Market Revenue Asia Pacific Thermoplastic Elastomers Market

is anticipated to further augment the regional market demandfrom 2015 to 2022.In 2014, Japan constituted for approximately 20% of the overallmarket share by volume. The market in the region is identified by supportive regulatory regulationspertaining to plastic usage in automotive component applications. In addition, automotive OEMs are dynamicallyimplementing thermoplastics as a substitute for metals to make available automobiles with improved performance and fuel efficiency simultaneously reducing total curb weight of the automobile.In 2014, India contributed to over 10% of the overall market volume. Favourable manufacturing conditions including cheap raw material, availability of skilled labour and low capital investment have resulted in many global automotive OEMs preferring their production bases to shift to India thus benefitting small scale TPE manufacturers in terms of supply and demand. Competitive Insights The market is fragmented with numerous players including BASF, DuPont, Arkema, Huntsman Corporation, Dow Chemical Co. Other key participants include Bayer Material Science, Advanced Elastomer Systems L.P., EMS Group, China Petroleum & Chemical Corporation, Dynasol Elastomer LLC, Kraton Polymer LLC, Evonik Industries,LG Chemicals, LyondellBasell Industries, LCY Chemical Corporation,Lubrizol Corporation, PolyOne Corporation, Nippon Polyurethane Industry Company Ltd,Teknor APEX Company, Kraiburg TPE,TSRC Corporation, Polymax TPE and RTP Company. Market Segment: Asia Pacific Thermoplastic Elastomers (TPE) Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022) • Styrenic block copolymers (SBC) • Thermoplastic polyurethane (TPU) • Thermoplastic polyolefins (TPO) • Thermoplastic vulcanizates (TPV) • Copolyester elastomers (COPE) • Others Asia Pacific Thermoplastic Elastomers (TPE) Regional Outlook (Volume Kilo Tons; Revenue, USD Million, 2012 - 2022) • China • India • Japan • Rest of Asia Pacific (RoAPAC) See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/advanced-materials

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