Transparency Market Research Thermoplastic Elastomers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018 Published Date 29-Jan-2013 141 Page Report Buy Now Request Sample Press Release Use of Bio-based Thermoplastic Elastomers to Increase across Diverse Industries, says TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Thermoplastic Elastomers Market REPORT DESCRIPTION Thermoplastic Elastomers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018 The global thermoplastic elastomers (TPE) market is led by large multinational companies who have their presence across the value chain. Key companies leading in the SBC market are Sinopec, Kraton, LCY Chemical, and Dynasol. The players leading in the thermoplastic polyurethane (TPU) market are Bayer, BASF, Huntsman, and Dow Chemicals. There are frequent mergers, acquisitions and partnerships among players. The threat of substitutes is expected to rise from medium to high owing to regulatory pressure to use bio-based alternatives. There exists a considerable threat of forward integration from raw material suppliers, states a new report by Transparency Market Research (TMR). Capacity addition in Asia Pacific is expected to lead to an oversupply, thus the supplier power is expected to remain medium in the coming years. Buyers are looking for long term supply contract and agreements to gain cost benefits. However, there exists a potential threat of backward integration from buyers. Thus, the buyer power is expected to rise from medium to high. Get FREE Sample Of This Report : http://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=807 According to the report, the global thermoplastic elastomers market is expected to rise from US$12,650.8 mn in 2015 to US$ 15,287.7 mn in 2018. By product, the styrenic block copolymers (SBC) segment is expected to lead and account for 45.8% of the market by 2018. Asia Pacific is expected to lead in the SBC market, accounting for 46.3% of the global thermoplastic elastomers market in 2018. Use in Automobile Industry to Drive Demand for Thermoplastic Elastomers Thermoplastic elastomers are finding applications in the automobile industry as latest technologies are being used to manufacture automobile components, thus driving their demand. Using thermoplastic elastomers for Transparency Market Research 2 Thermoplastic Elastomers Market auto component manufacturing is leading to a reduction in the overall weight of automobiles, thus fueling their demand. Thermoplastic elastomers are free from halogen and plasticizer. In addition to this, they have superior abrasion resistance and give high mechanical performance, and thus they are increasingly being preferred over PVC and other materials containing plasticizers. This rising trend towards reducing the reliance on PVC materials is propelling the thermoplastic elastomers market. Volatility in Raw Material Prices to Impact Market Negatively All thermoplastic elastomers products are derived from crude oil. The fluctuating price structure of crude oil is expected to have a direct impact on the overall production cost of thermoplastic elastomers products. This is expected to pose as a challenge for the market. “Growing environmental concerns regarding the use of synthetic thermoplastic elastomers will hinder the market’s growth as