatility. In addition, the need for large quantities of raw materials for widespread adoption can strain agricultural resources and affect sustainability.
This 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 market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Latest Developments in Bio-Based Thermoplastic Elastomer Market
- In September 2023, Trinseo, a leading materials solutions provider, unveiled a new transparent thermoplastic elastomer (TPE) grade specifically designed for footwear applications. This latest product innovation aims to offer enhanced performance and aesthetic qualities, making it ideal for modern footwear designs. The new TPE grade combines transparency with durability, providing both functional and visual benefits for various footwear application
- In June 2023, Avient announced the expansion of its reSound BIO biobased and reSound REC recycled content thermoplastic elastomer (TPE) portfolios. The expansion includes the introduction of a new range of halogen-free flame-retardant (HFFR) grades that incorporate both recycled and biobased resins
- In February 2021, DSM partnered with Sympatex Technologies to introduce a bio-based thermoplastic elastomer branded as Arnitel
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.
Bio-Based Thermoplastic Elastomer Market Scope
根据类型和应用,市场分为两个显著的部分。这些部分之间的增长将帮助您分析行业中增长微弱的部分,并为用户提供有价值的市场概览和市场洞察,帮助他们做出战略决策,确定核心市场应用。
类型
- 合成生物基聚酯弹性体
- 天然生物基聚酯弹性体
应用
- 汽车
- 电气和电子
- 医疗的
- 密封剂和涂料
- 鞋类
- 其他的
生物基热塑性弹性体市场区域分析
对市场进行了分析,并按上述国家、类型和应用提供了市场规模见解和趋势。
市场报告涉及的国家包括美国、加拿大、墨西哥、德国、法国、英国、荷兰、瑞士、比利时、俄罗斯、意大利、西班牙、土耳其、欧洲其他地区、中国、日本、印度、韩国、新加坡、马来西亚、澳大利亚、泰国、印度尼西亚、菲律宾、亚太其他地区、沙特阿拉伯、阿联酋、南非、埃及、以色列、中东和非洲其他地区、巴西、阿根廷以及南美洲其他地区。
北美预计将主导市场,因为其在塑料消费和处置方面拥有完善的监管框架。这些结构化法规促进了环保材料的使用,并鼓励行业采用可持续的做法。
由于建筑业和汽车业的快速发展,亚太地区预计将成为增长最快的地区。随着亚太地区各国继续扩大基础设施建设和城市化进程,建筑应用对生物基热塑性弹性体的需求预计将上升。
报告的国家部分还提供了影响市场当前和未来趋势的各个市场影响因素和市场监管变化。下游和上游价值链分析、技术趋势和波特五力分析、案例研究等数据点是用于预测各个国家市场情景的一些指标。此外,在提供国家数据的预测分析时,还考虑了全球品牌的存在和可用性以及它们因来自本地和国内品牌的大量或稀缺竞争而面临的挑战、国内关税和贸易路线的影响。
生物基热塑性弹性体的市场份额
市场竞争格局按竞争对手提供详细信息。详细信息包括公司概况、公司财务状况、产生的收入、市场潜力、研发投资、新市场计划、全球影响力、生产基地和设施、生产能力、公司优势和劣势、产品发布、产品宽度和广度、应用主导地位。以上提供的数据点仅与公司对市场的关注有关。
市场上的一些主要参与者包括:
- 巴斯夫公司(德国)
- 拜耳(德国)
- 中国石油天然气集团公司 (中国)
- 赢创工业集团 (德国)
- 陶氏化学(美国)
- 利安德巴塞尔工业控股有限公司 (荷兰)
- 亨斯迈国际有限责任公司(美国)
- 路博润公司(美国)
- 普立万 (美国)
- LYC集团(中国)
- LG化学(韩国)
- 阿科玛 (法国)
- 科思创股份公司 (德国)
- 东曹株式会社 (日本)
- 科腾公司 (美国)
- 埃克森美孚公司(美国)
- 塞拉尼斯公司(美国)
- 旭化成株式会社(日本)
- 瑞翁株式会社 (日本)
- Teknor Apex(美国)
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研究方法
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
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