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Global Thermoplastic Vulcanizates (TPV) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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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 Vulcanizates (TPV) Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 EPDM/PP Blends
    • 1.3.3 NBR/PP Blends
    • 1.3.4 Nylon Based Blends
    • 1.3.5 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Thermoplastic Vulcanizates (TPV) Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Automotive Components
    • 1.4.3 Building & Construction
    • 1.4.4 Household Appliances
    • 1.4.5 Others
  • 1.5 Global Thermoplastic Vulcanizates (TPV) Market Size & Forecast
    • 1.5.1 Global Thermoplastic Vulcanizates (TPV) Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Thermoplastic Vulcanizates (TPV) Sales Quantity (2020-2031)
    • 1.5.3 Global Thermoplastic Vulcanizates (TPV) Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Celanese
    • 2.1.1 Celanese Details
    • 2.1.2 Celanese Major Business
    • 2.1.3 Celanese Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.1.4 Celanese Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Celanese Recent Developments/Updates
  • 2.2 Teknor Apex
    • 2.2.1 Teknor Apex Details
    • 2.2.2 Teknor Apex Major Business
    • 2.2.3 Teknor Apex Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.2.4 Teknor Apex Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 Teknor Apex Recent Developments/Updates
  • 2.3 Mitsui Chemicals
    • 2.3.1 Mitsui Chemicals Details
    • 2.3.2 Mitsui Chemicals Major Business
    • 2.3.3 Mitsui Chemicals Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.3.4 Mitsui Chemicals Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Mitsui Chemicals Recent Developments/Updates
  • 2.4 Dawn Polymer
    • 2.4.1 Dawn Polymer Details
    • 2.4.2 Dawn Polymer Major Business
    • 2.4.3 Dawn Polymer Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.4.4 Dawn Polymer Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Dawn Polymer Recent Developments/Updates
  • 2.5 Elastron
    • 2.5.1 Elastron Details
    • 2.5.2 Elastron Major Business
    • 2.5.3 Elastron Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.5.4 Elastron Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Elastron Recent Developments/Updates
  • 2.6 Kumho Petrochemical Co., Ltd.
    • 2.6.1 Kumho Petrochemical Co., Ltd. Details
    • 2.6.2 Kumho Petrochemical Co., Ltd. Major Business
    • 2.6.3 Kumho Petrochemical Co., Ltd. Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.6.4 Kumho Petrochemical Co., Ltd. Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Kumho Petrochemical Co., Ltd. Recent Developments/Updates
  • 2.7 Top Polymer
    • 2.7.1 Top Polymer Details
    • 2.7.2 Top Polymer Major Business
    • 2.7.3 Top Polymer Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.7.4 Top Polymer Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Top Polymer Recent Developments/Updates
  • 2.8 DuPont de Nemours，Inc.
    • 2.8.1 DuPont de Nemours，Inc. Details
    • 2.8.2 DuPont de Nemours，Inc. Major Business
    • 2.8.3 DuPont de Nemours，Inc. Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.8.4 DuPont de Nemours，Inc. Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 DuPont de Nemours，Inc. Recent Developments/Updates
  • 2.9 RTP Company
    • 2.9.1 RTP Company Details
    • 2.9.2 RTP Company Major Business
    • 2.9.3 RTP Company Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.9.4 RTP Company Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 RTP Company Recent Developments/Updates
  • 2.10 Mitsubishi Chemical
    • 2.10.1 Mitsubishi Chemical Details
    • 2.10.2 Mitsubishi Chemical Major Business
    • 2.10.3 Mitsubishi Chemical Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.10.4 Mitsubishi Chemical Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Mitsubishi Chemical Recent Developments/Updates
  • 2.11 Nanjing Jinling Opta Polymer Co., Ltd.(JLOPTA)
    • 2.11.1 Nanjing Jinling Opta Polymer Co., Ltd.(JLOPTA) Details
    • 2.11.2 Nanjing Jinling Opta Polymer Co., Ltd.(JLOPTA) Major Business
    • 2.11.3 Nanjing Jinling Opta Polymer Co., Ltd.(JLOPTA) Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.11.4 Nanjing Jinling Opta Polymer Co., Ltd.(JLOPTA) Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Nanjing Jinling Opta Polymer Co., Ltd.(JLOPTA) Recent Developments/Updates
  • 2.12 Zylog ElastoComp
    • 2.12.1 Zylog ElastoComp Details
    • 2.12.2 Zylog ElastoComp Major Business
    • 2.12.3 Zylog ElastoComp Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.12.4 Zylog ElastoComp Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Zylog ElastoComp Recent Developments/Updates
  • 2.13 Zhejiang Wanma-Tech New Mateial Co.,Ltd.
