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Asia Pacific Thermoplastic Elastomers Market Competitive Analysis and Forecast Report till 2022
June 22, 2021: Asia Pacific thermoplastic elastomers market size was USD 4.63 billion in 2014 and is anticipated to reach over USD 7.82 billion by 2022. It is expected to witness substantial growth over the forecast period owing to growing automotive manufacturing in countries such as India, China, Indonesia and Thailand. The introduction of government policies that support investment along with private players emphasizing on enhancing technologies is anticipated to further fuel market demand.
TPEs have superior properties such as moisture resistance, excellent elasticity and flexibility and tactile grip and hence are widely used in automotive components. Demand from other industries such as footwear, medical devices, and electronics is expected to remain a key driving factor for growth over the forecast period. Growth in demand is expected owing to the ease of recycling and processing with negligible emission is anticipated to result in higher demand. They have replaced thermosets in varied applications including medical devices and electronic components. TPE are gaining prominence mainly on account of the high degree of purity, low level of extractable compounds, cost effectiveness and recycling ability. They are popularly known as an ideal substitute for latex and PVC owing to above-mentioned factors.
Block copolymers and ionomers are the major raw materials for manufacturing TPE. Block copolymer process utilizes SBS rubber (styrene-butadiene-styrene) formed by combining a long block of polybutadiene with a short block of polystyrene where as ionomer process includes copolymers of ethylene and methacrylic acid. Increasing disposable income, rapid industrialization, and economic progress has progressively fostered automotive, electronics and consumer goods sectors, resulting in higher demand for component manufacturing end-uses. This aspect is likely to boost market growth, especially in India and China.
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Improvement in the production process has propelled demand for biodegradable and recyclable TPE producing less scrap material. Additionally, packaging application segment is expected to witness exponential growth owing to increasing demand for transparent product packaging in different markets including consumer goods, electronics and medical applications. Other growing industries are projected to boost thermoplastic elastomers in personal care products, footwear, wire and cable, clothing applications and sports and leisure equipment.
Market players may have to confront major barriers to substitute rubber materials. Key companies are gradually undertaking new product development and innovation to allow entry into new marketplaces where rubber remains the dominant most applications.
Product Insights
SBC accounted for 50% of the overall volume and emerged as the largest application segment in 2014. Demand for hydrogenated SBC is catching momentum in sealants, adhesives, coatings, films and coating applications on account of its superior pressure sensitivity. Rising demand from applications including footwear, advanced materials and paving & roofing is expected to further improve industry growth over the forecast period.
TPO finds its widespread applications in automotive industry such as fascia systems, instrument panels and bumpers. It emerged as the second most consumed product in the market. Key automotive OEMs are increasingly adopting plastics in automotive components as a substitute for alloys and metals in order to reduce weight, improve structural strength and gain chemical resistance.
TPV is estimated to experience the highest growth at a CAGR of 7.4% over the forecast period amongst all products from 2015 to 2022. TPV is broadly used in fluid handling, consumer good sand automotive applications. Growing usage of TPV in the automotive sector, such as interiors and under the hood components, on account of its high oil and heat resistance, is anticipated to be an important driving factor for market growth over the forecast period. TPU is mostly used in construction, hose & tubing, wire & cables and automotive. Its superior thermal insulation and acoustic properties, when compared to thermoset PU, plays a vital role contributing toits consumption in the above-mentioned applications.
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China TPE market was the market leader in Asia Pacific with an estimated revenue exceeding USD 2 billion in 2014. The market in the region experiences a high demand for TPU and TPV in automotive and medical applications respectively. Thermoplastics consumption in automotive applications is used as an alternative to alloys and metals owing to favourable government policies. In addition, increasing production of passenger cars is anticipated to further augment the regional market demand from 2015 to 2022.
In 2014, Japan constituted for approximately 20% of the overall market share by volume. The market in the region is identified by supportive regulatory regulation spertaining to plastic usage in automotive component applications. In addition, automotive OEMs are dynamically implementing thermoplastics as a substitute for metals to make available automobiles with improved performance and fuel efficiency simultaneously reducing total curb weight of the automobile.
In 2014, India contributed to over 10% of the overall market volume. Favourable manufacturing conditions including cheap raw material, availability of skilled labour and low capital investment have resulted in many global automotive OEMs preferring their production bases to shift to India thus benefitting small scale TPE manufacturers in terms of supply and demand.
