Global Thermoplastic Vulcanizates Market to Grow at a CAGR of 6.3%, 2017-2021 with BASF, DuPont, Exxon Mobil, LCY Group & PolyOne Dominating

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31 Aug, 2017, 17:00 GMT

DUBLIN, August 31, 2017 /PRNewswire/ --

The "Global Thermoplastic Vulcanizates Market 2017-2021" report has been added to Research and Markets' offering.

The global thermoplastic vulcanizates market is forecast to grow at a CAGR of 6.31% during the period 2017-2021.

The report, Global Thermoplastic Vulcanizates Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the introduction of advanced TPVs by focusing on R&D. The increased competition observed within the TPV market, along with intense rivalry with other TPE markets, demands for innovative product launches. This has promptly led key players in the market to increase their focus and spending on R&D and other technological advances, resulting in the development of advanced TPVs. They perform better than regular TPVs in terms of functionality, cost efficiency, and sustainability. The innovation of advanced TPVs will help key players to differentiate their products in terms of performance when compared with regular TPVs.

According to the report, one of the major drivers for this market is the increased adoption in automotive industry. The global TPV market is mainly driven by the automotive industry, and it has the highest consumption share of the material in industrial applications. In the automotive industry, TPV is used to manufacture automotive exterior parts, such as mud guards, weather seals, glass run channel, door trim skin, side molding, roof molding, and roof antenna cover. In addition, TPVs are used in manufacturing automotive interior parts, such as interior skins, door trim, instrumental panel, airbag cover, and dashboard covers. The growing consumption of TPV in the motor vehicle sector for production of these parts, owing to lightweight and high oil, chemical, and heat resistance is the major driver of the global TPV market.

Key vendors

  • BASF
  • DuPont
  • Exxon Mobil
  • LCY Group
  • PolyOne

Other prominent vendors

  • Arkema
  • Schulman
  • Asahi Kasei
  • Dow Corning
  • Others

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By End-User

Part 07: Geographical Segmentation

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/kmgvtk/global

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