Study #: 3922 | Published: 02/2021 | Pages: 130 | Individual User License: US$ 3,900

Demand for thermoplastic elastomers (TPEs) used in consumer goods is forecast to rise 2.3% per year to 1.2 million metric tons in 2024, driven by:

  • increasing manufacturing of key consumer goods, such as footwear, appliances, and soft touch household and personal care items, around the globe
  • the development of new TPE grades and compounds, expanding the range of consumer goods applications
  • continued adoption of TPEs with characteristics such as soft touch and colorability at the expense of competing products

Although many TPE markets markedly declined during the COVID-19 pandemic, consumer goods only experienced moderate losses due to the “essential” nature of many these goods, including footwear and such personal care items as toothbrushes.

Large Appliance Market Gaining Importance as Footwear Applications Mature

Appliances and household goods are becoming increasingly important markets for TPEs, which find widespread and expanding use in the manufacture of such products because of their:

  • temperature resistance, which is important for use in ovens and toasters
  • resistance to scuffing and abrasion, useful for oven, microwave, and refrigerator doors
  • compliance with safety guidelines regarding food contact
  • soft feel and ability to be molded and produced in different colors, which is particularly important for small kitchen tools such as can openers, dish washing brushes, and vegetable peelers

Footwear is the largest consumer goods market for TPEs, which are commonly used in the soles of shoes. However, applications for TPEs – namely SBCs, though also TPUs to an extent – are largely mature, which will limit new opportunities in this market.

Asia/Pacific Region to Maintain Its Position as Leading Regional Market

The Asia/Pacific region is forecast to remain the largest regional market for TPEs used in consumer goods, due largely to the presence of the massive Chinese market. However, production of footwear will continue to move from China to countries with lower manufacturing costs, such as India and Indonesia, resulting in a shift in footwear TPE demand to Southeast Asia. The presence of many large appliance manufacturers in the region, most notably in Japan and South Korea, also boosts TPE demand in the region.

SBCs Will Remain Largest Product Type but Will Continue to Lose Market Share Through 2024

SBCs are expected to remain the TPE most used in consumer goods through 2024, when they will account for 45% of demand, supported by the use SBCs in footwear. However, other TPEs – most notably TPVs and TPUs – will continue to take market share from SBCs due to their soft touch properties, which are particularly important when overmolded onto a solid substrate such as plastic or metal. The aesthetic appeal added by TPEs often justifies the extra cost.


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Table of Contents

1. Executive Summary

2. About This Report

Report Details

Study Scope & Product Description

Impact of COVID-19 Pandemic

3. Overview

Historical Market Trends

Demand by Elastomer Type

Demand by Application

Footwear

Appliances & Household Goods

Personal Care Products

Demand by Region

Pricing Trends

Leading Producers

4. North America

North America: Demand by Country

North America: Demand by Product

United States

United States: Consumer Thermoplastic Elastomer Market Size

United States: Demand by Product

Mexico

Mexico: Consumer Thermoplastic Elastomer Market Size

Mexico: Demand by Product

Canada

Canada: Consumer Thermoplastic Elastomer Market Size

Canada: Demand by Product

5. Central & South America

Central & South America: Demand by Country

Central & South America: Demand by Product

Brazil

Brazil: Consumer Thermoplastic Elastomer Market Size

Brazil: Demand by Product

Other Central & South America

Other Central & South America: Consumer Thermoplastic Elastomer Market Size

Other Central & South America: Demand by Product

6. Western Europe

Western Europe: Demand by Country

Western Europe: Demand by Product

Germany

Germany: Consumer Thermoplastic Elastomer Market Size

Germany: Demand by Product

Italy

Italy: Consumer Thermoplastic Elastomer Market Size

Italy: Demand by Product

United Kingdom

United Kingdom: Consumer Thermoplastic Elastomer Market Size

United Kingdom: Demand by Product

Spain

Spain: Consumer Thermoplastic Elastomer Market Size

Spain: Demand by Product

France

France: Consumer Thermoplastic Elastomer Market Size

France: Demand by Product

Other Western Europe

Other Western Europe: Consumer Thermoplastic Elastomer Market Size

Other Western Europe: Demand by Product

7. Eastern Europe

Eastern Europe: Demand by Country

Eastern Europe: Demand by Product

Russia

Russia: Consumer Thermoplastic Elastomer Market Size

Russia: Demand by Product

Other Eastern Europe

Other Eastern Europe: Consumer Thermoplastic Elastomer Market Size

Other Eastern Europe: Demand by Product

8. Asia/Pacific

Asia/Pacific: Demand by Country

Asia/Pacific: Demand by Product

China

China: Consumer Thermoplastic Elastomer Market Size

China: Demand by Product

India

India: Consumer Thermoplastic Elastomer Market Size

India: Demand by Product

Japan

Japan: Consumer Thermoplastic Elastomer Market Size

Japan: Demand by Product

South Korea

South Korea: Consumer Thermoplastic Elastomer Market Size

South Korea: Demand by Product

Taiwan

Taiwan: Consumer Thermoplastic Elastomer Market Size

Taiwan: Demand by Product

Thailand

Thailand: Consumer Thermoplastic Elastomer Market Size

Thailand: Demand by Product

Other Asia/Pacific

Other Asia/Pacific: Consumer Thermoplastic Elastomer Market Size

Other Asia/Pacific: Demand by Product

9. Africa/Mideast

10. Appendix

Scope

Definitions

Freedonia Methodology

Study-Specific Methodology

Sources

Associations & Agencies

Related Studies & Reports

Country Lists by Region

Macroeconomic Assumptions

Global Economic Environment

Global Demographic Trends

Global Personal Consumption Expenditures


List of Tables

2. About This Report

Table 2-1 | Annual Global Consumer Goods Thermoplastic Elastomer Demand by Region, 2019 - 2021 (thousand metric tons)

