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PUBLISHER: Grand View Research | PRODUCT CODE: 1375935

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PUBLISHER: Grand View Research | PRODUCT CODE: 1375935

China Thermoplastic Vulcanizates Market Size, Share & Trends Analysis Report By Application (Automotive, Fluid Handling, Consumer Goods, Medical Devices), By Grade (General Purpose, Molding & Extrusion, Specialty), And Segment Forecasts, 2023 - 2030

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China Thermoplastic Vulcanizates Market Growth & Trends:

The China thermoplastic vulcanizates market is anticipated to reach USD 839.9 million by 2030, expanding at a CAGR of 11.4% from 2023 to 2030, according to a new report by Grand View Research, Inc.. Increasing thermoplastic vulcanizates (TPV) demand in automotive component production is anticipated to remain the key driving factor for regional market growth over the forecast period.

Increasing policy formulation by environmental protection agencies and governments across the globe to reduce carbon emission through improved fuel efficiency has compelled manufacturers to inculcate plastics as substitute alloys and metal in major automotive applications.

Rising consumer predilection for advanced and light weight passenger cars is expected to drive innovation and R&D in the regional automotive industry. Such factors have driven polymer consumption in automotive applications and are anticipated to fuel TPV demand.

However, thermoplastic vulcanizates exhibit excellent physical and chemical properties in comparison to thermoset plastics, thus gaining preference in terms of their application consumption.

It further finds application in end-use industries such as industrial, electronics and construction. Increasing usage as a replacement for non-environment friendly PVC coupled with rising construction spending in the country is anticipated to fuel growth over the forecast period.

China Thermoplastic Vulcanizates Market Report Highlights:

  • The automotive segment accounted for the largest revenue share of 62.3% in 2022. It is widely used in automotive seals, dust covers, air intake systems & ducts, pass-thru seals, and cooler hoses among other components.
  • The medical devices segment is expected to grow at the fastest CAGR of 12.1% during the forecast period. This is due to the wide range of applications of TPV in the medical device sector.
  • The molding & extrusion segment accounted for the largest revenue share of 50.5% in 2022 and is expected to grow at the fastest CAGR of 11.5% during the forecast period.
Product Code: 978-1-68038-993-7

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
    • 1.1.1. Application
    • 1.1.2. Grade
    • 1.1.3. Estimates and forecast timeline
  • 1.2. Research Methodology
  • 1.3. Information Procurement
    • 1.3.1. Purchased database
    • 1.3.2. GVR's internal database
    • 1.3.3. Secondary sources
    • 1.3.4. Primary research
    • 1.3.5. Details of primary research
  • 1.4. Information or Data Analysis
  • 1.5. Market Formulation & Validation
  • 1.6. Model Details
  • 1.7. List of Secondary Sources
  • 1.8. List of Primary Sources
  • 1.9. Objectives

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Segment Outlook
    • 2.2.1. Application outlook
    • 2.2.2. Grade outlook
  • 2.3. Competitive Insights

Chapter 3. China Thermoplastic Vulcanizates Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
  • 3.2. Penetration & Growth Prospect Mapping
  • 3.3. Value Chain Analysis
  • 3.4. Regulatory Framework
  • 3.5. Market Dynamics
    • 3.5.1. Market driver analysis
    • 3.5.2. Market restraint analysis
    • 3.5.3. Industry opportunities & challenges
  • 3.6. China Thermoplastic Vulcanizates Market Analysis Tools
    • 3.6.1. Industry analysis - Porter's
      • 3.6.1.1. Supplier power
      • 3.6.1.2. Buyer power
      • 3.6.1.3. Substitution threat
      • 3.6.1.4. Threat of new entrant
      • 3.6.1.5. Competitive rivalry
    • 3.6.2. PESTEL analysis
      • 3.6.2.1. Political landscape
      • 3.6.2.2. Technological landscape
      • 3.6.2.3. Economic landscape
      • 3.6.2.4. Social landscape
      • 3.6.2.5. Environmental landscape
      • 3.6.2.6. Legal landscape

Chapter 4. Supplier Portfolio Analysis

  • 4.1. List of Suppliers
  • 4.2. Kraljic Matrix
  • 4.3. Sourcing Best Practices
  • 4.4. Negotiation Strategies

Chapter 5. China Thermoplastic Vulcanizates: Application Estimates & Trend Analysis

  • 5.1. China Thermoplastic Vulcanizates Market: Key Takeaways
  • 5.2. China Thermoplastic Vulcanizates Market: Movement & Market Share Analysis, 2022 & 2030
  • 5.3. Automotive
    • 5.3.1. Automotive market estimates and forecasts, 2018 to 2030 (Kilo Tons, USD Million)
  • 5.4. Fluid Handling
    • 5.4.1. Fluid handling market estimates and forecasts, 2018 to 2030 (Kilo Tons, USD Million)
  • 5.5. Consumer Goods
    • 5.5.1. Consumer goods market estimates and forecasts, 2018 to 2030 (Kilo Tons, USD Million)
  • 5.6. Medical Devices
    • 5.6.1. Medical devices market estimates and forecasts, 2018 to 2030 (Kilo Tons, USD Million)
  • 5.7. Others
    • 5.7.1. Others market estimates and forecasts, 2018 to 2030 (Kilo Tons, USD Million)

