Thermoplastic Polyamide Elastomers Market – Snapshot

Thermoplastic polyamide elastomers are high performing thermoplastic block co-polymers that are based on nylon and polyethers. These elastomers possess hard and soft parts. Chemical structure and composition of both these parts determine the mechanical and thermal properties of thermoplastic polyamide elastomers. Hard segments are based primarily on aliphatic polyamides, while soft segments are based on aliphatic polyethers and polyesters. Thermoplastic polyamide elastomers can be processed by injection molding, extrusion, blow molding, thermoforming, and rotational molding. These elastomers are examples of polymers that are synthesized by the polycondensation reactions between functional groups. Thermoplastic polyamide elastomers can also be synthesized by the anionic ring opening polymerization of lactams. Chemical composition, molecular weight distribution, and proportion of hard and soft segments are factors that affect the final properties of thermoplastic polyamide elastomers. Hard segments primarily control the degree of crystallinity, melting point, and mechanical strength. Soft segments are responsible for low temperature flexibility, chemical resistance, and thermal stability.

Key applications of thermoplastic polyamide elastomers include consumer goods (sports accessories and home appliances), automotive, medical, electrical & electronics, industrial, and others (including anti-static additives and breathable films). Thermoplastic polyamide elastomers are used primarily in areas where other thermoplastic elastomers fail to perform, especially in low temperature conditions. Thermoplastic polyamide elastomers are widely employed in the sport and leisure goods industry. Important applications include outsoles, ski boots, goggles, tennis rackets, and bike handles. In the medical industry, thermoplastic polyamide elastomers are used for medical devices that require good flexibility, breathability, and sterilization resistance. Shift of consumers toward fitness and sports activities owing to health concerns; and rise in application of advanced thermoplastic elastomers in winter sports accessories are estimated to boost the demand for thermoplastic polyamide elastomers.

thermoplastic polyamide elastomers market

Based on product, the global thermoplastic polyamide elastomers market has been bifurcated into ether-based and ester-based. In terms of application, the global thermoplastic polyamide elastomers market has been classified into consumer goods, automotive, medical, electrical & electronics, industrial, and others (including anti-static additives and edge breathers). Consumer goods, which includes sports accessories and home appliances, is the dominant application segment of the global thermoplastic polyamide elastomers market.

Rise in awareness about health benefits of fitness activities is considered a key factor driving the demand for thermoplastic polyamide elastomers. Technological advancement in the athletic footwear industry allows manufacturers to produce footwear that are light in weight, durable, fashionable, and comfortable. The ability of thermoplastic polyamide elastomers to withstand cold temperature conditions is triggering their consumption in skis, ski boots, and other winter sports equipment. Ether content in ether-based thermoplastic polyamide elastomers carries low glass transition temperature and helps attain high energy return even in sub-zero environments. Beneficial properties of thermoplastic polyamide elastomers include lightness of weight, high comfort, toughness and flexibility, cold temperature performance, impact resistance, quick shape recovery, easy processing and good over molding.

Demand for thermoplastic polyamide elastomers has been increasing in the manufacture of medical devices such as catheters, tubes, masks, and bags. Properties of thermoplastic polyamide elastomers such as high sterilization resistance, easy blending with other polymers, high torque transference, excellent impact resistance, and resistance to harsh chemicals are projected to propel the demand for thermoplastic polyamide elastomers. General medical applications of polyamide thermoplastic elastomers include tubing, catheters, grips (razors, surgical tools), seals, vial closures, drug delivery or monitoring patches, connectors, and soft touch surfaces. Thermoplastic polyamide elastomers and their properties make them ideal for usage in applications such as prosthetics, surgical instruments, and mobility aids. Thermoplastic polyamide elastomers are soft enough to use on patient skin surfaces. They can be hardened and made to withstand repeated use and shocks.

Based on region, the global thermoplastic polyamide elastomers market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of revenue and volume, North America dominated the global thermoplastic polyamide elastomers market in 2018 with major consumption from the U.S. In terms of consumption, North America is followed by Europe. Germany, France, and Italy are prominent countries of the thermoplastic polyamide elastomers market in Europe. Key factors driving the thermoplastic polyamide elastomers market in Asia Pacific are growth in the medical device market, government initiatives, and low labor costs. Japan and China are the major countries dominating the thermoplastic polyamide elastomers market in Asia Pacific. Demand for thermoplastic polyamide elastomers in Middle East & Africa and Latin America has been increasing at a moderate pace since the last few years. The trend is expected to continue in the near future.

Key players operating in the global thermoplastic polyamide elastomers market are focusing on capacity expansion and mergers. This is expected to propel the global market during the forecast period. The number of players, especially small- and medium-scale manufacturers, operating in the global thermoplastic polyamide elastomers market is moderately high. The market is moderately fragmented. Prominent manufacturers operating in the global thermoplastic polyamide elastomers market include Arkema S.A, Evonik Industries AG, BASF SE, PolyOne, SABIC, LG Chem Ltd, RTP Company, Inc., KRAIBURG, and Kuraray America Inc.

