Report Detail
Global Thermoplastic Styrene Block Copolymer (TPS) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
- RnM4637923 |
- 24 October, 2025 |
- Global |
- 119 Pages |
- GIR |
- Chemical & Material
According to our (Global Info Research) latest study, the global Thermoplastic Styrene Block Copolymer (TPS) market size was valued at US$ 957 million in 2024 and is forecast to a readjusted size of USD 1493 million by 2031 with a CAGR of 6.6% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
TPS is a TPE based on styrene block copolymers (SBC). Thermoplastic styrenic elastomers (TPS) are the most rubber-like of TPEs, having outstanding flexibility and elasticity.
Thermoplastic elastomer TPE-S is a modified alloy elastomer based on SBS, SEBS and other components, with the appearance of transparent or white particles, good color matching, can be matched with black and other colors.As a new type of polymer, TPE-S has the dual performance and wide range of properties of rubber and thermoplastic plastics, and it has the advantages of good mechanical properties, environmentally friendly, easy to process, and a wide range of applications, etc. With its excellent features, TPE-S is regarded as the "third generation rubber" after natural rubber and synthetic rubber. TPE-S is the largest thermoplastic elastomer in the world, with the rapid development of downstream automotive, fiber optic and other industries, the global market demand for TPE-S is constantly released. Globally, TPE-S related manufacturers include American Kraton, American Shell, Japanese Kuraray, Korean LG, Asahi Kasei, Sinopec, LCY CHEMICAL and other enterprises.
This report is a detailed and comprehensive analysis for global Thermoplastic Styrene Block Copolymer (TPS) 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 Thermoplastic Styrene Block Copolymer (TPS) market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Thermoplastic Styrene Block Copolymer (TPS) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Thermoplastic Styrene Block Copolymer (TPS) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2020-2031
Global Thermoplastic Styrene Block Copolymer (TPS) market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), 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 Thermoplastic Styrene Block Copolymer (TPS)
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 Thermoplastic Styrene Block Copolymer (TPS) 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 Asahi Kasei Corporation, Avient Corporation, SINOPEC, INEOS, JSR Corporation, Kraton Corporation, Kuraray, LCY Group, LG Chem, TSRC, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thermoplastic Styrene Block Copolymer (TPS) 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
Styrene-Butadiene-Styrene (SBS)
Styrene-Isoprene-Styrene (SIS)
SEBS
SEPS
Others
Market segment by Application
Asphalt Modification
Footwear
Polymer Modification
Adhesives and Sealants
Other
Major players covered
Asahi Kasei Corporation
Avient Corporation
SINOPEC
INEOS
JSR Corporation
Kraton Corporation
Kuraray
LCY Group
LG Chem
TSRC
Zeon Corporation
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 Thermoplastic Styrene Block Copolymer (TPS) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermoplastic Styrene Block Copolymer (TPS), with price, sales quantity, revenue, and global market share of Thermoplastic Styrene Block Copolymer (TPS) from 2020 to 2025.
Chapter 3, the Thermoplastic Styrene Block Copolymer (TPS) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermoplastic Styrene Block Copolymer (TPS) 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 Thermoplastic Styrene Block Copolymer (TPS) 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 Thermoplastic Styrene Block Copolymer (TPS).
Chapter 14 and 15, to describe Thermoplastic Styrene Block Copolymer (TPS) sales channel, distributors, customers, research findings and conclusion.
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Styrene-Butadiene-Styrene (SBS)
- 1.3.3 Styrene-Isoprene-Styrene (SIS)
- 1.3.4 SEBS
- 1.3.5 SEPS
- 1.3.6 Others
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Asphalt Modification
- 1.4.3 Footwear
- 1.4.4 Polymer Modification
- 1.4.5 Adhesives and Sealants
- 1.4.6 Other
- 1.5 Global Thermoplastic Styrene Block Copolymer (TPS) Market Size & Forecast
- 1.5.1 Global Thermoplastic Styrene Block Copolymer (TPS) Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity (2020-2031)
- 1.5.3 Global Thermoplastic Styrene Block Copolymer (TPS) Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 Asahi Kasei Corporation
- 2.1.1 Asahi Kasei Corporation Details
- 2.1.2 Asahi Kasei Corporation Major Business
- 2.1.3 Asahi Kasei Corporation Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.1.4 Asahi Kasei Corporation Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Asahi Kasei Corporation Recent Developments/Updates
- 2.2 Avient Corporation
- 2.2.1 Avient Corporation Details
- 2.2.2 Avient Corporation Major Business
- 2.2.3 Avient Corporation Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.2.4 Avient Corporation Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Avient Corporation Recent Developments/Updates
- 2.3 SINOPEC
- 2.3.1 SINOPEC Details
- 2.3.2 SINOPEC Major Business
- 2.3.3 SINOPEC Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.3.4 SINOPEC Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 SINOPEC Recent Developments/Updates
- 2.4 INEOS
- 2.4.1 INEOS Details
- 2.4.2 INEOS Major Business
- 2.4.3 INEOS Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.4.4 INEOS Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 INEOS Recent Developments/Updates
- 2.5 JSR Corporation
- 2.5.1 JSR Corporation Details
- 2.5.2 JSR Corporation Major Business
- 2.5.3 JSR Corporation Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.5.4 JSR Corporation Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 JSR Corporation Recent Developments/Updates
- 2.6 Kraton Corporation
- 2.6.1 Kraton Corporation Details
- 2.6.2 Kraton Corporation Major Business
- 2.6.3 Kraton Corporation Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.6.4 Kraton Corporation Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Kraton Corporation Recent Developments/Updates
