熱可塑性エラストマー(TPE)市場の規模、シェア、成長分析 : 2024-2032年までの予測

Thermoplastic Elastomer (TPE) Market Size, Share

Thermoplastic Elastomer (TPE) Market Size, Share & COVID-19 Impact Analysis, By Type (Styrenic Block Copolymers, Thermoplastic Polyurethane, Thermoplastic Vulcanizates, Thermoplastic Polyolefins, Copolyester Elastomers, and Others), By Application (Automotive, Building & Construction, Footwear, Electrical & Electronics, Medical, and Others), and Regional Forecast, 2024-2032

商品番号 : SMB-91460

出版社Fortune Business Insights
出版年月2025年11月
ページ数100
価格タイプシングルユーザライセンス
価格USD 4,850
種別英文調査報告書

熱可塑性エラストマー(TPE)市場規模、シェア、タイプ別(スチレン系ブロック共重合体、熱可塑性ポリウレタン、熱可塑性加硫物、熱可塑性ポリオレフィン、共ポリエステルエラストマー、その他)、用途別(自動車、建築・建設、履物、電気・電子、医療、その他)、および地域別予測 2024-2032

世界の熱可塑性エラストマー(TPE)市場規模は、2023年に239億1000万米ドルと推定され、自動車、建設、医療、消費財業界における需要の増加を背景に、予測期間中に大幅な成長が見込まれています。ゴムのような弾力性とプラスチックのような加工性を併せ持つTPEは、リサイクル性、軽量性、設計の柔軟性などの利点から、従来のエラストマーや熱硬化性ゴムに取って代わる材料としてますます普及しています。

軽量で燃費の良い自動車への関心の高まりは、自動車分野におけるTPEの採用を大幅に促進しました。さらに、包装材や消費財における持続可能な素材への需要の高まりも、TPEの需要を支えています。TPEは、医療用チューブ、ガスケット、履物、接着剤、電線・ケーブル、家電製品にも使用されています。

Growth Factors of Thermoplastic Elastomer (TPE) Market

The global thermoplastic elastomer (TPE) market size was valued at USD 23.91 billion in 2023 and is projected to grow significantly over the forecast period, driven by increased demand across automotive, construction, medical, and consumer goods industries. TPEs, known for their unique combination of rubber-like elasticity and plastic-like processability, are increasingly replacing traditional elastomers and thermoset rubbers due to advantages such as recyclability, lightweight nature, and design flexibility.

The rising emphasis on lightweight and fuel-efficient vehicles has significantly boosted the adoption of TPE in the automotive sector. In addition, growing preference for sustainable materials in packaging and consumer products is supporting TPE demand. TPEs also find applications in medical tubing, gaskets, footwear, adhesives, wires & cables, and household appliances.

Key Market Drivers

  • Automotive Sector Growth

The automotive industry accounts for a substantial share of global TPE consumption. With increasing pressure to reduce vehicle weight and improve fuel efficiency, automotive manufacturers are shifting towards lighter and more recyclable materials like TPE. These materials are used in weather seals, under-the-hood parts, interior trim, and exterior fascia systems.

  • Medical and Healthcare Applications

The medical industry increasingly adopts TPE due to its biocompatibility, flexibility, and sterilization capabilities. TPEs are used in syringe plungers, IV connectors, medical tubes, seals, and grips. The COVID-19 pandemic further accelerated medical-grade TPE consumption.

  • Rising Demand for Sustainable Packaging

Sustainability is a key growth driver in the packaging sector. TPEs provide enhanced product protection, resealability, and improved aesthetics, making them ideal for food packaging, personal care, and household goods.

Material Insights

The TPE market is segmented into various product types, such as:

  • Styrenic Block Copolymers (SBC)
  • Thermoplastic Polyurethanes (TPU)
  • Thermoplastic Polyolefins (TPO)
  • Thermoplastic Vulcanizates (TPV)
  • Copolyester Elastomers (COPE)
  • Polyether Block Amide (PEBA)

SBCs dominate the market due to their low cost and ease of processing, finding use in adhesives, sealants, and footwear. However, TPUs and TPVs are gaining traction in high-performance applications such as automotive and medical.

Regional Insights

Asia Pacific held the largest share of the global TPE market in 2023, with China, India, and Southeast Asia being key contributors due to expanding automotive production, consumer goods manufacturing, and infrastructure development.

