MRO Magazine

North America Thermoplastic Elastomers Market 2015 – Forecasts to 2020 for the $4.84 Billion Industry – Research and Markets


January 26, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/rdms6l/north_america) has announced the addition of the “North America Thermoplastic Elastomers Market Segmented by Product type, Application and Geography Trends and Forecasts (2015-2020)” report to their offering.

The North American Thermoplastic Elastomers market has a value of $4.48 billion and is expected to grow at a steady CAGR of 5% during the forecast period.

The major segments in this market are Styrenic block copolymers (TPE-s), Polyolefin blends (TPE-o), Elastomeric alloys (TPE-v or TPV), Thermoplastic polyurethanes (TPU) and others. These individual thermoplastic elastomers have application specific demands differentiated by cost and efficiency.

TPEs are useful in applications such as automotive parts, paving & roofing, consumer & personal hygiene products, medical equipments and clothing, aircraft coating, rail track, sports & leisure equipment, various types of footwear, baby care, electronic appliances, baby-diapers, industrial & mining related cables, oil & gas pipelines and several others. These materials result in minimizing energy consumption and increase in efficiency of the applications.

Increasing R&D efforts and huge demand from the automotive sector, which finds TPEs useful in a myriad of applications, will make TPE highly resourceful. Regulations from the automotive, food, medical, packaging sectors help the growth of TPEs as they leave minimal extractables. Growing segments such as bio TPEs are emerging commercially and will prove to be very effective in the industry due to cleanliness of the bio material and harmless wastage.

The industry is contemplating high research activities to create new blends and processing methodologies to minimize cost and increase versatility of the TPE product types. The major problem is the wide price range that makes it difficult to choose materials. Deriving optimal cost effectiveness is also a hard task in this sector.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Thermoplastic elastomer Overview

4. Market Overview

5. Market Dynamics

6. Market Segmentation and Analysis

7. North American Market Analysis (Market size, growth and forecast)

8. Competitive Landscape

9. Company Profiles

  • BASF Corporation
  • Lyondell Basell
  • Ineos Olefins & Polymers
  • Total Petrochemicals
  • Dow Chemicals
  • Akzonobel N.V.
  • Bayer MS
  • ExxonMobil Chemical Co.
  • Afton Chemical Corporation
  • DuPont Engineering Polymers
  • Chemtura Corp.
  • SINOPEC Corp.
  • Braskem SA
  • Innospec Inc.
  • Cummins Inc.
  • Total S.A.
  • Total Petrochemicals & Refining USA, Inc.

For more information visit http://www.researchandmarkets.com/research/rdms6l/north_america

Research and Markets
Laura Wood, Senior Manager
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Sector: Advanced Materials, Chemicals