| Product Code: ETC4638532 | 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 |
Cyprus saw a significant rise in thermoplastic elastomers import shipments in 2024, with top exporters being China, Greece, Poland, Netherlands, and Italy. The market exhibited very high concentration levels, indicating a strong dominance of these key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 14.97%, with a moderate growth rate of 2.07% from 2023 to 2024. This data suggests a robust and stable market for thermoplastic elastomers in Cyprus, driven by consistent demand and strong supplier relationships.

The Thermoplastic Elastomers market in Cyprus is projected to grow at a stable growth rate of 1.51% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Cyprus Thermoplastic Elastomers Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Thermoplastic Elastomers Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Thermoplastic Elastomers Market - Industry Life Cycle |
3.4 Cyprus Thermoplastic Elastomers Market - Porter's Five Forces |
3.5 Cyprus Thermoplastic Elastomers Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.6 Cyprus Thermoplastic Elastomers Market Revenues & Volume Share, By End users, 2021 & 2031F |
4 Cyprus Thermoplastic Elastomers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Thermoplastic Elastomers Market Trends |
6 Cyprus Thermoplastic Elastomers Market Segmentations |
6.1 Cyprus Thermoplastic Elastomers Market, By Products |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Polyurethane, 2021-2031F |
6.1.3 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Vulcanizates, 2021-2031F |
6.1.4 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Thermoplastic Polyolefins, 2021-2031F |
6.1.5 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Copolymer Esters, 2021-2031F |
6.1.6 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Styrene Block Copolymer, 2021-2031F |
6.1.7 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Thermoplastic Elastomers Market, By End users |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.3 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Appliances & Whitegoods, 2021-2031F |
6.2.5 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Cyprus Thermoplastic Elastomers Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Thermoplastic Elastomers Market Import-Export Trade Statistics |
7.1 Cyprus Thermoplastic Elastomers Market Export to Major Countries |
7.2 Cyprus Thermoplastic Elastomers Market Imports from Major Countries |
8 Cyprus Thermoplastic Elastomers Market Key Performance Indicators |
9 Cyprus Thermoplastic Elastomers Market - Opportunity Assessment |
9.1 Cyprus Thermoplastic Elastomers Market Opportunity Assessment, By Products, 2021 & 2031F |
9.2 Cyprus Thermoplastic Elastomers Market Opportunity Assessment, By End users, 2021 & 2031F |
10 Cyprus Thermoplastic Elastomers Market - Competitive Landscape |
10.1 Cyprus Thermoplastic Elastomers Market Revenue Share, By Companies, 2024 |
10.2 Cyprus 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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