Global Thermoplastic Elastomers Market to Reach US $15,287.7 Mn in 2018, Rising Applications in Automobile Industry to Drive Demand for Thermoplastic Elastomers
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...
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