CHICAGO , Aug. 19, 2022 /PRNewswire/ -- The global Thermoplastic Elastomers Market size is estimated to be USD 24.7 Billion in 2022 and is projected to reach USD 33.9 Billion by 2027, at a CAGR of 6.5%, according to a new report by MarketsandMarkets™. Factors such as Growing penetration of EV and expected recovery from the COVID 19 impact supports market growth. Restraints for the market is higher costs of TPE than that of conventional material and economic slowdown. Opportunities in Thermoplastic Elastomers Market is due to the emerging market for the Biobased TPE. Moreover, the emerging trend of simplifying the complexity in choosing a specific type of thermoplastic elastomer is challenging the growth of the other types of TPEs & intrathermoplastic elastomers segment replacement is the major challenge for Thermoplastic Elastomers Market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1012
Browse in-depth TOC on "Thermoplastic Elastomers Market" 368 – Tables 56 – Figures 285 – Pages
By type, Thermoplastic polyolefin accounted for the largest share in 2021
Thermoplastic polyolefin are estimated to be the largest type in Thermoplastic Elastomers Market (in terms of value). These thermoplastic polyolefin is one of the most widely used materials in the automotive industry and is usually manufactured by blending polypropylene with elastic ethylene copolymers (polyolefin elastomers or POE) and adding other reinforcing fillers and additives. It can be processed using various techniques, including injection molding, profile extrusion, thermoforming, and blow molding. TPO is used in a variety of applications in the automotive industry.
By End use Industry, Automotive accounted for the largest share in 2021
Automotive is estimated to be the largest market for Thermoplastic Elastomers Market. TPEs are used for exterior body parts, such as exterior filler panels, wipers, rocker panels, body seals, automotive gaskets, door & window handles, and vibration damping pads. Recent developments in TPE have made it suitable for under-the-hood applications, such as belts & hoses, clamps, fuel lines, buffer blocks for bonnets & boots, bellows, and weather stripping, such as water and soundproofing. The applications of TPE in the automotive industry will increase as the electric vehicles (EVs) market is gaining traction.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1012
APAC is projected to account for the largest share in 2021
APAC is estimated to be the largest market for Thermoplastic Elastomers Market in 2021 and also during the forecast period. The increased demand for Thermoplastic Elastomers in Asia Pacific is led by rapid industrialization and growing demand from various automotive, building & construction, wire & cable, engineering, and medical industries in India , China , Japan & south korea.
The Thermoplastic Elastomers Market comprises major manufacturers such as Arkema S.A (France ), Asahi Kasei Corporation (Japan ), BASF SE(Germany ), Covestro Ag (Germany ) and Huntsman Corporation (US) are the key players operating in the Thermoplastic Elastomers. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Thermoplastic Elastomers.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=1012
Browse Adjacent Markets: Resins and Polymers Market Research Reports & Consulting
Elastomers Market by Type (Thermoset (Natural Rubber, Synthetic Rubber (SBR, IIR, PBR, NBR, ACM, EPM)), and Thermoplastic (PEBA, SBC, TPO, TPU, TPV)), Application (Automotive, Consumer Goods, Medical, and Industrial) - Global Forecast to 2021
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: sales@marketsandmarkets.com Research Insight:https://www.marketsandmarkets.com/ResearchInsight/thermoplastic-elastomers-market.asp Visit Our Website: https://www.marketsandmarkets.com/ Content Source: https://www.marketsandmarkets.com/PressReleases/thermoplastic-elastomers.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/thermoplastic-elastomers-market-worth-33-9-billion-by-2027--exclusive-report-by-marketsandmarkets-301609084.html
In this article, we discuss the 5 stocks that Warren Buffett is buying on the dip. If you want to see more stocks in this selection, click Warren Buffett is Buying the Dip on These 3 Stocks. Berkshire Hathaway’s Warren Buffett went on a buying spree despite the turmoil in the global equity markets. In […]
Shares of StoneCo (NASDAQ: STNE), a cloud-based technology platform, plummeted Friday morning after the company reported its second-quarter results, which disappointed investors, and announced yet another shift to its management team. The company reported non-GAAP (adjusted) earnings of 0.25 Brazilian reals (equivalent to $0.05), which was an increase from a loss of 0.48 reals in the year-ago quarter, but was below Wall Street's consensus estimate of about 0.57 reals, or $0.11 per share. StoneCo's revenue in the quarter was 2.3 billion reals (about $442 million), 5% higher than the company's guidance, and up 275% from the year-ago quarter.
