TPE world in 2011 is expected to maintain the growth trend will continue

TPE world in 2011 is expected to maintain the growth trend will continue in the world of thermoplastic elastomers is estimated that 2011 will continue to maintain the growth trend is expected in the next few years will continue to grow at a rate of 6.4 percent, demand in 2011 will reach 3,500,000 Tons. Market value growth rate is estimated to be 7.8 percent / year to reach 13,700,000,000 U.S. dollars, as more and more wide range of applications, together with high energy prices will raise TPE production costs. China will expand its global market share in 2006 from 31% to expand in 2011, when 35%, while the United States will continue to be part of the world's raw material products such as olefin TPE's largest producer. China will expand its production capacity by 2011 to become the world's largest producer, China's TPE market will continue to expand and diversify, and many key products will be manufactured using thermoplastic elastomer, China's most thermoplastic elastomer demand is still For the footwear industry. On the other hand, global TPE sales will remain concentrated in mature markets, including the United States, Western Europe and Japan, especially high-performance materials, such as a total of polyester elastomer (COPEs) and TPV (TPVs). Pre-2011 growth prospects, is expected to be the fastest growing areas in developing countries. Most of the development of low-cost market focus on the styrene block copolymers (SBCs), such as China will vigorously develop the composite thermoplastic polyolefins (TPOs) and thermoplastic polyurethane (TPUs) applications. Automotive will continue to maintain the world's largest TPE market. External components, such as expanding constantly new products (for example, automotive body sealing) and the inside components (such as doors and instrument panel, such as circumcision) to replace the original vinyl - ethylene propylene diene monomer (EPDM) and polyvinyl chloride (PVC).