The global Thermoplastic Polyester Elastomer market size is projected to reach USD 1.94 billion by 2029
Published Date: Thursday,22 Feb,2024
Thermoplastic Polyester Elastomer
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.
According to the new market research report “Global Thermoplastic Polyester Elastomer Market Report 2023-2029”, published by GlobalInfoResearch, the global Thermoplastic Polyester Elastomer market size is projected to reach USD 1.94 billion by 2029, at a CAGR of 6.2% during the forecast period.
- Global Thermoplastic Polyester Elastomer MarketSize(US$ Million), 2018-2029
Source: GlobalInfoResearch, “Global Thermoplastic Polyester Elastomer Market 2023 by Manufacturers, Regions, Type and Thermoplastic Polyester Elastomer, Forecast to 2029”.
- Global Thermoplastic Polyester Elastomer Top12Players Ranking and Market Share(Based on data of 2021, Continually updated)
Source: GlobalInfoResearch, “Global Thermoplastic Polyester Elastomer Market 2023 by Manufacturers, Regions, Type and Thermoplastic Polyester Elastomer, Forecast to 2029”.
The global key manufacturers of Thermoplastic Polyester Elastomer include DuPont, DSM, Toyobo, SK Chemicals, Celanese, LG Chem, Jiangyin Hetron, Mitsubishi Chemical, SABIC, Eastman, etc. In 2021, the global top five players had a share approximately 85.0% in terms of revenue.
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