Thermoplastic Elastomers

Transcription

1 Freedonia Industry Study #1210 Thermoplastic Elastomers Study Publication Date: January 2000 Price: $3,700 Pages: 313 Thermoplastic Elastomers, a new study from The Freedonia Group, is designed to provide you with an in-depth analysis of major trends in the industry and the outlook for product segments and major markets -- critical information to help you with strategic planning. This brochure gives you an indication of the scope, depth and value of Freedonia's new study, Thermoplastic Elastomers. Ordering information is included on the back page of the brochure. Brochure Table of Contents Study Highlights... 2 Table of Contents and List of Tables and Charts... 4 Sample Pages and Sample Tables from: Market Environment... 6 Products... 7 Markets... 8 Industry Structure... 9 Company Profiles List of Companies Profiled Forecasting Methodology About the Company Advantages of Freedonia Reports About Our Customers Other Titles From Freedonia Ordering Information... 16

2 Study Highlights Data are presented in pounds, with historical data provided for 1989, 1993 and 1998, and forecasts provided for 2003 and US Demand Demand for thermoplastic elastomers (TPEs) in the US is forecast to increase 6.7 percent per year to 1.4 billion pounds in the year 2003, significantly outpacing gains in the general economy. Motor vehicles will continue to be the largest outlet for TPEs, with gains based on efforts to reduce weight and consolidate components, as well as the recyclability of thermoplastic elastomer parts. The most rapid annual gains will arise in the smaller medical products market, where environmental concerns involving plasticizers and potential allergies to latex are promoting greater use of thermoplastic elastomers in blood bags, stoppers and closures, and hoses and tubing. Styrenic block copolymers are the largest product segment, accounting for 44 percent of total demand in Among the remaining major types of thermoplastic elastomers, the strongest gains will be achieved by thermoplastic vulcanizate elastomers due to the continued popularity of adding soft-touch feel to various products, such as those found in the consumer product and motor vehicle markets. Industry Structure and Participants The US thermoplastic elastomer industry encompasses over 50 companies, with the top five suppliers -- Royal Dutch/Shell Group (Netherlands), DuPont, Advanced Elastomer Systems, BF Goodrich and Dow Chemical -- accounting for over 45 percent of total sales in The thermoplastic elastomer industry is dominated by multinational chemical companies that typically also maintain extensive TPE feedstock and synthetic rubber activities. Other participants include joint ventures that concentrate on one TPE product category (such as Advanced Elastomer Systems in TPVs and Dexco Polymers in SBCs). In addition, independent compounders offer a range of TPE products. Freedonia Industry Study 2

3 Study Highlights Thermoplastic Elastomer Demand, 1989 Versus Thermoplastic Elastomer Demand (million pounds) % Annual Growth Item /89 03/98 Gross Domestic Product (bil 1992$) lbs/mil $ GDP SUMMARY TABLE Thermoplastic Elastomer Demand Motor Vehicles Construction Consumer Product Industrial Product Adhesives & Sealants Wire & Cable Medical Products Other Markets Copyright by The Freedonia Group, Inc. Order form on last page 3

