
The global Thermoplastic Elastomers (TPE) market size is predicted to grow from US$ 15090 million in 2025 to US$ 19720 million in 2031; it is expected to grow at a CAGR of 4.6% from 2025 to 2031.
Thermoplastic Elastomers are the class of polymers which consist of thermoplastics and elastomeric properties. Thermoplastic elastomers consist of several properties such as high flexibility, slip resistance, electric absorption, ergonomic comfort and soft texture.
Global Thermoplastic Elastomers (TPE) key players include DuPont, Arkema SA, ExxonMobil, DOW Chemical, etc.
North America is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 50 percent.
In terms of product, Styrene-based TPE (SBCs) is the largest segment, with a share about 40%. And in terms of application, the largest application is Footwear, followed by Automobile, Building and construction, etc.
The “Thermoplastic Elastomers (TPE) Industry Forecast” looks at past sales and reviews total world Thermoplastic Elastomers (TPE) sales in 2024, providing a comprehensive analysis by region and market sector of projected Thermoplastic Elastomers (TPE) sales for 2025 through 2031. With Thermoplastic Elastomers (TPE) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermoplastic Elastomers (TPE) industry.
This Insight Report provides a comprehensive analysis of the global Thermoplastic Elastomers (TPE) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermoplastic Elastomers (TPE) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Thermoplastic Elastomers (TPE) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermoplastic Elastomers (TPE) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermoplastic Elastomers (TPE).
This report presents a comprehensive overview, market shares, and growth opportunities of Thermoplastic Elastomers (TPE) market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Styrene-based TPE (SBCs)
Thermoplastic Polyolefins
Thermoplastic Polyurethanes
Polyether Ester TPE(TPEE)
Others
Segmentation by Application:
Footwear
Automobile
Building and Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Kraton Polymers
DOW Chemical
BASF SE
Dynasol
LG Chem
PolyOne
Asahi Chemical
Versalis
Mitsubishi
Sibur
Chevron Phillips
Kumho Petrochemical
DuPont
ExxonMobil
JSR
Kuraray
Arkema SA
Sinopec
Lee Chang Yung
TSRC
CNPC
ChiMei
INEOS Styrolution
Avient Corporation
HEXPOL
LCY Technology Corp
Ningbo Changhong Polymer Scientific & Technical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermoplastic Elastomers (TPE) market?
What factors are driving Thermoplastic Elastomers (TPE) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermoplastic Elastomers (TPE) market opportunities vary by end market size?
How does Thermoplastic Elastomers (TPE) break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Thermoplastic Elastomers (TPE) Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Thermoplastic Elastomers (TPE) by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Thermoplastic Elastomers (TPE) by Country/Region, 2020, 2024 & 2031
2.2 Thermoplastic Elastomers (TPE) Segment by Type
2.2.1 Styrene-based TPE (SBCs)
2.2.2 Thermoplastic Polyolefins
2.2.3 Thermoplastic Polyurethanes
2.2.4 Polyether Ester TPE(TPEE)
2.2.5 Others
2.3 Thermoplastic Elastomers (TPE) Sales by Type
2.3.1 Global Thermoplastic Elastomers (TPE) Sales Market Share by Type (2020-2025)
2.3.2 Global Thermoplastic Elastomers (TPE) Revenue and Market Share by Type (2020-2025)
2.3.3 Global Thermoplastic Elastomers (TPE) Sale Price by Type (2020-2025)
2.4 Thermoplastic Elastomers (TPE) Segment by Application
2.4.1 Footwear
2.4.2 Automobile
2.4.3 Building and Construction
2.4.4 Others
2.5 Thermoplastic Elastomers (TPE) Sales by Application
2.5.1 Global Thermoplastic Elastomers (TPE) Sale Market Share by Application (2020-2025)
2.5.2 Global Thermoplastic Elastomers (TPE) Revenue and Market Share by Application (2020-2025)
2.5.3 Global Thermoplastic Elastomers (TPE) Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Thermoplastic Elastomers (TPE) Breakdown Data by Company
3.1.1 Global Thermoplastic Elastomers (TPE) Annual Sales by Company (2020-2025)
3.1.2 Global Thermoplastic Elastomers (TPE) Sales Market Share by Company (2020-2025)
3.2 Global Thermoplastic Elastomers (TPE) Annual Revenue by Company (2020-2025)
3.2.1 Global Thermoplastic Elastomers (TPE) Revenue by Company (2020-2025)
3.2.2 Global Thermoplastic Elastomers (TPE) Revenue Market Share by Company (2020-2025)
3.3 Global Thermoplastic Elastomers (TPE) Sale Price by Company
3.4 Key Manufacturers Thermoplastic Elastomers (TPE) Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Thermoplastic Elastomers (TPE) Product Location Distribution
3.4.2 Players Thermoplastic Elastomers (TPE) Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Thermoplastic Elastomers (TPE) by Geographic Region
4.1 World Historic Thermoplastic Elastomers (TPE) Market Size by Geographic Region (2020-2025)
4.1.1 Global Thermoplastic Elastomers (TPE) Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Thermoplastic Elastomers (TPE) Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Thermoplastic Elastomers (TPE) Market Size by Country/Region (2020-2025)
