Thermoplastic Vulcanizate (TPV) Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Thermoplastic Vulcanizate (TPV) Marketsize was valued at USD 1.55 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6% from 2021 to 2027.

Thermoplastic vulcanizates are used for rigid parts and seals in a variety of products such as washers and dryers, dishwashers, small appliances, grips, seals and refrigerators. The demand for thermoplastic vulcanizates in the consumer goods sector is expected to increase owing to the benefits of lightweight, versatile and soft materials in a variety of applications including apparel, home appliances, personal care products, kitchenware and power tools. In addition, the growth of the consumer goods industry in the BRIC countries is also expected to have a positive impact on the thermoplastic vulcanizates market. Thermoplastic vulcanization (TPV) offers exceptional efficiency, system cost savings and potential sustainability.

Market Segments

By End Use Industry

• Automotive
• Building & Construction
• Consumer Goods
• Healthcare
• Others

Key Players

• JSR Corporation
• Exxon Mobil Corp.
• RTP Company
• DuPont de Nemours, Inc.
• Mitsui Chemicals, Inc.
• Celanese Corp.
• LyondellBasell Industries Holdings B.V.
• Mitsubishi Chemical Corp.

Scope of the Report

The research study analyzes the global Thermoplastic Vulcanizate (TPV) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Thermoplastic Vulcanizate (TPV) Market Report

1. What was the Thermoplastic Vulcanizate (TPV) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Thermoplastic Vulcanizate (TPV) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Thermoplastic Vulcanizate (TPV) Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.