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Thermoplastic Elastomer Price Trend and Forecast

UNSPC code: 13101723
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026

thermoplastic elastomer Price Trends by Country

twTaiwan
cnChina
inIndia
vnVietnam

thermoplastic elastomer Pricing Trends in India: 

  • Northern India thermoplastic elastomer market price trend
  • Southern India thermoplastic elastomer market price trend
  • Central India thermoplastic elastomer market price trend

Global thermoplastic elastomer Price Trend, Analysis and Forecast​

Thermoplastic Elastomer (TPE) Price Trend Q3 2025

In Q3 2025, the global TPE price trend has been predominantly showing a downward trajectory across key markets, as demand from industries such as automotive, consumer goods, and industrial manufacturing has been remaining weaker than expected. The TPE price trend has been being driven by reduced procurement activity and a general economic slowdown, which has been leading to excess supply in several regions. Despite stable production levels, the TPE price trend has been continuing to fall as demand has not been picking up in line with market expectations. The TPE price trend has been being particularly significant in Taiwan and Vietnam, where the decline has been being sharper, reflecting the ongoing challenges in the global manufacturing and supply chains.

Taiwan

TPE Export prices FOB Kaohsiung, Taiwan, Grade – Styrene Ethylene Butylene Styrene (Styrene Content: 27.5-34).

In Taiwan, TPE export prices have decreased by 8.4% in Q3 2025. The TPE price trend in Taiwan has been being largely driven by weak demand from sectors such as automotive and consumer goods. The TPE price trend has been showing a significant decline as procurement activity has been remaining lower than expected, causing excess supply to build up in the market. Despite relatively steady production, the TPE price trend has been continuing to fall as market conditions have been remaining subdued, and demand has not been picking up.

In September 2025, prices for TPE with styrene content 27.5-34 in Taiwan have remained largely stable, increasing slightly by 0.1%. The Taiwanese market has been experiencing modest demand from automotive, consumer goods, and industrial sectors, which has been supporting steady pricing. Feedstock costs, particularly styrene and butadiene, have been remaining balanced, preventing any significant production cost fluctuations.

China

TPE Export prices FOB Shanghai, China, Grade – Styrene Ethylene Butylene Styrene (Styrene Content: 30-34).

According to PriceWatch, in China, TPE export prices have been seeing a more moderate decrease of 2.8% in Q3 2025. The TPE price trend in China has been being influenced by weaker demand from key industries, including automotive and electronics, which have been experiencing slower-than-expected procurement. The TPE price trend has been declining due to global economic uncertainty and reduced consumer spending, which has been leading to lower purchasing activity. Despite stable supply, the TPE price trend in China has been continuing downward as industries have not been ramping up production as expected.

The TPE price trend in China has been reflecting the broader market conditions, where sluggish demand has been preventing a price recovery, despite stable production. However, in September 2025, TPE prices in China with styrene content 30-34 have increased by 0.6%, supported by steady demand from the automotive and consumer goods sectors. Chinese suppliers have been benefiting from moderate upstream styrene and butadiene prices, which have been keeping production costs stable. Domestic inventories have been remaining balanced, allowing exporters to maintain consistent shipments to regional markets including India and Vietnam.

India

TPE Domestically Traded prices Ex-Mumbai, India, Grade – Styrene Ethylene Butylene Styrene (Styrene Content: 30-34).

According to PriceWatch, in India, TPE domestically traded prices have been decreasing by -5.5% in Q3 2025. The TPE price trend in India has been being driven by a slowdown in demand from local manufacturing sectors, particularly automotive and packaging, which have not been recovering as quickly as anticipated. The TPE price trend has been showing a consistent decline as industrial activity has been remaining slower than expected, reducing procurement volumes. The TPE price trend in India has been reflecting the global market slowdown, as demand has not been picking up in line with expectations.

