| Product Code: ETC4638519 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Bulgaria`s import of thermoplastic elastomers continued to see a significant increase, with top exporting countries being Bulgaria, Netherlands, USA, Belgium, and Japan. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis concentration, as measured by the HHI, remained high but slightly decreased from the previous year. With a remarkable compound annual growth rate of 17.21% from 2020 to 2024, the sector demonstrates strong expansion potential. The growth rate in 2024 also remained positive at 4.76%, indicating a steady upward trajectory in the import of thermoplastic elastomers to Bulgaria.

By 2027, Bulgaria's Thermoplastic Elastomers market is forecasted to achieve a growing growth rate of 6.94%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bulgaria Thermoplastic Elastomers Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Thermoplastic Elastomers Market - Industry Life Cycle |
3.4 Bulgaria Thermoplastic Elastomers Market - Porter's Five Forces |
3.5 Bulgaria Thermoplastic Elastomers Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Bulgaria Thermoplastic Elastomers Market Revenues & Volume Share, By End users, 2021 & 2031F |
4 Bulgaria Thermoplastic Elastomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and construction industries |
4.2.2 Growing awareness about environmental sustainability leading to a shift towards recyclable materials |
4.2.3 Technological advancements in thermoplastic elastomers manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Competition from substitute materials like thermoset elastomers |
4.3.3 Regulatory challenges related to product safety and environmental regulations |
5 Bulgaria Thermoplastic Elastomers Market Trends |
6 Bulgaria Thermoplastic Elastomers Market Segmentations |
6.1 Bulgaria Thermoplastic Elastomers Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Polyurethane, 2021-2031F |
6.1.3 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Vulcanizates, 2021-2031F |
6.1.4 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Polyolefins, 2021-2031F |
6.1.5 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Copolymer Esters, 2021-2031F |
6.1.6 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Styrene Block Copolymer, 2021-2031F |
6.1.7 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bulgaria Thermoplastic Elastomers Market, By End users |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.3 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Appliances & Whitegoods, 2021-2031F |
6.2.5 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Bulgaria Thermoplastic Elastomers Market Revenues & Volume, By Others, 2021-2031F |
7 Bulgaria Thermoplastic Elastomers Market Import-Export Trade Statistics |
7.1 Bulgaria Thermoplastic Elastomers Market Export to Major Countries |
7.2 Bulgaria Thermoplastic Elastomers Market Imports from Major Countries |
8 Bulgaria Thermoplastic Elastomers Market Key Performance Indicators |
8.1 Research and development investment in new TPE formulations |
8.2 Number of new product launches in the Bulgaria TPE market |
8.3 Adoption rate of TPE materials in key end-use industries |
9 Bulgaria Thermoplastic Elastomers Market - Opportunity Assessment |
9.1 Bulgaria Thermoplastic Elastomers Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Bulgaria Thermoplastic Elastomers Market Opportunity Assessment, By End users, 2021 & 2031F |
10 Bulgaria Thermoplastic Elastomers Market - Competitive Landscape |
10.1 Bulgaria Thermoplastic Elastomers Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Thermoplastic Elastomers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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