Competitive Insights
The market is fragmented with numerous players including BASF, DuPont, Arkema, Huntsman Corporation, Dow Chemical Co. Other key participants include Bayer Material Science, Advanced Elastomer Systems L.P., EMS Group, China Petroleum & Chemical Corporation, Dynasol Elastomer LLC, Kraton Polymer LLC, Evonik Industries, LG Chemicals, LyondellBasell Industries, LCY Chemical Corporation,Lubrizol Corporation, PolyOne Corporation, Nippon Polyurethane Industry Company Ltd, Teknor APEX Company, Kraiburg TPE,TSRC Corporation, Polymax TPE and RTP Company.
Market Segment:
Asia Pacific Thermoplastic Elastomers (TPE) Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
• Styrenic block copolymers (SBC)
• Thermoplastic polyurethane (TPU)
• Thermoplastic polyolefins (TPO)
• Thermoplastic vulcanizates (TPV)
• Copolyester elastomers (COPE)
• Others
Asia Pacific Thermoplastic Elastomers (TPE) Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)
• China
• India
• Japan
• Rest of Asia Pacific (RoAPAC)
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Minds Insights introduced a new report entitled “Global Polypropylene Compounds Market Review 2020-2021 Forecast to 2027”.
Minds Insights introduced a new report entitled “Global Polypropylene Compounds Market Review 2020-2021 Forecast to 2027”. Analysis by Type, Technology, Application, End-User, Industry Vertical, and Region’ into its vast depository of research reports.
The first section of the report deals with Polypropylene Compounds market definition, overview, product description, product scope, and product specifications. The information presented in this report gives an overview of the latest trends and development plans, models and policies observed in the world market. In addition, the study provides an analysis of recent events such as technological advances and product launches and their consequences on the global market Polypropylene Compounds. The global marketplace also includes data gathered from numerous primary and secondary sources.
Major Players covered in this report are
Trinseo
LyondellBasell
Sumitomo Chemicals
ExxonMobil
RheTech Inc.
A. Schulman
Solvay
PolyOne Corporation
Washington Penn Plastics Co. Ltd
Advanced Composites
Important Types are
Mineral Filled Polypropylene
Compounded TPO
Compounded TPV
Glass Reinforced
Additive Concentrates
Others
Important Application are
Automotive
Building & Construction
Textile
Electrical & Electronics
Other (Packaging, Industrial, Consumer Goods)
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The Global Polypropylene Compounds Industry report presents the size, share, state, production, cost analysis and market value of the market for the 2021-2027 forecast periods. In addition, upstream raw materials, downstream demand analysis, consumption volume and market share of segments and subsectors were also mentioned. The market research methodology refers to primary and secondary research data sources. It involves various factors affecting Polypropylene Compounds industries, such as the market environment, various government policies, historical data and market trends, technological advancements, upcoming innovations, market risk factors, market restraints, and challenges in the industry.
The report generally presents the analysis of competition in the global Polypropylene Compounds market, which highlights the major competitors involved in the marketing and sale of market products. Readers of this report will be provided with detailed and complete market intelligence. It also provides an accurate analysis of the mother market based on historical, current and future data, which will generate overall revenues and enable key players to make sound business decisions. The study highlights developments, CAGR, innovations, design implementation and dynamic market structure. Through SWOT (Strengths, Weaknesses, Opportunities and Threats) and PEST (Political, Economic, Socio-cultural and Technological) analysis, readers are able to accept facts about market configuration.
Some of the major geographies referred to in this report include:
· North America (U.S and Canada and rest of North America)
· Europe (Germany, France, Italy and Rest of Europe)
· Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
· LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)
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· What are the most important applications?
· What does the environment and marketplace architecture consist of?
· What are the key market solutions as far as market statistics are concerned?
· Which area will dominate the market at the end of the projection period?
· Who are the primary participants in the Polypropylene Compounds market?
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Global Plastic Compounding Market Size 2021 to Showing Impressive Growth by 2025 | Industry Trends, Share, Size, Top Key Players Analysis and Forecast Research
Adroit Market Research is an extensive research conducted by our analysts that offers assessment of forecasts by comparing historical data with key market dynamics. The Plastic Compounding market also includes highlighted trends and opportunities, as well as market prices. The market is segmented by segment and provides an overview of the industry with a detailed description of the market for the forecast period 2020-2025. The report also provides statistics on future growth, which are estimated for the forecast period together with the market share of individual segments. The report provides an analysis of the impact of the pandemic on the entire market. It also provides analysis of current and future impacts. The report provides a comprehensive analysis of the dynamic changes in trends and requirements associated with the COVID-19 pandemic. The report also includes a post-COVID scenario and future growth prospects.