  • Asia Pacific: Leading region, driven by large-scale manufacturing, construction boom, and automotive exports.
  • North America: Strong demand in automotive, medical, and packaging sectors, with increasing use of sustainable materials.
  • Europe: Robust demand due to strict environmental regulations and a strong automotive base in Germany and France.
  • Latin America and the Middle East & Africa: Moderate growth driven by infrastructural investments and industrial development.

Competitive Landscape

The TPE market is moderately consolidated, with major players investing in R&D, capacity expansion, and strategic collaborations to strengthen their market position. Leading companies include:

  • Kraton Corporation
  • BASF SE
  • Covestro AG
  • Mitsubishi Chemical Group Corporation
  • Dow Inc.
  • LyondellBasell Industries N.V.
  • Avient Corporation
  • LG Chem
  • SABIC
  • Teknor Apex

Companies are focusing on developing bio-based and recyclable TPEs to align with global sustainability trends.

Future Outlook

The thermoplastic elastomer (TPE) market is set for dynamic growth, supported by a shift toward lightweight, recyclable, and versatile materials across end-use sectors. With innovation in material science, integration of sustainable technologies, and increased investment in infrastructure and medical applications, the market is poised for strong expansion.

The combination of performance benefits, regulatory support for sustainable solutions, and ongoing industry innovation will continue to propel TPE adoption globally.

ATTRIBUTE        DETAILS

Study Period            2016-2027

Base Year                 2019

Forecast Period        2020-2027

Historical Period    2016-2018

Unit        Value (USD Million); Volume (Kiloton)

By Type

  • Styrenic Block Copolymers
  • Thermoplastic Polyurethane
  • Thermoplastic Vulcanizates
  • Thermoplastic Polyolefins
  • Copolyester elastomers
  • Others

By Application

  •  Automotive
  • Building & Construction
  • Footwear
  • Electrical & Electronics
  • Medical
  • Others

By Geography

  • North America (By Type, Application, and By Country)

o               U.S. (By Application)

o               Canada (By Application)

  • Europe (By Type, Application, and By Country)

o               Germany (By Application)

o               France (By Application)

o               UK (By Application)

o               Italy (By Application)

o               Spain (By Application)

o               Rest of Europe (By Application)

  • Asia Pacific (By Type, Application, and By Country)

o               China (By Application)

o               India (By Application)

o               Japan (By Application)

o               South Korea (By Application)

o               Rest of Asia Pacific (By Application)

  • Latin America (By Type, Application, and By Country)

o               Brazil (By Application)

o               Argentina (By Application)

o               Rest of Latin America (By Application)

  • The Middle East & Africa (By Type, Application, and By Country)

o               Saudi Arabia (By Application)

o               South Africa (By Application)

o               Rest of Middle East & Africa (By Application)