well,” states a TMR analyst. Regulatory authorities such as the Environmental Protection Agency (EPA) in the U.S. and Registration, Evaluation, Authorisation and Restriction of Chemicals (REACH) in Europe have laid down stringent regulations against synthetic TPE producers. This will act as another challenge for the global thermoplastic elastomers market. Development of Bio-based Thermoplastic Elastomers to Create Growth Opportunities Key TPE manufacturers such as DuPont, Arkema, PolyOne, and Merquinsa have successfully ventured into the bio-based TPE market. These companies are making use of renewable sources as their raw materials for the production of bio-based thermoplastic elastomers. Bio-based alternatives of thermoplastic elastomers have the potential to replace the synthetic TPE market. Bio-based TPEs can be used in almost every end use industry where synthetic TPEs are being used. Since bio-based TPEs not only provide a clean solution, but also gives cost competitiveness to bio-based TPE producers against their synthetic counterparts, they are expected to create significant growth opportunities for the market. Browse The Full Research Report At : http://www.transparencymarketresearch.com/thermoplasticelastomers.html Transparency Market Research 3 Thermoplastic Elastomers Market This information is based on the findings of a report published by Transparency Market Research titled “Thermoplastic Elastomers Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2012 - 2018.” The global flexographic printing inks market is segmented as follows: Thermoplastic Elastomers Market, by Product Type: • Styrenic Block Copolymers (SBCs) • Thermoplastic Polyolefins (TPOs) • Thermoplastic Polyurethanes (TPUs) • Thermoplastic Vulcanizates (TPVs) • Copolyester Elastomers (COPEs) • Other Thermoplastic Elastomers (including Thermoplastic Polayamide) Styrenic Block Copolymers (SBCs) Market, by Product Type: • Styrene Butadiene Styrene • Styrene Isoprene Styrene • Hydrogenated SBCs (including SEBS, SEPS, SEEPS) Styrenic Block Copolymers (SBCs) Market, by Application: • Paving and Roofing • Footwear • Advanced Materials (compounding, personal care & polymer systems) • Adhesives, Sealants and Coatings • Other Styrenic Block Copolymers (SBCs) Market, by Geography: • North America • Europe Transparency Market Research 4 Thermoplastic Elastomers Market • Asia Pacific • Rest of the World (RoW) Thermoplastic Polyolefins (TPOs) Market, by Application: • Automotive • Other (including medical, construction, packaging etc) Thermoplastic Polyolefins (TPOs) Market, by Geography: • North America • Europe • Asia Pacific • Rest of the World (RoW) Thermoplastic Polyurethanes (TPUs) Market, by Application: • Automotive • Construction • Electronics & Appliances • Hose & Tubing • Footwear • Wire & Cable • Others (industrial insulation, CASE etc) Thermoplastic Polyurethanes (TPUs) Market, by Geography: • North America • Europe • Asia Pacific • Rest of the World (RoW) Transparency Market Research 5 Thermoplastic Elastomers Market Thermoplastic Vulcanizates (TPVs) Market, by Application: • Automotive • Fluid Handling • Consumer Goods • Medical • Other (including construction, appliances, tools) Thermoplastic Vulcanizates (TPVs) Market, by Geography: • North America • Europe • Asia Pacific • Rest of the World (RoW) Copolyester Elastomers (COPEs) Market, by Application: • Automotive • Electrical & Electronics • Industrial • Medical • Other (including construction & personal care) Copolyester Elastomers (COPEs) Market, by Geography: • North America • Europe • Asia Pacific • Rest of the World (RoW) Browse Press Release : http://www.transparencymarketresearch.com/pressrelease/thermoplasticelastomers-market.ht Transparency Market Research 6 Thermoplastic Elastomers Market TABLE OF CONTENT CHAPTER 1 PREFACE 1.1 REPORT DESCRIPTION 1.2 RESEARCH METHODOLOGY CHAPTER 2 EXECUTIVE SUMMARY CHAPTER 3 MARKET OVERVIEW 3.1 INTRODUCTION 3.1.1 THERMOPLASTIC ELASTOMERS V/S THERMOSET ELASTOMERS 3.2 VALUE CHAIN ANALYSIS 3.3 MARKET DRIVERS 3.3.1 GROWING DEMAND FOR LIGHT WEIGHT, HIGH PERFORMANCE MATERIAL FROM AUTOMOBILE INDUSTRY 3.3.2 SHIFT TOWARDS REPLACING PVC WITH TPES FROM END USE INDUSTRIES 3.3.3 GROWTH OF GLOBAL FOOTWEAR MARKET 3.4 RESTRAINTS 3.4.1 VOLATILITY IN RAW MATERIAL PRICES 3.4.2 ENVIRONMENTAL ISSUES Transparency Market Research 7 Thermoplastic Elastomers Market 3.5 OPPORTUNITIES 3.5.1 DEVELOPMENT OF BIO-BASED THERMOPLASTIC ELASTOMERS (TPES) 3.6 PORTER’S FIVE FORCES ANALYSIS 3.6.1 BARGAINING POWER OF SUPPLIER 3.6.2 BARGAINING POWER OF BUYERS 3.6.3 THREAT OF NEW ENTRANTS 3.6.4 THREAT FROM SUBSTITUTES 3.6.5 DEGREE OF COMPETITION 3.7 THERMOPLASTIC ELASTOMERS: MARKET ATTRACTIVENESS ANALYSIS 3.8 COMPANY MARKET SHARE ANALYSIS 3.8.1 STYRENIC BLOCK COPOLYMERS (SBCS) MARKET 3.8.2 THERMOPLASTIC POLYURETHANE (TPU) MARKET CHAPTER 4 GLOBAL THERMOPLASTIC ELASTOMERS MARKET, BY PRODUCT TYPES 4.1 GLOBAL TPE MARKET: PRODUCT OVERVIEW 4.2 STYRENIC BLOCK COPOLYMERS (SBC) 4.2.1 GLOBAL STYRENIC BLOCK COPOLYMER MARKET, BY PRODUCT TYPES 4.2.1.1 Global SBC market: product overview 4.2.1.1.1 Global SBC market volume share by product types, 2011 – 2018 4.2.1.2 Styrene butadiene styrene (SBS) Transparency Market Research 8 Thermoplastic Elastomers Market 4.2.1.2.1 Global SBS market estimates and forecast, 2010-2018 (Kilo Tons), (USD Million) 4.2.1.3 Styrene isoprene styrene (SIS) 4.2.1.3.1 Global SIS market estimates and forecast, 2010-2018 (Kilo Tons), (USD Million) 4.2.1.4 Hydrogenated styrene block copolymers (including SEBS, SEPS and SEEPS) 4.2.1.4.1 Global HSBC market estimates and forecast, 2010-2018 (Kilo Tons), (USD Million) 4.2.2 GLOBAL STYRENIC BLOCK COPOLYMERS MARKET, BY APPLICATION 4.2.2.1 Global SBC market: application overview 4.2.2.1.1 Global SBC market volume share by application, 2011 – 2018 4.2.2.2 Paving and roofing 4.2.2.2.1 Global demand for SBC in paving and roofing market, 2010 - 2018 (Kilo Tons), (USD Million) 4.2.2.3 Footwear 4.2.2.3.1 Global demand for SBC in footwear market, 2010 - 2018 (Kilo Tons), (USD Million) 4.2.2.4 Advanced materials (compounding, personal care & polymers modification) 4.2.2.4.1 Global demand for SBC in advanced materials market, 2010 - 2018 (Kilo Tons), (USD Million) 4.2.2.5 Adhesives, sealants and coatings 4.2.2.5.1 Global demand for SBC in adhesives, sealants and coatings market, 2010 - 2018 (Kilo Tons), (USD Million) 4.2.2.6 Other 4.2.2.6.1 Global demand for SBC in other markets, 2010 - 2018 (Kilo Tons), (USD Million) Transparency Market Research 9 Thermoplastic Elastomers Market 4.2.3 GLOBAL STYRENIC BLOCK COPOLYMERS MARKET, BY GEOGRAPHY 4.2.3.1 Global SBC market: geographic overview 4.2.3.1.1 Global SBC market volume share by geography, 2011 – 2018 4.2.3.2 North America 4.2.3.2.1 North America’s demand for SBC, 2010 - 2018 (Kilo Tons), (USD Million) 4.2.3.3 Europe 4.2.3.3.1 European SBC market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.2.3.4 Asia Pacific 4.2.3.4.1 Asia Pacific SBC market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.2.3.5 Rest of the world (RoW) 4.2.3.5.1 RoW SBC market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.3 THERMOPLASTIC POLYOLEFINS (TPOS) 4.3.1 GLOBAL THERMOPLASTIC POLYOLEFINS MARKET, BY APPLICATION 4.3.1.1 Global TPO market: application overview 4.3.1.1.1 Global TPO market volume share by application, 2011 – 2018 4.3.1.2 Automotive 4.3.1.2.1 Global demand for TPO in automotive market, 2010 - 2018 (Kilo Tons), (USD Million) 4.3.1.3 Other (including medical, construction, packaging etc) 4.3.1.3.1 Global demand for TPO in other markets, 2010 - 2018 (Kilo Tons), (USD Million) Transparency Market Research 10 Thermoplastic Elastomers Market 4.3.2 GLOBAL THERMOPLASTIC POLYOLEFINS MARKET, BY GEOGRAPHY 4.3.2.1 Global TPO market: geographic overview 4.3.2.1.1 Global TPO market volume share by geography, 2011 – 2018 4.3.2.2 North America 4.3.2.2.1 North America’s TPO market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.3.2.3 Europe 4.3.2.3.1 European TPO market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.3.2.4 Asia Pacific 4.3.2.4.1 Asia Pacific TPO market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.3.2.5 Rest of the world (RoW) 4.3.2.5.1 RoW TPO market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.4 THERMOPLASTIC POLYURETHANE (TPU) 4.4.1 GLOBAL THERMOPLASTIC POLYURETHANE MARKET, BY APPLICATION 4.4.1.1 Global TPU market: application overview 4.4.1.2 Automotives 4.4.1.2.1 Global demand for TPU in automotive market, 2010-2018 (Kilo Tons), (USD Million) 4.4.1.3 Construction 4.4.1.3.1 Global demand for TPU in construction market, 2010-2018 (Kilo Tons), (USD Million) 4.4.1.4 Electronics & appliances Transparency Market Research 11 Thermoplastic Elastomers Market 4.4.1.4.1 Global demand for TPU in electronics & appliances market, 2010-2018 (Kilo Tons), (USD Million) 4.4.1.5 Hose and tubing 4.4.1.5.1 Global demand for TPU in hose & tubing market, 2010-2018 (Kilo Tons), (USD Million) 4.4.1.6 Footwear 4.4.1.6.1 Global demand for TPU in footwear market, 2010-2018 (Kilo Tons), (USD Million) 4.4.1.7 Wire and cable 4.4.1.7.1 Global demand for TPU in wire and cables market, 2010-2018 (Kilo Tons), (USD Million) 4.4.1.8 Other (industrial insulation, CASE etc) 4.4.1.8.1 Global demand for TPU in other market, 2010 - 2018 (Kilo Tons), (USD Million) 4.4.2 GLOBAL THERMOPLASTIC POLYURETHANE, BY GEOGRAPHY 4.4.2.1 Global TPU market: geographic overview 4.4.2.2 North America 4.4.2.2.1 North America’s TPU market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.4.2.3 Europe 4.4.2.3.1 European TPU market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.4.2.4 Asia Pacific 4.4.2.4.1 Asia Pacific TPU market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) Transparency Market Research 12 Thermoplastic Elastomers Market 4.4.2.5 Rest of the world (RoW) 4.4.2.5.1 RoW TPU market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.5 