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Competitive analysis covers the major players as well as the innovations and business strategies they pursue. The report highlights industry-leading opportunities for long-term growth and highlights the latest advances in process and product development. The Plastic Compounding market report provides basic information about the companies, as well as their market position, history, market capitalization and sales volume. The report provides sales, market growth and gross margin data for each player based on regional classification and overall market position. The report provides a separate analysis of recent business strategies such as mergers, acquisitions, new product launches, joint ventures, partnerships and collaborations.
The Market Research Report also offers information on potential investment opportunities, strategic market analysis and potential threats the client will face in order to systematically and creatively plan business models and strategies. The critical analysis of the data in the Plastic Compounding Market Report is presented in the correct form. This means that the information is presented in the form of infographics, statistics and uncomplicated graphs, making it a simple and time-saving task for the client.
Key Segments of the Global Plastic Compounding Market
Product Overview, 2015-2025 (USD Million) (Kilo Tons)
Polypropylene
PET
TPV
TPO
PVC
PBT
ABS
Application Overview, 2015-2025 (USD Million) (Kilo Tons)
Automotive
Electrical and Electronics
Construction
Others
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to give a complete overview of the market. Our dedicated team of analysts gathered information from company websites and government officials during interviews with company directors and vice presidents to efficiently prepare a market report. This allows the client to get a complete picture of the market, which is supported by the most accurate facts and figures.
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Asia Pacific Thermoplastic Elastomers Market Revenue Driving Factors, Business Strategies and Application Estimates, 2022
The Asia Pacific Thermoplastic Elastomers Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
Asia Pacific thermoplastic elastomers market size was USD 4.63 billion in 2014 and is anticipated to reach over USD 7.82 billion by 2022. It is expected to witness substantial growth over the forecast period owing to growing automotive manufacturing in countries such as India, China, Indonesia and Thailand.
Key Players:
Advanced Elastomer Systems L.P.
Arkema S.A.
BASF
Bayer MaterialScience
China Petroleum & Chemical Corporation
Dynasol Elastomers LLC
EMS group
Evonik Industries
Huntsman Corporation
Kraton Polymers LLC
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Growth Drivers:
The introduction of government policies that support investment along with private players emphasizing on enhancing technologies is anticipated to further fuel market demand.
TPEs have superior properties such as moisture resistance, excellent elasticity and flexibility and tactile grip and hence are widely used in automotive components. Demand from other industries such as footwear, medical devices, and electronics is expected to remain a key driving factor for growth over the forecast period. Growth in demand is expected owing to the ease of recycling and processing with negligible emission is anticipated to result in higher demand. They have replaced thermosets in varied applications including medical devices and electronic components. TPE are gaining prominence mainly on account of the high degree of purity, low level of extractable compounds, cost effectiveness and recycling ability. They are popularly known as an ideal substitute for latex and PVC owing to above-mentioned factors.
Product Outlook:
Styrenic block copolymers (SBC)
Thermoplastic polyurethane (TPU)
Thermoplastic polyolefins (TPO)
Thermoplastic vulcanizates (TPV)
Copolyester elastomers (COPE)
Regional Insights:
China TPE market was the market leader in Asia Pacific with an estimated revenue exceeding USD 2 billion in 2014. The market in the region experiences a high demand for TPU and TPV in automotive and medical applications respectively. Thermoplastics consumption in automotive applications is used as an alternative to alloys and metals owing to favourable government policies. In addition, increasing production of passenger cars is anticipated to further augment the regional market demand from 2015 to 2022.
In 2014, Japan constituted for approximately 20% of the overall market share by volume. The market in the region is identified by supportive regulatory regulation spertaining to plastic usage in automotive component applications. In addition, automotive OEMs are dynamically implementing thermoplastics as a substitute for metals to make available automobiles with improved performance and fuel efficiency simultaneously reducing total curb weight of the automobile.
In 2014, India contributed to over 10% of the overall market volume. Favourable manufacturing conditions including cheap raw material, availability of skilled labour and low capital investment have resulted in many global automotive OEMs preferring their production bases to shift to India thus benefitting small scale TPE manufacturers in terms of supply and demand.
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Asia Pacific Thermoplastic Elastomers Market Research 2020-2025 Report by Emerging Trends, Application Scope, Size, Status
Asia Pacific Thermoplastic Elastomers Market size was USD 4.63 billion in 2014 and is anticipated to reach over USD 7.82 billion by 2022. It is expected to witness substantial growth over the forecast period owing to growing automotive manufacturing in countries such as India, China, Indonesia and Thailand. The introduction of government policies that support investment along with private players emphasizing on enhancing technologies is anticipated to further fuel market demand.
