Thermoplastic Elastomers: United States Report

Report Overview

This report forecasts to 2029 US thermoplastic elastomer (TPE) demand in metric tons. Total demand is segmented by product in terms of:

• thermoplastic polyolefins (TPOs)
• polyolefin elastomers (POEs)
• styrenic block copolymers (SBCs)
• thermoplastic vulcanizates (TPVs)
• other products such as thermoplastic polyurethanes and copolyester elastomers

Total demand is also segmented by market as follows:

• motor vehicles
• asphalt and roofing
• adhesives, sealants, and coatings
• consumer goods
• other markets such as industrial products, packaging, and medical products

To illustrate historical trends, total demand and the various segments are provided in annual series from 2019 to 2024.

For the purposes of this report, a TPE is defined as any thermoplastic material that exhibits elastomeric properties; TPEs therefore offer the functional performance characteristics of thermoset rubber, but are processed using the methods and machinery of rigid thermoplastics.

SBCs that do not exhibit elastomeric properties (i.e., high styrene products that contain roughly 60% or more styrene) are excluded from the scope of this report.

While TPOs and TPVs are “polyolefin elastomers” in a technical sense, they are defined separately for the purposes of this report. Furthermore, vulcanized olefin elastomers such as ethylene propylene diene monomer (EPDM) and ethylene-propylene rubber are not TPEs and are thus excluded.

Compounds with vulcanized elastomers are considered to be TPVs rather than TPOs. Various sources and manufacturers differ on the degree of vulcanization required to define an olefinic TPE as a TPV, so estimates of current global demand can vary.

Key macroeconomic indicators are also provided with quantified trends. Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:

Table of Contents

• Historical Trends
• Key Economic Indicators
• Sustainability & New Product Development
• Environmental & Regulatory Factors

• Thermoplastic Polyolefins
• Polyolefin Elastomers
• Styrenic Block Copolymers
• Thermoplastic Vulcanizates
• Other Products

• Motor Vehicles
• Asphalt & Roofing
• Adhesives, Sealants, & Coatings
• Consumer Goods
• Other Markets

• Industry Characteristics
• Market Leaders

• Scope
• Sources
• Industry Codes
• Freedonia Methodology
• Resources

• Figure 1 | Key Trends in US Thermoplastic Elastomer Demand, 2024 – 2029
• Figure 2 | US Thermoplastic Elastomer Demand Trends, 2019 – 2024
• Table 1 | Key Indicators for US Thermoplastic Elastomer Demand; 2019, 2024, 2029 (2017US$ bil)
• Figure 3 | US Thermoplastic Elastomer Demand by Product, 2019 – 2029 (000 m tons)
• Table 2 | US Thermoplastic Elastomer Demand by Product, 2019 – 2024 (000 m tons)
• Table 3 | US Thermoplastic Elastomer Demand by Product, 2024 – 2029 (000 m tons)
• Figure 4 | US Thermoplastic Elastomer Demand by Product, 2019 – 2029 (%)
• Figure 5 | US Thermoplastic Elastomer Demand by Market, 2019 – 2029 (000 m tons)
• Table 4 | US Thermoplastic Elastomer Demand by Market, 2019 – 2024 (000 m tons)
• Table 5 | US Thermoplastic Elastomer Demand by Market, 2024 – 2029 (000 m tons)
• Figure 6 | US Thermoplastic Elastomer Demand by Market, 2019 – 2029 (%)
• Table 6 | NAICS & SIC Codes Related to Thermoplastic Elastomers