Thermoplastic Elastomer (TPE) Prices

Thermoplastic Elastomer (TPE) Price Trend, Index and Forecast

Track the latest insights on thermoplastic elastomer (TPE) price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Thermoplastic Elastomer (TPE) Prices Outlook Q3 2025

• USA: USD 5664/MT
• China: USD 1795/MT
• Germany: USD 7480/MT
• India: USD 2030/MT
• Japan: USD 2386/MT

Thermoplastic Elastomer (TPE) Price Chart

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During the third quarter of 2025, the thermoplastic elastomer (TPE) prices in the USA reached 5664 USD/MT in September. The quarterly decline in the USA reflected weakening spot demand from major end-use sectors and inventory destocking by large processors. Buyers delayed restocking amid expectations of continued softness, placing downward pressure on domestic transaction levels and trading margins. Concurrently, competitive imports exerted additional downward influence on spot offers, while producers incentivized volume through more flexible commercial terms.

During the third quarter of 2025, the thermoplastic elastomer (TPE) prices in China reached 1795 USD/MT in September. The market in China was characterized by broad downside pressure driven by subdued downstream intake across consumer and industrial applications. Domestic processors reduced order sizes to manage high on-site inventories, prompting sellers to lower offers to stimulate throughput. Export opportunities were constrained by improved availability in competing supply regions, diminishing arbitrage incentives.

During the third quarter of 2025, the thermoplastic elastomer (TPE) prices in Germany reached 7480 USD/MT in September. German TPE experienced upward pressure in the quarter, underpinned by firmer demand from specialized automotive and engineering segments that required higher-performance grades. Tightness for certain specialty grades, driven by longer lead times at upstream suppliers and targeted allocations, supported supplier pricing power.

During the third quarter of 2025, the thermoplastic elastomer (TPE) prices in India reached 2030 USD/MT in September. The market registered downward movement as end-user demand softened across footwear and consumer goods segments, prompting processors to scale back procurement volumes. Local sellers responded by easing prices to accelerate throughput and clear warehouse positions accumulated from prior periods.

During the third quarter of 2025, the thermoplastic elastomer (TPE) prices in Japan reached 2386 USD/MT in September. Japan’s TPE market moved lower as demand from key electronics and automotive components manufacturers moderated and procurement teams deferred nonessential purchases. Domestic converters prioritized flexibility and lean inventory practices, reducing spot buying and pressuring transactional levels.

Thermoplastic Elastomer (TPE) Prices Outlook Q2 2025

• USA: USD 5974/MT
• China: USD 1962/MT
• Germany: USD 7242/MT
• India: USD 2151/MT
• Japan: USD 2580/MT

During the second quarter of 2025, the thermoplastic elastomer (TPE) prices in the USA reached 5974 USD/MT in June. As per the thermoplastic elastomer (TPE) price chart, the decline in prices in the US during April was primarily driven by subdued demand from key end-use sectors, particularly automotive. Despite earlier supply tightness, the market witnessed a shift in April as consumption weakened. The automotive sector, which constitutes a significant portion of TPE usage for interior parts, seals, and components, remained under pressure due to elevated interest rates and a delay in fleet renewals. This discouraged both consumer purchases and large-scale procurement by fleet operators, resulting in lower offtake of TPE materials.

During the second quarter of 2025, the thermoplastic elastomer (TPE) prices in China reached 1962 USD/MT in June. Prices in China faced downward pressure, largely driven by persistent oversupply and subdued downstream demand. The surplus inventory held by domestic producers flooded the regional market, exacerbating the supply-demand imbalance. Simultaneously, falling feedstock styrene prices reduced production costs, further pulling down TPE price levels.

During the second quarter of 2025, thermoplastic elastomer (TPE) prices in Germany reached 7242 USD/MT in June. Prices in Germany experienced a marginal uptick. This slight hike was primarily driven by persistently elevated styrene prices, a key feedstock in TPE production, which added an upward pressure on manufacturers. Compounding the situation, production rates across Europe remained constrained, contributing to a tighter supply environment. However, the extent of the price increase was limited by subdued demand, particularly from the automotive sector, a major end-user of TPE. Germany’s auto industry, still grappling with slow recovery and reduced output, led to softer procurement activity.

During the second quarter of 2025, the thermoplastic elastomer (TPE) prices in India reached 2151 USD/MT in June. Supply remained constrained in Q2. Indian stakeholders were cautious in inventory management due to uncertain Chinese export flows. Tighter availability of Asian feedstock added urgency among domestic purchasers, sustaining higher spot prices. Domestic factors contributed too. Government manufacturing initiatives and upticks in consumer goods output gave additional support to TPE demand. Plus, logistic costs stayed elevated, keeping landed prices firm, especially in key metro hubs.

During the second quarter of 2025, the thermoplastic elastomer (TPE) prices in Japan reached 2580 USD/MT in June. Automotive and electronics demand in Japan provided steady baseline demand, particularly in EV wiring harnesses, seals, and lightweight components. However, this demand was not strong enough to offset broader oversupply trends. Moreover, applications outside automotive, such as consumer electronics and medical devices, showed growth trends further influencing prices.

Thermoplastic Elastomer (TPE) Prices Outlook Q1 2025

• USA: US$ 6166/MT
• China: US$ 2006/MT
• Germany: US$ 6997/MT
• India: US$ 2186/MT
• Japan: US$ 2611/MT

During the first quarter of 2025, the thermoplastic elastomer (TPE) prices in the USA reached 6166 USD/MT in March. As per the thermoplastic elastomer (TPE) price chart, by March, pricing was essentially constant due to weak local orders and better transportation. Although auto demand initially helped, severe weather caused automobile sales to decline and inventory levels decreased.

During the first quarter of 2025, thermoplastic elastomer (TPE) prices in China reached 2006 USD/MT in March. The market was impacted by strong production activity and high plant utilization. The negative pressure persisted as February's lower TPE output was unable to counteract the buildup of inventory. Despite an increase in production, the market remained lackluster, with purchases restricted to necessities due to low styrene prices and ongoing buyer hesitancy.

During the first quarter of 2025, the thermoplastic elastomer (TPE) prices in Germany reached 6997 USD/MT in March. As the automobile sector continued to slow down, Germany's TPE demand deteriorated. Low styrene availability and plant limitations continued to result in limited production and high prices. Although styrene prices rose once more in March, the general state of the market remained muted due to sluggish market activity, particularly in the automobile manufacturing sector.

During the first quarter of 2025, the thermoplastic elastomer (TPE) prices in India reached 2186 USD/MT in March. Buyers remained cautious despite a steady supply, which limited restocking due to volatile styrene prices. China's imports helped keep prices competitive, but post-holiday slowdowns caused end-user industries, particularly the automotive and appliance sectors, to display lower activity. Despite slight logistical improvements, weaker sentiment kept prices steady but under pressure throughout the quarter.

During the first quarter of 2025, the thermoplastic elastomer (TPE) prices in Japan reached 2611 USD/MT in March. The industry saw minimal change due to consistent but unimpressive demand. The void left by modest local output was filled by imports. Overall activity was constrained by a sluggish automobile recovery and cautious buyer procurement. Key factories maintained moderate operating rates, and the market avoided severe price volatility in March as styrene prices decreased.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing thermoplastic elastomer (TPE) prices.

Europe Thermoplastic Elastomer (TPE) Price Trend

Q3 2025:

In the third quarter of 2025, the thermoplastic elastomer (TPE) price index in Europe showed an overall upward trend supported by firmer demand across several high-value industrial segments. Automotive and medical-device manufacturers expanded procurement as production schedules stabilized, allowing suppliers to strengthen their pricing position. Limited availability of specialized grades, driven by targeted allocations and prolonged lead times at key production sites, further reinforced upward momentum. Buyers in multiple European markets secured advance volumes to mitigate potential supply tightness, reducing spot liquidity and supporting firmer offers.

