Thermoplastic Elastomers Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2012 - 2018
141 Page Report
Use of Bio-based Thermoplastic Elastomers to Increase
across Diverse Industries, says TMR
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Thermoplastic Elastomers Market
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.
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According to the report, the global thermoplastic elastomers market is expected to rise from US$12,650.8 mn
in 2015 to US$...