4 List of Contents, Tables and Charts I. EXECUTIVE SUMMARY Summary Table... 3 II. III. IV. MARKET ENVIRONMENT General... 4 Macroeconomic Outlook... 5 Table - Macroeconomic Indicators... 7 Manufacturing Sector Trends... 7 Table - Manufacturers Shipments... 8 Personal Consumption Expenditures... 9 Table - Personal Consumption Expenditures...10 Market Volatility...11 Table - Market Volatility in Thermoplastic Elastomer Demand...12 Chart - Market Volatility in Thermoplastic Elastomer Demand...13 Competitive Materials...13 Rubber Industry Outlook...15 Table - Rubber Supply & Demand...17 Plastics Industry Outlook...17 Table - Plastics Supply & Demand...19 Metal Product Industry Outlook...19 Table - Metal Product Shipments by Type...22 Environmental & Regulatory Trends...22 World Demand for Thermoplastic Elastomers...25 Chart - World Thermoplastic Elastomer Demand by Region, SUPPLY & DEMAND General...29 Table - Thermoplastic Elastomer Supply & Demand...30 Production by Type...31 Table - Thermoplastic Elastomer Production by Type...33 Demand by Type...33 Table - Thermoplastic Elastomer Demand by Type...35 Pricing Trends...35 Table - Thermoplastic Elastomer Pricing Trends...37 DEMAND BY MARKET General...38 Table - Thermoplastic Elastomer Demand by Market...40 Motor Vehicles...40 Motor Vehicle Industry Outlook...41 Table - Motor Vehicle Production & in Use...44 Thermoplastic Elastomer Demand in Motor Vehicles Thermoplastic Elastomer Demand by Type...46 Table - Motor Vehicle Markets for Thermoplastic Elastomers by Type & Application...46 Thermoplastic Elastomer Demand by Application...49 Construction...51 Construction Industry Outlook...52 Table - Construction Expenditures...55 Thermoplastic Elastomer Demand in Construction...55 Table - Construction Markets for Thermoplastic Elastomers by Type & Application...57 Thermoplastic Elastomer Demand by Type...57 Thermoplastic Elastomer Demand by Application...59 Consumer Products...62 Table - Consumer Product Market for Thermoplastic Elastomers Thermoplastic Elastomer Demand by Type...64 Table - Consumer Product Market for Thermoplastic Elastomers by Type...67 Demand by Application...67 Table - Consumer Product Market for Thermoplastic Elastomers by Application...68 Appliances & Housewares...69 Table - Appliance & Houseware Shipments...70 Table - Thermoplastic Elastomer Demand in Appliances & Houseware Applications...72 Footwear...72 Table - Footwear Supply & Demand...74 Table - Thermoplastic Elastomer Demand in Footwear Applications...75 Sporting Goods & Other...75 Table - Sporting Goods & Recreational Equipment Shipments Table - Thermoplastic Elastomer Demand in Sporting Goods & Other Applications...79 Industrial Products...79 Industrial Machinery & Equipment Industry Outlook Table - Industrial Machinery & Equipment Shipments...81 Thermoplastic Elastomer Demand in Industrial Products...81 Table - Industrial Product Markets for Thermoplastic Elastomers...84 Adhesives & Sealants...84 Adhesives & Sealants Industry Outlook...85 Table - Adhesives & Sealants Demand...88 Thermoplastic Elastomer Demand in Adhesives & Sealants...88 Table - Adhesive & Sealant Markets for Thermoplastic Elastomers by Type...91 Wire & Cable...91 Insulated Wire & Cable Industry Outlook...92 Table - Insulated Wire & Cable Shipments...93 Thermoplastic Elastomer Demand in Wire & Cable...93 Table - Wire & Cable Market for Thermoplastic Elastomers...95 Medical Products...95 Medical Product Industry Outlook...96 Table - Medical Product Shipments...97 Thermoplastic Elastomer Demand in Medical Products Table - Medical Product Market for Thermoplastic Elastomers Other Markets Table - Other Markets for Thermoplastic Elastomers by Type & Application Freedonia Industry Study

5 V. STYRENIC BLOCK COPOLYMERS General Table - Styrenic Block Copolymer Supply & Demand Suppliers & Capacity Polymer Producers Table - US Styrenic Block Copolymer Capacity by Company, Compounders Pricing Trends Table - Styrenic Block Copolymer Pricing Trends Demand by Application Table - Styrenic Block Copolymer Demand by Application VI. VII. VIII. THERMOPLASTIC POLYOLEFIN ELASTOMERS General Table - Thermoplastic Polyolefin Elastomer Supply & Demand Suppliers & Capacity Table - US Thermoplastic Polyolefin Capacity by Company, Polymer Producers Compounders Pricing Trends Table - Thermoplastic Polyolefin Elastomer Pricing Trends Demand by Market Table - Thermoplastic Polyolefin Elastomer Demand by Market THERMOPLASTIC POLYURETHANE ELASTOMERS General Table - Thermoplastic Polyurethane Elastomer Supply & Demand Suppliers & Capacity Polymer Producers Table - US Thermoplastic Polyurethane Elastomer Capacity by Company, Compounders Pricing Trends Table - Thermoplastic Polyurethane Elastomer Pricing Trends Demand by Market Table - Thermoplastic Polyurethane Elastomer Demand by Market THERMOPLASTIC VULCANIZATES General Table - Thermoplastic Vulcanizate Supply & Demand 173 Suppliers & Capacity Polymer Producers Table - US Thermoplastic Vulcanizate Capacity by Company, Compounders Pricing Trends Table - Thermoplastic Vulcanizate Pricing Trends Demand by Market Table - Thermoplastic Vulcanizate Demand by Market 179 IX. COPOLYESTER ELASTOMERS General Table - Copolyester Elastomer Supply & Demand Suppliers & Capacity Table - US Copolyester Elastomer Capacity by Company, Pricing Trends Table - Copolyester Elastomer Pricing Trends Demand by Market Table - Copolyester Elastomer Demand by Market X. OTHER THERMOPLASTIC ELASTOMERS General Table - Supply & Demand For Other Thermoplastic Elastomers Suppliers Pricing Trends Table - Pricing Trends for Other Thermoplastic Elastomers Demand by Market Table - Demand for Other Thermoplastic Elastomers by Market XI. INDUSTRY STRUCTURE & COMPETITIVE STRATEGIES General Chart - Horizontal Diversification Among Major US Producers of Thermoplastic Elastomers Market Share Table - Sales of Selected US TPE Suppliers, Chart - US Thermoplastic Elastomer Sales by Company, Thermoplastic Elastomer Compounders Table - Sales of Selected US TPE Compounders, Capacity Expansion Activity Table - Recent & Proposed Capacity Expansion Activity in Thermoplastic Elastomers Chart - Comparison of Processing & Recycling Advantages: Thermoplastic Versus Thermoset Elastomers Technology & Manufacturing Technology Manufacturing Competitive Strategies Joint Ventures & Cooperative Agreements Table - Selected Cooperative Agreements Acquisitions, Divestitures & Industry Restructuring Table - Selected Acquisitions & Divestitures Marketing & Distribution Marketing Distribution Company Profiles Order form on last page 5

