Press Release

Thermoplastic Elastomers Market Growth Fueled by Automotive & Medical Demand

Pune, December 30, 2025Global Data Route Analytics announces the release of its comprehensive report titled “Global Thermoplastic Elastomers Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2035.” This 500-page PDF report delivers in-depth insights into the global thermoplastic elastomers (TPE) industry, projecting its market value to grow from USD 24.10 billion in 2024 to USD 38.90 billion by 2035, reflecting a compound annual growth rate (CAGR) of 6.3%.

Thermoplastic elastomers continue to gain significant traction due to their unique properties combining the processability of plastics with the elasticity of rubbers. Their widespread applications across automotive, consumer goods, electronics, footwear, medical devices, and industrial sectors make them vital materials in various manufacturing ecosystems.

For a free sample of the report, please contact us here: 

https://globaldatarouteanalytics.com/report/330/global-thermoplastic-elastomers-market/download

Key Market Insights

The report segments the market in detail by type, application, end-use industry, and region, offering granular analysis across:

By Type

• Styrenic Block Copolymers (SBC)
• Thermoplastic Polyolefin Elastomers (TPO)
• Thermoplastic Vulcanizates (TPV)
• Thermoplastic Polyurethanes (TPU)
• Copolyester Elastomers (COPE)
• Others

By Application

• Automotive
• Consumer Goods
• Construction
• Electrical & Electronics
• Medical Devices
• Industrial
• Footwear

By End-Use Industry

• Automotive & Transportation
• Healthcare & Medical
• Consumer Goods & Appliances
• Building & Construction
• Electrical & Electronics
• Others

For any inquiry related to this report, please click here: 

https://globaldatarouteanalytics.com/report/330/global-thermoplastic-elastomers-market/inquiry

Geographical Coverage

The report provides comprehensive regional and country-level insights, covering:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, UK, France, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Taiwan, Australia, Rest of APAC)
  • Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of South America)

Competitive Landscape

Key companies operating in the global TPE market include:

Dow Inc.
BASF SE
Kraton Corporation
Lanxess AG
Mitsui Chemicals, Inc.
RTP Company
Teknor Apex Company
Evonik Industries AG
PolyOne Corporation (Now Avient Corporation)
ExxonMobil Chemical Company

These players are leveraging innovation and regional expansion strategies to gain competitive advantage in the evolving TPE landscape.

For discounts related to this report, explore here: 

https://globaldatarouteanalytics.com/report/330/global-thermoplastic-elastomers-market/discount

About Global Data Route Analytics

Global Data Route Analytics is a market research and consulting firm that provides businesses with data analysis, market forecasts, and tailored reports across various industries. The company uses advanced data analysis techniques, proprietary data, and an expert team to help clients understand market trends, make informed decisions, and develop strategies. They focus on delivering customized solutions, competitive intelligence, and growth strategies to help businesses succeed in their respective markets.


Media Contact:
Srushti Tungar
Global Data Route Analytics