Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 121 Pages
Report ld: 4205412
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Thermoplastic Elastomer Resin Market Size(US$)

CAGR 2025-2031
3.1%
Market Size,2031
USD 1,164
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Thermoplastic Elastomer Resin was valued at US$ 942 million in the year 2024 and is projected to reach a revised size of US$ 1164 million by 2031, growing at a CAGR of 3.1% during the forecast period.
Thermoplastic Elastomers (TPEs) are used to handle applications that require functions of both elastomers and thermoplastics for efficient functioning. TPEs have properties of both rubber as well as plastic. TPEs have application in automotive, building & construction, footwear, engineering, wires & cables, medical, and others. Styrenic Block Copolymers have the largest market share as of 2015 and is projected to retain its market position.
North American market for Thermoplastic Elastomer Resin is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Thermoplastic Elastomer Resin is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Thermoplastic Elastomer Resin include Kraton Polymers, DowDuPont, BASF SE, Dynasol, LG Chem, PolyOne, Asahi Chemical, Versalis, Mitsubishi, Sibur, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Thermoplastic Elastomer Resin, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoplastic Elastomer Resin.
The Thermoplastic Elastomer Resin market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Thermoplastic Elastomer Resin market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermoplastic Elastomer Resin manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermoplastic Elastomer Resin manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermoplastic Elastomer Resin by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermoplastic Elastomer Resin in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
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TABLE OF CONTENTS
1 Thermoplastic Elastomer Resin Market Overview
1.1 Product Definition
1.2 Thermoplastic Elastomer Resin by Type
1.2.1 Global Thermoplastic Elastomer Resin Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Styrene-based TPE (SBCs)
1.2.3 TPO/TPV
1.2.4 TPU
1.2.5 Polyether Ester TPE(TPEE)
1.2.6 Others
1.3 Thermoplastic Elastomer Resin by Application
1.3.1 Global Thermoplastic Elastomer Resin Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Footwear
1.3.3 Automobile
1.3.4 Building & Construction
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Thermoplastic Elastomer Resin Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Thermoplastic Elastomer Resin Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Thermoplastic Elastomer Resin Production Estimates and Forecasts (2020-2031)
1.4.4 Global Thermoplastic Elastomer Resin Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Thermoplastic Elastomer Resin Production Market Share by Manufacturers (2020-2025)
2.2 Global Thermoplastic Elastomer Resin Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Thermoplastic Elastomer Resin, Industry Ranking, 2023 VS 2024
2.4 Global Thermoplastic Elastomer Resin Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Thermoplastic Elastomer Resin Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Thermoplastic Elastomer Resin, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Thermoplastic Elastomer Resin, Product Offered and Application
2.8 Global Key Manufacturers of Thermoplastic Elastomer Resin, Date of Enter into This Industry
2.9 Thermoplastic Elastomer Resin Market Competitive Situation and Trends
2.9.1 Thermoplastic Elastomer Resin Market Concentration Rate
2.9.2 Global 5 and 10 Largest Thermoplastic Elastomer Resin Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Thermoplastic Elastomer Resin Production by Region
3.1 Global Thermoplastic Elastomer Resin Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Thermoplastic Elastomer Resin Production Value by Region (2020-2031)
3.2.1 Global Thermoplastic Elastomer Resin Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Thermoplastic Elastomer Resin by Region (2026-2031)
3.3 Global Thermoplastic Elastomer Resin Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Thermoplastic Elastomer Resin Production Volume by Region (2020-2031)
3.4.1 Global Thermoplastic Elastomer Resin Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Thermoplastic Elastomer Resin by Region (2026-2031)
3.5 Global Thermoplastic Elastomer Resin Market Price Analysis by Region (2020-2025)
3.6 Global Thermoplastic Elastomer Resin Production and Value, Year-over-Year Growth
3.6.1 North America Thermoplastic Elastomer Resin Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Thermoplastic Elastomer Resin Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Thermoplastic Elastomer Resin Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Thermoplastic Elastomer Resin Production Value Estimates and Forecasts (2020-2031)