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The key driving factors responsible for the growth of Asia Pacific Thermoplastic Elastomers market :
TPEs have superior properties such as moisture resistance, excellent elasticity and flexibility and tactile grip and hence are widely used in automotive components. Demand from other industries such as footwear, medical devices, and electronics is expected to remain a key driving factor for growth over the forecast period. Growth in demand is expected owing to the ease of recycling and processing with negligible emission is anticipated to result in higher demand. They have replaced thermosets in varied applications including medical devices and electronic components. TPE are gaining prominence mainly on account of the high degree of purity, low level of extractable compounds, cost effectiveness and recycling ability. They are popularly known as an ideal substitute for latex and PVC owing to above-mentioned factors.
Block copolymers and ionomers are the major raw materials for manufacturing TPE. Block copolymer process utilizes SBS rubber (styrene-butadiene-styrene) formed by combining a long block of polybutadiene with a short block of polystyrene where as ionomer process includes copolymers of ethylene and methacrylic acid. Increasing disposable income, rapid industrialization, and economic progress has progressively fostered automotive, electronics and consumer goods sectors, resulting in higher demand for component manufacturing end-uses. This aspect is likely to boost market growth, especially in India and China.
Improvement in the production process has propelled demand for biodegradable and recyclable TPE producing less scrap material. Additionally, packaging application segment is expected to witness exponential growth owing to increasing demand for transparent product packaging in different markets including consumer goods, electronics and medical applications. Other growing industries are projected to boost thermoplastic elastomers in personal care products, footwear, wire and cable, clothing applications and sports and leisure equipment.
Market players may have to confront major barriers to substitute rubber materials. Key companies are gradually undertaking new product development and innovation to allow entry into new marketplaces where rubber remains the dominant most applications.
Product Insights
SBC accounted for 50% of the overall volume and emerged as the largest application segment in 2014. Demand for hydrogenated SBC is catching momentum in sealants, adhesives, coatings, films and coating applications on account of its superior pressure sensitivity. Rising demand from applications including footwear, advanced materials and paving & roofing is expected to further improve industry growth over the forecast period.
TPO finds its widespread applications in automotive industry such as fascia systems, instrument panels and bumpers. It emerged as the second most consumed product in the market. Key automotive OEMs are increasingly adopting plastics in automotive components as a substitute for alloys and metals in order to reduce weight, improve structural strength and gain chemical resistance.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/asia-pacific-thermoplastic-elastomers-tpe-market
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North America Roofing Market 2020: key Vendors, Trends, Analysis, Segmentation, Forecast to 2025
Facto Market Insights (FMI) is one of the leading market research analyst incorporated its latest research subject title “ NORTH AMERICA ROOFING MARKET – 2020 – 2025 to its diverse bouquet of market research reports. With in depth study it provides bulls eye analysis of market drivers, its challenges, opportunity trends along with various key analytical insights. In addition FMI anticipates the report on global north america roofing market to help its patrons to understand and gaze the important aspects that are expected to intensify the growth patterns of the global market in near future. The study and research doesn’t confine itself to just the patterns but takes a leap ahead and do a complete analysis of the market size and forecast for the different segments & geographies covering the impact analysis of ongoing covid 19 pandemic.
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The report on north america roofing market covers the key market growth indicators, covering the value and supply chain analysis, year-on-year (Y-o-Y) growth and compounded annual growth rate (CAGR), in the Facto Market Insights (FMI) research report along with top macroeconomic indicators. The study is way beneficial for the investors, manufacturers, suppliers, stakeholders, and distributors, because it can help them to understand the strategies of the market and also, they can withdraw information &statistics presented in market research report.
Impact Analysis of Coronavirus Disease (COVID-19)
The research report covers the impact analysis of COVID-19 pandemic on the north america roofing market, covering information about each region & countries in order to identify the issues raised by the pandemic over various industries. The outbreak of coronavirus or COVID-19 (formerly 2020-nCoV) was noted in December 2019, which has been imposed as a medical emergency across the globe. More than 213 countries and territories have reported cases of coronavirus till date. On 11th March 2020, the World Health Organization (WHO) declared the COVID-19 a pandemic officially. Countries including U.S., India, Italy, Germany, Spain, France, Brazil, and such other countries have a large number of COVID-19 patients, due to which the countries went under lockdown conditions in the past. Thus, with the ongoing situation of lockdown, many industries have been adversely impacted, and it is expected that the economy of such nations are going to suffer a massive loss over the upcoming years, and also the economy is anticipated to slip into a recession, which is considered to hamper the growth of the overall market.