4.2.1 Global Thermoplastic Elastomers (TPE) Annual Sales by Country/Region (2020-2025)
4.2.2 Global Thermoplastic Elastomers (TPE) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Thermoplastic Elastomers (TPE) Sales Growth
4.4 APAC Thermoplastic Elastomers (TPE) Sales Growth
4.5 Europe Thermoplastic Elastomers (TPE) Sales Growth
4.6 Middle East & Africa Thermoplastic Elastomers (TPE) Sales Growth
5 Americas
5.1 Americas Thermoplastic Elastomers (TPE) Sales by Country
5.1.1 Americas Thermoplastic Elastomers (TPE) Sales by Country (2020-2025)
5.1.2 Americas Thermoplastic Elastomers (TPE) Revenue by Country (2020-2025)
5.2 Americas Thermoplastic Elastomers (TPE) Sales by Type (2020-2025)
5.3 Americas Thermoplastic Elastomers (TPE) Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Thermoplastic Elastomers (TPE) Sales by Region
6.1.1 APAC Thermoplastic Elastomers (TPE) Sales by Region (2020-2025)
6.1.2 APAC Thermoplastic Elastomers (TPE) Revenue by Region (2020-2025)
6.2 APAC Thermoplastic Elastomers (TPE) Sales by Type (2020-2025)
6.3 APAC Thermoplastic Elastomers (TPE) Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Thermoplastic Elastomers (TPE) by Country
7.1.1 Europe Thermoplastic Elastomers (TPE) Sales by Country (2020-2025)
7.1.2 Europe Thermoplastic Elastomers (TPE) Revenue by Country (2020-2025)
7.2 Europe Thermoplastic Elastomers (TPE) Sales by Type (2020-2025)
7.3 Europe Thermoplastic Elastomers (TPE) Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Thermoplastic Elastomers (TPE) by Country
8.1.1 Middle East & Africa Thermoplastic Elastomers (TPE) Sales by Country (2020-2025)
8.1.2 Middle East & Africa Thermoplastic Elastomers (TPE) Revenue by Country (2020-2025)
8.2 Middle East & Africa Thermoplastic Elastomers (TPE) Sales by Type (2020-2025)
8.3 Middle East & Africa Thermoplastic Elastomers (TPE) Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Thermoplastic Elastomers (TPE)
10.3 Manufacturing Process Analysis of Thermoplastic Elastomers (TPE)
10.4 Industry Chain Structure of Thermoplastic Elastomers (TPE)
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Thermoplastic Elastomers (TPE) Distributors
11.3 Thermoplastic Elastomers (TPE) Customer
12 World Forecast Review for Thermoplastic Elastomers (TPE) by Geographic Region
12.1 Global Thermoplastic Elastomers (TPE) Market Size Forecast by Region
12.1.1 Global Thermoplastic Elastomers (TPE) Forecast by Region (2026-2031)
12.1.2 Global Thermoplastic Elastomers (TPE) Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Thermoplastic Elastomers (TPE) Forecast by Type (2026-2031)
12.7 Global Thermoplastic Elastomers (TPE) Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Kraton Polymers
13.1.1 Kraton Polymers Company Information
13.1.2 Kraton Polymers Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.1.3 Kraton Polymers Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Kraton Polymers Main Business Overview
13.1.5 Kraton Polymers Latest Developments
13.2 DOW Chemical
13.2.1 DOW Chemical Company Information
13.2.2 DOW Chemical Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.2.3 DOW Chemical Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 DOW Chemical Main Business Overview
13.2.5 DOW Chemical Latest Developments
13.3 BASF SE
13.3.1 BASF SE Company Information
13.3.2 BASF SE Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.3.3 BASF SE Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 BASF SE Main Business Overview
13.3.5 BASF SE Latest Developments
13.4 Dynasol
13.4.1 Dynasol Company Information
13.4.2 Dynasol Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.4.3 Dynasol Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Dynasol Main Business Overview
13.4.5 Dynasol Latest Developments
13.5 LG Chem
13.5.1 LG Chem Company Information
13.5.2 LG Chem Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.5.3 LG Chem Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 LG Chem Main Business Overview
13.5.5 LG Chem Latest Developments
13.6 PolyOne
13.6.1 PolyOne Company Information
13.6.2 PolyOne Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.6.3 PolyOne Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 PolyOne Main Business Overview
13.6.5 PolyOne Latest Developments
13.7 Asahi Chemical
13.7.1 Asahi Chemical Company Information
13.7.2 Asahi Chemical Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.7.3 Asahi Chemical Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Asahi Chemical Main Business Overview
13.7.5 Asahi Chemical Latest Developments
13.8 Versalis
13.8.1 Versalis Company Information
13.8.2 Versalis Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.8.3 Versalis Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Versalis Main Business Overview
13.8.5 Versalis Latest Developments
13.9 Mitsubishi
13.9.1 Mitsubishi Company Information
13.9.2 Mitsubishi Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.9.3 Mitsubishi Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Mitsubishi Main Business Overview
13.9.5 Mitsubishi Latest Developments
13.10 Sibur
13.10.1 Sibur Company Information