    • 2.13.1 Zhejiang Wanma-Tech New Mateial Co.,Ltd. Details
    • 2.13.2 Zhejiang Wanma-Tech New Mateial Co.,Ltd. Major Business
    • 2.13.3 Zhejiang Wanma-Tech New Mateial Co.,Ltd. Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.13.4 Zhejiang Wanma-Tech New Mateial Co.,Ltd. Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Zhejiang Wanma-Tech New Mateial Co.,Ltd. Recent Developments/Updates
  • 2.14 NANTEX INDUSTRY CO., LTD.
    • 2.14.1 NANTEX INDUSTRY CO., LTD. Details
    • 2.14.2 NANTEX INDUSTRY CO., LTD. Major Business
    • 2.14.3 NANTEX INDUSTRY CO., LTD. Thermoplastic Vulcanizates (TPV) Product and Services
    • 2.14.4 NANTEX INDUSTRY CO., LTD. Thermoplastic Vulcanizates (TPV) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 NANTEX INDUSTRY CO., LTD. Recent Developments/Updates

3 Competitive Environment: Thermoplastic Vulcanizates (TPV) by Manufacturer

  • 3.1 Global Thermoplastic Vulcanizates (TPV) Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Thermoplastic Vulcanizates (TPV) Revenue by Manufacturer (2020-2025)
  • 3.3 Global Thermoplastic Vulcanizates (TPV) Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Thermoplastic Vulcanizates (TPV) by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Thermoplastic Vulcanizates (TPV) Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Thermoplastic Vulcanizates (TPV) Manufacturer Market Share in 2024
  • 3.5 Thermoplastic Vulcanizates (TPV) Market: Overall Company Footprint Analysis
    • 3.5.1 Thermoplastic Vulcanizates (TPV) Market: Region Footprint
    • 3.5.2 Thermoplastic Vulcanizates (TPV) Market: Company Product Type Footprint
    • 3.5.3 Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) Market Size by Region
    • 4.1.1 Global Thermoplastic Vulcanizates (TPV) Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Thermoplastic Vulcanizates (TPV) Consumption Value by Region (2020-2031)
    • 4.1.3 Global Thermoplastic Vulcanizates (TPV) Average Price by Region (2020-2031)
  • 4.2 North America Thermoplastic Vulcanizates (TPV) Consumption Value (2020-2031)
  • 4.3 Europe Thermoplastic Vulcanizates (TPV) Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Thermoplastic Vulcanizates (TPV) Consumption Value (2020-2031)
  • 4.5 South America Thermoplastic Vulcanizates (TPV) Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Thermoplastic Vulcanizates (TPV) Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Thermoplastic Vulcanizates (TPV) Sales Quantity by Type (2020-2031)
  • 5.2 Global Thermoplastic Vulcanizates (TPV) Consumption Value by Type (2020-2031)
  • 5.3 Global Thermoplastic Vulcanizates (TPV) Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Thermoplastic Vulcanizates (TPV) Sales Quantity by Application (2020-2031)
  • 6.2 Global Thermoplastic Vulcanizates (TPV) Consumption Value by Application (2020-2031)
  • 6.3 Global Thermoplastic Vulcanizates (TPV) Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Thermoplastic Vulcanizates (TPV) Sales Quantity by Type (2020-2031)
  • 7.2 North America Thermoplastic Vulcanizates (TPV) Sales Quantity by Application (2020-2031)
  • 7.3 North America Thermoplastic Vulcanizates (TPV) Market Size by Country
    • 7.3.1 North America Thermoplastic Vulcanizates (TPV) Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) Sales Quantity by Type (2020-2031)
  • 8.2 Europe Thermoplastic Vulcanizates (TPV) Sales Quantity by Application (2020-2031)
  • 8.3 Europe Thermoplastic Vulcanizates (TPV) Market Size by Country
    • 8.3.1 Europe Thermoplastic Vulcanizates (TPV) Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Thermoplastic Vulcanizates (TPV) Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Thermoplastic Vulcanizates (TPV) Market Size by Region
    • 9.3.1 Asia-Pacific Thermoplastic Vulcanizates (TPV) Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) Sales Quantity by Type (2020-2031)
  • 10.2 South America Thermoplastic Vulcanizates (TPV) Sales Quantity by Application (2020-2031)
  • 10.3 South America Thermoplastic Vulcanizates (TPV) Market Size by Country