6 Market Environment The Market Environment Section discusses factors influencing thermoplastic elastomer demand, including manufacturing trends and the outlook for the rubber industry. This information provides you with an understanding and an analysis of the climate in which the thermoplastic elastomers industry operates. MARKET ENVIRONMENT Competitive Materials There are three major materials which compete with thermoplastic elastomers: rubber, plastic and metal. Most traditional applications for thermoplastic elastomers have come at the expense of rubber, either by directly replacing rubber parts, or by taking new applications that would have gone to rubber. Thermoplastic elastomers are selected over thermoset rubber for a variety of reasons, including recyclability, easy processability, low density (giving the end user more product per pound) and shorter cycle times. SAMPLE PAGE Although TPEs hold several advantages over thermoset rubber, there are several reasons why thermoplastic elastomers will not completely eliminate the need for rubber. TPEs can not be used in all rubber applications. For example, TPEs lack the deformation resistance and compression set for use in tires, which excludes their use in a market that consumes roughly two-thirds of all rubber. In addition, TPEs incorporate rubber into their composition. As such, rubber demand is not necessarily diminished by competition from thermoplastic elastomers. For example, the amount of ethylene-propylene diene monomer (EPDM) rubber incorporated into an engine gasket made from thermoplastic polyolefins or thermoplastic vulcanizates may be as high as 50 to 80 percent, while actual rubber monomer content in a filled EPDM gasket may be as low as 30 percent due to the use of fillers and reinforcements. For this reason, many synthetic rubber suppliers have integrated into the supply of thermoplastic elastomers or have developed strong relationships with TPE compounders. As technological improvements continue to develop, thermoplastic elastomers will increasingly be in direct competition with plastics, such as nylon, polyethylene, polyvinyl chloride and acrylonitrile-butadiene-styrene. Thermoplastic elastomers will be selected over plastics due to their durability, recyclability, flexibility and 6 Freedonia Industry Study

