TABLE OF CONTENTS
SECTION PAGE
Introduction X
I. Executive Summary 1
II. Market Environment 4
World Economic Overview 6
Recent Historical Trends 6
World Economic Outlook 8
Gross Fixed Investment Trends 12
World Demographic Overview 14
Population 15
Urbanization Patterns 16
World Motor Vehicle Overview 18
World Motor Vehicle Production/Assembly 19
World Motor Vehicles in Use 23
Per Capita TPE Demand/Per Capita GDP Relationship 25
III. Demand by Market 28
General 28
Motor Vehicles 31
Footwear 36
Industrial Products 38
Asphalt & Bitumen Modification 40
Adhesives, Sealants & Coatings 42
Consumer & Sporting Goods 44
Wire & Cable Jacketing 48
Medical Products & Equipment 50
Other Markets 53
IV. Supply & Demand by Type 55
General 55
Styrenic Block Copolymers 58
Production by Region 60
Suppliers & Capacity 62
Demand by Region 66
Demand by Market 68
Thermoplastic Polyolefins 71
Production by Region 74
Suppliers & Capacity 76
Demand by Region 78
Demand by Market 80
Thermoplastic Polyurethanes 83
Production by Region 85
Suppliers & Capacity 86
Demand by Region 90
Demand by Market 91
Thermoplastic Vulcanizates 94
Production by Region 96
Suppliers & Capacity 97
Demand by Region 100
Demand by Market 102
Copolyester Elastomers 104
Production by Region 107
Suppliers & Capacity 108
Demand by Region 111
Demand by Market 112
Other Thermoplastic Elastomers 116
Production by Region 118
Suppliers 119
Demand by Region 121
Demand by Market 122
V. Supply & Demand by Region & Country 124
General 124
North America 126
United States 128
Canada 132
Mexico 136
Western Europe 139
France 143
Germany 146
Italy 149
Spain 151
United Kingdom 155
Other Western Europe 158
Asia/Pacific 161
China 167
India 172
Japan 176
South Korea 180
Taiwan 184
Other Asia/Pacific 189
Latin America 193
Eastern Europe 196
Africa/Mideast 199
VI. Industry Structure 203
General 203
Market Share 206
TPE Compounders 208
Technology & Manufacturing 209
Technology 209
Manufacturing 211
Competitive Strategies 212
Acquisitions, Divestitures & Industry Structuring 213
Joint Ventures & Cooperative Agreements 215
Marketing & Distribution 221
Marketing 221
Distribution 223
Company Profiles 224
Advanced Elastomer Systems LP, see Exxon Mobil
AlphaGary Corporation, see Rockwood Holdings
Arkema SA 225
Asahi Kasei Corporation 228
BASF SE 230
Bayer AG 233
Bridgestone Corporation 237
Celanese Corporation 239
Chi Mei Corporation 241
China Petroleum & Chemical Corporation 242
Deerfield Urethane Incorporated, see Bayer AG
Dexco Polymers LP 243
DIC Bayer Polymer Limited, see Bayer AG
Dow Chemical Company 245
Dow Corning Corporation 249
DuPont (EI) de Nemours 250
Dynasol Elastomeros SA, see Repsol YPF SA
Elastogran GmbH, see BASF SE
EMS-Chemie Holding AG 253
Eni SpA 254
Epurex Films GmbH & Company KG, see Bayer AG
Exxon Mobil Corporation 256
Firestone Building Products Company, see Bridgestone
Firestone Polymers LLC, see Bridgestone Corporation
GLS Corporation, see PolyOne Corporation
Huntsman Corporation 259
JSC Voronezhsynthezkauchuk, see OAO Gazprom
Korea Kumho Petrochemical Company Limited 261
KRAIBURG Holding GmbH & Company KG 262
Kraton Polymers LLC 264
Kuraray Company Limited 267
LANXESS AG 269
Lee Chang Yung Chemical Industry Corporation 270
LG Chem Limited 272
Lubrizol Corporation 274
LyondellBasell Industries AF SCA 276
Mitsubishi Chemical Holdings Corporation 279
Mitsui Chemicals Incorporated 282
Multibase SA, see Dow Corning Corporation
OAO Gazprom 283
Petroflex Industria e Comercio SA, see LANXESS AG
Polimeri Europa SpA, see Eni SpA
PolyOne Corporation 285
Repsol YPF SA 289
Resinoplast, see Arkema SA
Rockwood Holdings Incorporated 291
Royal DSM NV 293
Saint-Gobain 296
Schulman (A.) Incorporated 298
Singapore Polymer Corporation Pte Limited, see Teknor
Apex Company
SO.F.TER SpA 302
Solvay Engineered Polymers Incorporated, see
LyondellBasell Industries AF SCA
Sumitomo Chemical Company Limited 304
Sunprene Company Limited, see Mitsubishi Chemical
Holdings Corporation and Schulman (A.) Incorporated
Teknor Apex Company 305
Ticona, see Celanese Corporation
Toyobo Company Limited 308
TSRC Corporation 309
ZEON Corporation 311
Other Companies Mentioned in Study 313
LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- Executive Summary
Summary Table 3
SECTION II -- Market Environment
1 World Gross Domestic Product by Region 12
2 World Gross Fixed Investment by Region 14
3 World Population by Region 16
4 World Urban Population by Region 18
5 World Motor Vehicle Production/Assembly by Region 23
