Gobal demand for thermoplastic elastomers (TPEs) is forecast to increase 6.3% pa through 2011 to 3.7 million tons, as per a recent report from The Freedonia Group.On the supply side, China will expand its share of the world TPE supply market from less than 30% in 2006 to more than 33% in 2011, although the U.S. will remain the world's largest manufacturer of some products such as olefin-based TPEs. TPEs will continue to find the majority of their use as replacements for natural and synthetic rubber, as well as for rigid thermoplastics and metals.
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http://plastemart.com/plasticnews_desc.asp?news_id=11532&P=P
Friday, January 18, 2008
Global TPE demand to increase 6.3% pa through 2011
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