Q2 2025:

Prices in Europe experienced a modest upward trend in April. This slight increase was primarily driven by persistently elevated styrene prices, a key feedstock in TPE production. Furthermore, subdued production levels across several European facilities contributed to tighter supply, supporting the minor price escalation. However, the overall price gain was capped by sluggish demand, particularly from the automotive sector, which is a major consumer of TPEs. The region’s automotive production continued to face challenges, including soft consumer sentiment and delayed recovery in manufacturing activities, leading to muted off-take. Additionally, adequate inventory levels across the value chain limited the urgency for spot purchases. As a result, while cost-push pressures supported a slight uptick, market fundamentals remained weak.

Q1 2025:

As per the thermoplastic elastomer (TPE) price index, the market saw a minor increase in European TPE prices, mostly due to higher input costs and limited output. Slowdowns over the holiday season and low operating rates at Styrene plants limited availability. Trade was restricted by port congestion, which exacerbated logistical difficulties. Although styrene prices elevated once more in March, the total demand for TPE was held back by a slowdown in manufacturing, particularly in Belgium.

This analysis can be extended to include detailed thermoplastic elastomer (TPE) price information for a comprehensive list of countries.

North America Thermoplastic Elastomer (TPE) Price Trend

Q3 2025:

During Q3 2025, North America saw price weakening for thermoplastic elastomer driven primarily by reduced spot purchasing and inventory optimization among converters. Automotive and industrial demand moderation translated into lower throughput requirements, prompting processors to adopt conservative buying patterns and pressuring spot offers. Conversely, certain specialty-grade segments retained stronger fundamentals due to contract-driven programs, resulting in localized resilience. Trade adjustments, including increased inbound availability from competitive sourcing regions, limited upside for domestic sellers and supported softer transacted levels.

Q2 2025:

As evident by the thermoplastic elastomer (TPE) price index, prices in North America experienced downward pressure, especially in the US market. This price softening was primarily influenced by persistent weakness in the automotive industry, which is a major end-user of TPE materials. High interest rates continued to suppress vehicle demand, causing delays in both consumer purchases and fleet renewals. Consequently, this led to reduced TPE procurement from auto manufacturers. Although supply tightness characterized earlier months, the subdued demand from the automotive sector outweighed supply-side constraints by April. Moreover, the construction sector, another key consumer of TPE, offered only marginal support, with sluggish project activity and cautious spending on infrastructure and housing projects. As a result, downstream consumption remained weak.

Q1 2025:

The market had a continuous downward pricing trend due to abundant supply and decreased use in key industries. Values saw a little decline in January as domestic production remained stable and was exacerbated by a surge in imports from Asian nations at competitive prices. Due to the effects of winter and other economic challenges, industrial and agrochemical uptake remained slow even though raw material prices were comparatively stable. Early planting preparations revealed a modest level of agricultural demand in February, but the momentum was slowed by mixed construction and industry activity.

Specific thermoplastic elastomer (TPE) historical data within the United States and Canada can also be provided.

Middle East and Africa Thermoplastic Elastomer (TPE) Price Trend

Q3 2025:

The report explores the thermoplastic elastomer (TPE) trends and thermoplastic elastomer (TPE) price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices. 

Q2 2025:

As per the thermoplastic elastomer (TPE) price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences.

In addition to region-wise data, information on thermoplastic elastomer (TPE) prices for countries can also be provided.

Asia Pacific Thermoplastic Elastomer (TPE) Price Trend

Q3 2025:

During Q3 2025, Asia Pacific’s thermoplastic elastomer market demonstrated pronounced softness in transactional levels due to subdued regional demand and active inventory management by converters. Manufacturing hubs scaled back discretionary buying, and export-driven arbitrage opportunities contracted as competing supply regions also adjusted offers. However, pockets of firmer demand for higher-performance grades persisted in specialist manufacturing clusters, supporting differentiated pricing across product categories. Logistics normalization reduced transport premiums, easing landed costs and contributing to downward pressure on spot quotations.

