Global Copolyester Elastomer Market Outlook 2022
SKU ID : QYR-19624130 | Publishing Date : 30-Nov-2021 | No. of pages : 105
Thermoplastic polyester elastomer is a physical mix of polymers which consist of materials which possess both thermoelastic and elastomeric properties. Copolyester elastomers help in increasing the fuel efficiency by reducing the overall weight of the automobiles. Thus, growing demand for fuel efficient automobiles is expected to drive the demand for these elastomers within the forecast period. These elastomers have excellent tensile strength, abrasion resistance and electrical properties. In addition, they have resistance to chemicals and oil. This increases their utility in various industries. Additionally, shift towards replacing polyvinyl chloride (PVC) with copolyester and other elastomers are expected to drive the copolyester market. However, fluctuation in the raw material prices is expected to hamper the demand for copolyester elastomer within the forecast period. Ongoing research and development on copolyester elastomers for medical applications is expected to open avenues for these elastomers.
Market Analysis and Insights: Global Copolyester Elastomer Market
The global Copolyester Elastomer market was valued at US$ million in 2020 and it is expected to reach US$ million by the end of 2027, growing at a CAGR of % during 2021-2027.
Global Copolyester Elastomer Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Copolyester Elastomer Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Industrial-Grade
Pharmaceutical-Grade
Segment by Application
Industrial
Automotive
Others
By Company
BASF
Bayer
Dow Chemicals
Kraton Polymers
Polyone
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
- By product type
- By End User/Applications
- By Technology
- By Region