Table of Contents

1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
4.3. Latest Technological Advancement
4.4. Insights on Regulatory Scenario
4.5. Porters Five Forces Analysis
5. Qualitative Insights – Impact of COVID-19 on Global Thermoplastic Elastomer Market
5.1. Supply Chain Challenges
5.2. Steps taken by Government/Companies to overcome this impact
5.3. Potential opportunities due to COVID-19 outbreak
6. Global Thermoplastic Elastomer Market Analysis, Insights and Forecast, 2016-2027
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Type (Volume/Value)
6.2.1.1. Styrenic Block Copolymers
6.2.1.2. Thermoplastic Polyurethane
6.2.1.3. Thermoplastic Vulcanizates
6.2.1.4. Thermoplastic Polyolefins
6.2.1.5. Copolyester elastomers
6.2.1.6. Others
6.2.2. By Application (Volume/Value)
6.2.2.1. Automotive
6.2.2.2. Building & Construction
6.2.2.3. Footwear
6.2.2.4. Electrical & Electronics
6.2.2.5. Medical
6.2.2.6. Others
6.2.3. By Region (Volume/Value)
6.2.3.1. North America
6.2.3.2. Europe
6.2.3.3. Asia Pacific
6.2.3.4. Latin America
6.2.3.5. Middle East & Africa
7. North America Thermoplastic Elastomer Market Analysis, Insights and Forecast, 2016-2027
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Type (Volume/Value)
7.2.1.1. Styrenic Block Copolymers
7.2.1.2. Thermoplastic Polyurethane
7.2.1.3. Thermoplastic Vulcanizates
7.2.1.4. Thermoplastic Polyolefins
7.2.1.5. Copolyester elastomers
7.2.1.6. Others
7.2.2. By Application (Volume/Value)
7.2.2.1. Automotive
7.2.2.2. Building & Construction
7.2.2.3. Footwear
7.2.2.4. Electrical & Electronics
7.2.2.5. Medical
7.2.2.6. Others
7.2.3. By Country (Volume/Value)
7.2.3.1. U.S.
7.2.3.1.1. By Application (Volume/Value)
7.2.3.1.1.1. Automotive
7.2.3.1.1.2. Building & Construction
7.2.3.1.1.3. Footwear
7.2.3.1.1.4. Electrical & Electronics
7.2.3.1.1.5. Medical
7.2.3.1.1.6. Others
7.2.3.2. Canada
7.2.3.2.1. By Application (Volume/Value)
7.2.3.2.1.1. Automotive
7.2.3.2.1.2. Building & Construction
7.2.3.2.1.3. Footwear
7.2.3.2.1.4. Electrical & Electronics
7.2.3.2.1.5. Medical
7.2.3.2.1.6. Others
8. Europe Thermoplastic Elastomer Market Analysis, Insights and Forecast, 2016-2027
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Type (Volume/Value)
8.2.1.1. Styrenic Block Copolymers
8.2.1.2. Thermoplastic Polyurethane
8.2.1.3. Thermoplastic Vulcanizates
8.2.1.4. Thermoplastic Polyolefins
8.2.1.5. Copolyester elastomers
8.2.1.6. Others
8.2.2. By Application (Volume/Value)
8.2.2.1. Automotive
8.2.2.2. Building & Construction
8.2.2.3. Footwear
8.2.2.4. Electrical & Electronics
8.2.2.5. Medical
8.2.2.6. Others
8.2.3. By Country (Volume/Value)
8.2.3.1. Germany
8.2.3.1.1. By Application (Volume/Value)
8.2.3.1.1.1. Automotive
8.2.3.1.1.2. Building & Construction
8.2.3.1.1.3. Footwear
8.2.3.1.1.4. Electrical & Electronics
8.2.3.1.1.5. Medical
8.2.3.1.1.6. Others
8.2.3.2. France
8.2.3.2.1. By Application (Volume/Value)
8.2.3.2.1.1. Automotive
8.2.3.2.1.2. Building & Construction
8.2.3.2.1.3. Footwear
8.2.3.2.1.4. Electrical & Electronics
8.2.3.2.1.5. Medical
8.2.3.2.1.6. Others
8.2.3.3. UK
8.2.3.3.1. By Application (Volume/Value)
8.2.3.3.1.1. Automotive
8.2.3.3.1.2. Building & Construction
8.2.3.3.1.3. Footwear
8.2.3.3.1.4. Electrical & Electronics
8.2.3.3.1.5. Medical
8.2.3.3.1.6. Others
8.2.3.4. Italy
8.2.3.4.1. By Application (Volume/Value)
8.2.3.4.1.1. Automotive
8.2.3.4.1.2. Building & Construction
8.2.3.4.1.3. Footwear
8.2.3.4.1.4. Electrical & Electronics
8.2.3.4.1.5. Medical
8.2.3.4.1.6. Others
8.2.3.5. Spain
8.2.3.5.1. By Application (Volume/Value)
8.2.3.5.1.1. Automotive
