Thermoplastic Copolyester elastomers are a part of thermoplastic elastomers with multi-block copolymers made from crystallizable hard segments and flexible segments. The properties of final products depend on the compositions and molecular structures of the hard and soft segments. These elastomers exhibit combined properties of thermoplastics and elastomers. Thermoplastic Copolyester elastomers have superior oil & chemical resistance and can be used in applications requiring elastomers to be used in high service temperature conditions. This is one of the key factors driving the growth of TPC in CVJ boots and automotive air ducts. Crucial other application areas for thermoplastic Copolyester includes electrical applications for wire & cable jacketing, medical, consumer goods and others. Regarding production capacity, DowDuPont, DSM Engineering Plastics, P. group Srl, and Celanese Corporation are some of the major producers along with many manufacturers in Asia, especially China and Taiwan. A few manufacturers operate swing capacities of PBT and Thermoplastic Copolyester.
Market Value Forecast
The global Thermoplastic Copolyester Elastomers market revenue is anticipated to increase at a CAGR of around 6% during the forecast period. The automotive and medical applications offers a great avenues of opportunities for Thermoplastic Copolyester Elastomers owing to their chemical and thermal resistance properties. Substituting PVC, is driving demand growth for Thermoplastic Copolyester Elastomers in the medical sector. The global automotive industry is growing a little over the global GDP growth. The primary factor driving growth in the automotive sector is the growing demand for high performance and lower weighted materials. Thermoplastic Copolyester are vital raw materials in the manufacturing of CVJ boots and automotive air-ducts. Thermoplastic Copolyester Elastomers also finds application in the consumer goods and a number of industrial applications requiring high-end elastomers. At a global level, the Thermoplastic Copolyester Elastomers market has experienced moderate market growths owing to the increasing trend of weight reduction in automotive. Strict framework of rules and volatile raw material prices are some of the factors impacting the market growths for Thermoplastic Copolyester Elastomers.
On the basis of application, the global Thermoplastic Copolyester Elastomers market is segmented into CVJ Boots, Automotive Air Ducts, Medical, Consumer goods, Electrical (wires & cables), Industrial and Others. Automotive remains the largest application of Thermoplastic Copolyester Elastomers, followed by industrial. The Thermoplastic Copolyester Elastomers market has been evaluated across primary regions such as North America, Latin America, Europe, Japan, Asia-Pacific except Japan, and the Middle East & Africa (MEA). China, Japan and the U.S. together account for over 80% of the global production.
Some of the key players identified in the global Thermoplastic Copolyester Elastomers market are Celanese Corporation, DowDuPont Inc., DSM Engineering Plastics, Teijin Industries, Toyobo, Mitsubishi Chemicals, LG Chem. Ltd., Samyang Corporation, SK Chemicals, Chang-Chung Group, Shinkong Group, and P.Group Srl.
About the Report
Fact.MR published an exclusive forecast report on the Thermoplastic Copolyester Elastomers market between 2018 and 2027. The foremost objective of this report on Thermoplastic Copolyester Elastomers market is to pitch spearhead insights on market scenario, demand generators and technological advancements in Thermoplastic Copolyester Elastomers market. Also, the study on Thermoplastic Copolyester Elastomers market addresses key dynamics, which is expected to diversify the sales and future prominence of Thermoplastic Copolyester Elastomers market.
The report on Thermoplastic Copolyester Elastomers market initiates with an executive overview in which a product definition is provided. The report further proceeds with taxonomy of Thermoplastic Copolyester Elastomers market and elaborates on the key segments. Also, the report outlines visionary insights on dynamics of Thermoplastic Copolyester Elastomers market including drivers, restraints, opportunities and trends and pricing analysis along with the key buying factors for Thermoplastic Copolyester Elastomers. Value chain analysis and pricing analysis of Thermoplastic Copolyester Elastomers has also been included. An overview of the surfactant industry and bio-surfactants with personal care and detergent market overviews have also been included in the report to help the readers clearly understand the product framework map in Thermoplastic Copolyester Elastomers market.
Additional Questions Answered
The report also provides answers to other important questions related to Thermoplastic Copolyester Elastomers market, such as –
- What will be market of Thermoplastic Copolyester Elastomers be in 2018 and how would it take shape in the next decade?
- What is the apparent consumption of Thermoplastic Copolyester Elastomers globally and demand forecast by 2027-end?
- Which application sector will hold the largest volume share of the Thermoplastic Copolyester Elastomers market?
- What will the growth rate of Thermoplastic Copolyester Elastomers market in South East Asia & Pacific?
The report offers an in-depth assessment on the Thermoplastic Copolyester Elastomers market, which is based on a tested & proven research methodology that involves a comprehensive primary and secondary research approaches. These research methods have helped in arriving at an important number for the Thermoplastic Copolyester Elastomers market. Data collected on the Thermoplastic Copolyester Elastomers market by these researchers go through several validation funnels, examination and re-examination, prior to their inclusion in the report.
Credibility of the statistics evaluated and data acquired on the Thermoplastic Copolyester Elastomers market, bases itself on unique nature of Fact.MR’s research methodology, which claims greater accuracy and provision of authentic data. Intelligence obtained from opinion leaders and industry experts in the Thermoplastic Copolyester Elastomers market have been extrapolated, meanwhile the contemplation of the data has allowed the analysts to develop this analytic and insightful report on the Thermoplastic Copolyester Elastomers market.
Mr. Shambhu Nath Jha is a seasoned consultant and researcher. His research papers have been published in reputed websites and trade journals. His interests include philosophy and history.