Despite relatively stable supply, the TPE price trend in India has been continuing its downward movement, driven by the overall economic uncertainty and low procurement levels. In September 2025, TPE prices in India with styrene content 30-34 have declined by 1.4% due to subdued domestic demand from automotive and consumer sectors, combined with inventory overhang from previous shipments. Feedstock prices for styrene and butadiene have been remaining steady, but buyers have been negotiating lower prices amid a cautious market sentiment.

Vietnam

TPE Imported prices CIF Haiphong, Vietnam from China, Grade – Styrene Ethylene Butylene Styrene (Styrene Content: 30-34).

In Vietnam, TPE imported prices have been falling by -2.7% in Q3 2025. The TPE price trend in Vietnam has been reflecting global economic pressures and weak demand in key sectors such as packaging and automotive. The TPE price trend has been showing a downward shift as procurement has been remaining subdued, and industrial activity has been being slower than expected. The TPE price trend in Vietnam has also been being influenced by oversupply in the market, as supply levels have not been matching the lower demand.

Despite stable production, the TPE price trend has been continuing to decline, with prices having reflected a market under pressure from reduced procurement and cautious consumer behaviour. In September 2025, TPE prices in Vietnam have increased by 0.6%, underpinned by stable regional demand from automotive and consumer sectors. Chinese FOB prices have been remaining firm, supporting the upward movement in CIF pricing.

Thermoplastic Elastomer Price Trend Analysis: Q2 2025

According to the PriceWatch, the China Thermoplastic Elastomer (TPE) SEBS market experienced a 10.3% decline in prices during Q2 2025. The average price for the quarter was recorded at USD 1,944 per metric ton (FOB Shanghai), marking a sharper downturn compared to the previous quarter. This significant drop was driven by ongoing weak demand across key application sectors including automotive interiors, consumer goods, and adhesives, where purchasing remained slow amid macroeconomic uncertainty.

Buyers continued to prioritize lean inventory strategies, avoiding bulk restocking amid volatile end-use demand. At the same time, increased competition from regional suppliers in Asia, particularly with aggressive pricing from South Korea and Southeast Asia, further pressured Chinese export offers. Domestically, production rates remained steady, but oversupply conditions persisted due to soft export flows and restrained domestic consumption.

Logistics and port operations remained fluid, offering no external cost support to prop up prices. The SEBS market in China remains under bearish pressure, and unless demand improves significantly or producers begin implementing output cuts, this downward pricing trend is expected to continue into the near term. 

Thermoplastic Elastomer Price Trend Analysis: Q1 2025

Q1 2025 The Thermoplastic Elastomer (TPE) market eased further in Q1 2025, with global TPE prices settling at USD 2,171/MT FOB Shanghai for Styrene Ethylene Butylene Styrene (SEBS), a 3% decline from Q4. Global purchasing was cautious in the face of continued macroeconomic uncertainty and subdued downstream demand.

Competitive regional Asian supplier pricing put pressure on the market, and buyers were more concerned with inventory management than restocking in force. 

Thermoplastic Elastomer Price Trend Analysis: Q4 2024

In Q4 2024, the global TPE (SEBS) market saw a price correction, with FOB Shanghai prices averaging USD 2,235/MT, reflecting a 4% decline. Demand softened in Europe and North America due to economic slowdown concerns, while China saw improved output and more aggressive export offers. The easing of freight and raw material costs supported the downward trend. 

Thermoplastic Elastomer Price Trend Analysis: Q3 2024

Q3 2024, The Thermoplastic Elastomer (TPE)  prices continued to firm in Q3 2024, reaching USD 2,318/MT FOB Shanghai for Styrene Ethylene Butylene Styrene (SEBS), a modest 1% increase quarter-on-quarter. Global demand held steady, particularly from electronics and sportswear manufacturers. Supply remained tight in China amid production curbs and maintenance shutdowns, keeping prices elevated. Buyers focused on short-term contracts due to freight volatility. 

Thermoplastic Elastomer Price Trend Analysis: Q2 2024

In Q2 2024, the global TPE (SEBS) prices increased to USD 2,296/MT FOB Shanghai, up 7% from Q1. The price hike was fuelled by rising feedstock costs, stronger export demand from Southeast Asia and Europe, and tightened supply in China due to stricter environmental inspections. Buyers responded with early ordering to avoid further cost escalation. 

