Thermoplastic Copolyester Elastomers Market

Thermoplastic Copolyester Elastomers Market Study by CVJ Boots, Air Ducts, Medical, Consumer Goods, Electrical (Wires & Cables), and Others from 2023 to 2033

Analysis of Thermoplastic Copolyester Elastomers Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Thermoplastic Copolyester Elastomers Market Outlook (2023 to 2033)

Global demand for thermoplastic copolyester elastomers amounts to a market valuation of US$ 23.1 billion in 2023 and is forecasted to reach US$ 39.1 billion by the end of 2033. The global thermoplastic copolyester elastomers market is predicted to exhibit expansion at 5.4% CAGR over the next ten years.

Thermoplastic copolyester elastomers are a type of thermoplastic elastomers that are mostly used for modifying the characteristic properties of rigid thermoplastics. They are also known as COPE or TPCs. Increasing urbanization and industrialization are expected to play a crucial role in fostering demand for thermoplastic copolyester elastomers in the long run.

Surging automotive production, the rising establishment of new industrial manufacturing facilities, growing demand for recyclable materials, and expanding application scope of thermoplastic copolyester elastomers in several industry verticals such as healthcare, consumer goods, etc. are key prospects that could augment shipments of thermoplastic copolyester elastomers in the future.

Increasing demand for sustainable and lightweight packaging is also expected to benefit thermoplastic copolyester elastomer demand over the next ten years. The high use of recyclable materials in electronics and wearable devices is also anticipated to favour market development going forward. Thermoplastic vulcanizates (TPVs), thermoplastic polyolefin elastomers (TPO), thermoplastic polyurethane, and thermoplastic polyimides are other thermoplastic products that could witness a hike in popularity through 2033.

On the contrary, thermoplastic copolyester elastomer sales are estimated to be limited by volatile raw material prices and fluctuations in the supply chain management of crude oil and other raw materials. Changing geopolitical situations around the world and disruptions to trade activity due to numerous natural and manmade altercations are also expected to inhibit shipments of thermoplastic copolyester elastomers to a certain extent throughout the forecast period.

The market for thermoplastic copolyester elastomers is growing fiercer in competition by the day and this is a key factor that could potentially shape the future of thermoplastic copolyester elastomer demand going forward. Established market players are anticipated to focus on increasing their production capacity to secure their dominant position in the global competitive landscape.

  • In 2022, the top 5 thermoplastic copolyester elastomer companies in the world accounted for more than 1/2 of the global market share.

The requirement of high initial investment for manufacturing thermoplastic copolyester elastomers is anticipated to be a major hurdle for aspiring thermoplastic copolyester elastomer companies in the future and is also expected to dwarf the start-up scope of the marketplace to a certain extent.

New thermoplastic copolyester elastomer suppliers can focus on optimizing the supply chain to create stability in raw material pricing trends and focus on standardization of products to create a space for themselves in the industry.

Report Attributes

Details

Thermoplastic Copolyester Elastomers Market Size (2023)

US$ 23.1 Billion

Projected Market Value (2033F)

US$ 39.1 Billion

Global Market Growth Rate (2023 to 2033)

5.4% CAGR

Market Share of North America (2022)

~35%

Key Companies Profiled

  • Celanese Corporation
  • DowDuPont Inc.
  • DSM Engineering Plastics
  • Teijin Industries
  • DIC Corporation
  • Toyobo
  • Tosoh Corporation
  • Mitsubishi Chemicals
  • LG Chem. Ltd.
  • Samyang Corporation
  • SK Chemicals
  • Chang-Chung Group
  • Shinkong Group

Which Opportunity Can Thermoplastic Copolyester Elastomer Vendors Capitalize On?

“Surging Use of Thermoplastic Elastomers in Healthcare Industry”

The focus on sustainability has increased significantly in recent years and this trend is now notably controlling developments in the healthcare industry as well. Medical device manufacturers and healthcare service providers are focusing on reducing their carbon footprint by adopting sustainable and eco-friendly materials.

Polyvinyl chloride (PVC) and silicone rubber were extensively used in the healthcare industry, but they are now being replaced with thermoplastic elastomers as the industry shifts towards a more eco-friendly approach.