Q2 2025:

Prices in the Asia Pacific region faced downward pressure. This slump was largely attributed to excess inventory flooding the market, particularly from China, which maintained high production levels despite tepid regional demand. The situation was further exacerbated by falling feedstock costs, especially the decline in styrene prices, which lowered overall production costs and thus the market offering prices. By April, many regional buyers were focused on depleting their existing stock rather than initiating new purchases, a trend driven by weak consumption from key downstream industries such as automotive, consumer goods, and construction. Although some short-lived restocking activities were observed, they failed to significantly impact the price trajectory due to the persistent supply glut.

Q1 2025:

Due to plentiful Chinese supply and weak demand, the market leaned bearish in the quarter. Exporters pushed excess stock into Southeast Asia as a result of inventory overflow caused by high production rates at local Chinese companies. In the midst of soft freight rates, this escalated downward pressure. Regional demand was moderated by Ramadan and careful purchasing. Chinese output temporarily decreased in February, but stocks stayed high. Besides, by depending on the current supply, buyers mostly avoided restocking. Production in China recovered in March, but regional pricing pressure was increased by persistent freight losses and worse styrene values.

This thermoplastic elastomer (TPE) price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Thermoplastic Elastomer (TPE) Price Trend

Q3 2025

Latin America's thermoplastic elastomer (TPE) market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in thermoplastic elastomer (TPE) prices.

Q2 2025:

Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the thermoplastic elastomer (TPE) price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing thermoplastic elastomer (TPE) pricing trends in this region.

Q1 2025:

Latin America's thermoplastic elastomer (TPE) market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in thermoplastic elastomer (TPE) prices. Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting the region's ability to meet international demand consistently. Moreover, the thermoplastic elastomer (TPE) price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing thermoplastic elastomer (TPE) pricing trends in this region.

This comprehensive review can be extended to include specific countries within the region.

Thermoplastic Elastomer (TPE) Pricing Report, Market Analysis, and News

IMARC's latest publication, “Thermoplastic Elastomer (TPE) Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” presents a detailed examination of the thermoplastic elastomer (TPE) market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of thermoplastic elastomer (TPE) at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed thermoplastic elastomer (TPE) prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting thermoplastic elastomer (TPE) pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Thermoplastic Elastomer (TPE) Industry Analysis

The global thermoplastic elastomer (TPE) market size reached USD 30.36 Billion in 2025. By 2034, IMARC Group expects the market to reach USD 51.10 Billion, at a projected CAGR of 5.96% during 2026-2034. The market is primarily driven by the expanding demand in automotive, medical, and consumer electronics applications, the shift toward recyclable and lightweight materials, and supplier investments in specialty grades and capacity.

Latest News and Developments:

• February 2025: KRAIBURG TPE, a global producer of thermoplastic elastomers, announced its participation in CHINAPLAS 2025. The company planned to present its newest TPE developments designed for multiple end-use industries during the event held in April 2025 at the Shenzhen World Exhibition and Convention Center in China.

Product Description

TPEs are a class of polymers that combine the properties of thermoplastics and elastomers. They are recyclable and remoldable as they are capable of melting and can be recast in numerous cycles. They are widely used in cars, medical equipment, electric appliances, construction tools, and sports articles. TPEs are employed in automotive applications such as seals gaskets and interior solutions due to the material’s high durability as well as flexibility. They are opted in medical applications for tubing and catheters due to biocompatibility and sterilization issues.

The main benefits of TPEs are their good elasticity, endurance to chemically active substances and UV or light, and compatibility with the most frequently used plastic manufacturing processes, including injection molding and extrusion. Different kinds of TPEs include SBCs, TPOs, TPVs, TPUs, and COPEs. Each type was found to possess varying properties that make it ideal for use in certain aspects, making them more attractive across industries.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of thermoplastic elastomer (TPE) pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting thermoplastic elastomer (TPE) price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The thermoplastic elastomer (TPE) price charts ensure our clients remain at the forefront of the industry.