Market revenue in 2022 | USD 454.0 million |
Market revenue in 2030 | USD 856.7 million |
Growth rate | 8.3% (CAGR from 2022 to 2030) |
Largest segment | Automotive |
Fastest growing segment | Medical |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Automotive, Fluid Handling, Consumer goods, Medical, Footwear, Athletic Shoes |
Key market players worldwide | JSR Corp, Exxon Mobil Corp, DuPont de Nemours Inc, Mitsui Chemicals Inc, Celanese Corp Class A, LyondellBasell Industries NV Class A, Mitsubishi Electric Corp, Ravago Chemicals, Kumho Petrochemical, Avient Corp, Ravago |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 vulcanizates market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 59.32% in 2022. Horizon Databook has segmented the Asia Pacific thermoplastic vulcanizates market based on automotive, fluid handling, consumer goods, medical, footwear, athletic shoes covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is expected to be one of the fastest-growing markets over the forecast period, primarily driven by the ascending demand for the product from key industries, including automotive, electrical & electronics, and building and construction, in emerging economies, such as China and India.
Asia Pacific is one of the largest manufacturing hubs for vehicles and electronic components. The growing demand for high-performance & lightweight vehicles and durable electronics has led to the increased demand for TPV in these industries. TPV offer better flexibility and durability compared to other thermoplastics elastomers, hence, the penetration of TPV is increasing significantly in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific thermoplastic vulcanizates market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific thermoplastic vulcanizates market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account