Thermoplastic copolyester elastomers are being used to manufacture breathable bags, face masks, syringe plungers, dental instruments, and other medical devices. Better resistance of thermoplastic copolyester elastomers to oil and chemicals as compared to other materials is also a key factor that is anticipated to drive up demand for thermoplastic copolyester elastomers in the medical industry over the next ten years and beyond. The aforementioned factors are anticipated to create new opportunities for established as well as upcoming thermoplastic copolyester elastomer manufacturers going forward.

A comprehensive assessment of trends such as new developments, supply chain management, global demand, local supply, pricing trends, and safety regulations have been mentioned in this newly revised thermoplastic copolyester elastomers market research analysis by Fact.MR, a market research and competitive intelligence provider.

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Which Roadblocks Will Thermoplastic Copolyester Elastomer Manufacturers Have to Overcome?

“Volatile Raw Material Pricing and Product Commoditization”

Volatility in the prices of raw materials used to manufacture thermoplastic copolyester elastomers is anticipated to be a major constraint hampering the market development at present and across the forecast period as well. Uncertainty in crude oil prices and changing political and economic conditions around the world are also expected to have an adverse impact on thermoplastic copolyester elastomer shipments over the next ten years.

Stringent mandates to govern the extraction and distribution of crude oil owing to a rising focus on sustainability are also expected to hurt supply chain management in the global thermoplastic copolyester elastomers industry going forward. Product commoditization is another factor that is expected to hurt thermoplastic copolyester elastomer sales in the long run as price competition among companies becomes fiercer with time.

In summary, thermoplastic copolyester elastomer vendors are expected to overcome the aforementioned obstacles to unlock the complete potential of their business scope on a global as well as regional level.

Thermoplastic Copolyester Elastomers Market Growth Forecast by Fact.MR

Country-wise Insights

Why Should Thermoplastic Copolyester Elastomer Suppliers Invest in Japan?

“Rising Manufacturing Activity and Supportive Government Initiatives Attracting Investments”

Japan is anticipated to be a beneficial market for thermoplastic copolyester elastomer manufacturers owing to supportive government initiatives that are being launched to promote manufacturing activity in several industry verticals. The presence of key chemical manufacturing companies in the country is also a key prospect that is anticipated to bolster shipments of thermoplastic copolyester elastomers and other chemical products over the next ten years.

Increasing penetration of thermoplastic compounds in several industry verticals, rising focus on sustainability, and growing demand for recyclable materials are other aspects that could potentially augment thermoplastic copolyester elastomer sales across the forecast period in Japan.

Which Country Could Be an Opportune Market in Europe?

“Germany to Account for Prominent Demand Share”

Germany is home to some of the world’s leading automotive manufacturers in the world and also has a highly remunerative automotive industry. Thermoplastic copolyester elastomers are expected to witness a hike in use in the automotive industry as vehicle manufacturers opt for carbon thermoplastic materials, which are sustainable and lighter as compared to conventional materials to enhance efficiency and reduce their environmental impact.

This increasing focus on sustainability and growing manufacturing and sales of electric vehicles (EVs) in the country are projected to primarily augment thermoplastic copolyester elastomer shipments over the next ten years. High flexibility and the ability to withstand high temperatures are key properties that are slated to boost thermoplastic copolyester elastomer sales for automotive applications throughout the forecast period.

Why are Thermoplastic Copolyester Elastomer Suppliers Swarming the United States?

“High Use of Plastics in Several Industry Verticals”

Implementation of stringent vehicle efficiency norms by the government of the United States has resulted in the high use of plastics in the automotive industry to reduce the weight of vehicles and this is expected to be a key factor propelling the sales of thermoplastic copolyester elastomers in the country over the coming years. High demand for alternatives of rubber and rigid plastics is also expected to benefit market development in the country through 2033.

The presence of several established manufacturing facilities and growing focus on sustainability in the industrial sector are also projected to benefit thermoplastic copolyester elastomer shipments in the United States going forward. High investments in research and development of novel products and materials in the country are also projected to create an opportune scenario for thermoplastic copolyester elastomer producers and distributors across the forecast period and beyond.

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Category-wise Insights

Where are Thermoplastic Copolyester Elastomer Sales Set to Soar?

“Industrial Applications Projected to Account for Lion’s Share”

Based on application, the market for thermoplastic copolyester elastomers is segmented into CVJ boots, air ducts, medical, consumer goods, electrical (wires & cables), industrial applications, and others.