6 World Motor Vehicles in Use by Region 25
SECTION III -- Demand by Market
1 World Thermoplastic Elastomer Demand by Market 30
2 World Motor Vehicle Market for Thermoplastic Elastomers 35
3 World Footwear Market for Thermoplastic Elastomers 37
4 World Industrial Product Market for Thermoplastic Elastomers 40
5 World Asphalt & Bitumen Modification Market
for Thermoplastic Elastomers 42
6 World Adhesive, Sealant & Coating Markets for
Thermoplastic Elastomers 44
7 World Consumer & Sporting Goods Markets for
Thermoplastic Elastomers 48
8 World Wire & Cable Jacketing Market for
Thermoplastic Elastomers 50
9 World Medical Product & Equipment Market for
Thermoplastic Elastomers 52
10 World Other Markets for Thermoplastic Elastomers 54
SECTION IV -- Supply & Demand by Type
1 World Thermoplastic Elastomer Demand by Type 57
2 World Styrenic Block Copolymer Demand 60
3 Styrenic Block Copolymers -- Production by Region 62
4 Styrenic Block Copolymers -- World Production Capacity by
Company, Year-End 2008 65
5 Styrenic Block Copolymers -- Demand by Region 68
6 Styrenic Block Copolymers -- Demand by Market 71
7 World Thermoplastic Polyolefin Elastomer Demand 74
8 Thermoplastic Polyolefin Elastomers -- Production by Region 75
9 Thermoplastic Polyolefin Elastomers -- World Production
Capacity by Company, Year-End 2008 78
10 Thermoplastic Polyolefin Elastomers -- Demand by Region 79
11 Thermoplastic Polyolefin Elastomers -- Demand by Market 83
12 World Thermoplastic Polyurethane Demand 85
13 Thermoplastic Polyurethanes -- Production by Region 86
14 Thermoplastic Polyurethanes -- World Production Capacity by
Company, Year-End 2008 89
15 Thermoplastic Polyurethanes -- Demand by Region 91
16 Thermoplastic Polyurethanes -- Demand by Market 94
17 World Thermoplastic Vulcanizate Demand 96
18 Thermoplastic Vulcanizates -- Production by Region 97
19 Thermoplastic Vulcanizates -- World Production Capacity by
Company, Year-End 2008 100
20 Thermoplastic Vulcanizates -- Demand by Region 101
21 Thermoplastic Vulcanizates -- Demand by Market 104
22 World Copolyester Elastomer Demand 106
23 Copolyester Elastomers -- Production by Region 107
24 Copolyester Elastomers -- World Production Capacity
by Company, Year-End 2008 111
25 Copolyester Elastomers -- Demand by Region 112
26 Copolyester Elastomers -- Demand by Market 116
27 World Demand for Other Thermoplastic Elastomers 118
28 Other Thermoplastic Elastomers -- Production by Region 119
29 Other Thermoplastic Elastomers -- Demand by Region 122
30 Other Thermoplastic Elastomers -- Demand by Market 123
SECTION V -- Supply & Demand by Region & Country
1 World Thermoplastic Elastomer Supply & Demand
by Region 125
2 North America -- Thermoplastic Elastomer Supply &
Demand 128
3 United States -- Thermoplastic Elastomer Supply &
Demand 132
4 Canada -- Thermoplastic Elastomer Supply & Demand 135
5 Mexico -- Thermoplastic Elastomer Supply & Demand 138
6 Western Europe -- Thermoplastic Elastomer Supply &
Demand 142
7 France -- Thermoplastic Elastomer Supply & Demand 145
8 Germany -- Thermoplastic Elastomer Supply & Demand 148
9 Italy -- Thermoplastic Elastomer Supply & Demand 151
10 Spain -- Thermoplastic Elastomer Supply & Demand 154
11 United Kingdom -- Thermoplastic Elastomer Supply &
Demand 157
12 Other Western Europe -- Thermoplastic Elastomer Supply &
Demand 160
13 Asia/Pacific -- Thermoplastic Elastomer Supply & Demand 166
14 China -- Thermoplastic Elastomer Supply & Demand 171
15 India -- Thermoplastic Elastomer Supply & Demand 175
16 Japan -- Thermoplastic Elastomer Supply & Demand 179
17 South Korea -- Thermoplastic Elastomer Supply & Demand 183
18 Taiwan -- Thermoplastic Elastomer Supply & Demand 188
19 Other Asia/Pacific -- Thermoplastic Elastomer Supply &
Demand 192
20 Latin America -- Thermoplastic Elastomer Supply &
Demand 195
21 Eastern Europe -- Thermoplastic Elastomer Supply &
Demand 198
22 Africa/Mideast -- Thermoplastic Elastomer Supply &
Demand 202
SECTION VI -- Industry Structure
1 World Thermoplastic Elastomer Sales by Company, 2008 205
2 Selected Acquisitions & Divestitures 215
3 Selected Cooperative Agreements 217
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- Market Environment
1 TPE Demand per capita/GDP per capita Relationship, 2008 27
SECTION III -- Demand by Market
1 World Thermoplastic Elastomer Demand by Market, 2008 31
SECTION VI -- Industry Structure
1 World Market Share for Thermoplastic Elastomers
by Company, 2008 208