1	INTRODUCTION	29 
1.1	STUDY OBJECTIVES	29 
1.2	MARKET DEFINITION	29 
TABLE 1	DEFINITION OF TYPES	30 
1.2.1	INCLUSIONS & EXCLUSIONS	30 
1.3	MARKET SCOPE	31 
FIGURE 1	THERMOPLASTIC ELASTOMERS: MARKET SEGMENTATION	31 
1.3.1	REGIONS COVERED	31 
1.3.2	YEARS CONSIDERED	32 
1.4	CURRENCY CONSIDERED	32 
1.5	UNITS CONSIDERED	32 
1.6	LIMITATIONS	33 
1.7	STAKEHOLDERS	33 
1.8	SUMMARY OF CHANGES	33 
2	RESEARCH METHODOLOGY	34 
2.1	RESEARCH DATA	34 
FIGURE 2	THERMOPLASTIC ELASTOMERS MARKET: RESEARCH DESIGN	34 
2.1.1	SECONDARY DATA	35 
2.1.1.1	Key data from secondary sources	35 
2.1.2	PRIMARY DATA	35 
2.1.2.1	Key data from primary sources	36 
2.1.2.2	Breakdown of primary interviews	36 
2.1.2.3	Key primary participants	37 
2.2	BASE NUMBER CALCULATION	37 
2.2.1	SUPPLY-SIDE APPROACH	38 
2.3	MARKET SIZE ESTIMATION	38 
2.3.1	BOTTOM-UP APPROACH	39 
2.3.2	TOP-DOWN APPROACH	39 
2.4	DATA TRIANGULATION	40 
FIGURE 3	THERMOPLASTIC ELASTOMERS MARKET: DATA TRIANGULATION	40 
2.5	RESEARCH ASSUMPTIONS	41 
2.6	RECESSION IMPACT	41 
  
3	EXECUTIVE SUMMARY	42 
FIGURE 4	THERMOPLASTIC POLYOLEFIN TO BE LARGEST TYPE DURING FORECAST PERIOD	42 
FIGURE 5	FOOTWEAR TO BE FASTEST-GROWING END-USE INDUSTRY DURING FORECAST PERIOD	43 
FIGURE 6	ASIA PACIFIC TO BE FASTEST-GROWING REGION DURING FORECAST PERIOD	44 
4	PREMIUM INSIGHTS	45 
4.1	ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN THERMOPLASTIC ELASTOMERS MARKET	45 
FIGURE 7	INCREASED AWARENESS REGARDING SUSTAINABILITY TO BE MAJOR DRIVER OF MARKET	45 
4.2	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE AND COUNTRY	46 
FIGURE 8	STYRENIC BLOCK COPOLYMERS AND CHINA WERE MAJOR STAKEHOLDERS IN ASIA PACIFIC	46 
4.3	THERMOPLASTIC ELASTOMERS MARKET, BY TYPE	46 
FIGURE 9	STYRENIC BLOCK COPOLYMERS TO BE LARGEST SEGMENT, BY VOLUME, DURING FORECAST PERIOD	46 
4.4	THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY	47 
FIGURE 10	AUTOMOTIVE TO BE LARGEST END-USE INDUSTRY, BY VOLUME, DURING FORECAST PERIOD	47 
4.5	THERMOPLASTIC ELASTOMERS MARKET, BY REGION	47 
FIGURE 11	INDIA TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD	47 
5	MARKET OVERVIEW	48 
5.1	INTRODUCTION	48 
5.2	MARKET DYNAMICS	48 
FIGURE 12	DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THERMOPLASTIC ELASTOMERS MARKET	48 
5.2.1	DRIVERS	49 
5.2.1.1	Recovery of automotive industry and high demand for electric vehicles	49 
TABLE 2	GLOBAL AUTOMOTIVE VEHICLE PRODUCTION (MILLION UNITS), BY REGION, 2019–2021	49 
FIGURE 13	GLOBAL ELECTRIC VEHICLE SALES (MILLION UNITS), 2018–2021	50 
5.2.1.2	Stringent emission regulations and standards in developed countries	50 
5.2.1.3	Increasing demand for medical elastomers	51 
5.2.2	RESTRAINTS	51 
5.2.2.1	Higher cost of thermoplastic elastomers and increasing raw material prices	51 
FIGURE 14	CRUDE OIL PRICES, JANUARY 2019–JUNE 2022 (USD/BARREL)	52 
5.2.3	OPPORTUNITIES	52 
5.2.3.1	Emerging markets for biobased thermoplastic elastomers	52 
5.2.4	CHALLENGES	53 
5.2.4.1	Intra-thermoplastic elastomer component replacement	53 
  
5.3	TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS	53 
FIGURE 15	TRENDS/ DISRUPTIONS IMPACTING CUSTOMER BUSINESS	54 
5.4	VALUE/SUPPLY CHAIN ANALYSIS	54 
FIGURE 16	VALUE/SUPPLY CHAIN ANALYSIS	55 
5.5	ECOSYSTEM MAP	56 
FIGURE 17	KEY PLAYERS IN THERMOPLASTIC ELASTOMERS MARKET ECOSYSTEM	56 
TABLE 3	THERMOPLASTIC ELASTOMERS MARKET: ECOSYSTEM MAP	57 
5.6	TECHNOLOGY ANALYSIS	57 
5.6.1	EXTRUSION	57 
5.6.2	INJECTION MOLDING	58 
5.6.3	OVERMOLDING	58 
5.6.4	3D PRINTING WITH THERMOPLASTIC ELASTOMERS	59 
5.7	PATENT ANALYSIS	59 
FIGURE 18	NUMBER OF PATENTS GRANTED FOR THERMOPLASTIC ELASTOMERS MARKET, 2013–2022	60 
FIGURE 19	REGIONAL ANALYSIS OF PATENTS GRANTED FOR THERMOPLASTIC ELASTOMERS MARKET, 2013–2022	60 
TABLE 4	LIST OF FEW PATENTS IN THE THERMOPLASTIC ELASTOMERS MARKET, 2021–2022	61 
5.8	TRADE DATA	63 
5.8.1	EXPORT SCENARIO	63 
5.8.1.1	Export Scenario for HS Code: 400219	63 
TABLE 5	EXPORT SCENARIO FOR HS CODE: 400219, BY COUNTRY, 2020–2022 (USD MILLION)	63 
5.8.1.2	Export Scenario for HS Code: 390950	64 
TABLE 6	EXPORT SCENARIO FOR HS CODE: 390950, BY COUNTRY, 2020–2022 (USD MILLION)	64 
5.8.1.3	Export Scenario for HS Code: 390290	65 
TABLE 7	EXPORT SCENARIO FOR HS CODE: 390290, BY COUNTRY, 2020–2022 (USD MILLION)	65 
5.8.1.4	Export Scenario for HS Code: 400299	66 
TABLE 8	EXPORT SCENARIO FOR HS CODE: 400299, BY COUNTRY, 2020–2022 (USD MILLION)	66 
5.8.1.5	Export Scenario for HS Code: 390720	67 
TABLE 9	EXPORT SCENARIO FOR HS CODE: 390720, BY COUNTRY, 2019–2021 (USD MILLION)	67 
5.8.2	IMPORT SCENARIO	68 
5.8.2.1	Import Scenario for HS Code: 400219	68 
TABLE 10	IMPORT SCENARIO FOR HS CODE: 400219, BY COUNTRY, 2020–2022 (USD MILLION)	68 
5.8.2.2	Import Scenario for HS Code: 390950	69 
TABLE 11	IMPORT SCENARIO FOR HS CODE: 390950, BY COUNTRY, 2020–2022 (USD MILLION)	69 
5.8.2.3	Import Scenario for HS Code: 390290	70 
TABLE 12	IMPORT SCENARIO FOR HS CODE: 390290, BY COUNTRY, 2020–2022 (USD MILLION)	70 
5.8.2.4	Import Scenario for HS Code: 400299	71 
TABLE 13	IMPORT SCENARIO FOR HS CODE: 400299, BY COUNTRY, 2020–2022 (USD MILLION)	71 
5.8.2.5	Import Scenario for HS Code: 390720	72 
