ERJ staff report (DS)
Cleveland, Ohio -- The Freedonia group has published a new report titled, "World Thermoplastic Elastomers". The report updates the study published two years ago. The latest editino is available from Freedonia at a price of $5500 or Euro 4400. Freedonia does not say how long the report is, but the previous version was 331 pages.
Freedonia says, "world demand for thermoplastic elastomers (TPEs) is forecast to rise 6.4 percent per annum through 2011 to 3.5 million metric tons. Value gains will expand an even stronger 7.8 percent annually to $13.7 billion over the same period, due to the increasing number of applications that require costlier types of TPEs and sustained high energy prices that will raise TPE production costs. China will expand its share of the world market from 31 percent in 2006 to 35 percent in 2011, although the US will remain the world's largest manufacturer of some products such as olefinic based TPEs."
The researchers continue, "Motor vehicles will remain the largest market for TPEs at the global level, with sustained solid gains attributable to the development of new products for exterior (e.g., body seals) and interior (e.g., door panel and instrument skins) applications at the expense of ethylene-propylene diene monomer (EPDM) and polyvinyl chloride (PVC). Though all major generic types of TPEs are gaining new applications in motor vehicles, TPOs will remain the largest volume segment. The smaller consumer and sporting goods sector will remain the fastest growing market for TPEs through 2011. Gains will primarily be attributable to expanding uses in sporting goods and personal care goods, where TPEs will benefit from the continued displacement of traditional materials such as thermoset rubber and thermoplastics (particularly PVC). In these applications, TPEs are primarily valued for their durability, easy processing, colorability and weather resistance."
Freedonia the latest report analyses the world market for thermoplastic elastomers (TPEs). It presents historical demand data (1996, 2001, 2006) and forecasts for 2011 and 2016 by type (e.g., COPEs, SBCs, TPOs, TPUs, TPVs, nylon-based, PVC-based, silicone-based, melt processible rubber); end-use (e.g., adhesives and sealants, construction materials, consumer products, industrial products, medical products, motor vehicles, wire and cable); world region and major country. This study also considers market environment factors, evaluates company market shares and profiles 48 participants in the global TPE industry.
ERJ has not seen this report and can make no judgement about its value or the quality of the research.
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Website of from Freedonia (search for Study #: 2284)