"The Report
Thermoplastic Vulcanizates (TPV) Market 2015-2019 provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
MarketResearchReports.biz"
Market outlook of the
thermoplastic vulcanizates market
Technavios
market research analyst predicts the Thermoplastic
Vulcanizates (TPV) Market
to grow at a rate of around 7% during the forecast period. The rising
adoption of TPV as a replacement for PVC in the healthcare sector is
the primary driver for the growth of this market. TPVs unique
characteristics such as environment-friendliness, low drug
absorption, toughness, and optical clarity have made them an ideal
choice for the manufacturing of blood bags, catheters and disposable
gloves. For instance, Johnson & Johnson and GE Healthcare, having
increased their R&D spending to develop and introduce new
TPV-based medical products in the market.
The
growing popularity of olefin-based copolymer TPV is also anticipated
to contribute to the market growth during the forecast period.
Olefin-based copolymer TPV has a high abrasion resistance and is
being used to replace traditional styrenic thermoplastic elastomers
(TPE) in its commercial and industrial applications.
Segmentation
by application and analysis of - automotive, medical, consumer goods,
fluid handling
During
2014, the automotive sector led the market with a share of 51%. The
rising adoption of TPV as a replacement for traditional rubber and
EPDM in this sector is the primary driver for the growth of this
segment. TPV is used in interior and exterior ancillaries, sealing
systems, and under-the-hood components of automobiles.
The report offers an
analysis of each of the following segments and discusses its impact
on the overall market growth -
- Automotive
- Fluid handling and construction
- Medical
- Consumer goods
Geographical
segmentation and analysis of - Americas, APAC, EMEA
The
Americas accounted for around 41% of the market share during 2014.
The report predicts this region to maintain its leadership until the
end of 2019, growing at a rate of 7%. The increasing replacement of
traditional heavy materials, such as natural and synthetic rubber, by
lighter TPV, is driving the market in this region.
The report offers an
analysis of each of the following segments and discusses its impact
on the overall market growth -
- Americas
- APAC
- EMEA
Competitive
landscape and key vendors - Dynasol, DuPont, ExxonMobil, PolyOne, LCY
The
global TPV market is highly fragmented with the five key players
accounting for around 40% of the market in terms of capacity. Vendors
in this market compete on the basis of innovation, quality and
performance, price, and brand image.
The top vendors in the
market are
- Dynasol
- DuPont
- ExxonMobil
- PolyOne
- LCY
Other
providers in the market include A. Schulman, Alliance Polymer and
Services, Asahi Kasei, API, BASF, Entec Polymers, JSR, Kumho
Polychem, LG Chem, Lubrizol, LyondellBasell, Mitsubishi Chemical,
Sichuan Sunplas, Teknor Apex, Vi-Chem, and Zeon.
Key questions answered in
the report include
- What will the market size and the growth rate be in 2019?
- What are the key factors driving the thermoplastic vulcanizates market?
- What are the key market trends impacting the growth of the thermoplastic vulcanizates market?
- What are the challenges to market growth?
- Who are the key vendors in the TPV market?
- What are the market opportunities and threats faced by the vendors in the TPV market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the TPV market?
Technavio
also offers customization on reports based on specific client
requirement.
Browse More PressRelease:
Table
of Contents
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
PART 03: Market research
methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast by
volume and revenue
Five forces analysis
PART 06: Market segmentation by
application
Global TPV market in automotive
Global TPV market in fluid
handling and construction
Global TPV market in medical
Global TPV market in consumer
goods and other
PART 07: Geographical
segmentation
TPV market in Americas
TPV market in APAC
TPV market in EMEA
PART 08: Key leading countries
PART 09: Market drivers
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