TABLE 14	IMPORT SCENARIO FOR HS CODE: 390720, BY COUNTRY, 2020–2022 (USD MILLION)	72 
5.9	KEY CONFERENCES AND EVENTS IN 2023–2024	73 
TABLE 15	KEY CONFERENCES AND EVENTS IN 2023–2024	73 
5.10	TARIFF AND REGULATORY LANDSCAPE	74 
5.10.1	TARIFFS RELATED TO THERMOPLASTIC ELASTOMERS MARKET	74 
TABLE 16	AVERAGE TARIFF RATES BY COUNTRY	74 
5.10.2	REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	75 
TABLE 17	NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	75 
TABLE 18	EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	76 
TABLE 19	ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS	76 
5.11	PORTER’S FIVE FORCES ANALYSIS	77 
FIGURE 20	THERMOPLASTIC ELASTOMERS MARKET: PORTER’S FIVE FORCES ANALYSIS	77 
TABLE 20	IMPACT OF PORTER’S FIVE FORCES ON THERMOPLASTIC ELASTOMERS MARKET	77 
5.11.1	THREAT OF NEW ENTRANTS	78 
5.11.2	THREAT OF SUBSTITUTES	78 
5.11.3	BARGAINING POWER OF SUPPLIERS	79 
5.11.4	BARGAINING POWER OF BUYERS	79 
5.11.5	INTENSITY OF COMPETITIVE RIVALRY	79 
5.12	KEY STAKEHOLDERS AND BUYING CRITERIA	80 
5.12.1	KEY STAKEHOLDERS IN BUYING PROCESS	80 
FIGURE 21	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP-END-USE INDUSTRIES	80 
TABLE 21	INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP-END-USE INDUSTRIES	80 
5.12.2	BUYING CRITERIA	81 
FIGURE 22	KEY BUYING CRITERIA FOR TOP END-USE INDUSTRIES	81 
TABLE 22	KEY BUYING CRITERIA FOR TOP END-USE INDUSTRIES	81 
5.13	RECESSION IMPACT: REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS	82 
5.14	CASE STUDY ANALYSIS	82 
5.14.1	ENHANCING PERFORMANCE AND PROFITABILITY THROUGH THERMOPLASTIC ELASTOMER MATERIAL SELECTION	82 
5.14.1.1	Challenge	82 
5.14.1.2	Solution	83 
5.14.1.3	Results	83 
5.14.2	ENHANCING EFFICIENCY AND RELIABILITY IN THERMOPLASTIC ELASTOMER PRODUCTION	83 
5.14.2.1	Challenge	83 
5.14.2.2	Solution	83 
5.14.2.3	Results	83 
5.14.3	TRANSFORMING FOOTWEAR INDUSTRY WITH COST-EFFICIENCY AND SUSTAINABILITY	84 
5.14.3.1	Challenge	84 
5.14.3.2	Solution	84 
5.14.3.3	Results	84 
5.15	MACROECONOMIC INDICATORS	84 
5.15.1	GLOBAL GDP OUTLOOK	84 
TABLE 23	GLOBAL GDP GROWTH PROJECTION, BY REGION, 2021–2028 (USD TRILLION)	85 
5.16	PRICING ANALYSIS	85 
5.16.1	AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY APPLICATION	85 
FIGURE 23	AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TOP-THREE APPLICATIONS	86 
TABLE 24	AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TOP-THREE APPLICATIONS (USD/KILOTON)	86 
5.16.2	AVERAGE SELLING PRICE TREND, BY REGION	86 
FIGURE 24	AVERAGE SELLING PRICE TREND, BY REGION (USD/KILOTON)	87 
TABLE 25	AVERAGE SELLING PRICE OF THERMOPLASTIC ELASTOMERS, BY REGION, 2021–2028 (USD/KILOTON)	87 
5.16.3	FACTORS AFFECTING PRICES	87 
6	THERMOPLASTIC ELASTOMERS MARKET, BY TYPE	88 
6.1	INTRODUCTION	89 
FIGURE 25	THERMOPLASTIC POLYOLEFIN TO REMAIN LARGEST MARKET SEGMENT	89 
TABLE 26	COMPARISON OF PROPERTIES OF DIFFERENT TYPES OF THERMOPLASTIC ELASTOMERS	89 
TABLE 27	THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	90 
TABLE 28	THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	90 
TABLE 29	THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	90 
TABLE 30	THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	91 
6.2	STYRENIC BLOCK COPOLYMER	91 
6.2.1	INCREASED USE OF STYRENIC BLOCK COPOLYMERS IN INDUSTRIAL APPLICATIONS TO BOOST DEMAND	91 
6.3	THERMOPLASTIC POLYURETHANE	92 
6.3.1	INCREASING ADOPTION OF THERMOPLASTIC POLYURETHANE IN FOOTWEAR INDUSTRY TO DRIVE MARKET	92 
6.4	THERMOPLASTIC POLYOLEFIN	92 
6.4.1	CONSOLIDATED MARKET TO IMPACT BARGAINING POWER OF BUYERS	92 
FIGURE 26	COMPOSITION OF THERMOPLASTIC POLYOLEFIN, BY PRODUCT TYPE	93 
6.5	THERMOPLASTIC VULCANIZATE	93 
6.5.1	INCREASING TRACTION OF THERMOPLASTIC VULCANIZATES IN AUTOMOTIVE INDUSTRY TO DRIVE MARKET	93 
6.6	POLYETHER BLOCK AMIDE ELASTOMER	94 
6.6.1	HIGH-PERFORMANCE CHARACTERISTICS TO INCREASE SUITABILITY IN INDUSTRIAL APPLICATIONS	94 
6.7	COPOLYESTER ETHER ELASTOMER	94 
6.7.1	INCREASING DEMAND IN AUTOMOTIVE INDUSTRY TO BOOST DEMAND	94 
7	THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY	95 
7.1	INTRODUCTION	96 
FIGURE 27	AUTOMOTIVE INDUSTRY TO HAVE LARGEST MARKET SHARE	96 
TABLE 31	THERMOPLASTIC ELASTOMERS: APPLICATIONS IN END-USE INDUSTRIES	97 
TABLE 32	THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	97 
TABLE 33	THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	98 
TABLE 34	THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	98 
TABLE 35	THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	99 
7.2	AUTOMOTIVE	99 
7.2.1	GROWTH IN ELECTRIC VEHICLE PRODUCTION TO DRIVE DEMAND FOR THERMOPLASTIC ELASTOMERS	99 
FIGURE 28	SALE OF ELECTRIC VEHICLES, BY REGION/COUNTRY, 2018–2022	100 
FIGURE 29	GLOBAL VEHICLE PRODUCTION DATA, 2018–2022	100 
7.3	BUILDING & CONSTRUCTION	101 
7.3.1	EXPECTED ECONOMIC RECOVERY AND GOVERNMENT ECONOMIC PACKAGES TO DRIVE MARKET	101 
7.4	FOOTWEAR	101 
7.4.1	ADVANCED PROPERTIES OF THERMOPLASTIC ELASTOMERS TO BOOST MARKET	101 
FIGURE 30	GLOBAL FOOTWEAR PRODUCTION SHARE IN 2022, BY REGION	102 
7.5	WIRES & CABLES	102 
7.5.1	INCREASING APPLICATIONS IN WIRES & CABLES TO DRIVE MARKET	102 