7 Products The Product Sections provide demand for historical years and forecast growth to 2003 and THERMOPLASTIC VULCANIZATES Products discussed include: Styrenic Block Copolymers Thermoplastic Polyolefin Elastomers Thermoplastic Polyurethane Elastomers Thermoplastic Vulcanizates Copolyester Elastomers Other Thermoplastic Elastomers This information helps you: Analyze your company's growth potential in the industry. Outline your strategic plans for five and ten years out. Establish sales goals. General Demand for thermoplastic vulcanizate elastomers (TPVs) in the US is forecast to increase at double-digit annual rates to reach 146 million pounds in 2003, exceeding average growth in the thermoplastic elastomer (TPE) industry. Although surpassing average growth, gains in TPV demand will decelerate from rates established over the prior decade due to a slowing in durable goods shipments, where most TPVs are consumed. Continued growth in this product category will be primarily attributable to developing applications in the motor vehicle and consumer product markets. In addition, TPVs are commonly used in the industrial product, wire and cable, construction, medical product, and aerospace and other transportation equipment markets. The US will continue to have a trade surplus in TPVs, reaching 1104 million pounds in 2003 with production expanding 9.3 percent per year to reach 250 million pounds during Styrenic Block Copolymer Demand by Application (million pounds) the same time period. In 1998, thermoplastic vulcanizate elastomers accounted for nine percent of total thermoplastic elastomer demand. SAMPLE PAGE Item Thermoplastic vulcanizates 1989 are 1993 mechanically 1998compounded 2003 mixtures 2008 of polypropylene and a vulcanized rubber, most commonly ethylene-propylene diene Gross Domestic Product (bil 1992$) monomer (EPDM), although nitrile, butyl and fluoroelastomers may also be used. lbs/mil $ GDP The production process for TPVs employs intense mixing, which induces full SAMPLE TABLE Styrenic Block Copolymer crosslinking Demand of the rubber. 260 This 330 results in a 430 final product 565that is 750 closer in its Adhesives & Sealants qualities to thermoset rubber, 95 including 111 greater 156 compression 200 set 256 and higher service Asphalt Modification requirements Molded & Extruded Goods Plastics Styrenic Modification Block Over Copolymer the past decade Supply 28 or so, considerable & 38Demand progress has been made in TPVs. Two Footwear (million pounds) Wire & Cable Applications % SBC Item Thermoplastic Elastomer Demand Gross Domestic Product (bil 1992$) Copyright by The Freedonia Group, Inc. lb SBCs/mil $ GDP SAMPLE TABLE Styrenic Block Copolymer Demand Copyright by The Freedonia Group, Inc. + net exports Styrenic Block Copolymer Production Copyright by The Freedonia Group, Inc. Order form on last page 7

8 Markets The Markets Section analyzes trends and considers the threats and opportunities in each of the major markets for thermoplastic elastomers. The information presented will help you: Focus your sales and marketing efforts on high growth areas. Propose new areas for development. Thermoplastic Elastomer Demand in Construction Demand for thermoplastic elastomers in the construction market is forecast to increase 6.3 percent per year to 209 million pounds in 2003, outpacing growth in construction expenditures during the same time period. Overall, styrenic block copolymers dominate demand in the construction market, with uses encompassing paving, roofing and adhesive materials. Copolyester elastomers, thermoplastic polyolefins and thermoplastic vulcanizates account for the remaining portion of demand in the construction market. MARKETS Gains will primarily be attributable to healthy spending dedicated to highway and street construction, where styrenic block copolymers are generally used as asphalt modifiers. Other polymers in this segment include rubber latex. Elastomers impart a strength when added to the asphalt and get stronger when pulled out of shape, and their use results in a more resilient, flexible pavement. In addition to elastomers, plastomers can be used to modify asphalt. Plastomeric polymers include ethylene copolymers, polyolefin and polyethylene. Plastomers form a Motor Vehicle Markets for Thermoplastic Elastomers by Type & Application (million pounds) SAMPLE PAGE tough, rigid, three-dimensional network with strength to resist heavy loads, although they may crack when strained. They generally increase the stiffness of the pavement. Both elastomers and plastomers reduce the tendency of pavement to form ruts, while elastomers and polyethylene (among the plastomers) also Item reduce low-temperature cracking. 1998The results 2003 of any 2008 particular polymer modification depend not only on the type of polymer but also its concentration, chemical Motor Vehicle Production (000) composition 10875and molecular orientation, in addition to the crude oil source, lbs TPEs/vehicle refining 14.7 process and 19.3 grade of 26.2 the asphalt Motor Vehicle Markets for TPEs Lastly, gains 160will benefit 210 from 315 the increased 447popularity 634 of TPO-based roofing. By Type: Introduced in the late 1980s, TPO roofing membranes will continue to infiltrate Thermoplastic Polyolefins the roofing industry. Gains will primarily be at the expense of plastic and Thermoplastic Vulcanizates elastomeric roofing membranes in nonresidential and low-slope residential Styrenic Block Copolymers applications. TPO roofing membranes hold advantages over the aforementioned Thermoplastic Polyurethanes materials, such as easy installation, the absence of plasticizers, cold-weather Copolyester Elastomers 9 11SAMPLE 14 TABLE Other Thermoplastic Elastomers By Application: Exterior Engine & Mechanical Interior % motor vehicles Thermoplastic Elastomer Demand Copyright by The Freedonia Group, Inc. 8 Freedonia Industry Study

