123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Thermoplastic Vulcanizates Market Industry Analysis Report, Regional Outlook Application

Profile Picture
By Author: Nikhil khadilkar
Total Articles: 576
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

The vulcanization of melted rubber with moldable polymer additives is called thermoplastic vulcanizates. They are composed of disperse and continuous phases embedded in a polyolefin matrix. The properties of thermoplastic vulcanizates are similar to that of EPDM rubber (ethylene propylene diene monomer (M- class) rubber). They are known for light weight, high strength, mechanical resistance, low cost of production, durability, and its reliable nature. Owing to these features, they are used in various applications such as automotive, fluid handling, consumer goods, and others.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/4704

The global thermoplastic vulcanizates market has been driven by the growing consumption of thermoplastic polymers in heavy end industries. It is predicted that the market is set to witness a higher growth due to an increase in the number of manufacturing units to produce polymer-based additives in automotive, chemical and construction industries.

Market Segmentation

The global thermoplastic vulcanizates market is further categorized into application ...
... segment. On the basis of application, the market is further segmented into automotive, fluid handling, consumer goods, and others. Among these, automotive segment holds the major share in the market due to various features offered by the product such as reliable, high standard performance, recyclability, safety, and other features. It is also predicted that the medical segment is set to expand at a higher CAGR due to growing demand of polymers in applications such as gaskets, thermoset rubber in medical devices, and others. The growing use of thermoplastic polymers in toothbrushes, shavers and food packaging sectors has promoted the consumer good segment confidently.

Segmental Analysis

The global Thermoplastic vulcanizates Market is spanned across five key regions of the world namely Asia Pacific, North America, Europe, Latin America and the Middle East & Africa. Among these, North America holds a major share in the market and is anticipated to continue its dominance due to rising demand of thermoplastic vulcanizates in end use industries. Asia Pacific is predicted to witness a higher CAGR owing to growing popularity of polymer-based additives in automotive, construction and industrial machinery. Europe has observed a rapid growth in the market due to stringent regulations set by the government to achieve sustainable development in the region. Moreover, Latin America and the Middle East & Africa have noticed a significant development in the market owing to growing demand of polymers in oil & gas, steel and petrochemical industries.

Access Report @ https://www.marketresearchfuture.com/reports/thermoplastic-vulcanizates-market-4704

Competitive Analysis

Some of the major players functioning in the global thermoplastic vulcanizates market are Arkema (France), Asahi Kasei Corporation (Japan), BASF SE(Germany), BAYER AG(Germany), The Dow Chemical Company (U.S.), Dow Corning Corporation (U.S.), Eni S.p.A. (Italy), Exxon Mobil Corporation (U.S.), Mitsubishi Chemical Holdings Corporation (Japan), among others.

Total Views: 129Word Count: 436See All articles From Author

Add Comment

Business Articles

1. 7 Signs You Need To Restore Your Sash Windows
Author: Sash Windows

2. How Can You Scale & Automate Your E-commerce Business?
Author: simplysolved

3. Uae Anti-money Laundering Legislation – What You Should Know
Author: Haroon Juma

4. Acetonitrile Uses, Storage, And More 101
Author: Magan Bhadani

5. 5 Tips On How To Prepare Your Home For Air Conditioning Installation
Author: Air Conditioning

6. 6 Reasons Why You Should Hire A Professional Food Photographer
Author: kanika panchal

7. How To Get Your Sa302 Tax Calculation & Tax Overview
Author: Holland Emery is a professional tax accountant.

8. Management By Exception: A Path Towards Touchless Procurement For Manufacturers
Author: conver gentis

9. Always Outsource The Trusted Book Keeping Services
Author: Adam Jones

10. Ever Green Scope Of Translation Services
Author: Steve Smith

11. Spot Welding Nickel Strips
Author: Amit Shah

12. Stainless Steel Seamless Pipes Manufacturers In India
Author: Ashwin Bhansali

13. Why You Require Feeralloys As A Steelmaking Company
Author: Anindya Bhaumik

14. Attractive Features Of Refractories And Their Manufacturers
Author: Anindya Bhaumik

15. Branding Without A Website Is Basically No Branding At All
Author: Arun Kumar

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: