Top Five Companies in the Thermoplastic Vulcanizate Market – 2018

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Thermoplastic Vulcanizate Market

Mordor Intelligence (MI) released its 2018 list of companies with the largest market share of the thermoplastic vulcanizate market.

1. Mitsui Chemicals, Inc.

Mitsui Chemicals, Inc. is a major manufacturer and supplier of thermoplastic vulcanizate for automotive parts, electric wire sheathing, domestic appliance parts, sports goods, and construction applications. The company is focusing on the expansion strategy to maintain its strong position in the market. For instance, in March 2018, the company announced its plans to construct a new manufacturing facility in Ohio, United States, to cater to the growing demand from the automotive interior application in North America.

Ask us about Mitsui Chemicals, Inc. Financials and Market Share

2. Exxon Mobil Corporation

 Exxon Mobil Corporation is one of the largest oil & gas companies and is engaged in refining and marketing petroleum and chemical products. To increase its presence in the thermoplastic vulcanizate market, the company is focusing on signing distribution agreement and launching new products. For instance, to increase its presence in the North American market, the company signed a distribution agreement with Nexeo Solutions, Inc. in March 2018. In addition, the company announced that it will be launching new grades of Santoprene brand TPV to strengthen the product portfolio and cater to the growing demand for TPV from automotive applications.

Get more info on Exxon Mobil Corporation’s Strategies and Recent Developments

3. A. Schulman, Inc.

A. Schulman, Inc. is a leading supplier of high-performance plastic compounds, composites, and resins for packaging, mobility, building & construction, electronics & electrical, agriculture, personal care & hygiene, sports, leisure & home, and custom services, among others. The company has a strong geographical footprint and is focusing on creating new applications and tailor-made solutions. In addition, it is also focusing on developing lightweight materials to align itself with industry requirements.

Ask our analyst to know more about A. Schulman, Inc. Strategies and  Competition

4. Mitsubishi Chemical Corporation

 Mitsubishi Chemical Corporation is one of the leading manufacturers of thermoplastic vulcanizate for automotive, and home appliances applications. The company is heavily focusing on R&D to develop new technologies in emerging applications to cater to the diverse demands of consumers.

Request info on Mitsubishi Chemical Corporation SWOT Analysis and Competition

5. Celanese Corporation

 Celanese Corporation manufactures and markets thermoplastic vulcanizate for automotive, construction, appliances and consumer applications. The company has broad materials portfolio with strong R&D capabilities to cater to the changing consumer preferences. In addition, the company is focusing on the merger, and acquisition strategies to increase its presence globally.

Ask us for info on Celanese Corporation strategies and competition

Here are some of the other key players mentioned in the market report:

Polyone Corporation

LCY GROUP

Trinseo

KUMHO POLYCHEM

Mexichem

Request for a sample report of the comprehensive study here

Mordor Intelligence is a market intelligence and advisory firm operating in 14 industry segments, serving over 600 clients, worldwide.

Arpit Gupta
Arpit Gupta Arpit Gupta is a Research Analyst with Mordor Intelligence, a market research and consulting firm, based in Hyderabad, India, with capabilities in primary and secondary research and analysis. He has a Master’s Degree in Automobile Engineering from V.J.T.I, Mumbai. Having worked in domains such as chemicals, advanced materials, machineries, and food & beverages. He has worked on various assignments involving market estimation, market intelligence, porter's five forces analysis, company profiling, and feasibility analysis.
Arpit Gupta Arpit Gupta is a Research Analyst with Mordor Intelligence, a market research and consulting firm, based in Hyderabad, India, with capabilities in primary and secondary research and analysis. He has a Master’s Degree in Automobile Engineering from V.J.T.I, Mumbai. Having worked in domains such as chemicals, advanced materials, machineries, and food & beverages. He has worked on various assignments involving market estimation, market intelligence, porter's five forces analysis, company profiling, and feasibility analysis.  

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