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Thermoplastic Elastomers Market, Global Outlook and Forecast 2023-2030

The global Thermoplastic Elastomers market was valued at US$ 20310 million in 2022 and is projected to reach US$ 24860 million by 2029, at a CAGR of 2.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Thermoplastic Elastomers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.



The China market for Global Thermoplastic Elastomers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Thermoplastic Elastomers market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


This report aims to provide a comprehensive presentation of the global market for Thermoplastic Elastomers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoplastic Elastomers. This report contains market size and forecasts of Thermoplastic Elastomers in global, including the following market information:


  • Global Thermoplastic Elastomers Market Revenue, 2018-2023, 2024-2030, ($ millions)

  • Global Thermoplastic Elastomers Market Sales, 2018-2023, 2024-2030, (K MT)

  • Global top five Thermoplastic Elastomers companies in 2022 (%)

Styrene-Based TPE (SBCs) Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Thermoplastic Elastomers include Kraton Polymers, DowDuPont, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis and Mitsubishi, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Thermoplastic Elastomers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Thermoplastic Elastomers Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Thermoplastic Elastomers Market Segment Percentages, by Type, 2022 (%)


  • Styrene-Based TPE (SBCs)

  • Thermoplastic Polyolefins

  • Thermoplastic Polyurethanes

  • Polyether Ester TPE(TPEE)

  • Others

Global Thermoplastic Elastomers Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Thermoplastic Elastomers Market Segment Percentages, by Application, 2022 (%)


  • Footwear

  • Automobile

  • Building & Construction

  • Others

Global Thermoplastic Elastomers Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K MT)

Global Thermoplastic Elastomers Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Thermoplastic Elastomers revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Thermoplastic Elastomers revenues share in global market, 2022 (%)

  • Key companies Thermoplastic Elastomers sales in global market, 2018-2023 (Estimated), (K MT)

  • Key companies Thermoplastic Elastomers sales share in global market, 2022 (%)

key players include:


  • Kraton Polymers

  • DowDuPont

  • BASF SE

  • Dynasol

  • LG Chem

  • PolyOne

  • Asahi Chemical

  • Versalis

  • Mitsubishi

  • Sibur

  • Chevron Phillips

  • Kumho Petrochemical

  • DowDuPont

  • ExxonMobil

  • JSR

  • Kuraray

  • Arkema SA

  • Sinopec

  • Lee Chang Yung

  • TSRC

  • CNPC

  • ChiMei

Chapter 1: Introduces the definition of Thermoplastic Elastomers, market overview.

Chapter 2: Global Thermoplastic Elastomers market size in revenue and volume.

Chapter 3: Detailed analysis of Thermoplastic Elastomers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Thermoplastic Elastomers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Thermoplastic Elastomers capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports1.1 Thermoplastic Elastomers Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global Thermoplastic Elastomers Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global Thermoplastic Elastomers Overall Market Size2.1 Global Thermoplastic Elastomers Market Size: 2022 VS 20302.2 Global Thermoplastic Elastomers Revenue, Prospects & Forecasts: 2018-20302.3 Global Thermoplastic Elastomers Sales: 2018-20303 Company Landscape3.1 Top Thermoplastic Elastomers Players in Global Market3.2 Top Global Thermoplastic Elastomers Companies Ranked by Revenue3.3 Global Thermoplastic Elastomers Revenue by Companies3.4 Global Thermoplastic Elastomers Sales by Companies3.5 Global Thermoplastic Elastomers Price by Manufacturer (2018-2023)3.6 Top 3 and Top 5 Thermoplastic Elastomers Companies in Global Market, by Revenue in 20223.7 Global Manufacturers Thermoplastic Elastomers Product Type3.8 Tier 1, Tier 2 and Tier 3 Thermoplastic Elastomers Players in Global Market3.8.1 List of Global Tier 1 Thermoplastic Elastomers Companies3.8.2 List of Global Tier 2 and Tier 3 Thermoplastic Elastomers Companies4 S

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