FIGURE 31	5G CONNECTIONS IN 2030, BY REGION	103 
7.6	MEDICAL	103 
7.6.1	COMPATIBILITY OF THERMOPLASTIC ELASTOMERS WITH MEDICAL DEVICES TO DRIVE MARKET	103 
7.7	ENGINEERING	104 
7.7.1	GROWTH OF MANUFACTURING SECTOR TO DRIVE SEGMENT	104 
7.8	OTHERS	104 
8	THERMOPLASTIC ELASTOMERS MARKET, BY REGION	105 
8.1	INTRODUCTION	106 
FIGURE 32	RAPIDLY GROWING MARKETS EMERGING AS NEW HOTSPOTS	106 
TABLE 36	THERMOPLASTIC ELASTOMERS MARKET, BY REGION, 2018–2021 (USD MILLION)	106 
TABLE 37	THERMOPLASTIC ELASTOMERS MARKET, BY REGION, 2022–2028 (USD MILLION)	107 
TABLE 38	THERMOPLASTIC ELASTOMERS MARKET, BY REGION, 2018–2021 (KILOTON)	107 
TABLE 39	THERMOPLASTIC ELASTOMERS MARKET, BY REGION, 2022–2028 (KILOTON)	107 
8.2	NORTH AMERICA	108 
8.2.1	NORTH AMERICA: RECESSION IMPACT	108 
FIGURE 33	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET SNAPSHOT	109 
TABLE 40	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	109 
TABLE 41	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	110 
TABLE 42	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (KILOTON)	110 
TABLE 43	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (KILOTON)	110 
TABLE 44	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	111 
TABLE 45	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	111 
TABLE 46	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	111 
TABLE 47	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	112 
TABLE 48	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	112 
TABLE 49	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	113 
TABLE 50	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	113 
TABLE 51	NORTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	114 
8.2.2	US	114 
8.2.2.1	Electric mobility to directly impact use of thermoplastic elastomers in vehicle production	114 
FIGURE 34	US: AUTOMOTIVE PRODUCTION, 2018–2023	115 
TABLE 52	US: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	115 
TABLE 53	US: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	116 
TABLE 54	US: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	116 
TABLE 55	US: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	116 
TABLE 56	US: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	117 
TABLE 57	US: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	117 
TABLE 58	US: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	118 
TABLE 59	US: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	118 
8.2.3	CANADA	119 
8.2.3.1	Growing construction industry to boost market	119 
TABLE 60	CANADA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	119 
TABLE 61	CANADA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	119 
TABLE 62	CANADA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	120 
TABLE 63	CANADA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	120 
TABLE 64	CANADA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	120 
TABLE 65	CANADA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	121 
TABLE 66	CANADA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	121 
TABLE 67	CANADA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	122 
8.2.4	MEXICO	122 
8.2.4.1	Investments and expansions in automotive industry to drive market	122 
TABLE 68	MEXICO: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	123 
TABLE 69	MEXICO: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	123 
TABLE 70	MEXICO: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	123 
TABLE 71	MEXICO: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	124 
TABLE 72	MEXICO: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	124 
TABLE 73	MEXICO: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	125 
TABLE 74	MEXICO: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	125 
TABLE 75	MEXICO: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	126 
  
8.3	ASIA PACIFIC	126 
8.3.1	ASIA PACIFIC: RECESSION IMPACT	126 
FIGURE 35	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET SNAPSHOT	127 
TABLE 76	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	128 
TABLE 77	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	128 
TABLE 78	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (KILOTON)	129 
TABLE 79	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (KILOTON)	129 
TABLE 80	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	129 
TABLE 81	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	130 
TABLE 82	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	130 
TABLE 83	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	130 
TABLE 84	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	131 
TABLE 85	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	131 
TABLE 86	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	132 
TABLE 87	ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	132 
8.3.2	CHINA	133 
8.3.2.1	Growth of automotive industry to drive market	133 
TABLE 88	CHINA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	133 
TABLE 89	CHINA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	134 
TABLE 90	CHINA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	134 
TABLE 91	CHINA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	134 
