Thermoplastic Vulcanizates (Tpv) Market Analysis, Competitive Strategies and Forecasts, 2015-2019: Hexa Reports

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Hexa Reports

Market Research Reports and Insightful Company Profiles

Thermoplastic Vulcanizates (TPV) Market Size, Share,

Trends, Growth, Analysis and Outlook, Competitive

Strategies And Forecasts, 2015-2019

Technavioa€™s market research analyst predicts the thermoplastic vulcanizates (TPV) market to grow at

a rate of around 7% during the forecast period. The rising adoption of TPV as a replacement for PVC in

the healthcare sector is the primary driver for the growth of this market.

TPVa€™s unique characteristics such as environment-friendliness, low drug absorption, toughness, and

optical clarity have made them an ideal choice for the manufacturing of blood bags, catheters and

disposable gloves. For instance, Johnson & Johnson and GE Healthcare, having increased their R&D

spending to develop and introduce new TPV-based medical products in the market.

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The growing popularity of olefin-based copolymer TPV is also anticipated to contribute to the market

growth during the forecast period. Olefin-based copolymer TPV has a high abrasion resistance and is

being used to replace traditional styrenic thermoplastic elastomers (TPE) in its commercial and industrial

applications.

Segmentation by application and analysis of - automotive, medical, consumer goods, fluid handling

Hexa Reports

Market Research Reports and Insightful Company Profiles

During 2014, the automotive sector led the market with a share of 51%. The rising adoption of TPV as a

replacement for traditional rubber and EPDM in this sector is the primary driver for the growth of this

segment. TPV is used in interior and exterior ancillaries, sealing systems, and under-the-hood

components of automobiles.

The report offers an analysis of each of the following segments and discusses its impact on the overall

market growth  Automotive

 Fluid handling and construction

 Medical

 Consumer...