- 2.7 Kuraray
- 2.7.1 Kuraray Details
- 2.7.2 Kuraray Major Business
- 2.7.3 Kuraray Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.7.4 Kuraray Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 Kuraray Recent Developments/Updates
- 2.8 LCY Group
- 2.8.1 LCY Group Details
- 2.8.2 LCY Group Major Business
- 2.8.3 LCY Group Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.8.4 LCY Group Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 LCY Group Recent Developments/Updates
- 2.9 LG Chem
- 2.9.1 LG Chem Details
- 2.9.2 LG Chem Major Business
- 2.9.3 LG Chem Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.9.4 LG Chem Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 LG Chem Recent Developments/Updates
- 2.10 TSRC
- 2.10.1 TSRC Details
- 2.10.2 TSRC Major Business
- 2.10.3 TSRC Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.10.4 TSRC Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 TSRC Recent Developments/Updates
- 2.11 Zeon Corporation
- 2.11.1 Zeon Corporation Details
- 2.11.2 Zeon Corporation Major Business
- 2.11.3 Zeon Corporation Thermoplastic Styrene Block Copolymer (TPS) Product and Services
- 2.11.4 Zeon Corporation Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Zeon Corporation Recent Developments/Updates
3 Competitive Environment: Thermoplastic Styrene Block Copolymer (TPS) by Manufacturer
- 3.1 Global Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Thermoplastic Styrene Block Copolymer (TPS) Revenue by Manufacturer (2020-2025)
- 3.3 Global Thermoplastic Styrene Block Copolymer (TPS) Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Thermoplastic Styrene Block Copolymer (TPS) by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Thermoplastic Styrene Block Copolymer (TPS) Manufacturer Market Share in 2024
- 3.4.3 Top 6 Thermoplastic Styrene Block Copolymer (TPS) Manufacturer Market Share in 2024
- 3.5 Thermoplastic Styrene Block Copolymer (TPS) Market: Overall Company Footprint Analysis
- 3.5.1 Thermoplastic Styrene Block Copolymer (TPS) Market: Region Footprint
- 3.5.2 Thermoplastic Styrene Block Copolymer (TPS) Market: Company Product Type Footprint
- 3.5.3 Thermoplastic Styrene Block Copolymer (TPS) Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Thermoplastic Styrene Block Copolymer (TPS) Market Size by Region
- 4.1.1 Global Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Region (2020-2031)
- 4.1.2 Global Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Region (2020-2031)
- 4.1.3 Global Thermoplastic Styrene Block Copolymer (TPS) Average Price by Region (2020-2031)
- 4.2 North America Thermoplastic Styrene Block Copolymer (TPS) Consumption Value (2020-2031)
- 4.3 Europe Thermoplastic Styrene Block Copolymer (TPS) Consumption Value (2020-2031)
- 4.4 Asia-Pacific Thermoplastic Styrene Block Copolymer (TPS) Consumption Value (2020-2031)
- 4.5 South America Thermoplastic Styrene Block Copolymer (TPS) Consumption Value (2020-2031)
- 4.6 Middle East & Africa Thermoplastic Styrene Block Copolymer (TPS) Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Type (2020-2031)
- 5.2 Global Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Type (2020-2031)
- 5.3 Global Thermoplastic Styrene Block Copolymer (TPS) Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Application (2020-2031)
- 6.2 Global Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Application (2020-2031)
- 6.3 Global Thermoplastic Styrene Block Copolymer (TPS) Average Price by Application (2020-2031)
7 North America
- 7.1 North America Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Type (2020-2031)
- 7.2 North America Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Application (2020-2031)
- 7.3 North America Thermoplastic Styrene Block Copolymer (TPS) Market Size by Country
- 7.3.1 North America Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Country (2020-2031)
- 7.3.2 North America Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Type (2020-2031)
- 8.2 Europe Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Application (2020-2031)
- 8.3 Europe Thermoplastic Styrene Block Copolymer (TPS) Market Size by Country
- 8.3.1 Europe Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Thermoplastic Styrene Block Copolymer (TPS) Market Size by Region
- 9.3.1 Asia-Pacific Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Type (2020-2031)
- 10.2 South America Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Application (2020-2031)
- 10.3 South America Thermoplastic Styrene Block Copolymer (TPS) Market Size by Country
- 10.3.1 South America Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Country (2020-2031)
- 10.3.2 South America Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Thermoplastic Styrene Block Copolymer (TPS) Market Size by Country
- 11.3.1 Middle East & Africa Thermoplastic Styrene Block Copolymer (TPS) Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Thermoplastic Styrene Block Copolymer (TPS) Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Thermoplastic Styrene Block Copolymer (TPS) Market Drivers
- 12.2 Thermoplastic Styrene Block Copolymer (TPS) Market Restraints
- 12.3 Thermoplastic Styrene Block Copolymer (TPS) Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Thermoplastic Styrene Block Copolymer (TPS) and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Thermoplastic Styrene Block Copolymer (TPS)
- 13.3 Thermoplastic Styrene Block Copolymer (TPS) Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Thermoplastic Styrene Block Copolymer (TPS) Typical Distributors
- 14.3 Thermoplastic Styrene Block Copolymer (TPS) Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Summary:
Get latest Market Research Reports on Thermoplastic Styrene Block Copolymer (TPS). Industry analysis & Market Report on Thermoplastic Styrene Block Copolymer (TPS) is a syndicated market report, published as Global Thermoplastic Styrene Block Copolymer (TPS) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Thermoplastic Styrene Block Copolymer (TPS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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