4 Thermoplastic Elastomer Resin Consumption by Region
4.1 Global Thermoplastic Elastomer Resin Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Thermoplastic Elastomer Resin Consumption by Region (2020-2031)
4.2.1 Global Thermoplastic Elastomer Resin Consumption by Region (2020-2025)
4.2.2 Global Thermoplastic Elastomer Resin Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Thermoplastic Elastomer Resin Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Thermoplastic Elastomer Resin Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Thermoplastic Elastomer Resin Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Thermoplastic Elastomer Resin Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Thermoplastic Elastomer Resin Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Thermoplastic Elastomer Resin Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Thermoplastic Elastomer Resin Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Thermoplastic Elastomer Resin Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Thermoplastic Elastomer Resin Production by Type (2020-2031)
5.1.1 Global Thermoplastic Elastomer Resin Production by Type (2020-2025)
5.1.2 Global Thermoplastic Elastomer Resin Production by Type (2026-2031)
5.1.3 Global Thermoplastic Elastomer Resin Production Market Share by Type (2020-2031)
5.2 Global Thermoplastic Elastomer Resin Production Value by Type (2020-2031)
5.2.1 Global Thermoplastic Elastomer Resin Production Value by Type (2020-2025)
5.2.2 Global Thermoplastic Elastomer Resin Production Value by Type (2026-2031)
5.2.3 Global Thermoplastic Elastomer Resin Production Value Market Share by Type (2020-2031)
5.3 Global Thermoplastic Elastomer Resin Price by Type (2020-2031)
6 Segment by Application
6.1 Global Thermoplastic Elastomer Resin Production by Application (2020-2031)
6.1.1 Global Thermoplastic Elastomer Resin Production by Application (2020-2025)
6.1.2 Global Thermoplastic Elastomer Resin Production by Application (2026-2031)
6.1.3 Global Thermoplastic Elastomer Resin Production Market Share by Application (2020-2031)
6.2 Global Thermoplastic Elastomer Resin Production Value by Application (2020-2031)
6.2.1 Global Thermoplastic Elastomer Resin Production Value by Application (2020-2025)
6.2.2 Global Thermoplastic Elastomer Resin Production Value by Application (2026-2031)
6.2.3 Global Thermoplastic Elastomer Resin Production Value Market Share by Application (2020-2031)
6.3 Global Thermoplastic Elastomer Resin Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Kraton Polymers
7.1.1 Kraton Polymers Thermoplastic Elastomer Resin Company Information
7.1.2 Kraton Polymers Thermoplastic Elastomer Resin Product Portfolio
7.1.3 Kraton Polymers Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Kraton Polymers Main Business and Markets Served
7.1.5 Kraton Polymers Recent Developments/Updates
7.2 DowDuPont
7.2.1 DowDuPont Thermoplastic Elastomer Resin Company Information
7.2.2 DowDuPont Thermoplastic Elastomer Resin Product Portfolio
7.2.3 DowDuPont Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.2.4 DowDuPont Main Business and Markets Served
7.2.5 DowDuPont Recent Developments/Updates
7.3 BASF SE
7.3.1 BASF SE Thermoplastic Elastomer Resin Company Information
7.3.2 BASF SE Thermoplastic Elastomer Resin Product Portfolio
7.3.3 BASF SE Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.3.4 BASF SE Main Business and Markets Served
7.3.5 BASF SE Recent Developments/Updates
7.4 Dynasol
7.4.1 Dynasol Thermoplastic Elastomer Resin Company Information
7.4.2 Dynasol Thermoplastic Elastomer Resin Product Portfolio
7.4.3 Dynasol Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Dynasol Main Business and Markets Served
7.4.5 Dynasol Recent Developments/Updates
7.5 LG Chem
7.5.1 LG Chem Thermoplastic Elastomer Resin Company Information
7.5.2 LG Chem Thermoplastic Elastomer Resin Product Portfolio
7.5.3 LG Chem Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.5.4 LG Chem Main Business and Markets Served
7.5.5 LG Chem Recent Developments/Updates
7.6 PolyOne
7.6.1 PolyOne Thermoplastic Elastomer Resin Company Information
7.6.2 PolyOne Thermoplastic Elastomer Resin Product Portfolio
7.6.3 PolyOne Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.6.4 PolyOne Main Business and Markets Served
7.6.5 PolyOne Recent Developments/Updates
7.7 Asahi Chemical
7.7.1 Asahi Chemical Thermoplastic Elastomer Resin Company Information
7.7.2 Asahi Chemical Thermoplastic Elastomer Resin Product Portfolio
7.7.3 Asahi Chemical Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Asahi Chemical Main Business and Markets Served
7.7.5 Asahi Chemical Recent Developments/Updates
7.8 Versalis
7.8.1 Versalis Thermoplastic Elastomer Resin Company Information
7.8.2 Versalis Thermoplastic Elastomer Resin Product Portfolio
7.8.3 Versalis Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Versalis Main Business and Markets Served
