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Global Santoprene Market: By Type of Constituent Polymer: Polypropylene, Polyolefins, Polyacrylate Rubber, Butadiene Rubber, Others; By Method of Production: Injection Moulding, Extrusion, Flame Retardant, Others; By End Use: Regional Analysis; Historical Market and Forecast (2017-2027); Competitive Landscape; Industry Events and Developments
Global Santoprene Market Outlook
The global santoprene market is being aided by thermoplastic vulcanizate market, which is expected to grow at a CAGR of 6% between 2021 and 2026.
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East and South Asian Region to Significantly Contribute to the Santoprene Industry Growth
The growth of the santoprene industry is likely to be aided by the East and South Asian regions due to the presence of numerous automobile manufacturers as well as automotive parts manufacturers in the regions. The rising disposable incomes, as well as the ongoing trend in the regions of rising car purchases, are expected to contribute to the growth of the market in the regions. Europe is also a major regional market for santoprene due to the presence of numerous key players in the region. North America will also play a significant role in the santoprene industry's growth as the region is one of the world's leading suppliers of domestic consumer products.
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Santoprene: Market Segmentation
Santoprene is a thermoplastic elastomer (TPE) with a high efficiency. It is essentially an elastomer of high performance that shows the characteristics of rubber and facilitates plastics processing.
The types of constituent polymer are:
- Polypropylene
- Polyolefins
- Polyacrylate Rubber
- Butadiene Rubber
- Others
The methods of production can be segmented as follows:
- Injection Moulding
- Extrusion
- Flame Retardant
- Bonding
- Compression Moulding
- Blow Moulding
- Others
Santoprene finds its end-uses in the following sectors:
- Automotive
- Construction
- Household Appliances
- Electrical Components
- Healthcare
- Others
The regional markets for santoprene can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand from the Automobile and Construction Industries to Bolster the Market Growth
The market growth is primarily being driven by the rising demand for automobiles triggered by the rising disposable incomes of the consumers. As a result of the rapidly rising population and their increasing purchasing power, the demand for passenger cars is constantly growing, driving the santoprene industry further. The applications of santoprene are also on the rise due to the rising demand for easy maintenance and superior engine performance that can help reduce the weight of automobiles by employing alternative materials to manufacture bulky parts.
The construction sector is also witnessing a strong growth as the number of residential, commercial, and infrastructural projects in developed and developing countries across the globe increases. It will also help to boost the santoprene industry growth due to the rising investments in phasing out old structures and creating new infrastructures in order to meet changing demands.
Key Industry Players in the Global Santoprene Market
The report gives a detailed analysis of the following key players in the global santoprene market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Exxon Mobil Corporation
- Sherwood Industries, Inc.
- Kent Elastomer Products, Inc.
- Canada Rubber Group, Inc.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type of Constituent Polymer, Method of Production, End Use, Region |
| Breakup by Type of Constituent Polymer | Polypropylene, Polyolefins, Polyacrylate Rubber, Butadiene Rubber, Others |
| Breakup by Method of Production | Injection Moulding, Extrusion, Flame Retardant, Bonding, Compression Moulding, Blow Moulding, Others |
| Breakup by End Use | Automotive, Construction, Household Appliances, Electrical Components, Healthcare, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Exxon Mobil Corporation, Sherwood Industries, Inc., Kent Elastomer Products, Inc., Canada Rubber Group, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Santoprene Market Analysis
8.1 Key Industry Highlights
8.2 Global Santoprene Historical Market (2017-2021)
8.3 Global Santoprene Market Forecast (2022-2027)
8.4 Global Santoprene Market by Type of Constituent Polymer
8.4.1 Polypropylene
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Polyolefins
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Polyacrylate Rubber
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Butadiene Rubber
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2017-2021)
8.4.4.3 Forecast Trend (2022-2027)
8.4.5 Others
8.5 Global Santoprene Market by Method of Production
8.5.1 Injection Moulding
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Extrusion
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Flame Retardant
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Bonding
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Compression Moulding
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2017-2021)
8.5.5.3 Forecast Trend (2022-2027)
8.5.6 Blow Moulding
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2017-2021)
8.5.6.3 Forecast Trend (2022-2027)
8.5.7 Others
8.6 Global Santoprene Market by End Use
8.6.1 Automotive
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Construction
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Household Appliances
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Electrical Components
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Healthcare
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
8.6.6 Others
8.7 Global Santoprene Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Exxon Mobil Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Sherwood Industries, Inc.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Kent Elastomer Products, Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Canada Rubber Group, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
Additional Customisations Available
1. Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operations Involved
2. Project Requirements and Cost Analysis
2.1 Land, Location, and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investments
List of Key Figures and Tables
1. Global Santoprene Market: Key Industry Highlights, 2016 and 2026
2. Global Santoprene Historical Market: Breakup by Type of Constituent Polymer (USD Billion), 2017-2021
3. Global Santoprene Market Forecast: Breakup by Type of Constituent Polymer (USD Billion), 2022-2027
4. Global Santoprene Historical Market: Breakup by Method of Production (USD Billion), 2017-2021
5. Global Santoprene Market Forecast: Breakup by Method of Production (USD Billion), 2022-2027
6. Global Santoprene Historical Market: Breakup by End Use (USD Billion), 2017-2021
7. Global Santoprene Market Forecast: Breakup by End Use (USD Billion), 2022-2027
8. Global Santoprene Historical Market: Breakup by Region (USD Billion), 2017-2021
9. Global Santoprene Market Forecast: Breakup by Region (USD Billion), 2022-2027
10. North America Santoprene Historical Market: Breakup by Country (USD Billion), 2017-2021
11. North America Santoprene Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Europe Santoprene Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Europe Santoprene Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Asia Pacific Santoprene Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Asia Pacific Santoprene Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Latin America Santoprene Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Latin America Santoprene Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Middle East and Africa Santoprene Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Middle East and Africa Santoprene Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Global Santoprene Market Structure
Key Questions Answered in the Report
The global santoprene market is being driven by the rising thermoplastic vulcanizate market, which is projected to grow at a CAGR of 6% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, growing demand for automobiles, increasing purchasing power, growing construction sector, rising demand for passenger cars, and the growing demand for easy maintenance and superior engine performance, are expected to aid the market growth.
The key trends guiding the growth of the market include the increasing investments in phasing out old structures and the ongoing trend of rising car purchases.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of constituent polymer in the market are polypropylene, polyolefins, polyacrylate rubber, and butadiene rubber, among others.
The major methods of production in the industry are injection moulding, extrusion, flame retardant, bonding, compression moulding, and blow moulding, among others.
The significant end use sectors in the market are automotive, construction, household appliances, electrical components, and healthcare, among others.
The major players in the industry are Exxon Mobil Corporation, Sherwood Industries, Inc., Kent Elastomer Products, Inc., and Canada Rubber Group, Inc., among others.
Analyst Review
The global santoprene market is being driven by the rising construction and automobile industries and the growing thermoplastic vulcanizate market. The thermoplastic vulcanizate market is expected to witness a healthy growth in the forecast period of 2022-2027, growing at a CAGR of 6%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on the type of constituent polymer, the market is divided into polypropylene, polyolefins, polyacrylate rubber, and butadiene rubber, among others. On the basis of the method of production, the industry is categorised into injection moulding, extrusion, flame retardant, bonding, compression moulding, and blow moulding, among others. By end use, the market is segmented into automotive, construction, household appliances, electrical components, and healthcare, among others. The major regional markets for santoprene are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Exxon Mobil Corporation, Sherwood Industries, Inc., Kent Elastomer Products, Inc., and Canada Rubber Group, Inc., among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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