Report Ocean has released a research study titled “US Thermoplastic Elastomers (TPEs) Market” 2023 Forecast to 2031 Analysis by Market Trends.” This study offers precise economic forecasts, global assessments, and country-level insights. It provides a comprehensive view of the competitive market and includes an in-depth supply chain analysis to identify significant industry changes. The study explores the current market status, anticipated future growth, technological advancements, investment opportunities, market economics, and financial data. It thoroughly examines the market and offers insights based on a SWOT analysis of the industry.
What is the US Thermoplastic Elastomers (TPEs) Market growth?
In 2019, the US Thermoplastic Elastomers (TPEs) market was estimated at 1,256 thousand tons and is expected to grow to 1,495 thousand tons in 2026 with a growth rate of 4.5% over this period. This industry report offers market estimates and forecasts of the US market, followed by a detailed analysis of the product, applications. The US 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.
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The thermoplastic polyolefins (TPOs) segment held the largest market share of 28.4% 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. In 2019, the motor vehicles segment held the largest share of the market, and the adhesives, sealants, & coatings 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 coverage of the market across different market segments the report is a valuable asset for the existing players, new entrants and the future investors.
Why buy this report?
Get a detailed picture of the US Thermoplastic Elastomers (TPEs) Market
Identify segments/areas to invest in over the forecast period in the US Thermoplastic Elastomers (TPEs) Market
Understand the competitive environment, the markets leading players
Market Insights and Tools:
- The projected and forecasted revenue values are provided in constant U.S. dollars without adjustment for inflation.
- The estimation of product values and regional market sizes is conducted by market analysts, data analysts, and industry experts based on companies’ revenue and market applications.
- The data sources used for this research include reports from companies, international organizations, governments, market surveys, and relevant industry news.
- The analysis encompasses global market trends, incorporating historical data, estimations for 2023, and projections of compound annual growth rates (CAGRs) up to 2027.
- The market research encompasses historical and forecast data concerning demand, application details, price trends, and company shares by geography. Special emphasis is placed on key regions such as the United States, European Union, China, and others.
- Furthermore, the report offers insights into the primary drivers, challenges, opportunities, and risks in the market, along with supplier strategies. The profiles of key players are also presented, including discussions on their market shares in the global market.
Reasons to buy this report –
- Analyze market outlook with recent trends and SWOT analysis.
- Dynamic market scenario along with market growth opportunities for the coming years.
- Market segmentation analysis, including qualitative and quantitative research incorporating the impact of economic and non-economic aspects.
- Regional and national analyzes integrating supply and demand forces that are influencing market growth.
- Market value (millions of dollars) and volume (millions of units) data for each segment and sub-segment
- Competitive scenario involving the market share of the main players, along with the new projects and strategies adopted by the players in recent years.
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