TABLE 92	CHINA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	135 
TABLE 93	CHINA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	135 
TABLE 94	CHINA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	136 
TABLE 95	CHINA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	136 
8.3.3	JAPAN	137 
8.3.3.1	Adherence to emission standards to drive market	137 
TABLE 96	JAPAN: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	137 
TABLE 97	JAPAN: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	138 
TABLE 98	JAPAN: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	138 
TABLE 99	JAPAN: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	138 
TABLE 100	JAPAN: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	139 
TABLE 101	JAPAN: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	139 
TABLE 102	JAPAN: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	140 
TABLE 103	JAPAN: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	140 
8.3.4	SOUTH KOREA	140 
8.3.4.1	Ambitious plans for expansion of electric vehicles to propel market	140 
TABLE 104	SOUTH KOREA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	141 
TABLE 105	SOUTH KOREA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	141 
TABLE 106	SOUTH KOREA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	142 
TABLE 107	SOUTH KOREA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	142 
TABLE 108	SOUTH KOREA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	142 
TABLE 109	SOUTH KOREA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	143 
TABLE 110	SOUTH KOREA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	143 
TABLE 111	SOUTH KOREA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	144 
8.3.5	INDIA	144 
8.3.5.1	FDI initiatives to drive market	144 
TABLE 112	INDIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	145 
TABLE 113	INDIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	145 
TABLE 114	INDIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	145 
TABLE 115	INDIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	146 
TABLE 116	INDIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	146 
TABLE 117	INDIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	147 
TABLE 118	INDIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	147 
TABLE 119	INDIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	148 
8.3.6	INDONESIA	148 
8.3.6.1	Growth of medical device industry to drive market	148 
TABLE 120	INDONESIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	149 
TABLE 121	INDONESIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	149 
TABLE 122	INDONESIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	149 
TABLE 123	INDONESIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	150 
TABLE 124	INDONESIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	150 
TABLE 125	INDONESIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	151 
TABLE 126	INDONESIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	151 
TABLE 127	INDONESIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	152 
8.3.7	TAIWAN	152 
8.3.7.1	Focus on digital transformation to drive market	152 
TABLE 128	TAIWAN: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	153 
TABLE 129	TAIWAN: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	153 
TABLE 130	TAIWAN: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	153 
TABLE 131	TAIWAN: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	154 
TABLE 132	TAIWAN: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	154 
TABLE 133	TAIWAN: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	155 
TABLE 134	TAIWAN: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	155 
TABLE 135	TAIWAN: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	156 
8.3.8	REST OF ASIA PACIFIC	156 
TABLE 136	REST OF ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	156 
TABLE 137	REST OF ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	157 
TABLE 138	REST OF ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	157 
TABLE 139	REST OF ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	157 
TABLE 140	REST OF ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	158 
TABLE 141	REST OF ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	158 
TABLE 142	REST OF ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	159 
TABLE 143	REST OF ASIA PACIFIC: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	159 
8.4	EUROPE	160 
8.4.1	EUROPE: RECESSION IMPACT	160 
TABLE 144	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	161 
TABLE 145	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	161 
TABLE 146	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (KILOTON)	162 
TABLE 147	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (KILOTON)	162 
TABLE 148	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	162 
TABLE 149	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	163 
TABLE 150	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	163 
TABLE 151	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	163 
TABLE 152	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	164 