9 Industry Structure Sample page from Freedonia Industry Study Gain #1117 a better Fractional understanding Horsepower of your Motors competition and analyze your company's position in the industry with information about: industry composition & market share INDUSTRY STRUCTURE competitive strategies manufacturing marketing & distribution capacity expansion plans Capacity Expansion Activity The favorable growth in both the domestic and export thermoplastic elastomer markets continues to prompt suppliers to expand capacity for these materials. The following section details some recent and/or ongoing expansion projects. Entries are arranged alphabetically by company name. * Dexco Polymers, a joint venture between Dow Chemical and Exxon, is the second largest producer of styrenic block copolymers (SBCs) in the US behind Shell Chemical. By 2000, the company will have expanded its mid-1990s capacity for SBCs by over 15 percent. In late 1999, Dexco expanded production SAMPLE PAGE capacity at its Plaquemine, Louisiana plant from 115 million pounds to 130 million pounds. The company will then add five million pounds of SBC capacity by the end of The Plaquemine plant produces styrene-isoprene-styrene and styrene-butadiene-styrene types of SBCs. * Dow Chemical raised its capacity for thermoplastic polyurethane elastomers by 50 million pounds to reach approximately 90 million pounds per year at its facility in LaPorte, Texas. The project, which encompassed the PELLETHANE, ISOPLAST and PREVAIL product lines, was completed during the first half of * DuPont completed construction of a plant located in Charleston, South Carolina for its HYTREL copolyester elastomers in Approximate total capacity at the plant is 90 million pounds per year, although this also includes capacity for the company s CRASTIN polybutylene terephthalate (PBT) thermoplastic resins. * By 2002, DuPont Dow Elastomers (a joint venture between Dow Chemical and DuPont) production capacity for its thermoplastic polyolefins will triple through a plant expansion and the construction of a new facility. The company will add Order form on last page 9

10 Company Profiles The profiles section analyzes 36 companies active in the U.S. thermoplastic elastomers market. These profiles represent a sampling or crosssection of the types of companies involved in the industry. Divisions, subsidiaries, joint ventures, etc., are discussed under appropriate parent companies. Schulman (A.) Incorporated 3550 West Market Street Akron, OH COMPANY PROFILES Sources for profiles included: Information provided by key staff members in the respective companies Annual reports 10-K reports Security analysts reports Corporate product literature A. Schulman is a leading international supplier of high performance plastic resins and compounds. The Company operates in a single industry segment: the sale of plastic resins in various forms to customers that use the products as raw materials for their manufacturing operations. Schulman classifies its activities within the segment as Manufacturing, Merchant and Distribution. The Company s sales in SAMPLE PAGE FY 1999 totaled $986 million. Schulman employs 2,300. The Company is active in the thermoplastic elastomers (TPEs) industry through the production of POLYTROPE thermoplastic polyolefins (TPOs), SUNPRENE polyvinyl chloride (PVC)-based TPEs, SUNFROST low-gloss PVC-based TPE compounds, POLYVIN flexible thermoplastic PVC compounds, POLYPUR reinforced and alloyed thermoplastic polyurethanes and POLYFLAM flameretardant thermoplastic compounds. Schulman s thermoplastic elastomer TPE activities include the operations of Texas Polymer Services (Houston, Texas) and Sunprene Company (Bellevue, Ohio). Texas Polymer Services operates a facility in Orange, Texas for the production of TPEs and various plastics. Sunprene Company, a 70/30 joint venture between Schulman and Mitsubishi Kagaku (Japan), manufactures PVC-based TPEs at a facility in Bellevue, Ohio. In North America, Schulman operates additional production facilities in Akron, Ohio; Nashville, Tennessee; St. Thomas, Ontario, Canada; and San Luis Potosi, Mexico. As of 1998, Schulman had a US TPO production capacity of approximately 50 million pounds per year. POLYTROPE TPOs are engineered for good weatherability, wide ranging Copyright by The Freedonia Group, Inc. 10 Freedonia Industry Study

