South Africa Thermoplastic Vulcanizates Market Size & Outlook
South Africa thermoplastic vulcanizates market, 2018-2030 (US$M)
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South Africa thermoplastic vulcanizates market highlights
- The South Africa thermoplastic vulcanizates market generated a revenue of USD 5.1 million in 2022 and is expected to reach USD 10.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 9.1% from 2023 to 2030.
- In terms of segment, automotive was the largest revenue generating application in 2022.
- Medical is the most lucrative application segment registering the fastest growth during the forecast period.
Thermoplastic vulcanizates market data book summary
| Market revenue in 2022 | USD 5.1 million |
| Market revenue in 2030 | USD 10.2 million |
| Growth rate | 9.1% (CAGR from 2022 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | Medical |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.3% of the global thermoplastic vulcanizates market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia thermoplastic vulcanizates market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 10.2 million by 2030.
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Thermoplastic Vulcanizates Market Scope
Thermoplastic Vulcanizates Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa thermoplastic vulcanizates 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 vulcanizates market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 60.78% in 2022. Horizon Databook has segmented the South Africa 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.
- South Africa Thermoplastic Vulcanizates Application Outlook (Revenue, USD Million, 2018-2030)
- Automotive
- Fluid Handling
- Consumer goods
- Medical
- Footwear
- Athletic Shoes
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa thermoplastic vulcanizates market , including forecasts for subscribers. This country databook contains high-level insights into South Africa thermoplastic vulcanizates market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa thermoplastic vulcanizates market size, by application, 2018-2030 (US$M)
South Africa Thermoplastic Vulcanizates Market Outlook Share, 2022 & 2030 (US$M)
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