Thermoplastic Elastomers with forecasts to 2005 and 2010

Transcription

1 US Outlook for Thermoplastic Elastomers with forecasts to 2005 and 2010 Demand for thermoplastic elastomers (TPEs) in the United States is forecast to rise 5.7 percent per year to 1.4 billion pounds in 2005, significantly outpacing real (inflation-adjusted) growth in the US economy. The most rapid gains will be achieved by thermoplastic vulcanizates (TPVs) and thermoplastic polyolefins. Continued requirements for "soft-touch" and ergonomic grips and handles found in the consumer product, industrial product and motor vehicle markets, for example, will promote strong growth for TPVs, since these materials possess similar characteristics to rubber and are also easy to process and capable of being used in complex designs. The industry encompasses more than 50 companies, with the top five suppliers -- Kraton Polymers, DuPont, Advanced Elastomer Systems, Noveon and Dow Chemical -- accounting for 43 percent of total sales in 2000.

2 Freedonia Industry Study #1498 Thermoplastic Elastomers Study Publication Date: December 2001 Price: $3,900 Pages: 316 Thermoplastic Elastomers, a new study from The Freedonia Group, provides 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

3 Study Highlights Demand for thermoplastic elastomers (TPEs) in the United States is forecast to rise 5.7 percent per year to 1.4 billion pounds in 2005, significantly outpacing real (inflation-adjusted) growth in the US economy. Improvements in over-molding capabilities and extruded TPEs are among the more promising developments in the industry. The most rapid gains will be achieved by thermoplastic vulcanizates (TPVs) and thermoplastic polyolefins. Continued requirements for "soft-touch" and ergonomic grips and handles found in the consumer product, industrial product and motor vehicle markets, for example, will promote strong growth for TPVs, since these materials possess similar characteristics to rubber and are also easy to process and capable of being used in complex designs. Motor vehicles, the largest market for TPEs, will continue to offer excellent long term prospects as suppliers enhance performance properties (e.g., fogging resistance and heat resistance), allowing these products to become viable competitive materials in a variety of applications traditionally held by thermoset rubber and thermoplastics. The industry encompasses more than 50 companies, with the top five suppliers -- Kraton Polymers, DuPont, Advanced Elastomer Systems, Noveon and Dow Chemical -- accounting for 43 percent of total sales in Freedonia Industry Study 2

4 Study Highlights Thermoplastic Elastomer Demand, 2000 Industrial Products 15.3% Motor Vehicles 30.6% Construction 12.2% Adhesives & Sealants 12.1% Other Markets 6.9% Medical Products 5.0% Wire & Cable 5.8% Consumer Products 12.1% Thermoplastic Elastomer Demand (million pounds) % Annual Growth Item /95 05/00 Gross Domestic Product (bil 1996$) lbs TPEs/mil $ GDP SUMMARY TABLE Thermoplastic Elastomer Demand Motor Vehicles Industrial Products Construction Adhesives & Sealants Consumer Products Wire & Cable Medical Products Other Markets $/lb TPE Demand (mil $) Copyright by The Freedonia Group, Inc. Order form on last page 3