TABLE 153	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	164 
TABLE 154	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	165 
TABLE 155	EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	165 
8.4.2	GERMANY	166 
8.4.2.1	Investments in electric mobility to boost market	166 
TABLE 156	GERMANY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	166 
TABLE 157	GERMANY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	167 
TABLE 158	GERMANY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	167 
TABLE 159	GERMANY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	167 
TABLE 160	GERMANY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	168 
TABLE 161	GERMANY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	168 
TABLE 162	GERMANY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	169 
TABLE 163	GERMANY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	169 
8.4.3	UK	169 
8.4.3.1	Increasing use of electric vehicles to drive market	169 
FIGURE 36	VEHICLE REGISTRATION DATA, BY FUEL TYPE, JANUARY 2022 VS. JANUARY 2023	170 
TABLE 164	UK: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	170 
TABLE 165	UK: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	171 
TABLE 166	UK: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	171 
TABLE 167	UK: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	171 
TABLE 168	UK: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	172 
TABLE 169	UK: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	172 
TABLE 170	UK: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	173 
TABLE 171	UK: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	173 
8.4.4	FRANCE	173 
8.4.4.1	Ambitious initiatives in electric vehicle and sustainable transportation industries to drive demand	173 
TABLE 172	FRANCE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	174 
TABLE 173	FRANCE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	174 
TABLE 174	FRANCE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	175 
TABLE 175	FRANCE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	175 
TABLE 176	FRANCE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	175 
TABLE 177	FRANCE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	176 
TABLE 178	FRANCE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	176 
TABLE 179	FRANCE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	177 
8.4.5	RUSSIA	177 
8.4.5.1	Resurgence in construction industry to drive market	177 
TABLE 180	RUSSIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	178 
TABLE 181	RUSSIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	178 
TABLE 182	RUSSIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	178 
TABLE 183	RUSSIA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	179 
TABLE 184	RUSSIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	179 
TABLE 185	RUSSIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	180 
TABLE 186	RUSSIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	180 
TABLE 187	RUSSIA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	181 
8.4.6	ITALY	181 
8.4.6.1	Growth of advanced manufacturing technologies to boost market	181 
TABLE 188	ITALY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	182 
TABLE 189	ITALY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	182 
TABLE 190	ITALY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	182 
TABLE 191	ITALY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	183 
TABLE 192	ITALY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	183 
TABLE 193	ITALY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	184 
TABLE 194	ITALY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	184 
TABLE 195	ITALY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	185 
8.4.7	TURKEY	185 
8.4.7.1	Growing footwear industry to boost market	185 
TABLE 196	TURKEY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	185 
TABLE 197	TURKEY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	186 
TABLE 198	TURKEY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	186 
TABLE 199	TURKEY: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	186 
TABLE 200	TURKEY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	187 
TABLE 201	TURKEY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	187 
TABLE 202	TURKEY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	188 
TABLE 203	TURKEY: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	188 
8.4.8	REST OF EUROPE	189 
TABLE 204	REST OF EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	189 
TABLE 205	REST OF EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	189 
TABLE 206	REST OF EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	190 
TABLE 207	REST OF EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	190 
TABLE 208	REST OF EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	190 
TABLE 209	REST OF EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	191 
TABLE 210	REST OF EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	191 
TABLE 211	REST OF EUROPE: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	192 
8.5	MIDDLE EAST & AFRICA	192 
8.5.1	MIDDLE EAST & AFRICA: RECESSION IMPACT	192 