Thermoplastic Elastomer Price Trend Analysis: Q1 2024

During Q1 2024, the worldwide SEBS-grade Thermoplastic Elastomers (TPE) market began Q1 2024 on a firm footing, with prices averaging USD 2,150/MT FOB Shanghai. Market fundamentals were balanced, with stable demand from major industries like automotive, consumer goods, and healthcare. Chinese suppliers continued stable export flows, and buyers pursued a conservative procurement strategy under stable upstream cost conditions. 

 

India thermoplastic elastomer Price Trend, Analysis and Forecast

Thermoplastic Elastomer Price Trend Analysis: Q1 2025

Indian TPE prices for Styrene Ethylene Butylene Styrene (SEBS) in Q1 2025 averaged USD 2919/MT Ex-Mumbai, up by 2% from Q4 2024. While demand eased after the holiday season, prices were underpinned by tight supply and firm raw material prices. Forward buying due to uncertainty over Chinese production supported prices. While downstream consumption was not very strong, supply tightness kept the market bullish-biased.

Thermoplastic Elastomer Price Trend Analysis: Q2 2025

According to the PriceWatch, the Indian Thermoplastic Elastomer (TPE) SEBS market witnessed a 5.4% decline in prices during Q2 2025. The average price for the quarter was recorded at USD 2,760 per metric ton (Ex-Mumbai). This downward correction followed a firm Q1 and was primarily driven by softer downstream demand in automotive components, footwear, and adhesive applications.

After forward buying in the previous quarter, most converters maintained a cautious approach to procurement, focusing on managing existing inventories rather than placing new bulk orders. Meanwhile, supply constraints seen in Q1 began to ease, with improved import flows from China and South Korea, contributing to a more balanced domestic supply situation.

Although raw material costs remained relatively stable, subdued market sentiment and competitive overseas offers placed pressure on local pricing. Port operations and inland logistics remained uninterrupted, ensuring steady distribution across major industrial hubs.

With tepid demand and improved availability, the Indian SEBS market softened in Q2, and this neutral-to-bearish trend may persist unless there’s a notable uptick in domestic consumption or a fresh round of supply tightening in the coming months. 

Thermoplastic Elastomer Price Trend Analysis: Q1 2024

In Q1 2024, Thermoplastic Elastomer (TPE) prices for Styrene Ethylene Butylene Styrene (SEBS) averaged USD  2780/MT Ex-Mumbai, reflecting a 4% increase over the previous quarter. Post-year-end restocking and renewed buying from the Plastic Modification and Soft contact material Toys sectors spurred price recovery. Rising freight charges and feedstock costs in the Chinese market also drove up import prices. Buyers adjusted quickly to this trend, reinforcing an early-year price uptrend. 

Thermoplastic Elastomer Price Trend Analysis: Q2 2024

During Q2 2024, Thermoplastic Elastomer (TPE)  prices for Styrene Ethylene Butylene Styrene (SEBS) rose to USD  2889/MT Ex-Mumbai, up 4% from Q1. The rise was led by increased industrial and consumer product demand and constrained Chinese production due to maintenance schedules. Higher feedstock prices and longer import lead times created urgency among Indian processors, contributing to firmer price trends. 

Thermoplastic Elastomer Price Trend Analysis: Q3 2024

In Q3 2024, Thermoplastic Elastomer (TPE)  prices for Styrene Ethylene Butylene Styrene (SEBS) edged up to USD 2905/MT Ex-Mumbai, a 1% increase from the previous quarter. Stable demand from the packaging and automotive sectors kept the market balanced, while improved supply from overseas helped limit sharp hikes. Buyers remained cautious, maintaining moderate inventory levels amid clearer lead times and improved shipment flows. 