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Segment Information
The market for north america roofing market is segmented as Product Type, Form Type, Drug Type, End User and Region.
KEY MARKET SEGMENTS
By Type
• Shingle Roofing
• Tile Roofing
• Engineered Solution Roofing
• Paneled Roofing
• Structural Concrete Roofing
By Material Type
• Metal
• Wood
• Clay and slate
• Asphalt
• Concrete
• Membrane
o PVC
o TPO
o EPDM
o Torch-on
o Spray-on
o BUR
By Roof Type
• Flat roof
• Slope roof
By Application
• Residential
• Commercial
• Industrial
Regional Representation
The market for north america roofing is segregated on the basis of regional basis into North America. The breakdown of the region into countries is covered in the study. The study also includes the estimations about market growth at the regional and country levels. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
Competitive Landscape:
The report profiles various major & prominent key market players in the north america roofing market including:-
Beacon Roofing Supply, Inc.
• Berkshire Hathway
• Bridgestone Americas
• Carlisle Companies Incorporated
• CertainTeed (Saint Gobain)
• FiberTite (Seaman Corporation)
• GAF Materials Corporation
• IKO Industries
• Owens Corning
• Sika Group
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Thermoplastic Polyolefins Market Size, Industry Applications and 2023 Forecasts
Thermoplastic Polyolefins Market Research Report- information by application (automotive, medical, home appliances, building & construction, industrial, and others) region – Forecast till 2023
Top Players
Sumitomo Chemical Co., Ltd. (Japan), INEOS Olefins & Polymers (UK), Johns Manville. A Berkshire Hathaway Company (U.S.), RTP Company (U.S.), The Hexpol group of companies (U.S.), SABIC (Saudi Arabia), S&E Specialty Polymers (U.S.), Exxon Mobil Corporation (U.S.), LyondellBasell (the Netherlands), Arkema SA (France), Noble Polymers (U.S.) among others.
Industry News
February 2019 – The U.S. Port of San Diego is set to improve infrastructure, by planning future installation of a solar-powered, renewable microgrid at the Tenth Avenue Marine Terminal. This project will involve removing the existing multiple-ply, built-up roof system and then installing the lighter and highly durable single-ply Thermoplastic Polyolefin membrane roof system.
Market Outline
According to the latest study conducted by Market Research Future (MRFR), the thermoplastic polyolefins market is all set to display a lavish growth pattern, accompanied by a double-digit growth rate during the forecast period (2017-2023).
Market Drivers and Key Restraints
Backed by the vast pool of participants, the global thermoplastic polyolefin market showcases a fiercely competitive landscape. A number of key players across the thermoplastic polyolefin market are aggressively striving to elevate their market position backed by constant product innovation, and also incorporating advanced technologies in their existing product range. In the years to come, these companies are also poised to enter into partnerships as well as mergers and acquisitions which will be their key strategy for business development, states the MRFR report.
Citing an example, in August 2018, LyondellBasell Industries, one of the leading players in the TPO industry, acquired A. Schulman Incorporation, which is a prominent supplier of high-quality composites and plastic compounds in the world. The date experts are of the view that this acquisition is a positive move, which will aid in creating value for customers for both the firms, in addition to uplift their positions in the business space in the near future.
Another factor steering the development of the thermoplastic polyolefin market include the high product demand across construction and automotive sectors. Other than this, the rising sales of tires and rubber items are expected create profitable avenues for the thermoplastic polyolefin market in the coming years. however, few technological challenges could be liable to impede the thermoplastic polyolefin market in the conjectured time frame. Nonetheless, the ever-increasing applications of the product across numerous industries is set to present countless opportunities to the global thermoplastic polyolefin market from 2017 to 2023, thus negating the restraining impact on the overall market.
Market Segmentation
The market for thermoplastic polyolefins is segmented on the basis of application, which is sub-segmented into automotive, medical, home appliances, building & construction, industrial, and others. Furthermore, the others include rubber goods, packaging, wire & cable, battery, and footwear.
