In 2019, the Europe Thermoplastic Elastomers (TPEs) market was estimated at 1,252 thousand tons and is expected to grow to 1,459 thousand tons in 2026 with a growth rate of 3.6% over this period. Germany is the most significant revenue contributor in the Europe 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 Europe market, followed by a detailed analysis of the product, applications, and countries. The Europe market data on thermoplastic elastomers (tpes) can be segmented by product: polyolefin elastomers (POEs), styrenic block copolymers (SBCs), thermoplastic polyolefins (TPOs), thermoplastic vulcanizates (TPVs), and others. The styrenic block copolymers (SBCs) segment held the largest market share in 2019. However, the thermoplastic vulcanizates (TPVs) segment is expected to witness the highest CAGR during the forecast period. Thermoplastic elastomers (tpes) market is further segmented by applications: asphalt & roofing, consumer goods, industrial products, motor vehicles, and others. In 2019, the motor vehicles segment held the largest share of the market, and the asphalt & roofing segment is anticipated to register the highest CAGR during 2020–2026.
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 Germany, France, Italy, United Kingdom, Spain, Russia, and Rest of Europe the report is a valuable asset for the existing players, new entrants and the future investors.
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