TABLE 212	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	193 
TABLE 213	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	193 
TABLE 214	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (KILOTON)	193 
TABLE 215	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (KILOTON)	194 
TABLE 216	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	194 
TABLE 217	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	194 
TABLE 218	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	195 
TABLE 219	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	195 
TABLE 220	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	195 
TABLE 221	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	196 
TABLE 222	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	196 
TABLE 223	MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	197 
8.5.2	GULF COOPERATION COUNCIL COUNTRIES	197 
8.5.2.1	Investments in building & construction industry to propel demand	197 
TABLE 224	GCC COUNTRIES: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	198 
TABLE 225	GCC COUNTRIES: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	198 
TABLE 226	GCC COUNTRIES: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	198 
TABLE 227	GCC COUNTRIES: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	199 
TABLE 228	GCC COUNTRIES: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	199 
TABLE 229	GCC COUNTRIES: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	200 
TABLE 230	GCC COUNTRIES: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	200 
TABLE 231	GCC COUNTRIES: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	201 
8.5.3	SOUTH AFRICA	201 
8.5.3.1	Growing end-use industries to support market growth	201 
TABLE 232	SOUTH AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	202 
TABLE 233	SOUTH AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	202 
TABLE 234	SOUTH AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	202 
TABLE 235	SOUTH AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	203 
TABLE 236	SOUTH AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	203 
TABLE 237	SOUTH AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	204 
TABLE 238	SOUTH AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	204 
TABLE 239	SOUTH AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	205 
8.5.4	REST OF MIDDLE EAST & AFRICA	205 
TABLE 240	REST OF MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	205 
TABLE 241	REST OF MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	206 
TABLE 242	REST OF MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	206 
TABLE 243	REST OF MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	206 
TABLE 244	REST OF MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	207 
TABLE 245	REST OF MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	207 
TABLE 246	REST OF MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	208 
TABLE 247	REST OF MIDDLE EAST & AFRICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	208 
8.6	SOUTH AMERICA	209 
8.6.1	SOUTH AMERICA: RECESSION IMPACT	209 
TABLE 248	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (USD MILLION)	209 
TABLE 249	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (USD MILLION)	209 
TABLE 250	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2018–2021 (KILOTON)	210 
TABLE 251	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY COUNTRY, 2022–2028 (KILOTON)	210 
TABLE 252	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	210 
TABLE 253	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	211 
TABLE 254	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	211 
TABLE 255	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	211 
TABLE 256	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	212 
TABLE 257	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	212 
TABLE 258	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	213 
TABLE 259	SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	213 
8.6.2	BRAZIL	213 
8.6.2.1	Strong recovery of automobile end-use industry to boost growth	213 
TABLE 260	BRAZIL: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	214 
TABLE 261	BRAZIL: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	214 
TABLE 262	BRAZIL: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	214 
TABLE 263	BRAZIL: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	215 
TABLE 264	BRAZIL: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	215 
TABLE 265	BRAZIL: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	216 
TABLE 266	BRAZIL: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	216 
TABLE 267	BRAZIL: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	217 
8.6.3	ARGENTINA	217 
8.6.3.1	Government push for investments in automotive industry to drive demand	217 
TABLE 268	ARGENTINA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	218 
TABLE 269	ARGENTINA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	218 
TABLE 270	ARGENTINA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	218 
TABLE 271	ARGENTINA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	219 