Chapter 6. China Thermoplastic Vulcanizates: Grade Estimates & Trend Analysis

  • 6.1. China Thermoplastic Vulcanizates Market: Key Takeaways
  • 6.2. China Thermoplastic Vulcanizates Market: Movement & Market Share Analysis, 2022 & 2030
  • 6.3. General Purpose
    • 6.3.1. General purpose market estimates and forecasts, 2018 to 2030 (Kilo Tons, USD Million)
  • 6.4. Molding & Extrusion
    • 6.4.1. Molding & extrusion market estimates and forecasts, 2018 to 2030 (Kilo Tons, USD Million)
  • 6.5. Specialty
    • 6.5.1. Specialty market estimates and forecasts, 2018 to 2030 (Kilo Tons, USD Million)

Chapter 7. Competitive Landscape

  • 7.1. Recent Developments & Impact Analysis, By Key Market Participants
  • 7.2. Market Participant Categorization
    • 7.2.1. Exxon Mobil Corporation
      • 7.2.1.1. Company overview
      • 7.2.1.2. Financial performance
      • 7.2.1.3. Product benchmarking
      • 7.2.1.4. Strategic initiatives
    • 7.2.2. Teknor Apex
      • 7.2.2.1. Company overview
      • 7.2.2.2. Financial performance
      • 7.2.2.3. Product benchmarking
      • 7.2.2.4. Strategic initiatives
    • 7.2.3. RTP Company
      • 7.2.3.1. Company overview
      • 7.2.3.2. Financial performance
      • 7.2.3.3. Product benchmarking
      • 7.2.3.4. Strategic initiatives
    • 7.2.4. Mitsui Chemicals, Inc.
      • 7.2.4.1. Company overview
      • 7.2.4.2. Financial performance
      • 7.2.4.3. Product benchmarking
      • 7.2.4.4. Strategic initiatives
    • 7.2.5. Nanjing Jinling Opta Polymer Co.,LTD.
      • 7.2.5.1. Company overview
      • 7.2.5.2. Financial performance
      • 7.2.5.3. Product benchmarking
      • 7.2.5.4. Strategic initiatives
    • 7.2.6. TSRC
      • 7.2.6.1. Company overview
      • 7.2.6.2. Financial performance
      • 7.2.6.3. Product benchmarking
      • 7.2.6.4. Strategic initiatives
Product Code: 978-1-68038-993-7

List of Tables

  • Table 1 List of abbreviation
  • Table 2 China thermoplastic vulcanizates market, by grade, 2018 - 2030 (Kilo Tons, USD Million)
  • Table 3 China thermoplastic vulcanizates market, by application, 2018 - 2030 (Kilo Tons, USD Million)

List of Figures

  • Fig. 1 Market research process
  • Fig. 2 Data triangulation techniques
  • Fig. 3 Primary research pattern
  • Fig. 4 Market research approaches
  • Fig. 5 Value-chain-based sizing & forecasting
  • Fig. 6 QFD modeling for market share assessment
  • Fig. 7 Market formulation & validation
  • Fig. 8 China thermoplastic vulcanizates: Market outlook
  • Fig. 9 China thermoplastic vulcanizates: Competitive insights
  • Fig. 10 Parent market outlook
  • Fig. 11 Related/ancillary market outlook
  • Fig. 12 Penetration and growth prospect mapping
  • Fig. 13 Industry value chain analysis
  • Fig. 14 China thermoplastic vulcanizates market driver impact
  • Fig. 15 China thermoplastic vulcanizates market restraint impact
  • Fig. 16 China thermoplastic vulcanizates market strategic initiatives analysis
  • Fig. 17 China thermoplastic vulcanizates market: Application movement analysis
  • Fig. 18 China thermoplastic vulcanizates market: Application outlook and key takeaways
  • Fig. 19 Automotive market estimates and forecasts, 2018 - 2030
  • Fig. 20 Fluid handling market estimates and forecasts, 2018 - 2030
  • Fig. 21 Consumer goods market estimates and forecasts, 2018 - 2030
  • Fig. 22 Medical devices market estimates and forecasts, 2018 - 2030
  • Fig. 23 Others market estimates and forecasts, 2018 - 2030
  • Fig. 24 China thermoplastic vulcanizates market: Grade movement analysis
  • Fig. 25 China thermoplastic vulcanizates market: Grade outlook and key takeaways
  • Fig. 26 General purpose market estimates and forecasts, 2018 - 2030
  • Fig. 27 Molding & extrusion market estimates and forecasts, 2018 - 2030
  • Fig. 28 Specialty market estimates and forecasts, 2018 - 2030
  • Fig. 29 China thermoplastic vulcanizates market: Regional movement analysis
  • Fig. 30 China thermoplastic vulcanizates market: Regional outlook and key takeaways
  • Fig. 31 China market estimates and forecasts, 2018 - 2030
  • Fig. 32 China market estimates and forecasts, 2018 - 2030
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