3. Overview

Table 3-1 | Global Consumer Goods Thermoplastic Elastomer Demand, 2004 - 2019 (thousand metric tons)

Table 3-2 | Global Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 3-3 | Global Consumer Goods Thermoplastic Elastomer Demand by Application, 2009 - 2029 (thousand metric tons)

Table 3-4 | Global Consumer Goods Thermoplastic Elastomer Demand by Region, 2009 - 2029 (thousand metric tons)

4. North America

Table 4-1 | North America: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Table 4-2 | North America: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 4-3 | United States: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 4-4 | Mexico: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 4-5 | Canada: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

5. Central & South America

Table 5-1 | Central & South America: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Table 5-2 | Central & South America: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 5-3 | Brazil: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 5-4 | Other Central & South America: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

6. Western Europe

Table 6-1 | Western Europe: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Table 6-2 | Western Europe: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 6-3 | Germany: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 6-4 | Italy: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 6-5 | United Kingdom: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 6-6 | Spain: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 6-7 | France: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 6-8 | Other Western Europe: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

7. Eastern Europe

Table 7-1 | Eastern Europe: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Table 7-2 | Eastern Europe: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 7-3 | Russia: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 7-4 | Other Eastern Europe Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

8. Asia/Pacific

Table 8-1 | Asia/Pacific: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Table 8-2 | Asia/Pacific: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 8-3 | China: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 8-4 | India: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 8-5 | Japan: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 8-6 | South Korea: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 8-7 | Taiwan: Consumer Goods Thermoplastic Elastomer Demand Product, 2009 - 2029 (thousand metric tons)

Table 8-8 | Thailand: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

Table 8-9 | Other Asia/Pacific: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

9. Africa/Mideast

Table 9-1 | Africa/Mideast: Consumer Goods Thermoplastic Elastomer Demand by Product, 2009 - 2029 (thousand metric tons)

10. Appendix

Table 10-1 | Relevant HS Codes

Table 10-2 | Relevant NACE Codes

Table 10-3 | Relevant NAICS & SIC Codes

Table 10-4 | Countries in North America

Table 10-5 | Countries in Central & South America

Table 10-6 | Countries in Western Europe

Table 10-7 | Countries in Eastern Europe

Table 10-8 | Countries in the Asia/Pacific Region

Table 10-9 | Countries in the Africa/Mideast Region

Table 10-10 | Global Gross Domestic Product by Region & Country, 2009 - 2029 (billion 2018 dollars)

Table 10-11 | Global Population by Region & Country, 2009 - 2029 (million persons)

Table 10-12 | Global Personal Consumption Expenditures, 2009 - 2029 (billion 2018 US$)


List of Figures

1. Executive Summary

Figure 1-1 | Global Consumer Goods Market for Thermoplastic Elastomers

2. About This Report

Figure 2-1 | Annual Global Consumer Goods Thermoplastic Elastomer Demand Growth by Region, 2018 - 2024 (% annual change)

3. Overview

Figure 3-1 | Global Consumer Goods Thermoplastic Elastomer Demand, 2004 - 2019 (thousand metric tons)

Figure 3-2 | Global Consumer Goods Thermoplastic Elastomer Volume Demand Growth by Product, 2009 - 2029 (% CAGR)

Figure 3-3 | Global Footwear Thermoplastic Elastomer Demand, 2009 - 2024 (thousand metric tons)

Figure 3-4 | Global Appliance & Household Goods Thermoplastic Elastomer Demand, 2009 - 2024 (thousand metric tons)

Figure 3-5 | Global Personal Care Product Thermoplastic Elastomer Demand, 2009 - 2024 (thousand metric tons)

Figure 3-6 | Global Consumer Goods Thermoplastic Elastomer Demand by Region, 2009 - 2024 (thousand metric tons)

4. North America

Figure 4-1 | North America: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 4-2 | United States: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 4-3 | Mexico: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 4-4 | Canada: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

5. Central & South America

Figure 5-1 | Central & South America: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 5-2 | Brazil: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 5-3 | Other Central & South America: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

6. Western Europe

Figure 6-1 | Western Europe: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 6-2 | Germany: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 6-3 | Italy: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 6-4 | United Kingdom: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 6-5 | Spain: Thermoplastic Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 6-6 | France: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 6-7 | Other Western Europe: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

7. Eastern Europe

Figure 7-1 | Eastern Europe: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 7-2 | Russia: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 7-3 | Other Eastern Europe: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

8. Asia/Pacific

Figure 8-1 | Asia/Pacific: Consumer Goods Thermoplastic Elastomer Demand by Country, 2009 - 2029 (thousand metric tons)

Figure 8-2 | China: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 8-3 | India: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 8-4 | Japan: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 8-5 | South Korea: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 8-6 | Taiwan: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 8-7 | Thailand: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

Figure 8-8 | Other Asia/Pacific: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

9. Africa/Mideast

Figure 9-1 | Africa/Mideast: Consumer Goods Thermoplastic Elastomer Demand, 2002 - 2024 (thousand metric tons)

10. Appendix


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