13.10.2 Sibur Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.10.3 Sibur Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Sibur Main Business Overview
13.10.5 Sibur Latest Developments
13.11 Chevron Phillips
13.11.1 Chevron Phillips Company Information
13.11.2 Chevron Phillips Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.11.3 Chevron Phillips Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Chevron Phillips Main Business Overview
13.11.5 Chevron Phillips Latest Developments
13.12 Kumho Petrochemical
13.12.1 Kumho Petrochemical Company Information
13.12.2 Kumho Petrochemical Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.12.3 Kumho Petrochemical Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Kumho Petrochemical Main Business Overview
13.12.5 Kumho Petrochemical Latest Developments
13.13 DuPont
13.13.1 DuPont Company Information
13.13.2 DuPont Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.13.3 DuPont Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 DuPont Main Business Overview
13.13.5 DuPont Latest Developments
13.14 ExxonMobil
13.14.1 ExxonMobil Company Information
13.14.2 ExxonMobil Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.14.3 ExxonMobil Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 ExxonMobil Main Business Overview
13.14.5 ExxonMobil Latest Developments
13.15 JSR
13.15.1 JSR Company Information
13.15.2 JSR Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.15.3 JSR Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 JSR Main Business Overview
13.15.5 JSR Latest Developments
13.16 Kuraray
13.16.1 Kuraray Company Information
13.16.2 Kuraray Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.16.3 Kuraray Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Kuraray Main Business Overview
13.16.5 Kuraray Latest Developments
13.17 Arkema SA
13.17.1 Arkema SA Company Information
13.17.2 Arkema SA Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.17.3 Arkema SA Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Arkema SA Main Business Overview
13.17.5 Arkema SA Latest Developments
13.18 Sinopec
13.18.1 Sinopec Company Information
13.18.2 Sinopec Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.18.3 Sinopec Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.18.4 Sinopec Main Business Overview
13.18.5 Sinopec Latest Developments
13.19 Lee Chang Yung
13.19.1 Lee Chang Yung Company Information
13.19.2 Lee Chang Yung Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.19.3 Lee Chang Yung Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.19.4 Lee Chang Yung Main Business Overview
13.19.5 Lee Chang Yung Latest Developments
13.20 TSRC
13.20.1 TSRC Company Information
13.20.2 TSRC Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.20.3 TSRC Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.20.4 TSRC Main Business Overview
13.20.5 TSRC Latest Developments
13.21 CNPC
13.21.1 CNPC Company Information
13.21.2 CNPC Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.21.3 CNPC Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.21.4 CNPC Main Business Overview
13.21.5 CNPC Latest Developments
13.22 ChiMei
13.22.1 ChiMei Company Information
13.22.2 ChiMei Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.22.3 ChiMei Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.22.4 ChiMei Main Business Overview
13.22.5 ChiMei Latest Developments
13.23 INEOS Styrolution
13.23.1 INEOS Styrolution Company Information
13.23.2 INEOS Styrolution Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.23.3 INEOS Styrolution Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.23.4 INEOS Styrolution Main Business Overview
13.23.5 INEOS Styrolution Latest Developments
13.24 Avient Corporation
13.24.1 Avient Corporation Company Information
13.24.2 Avient Corporation Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.24.3 Avient Corporation Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.24.4 Avient Corporation Main Business Overview
13.24.5 Avient Corporation Latest Developments
13.25 HEXPOL
13.25.1 HEXPOL Company Information
13.25.2 HEXPOL Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.25.3 HEXPOL Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.25.4 HEXPOL Main Business Overview
13.25.5 HEXPOL Latest Developments
13.26 LCY Technology Corp
13.26.1 LCY Technology Corp Company Information
13.26.2 LCY Technology Corp Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.26.3 LCY Technology Corp Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.26.4 LCY Technology Corp Main Business Overview
13.26.5 LCY Technology Corp Latest Developments
13.27 Ningbo Changhong Polymer Scientific & Technical
13.27.1 Ningbo Changhong Polymer Scientific & Technical Company Information
13.27.2 Ningbo Changhong Polymer Scientific & Technical Thermoplastic Elastomers (TPE) Product Portfolios and Specifications
13.27.3 Ningbo Changhong Polymer Scientific & Technical Thermoplastic Elastomers (TPE) Sales, Revenue, Price and Gross Margin (2020-2025)
13.27.4 Ningbo Changhong Polymer Scientific & Technical Main Business Overview
13.27.5 Ningbo Changhong Polymer Scientific & Technical Latest Developments
14 Research Findings and Conclusion
*If Applicable.