THERMOPLASTIC VULCANIZATES (TPV) 4.5.1 GLOBAL THERMOPLASTIC VULCANIZATES MARKET, BY APPLICATION 4.5.1.1 Global TPV market: application overview 4.5.1.2 Automotive 4.5.1.2.1 Global demand for TPV in automotive market, 2010-2018 (Kilo Tons), (USD Million) 4.5.1.3 Fluid handling 4.5.1.3.1 Global demand for TPV in fluid handling market, 2010-2018 (Kilo Tons), (USD Million) 4.5.1.4 Consumer goods 4.5.1.4.1 Global demand for TPV in consumer goods market, 2010-2018 (Kilo Tons), (USD Million) 4.5.1.5 Medical 4.5.1.5.1 Global demand for TPV in medical market, 2010-2018 (Kilo Tons), (USD Million) 4.5.1.6 Other 4.5.1.6.1 Global demand for TPV in other markets, 2010-2018 (Kilo Tons), (USD Million) 4.5.2 GLOBAL THERMOPLASTIC VULCANIZATES MARKET, BY GEOGRAPHY 4.5.2.1 Global TPV market: geographic overview 4.5.2.1.1 Global TPV market volume share by geography, 2011 – 2018 4.5.2.2 North America Transparency Market Research 13 Thermoplastic Elastomers Market 4.5.2.2.1 North America’s TPV market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.5.2.3 Europe 4.5.2.3.1 European TPV market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.5.2.4 Asia Pacific 4.5.2.4.1 Asia Pacific TPV market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.5.2.5 Rest of the world (RoW) 4.5.2.5.1 RoW TPV market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.6 COPOLYESTER ELASTOMERS (COPES) 4.6.1 GLOBAL COPOLYESTER ELASTOMERS MARKET, BY APPLICATION 4.6.1.1 Global COPEs market: application overview 4.6.1.1.1 Global COPEs market volume share by application, 2011 – 2018 4.6.1.2 Automotive 4.6.1.2.1 Global demand for COPEs in automotive market, 2010-2018 (Kilo Tons), (USD Million) 4.6.1.3 Electricals and Electronics 4.6.1.3.1 Global demand for COPEs in electrical and electronics market, 2010-2018 (Kilo Tons), (USD Million) 4.6.1.4 Industrial 4.6.1.4.1 Global demand for COPEs in industrial market, 2010-2018 (Kilo Tons), (USD Million) Transparency Market Research 14 Thermoplastic Elastomers Market 4.6.1.5 Medical 4.6.1.5.1 Global demand for COPEs in medical market, 2010-2018 (Kilo Tons), (USD Million) 4.6.1.6 Other (including construction & personal care) 4.6.1.6.1 Global demand for COPEs in other markets, 2010-2018 (Kilo Tons), (USD Million) 4.6.2 GLOBAL COPOLYESTER ELASTOMERS MARKET, BY GEOGRAPHY 4.6.2.1 Global COPEs market: geographic overview 4.6.2.2 North America 4.6.2.2.1 North America’s COPEs market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.6.2.3 Europe 4.6.2.3.1 European COPEs market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.6.2.4 Asia Pacific 4.6.2.4.1 Asia Pacific COPEs market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.6.2.5 Rest of the world (RoW) 4.6.2.5.1 RoW COPEs market estimates and forecast, 2010 - 2018 (Kilo Tons), (USD Million) 4.7 OTHER THERMOPLASTIC ELASTOMERS (INCLUDING THERMOPLASTIC POLYAMIDES) 4.7.1 GLOBAL DEMAND FOR OTHER THERMOPLASTIC ELASTOMERS, 2010-2018 (KILO TONS), (USD MILLION) Transparency Market Research 15 Thermoplastic Elastomers Market CHAPTER 5 COMPANY PROFILES 5.1 BAYER AG 5.1.1 COMPANY OVERVIEW 5.1.2 FINANCIAL OVERVIEW 5.1.3 BUSINESS STRATEGY 5.1.4 SWOT ANALYSIS 5.1.5 RECENT DEVELOPMENTS 5.2 BASF AG 5.2.1 COMPANY OVERVIEW 5.2.2 FINANCIAL OVERVIEW 5.2.3 BUSINESS STRATEGIES 5.2.4 SWOT ANALYSIS 5.2.5 RECENT