France Thermoplastic Elastomers Market Size & Outlook
France thermoplastic elastomers market, 2018-2030 (US$M)
Related Markets
France thermoplastic elastomers market highlights
- The France thermoplastic elastomers market generated a revenue of USD 713.1 million in 2023 and is expected to reach USD 1,078.0 million by 2030.
- The France market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, automotive was the largest revenue generating application in 2023.
- Industrial is the most lucrative application segment registering the fastest growth during the forecast period.
Thermoplastic elastomers market data book summary
| Market revenue in 2023 | USD 713.1 million |
| Market revenue in 2030 | USD 1,078.0 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | Industrial |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automotive, Electrical & Electronics, Industrial, Medical, Consumer Goods |
| Key market players worldwide | Basf SE, Arkema SA, DuPont de Nemours Inc, Covestro AG, China Petrochemical Development, Dynasol Group, Ems-Chemie Holding AG, Evonik Industries AG, LG Chem, LCY Chemical, The Lubrizol Corp, LyondellBasell Industries NV Class A, Tosoh Corp, Avient Corp, Teknor Apex, Dow Chemical, TSRC,Inc/dba Frank Parsons Co |
Other key industry trends
- In terms of revenue, France accounted for 2.8% of the global thermoplastic elastomers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany thermoplastic elastomers market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 1,078.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Thermoplastic Elastomers Market Scope
Thermoplastic Elastomers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France thermoplastic elastomers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thermoplastic elastomers market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 39.15% in 2023. Horizon Databook has segmented the France thermoplastic elastomers market based on automotive, electrical & electronics, industrial, medical, consumer goods covering the revenue growth of each sub-segment from 2018 to 2030.
France is increasingly prioritizing green energy to replace its existing coal power plants, which is in line with governmental initiatives aimed at achieving net-zero emission goals. Targeting a 55% reduction in greenhouse gas emissions by 2030, France is driving significant changes in its energy landscape.
In November 2023, France made a notable advancement by granting contracts to 54 onshore wind projects in its latest tender, exceeding the target capacity of 925 MW with a total of 931.31 MW. TPEs, recognized for their durability, flexibility, and resistance to extreme weather conditions, are increasingly being utilized in wind power generation, particularly in electronic applications.
They are used in the insulation of wires & cables, protective coatings for electronic components, and flexible connectors in wind turbines. This trend is enhancing the efficiency, reliability, and longevity of wind energy systems. Furthermore, the demand for TPEs is expected to grow with the rising demand for sustainable energy solutions.
Reasons to subscribe to France thermoplastic elastomers market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of France thermoplastic elastomers market databook
-
Our clientele includes a mix of thermoplastic elastomers market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the France thermoplastic elastomers market , including forecasts for subscribers. This country databook contains high-level insights into France thermoplastic elastomers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
France thermoplastic elastomers market size, by application, 2018-2030 (US$M)
France Thermoplastic Elastomers Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
