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  • Writer's picturemegha chitare

Thermoplastic Styrene Block Copolymer (TPS) Market, Global Outlook and Forecast 2023-2030

The global Thermoplastic Styrene Block Copolymer (TPS) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


TPS is a TPE based on styrene block copolymers (SBC). Thermoplastic styrenic elastomers (TPS) are the most rubber-like of TPEs, having outstanding flexibility and elasticity.



This report aims to provide a comprehensive presentation of the global market for Thermoplastic Styrene Block Copolymer (TPS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoplastic Styrene Block Copolymer (TPS). This report contains market size and forecasts of Thermoplastic Styrene Block Copolymer (TPS) in global, including the following market information:


  • Global Thermoplastic Styrene Block Copolymer (TPS) Market Revenue, 2018-2023, 2024-2030, ($ millions)

  • Global Thermoplastic Styrene Block Copolymer (TPS) Market Sales, 2018-2023, 2024-2030, (Kiloton)

  • Global top five Thermoplastic Styrene Block Copolymer (TPS) companies in 2022 (%)


The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.

Styrene-Butadiene-Styrene (SBS) Segment to Reach $ Million by 2029, with a % CAGR in next six years.


The global key manufacturers of Thermoplastic Styrene Block Copolymer (TPS) include Asahi Kasei Corporation, Avient Corporation, SINOPEC, INEOS, JSR Corporation, Kraton Corporation, Kuraray, LCY Group and LG Chem, etc. in 2022, the global top five players have a share approximately % in terms of revenue.

We surveyed the Thermoplastic Styrene Block Copolymer (TPS) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Thermoplastic Styrene Block Copolymer (TPS) Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)

Global Thermoplastic Styrene Block Copolymer (TPS) Market Segment Percentages, by Type, 2022 (%)


  • Styrene-Butadiene-Styrene (SBS)

  • Styrene-Isoprene-Styrene (SIS)

  • SEBS

  • SEPS

  • Others


Global Thermoplastic Styrene Block Copolymer (TPS) Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)

Global Thermoplastic Styrene Block Copolymer (TPS) Market Segment Percentages, by Application, 2022 (%)


  • Asphalt Modification

  • Footwear

  • Polymer Modification

  • Adhesives and Sealants

  • Other


Global Thermoplastic Styrene Block Copolymer (TPS) Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (Kiloton)

Global Thermoplastic Styrene Block Copolymer (TPS) Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Thermoplastic Styrene Block Copolymer (TPS) revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Thermoplastic Styrene Block Copolymer (TPS) revenues share in global market, 2022 (%)

  • Key companies Thermoplastic Styrene Block Copolymer (TPS) sales in global market, 2018-2023 (Estimated), (Kiloton)

  • Key companies Thermoplastic Styrene Block Copolymer (TPS) sales share in global market, 2022 (%)

key players include:


  • Asahi Kasei Corporation

  • Avient Corporation

  • SINOPEC

  • INEOS

  • JSR Corporation

  • Kraton Corporation

  • Kuraray

  • LCY Group

  • LG Chem

  • TSRC

  • Zeon Corporation


Outline of Major Chapters:

Chapter 1: Introduces the definition of Thermoplastic Styrene Block Copolymer (TPS), market overview.

Chapter 2: Global Thermoplastic Styrene Block Copolymer (TPS) market size in revenue and volume.

Chapter 3: Detailed analysis of Thermoplastic Styrene Block Copolymer (TPS) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Thermoplastic Styrene Block Copolymer (TPS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Thermoplastic Styrene Block Copolymer (TPS) capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Thermoplastic Styrene Block Copolymer (TPS) Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Thermoplastic Styrene Block Copolymer (TPS) Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Thermoplastic Styrene Block Copolymer (TPS) Overall Market Size 2.1 Global Thermoplastic Styrene Block Copolymer (TPS) Market Size: 2022 VS 2030 2.2 Global Thermoplastic Styrene Block Copolymer (TPS) Revenue, Prospects & Forecasts: 2018-2030 2.3 Global Thermoplastic Styrene Block Copolymer (TPS) Sales: 2018-2030 3 Company Landscape 3.1 Top Thermoplastic Styrene Block Copolymer (TPS) Players in Global Market 3.2 Top Global Thermoplastic Styrene Block Copolymer (TPS) Companies Ranked by Revenue 3.3 Global Thermoplastic Styrene Block Copolymer (TPS) Revenue by Companies 3.4 Global Thermoplastic Styrene Block Copolymer (TPS) Sales by Companies 3.5 Global Thermoplastic Styrene Block Copolymer (TPS) Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Thermoplastic Styrene Block Copolymer (TPS) Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Thermoplastic Styrene Block Copolymer (TPS) Product Ty

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