8.2.3.5.1.2. Building & Construction
8.2.3.5.1.3. Footwear
8.2.3.5.1.4. Electrical & Electronics
8.2.3.5.1.5. Medical
8.2.3.5.1.6. Others
8.2.3.6. Rest of Europe
8.2.3.6.1. By Application (Volume/Value)
8.2.3.6.1.1. Automotive
8.2.3.6.1.2. Building & Construction
8.2.3.6.1.3. Footwear
8.2.3.6.1.4. Electrical & Electronics
8.2.3.6.1.5. Medical
8.2.3.6.1.6. Others
9. Asia-Pacific Thermoplastic Elastomer Market Analysis, Insights and Forecast, 2016-2027
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Type (Volume/Value)
9.2.1.1. Styrenic Block Copolymers
9.2.1.2. Thermoplastic Polyurethane
9.2.1.3. Thermoplastic Vulcanizates
9.2.1.4. Thermoplastic Polyolefins
9.2.1.5. Copolyester elastomers
9.2.1.6. Others
9.2.2. By Application (Volume/Value)
9.2.2.1. Automotive
9.2.2.2. Building & Construction
9.2.2.3. Footwear
9.2.2.4. Electrical & Electronics
9.2.2.5. Medical
9.2.2.6. Others
9.2.3. By Country (Volume/Value)
9.2.3.1. China
9.2.3.1.1. By Application (Volume/Value)
9.2.3.1.1.1. Automotive
9.2.3.1.1.2. Building & Construction
9.2.3.1.1.3. Footwear
9.2.3.1.1.4. Electrical & Electronics
9.2.3.1.1.5. Medical
9.2.3.1.1.6. Others
9.2.3.2. India
9.2.3.2.1. By Application (Volume/Value)
9.2.3.2.1.1. Automotive
9.2.3.2.1.2. Building & Construction
9.2.3.2.1.3. Footwear
9.2.3.2.1.4. Electrical & Electronics
9.2.3.2.1.5. Medical
9.2.3.2.1.6. Others
9.2.3.3. Japan
9.2.3.3.1. By Application (Volume/Value)
9.2.3.3.1.1. Automotive
9.2.3.3.1.2. Building & Construction
9.2.3.3.1.3. Footwear
9.2.3.3.1.4. Electrical & Electronics
9.2.3.3.1.5. Medical
9.2.3.3.1.6. Others
9.2.3.4. South Korea
9.2.3.4.1. By Application (Volume/Value)
9.2.3.4.1.1. Automotive
9.2.3.4.1.2. Building & Construction
9.2.3.4.1.3. Footwear
9.2.3.4.1.4. Electrical & Electronics
9.2.3.4.1.5. Medical
9.2.3.4.1.6. Others
9.2.3.5. Rest of Asia Pacific
9.2.3.5.1. By Application (Volume/Value)
9.2.3.5.1.1. Automotive
9.2.3.5.1.2. Building & Construction
9.2.3.5.1.3. Footwear
9.2.3.5.1.4. Electrical & Electronics
9.2.3.5.1.5. Medical
9.2.3.5.1.6. Others
10. Latin America Thermoplastic Elastomer Market Analysis, Insights and Forecast, 2016-2027
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Type (Volume/Value)
10.2.1.1. Styrenic Block Copolymers
10.2.1.2. Thermoplastic Polyurethane
10.2.1.3. Thermoplastic Vulcanizates
10.2.1.4. Thermoplastic Polyolefins
10.2.1.5. Copolyester elastomers
10.2.1.6. Others
10.2.2. By Application (Volume/Value)
10.2.2.1. Automotive
10.2.2.2. Building & Construction
10.2.2.3. Footwear
10.2.2.4. Electrical & Electronics
10.2.2.5. Medical
10.2.2.6. Others
10.2.3. By Country (Volume/Value)
10.2.3.1. Brazil
10.2.3.1.1. By Application (Volume/Value)
10.2.3.1.1.1. Automotive
10.2.3.1.1.2. Building & Construction
10.2.3.1.1.3. Footwear
10.2.3.1.1.4. Electrical & Electronics
10.2.3.1.1.5. Medical
10.2.3.1.1.6. Others
10.2.3.2. Argentina
10.2.3.2.1. By Application (Volume/Value)
10.2.3.2.1.1. Automotive
10.2.3.2.1.2. Building & Construction
10.2.3.2.1.3. Footwear
10.2.3.2.1.4. Electrical & Electronics
10.2.3.2.1.5. Medical
10.2.3.2.1.6. Others
10.2.3.3. Rest of Latin America
10.2.3.3.1. By Application (Volume/Value)
10.2.3.3.1.1. Automotive
10.2.3.3.1.2. Building & Construction
10.2.3.3.1.3. Footwear
10.2.3.3.1.4. Electrical & Electronics
10.2.3.3.1.5. Medical
10.2.3.3.1.6. Others
11. Middle East & Africa Thermoplastic Elastomer Market Analysis, Insights and Forecast, 2016-2027
11.1. Key Findings / Summary
11.2. Market Size Estimates and Forecast
11.2.1. By Type (Volume/Value)
11.2.1.1. Styrenic Block Copolymers
11.2.1.2. Thermoplastic Polyurethane
