Press release
Thermoplastic Copolyester Elastomers Market Expected to Deliver Dynamic Progression until 2027 | Key Players are DowDuPont Inc., Celanese Corporation, DSM Engineering Plastics, Toyobo, etc.
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Notable Developments
In 2017, Mitsubishi Chemical Corporation developed a new grade of thermoplastic copolyester elastomer (TPC) known as TEFABLOC™, providing scratch and oil resistance. The company also begun production of styrenic thermoplastic elastomer (TPS) at Mitsubishi Chemical Performance Polymers (Thailand) Co., Ltd in 2018.
Kidman Resources has signed an agreement with LG Chem Ltd. to supply lithium hydroxide. Kidman will supply 12,000 tons of lithium hydroxide a year to various chemicals companies for 10 years.
DowDuPont Transportation & Advanced Polymers is planning to increase production capacity at Shenzhen site. DowDuPont Specialty Products Division is also likely to invest nearly $42 million to install three new production lines, expected to be operational by the end of 2019.
LG Chem is planning to build a new facility for electric vehicle battery in Nanjing in China by 2020. The company also plans to invest around 2 trillion South Korean won on second car battery plant in China with production likely to begin in 2019.
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.
Top 5 Players Account for Over 50% Share in Thermoplastic Copolyester Elastomers Market
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.
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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.
Market Structure
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.
Additional Questions Answered
Along with the key insights on the thermoplastic copolyester elastomers market, the report also provides answers to some important questions.
Which region is likely to account for the highest market share in thermoplastic copolyester elastomers market?
What will be the revenue share of automotive air ducts in the thermoplastic copolyester elastomers market?
What factors are expected to impact the growth in the thermoplastic copolyester elastomers market?
What will be the market share of the medical sector in thermoplastic copolyester elastomers market?
Research Methodology
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.
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