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
The report provides detailed profiles of the key players in the thermoplastic copolyester elastomers market.
Thorough research has been conducted on the leading players including DowDuPont Inc., Celanese Corporation, DSM Engineering Plastics, Toyobo, Teijin Industries, DIC Corporation, Mitsubishi Chemicals, Tosoh Corporation, Samyang Corporation, LG Chem. Ltd., Chang-Chung Group, SK Chemicals, and Shinkong Group.
Don't Need a Global Report?
Save 40% on Country & Region specific reports
Top players in the thermoplastic copolyester elastomers market are focusing on product differentiation and expanding production capacity. The leading players continue to focus on strengthening their position in Asia Pacific, based on the growing demand for fuel-efficient and lightweight vehicles.
The intense competition among the key players in thermoplastic copolyester elastomers market is resulting in value added product offering with increased investment in the research and development activities. DSM, DuPont, Shinkong, and Chang-Chung Group are among the leading players in thermoplastic copolyester elastomers market.
Usage of thermoplastic copolyester elastomers is growing in the automotive industry, owing to their superior physical and chemical properties. The automotive industry is using thermoplastic copolyester elastomers on a large scale to manufacture automotive parts where resistance to chemical, heat and oil is required.
Thermoplastic copolyester elastomers are finding significant applications in automotive hot charge air ducts in advanced petrol and diesel engines that need to withstand high temperatures for a very long period. Further, Constant Velocity Joint (CVJ) boots are being produced on a large scale using thermoplastic copolyester elastomers as it is subject to wide range of temperatures.
Several regulatory bodies have introduced emission standards that are accelerating the usage of low-weight material to increase fuel efficiency and high-performance in the automotive industry. This, in turn, is driving the demand for thermoplastic copolyester elastomers.
Copolyester Thermoplastic Elastomers (COPE) provide flexibility at a lower temperature, eliminating the chances of a splinter in automobile airbags. Growing emphasis on safety norms and mandates on airbags as a safety accessory are creating opportunities for stakeholders in the thermoplastic copolyester elastomers market.
The future of thermoplastic copolyester elastomers market is likely to be closely aligned with the broader trends in the automotive industry. The last couple of years have been positive for the automotive industry, with resurgence in the US well-complemented by steady sales in China and India.
More Insights, Lesser Cost (-50% off)
Insights on import/export production,
pricing analysis, and more – Only @ Fact.MR
Healthcare sector is moving away from polyvinyl chloride (PVC) and silicone rubber owing to mounting environmental and health concerns. Thermoplastic elastomers are emerging as a more sustainable alternative to thermoset rubber owing to their recyclability and cost-efficiency.
TPEs are rapidly replacing rubber and PVC in medical devices as they are non-allergenic, thereby, eliminating concerns for individuals with latex sensitivity. These factors are fuelling adoption of TPEs in dental, surgical, and medical applications.
With technological advancements, TPEs have gained increased acceptance and improved performance in the medical sector.
Overmolding, along with other technological advances, is creating opportunities for thermoplastic elastomers in healthcare applications including syringe plungers, orthopedics, face masks, needle shields, breathable bags, and other home-use medical devices.
Additionally, thermoplastic copolyester elastomers (TPC) have resistance to oil and chemicals, this has increased its utility in various industries including the medical sector. This is leading to the drastic shift towards replacing PVC with thermoplastic copolyester elastomers.
Meanwhile, ongoing research and development on thermoplastic copolyester elastomers in the medical sector is likely to open avenues for TPC.
Volatility in raw material prices is likely to adversely affect the thermoplastic copolyester elastomers market in the future.
This is likely to make it difficult for manufacturers to maintain regular supply for use in various industries. Fluctuating price structure of crude oil is directly impacting the overall production cost of the thermoplastic copolyester elastomers.
Variation in the exchange rate of key producers and exporters dealing in thermoplastic copolyester elastomers is also significantly impacting the development of the product. Rising crude oil prices are also likely to increase petrochemical costs along with the market price for plastic and other downstream chemicals.
Product commoditization is also another major challenge in thermoplastic copolyester elastomers market. Commoditization of thermoplastic elastomer is escalating price competition among the market players, resulting in a decline in the profits.
Moreover, the price pressure is likely to worsen in coming years owing to the rising preference for establishing global supplier relationship by end users. This will provide end use industries with better bargaining power.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
The thermoplastic copolyester elastomers, also known as TPCs and COPE, are a type of thermoplastic elastomers. Thermoplastic copolyester elastomers are used in modifying the properties of rigid thermoplastics.
These elastomers consist of polymers that are cross-linked materials made of elastomers and thermoplastic. Thermoplastic copolyester elastomers are replacing other materials such as general rubbers and metals in various industries.
The report on the thermoplastic copolyester elastomers market offers actionable and valuable insights on the market along with the historical data and forecast. The report also covers important factors impacting the growth of the thermoplastic copolyester elastomers market.
Market dynamics including drivers, key trends, growth opportunities, and challenges are also highlighted in the report on thermoplastic copolyester elastomers market.
The market overview is also provided on the thermoplastic copolyester elastomers market from the perspective of key regions and countries. The study also includes details on the key players in the thermoplastic copolyester elastomers market.
The report offers a segment-wise analysis of the thermoplastic copolyester elastomers market to identify growth opportunities across various regions.
The report on the thermoplastic copolyester elastomers market is segmented on the basis of the application. This segment is further divided into sub-segments to provide a better understanding of the market.
On the basis of the application, the market is segmented into Automotive Air Ducts, CVJ Boots, Medical, Electrical (wires & cables), Consumer goods, Industrial, and Other application.
Along with the key insights on the thermoplastic copolyester elastomers market, the report also provides answers to some important questions.
The report on the thermoplastic copolyester elastomers market is based on the extensive research methodology to offer insights and forecast on the market.
Analysts employ both primary as well as secondary research methodologies to provide details on the market size along with the competitive landscape in the thermoplastic copolyester elastomers market.
The bottom-up and top-down approaches were also used to obtain information on the thermoplastic copolyester elastomers market. The interviews were also conducted with industry experts and various market participants including service providers, vendors, and distributors.
The information collected on the market through various data sources is also cross-checked and verified through valid data sources. Future prospects in the market are also discussed in the report to help leading players in thermoplastic copolyester elastomers market plan growth strategies.
- Premium Report Details -
- Let's Connect -
- Quick Contact -
- Get Started -
Get insights that lead to new growth opportunitiesBuy Now
Get A Special pricing for start-ups and universitiesEnquiry Before Buying
- Humble, Yet Honored -
- Related Reports -
Some of the key players in global market are Entec Polymers ,F.TER. S.r.l ,DSM ,Radici Partecipazioni SpA ,DuPont de Nemours, Inc. ,PolyOne ,Trinseo ,Eastman Chemical Company and many more.
The Global Market For Thermoplastic Copolyester Elastomers Is Anticipated To Grow At A Value CAGR Of 4.5% During The Forecast Period.
Need An Exclusive Report For Your Unique Requirement?