7.8.5 Versalis Recent Developments/Updates
7.9 Mitsubishi
7.9.1 Mitsubishi Thermoplastic Elastomer Resin Company Information
7.9.2 Mitsubishi Thermoplastic Elastomer Resin Product Portfolio
7.9.3 Mitsubishi Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Mitsubishi Main Business and Markets Served
7.9.5 Mitsubishi Recent Developments/Updates
7.10 Sibur
7.10.1 Sibur Thermoplastic Elastomer Resin Company Information
7.10.2 Sibur Thermoplastic Elastomer Resin Product Portfolio
7.10.3 Sibur Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Sibur Main Business and Markets Served
7.10.5 Sibur Recent Developments/Updates
7.11 Chevron Phillips
7.11.1 Chevron Phillips Thermoplastic Elastomer Resin Company Information
7.11.2 Chevron Phillips Thermoplastic Elastomer Resin Product Portfolio
7.11.3 Chevron Phillips Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Chevron Phillips Main Business and Markets Served
7.11.5 Chevron Phillips Recent Developments/Updates
7.12 Kumho Petrochemical
7.12.1 Kumho Petrochemical Thermoplastic Elastomer Resin Company Information
7.12.2 Kumho Petrochemical Thermoplastic Elastomer Resin Product Portfolio
7.12.3 Kumho Petrochemical Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Kumho Petrochemical Main Business and Markets Served
7.12.5 Kumho Petrochemical Recent Developments/Updates
7.13 ExxonMobil
7.13.1 ExxonMobil Thermoplastic Elastomer Resin Company Information
7.13.2 ExxonMobil Thermoplastic Elastomer Resin Product Portfolio
7.13.3 ExxonMobil Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.13.4 ExxonMobil Main Business and Markets Served
7.13.5 ExxonMobil Recent Developments/Updates
7.14 JSR
7.14.1 JSR Thermoplastic Elastomer Resin Company Information
7.14.2 JSR Thermoplastic Elastomer Resin Product Portfolio
7.14.3 JSR Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.14.4 JSR Main Business and Markets Served
7.14.5 JSR Recent Developments/Updates
7.15 Kuraray
7.15.1 Kuraray Thermoplastic Elastomer Resin Company Information
7.15.2 Kuraray Thermoplastic Elastomer Resin Product Portfolio
7.15.3 Kuraray Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Kuraray Main Business and Markets Served
7.15.5 Kuraray Recent Developments/Updates
7.16 Arkema SA
7.16.1 Arkema SA Thermoplastic Elastomer Resin Company Information
7.16.2 Arkema SA Thermoplastic Elastomer Resin Product Portfolio
7.16.3 Arkema SA Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Arkema SA Main Business and Markets Served
7.16.5 Arkema SA Recent Developments/Updates
7.17 Sinopec
7.17.1 Sinopec Thermoplastic Elastomer Resin Company Information
7.17.2 Sinopec Thermoplastic Elastomer Resin Product Portfolio
7.17.3 Sinopec Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.17.4 Sinopec Main Business and Markets Served
7.17.5 Sinopec Recent Developments/Updates
7.18 Lee Chang Yung
7.18.1 Lee Chang Yung Thermoplastic Elastomer Resin Company Information
7.18.2 Lee Chang Yung Thermoplastic Elastomer Resin Product Portfolio
7.18.3 Lee Chang Yung Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.18.4 Lee Chang Yung Main Business and Markets Served
7.18.5 Lee Chang Yung Recent Developments/Updates
7.19 TSRC
7.19.1 TSRC Thermoplastic Elastomer Resin Company Information
7.19.2 TSRC Thermoplastic Elastomer Resin Product Portfolio
7.19.3 TSRC Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.19.4 TSRC Main Business and Markets Served
7.19.5 TSRC Recent Developments/Updates
7.20 CNPC
7.20.1 CNPC Thermoplastic Elastomer Resin Company Information
7.20.2 CNPC Thermoplastic Elastomer Resin Product Portfolio
7.20.3 CNPC Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.20.4 CNPC Main Business and Markets Served
7.20.5 CNPC Recent Developments/Updates
7.21 ChiMei
7.21.1 ChiMei Thermoplastic Elastomer Resin Company Information
7.21.2 ChiMei Thermoplastic Elastomer Resin Product Portfolio
7.21.3 ChiMei Thermoplastic Elastomer Resin Production, Value, Price and Gross Margin (2020-2025)
7.21.4 ChiMei Main Business and Markets Served
7.21.5 ChiMei Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Thermoplastic Elastomer Resin Industry Chain Analysis
8.2 Thermoplastic Elastomer Resin Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Thermoplastic Elastomer Resin Production Mode & Process Analysis
8.4 Thermoplastic Elastomer Resin Sales and Marketing
8.4.1 Thermoplastic Elastomer Resin Sales Channels
8.4.2 Thermoplastic Elastomer Resin Distributors
8.5 Thermoplastic Elastomer Resin Customer Analysis
9 Thermoplastic Elastomer Resin Market Dynamics
9.1 Thermoplastic Elastomer Resin Industry Trends
9.2 Thermoplastic Elastomer Resin Market Drivers
9.3 Thermoplastic Elastomer Resin Market Challenges
9.4 Thermoplastic Elastomer Resin Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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TABLE OF FIGURES
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