Thermoplastic Vulcanizates Market - Forecast(2021-2026)

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Thermoplastic Vulcanizates MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2022-2027
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• Thermoplastic vulcanizates market size is
  forecast to reach 1.5 billion by 2026, after
  growing at a CAGR of 5 during 2021-2026.
• Thermoplastic vulcanizates are based on
  polyvinylidene fluoride, acrylic rubber, and
  ethylene-methacrylic acid possess excellent
  chemical resistance to acids, bases, and other
  aqueous media, and have good property retention
  owing to which it is widely utilized in various
  end-use industries
• such as automotive, building construction,
  sports, and more. In addition, thermoplastic
  vulcanizates deliver superior performance as
  compared to other substitute products such as
  conventional thermosetting rubbers owing to their
  special microstructure.

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• Key Takeaways
• Asia-Pacific dominates the thermoplastic
  vulcanizates market, owing to the increasing
  demand and production of lightweight vehicles in
  the region.
• The Chinese government expects the production of
  cars to reach 35 million by 2025, according to
  the International Trade Administration (ITA).
• Due to the presence of unique microstructure the
  fatigue resistance property of thermoplastic
  vulcanizates is extremely high compared to the
  uncross-linked blends, which imparts higher heat
  resistance and oil resistance characteristics for
  thermoplastic vulcanizates owing to which it is
  anticipated that its demand will substantially
  rise during the forecast period.

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Thermoplastic Vulcanizates Market Segment
Analysis By Geography Asia-Pacific region held
the largest share in the thermoplastic
vulcanizates market in 2020 up to 42 and is
growing at a CAGR of 6.3 during 2021-2026, owing
to the increasing automotive manufacturing and
population growth in the region. According to
OICA, the production of passenger cars in Africa
was 776,967 in 2018, which then rose to 787,287
in 2019, an increase of 1.3. According to OICA,
in 2019, the automotive production in Malaysia
and Vietnam has increased up to 571632, and
250000, i.e., 1.2, and 5.5, higher than the
previous year due to the rising per capita income
of the individuals, which further led to the
massive demand for thermoplastic vulcanizates in
APAC region.
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• Thermoplastic Vulcanizates Industry Outlook
• JSR Corporation
• Exxon Mobil Corp
• RTP Company
• DuPont de Nemours
• Mitsui Chemicals
• Celanese Corp
• LyondellBasell Industries Holdings B.V
• Mitsubishi Chemical Corp
• Ravago Manufacturing
• Kumho Polychem

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Thermoplastic Vulcanizates Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Report/1301/thermopla
stic-vulcanizates-market-analysis.html
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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  /purchasereport.php?id1301

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Reddy Contact (1) 970-236-3677 Email
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