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Why Bio-Based Oil Supply Security Is Critical to the Future of the TPE Industry

by Jim Donohue | Aug 15, 2023 | Product Applications, Supply Security

Demand for bio-based oil has quietly accelerated in recent years, driven by a rapidly growing market for bio-based thermoplastic elastomers (TPEs). Valued at about $513M in 2023, the market is expected to grow at an astonishing 14 percent CAGR (compound annual growth...

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