According to our (Global Info Research) latest study, the global Bio-based Thermoplastic Vulcanizates (TPV) market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
In order to minimize reliance on non-renewable resources, such as petroleum, and to achieve sustainable development of the polymer materials industry, a large number of people prefer bio-based polymer materials.
Bio-based thermoplastic vulcanizates (TPV) are made of poly(lactide) (PLA) and ethylene-co-vinyl acetate rubber (EVA) that have been fabricated using dicumyl peroxide (DCP) as a curing agent; it is the first time that the application of PLA in elastic materials has been demonstrated.
This report is a detailed and comprehensive analysis for global Bio-based Thermoplastic Vulcanizates (TPV) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Bio-based Thermoplastic Vulcanizates (TPV) market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Bio-based Thermoplastic Vulcanizates (TPV) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Bio-based Thermoplastic Vulcanizates (TPV) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Bio-based Thermoplastic Vulcanizates (TPV) market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Bio-based Thermoplastic Vulcanizates (TPV)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Bio-based Thermoplastic Vulcanizates (TPV) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsui Chemicals Inc., Celanese Corporation, Mitsubishi Chemical Corporation, Kumho Polychem, Trinseo, Teknor Apex, ExxonMobil, Zeon Chemicals L.P., Alphagary, Ravago, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Bio-based Thermoplastic Vulcanizates (TPV) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Starch-based Polymers
Polylactides (PLAs)
Polyhydroxyalkanoates(PHAs)
Cellulose-based Polymers
Others
Market segment by Application
Automotive
Building & Construction
Consumer Goods
Healthcare
Others
Major players covered
Mitsui Chemicals Inc.
Celanese Corporation
Mitsubishi Chemical Corporation
Kumho Polychem
Trinseo
Teknor Apex
ExxonMobil
Zeon Chemicals L.P.
Alphagary
Ravago
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Bio-based Thermoplastic Vulcanizates (TPV) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Bio-based Thermoplastic Vulcanizates (TPV), with price, sales quantity, revenue, and global market share of Bio-based Thermoplastic Vulcanizates (TPV) from 2020 to 2025.
Chapter 3, the Bio-based Thermoplastic Vulcanizates (TPV) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Bio-based Thermoplastic Vulcanizates (TPV) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Bio-based Thermoplastic Vulcanizates (TPV) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Bio-based Thermoplastic Vulcanizates (TPV).
Chapter 14 and 15, to describe Bio-based Thermoplastic Vulcanizates (TPV) sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Bio-based Thermoplastic Vulcanizates (TPV). Industry analysis & Market Report on Bio-based Thermoplastic Vulcanizates (TPV) is a syndicated market report, published as Global Bio-based Thermoplastic Vulcanizates (TPV) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Bio-based Thermoplastic Vulcanizates (TPV) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.