Global TPE demand to grow at 5.5% rate through 2017

摘要

Global demand for thermoplastic elastomers (TPEs) is forecast to rise 5.5% per year to 5.8 million metric tons in 2017, valued at more than S20 billion, according to a new report from The Freedonia Group, a Cleveland-based industry market research firm. Advances will be driven by ongoing product innovation on the part of TPE manufacturers, allowing these materials to continue to displace traditional elastomers and thermoplastics in a variety of applications.