DEVELOPMENTS 5.3 HUNTSMAN CORPORATION 5.3.1 COMPANY OVERVIEW 5.3.2 FINANCIAL OVERVIEW 5.3.3 BUSINESS STRATEGIES 5.3.4 SWOT ANALYSIS 5.3.5 RECENT DEVELOPMENTS 5.4 DOW CHEMICALS Transparency Market Research 16 Thermoplastic Elastomers Market 5.4.1 COMPANY OVERVIEW 5.4.2 FINANCIAL OVERVIEW 5.4.3 BUSINESS STRATEGIES 5.4.4 SWOT ANALYSIS 5.4.5 RECENT DEVELOPMENTS 5.5 NIPPON POLYURETHANE 5.5.1 COMPANY OVERVIEW 5.5.2 FINANCIAL OVERVIEW 5.5.3 BUSINESS STRATEGIES 5.5.4 SWOT ANALYSIS 5.5.5 RECENT DEVELOPMENTS 5.6 MERQUINSA 5.6.1 COMPANY OVERVIEW 5.6.2 FINANCIAL OVERVIEW 5.6.3 BUSINESS STRATEGIES 5.6.4 SWOT ANALYSIS 5.6.5 RECENT DEVELOPMENTS 5.7 LUBRIZOL 5.7.1 COMPANY OVERVIEW 5.7.2 FINANCIAL OVERVIEW Transparency Market Research 17 Thermoplastic Elastomers Market 5.7.3 BUSINESS STRATEGIES 5.7.4 SWOT ANALYSIS 5.7.5 RECENT DEVELOPMENTS 5.8 YANTAI WANHUA POLYURETHANE CO., LTD 5.8.1 COMPANY OVERVIEW 5.8.2 FINANCIAL OVERVIEW 5.8.3 BUSINESS STRATEGIES 5.8.4 SWOT ANALYSIS 5.8.5 RECENT DEVELOPMENTS 5.9 KRATON POLYMERS LLC 5.9.1 COMPANY OVERVIEW 5.9.2 FINANCIAL OVERVIEW 5.9.3 BUSINESS STRATEGIES 5.9.4 SWOT ANALYSIS 5.9.5 RECENT DEVELOPMENTS 5.10 CHINA PETROLEUM & CHEMICAL CORPORATION (SINOPEC) 5.10.1 COMPANY OVERVIEW 5.10.2 FINANCIAL OVERVIEW 5.10.3 BUSINESS STRATEGIES 5.10.4 SWOT ANALYSIS Transparency Market Research 18 Thermoplastic Elastomers Market 5.10.5 RECENT DEVELOPMENTS 5.11 LCY CHEMICAL CORP 5.11.1 COMPANY OVERVIEW 5.11.2 FINANCIAL OVERVIEW 5.11.3 BUSINESS STRATEGY 5.11.4 SWOT ANALYSIS 5.11.5 RECENT DEVELOPMENT 5.12 DYNASOL 5.12.1 COMPANY OVERVIEW 5.12.2 FINANCIAL OVERVIEW 5.12.3 BUSINESS STRATEGIES 5.12.4 SWOT ANALYSIS 5.12.5 RECENT DEVELOPMENTS 5.13 TSRC CORPORATION 5.13.1 COMPANY OVERVIEW 5.13.2 FINANCIAL OVERVIEW 5.13.3 BUSINESS STRATEGIES 5.13.4 SWOT ANALYSIS 5.13.5 RECENT DEVELOPMENTS 5.14 LG CHEM Transparency Market Research 19 Thermoplastic Elastomers Market 5.14.1 COMPANY OVERVIEW 5.14.2 FINANCIAL OVERVIEW 5.14.3 BUSINESS STRATEGIES 5.14.4 SWOT ANALYSIS 5.14.5 RECENT DEVELOPMENTS 5.15 POLYONE CORPORATION 5.15.1 COMPANY OVERVIEW 5.15.2 FINANCIAL OVERVIEW 5.15.3 BUSINESS STRATEGIES 5.15.4 SWOT ANALYSIS 5.15.5 RECENT DEVELOPMENTS Browse All Chemical Market Research Reports: http://www.transparencymarketresearch.com/chemical-market-reports-2.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 20 Thermoplastic Elastomers Market Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Linkedin : https://www.linkedin.com/today/author/430748012 Browse The Market Research Blog : http://globalresearchanalysis.blogspot.in/ Transparency Market Research 21
The global thermoplastic elastomers (TPE) market is led by large multinational companies who have their presence across the value chain. Key companies leading in the SBC market are Sinopec, Kraton, LCY Chemical, and Dynasol. The players leading in the thermoplastic polyurethane (TPU) market are Bayer, BASF, Huntsman, and Dow Chemicals. There are frequent mergers, acquisitions and partnerships among players. The threat of substitutes is expected to rise from medium to high owing to regulatory pressure to use bio-based alternatives. There exists a considerable threat of forward integration from raw material suppliers, states a new report by Transparency Market Research (TMR).
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