In 2019, the global Thermoplastic Elastomers (TPEs) market was estimated at 6,065 thousand tons and is expected to grow to 7,466 thousand tons in 2026 with a growth rate of 4.3% over this period. Asia Pacific is the most significant revenue contributor in the global thermoplastic elastomers (tpes) market. The region is expected to witness significant developments in the thermoplastic elastomers (tpes) market.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, applications, and regions. The global market data on thermoplastic elastomers (tpes) can be segmented by product: polyolefin elastomers (POEs), styrenic block copolymers (SBCs), thermoplastic polyolefins (TPOs), thermoplastic polyurethanes (TPUs), and others. The styrenic block copolymers (SBCs) segment held the largest market share of 36.8% in 2019. However, the polyolefin elastomers (POEs) segment is expected to witness the highest CAGR during the forecast period. Thermoplastic elastomers (tpes) market is further segmented by applications: adhesives, sealants, & coatings, asphalt & roofing, consumer goods, motor vehicles, and others. The adhesives, sealants, & coatings segment is expected to enjoy the highest CAGR through 2026.

The study provides historical market data (2016-2019) and forecasts from 2020 till 2026. The market size and estimations are provided in terms of volume (thousand tons) considering 2019 as base year and market forecast will be given from 2020 to 2026.

The data-centric report focuses on market trends, status and outlook for segments, and future growth. With comprehensive market assessment across the major geographies such as Asia Pacific, Eastern Europe, Middle East and Africa (MEA), North America, South America, and Western Europe the report is a valuable asset for the existing players, new entrants and the future investors.


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