logo
logo
Sign in

Thermoplastic Vulcanizates (TPV) Market Share, Size, Growth and Dynamics | Forecast To 2028

avatar
Rahul Sharma
Thermoplastic Vulcanizates (TPV) Market Share, Size, Growth and Dynamics | Forecast To 2028

Million Insights Market Research Released A New Research Report On Global Thermoplastic Vulcanizates (TPV) Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The Market, Comprehensively Analyzing Their Core Competencies, And Drawing A Competitive Landscape For The Market.

 

Pune, India: Oct. 30, 2019 - Thermoplastic Vulcanizates (TPV) Market is expected to reach USD 1.87 billion by 2020. The increasing demand for high performance and lightweight materials in the automotive sector is likely to have a positive impact on the growth of the product market. The change in preferences from metals to lightweight materials for improving fuel efficiency is expected to boost the market.

TPV possess elastomeric characteristics similar to EPDM thermoset rubber, merging the vulcanized rubber properties with processing attributes of thermoplastics. The product has its applications in the automotive, electrical, household appliances, healthcare and construction industries owing to attributes such as long-term aging durability, recyclable, and design flexibility.

To Get Sample Report visit @ https://www.millioninsights.com/industry-reports/thermoplastic-vulcanizates-tpv-market/request-sample

TPV applications can be broadly classified as automobiles, electrical appliances, medical & healthcare, consumer goods, coated fabrics, industrial goods, and construction.

The automobile sector contributes to over 59.8% of global TPV consumption in 2013. The product is the best alternative for replacing conventional materials owing to its superior properties over the conventional including high strength, flexibility, low weight, and abrasion resistance.

The demand for TPV is likely to witness the highest growth at a CAGR of over 7% during the analysis period, on account of the rising awareness regarding the use phthalate-free medical equipment and devices.

Regional Insights

North America contributed to over 34% of the total demand in 2013 dominating the market. The market is distinguished by various government schemes such as Corporate Average Fuel Economy (CAFE) program which enables the automotive manufacturers to reduce the weight of the automobiles resulting in increased fuel efficiency. This regional trend is likely to propel the product demand.

To Browse Complete Report visit @ https://www.millioninsights.com/industry-reports/thermoplastic-vulcanizates-tpv-market

Market Segment:

 

Global Thermoplastic Vulcanizates (TPV) Application Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2020)

  • Automotive
  • Fluid Handling
  • Consumer Goods
  • Medical

 

Global Thermoplastic Vulcanizates (TPV) Regional Outlook (Volume, Kilo Tons, Revenue, USD Million, 2012 - 2020)

  • North America
  • U.S.
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • Japan
  • China
  • Central & South America
  • Middle East & Africa

 

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

 

Contact Person:

Ryan Manuel

Research Support Specialist, USA

Email: [email protected]

 

Million Insights

Office No. 302, 3rd Floor, Manikchand Galleria,

Model Colony, Shivaji Nagar, Pune, MH, 411016 India

tel: 91-20-65300184

Email: [email protected]

Visit Our Blog: www.millioninsights.blogspot.com

 

collect
0
avatar
Rahul Sharma
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more