Industrial applications are anticipated to account for a significant share of the global marketplace by the end of the forecast period. Rapid industrialization and supportive government initiatives to promote industrial activity around the world are expected to primarily boost demand for thermoplastic copolyester elastomers in industrial applications over the coming years.

Surging use of thermoplastic copolyester elastomers for manufacturing CVJ (constant velocity joint) boots owing to high automotive production and growing vehicle sales are also predicted to offer lucrative business scope for thermoplastic copolyester elastomer manufacturers through 2033.

Competitive Landscape

Leading thermoplastic copolyester elastomer manufacturers are focusing on mergers, collaborations, and acquisitions to fast-track the research and development of novel products that improve the business potential and application scope of thermoplastic copolyester elastomers as well.

  • In March 2023, Evonik, a German specialty chemicals company, announced that it was collaborating with Farsoon, an industrial 3D printer manufacturer for the marketing of INFINAM TPC, which is Evonik’s ready-to-use elastomer copolymer materials.

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Thermoplastic Copolyester Elastomers Industry Research Segments

  • By Application :

    • CVJ Boots
    • Air Ducts
    • Medical
    • Consumer Goods
    • Electrical (Wires & Cables)
    • Industrial Applications
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

Table of Content

1. Global Market - Executive Summary

2. Global Market Overview

    2.1. Introduction

        2.1.1. Global Market Taxonomy

        2.1.2. Global Market Definition

    2.2. Global Market Size (US$ Mn & Volume) and Forecast, 2018-2033

        2.2.1. Global Market Y-o-Y Growth

    2.3. Global Market Dynamics

        2.3.1. Drivers

        2.3.2. Restraints

        2.3.3. Opportunities

        2.3.4. Trends

    2.4. Global Engineering Plastics Market

    2.5. Pricing Analysis

    2.6. Raw Material Sourcing Strategy and Analysis

    2.7. Global Automotive Production Statistics And Industry Outlook

    2.8. Key Participants Market Presence (Intensity Map) By Region

    2.9. Global Production Capacities, By Company and Country, 2017

3. Global Market Analysis and Forecast 2018-2033

    3.1. Global Market Size and Forecast By, 2018-2033

        3.1.1. CVJ Boots Market Size and Forecast, 2018-2033

            3.1.1.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.1.1.2. Market Share Comparison, By Region

            3.1.1.3. Y-o-Y growth Comparison, By Region

        3.1.2. Automotive Air Ducts Market Size and Forecast, 2018-2033

            3.1.2.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.1.2.2. Market Share Comparison, By Region

            3.1.2.3. Y-o-Y growth Comparison, By Region

        3.1.3. Medical Market Size and Forecast, 2018-2033

            3.1.3.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.1.3.2. Market Share Comparison, By Region

            3.1.3.3. Y-o-Y growth Comparison, By Region

        3.1.4. Consumer goods Market Size and Forecast, 2018-2033

            3.1.4.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.1.4.2. Market Share Comparison, By Region

            3.1.4.3. Y-o-Y growth Comparison, By Region

        3.1.5. Electrical (wires & cables) Market Size and Forecast, 2018-2033

            3.1.5.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.1.5.2. Market Share Comparison, By Region

            3.1.5.3. Y-o-Y growth Comparison, By Region

        3.1.6. Industrial Market Size and Forecast, 2018-2033

            3.1.6.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.1.6.2. Market Share Comparison, By Region

