Thermoplastic Polyester Market Outline, Surge and Forecast by Key Players 2028

Quince market insights in their latest report on Global Thermoplastic Polyester Market expects the market to reach USD XX billion by 2028, growing at a CAGR of XX% during the forecast period.

The thermoplastic polyesters are also known engineering plastics. They have enhanced mechanical properties, excellent abrasion-resistance, low-temperature flexibility, and excellent chemical resistance. They have a low density as compared to steel & hence it is very light-weighted. Hence they are used as substitutes for steel. The automotive industry is the principal end user of thermoplastic polyester.

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What are Thermoplastic polyesters?

Thermoplastic polyesters are high speed & high-performance materials that are used in the manufacturing of various automotive parts. They include high-quality automotive instrument panels, wheel covers, dashboard components, pillar trim, door liners and handles, seatbacks, and seat belt components, among others. These materials are highly durable, corrosion-resistant, resilient, light weighted and low costing, all these help in reinforcing an automotive by reducing overall weight, increasing fuel efficiency and reducing strain upon the engine. In the electronics industry, these materials are due to protective casings for highly fragile electronic components & devices. Properties such as high electrical resistance & low thermal conduction make them excellent protective & isolation materials against heat and electricity. Asia Pacific region is the biggest contributor to the thermoplastic polyester market owing to increased demand in the automotive industry, rapid urbanization & increasing disposable incomes. The Asia Pacific accounts major share of the global thermoplastic polyester market, followed by North America and Europe respectively, in 2018. The North American and European markets are also poised to show tremendous growth in the thermoplastic polyester market due to increasing demand in electronics industry & industrial applications. The Middle East is still an emerging player in the thermoplastic polyester market.

Causes of Growth of Thermoplastic Polyester Market:
o Increasing demand in the automotive industry.
o Increasing demand due to availability of bio-based thermoplastic polyesters.
o Low cost of manufacturing.

Activities by top companies in the thermoplastic polyester market: DuPont emerges as a strong market player.

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On November 8th 2018, DuPont announced investment of more than $80 million to build a new manufacturing facility in Zhangjiagang, Jiangsu Province in East China. The new facility will produce compounded high-end engineering plastics to serve customers in transportation, electronics, industrial and consumer products markets. The planned site is expected to become operational in 2020 with expansion through 2023.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1.DuPont Plastics
2.Polymers & Resins
3.Eastman Chemical Company
4.Teknor Apex Company
5.BASF SE
6.Covestro
7.Mitsui Chemicals
8.SABIC
9.Kraton Polymers LLC
10.Polyplastics USA, Inc.
11.Dow Chemical Co.
12.Celanese Corporation
13.Sartomer USA, LLC
14.Saint-Gobain Innovative Materials
15.and Henkel Corporation.

Reasons to Buy This Report:
o Market size estimation of the global thermoplastic polyester market on regional and global basis.
o Unique research design for market size estimation and forecast.
o Profiling of major companies operating in the thermoplastic polyester market with key developments.
o Broad scope to cover all the possible segments helping every stakeholder in the thermoplastic polyester market.

In 2003, DuPont Engineering Polymers acquired the high-performance crystalline plastics business from Eastman Chemical Company. The business includes Eastman's Titan? LCP, a liquid crystal polymer, Thermx PCT, a family of polycyclohexylene dimethyl terephthalate products and Thermx EG series of reinforced PET thermoplastic polyester resins used in automotive, electrical/electronics and other industries.

Market Segmentation:
o By Type:
o Polyethylene Terephthalate
o Polybutylene Terephthalate
o PEBT
o By Grade:
o Non-Reinforced
o Glass Reinforced
o Flame Retardant
o High Flow
o By Application:
o Automotive Instrument Panels
o Wheel Covers
o Dashboard Components
o Pillar Trim
o Door Liners & Handles
o Seat Backs
o Seat Belt Components
o By End User:
o Automotive
o Electrical & Electronics
o Industrial
o Others
o By Region:
o North America
? By Country (US, Canada, Mexico)
? By Type
? By Grade
? By Application
? By End User
o Western Europe
? By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
? By Type
? By Grade
? By Application
? By End User
o Eastern Europe
? By Country (Russia, Turkey, Rest of Eastern Europe)
? By Type
? By Grade
? By Application
? By End User
o Asia Pacific
? By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
? By Type
? By Grade
? By Application
? By End User
o Middle East
? By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
? By Type
? By Grade
? By Application
? By End User
o Rest of the World
? By Region (South America, Africa)
? By Type
? By Grade
? By Application
? By End User

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