Thermoplastic Elastomer Price Trend Analysis: Q4 2024

In Q4 2024, TPE prices for Styrene Ethylene Butylene Styrene (SEBS) increased to USD 2976 /MT Ex-Mumbai, 3% higher than in Q3 2024. Demand before the festival and forward-looking purchases spurred the market. Chinese sellers concentrated on domestic demand, reducing export volumes. Energy and logistics charges being high also kept pressure on margins, which Indian buyers held in expectations of improved prices later. 

Global thermoplastic elastomer Supply Chain

Upstream
Downstream
  • Food packaging materials
  • Soft contact material Toys
  • Plastic Modification
Major supplying countries
  • China
  • Taiwan
Major importing countries
  • India
  • Vietnam

India thermoplastic elastomer Supply Chain

Upstream
  • Styrene
  • Ethylene
  • Butadiene
Downstream
  • Food packaging materials
  • Soft contact material Toys
  • Plastic Modification
Major supplying countries
  • China
  • Taiwan
Major importing countries
  • India
  • Vietnam

Technical Specifications of Thermoplastic Elastomer Price Trends

Molecular Weight[g/mol]

100,000 to 300,000

CAS No

66070-58-4

HS Code

40021990

Molecular Formula

(C₈H₈)n-(C₂H₄)x-(C₄H₈)y
thermoplastic elastomer

Styrene Ethylene Butylene Styrene (SEBS) is a thermoplastic elastomer known for its flexibility, durability, and resistance to aging. Produced from Styrene, Ethylene, and Butylene, SEBS is widely used across industries. Key applications include automotive seals, medical devices, consumer goods, adhesives, and electronics. Its rubber-like properties and ease of processing make it ideal for products requiring flexibility and environmental resistance.

Packaging Type

13 Kg Bag

Thermoplastic Elastomer Grades Covered

N/A

Incoterms Used

FOB Kaohsiung, FOB Shanghai, Ex-Mumbai, CIF Nhava Sheva (China), CIF Nhava Sheva (Taiwan), CIF Haiphong (China) and CIF Haiphong (Taiwan)

Synonym

SEBS

PriceWatch Quotation Terms:

15-20 MT / 10-15 MT (India)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification 
Bound Styrene  27.5 – 34 % 
Volatile Matter  0.2 – 0.5 % 
Ash Content  0.6 – 1 % 
Toluene Sol. Vis. 25oC (10-20 wt%)  1000 – 2000 cP 
Specific Gravity  0.91 

Thermoplastic Elastomer Industrial Applications

Styrene Ethylene Butylene Styrene (SEBS) is widely used for its flexibility, durability, and resistance to environmental factors. Key applications include automotive seals, medical tubing, consumer goods, footwear components, construction adhesives, and electronics. Its versatility makes it valuable in industries requiring high-performance materials, especially for soft-touch, flexible, and durable products. 

Historically, several events have caused significant fluctuations in Thermoplastic Elastomer prices

  • Global Logistics and Shipping Crisis (2021-Present): The pandemic-related surge in e-commerce and disruptions in global shipping routes, combined with port closures and container shortages, led to a logistics crisis. The transportation of raw materials and finished polystyrene products became challenging. This caused delays and increased costs for manufacturers and end-users, further straining production. 
  • Global Energy Crisis (2021-2023): The global energy crisis, driven by high natural gas and crude oil prices, affected the production of various chemicals, including SEBS. SEBS production relies on petrochemical feedstocks, and the energy crisis made it more expensive to produce the necessary raw materials like styrene monomer. This led to increased production costs and reduced output in many regions. 
  • COVID-19 Pandemic (2020-2022): The COVID-19 pandemic caused widespread production halts as lockdowns forced manufacturing plants to close, delaying new vehicle releases and disrupting parts supply. Global supply chains, dependent on just-in-time manufacturing, faced severe disruptions, with critical component shortages like semiconductors leading to delays and cost increases. Consumer demand also plummeted due to economic uncertainty and lockdowns, further impacted by car dealership closures. A shift towards private vehicles and electric vehicles (EVs) emerged, driven by health concerns and online sales trends. Though the industry began to recover by late 2020, semiconductor shortages slowed the recovery, with Asia-Pacific rebounding faster than other regions. 