            3.1.6.3. Y-o-Y growth Comparison, By Region

        3.1.7. Others Market Size and Forecast, 2018-2033

            3.1.7.1. Revenue (US$ Mn) & Volume Comparison, By Region

            3.1.7.2. Market Share Comparison, By Region

            3.1.7.3. Y-o-Y growth Comparison, By Region

4. North America Market Size and Forecast, 2018-2033

    4.1. Revenue (US$ Mn) & Volume Comparison, By Country

    4.2. Revenue (US$ Mn) & Volume Comparison, By Application

5. Latin America Market Size and Forecast, 2018-2033

    5.1. Revenue (US$ Mn) & Volume Comparison, By Country

    5.2. Revenue (US$ Mn) & Volume Comparison, By Application

6. Europe Market Size and Forecast, 2018-2033

    6.1. Revenue (US$ Mn) & Volume Comparison, By Country

    6.2. Revenue (US$ Mn) & Volume Comparison, By Application

7. Japan Market Size and Forecast, 2018-2033

    7.1. Revenue (US$ Mn) & Volume Comparison, By Country

    7.2. Revenue (US$ Mn) & Volume Comparison, By Application

8. APEJ Market Size and Forecast, 2018-2033

    8.1. Revenue (US$ Mn) & Volume Comparison, By Country

    8.2. Revenue (US$ Mn) & Volume Comparison, By Application

9. MEA Market Size and Forecast, 2018-2033

    9.1. Revenue (US$ Mn) & Volume Comparison, By Country

    9.2. Revenue (US$ Mn) & Volume Comparison, By Application

10. Global Market Company Share, Competition Landscape and Company Profiles

    10.1. Company Share Analysis

    10.2. Competition Landscape

    10.3. Company Profiles

        10.3.1. Celanese Corporation

        10.3.2. DowDuPont Inc.

        10.3.3. DSM Engineering Plastics

        10.3.4. Teijin Industries

        10.3.5. DIC Corporation

        10.3.6. Toyobo

        10.3.7. Tosoh Corporation

        10.3.8. Mitsubishi Chemicals

        10.3.9. LG Chem. Ltd.

        10.3.10. Samyang Corporation

        10.3.11. SK Chemicals

        10.3.12. Chang-Chung Group

        10.3.13. Shinkong Group

11. Secondary and Primary Sources

12. Assumptions and Acronyms

13. Disclaimer

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List Of Table

TABLE 1: Global Market Value (US$ Mn) & Volume, 2018-2022

TABLE 2: Global Market Value (US$ Mn) & Volume, 2023-2033

TABLE 3: Global Market Value (US$ Mn) & Volume and Y-o-Y, 2022-2033

TABLE 4: Global CVJ Boots Segment Value (US$ Mn) & Volume, By Region 2018-2022

TABLE 5: Global CVJ Boots Segment Value (US$ Mn) & Volume, By Region 2023-2033

TABLE 6: Global CVJ Boots Segment Market Share, By Region 2018-2022

TABLE 7: Global CVJ Boots Segment Market Share, By Region 2023-2033

TABLE 8: Global CVJ Boots Segment Y-o-Y, By Region 2022-2033

TABLE 9: Global Automotive Air Ducts Segment Value (US$ Mn) & Volume, By Region 2018-2022

TABLE 10: Global Automotive Air Ducts Segment Value (US$ Mn) & Volume, By Region 2023-2033

TABLE 11: Global Automotive Air Ducts Segment Market Share, By Region 2018-2022

TABLE 12: Global Automotive Air Ducts Segment Market Share, By Region 2023-2033

TABLE 13: Global Automotive Air Ducts Segment Y-o-Y, By Region 2022-2033

TABLE 14: Global Medical Segment Value (US$ Mn) & Volume, By Region 2018-2022

TABLE 15: Global Medical Segment Value (US$ Mn) & Volume, By Region 2023-2033

TABLE 16: Global Medical Segment Market Share, By Region 2018-2022

TABLE 17: Global Medical Segment Market Share, By Region 2023-2033

TABLE 18: Global Medical Segment Y-o-Y, By Region 2022-2033

TABLE 19: Global Consumer goods Segment Value (US$ Mn) & Volume, By Region 2018-2022

TABLE 20: Global Consumer goods Segment Value (US$ Mn) & Volume, By Region 2023-2033

TABLE 21: Global Consumer goods Segment Market Share, By Region 2018-2022

TABLE 22: Global Consumer goods Segment Market Share, By Region 2023-2033

TABLE 23: Global Consumer goods Segment Y-o-Y, By Region 2022-2033

TABLE 24: Global Electrical (wires & cables) Segment Value (US$ Mn) & Volume, By Region 2018-2022

TABLE 25: Global Electrical (wires & cables) Segment Value (US$ Mn) & Volume, By Region 2023-2033

TABLE 26: Global Electrical (wires & cables) Segment Market Share, By Region 2018-2022

TABLE 27: Global Electrical (wires & cables) Segment Market Share, By Region 2023-2033