Out of these, the automotive segment holds the largest share in the global market, on account of the rising demand in automobiles at the global level. Thermoplastic polyolefins are utilized in the manufacturing of automotive components like door panels, instrument panels, dashboard skins, bumpers, and trims that light-weight and offer excellent durability. Keeping in mind the growing demand for fuel-efficient vehicles, the application of thermoplastic polyolefins for a number of components is on the rise, lending a significant push to the growth of the segment and helping it maintain its dominance over the review period. The second-largest segment is that of building & construction, owing to the rising construction activities around the world.
Browse Complete Report Details @ https://www.marketresearchfuture.com/reports/thermoplastic-polyolefins-market-5429
Regional Outlook
The global thermoplastic polyolefins market is spread across the key regions of Europe, North America, Asia Pacific and the Middle East and Africa.
Proving its mettle in the global thermoplastic polyolefins market is the region of North America, acquiring the largest share, with Asia Pacific and Europe right behind. The strong growth of the regional market is the result of the growing demand from automotive, medical, as well as the packaging sector. Canada and the United States (U.S.) are the key contributors to this growth, on account of the continuously developing health care sector along with the strong presence of well-known manufacturers in the region.
The market in Europe with the back-up of countries like Italy, Germany, France, and the United Kingdom (U.K) will be claiming the largest regional share. The factors responsible for the striking growth pattern of the region include the accelerated demand from renowned automobile manufacturers coupled with the strict legislations that pertain to the fuel conservation in the automotive industry.
Asia Pacific consists of several economies like India, Japan, China, Thailand, Malaysia, and South Korea, that have made it possible for the region to establish itself as the fastest growing market for thermoplastic polyolefins. Furthermore, there are high chances of the regional market to retain its healthy pace throughout the review period as a result of various factors like rising population and the increasing number of passenger cars on road. Additional factors that work in favor of the regional market are the competitive production costs as well as the easy availability of raw material. Apart from this, increasing construction activities and the burgeoning population gives a substantial push to the growth of the regional market as well.
The countries in the Middle East and Africa are presumed to clock in a moderate growth, as a result of the increasing foreign investments along with the shifting of production facilities to the region.
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Global Polypropylene (PP) Compounds Market - Upcoming Trends, Growth Drivers and Challenges, Forecast to 2022
Summary – A new market study, titled "Global Polypropylene (PP) Compounds Market - Upcoming Trends, Growth Drivers and Challenges, Forecast to 2022" has been featured on WiseGuyReports.
Polypropylene is a thermoplastic polymer produced via chain-growth polymerization from the monomer propylene. These Polypropylene Compounds offer a broad range of characteristics and are used in a wide variety of customer applications for automotive, electrical appliances, building and construction and furniture components.
Also read – https://www.marketwatch.com/press-release/covid-19-impact-on-polypropylene-pp-compounds-market-2020-global-manufacturers-analysis-and-industry-overview-to-2024-2020-05-27
Scope of the Report:
The worldwide market for Polypropylene (PP) Compounds is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Polypropylene (PP) Compounds in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
LyondellBasell
ExxonMobil
A. Schulman
PolyOne Corporation
Advanced Composites
Washington Penn Plastics Co., Ltd
Solvay
RheTech Inc.
Sumitomo Chemicals
Trinseo
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Mineral Filled PP
Compounded TPO
Compounded TPV
Glass Reinforced
Others
Market Segment by Applications, can be divided into
Automotive
Building & Construction
Electrical & Electronics
Textiles
Others
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Polypropylene (PP) Compounds product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Polypropylene (PP) Compounds, with price, sales, revenue and global market share of Polypropylene (PP) Compounds in 2017 and 2018.
Chapter 3, the Polypropylene (PP) Compounds competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Polypropylene (PP) Compounds breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Polypropylene (PP) Compounds market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Polypropylene (PP) Compounds sales channel, distributors, customers, research findings and conclusion, appendix and data source.
For more details - https://www.wiseguyreports.com/reports/4480480-global-polypropylene-pp-compounds-market-2019-by-manufacturers
About Us:
Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.
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Polyolefin Market Expansion 2014-2024
The proposed market report of Acumen Research and Consulting on the global Polyolefin market evaluates the opportunities in the current market, and provides updates and insights corresponding to different segments involved in the global Polyolefin market over the forecast period 2014-2024. The global Polyolefin market report further exhibits the estimated data for 2014, and forecast data up to 2026 in terms of value (US$ Mn) and volume (MT).
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The present study exhibits the trends and market dynamics of the Polyolefin market in seven major regions – North America, Latin America, Europe, Asia Pacific, Japan, Oceania, and Middle East and Africa. The report also includes the study of the current issues with consumers and various future opportunities for the market.