11 Companies Profiled Advanced Elastomer Systems LP BASF AG Bayer AG Bridgestone Corporation Firestone Polymers Celanese AG Ticona CK Witco Corporation Crompton & Knowles Corporation Uniroyal Chemical Company Dexco Polymers Dow Chemical Company DSM NV DuPont Dow Elastomers LLC DuPont (EI) de Nemours Eastman Chemical Company Elf Aquitaine EMS-Chemie Holding AG ENI Group EniChem Elastomers America Equistar Chemicals LP Exxon Mobil Corporation Ferro Corporation Advanced Polymer Alloys General Electric Company Polymerland Incorporated GLS Corporation Goodrich (BF) Company Hanna (MA) Company Hitech Polymers Incorporated Kawasaki Steel Corporation LNP Engineering Plastics Incorporated Kuraray Company Limited Laporte plc AlphaGary Corporation Multibase SA Nova Polymers Incorporated Rohm and Haas Company Morton International Incorporated Royal Dutch/Shell Group of Companies Montell Polyolefins Shell Chemical Company Saint-Gobain Furon Company Norton Performance Plastics Corporation Schulman (A.) Incorporated Sunprene Company Texas Polymer Services Solvay SA Spartech Corporation Polycom Huntsman Incorporated Teknor Apex Company QST Incorporated Union Carbide Corporation Order form on last page 11

12 Forecasting Methodology Freedonia does not just collect and reprint data; Freedonia develops data. Our analysts thoroughly investigate an industry by extensively interviewing key industry participants and analyzing information from sources such as associations, government and trade literature. Once this research is complete, Freedonia establishes one set of forecasts. All writing, editing and forecasting is done in-house to assure quality and consistency. In cases where data does not exist, Freedonia develops the data based on input/output ratios, bills of materials and flow charts. The following chart summarizes Freedonia's methodology: The Freedonia Economics Group Consistent framework of economic indicators on... Gross Domestic Product (GDP) Industrial Machinery Shipments Motor Vehicle Production... and many others Freedonia In-house Research Quantitative forecasting Industry structure & market share analyses Product analyses & forecasts Methodology for Thermoplastic Elastomers Extensive Interviews Key participants Industry experts End-users Proprietary Electronic Database Trade publications Government reports Corporate literature Online databases... and many others 12 Freedonia Industry Study

13 About The Freedonia Group The Freedonia Group, Inc. is a leading international industry study/ database company. Since 1985, Freedonia has published over 1,500 titles covering areas such as chemicals, coatings and adhesives, building materials, plastics, industrial components and equipment, health care, packaging, household goods, security, and many other industries. Freedonia has produced a wide variety of titles, including: Industrial Rubber Products Roofing Adhesives Insulated Wire & Cable Because Freedonia is a reliable information source, our forecasts are cited in numerous publications such as The Wall Street Journal, The Financial Times, Plastics News and Rubber & Plastics News. Advantages of Freedonia Reports In-house operations Because all of our staff work at the same location, interaction between analysts and departments provides a strong system of checks and balances. Consistency Our Economics Group develops indicators that are used by all analysts. Therefore, every Freedonia study is based on a consistent set of economic assumptions (GDP, industrial machinery shipments, motor vehicle production, etc.) Reliable forecasts Because all of our forecasts consider the environment in which a product or industry is operating, as well as threats and opportunities to the market, Freedonia forecasts are reliable indicators of future performance. One-on-one interviews All studies are produced by conducting interviews with key industry participants and end-users. Proprietary electronic database Freedonia s analysts can tap into an extensive in-house electronic database containing corporate literature (including private company information), trade publications, government reports and many other sources of information. Order form on last page 13

14 About Our Customers Freedonia's clients include major US and international companies in the manufacturing, services, consulting and financial sectors. Typical purchasers of Freedonia studies : Key Executives Corporate Planners Market Researchers Financial Analysts Information Centers New Product Developers Merger & Acquisition Specialists Since 1985 we have provided research to customers ranging in size from global conglomerates to one person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia research to help with their strategic planning. Some of Freedonia's customers in the thermoplastic elastomers market include: DuPont, Dow Chemical, BF Goodrich and Shell. 14 Freedonia Industry Study

15 Other Titles From Freedonia For more information about these or other Freedonia titles, please contact us at: The Freedonia Group, Inc. Phone: (440) (800) Fax: (440) Industrial Rubber Products - Private Companies Report Several private US firms are significant in niche markets such as belting, roofing, flooring, geomembranes and printers blankets. Overall, seven private companies have industrial rubber product sales of at least $75 million. This report profiles over 150 privately-held US producers of industrial rubber products (e.g., Day, Freudenberg- NOK, HBD, JPS Textile, JSJ, Quadion, Vernay Labs), reviews acquisition trends, lists firms by product and location, forecasts industry demand and evaluates market share. # / $3,000 Roofing Replacement roofing, which accounts for about 75% of the US market, will offer better opportunities than new roofing. Gains in both the residential and nonresidential markets will decelerate from the period. Roofing in the industrial segment, however, will benefit from expanding capacity. Membrane and metal roofing materials will grow the fastest. This study assesses the US market for roofing to 2003 and 2008 by type, market, and region. It also details market share and profiles key companies. # / $3,500 Adhesives US demand for adhesives will decelerate with slowing construction and manufacturing sectors. Favorable residential repair and improvements demand will help offset this trend, as will steady growth in the less cyclical packaging sector. Water-based, hot melt and radiation-curable adhesives will lead gains. This study examines the US adhesives industry to 2003 and 2008 by product and market. It also presents market share data and profiles leading competitors. # / $3,400 Industrial Rubber Products Demand for industrial rubber products in the US will grow over 5% per year, with repair and replacement outpacing OEM demand. Motor vehicles will remain the largest market, while aerospace, industrial and construction markets grow fastaer. This study analyzes the $11 billion US industrial rubber product industry to 2002 and 2007 by type and market. It also profiles key companies and presents market share. # / $3,300 Insulated Wire & Cable The US market for insulated wire and cable will increase over 5% annually, fueled by further growth in computer networking and the commercialization of multimedia delivery. Also, capital investment in electricity generation will fostser gains in power wire and cable. This study analyzes the $15+ billion US market for insulated wire and cable to 2002 and 2007 by material, product and market. It also presents market share and profiles key industry participants. # / $3,500 Thermoplastic Compounding by Independents Independently compounded thermoplastics demand in the US will grow over 4% annually, propelled by the advantages of custom compounds over wood, metal and other materials. Best opportunities will be found in engineered thermoplastics and polyvinyl chloride. This study analyzes the US market for independently compounded thermoplastics to 2002 and 2007 by type and market. It also evaluates company market shares and profiles key compounders. # / $3,400 World Rubber & Tire World rubber consumption will grow 3% annually, with the market remaining split roughly 60/40 between synthetic and natural rubber as both sectors see gains. A favorable trend is the rising popularity of performance tires in developed countries, which use more rubber per unit than radials. This study analyzes the world rubber and tire industry to 2001 and It covers 6 regions and over 30 countries, details market shares and profiles key companies. # / $3,800 Order form on last page 15

16 How to Order For more information about our products, please call the Freedonia Customer Service Department at (440) or (800) or fax (440) Ordering Information Fill out the coupon below and mail it to The Freedonia Group, or send your order by fax (440) , or to Handling and Shipping is FREE There is NO charge for handling and shipping. In the US we ship via UPS. Outside the US, we provide free airmail service. If you would like express delivery, we provide this to you at cost. Discounts If your order is accompanied by a check, you may take a 5% cash discount. If you order three (3) separate industry studies and/or private company reports at the same time, you are entitled to a 15% discount. Use Credit Card You may charge your order to either Visa, MasterCard or American Express. Please include your credit card account number, expiration date and your signature. Intranet Licenses Intranet licenses are available for one or more users. For information about obtaining a Freedonia intranet license, contact our customer service department. Orders Outside of the US Checks must be paid in US funds and drawn against a US bank. Wire transfers should be sent to: Fifth Third Bank, Cincinnati, Ohio; The Freedonia Group, Inc.; SWIFT #FTBCUS3C; ABA # ; Account # (please include study number and/or invoice number with all wire transfers). Additional Copies Additional copies are available to original purchasers at $390 per title. Online Access The complete text and tables from our studies and reports can be found on our Web site and through major commercia online hosts. THE FREEDONIA GROUP, INC. 767 Beta Drive Cleveland, OH USA Phone: (440) (800) Fax: (440) TITLE PRICE #1210 Thermoplastic Elastomers $3,700 Name: Title: Company: Division: Street: (no PO Box please) City/State/Zip: Please check method of payment: Total: $ Enclosed is my check (5% discount) drawn on a US bank and payable to The Freedonia Group, Inc., in US funds. (Ohio residents add 7% sales tax). Bill my company MasterCard Visa American Express Country: Phone: Fax: MO. YR. INQ SHIPPING and HANDLING charges are FREE via UPS (USA only) or airmail. Express delivery available at cost. Please inquire. Credit Card # Signature: Expiration Date