Why PriceWatch?

PriceWatch is your trusted resource for tracking global thermoplastic elastomer price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the thermoplastic elastomer market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence thermoplastic elastomer prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely thermoplastic elastomer market data.

Track PriceWatch's thermoplastic elastomer price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Styrene Ethylene Butylene Styrene (SEBS) production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire Styrene Ethylene Butylene Styrene (SEBS) supply chain, from raw material availability (e.g., Ethylene and Butylene) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Styrene Ethylene Butylene Styrene (SEBS) prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Styrene Ethylene Butylene Styrene (SEBS) production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive), to predict shifts in Styrene Ethylene Butylene Styrene (SEBS) demand and corresponding price movements. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Styrene Ethylene Butylene Styrene (SEBS) production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming Styrene Ethylene Butylene Styrene (SEBS) production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Styrene Ethylene Butylene Styrene (SEBS) pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Styrene Ethylene Butylene Styrene (SEBS) prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice. 

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Styrene Ethylene Butylene Styrene (SEBS)pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Molecular Weight[g/mol]

100,000 to 300,000

CAS No

66070-58-4

HS Code

40021990

Molecular Formula

(C₈H₈)n-(C₂H₄)x-(C₄H₈)y
thermoplastic elastomer

Styrene Ethylene Butylene Styrene (SEBS) is a thermoplastic elastomer known for its flexibility, durability, and resistance to aging. Produced from Styrene, Ethylene, and Butylene, SEBS is widely used across industries. Key applications include automotive seals, medical devices, consumer goods, adhesives, and electronics. Its rubber-like properties and ease of processing make it ideal for products requiring flexibility and environmental resistance.

Packaging Type

13 Kg Bag

Grades Covered

N/A

Incoterms Used

FOB Kaohsiung, FOB Shanghai, Ex-Mumbai, CIF Nhava Sheva (China), CIF Nhava Sheva (Taiwan), CIF Haiphong (China) and CIF Haiphong (Taiwan)

Synonym

SEBS

PriceWatch Quotation Terms:

15-20 MT / 10-15 MT (India)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification 
Bound Styrene  27.5 – 34 % 
Volatile Matter  0.2 – 0.5 % 
Ash Content  0.6 – 1 % 
Toluene Sol. Vis. 25oC (10-20 wt%)  1000 – 2000 cP 
Specific Gravity  0.91 

Applications

Styrene Ethylene Butylene Styrene (SEBS) is widely used for its flexibility, durability, and resistance to environmental factors. Key applications include automotive seals, medical tubing, consumer goods, footwear components, construction adhesives, and electronics. Its versatility makes it valuable in industries requiring high-performance materials, especially for soft-touch, flexible, and durable products. 

Thermoplastic Elastomer Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for thermoplastic elastomer. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The price of SEBS is primarily influenced by the cost of raw materials such as styrene and butadiene, both derived from petrochemicals. Fluctuations in crude oil prices, supply chain disruptions, and regional availability of these raw materials can impact SEBS prices. Additionally, demand from key sectors such as automotive, medical, and construction industries, as well as global economic conditions, also play a role in determining the market price of SEBS.

SEBS pricing is closely tied to the cost of its raw materials, particularly styrene and butadiene. Any increase in crude oil prices or supply shortages of these monomers can lead to higher production costs, driving up SEBS prices. Conversely, when raw material prices stabilize or decrease, it can result in more favourable pricing for SEBS. Procurement heads should monitor raw material markets to anticipate changes in SEBS pricing.

The automotive industry is a major consumer of SEBS, particularly for seals, gaskets, and interior components. High demand from this sector, especially during periods of increased vehicle production, can lead to tighter supply and higher SEBS prices. Conversely, a slowdown in automotive production may ease demand, stabilizing or reducing SEBS prices.

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