    • 10.3.1 South America Thermoplastic Vulcanizates (TPV) Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Thermoplastic Vulcanizates (TPV) Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Thermoplastic Vulcanizates (TPV) Market Size by Country
    • 11.3.1 Middle East & Africa Thermoplastic Vulcanizates (TPV) Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) Market Drivers
  • 12.2 Thermoplastic Vulcanizates (TPV) Market Restraints
  • 12.3 Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Thermoplastic Vulcanizates (TPV)
  • 13.3 Thermoplastic Vulcanizates (TPV) 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 Vulcanizates (TPV) Typical Distributors
  • 14.3 Thermoplastic Vulcanizates (TPV) Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Thermoplastic Vulcanizates (TPV) market size was valued at US$ 1305 million in 2024 and is forecast to a readjusted size of USD 1402 million by 2031 with a CAGR of 1.0% during review period.
    Thermoplastic vulcanizates (TPV) are part of the thermoplastic elastomer (TPE) family of polymers, but are closest in elastomeric properties to EPDM thermoset rubber, combining the characteristics of vulcanized rubber with the processing properties of thermoplastics. TPV is a dynamically vulcanized alloy consisting mostly of fully cured EPDM rubber particles encapsulated in a polypropylene (PP) matrix.
    Global Thermoplastic Vulcanizates (TPV) key players include Celanese, Teknor Apex, Mitsui Chemicals and Dawn Polymer. Top four companies hold a share above 80%. In terms of product, EPDM/PP Blends TPV is the largest segment, with a share nearly 90%. And in terms of application, the largest channel is Automotive Components.
    In China market, the key players of Thermoplastic Vulcanizates (TPV) include Dawn Polymer and Celanese, etc. The top two players hold a share about 35%. Dawn Polymer is the largest manufacturers of Thermoplastic Vulcanizates (TPV) in China, has a share about 30%.
    This report is a detailed and comprehensive analysis for global 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 Thermoplastic Vulcanizates (TPV) market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
    Global Thermoplastic Vulcanizates (TPV) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
    Global Thermoplastic Vulcanizates (TPV) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
    Global Thermoplastic Vulcanizates (TPV) market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 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 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 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 Celanese, Teknor Apex, Mitsui Chemicals, Dawn Polymer, Elastron, Kumho Petrochemical Co., Ltd., Top Polymer, DuPont de Nemours，Inc., RTP Company, Mitsubishi Chemical, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    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
    EPDM/PP Blends
    NBR/PP Blends
    Nylon Based Blends
    Others
    Market segment by Application
    Automotive Components
    Building & Construction
    Household Appliances
    Others
    Major players covered
    Celanese
    Teknor Apex
    Mitsui Chemicals
    Dawn Polymer
    Elastron
    Kumho Petrochemical Co., Ltd.
    Top Polymer
    DuPont de Nemours，Inc.
    RTP Company
    Mitsubishi Chemical
    Nanjing Jinling Opta Polymer Co., Ltd.(JLOPTA)
    Zylog ElastoComp
    Zhejiang Wanma-Tech New Mateial Co.,Ltd.
    NANTEX INDUSTRY CO., LTD.
    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 Vulcanizates (TPV) product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Thermoplastic Vulcanizates (TPV), with price, sales quantity, revenue, and global market share of Thermoplastic Vulcanizates (TPV) from 2020 to 2025.
    Chapter 3, the Thermoplastic Vulcanizates (TPV) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the 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 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 Thermoplastic Vulcanizates (TPV).
    Chapter 14 and 15, to describe Thermoplastic Vulcanizates (TPV) sales channel, distributors, customers, research findings and conclusion.

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