5 List of Contents, Tables and Charts I. EXECUTIVE SUMMARY Summary Table... 3 II. III. IV. MARKET ENVIRONMENT General... 4 Macroeconomic Overview... 5 Table - Macroeconomic Indicators... 7 Population Trends... 7 Personal Consumption Expenditures Manufacturing Sector Overview Market Trends Competitive Materials Rubber Plastics Metal Environmental & Regulatory Trends Global Thermoplastic Elastomers Demand Global Thermoplastic Elastomer Suppliers SUPPLY & DEMAND General Production by Type Demand by Type Pricing Trends DEMAND BY MARKET General Table - Thermoplastic Elastomer Demand by Market Motor Vehicles Motor Vehicle Overview Table - Motor Vehicle Production & Vehicles in Use Motor Vehicles - Thermoplastic Elastomer Demand Table - Motor Vehicle Markets for Thermoplastic Elastomers Demand by Type Table - Motor Vehicle Markets for Thermoplastic Elastomers by Type Demand by Application Table - Motor Vehicle Markets for Thermoplastic Elastomers by Application Industrial Products Industrial Machinery & Equipment Overview Table - Industrial Machinery & Equipment Shipments Industrial Products - Thermoplastic Elastomer Demand Table - Industrial Product Markets for Thermoplastic Elastomers Demand by Type Table - Industrial Product Markets for Thermoplastic Elastomers by Type Demand by Application Table - Industrial Product Markets for Thermoplastic Elastomers by Application Construction Construction Overview Table - Construction Expenditures Construction - Thermoplastic Elastomer Demand Table - Construction Markets for Thermoplastic Elastomers Demand by Type Table - Construction Markets for Thermoplastic Elastomers by Type Demand by Application Table - Construction Markets for Thermoplastic Elastomers by Application Adhesives & Sealants Adhesives & Sealants Overview Table - Adhesives & Sealants Shipments Adhesives & Sealants - Thermoplastic Elastomer Demand Table - Adhesive & Sealant Markets for Thermoplastic Elastomers by Type Consumer Products Table - Consumer Product Market for Thermoplastic Elastomers Consumer Products - TPE Demand by Type Table - Consumer Product Market for Thermoplastic Elastomers by Type Styrenic Block Copolymers Thermoplastic Polyurethanes Copolyester Elastomers Thermoplastic Polyolefins Thermoplastic Vulcanizate Consumer Products - TPE Demand by Application Table - Consumer Product Market for Thermoplastic Elastomers by Application Appliances & Housewares Table - Appliance & Houseware Shipments Footwear Table - Thermoplastic Elastomer Demand in Appliances & Houseware Applications Table - Footwear Supply & Demand Table - Thermoplastic Elastomer Demand in Footwear Applications Sporting Goods & Other Table - Sporting Goods & Recreational Equipment Shipments.. 97 Table - Thermoplastic Elastomer Demand in Sporting Goods & Other Applications Wire & Cable Insulated Wire & Cable Overview Table - Insulated Wire & Cable Shipments Wire & Cable - Thermoplastic Elastomer Demand Table - Wire & Cable Market for Thermoplastic Elastomers Medical Products Medical Products Overview Table - Medical Product Shipments Medical Products - Thermoplastic Elastomer Demand Table - Medical Product Market for Thermoplastic Elastomers by Type & Application Demand by Type Demand by Application Other Markets Table - Other Markets for Thermoplastic Elastomers by Type & Application V. STYRENIC BLOCK COPOLYMERS General 113 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 Adhesives & Sealants Table - Adhesive & Sealant Applications for Styrenic Block Copolymers Molded & Extruded Goods Table - Molded & Extruded Applications for Styrenic Block Copolymers Asphalt Modification Table - Asphalt Modification Applications for Styrenic Block Copolymers Plastics Modification Table - Plastics Modification for Styrenic Block Copolymers Footwear Freedonia Industry Study

6 VI. Table - Footwear Applications for Styrenic Block Copolymers Other Applications Table - Other Applications for Styrenic Block Copolymers THERMOPLASTIC POLYOLEFIN ELASTOMERS General Table - Thermoplastic Polyolefin Supply & Demand Suppliers & Capacity Polymer Producers Table - US Thermoplastic Polyolefin Capacity by Company, Compounders Pricing Trends Table - Thermoplastic Polyolefin Pricing Trends Demand by Market Table - Thermoplastic Polyolefin Demand by Market Motor Vehicles Table - Motor Vehicle Markets for Thermoplastic Polyolefins Industrial Products Table - Industrial Product Market for Thermoplastic Polyolefins Wire & Cable Table - Wire & Cable Markets for Thermoplastic Polyolefins Consumer Products Table - Consumer Product Markets for Thermoplastic Polyolefins. 155 Other Markets Table - Other Markets for Thermoplastic Polyolefins VII. 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 Motor Vehicles Table - Motor Vehicle Markets for Thermoplastic Polyurethane Elastomers Consumer Products Table - Consumer Product Markets for Thermoplastic Polyurethane Elastomers Industrial Products Table - Industrial Product Markets for Thermoplastic Polyurethane Elastomers Wire & Cable Table - Wire & Cable Markets for Thermoplastic Polyurethane Elastomers Medical Products Table - Medical Product Markets for Thermoplastic Polyurethane Elastomers Other Markets Table - Other Markets for Thermoplastic Polyurethane Elastomers VIII. THERMOPLASTIC VULCANIZATES General Table - Thermoplastic Vulcanizate Supply & Demand Suppliers & Capacity Polymer Producers Table - US Thermoplastic Vulcanizate Capacity by Company, Compounders Table - Thermoplastic Vulcanizate Pricing Trends Pricing Trends Demand by Market Table - Thermoplastic Vulcanizate Demand by Market Motor Vehicles Table - Motor Vehicle Markets for Thermoplastic Vulcanizates Industrial Products Table - Industrial Product Markets for Thermoplastic Vulcanizates. 191 Consumer Products IX. Table - Consumer Product Markets for Thermoplastic Vulcanizates Wire & Cable Table - Wire & Cable Markets for Thermoplastic Vulcanizates Construction Table - Construction Markets for Thermoplastic Vulcanizates Other Markets Table - Other Markets for Thermoplastic Vulcanizates 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 Industrial Products Table - Industrial Product Markets for Copolyester Elastomers Motor Vehicles Table - Motor Vehicle Markets for Copolyester Elastomers Medical Products Table - Medical Product Markets for Copolyester Elastomers Consumer Products Table - Consumer Product Markets for Copolyester Elastomers Wire & Cable Table - Wire & Cable Markets for Copolyester Elastomers Construction Table - Construction Markets for Copolyester Elastomers Other Markets Table - Other Markets for Copolyester Elastomers 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 Type & Market Motor Vehicles Table - Motor Vehicle Markets for Other Thermoplastic Elastomers Consumer Products Table - Consumer Product Market for Other Thermoplastic Elastomers Industrial Products Table - Industrial Product Markets for Other Thermoplastic Elastomers Wire & Cable Table - Wire & Cable Markets for Other Thermoplastic Elastomers. 226 Construction Table - Construction Markets for Other Thermoplastic Elastomers Medical Products Table - Medical Product Markets for Other Thermoplastic Elastomers Miscellaneous Markets Table - Miscellaneous Markets for Other Thermoplastic Elastomers XI. INDUSTRY STRUCTURE General Market Share Thermoplastic Elastomer Compounders Capacity Expansion Activity Technology & Manufacturing Technology Manufacturing Competitive Strategies Acquisitions, Divestitures & Industry Restructuring Joint Ventures & Cooperative Agreements Marketing & Distribution Company Profiles Order form on last page 5

7 Market Environment The Market Environment Section discusses factors influencing thermoplastic elastomers demand, including environmental and market trends, as well as competitive materials. This information provides you with an understanding and an analysis of the climate in which the thermoplastic elastomers industry operates. MARKET ENVIRONMENT Global Thermoplastic Elastomers Demand In 2000, the global market for thermoplastic elastomers totaled 3.2 billion pounds, with the US representing 34 percent of the total. As is the case in the US, the world TPE market is linked to such markets as motor vehicles, industrial products SAMPLE PAGE and medical products. Outside the US, footwear accounts for a larger portion of thermoplastic elastomer demand than in the US primarily because of the continuing move of US production to the Latin America and Asia/Pacific regions. Nevertheless, demand for thermoplastic elastomers is heavily concentrated in the developed world, primarily North America, Western Europe and Japan. Global demand for thermoplastic elastomers is forecast to increase 6.1 percent per year to 4.3 billion pounds in The major industrialized nations, such as the US and Japan, will continue to dominate overall demand for thermoplastic elastomers due to their dominance in the production of items that contain thermoplastic elastomer materials such as motor vehicles, appliances and sporting goods. In addition, requirements for recyclable materials tend to arise from industrialized nations. As such, these environmental concerns will continue to promote demand for thermoplastic elastomers in developed nations. The increased requirement of recyclable materials in motor vehicles, for example, stems from progressive environmental legislation originating in Western Europe. This has promoted TPE demand in the motor vehicle market throughout the world, primarily because automakers do not want to produce a variety of vehicles which conform to different sets of regulations. As the TPE market matures in developed nations, much of anticipated gains will be linked to the development of new applications. In Japan, for instance, thermoplastic elastomers are making inroads into the automotive dynamic weather 6 Freedonia Industry Study

8 Thermoplastic Elastomer Products These Sections provide information on suppliers, pricing trends, and demand for historical years and forecast growth to 2005 and Thermoplastic Vulcanizate - Demand by Market THERMOPLASTIC VULCANIZATES 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. Thermoplastic vulcanizate elastomers are used in a variety of markets, including motor vehicles, industrial products, consumer products, wire and cable, and construction, as well as various small volume end uses (e.g., medical products and aerospace equipment). The largest outlet for TPVs is motor vehicles, where demand is forecast to reach 95 million pounds in This market will feel the effects of a projected deceleration in the production of largersized vehicles (e.g., sport utility vehicles, pickup trucks and minivans). However, these factors will be mitigated by intense product development efforts, particularly in exterior applications. Above-average gains are projected for the consumer product and construction markets, as well as various other end uses. In the consumer product market, for example, increased soft-touch requirements will continue to drive growth. Expanding applications in soft-touch end uses will partially be attributable to the development of expanded over-molded capabilities. Below-average gains are forecast for industrial products, and wire and cable due to the effects of a slowing US economy. Styrenic Block Copolymer Pricing Trends (dollar per pound) SAMPLE PAGE Item SBC Demand (mil lbs) Weighted Average SAMPLE TABLE SBC Demand (mil $) Specific Types: Styrene-Ethylene-Butylene-Styrene Styrene-Isoprene-Styrene Styrene-Butadiene-Styrene Copyright by The Freedonia Group, Inc. Order form on last page 7

9 Demand by Market This 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. DEMAND BY MARKET Appliance & Houseware Shipments - Thermoplastic Elastomer Demand Demand for thermoplastic elastomers in the appliance and housewares market is SAMPLE PAGE forecast to increase 4.7 percent per year to 98 million pounds in 2005, a deceleration from the pace set in Gains in demand will be restricted by a significant slowing in appliance shipments, particularly in major appliances, where TPEs find a significant portion of their use. Nonetheless, opportunities will continue to exist due to continued replacement of metal, thermoset rubber and thermoplastics with TPEs in various applications, as well as the development of a wider range of over-mold capabilities (where TPEs are molded to a rigid substrate in order to provide aesthetic or functional benefits). In 2005, the appliance market is expected to account for 60 percent of TPE demand in the consumer market. The leading applications for TPEs in major appliances are in washing machines (e.g., hose connectors, detergent compartment seals, fill/rinse hoses and filter seals), clothes dryers (e.g., dryer door seals, dryer drum rollers and soft touch grips), refrigerators (e.g., compressor mounts, hoses, pipes and gaskets), dishwashers (e.g., dishwasher door flanges and dishwasher sump boots), air conditioners, garbage disposals, ice makers and ranges. In refrigerators, for example, TPEs are expected to continue to displace PVC and thermoset rubber in pipes and gaskets. Industrial Product Markets for Thermoplastic Elastomers Major applications for TPEs in small appliances include blenders (e.g., lids, (million pounds) couplings), mixers (e.g., grip feet), food processors (e.g., seals and motor mounts), toaster and warming ovens (e.g., knobs), irons (e.g., strain relief grips) and vacuum Item cleaners (e.g., caster 1990wheels, 1995 seals, dirt 2000 bellows, 2005 bumpers and 2010 handles). In vacuum cleaners, for example, Royal Appliance utilizes Multibase s MULT-FLEX Industrial Mach & Eqpt Shpts (bil thermoplastic 96$) elastomer 209 alloy for its Vision 790 Sensor 1170 vacuum cleaner lbs TPEs/000$ shpts bumper. This TPE 0.40compound 0.36is over-molded 0.32 to 0.27 produce 0.24 a combination of soft SAMPLE TABLE Industrial Product Markets % industrial product Thermoplastic Elastomer Demand Copyright by The Freedonia Group, Inc. 8 Freedonia Industry Study

10 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: market share INDUSTRY STRUCTURE thermoplastic elastomer compounders capacity expansion activity technology & manufacturing competitive strategies acquisitions & divestitures industry restructuring joint ventures cooperative agreements marketing & distribution Thermoplastic Elastomer Compounders In addition to polymer producers, the US thermoplastic elastomer industry supports a variety of companies that offer independent compounding services. The strong presence of independent compounders in TPE production is based on the suitability of these materials for custom processing for specific performance properties, coupled with their high performance, rubber-like characteristics, and use in niche and smaller-volume applications. Since this segment is somewhat SAMPLE PAGE more accessible to new entrants, competition continues to increase. Kraiburg and Thermoplastic Rubber Systems are among the new entrants in the US TPE compounding segment. In 2001, Kraiburg constructed its first North American TPE compounding plant in Duluth, Georgia. The company offers its TPE compounds under the THERMOLAST K brand name. Krailburg is expected to add a second line to the Duluth plant by the end of Thermoplastic Rubber Systems, which was launched in 2000, produces TPE compounds at a plant in Shirley, Massachusetts. The company s TPE compounds are based on either TPVs or SBCs and are marketed under the NEX brand name. Unlike polymer producers, compounders in the US TPE industry tend to participate in several product segments. Many TPE compounders are expanding capacity, constructing new plants and introducing new grades. Among the major US TPE compounders are AlphaGary (Rockwood Specialties), GLS, Multibase, Nova Polymers, PolyOne, Spartech and Teknor Apex. AlphaGary provides TPE compounds based on styrenic block copolymers, thermoplastic vulcanizates, thermoplastic polyolefins and thermoplastic polyurethanes. The company s TPE compounds are marketed under the GARAFLEX, GARATHANE and EVOPRENE tradenames. EVOPRENE TPE compounds were introduced in 2000, designed primarily as a silicone alternative in disposable medical product applications. Other markets served by AlphaGary include motor Order form on last page 9

11 Company Profiles The Profiles Section analyzes 40 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. Bayer AG Bayerwerke Leverkusen Germany 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 Bayer Corporation 100 Bayer Road Pittsburgh, PA Bayer operates in four business segments: Health Care, Agriculture, Polymers and Chemicals. In the US, Bayer operates through Bayer Corporation. Sales for Bayer AG in 2000 totaled $28.5 billion, of which $8.9 billion were to North America, SAMPLE PAGE excluding discontinued operations. The Company employed 122,100 in The Company participates in the thermoplastic elastomers industry through the Polymers segment, which is divided into four business units: Plastics, Rubber, Polyurethanes, and Coatings and Colorants. Thermoplastic polyurethane (TPU) is produced by the Plastics unit and marketed under the TEXIN and DESMOPAN brand names. TPUs are produced in the US at a facility in New Martinsville, West Virginia. At the end of 2000, Bayer had an annual US TPU production capacity of approximately 15 million pounds. Bayer s TPUs are used in automotive applications, and in machine and apparatus engineering, as well as in end products such as films, hoses and sports equipment. TEXIN TPUs are available in five main grades: polyester, polyether, polyurethane blends, polycarbonate blends and medical. Performance properties include Copyright by The Freedonia Group, Inc. 10 Freedonia Industry Study

12 Companies Profiled Advanced Elastomer Systems LP BASF AG Montell Polyolefins BV Bayer AG Deerfield Urethane Incorporated Bridgestone Corporation Firestone Polymers Celanese AG Ticona Crompton Corporation CK Witco Corporation Uniroyal Chemical Company Delphi Automotive Systems Corporation Dexco Polymers Dow Chemical Company Union Carbide Corporation DSM NV DuPont Dow Elastomers LLC DuPont (EI) de Nemours Eastman Chemical Company EMS-Chemie Holding AG ENI SpA Equistar Chemicals LP Exxon Mobil Corporation Mytex Polymers Incorporated Ferro Corporation General Electric Company GLS Corporation Goodrich Corporation Huntsman Corporation Kraiburg Gummiwerk GmbH & Company Kraton Polymers US LLC Kuraray Company Limited Multibase Incorporated Nova Polymers Incorporated Noveon Incorporated PolyOne Corporation Hanna (MA) Company Rockwood Specialties Incorporated AlphaGary Corporation Rohm and Haas Company Royal Dutch/Shell Group of Companies Basell NV Montell Polyolefins BV Saint-Gobain Norton Company Schulman (A.) Incorporated Sunprene Company Solvay SA Spartech Corporation Teknor Apex Company Thermoplastic Rubber Systems Incorporated Total Fina Elf SA Atofina Chemicals Incorporated Washington Penn Plastic Company Incorporated Order form on last page 11

13 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... Adhesives & Sealants Shipments Motor Vehicle Production Gross Domestic Product (GDP)... 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

14 About The Freedonia Group The Freedonia Group, Inc. is a leading international industry study/ database company. Since 1985, Freedonia has published over 1,600 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: World Rubber & Tire Thermoplastic Compounding by Independents Industrial Rubber Products Automotive Coatings, Sealants & Adhesives Because Freedonia is a reliable information source, our forecasts are cited in numerous publications such as The Wall Street Journal, Chemical Week, Chemical Market Reporter and 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, motor vehicle production, adhesives and sealants shipments, 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

15 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: Bayer, Dow Chemical, DuPont, Rohm and Haas, and Saint-Gobain. 14 Freedonia Industry Study

16 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) Acrylic Resins Demand for acrylic resins in the US will reach 3.7 billion pounds in Gains will be most pronounced in industrial and specialty coatings, high quality paper finishes, pressure sensitive adhesives, and polymer property modifiers. Methacrylates will continue to account for the majority of demand, while acrylates record more rapid growth. This study analyzes the $1.9 billion US acrylic resin industry to 2005 and 2010 by type and market. It also presents market share data and profiles leading companies. # / $3,600 Automotive Coatings, Sealants & Adhesives US automotive coatings, sealants and adhesives demand will reach 2.3 billion pounds in Gains will be driven by the replacement of mechanical fasteners with adhesives and consumer demands for noise-insulating sealants. Shifts toward higher priced materials (e.g., radiationcured) will boost value gains. This study analyzes the $5.6 billion US automotive coatings, sealants and adhesives industry to 2005 and 2010 by polymer, formulation and market. It also details market share and profiles key companies. # / $3,700 Industrial Rubber Products - Private Companies Report The majority of the approximately 1,000 companies in the US industrial rubber products market are privately held. At least ten private firms have $75 million or more in industrial rubber product sales. Several firms are also significant producers in individual markets such as belting, roofing and flooring. This report profiles over 150 companies (e.g., Day International, Quadion). It also forecasts industry demand, reviews acquisition trends, presents market share data, and lists firms by product and location. # / $3,200 Adhesives Demand for adhesives in the US will reach 15.2 billion pounds in Gains in value demand will benefit from rising raw material costs and a shift to higher priced hot melts and emulsions. Specialty and engineering adhesives will grow the fastest as they find greater use in construction and durables manufacturing, often at the expense of conventional fasteners. This study analyzes the $8.4 billion US adhesives industry to 2004 and 2009 by market and type. It also details market share and profiles key firms. # / $3,700 World Rubber & Tire World rubber consumption will approach 20 million metric tons in Non-tire rubber will outpace tire rubber demand, supported by midrange elastomers used in industrial rubber hoses, belts, gaskets and weatherstripping. Tire rubber will benefit from the sale of more performance tires, which have shorter service lives than all season radials. This study analyzes the 17 million metric ton world rubber and tire industry to 2004 and It covers 6 regions and 33 countries, details market shares and profiles key firms. # / $4,300 Industrial Rubber Products Sales of industrial rubber products in the US will grow over 6% annually. Gains will be driven by expanded use of geomembranes and rubber roofing and flooring. The aerospace and other transportation market will also post rapid gains, while mechanical rubber goods remains the largest product group, with most demand related to motor vehicles. This study analyzes the $15.5 billion US industrial rubber products industry to 2004 and 2009 by type and market. It also evaluates market shares and profiles key firms. # / $3,600 Thermoplastic Compounding by Independents Thermoplastic resin demand by independent US compounders will grow over 4% annually, driven by needs for higher performance materials. TPEs will exhibit the best growth based on advantages over rubbers and thermoset resins. Construction markets will remain dominant, although motor vehicle uses will grow faster. This study analyzes the $10 billion US independent thermoplastic compounding industry to 2004 and 2009 by product and market. It also scrutinizes market share and profiles key firms. # / $3,600 Order form on last page 15

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