Global Thermoplastic Copolyesters Market Research Report, 2005-2025

Global Thermoplastic Copolyesters Market Research Report, 2005-2025

Thermoplastic Elastomers (TPE) are versatile class of plasticsexhibiting properties of both plastic and rubber. With its exceptionalphysical, mechanical and dynamic properties Thermoplastic Copolyesters (TPCs)have increasingly solidified their place as substitutes for metals and rubbersin many high strength applications. TPCs possess thermoplastic behavior withstructural strength showing high resistance to impact and flex fatigue. Theseproperties make thermoplastic copolyester elastomers suitable for variousprecision applications. It is used to make constant velocity joint (CVJ) boots,oil & gas cap seals, air ducts, gears, sporting goods, etc. TPC has a widespectrum of applications in automotive, industrial, medical, consumer products,wires & cable and other emerging applications.

The global demand for thermoplastic copolyester is anticipated tobe around 4.5% between 2018 and 2025. As of 2017, North America andAsia-Pacific together constituted the largest regional demand accountingfor around 72% of the TPC market.

The TPC demand in Western Europe is forecast to grow at a CAGR of 4.3% between2018 and 2025. In 2016, automotive applications in Western Europe constitutedthe largest demand for TPC accounting for around 50% of the regional demand. DuPont, DSM and P.Group are the major producers of TPC in Europe and togetheraccount for a share of 87% in the region.

WesternEurope TPC Scenario

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