11.2.1.3. Thermoplastic Vulcanizates
11.2.1.4. Thermoplastic Polyolefins
11.2.1.5. Copolyester elastomers
11.2.1.6. Others
11.2.2. By Application (Volume/Value)
11.2.2.1. Automotive
11.2.2.2. Building & Construction
11.2.2.3. Footwear
11.2.2.4. Electrical & Electronics
11.2.2.5. Medical
11.2.2.6. Others
11.2.3. By Country (Volume/Value)
11.2.3.1. Saudi Arabia
11.2.3.1.1. By Application (Volume/Value)
11.2.3.1.1.1. Automotive
11.2.3.1.1.2. Building & Construction
11.2.3.1.1.3. Footwear
11.2.3.1.1.4. Electrical & Electronics
11.2.3.1.1.5. Medical
11.2.3.1.1.6. Others
11.2.3.2. South Africa
11.2.3.2.1. By Application (Volume/Value)
11.2.3.2.1.1. Automotive
11.2.3.2.1.2. Building & Construction
11.2.3.2.1.3. Footwear
11.2.3.2.1.4. Electrical & Electronics
11.2.3.2.1.5. Medical
11.2.3.2.1.6. Others
11.2.3.3. Rest of Middle East & Africa
11.2.3.3.1. By Application (Volume/Value)
11.2.3.3.1.1. Automotive
11.2.3.3.1.2. Building & Construction
11.2.3.3.1.3. Footwear
11.2.3.3.1.4. Electrical & Electronics
11.2.3.3.1.5. Medical
11.2.3.3.1.6. Others
12. Competitive Matrix
12.1. Business Strategies Adopted by Leading Players
12.2. Global Thermoplastic Elastomer Market Revenue Share/Ranking Analysis, By Key Manufacturer
13. Company Profiles
13.1. Arkema SA (Colombes, France)
13.1.1. Overview
13.1.2. Description
13.1.3. Product Portfolio
13.1.4. Financials (Data as available in public domain and/or on paid databases)
13.1.5. Recent Developments
13.2. Covestro AG (Leverkusen, Germany)
13.2.1. Overview
13.2.2. Description
13.2.3. Product Portfolio
13.2.4. Financials (Data as available in public domain and/or on paid databases)
13.2.5. Recent Developments
13.3. Evonik Industries AG (Essen, Germany)
13.3.1. Overview
13.3.2. Description
13.3.3. Product Portfolio
13.3.4. Financials (Data as available in public domain and/or on paid databases)
13.3.5. Recent Developments
13.4. Teknor APEX Company (Rhode Island, U.S.)
13.4.1. Overview
13.4.2. Description
13.4.3. Product Portfolio
13.4.4. Financials (Data as available in public domain and/or on paid databases)
13.4.5. Recent Developments
13.5. BASF SE (Ludwigshafen, Germany)
13.5.1. Overview
13.5.2. Description
13.5.3. Product Portfolio
13.5.4. Financials (Data as available in public domain and/or on paid databases)
13.5.5. Recent Developments
13.6. Huntsman Corporation (Texas, U.S.)
13.6.1. Overview
13.6.2. Description
13.6.3. Product Portfolio
13.6.4. Financials (Data as available in public domain and/or on paid databases)
13.6.5. Recent Developments
13.7. Sinopec Group (Beijing, China)
13.7.1. Overview
13.7.2. Description
13.7.3. Product Portfolio
13.7.4. Financials (Data as available in public domain and/or on paid databases)
13.7.5. Recent Developments
13.8. Lubrizol Corporation (Ohio, U.S.)
13.8.1. Overview
13.8.2. Description
13.8.3. Product Portfolio
13.8.4. Financials (Data as available in public domain and/or on paid databases)
13.8.5. Recent Developments
13.9. Kraton Corporation (Texas, U.S.)
13.9.1. Overview
13.9.2. Description
13.9.3. Product Portfolio
13.9.4. Financials (Data as available in public domain and/or on paid databases)
13.9.5. Recent Developments
13.10. Tosoh Corporation (Tokyo, Japan)
13.10.1. Overview
13.10.2. Description
13.10.3. Product Portfolio
13.10.4. Financials (Data as available in public domain and/or on paid databases)
13.10.5. Recent Developments
13.11. Other Key Players
13.11.1. Overview
13.11.2. Description
13.11.3. Product Portfolio
13.11.4. Financials (Data as available in public domain and/or on paid databases)
13.11.5. Recent Developments
14. Appendix