The stock rose as much as 272% but is up about 175% as of 1:25 p.m. ET. The tech stock's gain came on the day of its initial public offering (IPO). Given the way the stock is soaring, the market apparently thinks the IPO was underpriced.
The Federal Energy Regulatory Commission filing could mean that Berkshire Hathaway will continue to increase its stake in Occidental.
For investors looking to maximize their wealth by the time they retire, the following pair of beaten-down businesses that possess strong growth capabilities are a worthwhile place to start. Freelance marketplace operator Fiverr (NYSE: FVRR) was a pandemic-lockdown superstar. Although Fiverr's stock price is down 65% in 2022 and off 82% from its all-time high, the freelance shop is still growing, albeit at a slower rate as SMBs became more cautious due to rampant inflation and rising energy costs and interest rates.
A 20-year-old USC student has made a $110 million profit from trading meme stock favorite Bed Bath & Beyond, following a frenzy in Wednesday’s trading session.
MoffettNathanson Managing Director and Equity Research Analyst Robert Fishman joins Yahoo Finance Live to discuss Paramount’s streaming strategy, plans to acquire U.S. rights to the Championships League, the Paramount-Walmart streaming deal, and the outlook for streaming giants.
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. won approval from US regulators to buy as much as 50% of Occidental Petroleum Corp. after spending months acquiring its shares. Occidental’s shares surged on news of the authorization.Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesStocks Sink as Short-Sellers Pounce; Yields Rise: Markets WrapCov
Verizon (VZ) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Jake Freeman cashed out his 6% stake in the meme stock after it exploded on Tuesday.
(Bloomberg) -- Billionaire Ryan Cohen pocketed a $68.1 million profit from the sale of his stake in Bed Bath & Beyond Inc., scoring a 56% gain on an investment he held for roughly seven months.Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesStocks Sink as Short-Sellers Pounce; Yields Rise: Markets WrapCovid’s Harmful Effects on the Brain Reverberate Y
Carnival (CCL) closed at $10.45 in the latest trading session, marking a -1.04% move from the prior day.
Back up the EV on shares of General Motors, says this one analyst.
Cisco Systems' (NASDAQ: CSCO) stock rose 4% during after-hours trading on Wednesday, Aug. 17, following its earnings report for its fiscal fourth quarter and the full year 2022. Revenue for the networking hardware and software maker stayed nearly flat from a year ago at $13.
(Bloomberg) -- One big force at the center of the two-month equity rally is showing signs of fatigue. Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesStocks Sink as Short-Sellers Pounce; Yields Rise: Markets WrapCovid’s Harmful Effects on the Brain Reverberate Years LaterIt’s the behavior of short sellers, whose frantic efforts to unwind bearish wager
Yahoo Finance anchors report that Bed Bath & Beyond stock tanked on Friday morning, falling by the most since January 2021.
Zacks.com users have recently been watching Alibaba (BABA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
One of the big reasons for investing in real estate investment trusts (REITs) is the kind of dividends many pay. While Treasury bonds are just beginning to catch up with inflation, some REITs offer better yields as long as investors are willing to accept the risks attached to owning them. Here are seven REITs with better-than-average, hard-to-ignore dividend yields: AGNC Investment Corp. (NASDAQ: AGNC) is paying 11.36% at a price of $12.57. The Bethesda, Maryland-based company specializes in res
The zany story of Bed Bath & Beyond's stock price gets zanier.
NIO Inc. (NIO) closed at $19.91 in the latest trading session, marking a -0.85% move from the prior day.