TABLE 28: Global Electrical (wires & cables) Segment Y-o-Y, By Region 2022-2033

TABLE 29: Global Industrial Segment Value (US$ Mn) & Volume, By Region 2018-2022

TABLE 30: Global Industrial Segment Value (US$ Mn) & Volume, By Region 2023-2033

TABLE 31: Global Industrial Segment Market Share, By Region 2018-2022

TABLE 32: Global Industrial Segment Market Share, By Region 2023-2033

TABLE 33: Global Industrial Segment Y-o-Y, By Region 2022-2033

TABLE 34: Global Others Segment Value (US$ Mn) & Volume, By Region 2018-2022

TABLE 35: Global Others Segment Value (US$ Mn) & Volume, By Region 2023-2033

TABLE 36: Global Others Segment Market Share, By Region 2018-2022

TABLE 37: Global Others Segment Market Share, By Region 2023-2033

TABLE 38: Global Others Segment Y-o-Y, By Region 2022-2033

TABLE 39: North America Market Value (US$ Mn) & Volume, By Country 2018-2022

TABLE 40: North America Market Value (US$ Mn) & Volume, By Country 2023-2033

TABLE 41: North America Market Value (US$ Mn) & Volume, By Application 2018-2022

TABLE 42: North America Market Value (US$ Mn) & Volume, By Application 2023-2033

TABLE 43: Latin America Market Value (US$ Mn) & Volume, By Country 2018-2022

TABLE 44: Latin America Market Value (US$ Mn) & Volume, By Country 2023-2033

TABLE 45: Latin America Market Value (US$ Mn) & Volume, By Application 2018-2022

TABLE 46: Latin America Market Value (US$ Mn) & Volume, By Application 2023-2033

TABLE 47: Europe Market Value (US$ Mn) & Volume, By Country 2018-2022

TABLE 48: Europe Market Value (US$ Mn) & Volume, By Country 2023-2033

TABLE 49: Europe Market Value (US$ Mn) & Volume, By Application 2018-2022

TABLE 50: Europe Market Value (US$ Mn) & Volume, By Application 2023-2033

TABLE 51: Japan Market Value (US$ Mn) & Volume, By Country 2018-2022

TABLE 52: Japan Market Value (US$ Mn) & Volume, By Country 2023-2033

TABLE 53: Japan Market Value (US$ Mn) & Volume, By Application 2018-2022

TABLE 54: Japan Market Value (US$ Mn) & Volume, By Application 2023-2033

TABLE 55: APEJ Market Value (US$ Mn) & Volume, By Country 2018-2022

TABLE 56: APEJ Market Value (US$ Mn) & Volume, By Country 2023-2033

TABLE 57: APEJ Market Value (US$ Mn) & Volume, By Application 2018-2022

TABLE 58: APEJ Market Value (US$ Mn) & Volume, By Application 2023-2033

TABLE 59: MEA Market Value (US$ Mn) & Volume, By Country 2018-2022

TABLE 60: MEA Market Value (US$ Mn) & Volume, By Country 2023-2033

TABLE 61: MEA Market Value (US$ Mn) & Volume, By Application 2018-2022

TABLE 62: MEA Market Value (US$ Mn) & Volume, By Application 2023-2033

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List Of Figures

FIG. 1: Global Market Value (US$ Mn), 2018-2022

FIG. 2: Global Market Value (US$ Mn) Forecast, 2023-2033

FIG. 3: Global Market Value (US$ Mn) and Y-o-Y, 2022-2033

FIG. 4: Global CVJ Boots Segment Market Value (US$ Mn) By Region, 2018-2022

FIG. 5: Global CVJ Boots Segment Market Value (US$ Mn) By Region, 2023-2033

FIG. 6: Global CVJ Boots Segment Y-o-Y Growth Rate, By Region, 2022-2033

FIG. 7: Global Automotive Air Ducts Segment Market Value (US$ Mn) By Region, 2018-2022

FIG. 8: Global Automotive Air Ducts Segment Market Value (US$ Mn) By Region, 2023-2033

FIG. 9: Global Automotive Air Ducts Segment Y-o-Y Growth Rate, By Region, 2022-2033

FIG. 10: Global Medical Segment Market Value (US$ Mn) By Region, 2018-2022

FIG. 11: Global Medical Segment Market Value (US$ Mn) By Region, 2023-2033

FIG. 12: Global Medical Segment Y-o-Y Growth Rate, By Region, 2022-2033

FIG. 13: Global Consumer goods Segment Market Value (US$ Mn) By Region, 2018-2022

