Thermoplastic Polyester Elastomer (TPEE) Market: Competitive Dynamics & Global Outlook 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Thermoplastic Polyester Elastomer (TPEE) market.

Thermoplastic Polyester Elastomer (TPEE) is a block copolymer who contains a hard segment of polyester and a soft segment of polyether; wherein the amorphous is formed from the soft segment of polyether and the uncrystallized polyester. Micro-crystals play a role as physical crosslinking points formed from the hard segment of the polyester. Thermoplastic polyester elastomer has the rubber elasticity and strength of engineering plastics. Soft segment gives it flexibility to make it like rubber; hard segment assigns the processing properties which makes it like plastic. Compared with rubber, it has a better processing performance and longer life; and the same high strength characteristics compared to plastic, while the flexibility and dynamic mechanical properties is better.

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Global Thermoplastic Polyester Elastomer (TPEE) Market: Forecast by Type / Application / Region

Due to its distinctive flexibility and high abrasion resistance, TPEE has been widely used in auto industry, electric & electronic industry well other industries. Among those applications, demand from automotive industry accounted for the largest consumption proportion, which was 45.01% in 2016.

As for consumption, North America, Asia-Pacific and Europe are the major consumers. The three regions consumed about 90.62% TPEE in 2016. In addition, since China has become the largest producer of automobile while the industry is the largest consumer of TPEE, the TPEE demand growth rate in the country is relatively higher than other countries.

Considering the current status, information revealed that the thermoplastic polyester elastomer market will keep upward tendency in the coming years. With more and more companies entering the TPEE market, it is estimated that the industry will face fiercer competition with downward price trend.

Over the next five years, LPI(LP Information) projects that Thermoplastic Polyester Elastomer (TPEE) will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.

Global Thermoplastic Polyester Elastomer (TPEE) Market: Key Players
DuPont
DSM
TOYOBO
Taiwan Changchun
Celanese
SK Chemicals
LG Chem
SABIC
Mitsubishi Chemical
RadiciGroup
Sunshine Plastics

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Related Information:
United States Thermoplastic Polyester Elastomer (TPEE) Market Research Report 2018
Europe Thermoplastic Polyester Elastomer (TPEE) Market Research Report 2018
North America Thermoplastic Polyester Elastomer (TPEE) Market Research Report 2018
Asia-Pacific Thermoplastic Polyester Elastomer (TPEE) Market Research Report 2018
China Thermoplastic Polyester Elastomer (TPEE) Market Research Report 2018
EMEA Thermoplastic Polyester Elastomer (TPEE) Market Research Report 2018
Global Thermoplastic Polyester Elastomer (TPEE) Market Research Report 2018

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