Data Bridge Market Research analyses that the global thermoplastic vulcanization market which was USD 2,174.30 million in 2022, would rocket up to USD 3,598.46 million by 2030, and is expected to undergo a CAGR of 6.50% during the forecast period. This indicates that the market value. The cosmetic personal care segment is expected to dominate the market as it provides smoothening properties to the products. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Thermoplastic vulcanizates (TPVs) are superior elastomers that provide glorious flexibility, easy process, durability, and resistance to heat, fluids, and chemicals. These options build them appropriate to be used within the production of lightweight automotive components, such as automotive doors, weather seals, and under-the-hood elements.
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Some of the major players operating in the thermoplastic vulcanization market are:
- JSR Corporation (Japan),
- Exxon Mobil Corporation (United States),
- RTP Company (United States),
- DuPont (United States),
- Mitsui Chemicals, Inc. (Japan),
- Celanese Corp. (United States),
- LyondellBasell Industries Holdings B.V. (Netherlands),
- Mitsubishi Chemical Corp. (Japan),
Global Thermoplastic Vulcanization Market Scope:
The thermoplastic vulcanization market is segmented on the basis of type, source and industry. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Segments:
Application
- Automotive
- Fluid Handling
- Consumer Goods
- Medical
- Footwear
- Others
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Global Thermoplastic Vulcanization Market Regional Analysis/Insights:
The thermoplastic vulcanization market is analyzed and market size insights and trends are provided by country and application as referenced above.
The countries covered in the thermoplastic vulcanization market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest Of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest Of Asia-Pacific, Brazil, Argentina, Rest Of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East And Africa
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