FIG. 14: Global Consumer goods Segment Market Value (US$ Mn) By Region, 2023-2033

FIG. 15: Global Consumer goods Segment Y-o-Y Growth Rate, By Region, 2022-2033

FIG. 16: Global Electrical (wires & cables) Segment Market Value (US$ Mn) By Region, 2018-2022

FIG. 17: Global Electrical (wires & cables) Segment Market Value (US$ Mn) By Region, 2023-2033

FIG. 18: Global Electrical (wires & cables) Segment Y-o-Y Growth Rate, By Region, 2022-2033

FIG. 19: Global Industrial Segment Market Value (US$ Mn) By Region, 2018-2022

FIG. 20: Global Industrial Segment Market Value (US$ Mn) By Region, 2023-2033

FIG. 21: Global Industrial Segment Y-o-Y Growth Rate, By Region, 2022-2033

FIG. 22: Global Others Segment Market Value (US$ Mn) By Region, 2018-2022

FIG. 23: Global Others Segment Market Value (US$ Mn) By Region, 2023-2033

FIG. 24: Global Others Segment Y-o-Y Growth Rate, By Region, 2022-2033

FIG. 25: North America Market Value (US$ Mn), By Country 2018-2022

FIG. 26: North America Market Value (US$ Mn), By Country 2023-2033

FIG. 27: North America Market Value (US$ Mn), By Application 2018-2022

FIG. 28: North America Market Value (US$ Mn), By Application 2023-2033

FIG. 29: Latin America Market Value (US$ Mn), By Country 2018-2022

FIG. 30: Latin America Market Value (US$ Mn), By Country 2023-2033

FIG. 31: Latin America Market Value (US$ Mn), By Application 2018-2022

FIG. 32: Latin America Market Value (US$ Mn), By Application 2023-2033

FIG. 33: Europe Market Value (US$ Mn), By Country 2018-2022

FIG. 34: Europe Market Value (US$ Mn), By Country 2023-2033

FIG. 35: Europe Market Value (US$ Mn), By Application 2018-2022

FIG. 36: Europe Market Value (US$ Mn), By Application 2023-2033

FIG. 37: Japan Market Value (US$ Mn), By Country 2018-2022

FIG. 38: Japan Market Value (US$ Mn), By Country 2023-2033

FIG. 39: Japan Market Value (US$ Mn), By Application 2018-2022

FIG. 40: Japan Market Value (US$ Mn), By Application 2023-2033

FIG. 41: APEJ Market Value (US$ Mn), By Country 2018-2022

FIG. 42: APEJ Market Value (US$ Mn), By Country 2023-2033

FIG. 43: APEJ Market Value (US$ Mn), By Application 2018-2022

FIG. 44: APEJ Market Value (US$ Mn), By Application 2023-2033

FIG. 45: MEA Market Value (US$ Mn), By Country 2018-2022

FIG. 46: MEA Market Value (US$ Mn), By Country 2023-2033

FIG. 47: MEA Market Value (US$ Mn), By Application 2018-2022

FIG. 48: MEA Market Value (US$ Mn), By Application 2023-2033

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

- FAQs -

What is the current thermoplastic copolyester elastomers market size?

In 2023, the global thermoplastic copolyester elastomer market stands at a value of US$ 23.1 billion.

How big will the market for thermoplastic copolyester elastomers be in the future?

By 2033-end, worldwide sales of thermoplastic copolyester elastomers are set to reach US$ 39.1 billion.

What is the CAGR for the thermoplastic copolyester elastomers market?

Global thermoplastic copolyester elastomer shipments are predicted to rise at 5.4% CAGR over the next ten years.

What are the major challenges in the thermoplastic copolyester elastomers market?

Volatile raw material prices and commoditization are key challenges that thermoplastic copolyester elastomer manufacturers have to overcome in the industry.

Who are the key players in the thermoplastic copolyester elastomers market?

Toyobo, Tosoh Corporation, Mitsubishi Chemicals, LG Chem. Ltd., Samyang Corporation, and SK Chemicals are leading manufacturers of thermoplastic copolyester elastomers.

Thermoplastic Copolyester Elastomers Market

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