TABLE 272	ARGENTINA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	219 
TABLE 273	ARGENTINA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	220 
TABLE 274	ARGENTINA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	220 
TABLE 275	ARGENTINA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	221 
8.6.4	REST OF SOUTH AMERICA	221 
TABLE 276	REST OF SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (USD MILLION)	221 
TABLE 277	REST OF SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (USD MILLION)	222 
TABLE 278	REST OF SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2018–2021 (KILOTON)	222 
TABLE 279	REST OF SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY TYPE, 2022–2028 (KILOTON)	222 
TABLE 280	REST OF SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (USD MILLION)	223 
TABLE 281	REST OF SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (USD MILLION)	223 
TABLE 282	REST OF SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2018–2021 (KILOTON)	224 
TABLE 283	REST OF SOUTH AMERICA: THERMOPLASTIC ELASTOMERS MARKET, BY END-USE INDUSTRY, 2022–2028 (KILOTON)	224 
9	COMPETITIVE LANDSCAPE	225 
9.1	KEY PLAYER STRATEGIES/RIGHT TO WIN	225 
TABLE 284	STRATEGIES DEPLOYED BY KEY PLAYERS, 2019–2023	225 
9.2	REVENUE ANALYSIS	226 
FIGURE 37	REVENUE OF KEY PLAYERS, 2018–2022	226 
9.3	MARKET SHARE ANALYSIS	227 
FIGURE 38	SHARE OF KEY PLAYERS IN THERMOPLASTIC ELASTOMERS MARKET, 2022	227 
TABLE 285	THERMOPLASTIC ELASTOMERS MARKET: INTENSITY OF COMPETITIVE RIVALRY	228 
9.4	COMPANY EVALUATION MATRIX	228 
9.4.1	STARS	228 
9.4.2	EMERGING LEADERS	228 
9.4.3	PERVASIVE PLAYERS	228 
9.4.4	PARTICIPANTS	229 
FIGURE 39	COMPANY EVALUATION MATRIX, 2022	229 
9.4.5	COMPANY FOOTPRINT	230 
TABLE 286	REGIONAL FOOTPRINT OF KEY PLAYERS	230 
TABLE 287	PRODUCT FOOTPRINT OF KEY PLAYERS	230 
TABLE 288	APPLICATION FOOTPRINT OF KEY PLAYERS	231 
TABLE 289	COMPANY FOOTPRINT OF KEY PLAYERS	231 
9.5	STARTUP/SME EVALUATION MATRIX	232 
9.5.1	PROGRESSIVE COMPANIES	232 
9.5.2	RESPONSIVE COMPANIES	232 
9.5.3	DYNAMIC COMPANIES	232 
9.5.4	STARTING BLOCKS	232 
FIGURE 40	STARTUP/SME EVALUATION MATRIX, 2022	233 
9.5.5	COMPETITIVE BENCHMARKING	234 
TABLE 290	THERMOPLASTIC ELASTOMERS MARKET: DETAILED LIST OF KEY STARTUPS/SMES	234 
TABLE 291	THERMOPLASTIC ELASTOMERS MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [STARTUPS/SMES]	235 
9.6	COMPETITIVE SCENARIOS AND TRENDS	236 
9.6.1	PRODUCT/SERVICE LAUNCHES	236 
TABLE 292	PRODUCT/SERVICE LAUNCHES, 2021–2022	236 
9.6.2	DEALS	237 
TABLE 293	DEALS, 2019–2020	237 
9.6.3	OTHERS	238 
TABLE 294	OTHERS, 2019–2023	238 
10	COMPANY PROFILES	239 
(Business overview, Products offered, Recent developments & MnM View)* 
10.1	KEY PLAYERS	239 
10.1.1	ARKEMA SA	239 
TABLE 295	ARKEMA SA: COMPANY OVERVIEW	239 
FIGURE 41	ARKEMA SA: COMPANY SNAPSHOT	240 
TABLE 296	ARKEMA SA: PRODUCT LAUNCHES	241 
TABLE 297	ARKEMA SA: DEALS	241 
TABLE 298	ARKEMA SA: OTHERS	242 
10.1.2	ASAHI KASEI CORPORATION	243 
TABLE 299	ASAHI KASEI CORPORATION: COMPANY OVERVIEW	243 
FIGURE 42	ASAHI KASEI CORPORATION: COMPANY SNAPSHOT	243 
TABLE 300	ASAHI KASEI CORPORATION: PRODUCT LAUNCHES	244 
TABLE 301	ASAHI KASEI CORPORATION: DEALS	245 
10.1.3	BASF SE	246 
TABLE 302	BASF SE: COMPANY OVERVIEW	246 
FIGURE 43	BASF SE: COMPANY SNAPSHOT	247 
TABLE 303	BASF SE: DEALS	248 
TABLE 304	BASF SE: OTHERS	248 
10.1.4	THE DOW CHEMICAL COMPANY	250 
TABLE 305	THE DOW CHEMICAL COMPANY: COMPANY OVERVIEW	250 
FIGURE 44	THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT	250 
TABLE 306	THE DOW CHEMICAL COMPANY: OTHERS	251 
10.1.5	COVESTRO AG	252 
TABLE 307	COVESTRO AG: COMPANY OVERVIEW	252 
FIGURE 45	COVESTRO AG: COMPANY SNAPSHOT	252 
TABLE 308	COVESTRO AG: PRODUCT LAUNCHES	253 
TABLE 309	COVESTRO AG: DEALS	253 
TABLE 310	COVESTRO AG: OTHERS	254 
10.1.6	HUNTSMAN CORPORATION	255 
TABLE 311	HUNTSMAN CORPORATION: COMPANY OVERVIEW	255 
FIGURE 46	HUNTSMAN CORPORATION: COMPANY SNAPSHOT	255 
TABLE 312	HUNTSMAN CORPORATION: PRODUCT LAUNCHES	256 
TABLE 313	HUNTSMAN CORPORATION: DEALS	257 
TABLE 314	HUNTSMAN CORPORATION: OTHERS	257 
10.1.7	EXXON MOBIL CORPORATION	259 
TABLE 315	EXXON MOBIL CORPORATION: COMPANY OVERVIEW	259 
FIGURE 47	EXXON MOBIL CORPORATION: COMPANY SNAPSHOT	259 
TABLE 316	EXXON MOBIL CORPORATION: PRODUCT LAUNCHES	260 
TABLE 317	EXXON MOBIL CORPORATION: OTHERS	260 
10.1.8	MITSUBISHI CHEMICAL GROUP CORPORATION	261 
TABLE 318	MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY OVERVIEW	261 
FIGURE 48	MITSUBISHI CHEMICAL GROUP CORPORATION: COMPANY SNAPSHOT	262 
TABLE 319	MITSUBISHI CHEMICAL GROUP CORPORATION: PRODUCT LAUNCHES	263 
TABLE 320	MITSUBISHI CHEMICAL HOLDINGS CORPORATION: DEALS	263 
10.1.9	LUBRIZOL CORPORATION	264 
TABLE 321	LUBRIZOL CORPORATION: COMPANY OVERVIEW	264 
TABLE 322	LUBRIZOL CORPORATION: PRODUCT LAUNCHES	265 
TABLE 323	LUBRIZOL CORPORATION: OTHERS	265 
10.1.10	DUPONT DE NEMOURS, INC.	266 
TABLE 324	DUPONT DE NEMOURS, INC.: COMPANY OVERVIEW	266 
FIGURE 49	DUPONT DE NEMOURS, INC.: COMPANY SNAPSHOT	266 
TABLE 325	DUPONT DE NEMOURS, INC.: OTHERS	267 
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies. 
