Global EV Thermoplastic Vulcanizate Market 2024-2030
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Global EV Thermoplastic Vulcanizate Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

EV THERMOPLASTIC VULCANIZATE MARKET

 

INTRODUCTION TOEV THERMOPLASTIC VULCANIZATE MARKET

EV Thermoplastic Vulcanizates, also known as TPVs, are generally made of polypropylene and EPDM rubber and belong to the family of polymers known as thermoplastic elastomers.Vulcanization of the EPDM rubber inside the polypropylene matrix results in good compression set resistance.

 

The automobile sector uses TPV primarily in products like air bag covers for CVJ boots. And because of its tendency to melt, it is also used in building and construction for things like weather strips and glazing seals.

 

Over the past few years, the automotive business has become increasingly interested in thermoplastic vulcanizates. Panel hole plugs, gaskets, vibration dampeners, air inlet duct covers, headlamp seals, and weather stripping seals are frequently made of TPV.

 

To put it simply, TPV has become more popular for automotive applications because of what the substance offers:

 

Excellent performance over the long term makes it a strong option for achieving vehicle durability standards. Weight-reduction - Engineers may create smaller profiles out of this material, which makes it even lighter and helps to further reduce weight.

 

Flexible design. Recyclability - This reduces waste and saves money. Processing simplicity - This leads to higher production rates and, in many circumstances, lower piece prices.

 

EV THERMOPLASTIC VULCANIZATE MARKET SIZE AND FORECAST

 

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The Global EV thermoplastic vulcanizate market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

EV THERMOPLASTIC VULCANIZATE MARKETNEW PRODUCT LAUNCH

An alloy of fully vulcanised EPDM rubber dispersed in a PP phase makes up Santoprene TPV thermoplastic rubber. It is available in natural and black colours and can be supplied from Shore A 35 to Shore D 50.

 

There are grades that are UV- and Copper-stabilised, flame-retardant, and low-fogging for car interiors. Santoprene TPV is used in 2-component injection moulding, industrial & consumer applications, and a number of automotive approvals.

 

This type combines the advantages of vulcanised rubber with the processing simplicity of thermoplastics, and it also provides lower system costs, potential sustainability at a distinctive constant level, and global availability.

 

A buffer pad that contains and or is otherwise made of thermoplastic vulcanizates is offered here TPV. For instance, in electric automobiles, this buffer pad is particularly located between battery cells or modules.

 

TPV-based buffer pads have a number of benefits over conventional buffer pads, including balanced stiffness and compression, improved sealing, increased flexibility, and ease of manufacture. The battery pack is provided with a high-quality and economical solution by the TPV-based buffer pad.

 

EV THERMOPLASTIC VULCANIZATE MARKETCOMPANY PROFILE

 

THISEV THERMOPLASTIC VULCANIZATE MARKETREPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many EV thermoplastic vulcanizate are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global EV thermoplastic vulcanizate and key vendor selection criteria
  3. Where is the EV thermoplastic vulcanizate manufactured? What is the average margin per unit?
  4. Market share of Global EV thermoplastic vulcanizate market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture Global EV thermoplastic vulcanizate in-house
  6. key predictions for next 5 years in Global EV thermoplastic vulcanizate market
  7. Average B-2-B EV thermoplastic vulcanizate market price in all segments
  8. Latest trends in EV thermoplastic vulcanizate market, by every market segment
  9. The market size (both volume and value) of the EV thermoplastic vulcanizate market in 2024-2030 and every year in between?
  10. Production breakup of EV thermoplastic vulcanizate market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix