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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...
How Waste Oil Recycling Will Transform the Lubricant Industry This Decade

How Waste Oil Recycling Will Transform the Lubricant Industry This Decade

by jim newell | May 1, 2023 | Environment, Safety

Consumer demand for eco-friendly products is driving tremendous growth in the waste oil recycling industry. The waste oil market was valued at nearly $67B in 2022 and is projected to surpass $93B by 2028, at a strong CAGR (compound annual growth rate) of 6.02 percent....
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