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Report Description
The report explores the global Polyolefin market for the period 2014–2024. The primary objective of the report is to provide insights into key developments in the market that are consistently supporting the transformation of global businesses associated with Polyolefin. It is very important to consider that in an ever-wavering economy, we provide the estimated (Y-o-Y) year-on-year growth rate in addition to the Compound Annual Growth Rate (CAGR) for the overall forecast, to better understand the analysis and evaluation of the global Polyolefin market, and to discover equitable opportunities.
Market Segmentation
Market by Type
· Polyethylene
o LDPE
o LLDP
o HDPE
o Others
· Polypropylene
o Homopolymer
o Copolymer
o Random copolymer
· Functional polyolefin
o EVA
o EPDM
o TPO
o POE
o POP
Market by Application
· Film & sheet
· Injection molding
· Blow molding
· Others (extrusion coating, fibers and raffia, wire & cable)
Market by Geography
· North America
o US
o Canada
o Mexico
· Europe
o UK
o Germany
o France
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Philippines
o Rest of Asia-Pacific
· Latin America
o Brazil
o Chile
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
Key Players
The key players such as Dow Chemical Company, ExxonMobil Corp., Sinopec Corp., PetroChina Company Limited, Arkema, Braskem SA, Total SA, Borealis AG, and Lyondell Basel Holdings dominate the market.
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Yet another key feature of this report is that the estimation of the global Polyolefin market and the corresponding revenue forecast is carried out in terms of absolute dollar opportunity. This is usually not prioritized while forecasting overall market numbers. Absolute dollar opportunity analysis is very essential in evaluating the degree of opportunity that a provider can observe to execute, as well as to contrast the potential resources from a sales perspective in the global market.
The report starts with an elaborate executive summary, the market definition of various segmentations that are included, and their respective shares in the global Polyolefin market. The report further incorporates the major macroeconomic factors that have an effect on the growth of the market. The report also highlights the various market dynamics, which include the drivers, restraints, opportunities, and trends in the global market. The report further underlines the study of the present issues with industrial processing and opportunities for the growth of market. It also encompasses value chain analysis that provides a structural view of overall profitability from the manufacturers to the end users of the market. In order to provide users with a clear view of the global Polyolefin market, we have exhibited a competitive analysis of key market players and their strategic expansions. The competitive dashboard presents a detailed comparison of Polyolefin powder manufacturers on valuable parameters such as key product offerings, total revenue, key developments, and key strategies. The study intensifies the global Polyolefin market attractiveness analysis by sugar type, form type, end use, source, and region.
To evaluate the overall market size of the Polyolefin market, the report considers various fundamental aspects based on secondary research. Furthermore, it emphasizes quantitative evaluation such as market shares by nature, form, end use, distribution channel, region, and other qualitative data from primary respondents, which have been consolidated to arrive at clear and accurate market estimations. The forecast presented in the Polyolefin market report arrives at the total revenue being generated, and the expected revenue contribution in the future by the global market.
Detailed profiles of companies that manufacture Polyolefin are included in the report to analyze their developmental strategies, key product offerings, and recent developments, as they have a significant role in the global market.
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About Acumen Research and Consulting:
Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.
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Asia Pacific Thermoplastic Elastomers Market Growth Factor and Forecast analysis by Region to 2022
18th April 2019: The Asia Pacific Thermoplastic Elastomers Market size was USD 4.63 billion in 2014 and is anticipated to reach over USD 7.82 billion by 2022. It is expected to witness substantial growth over the forecast period owing to growing automotive manufacturing in countries such as India, China, Indonesia and Thailand. The introduction of government policies that support investment along with private players emphasizing on enhancing technologies is anticipated to further fuel market demand.
TPEs have superior properties such as moisture resistance, excellent elasticity and flexibility and tactile grip and hence are widely used in automotive components. Demand from other industries such as footwear, medical devices, and electronics is expected to remain a key driving factor for growth over the forecast period. Growth in demand is expected owing to the ease of recycling and processing with negligible emission is anticipated to result in higher demand. They have replaced thermosets in varied applications including medical devices and electronic components. TPE are gaining prominence mainly on account of the high degree of purity, low level of extractable compounds, cost effectiveness and recycling ability. They are popularly known as an ideal substitute for latex and PVC owing to above-mentioned factors.
