Industry Growth Opportunities in Thermoplastic Polyester Elastomer (TPE-E) Market Delivered Latest Report 2023 with Global Key Players - BASF SE, Covestro, Dow, Dupont, Mitsui Chemicals, SABIC

Marketprognosis.com Publish a New Market Research Report On “Thermoplastic Polyester Elastomer (TPE-E) Market - Segmented by Type, End-user Industry, and Geography – Growth, Trends, and Forecast (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Thermoplastic Polyester Elastomer (TPE-E) Market:

The Global Thermoplastic Polyester Elastomer (TPE-E) Market is expected to register a moderate growth during the forecast period, 2018 to 2023. Asia-Pacific is dominating the market, accounting for more than 35% of the global market, followed by North America and Europe respectively, in 2017.

The bio-based thermoplastic elastomers offer same benefits and performance as that of conventional petroleum-based TPE-E products; enhanced mechanical properties, excellent abrasion-resistance, low temperature flexibility and excellent chemical resistance. These TPE-Es are also of low-density, thereby, providing electronic component manufacturers with lightweight materials. The usage of bio-based TPE-Es is increasing in numerous end-user industries, such as electronics, consumer goods, automotive, etc. Hence, the demand for TPE-Es is expected to increase during the forecast period.

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Thermoplastic polyester elastomers (TPE-E) are high-performance materials, whose application in the automotive industry is rapidly increasing in recent times. TPE-Es serve the automotive industry in several of applications, some of which include manufacturing of high-quality automotive instrument panels, wheel covers, dashboard components, pillar trim, door liners and handles, seat backs, and seat belt components, among others. TPE-Es are not only cheaper than metals, but also help to make automobiles energy-efficient by reducing weight, and also providing durability, corrosion resistance, toughness, design flexibility, resiliency and high-performance at low-cost. These properties are fueling the demand for TPE-Es in automotive industry, which is driving the market during the forecast period.

Asia-Pacific holds the largest demand for TPE-Es in the global market in 2017. China is the leading market regarding consumption of TPE-E in the construction, automotive, electrical & electronics, and healthcare industries. The construction industry in China is closely linked to domestic urbanization efforts and economic development. Additionally, China’s electrical & electronics industry has recorded stupendous growth during the recent decade primarily due to the burgeoning demand from consumer/house hold electronic appliances, which is fueling the demand for TPE-E during the forecast period.

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Major Key Players:

1 BASF SE

2 Covestro

3 Dow

4 Dupont

5 Mitsui Chemicals

6 SABIC and More………………….

This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What is driving this market?

4 What are the challenges to market growth?

5 Who are the key vendors in this market space?

6 What are the market opportunities and threats faced by the key vendors?

7 What are the strengths and weaknesses of the key vendors?

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In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Thermoplastic Polyester Elastomer (TPE-E) Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Market Insights

4 Market Dynamics

5 Market Segmentation and Analysis (Growth, Size, and Forecast)

6 Regional Market Analysis (Market Size, Growth, and Forecast)

7 Competitive Landscape

8 Company Profiles

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This release was published on openPR.