Thermoplastic Polyamide Elastomers Market – Overview

Thermoplastic polyamide elastomers are employed in a wide range of applications owing to their superior mechanical and chemical properties. Consumer goods is the primary end-user industry of the global thermoplastic polyamide elastomers market. These elastomers are employed in the manufacture of outsoles, ski boots, goggles, tennis rackets, bike handles etc. Thermoplastic polyamide elastomers consist of soft elastomeric and hard plastic parts. This unique chemical composition makes them ideal for usage in applications such as winter sports equipment and apparel. Hard segments are based primarily on aliphatic polyamides, while soft segments are based on aliphatic polyethers and polyesters. Chemical composition, molecular weight distribution, and proportion of hard and soft segments are the factors that affect the final properties of thermoplastic polyamide elastomers.

Increase in consumer awareness about the health benefits of fitness activities and rise in demand for advanced thermoplastic elastomers in winter sports accessories are anticipated to boost the demand for thermoplastic polyamide elastomers. Demand for thermoplastic polyamide elastomers has been rising in the medical industry owing to the growth in demand for these elastomers in medical device applications such as catheters, tubes, masks, and bags. Increase in demand for thermoplastic polyamide elastomers in electrical and electronics applications is also anticipated to drive the demand for thermoplastic polyamide elastomers in the near future. Expansion in the electrical and electronics industry, owing to technological advancements in electronic gadgets and devices, is estimated to propel the global thermoplastic polyamide elastomers market.

The thermoplastic polyamide elastomers market is highly concentrated in developed regions such as North America and Europe. This can be ascribed to the presence of key manufacturers of athletic sports accessories such as Nike, New Balance, and Puma in these regions. Manufacturers such as Arkema Group, Evonik Industries AG, and PolyOne Corporation have operational units in North America and Europe. These companies are striving to introduce highly advanced thermoplastic polyamide elastomers in these regions. The thermoplastic polyamide elastomers market in Asia Pacific is likely to expand significantly in the near future. Increase in consumer awareness about health and physical activities and rise in number of new production facilities opened by manufacturers of various end-products of thermoplastic polyamide elastomers are fueling the market in the region. Most manufacturers are focused on the production of green materials and reduction in consumption of plastics.

In terms of product, the global thermoplastic polyamide elastomers market can be bifurcated into ether-based and ester-based. Ether-based polyamide elastomers or PEBA (polyether-amide block copolymers) are commercially important types of thermoplastic polyamide elastomers. These elastomers possess outstanding low-temperature flexibility, and good resistance to weathering, chemicals, wear, and heat. This makes them ideal for usage in applications that require high durability in varying temperatures and chemical environments. Based on application, the global thermoplastic polyamide elastomers market can be divided into consumer goods, automotive, medical, electrical & electronics, industrial, and others (including anti-static additives and breathable films). The consumer goods segment includes sports accessories and home appliances.

The report analyzes and forecasts the thermoplastic polyamide elastomers market at the global and regional levels. The market has been projected in terms of volume (tons) and value (US$ Thousand) for the period from 2018 to 2027. The study includes drivers and restraints of the global thermoplastic polyamide elastomers market. It also encompasses the anticipated impact of these drivers and restraints on the demand for thermoplastic polyamide elastomers during the forecast period. The report highlights opportunities in the market at global and regional levels.

The report comprises detailed value chain analysis, which provides a comprehensive view of the global thermoplastic polyamide elastomers market. The Porter’s Five Forces model for the thermoplastic polyamide elastomers market has also been included to help understand the competition landscape of the market. The study encompasses market attractiveness analysis, wherein product and application segments have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the global thermoplastic polyamide elastomers market by segmenting it in terms of product, application, and region. These segments have been analyzed based on the present and future trends. Regional segmentation includes the current and forecast demand for thermoplastic polyamide elastomers in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The study encompasses profiles of major companies operating in the global thermoplastic polyamide elastomers market. Key players profiled in the report on the global thermoplastic polyamide elastomers market include Arkema S.A, Evonik Industries AG, BASF SE, PolyOne ,SABIC, LG Chem Ltd, and KRAIBURG . Market leaders engage in strategic pricing and product improvement to increase their profit margins.

Key Takeaways

  • Extensive analysis of market trends from 2019 to 2027 to identify growth opportunities and market developments
  • Comparative analysis of various applications, wherein thermoplastic polyamide elastomers are utilized
  • Key factors that create opportunities in the thermoplastic polyamide elastomers market at global, regional, and country levels
  • Comprehensive analysis with respect to investments and regulatory scenario that are likely to impact the outlook and forecast of the global thermoplastic polyamide elastomers market between 2019 and 2027
  • Detailed competition landscape of key players operating in the market to help understand the competition level
  • Demand-supply scenario of the thermoplastic polyamide elastomers market
  • Detailed pricing analysis based on regional and product segments
  • Porter’s Five Forces Analysis to highlight the power of buyers and suppliers

The global thermoplastic polyamide elastomers market is segmented as follows: -

Product

  • Ether-based
  • Ester-based

Application

  • Consumer Goods
    • Sports Accessories
    • Home Appliances
  • Automotive
  • Medical
  • Electrical & Electronics
  • Industrial
  • Others (including Anti-static Additives and Breathable Films)

Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Thermoplastic Polyamide Elastomers Market

Buy Now