Get a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/asia-pacific-thermoplastic-elastomers-tpe-market/request-sample
Block copolymers and ionomers are the major raw materials for manufacturing TPE. Block copolymer process utilizes SBS rubber (styrene-butadiene-styrene) formed by combining a long block of polybutadiene with a short block of polystyrene where as ionomer process includes copolymers of ethylene and methacrylic acid. Increasing disposable income, rapid industrialization, and economic progress has progressively fostered automotive, electronics and consumer goods sectors, resulting in higher demand for component manufacturing end-uses. This aspect is likely to boost market growth, especially in India and China.
Improvement in the production process has propelled demand for biodegradable and recyclable TPE producing less scrap material. Additionally, packaging application segment is expected to witness exponential growth owing to increasing demand for transparent product packaging in different markets including consumer goods, electronics and medical applications. Other growing industries are projected to boost thermoplastic elastomers impersonal care products, footwear, wire and cable, clothing applications and sports and leisure equipment.
Market players may have to confront major barriers to substitute rubber materials. Key companies are gradually undertaking new product development and innovation to allow entry into new marketplaces where rubber remains the dominant most applications.
Product Insights
SBC accounted for 50% of the overall volume and emerged as the largest application segment in 2014. Demand for hydrogenated SBC is catching momentum in sealants, adhesives, coatings, films and coating applications on account of its superior pressure sensitivity. Rising demand from applications including footwear, advanced materials and paving & roofing is expected to further improve industry growth over the forecast period.
TPO finds its widespread applications in automotive industry such as fascia systems, instrument panels and bumpers. It emerged as the second most consumed product in the market. Key automotive OEMs are increasingly adopting plastics in automotive components as a substitute for alloys and metals in order to reduce weight, improve structural strength and gain chemical resistance.
TPV is estimated to experience the highest growth at a CAGR of 7.4% over the forecast period amongst all products from 2015 to 2022. TPV is broadly used in fluid handling, consumer goods and automotive applications. Growing usage of TPV in the automotive sector, such as interiors and under the hood components, on account of its high oil and heat resistance, is anticipated to be an important driving factor for market growth over the forecast period. TPU is mostly used in construction, hose & tubing, wire & cables and automotive. Its superior thermal insulation and acoustic properties, when compared to thermoset PU, plays a vital role contributing touts consumption in the above-mentioned applications.
Regional Insights
China TPE market was the market leader in Asia Pacific with an estimated revenue exceeding USD 2 billion in 2014. The market in the region experiences a high demand for TPU and TPV in automotive and medical applications respectively. Thermoplastics consumption in automotive applications is used as an alternative to alloys and metals owing to favorable government policies. In addition, increasing production of passenger cars is anticipated to further augment the regional market demand from 2015 to 2022.
In 2014, Japan constituted for approximately 20% of the overall market share by volume. The market in the region is identified by supportive regulatory regulations pertaining to plastic usage in automotive component applications. In addition, automotive OEMs are dynamically implementing thermoplastics as a substitute for metals to make available automobiles with improved performance and fuel efficiency simultaneously reducing total curb weight of the automobile.
In 2014, India contributed to over 10% of the overall market volume. Favorable manufacturing conditions including cheap raw material, availability of skilled labor and low capital investment have resulted in many global automotive OEMs preferring their production bases to shift to India thus benefitting small scale TPE manufacturers in terms of supply and demand.
Competitive Insights
The market is fragmented with numerous players including BASF, DuPont, Arkema, Huntsman Corporation, Dow Chemical Co. Other key participants include Bayer Material Science, Advanced Elastomer Systems L.P., EMS Group, China Petroleum & Chemical Corporation, Dynasol Elastomer LLC, Kraton Polymer LLC, Evonik Industries,LG Chemicals, LyondellBasell Industries, LCY Chemical Corporation,Lubrizol Corporation, PolyOne Corporation, Nippon Polyurethane Industry Company Ltd,Teknor APEX Company, Kraiburg TPE,TSRC Corporation, Polymax TPE and RTP Company.
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/asia-pacific-thermoplastic-elastomers-tpe-market
Market Segment:
Asia Pacific Thermoplastic Elastomers (TPE) Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
• Styrenic block copolymers (SBC)
• Thermoplastic polyurethane (TPU)
• Thermoplastic polyolefins (TPO)
• Thermoplastic vulcanizates (TPV)
• Copolyester elastomers (COPE)
• Others
Asia Pacific Thermoplastic Elastomers (TPE) Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022)
• China
• India
• Japan
• Rest of Asia Pacific (RoAPAC)
For More Information Visit @ https://marketnewtrends.wordpress.com
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