2018 Top 5 Thermoplastic Vulcanizates (TPV) Players in North America, Europe, Asia-Pacific, South America, Middle East and Africa

Published: June 2018
No. of Pages: 124
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Thermoplastic vulcanizates (TPV) are part of the thermoplastic elastomer (TPE) family of polymers, but are closest in elastomeric properties to EPDM thermoset rubber, combining the characteristics of vulcanized rubber with the processing properties of thermoplastics. TPV is a dynamically vulcanized alloy consisting mostly of fully cured EPDM rubber particles encapsulated in a polypropylene (PP) matrix.
ExxonMobil Chemical, Teknor Apex and Mitsui Chemicals are major players in the U.S. market. ExxonMobil Chemical is the market leader in the United States which hold about 74% market share.
In the past five years, the U.S. auto industry has shown a rapid growth rate. The automotive industry has greatly boosted the development of TPV industry. The market share of U.S. domestic manufacturers is declining. However, the share of Japanese and South Korean manufacturers is on the rise. In addition, manufacturers are shifting production bases. Much of this is due to regional competition (South Korea and China in the case of Japan and Eastern Europe in the case of Germany), by which manufacturers relocate to the lowest-cost location within a regional market. On this count, it is significant that Mexico—which has had access to the US market for more than 20 years via NAFTA—has seen its share of global production increase by just one percentage point over that period. This situation will change in the future. Companies such as Ford and Toyota will commit to building a new car plant in the US that will drive the development of the TPV.
The U.S. auto industry is mainly focused on Midwest and south. In 2016, Midwest holds 61% of the consumption share. At the same time, the automotive industry, industrial, home appliance industry is the main consumption applications of TPV. The automotive industry, industrial is the main driver of the TPV industry. In 2016, the automotive industry holds 62% of TPV consumption.
Over the next five years, LPI(LP Information) projects that Thermoplastic Vulcanizates (TPV) will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
- ExxonMobil Chemical
- Teknor Apex
- Mitsui Chemicals
- Dow Corning
- RTP Company
- Mitsubishi Chemical
- Zeon

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
- North America (United States, Canada and Mexico)
- Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
- Europe (Germany, UK, France, Italy and Russia etc.)
- South America (Brazil, Chile, Peru and Argentina)
- Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
- EPDM/PP Blends
- NR/PP Blends
- Others
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
- Automobile Industry
- Industrial
- Electronic Appliances
- Building & Construction
- Others

Published By: LP Information INC
Product Code: LP Information INC29461


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