10.2	OTHER PLAYERS	268 
10.2.1	SIBUR HOLDING	268 
TABLE 326	SIBUR HOLDING: COMPANY OVERVIEW	268 
10.2.2	DYNASOL GROUP	269 
TABLE 327	DYNASOL GROUP: COMPANY OVERVIEW	269 
10.2.3	CELANESE CORPORATION	270 
TABLE 328	CELANESE CORPORATION: COMPANY OVERVIEW	270 
10.2.4	ZEON CORPORATION	271 
TABLE 329	ZEON CORPORATION: COMPANY OVERVIEW	271 
10.2.5	LYONDELLBASELL INDUSTRIES N.V.	272 
TABLE 330	LYONDELLBASELL INDUSTRIES N.V.: COMPANY OVERVIEW	272 
10.2.6	ELASTRON	272 
TABLE 331	ELASTRON: COMPANY OVERVIEW	272 
10.2.7	ALPHAGARY GROUP	273 
TABLE 332	ALPHAGARY GROUP: COMPANY OVERVIEW	273 
10.2.8	WASHINGTON PENN	273 
TABLE 333	WASHINGTON PENN: COMPANY OVERVIEW	273 
10.2.9	HEXPOL AB	274 
TABLE 334	HEXPOL AB: COMPANY OVERVIEW	274 
10.2.10	NOBLE POLYMERS, INC.	275 
TABLE 335	NOBLE POLYMERS, INC.: COMPANY OVERVIEW	275 
10.2.11	TEKNOR APEX COMPANY	275 
TABLE 336	TEKNOR APEX COMPANY: COMPANY OVERVIEW	275 
10.2.12	GAF	276 
TABLE 337	GAF: COMPANY OVERVIEW	276 
10.2.13	SHENZHEN HAOSU INDUSTRIAL CO., LTD.	276 
TABLE 338	SHENZHEN HAOSU INDUSTRIAL CO., LTD.: COMPANY OVERVIEW	276 
10.2.14	DHRUV POLYCHEM PVT. LTD.	277 
TABLE 339	DHRUV POLYCHEM PVT. LTD.: COMPANY OVERVIEW	277 
10.2.15	RTP COMPANY	277 
TABLE 340	RTP COMPANY: COMPANY OVERVIEW	277 
11	ADJACENT AND RELATED MARKETS	278 
11.1	INTRODUCTION	278 
11.2	LIMITATIONS	278 
11.3	THERMOPLASTIC POLYOLEFIN MARKET	278 
11.3.1	MARKET DEFINITION	278 
11.3.2	MARKET OVERVIEW	279 
11.4	THERMOPLASTIC POLYOLEFIN MARKET, BY TYPE	279 
TABLE 341	THERMOPLASTIC POLYOLEFIN MARKET, BY TYPE, 2019–2022 (USD MILLION)	279 
TABLE 342	THERMOPLASTIC POLYOLEFIN MARKET, BY TYPE, 2023–2028 (USD MILLION)	280 
TABLE 343	THERMOPLASTIC POLYOLEFIN MARKET, BY TYPE, 2019–2022 (TON)	280 
TABLE 344	THERMOPLASTIC POLYOLEFIN MARKET, BY TYPE, 2023–2028 (TON)	280 
11.5	THERMOPLASTIC POLYOLEFIN MARKET, BY APPLICATION	280 
TABLE 345	THERMOPLASTIC POLYOLEFIN MARKET, BY APPLICATION, 2019–2022 (USD MILLION)	281 
TABLE 346	THERMOPLASTIC POLYOLEFIN MARKET, BY APPLICATION, 2023–2028 (USD MILLION)	281 
TABLE 347	THERMOPLASTIC POLYOLEFIN MARKET, BY APPLICATION, 2019–2022 (TON)	281 
TABLE 348	THERMOPLASTIC POLYOLEFIN MARKET, BY APPLICATION, 2023–2028 (TON)	282 
11.6	THERMOPLASTIC POLYOLEFIN MARKET, BY REGION	282 
TABLE 349	THERMOPLASTIC POLYOLEFIN MARKET, BY REGION, 2019–2022 (TON)	282 
TABLE 350	THERMOPLASTIC POLYOLEFIN MARKET, BY REGION, 2023–2028 (TON)	283 
TABLE 351	THERMOPLASTIC POLYOLEFIN MARKET, BY REGION, 2019–2022 (USD MILLION)	283 
TABLE 352	THERMOPLASTIC POLYOLEFIN MARKET, BY REGION, 2023–2028 (USD MILLION)	283 
12	APPENDIX	284 
12.1	DISCUSSION GUIDE	284 
12.2	KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL	286 
12.3	CUSTOMIZATION OPTIONS	288 
12.4	RELATED REPORTS	288 
12.5	AUTHOR DETAILS	289 |