Lucintel’s latest market report analyzed that thermoplastic polyester elastomer provides attractive opportunities in the automotive, electrical & electronic, industrial, medical, and consumer goods sectors. The thermoplastic polyester elastomer market is expected to reach $16.9 billion by 2028 with a CAGR of 6%. In this market, injection molding grade is the largest segment by type, whereas automotive is largest by end use.
Based on type, the thermoplastic polyester elastomer market is segmented into njection molding grade, extrusion molding grade, and blow molding grade. The injection molding grade segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as it can be easily recycled and remolded without negatively affecting its physical properties, thus making it an ideal material for injection molding.
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The Thermoplastic Polyester Elastomer Market is marked by the presence of several big and small players. Some of the prominent players offering thermoplastic polyester elastomer include SABIC, DuPont, Teijin Plastics, BASF SE, Entec Polymers, Covestro, Celanese Corporation, LG Chemicals, Mitsubishi Engineering Plastics Corp, and Arkema.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link firstname.lastname@example.org.
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