Market Overview:
The global polyether ester TPE market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for polyether ester TPEs from various end-use industries, such as industrial, consumer goods, construction, and medical. Polyether ester TPEs are used in a wide range of applications owing to their properties such as high thermal stability, good chemical resistance, and low smoke generation. These factors are driving the demand for polyether ester TPEs in various end-use industries across the globe. In terms of type, the global polyether ester TPE market is segmented into two categories: polyester type and polyether type. Thepolyester type segment dominates this market due to its superior properties compared with other types of TPES available in the market. In terms of application,theglobalpoly ether estertpemarketis divided into five segments: industrial use; consumer goods; construction; medical use; and others (including automotive parts).
Product Definition:
Polyether ester TPE is an engineering thermoplastic elastomer with excellent resistance to oils and chemicals. It can be used for a variety of applications, such as seals, gaskets, hoses, tubing, and bearings.
Polyester Type:
Polyester type is a synthetic fiber, which is produced by the polymerization of ethylene. Polyester has high tensile strength and abrasion resistance. It also has good chemical resistance and heat stability. Polyesters are used in various industries including textiles, home furnishings, apparel & accessories, automotive fabrics among others owing to its properties such as quick-drying fabric that retains shape even after washing and excellent elasticity & recovery from breakage or strain.
Polyether Type:
Polyether ester TPE is a synthetic rubber-like material that contains polyether as the main chain. It has excellent properties such as low-temperature flexibility, high strength, and good chemical resistance.
Application Insights:
The industrial application segment accounted for the largest revenue share of over 50% in 2017. The product is widely used in applications, such as pipes and gaskets, hoses and tubing, footwear soles and heels, automotive interiors trim components (trims), household appliances (microwaveable food containers), medical devices & equipment (disposable gloves) among others.
The construction industry is expected to emerge as the fastest growing application segment with a CAGR of XX% from 2018 to 2030 owing to increasing use polyether ester TPE products in construction applications including window & door seals weather stripping doors jamb liners building insulation roofing membranes decking sealant flooring membranes among others.
Polyether ester TPEs are also witnessing significant demand from other end-use industries including consumer goods packaging medicine.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries such as industrial, construction, consumer goods, and others. China is one of the largest producers and consumers of TPE products in this region owing to easy availability of raw materials coupled with low manufacturing cost as compared to other countries.
Europe Polyether Ester TPE Market accounted for a significant share due to high demand from automotive industry for interior applications along with growing use in medical devices & packaging applications.
Growth Factors:
- Increasing demand from automotive industry: Polyether ester TPE is used in various applications in the automotive industry such as door seals, weather-strips, hoses, gaskets and air intake systems. The increasing demand for automobiles across the globe is expected to drive the growth of the polyether ester TPE market during the forecast period.
- Rising demand from electrical and electronics industry: Polyether ester TPE is used in various applications in the electrical and electronics industry such as insulation tapes, connectors, cable sheathing and wire coatings. The rising demand for electrical and electronic products across the globe is expected to drive the growth of polyether ester TPE market duringthe forecast period.
- Growing construction activities: Polyether ester TPE is used in various applications in construction industries such as sealants tapes, caulks & adhesivesmortars & groutsand flooring systems .The growing construction activities across different regions are expected to propelthegrowth ofpoly etheresterTPEmarketduringtheforecastperiod . 4) Rising disposable income levels: The rising disposable income levels of consumers across different regions are anticipated to boostthegrowthofthepoly etheresterTPEmarketduringthelastsixyears . 5) Technological advancements: There has been a significant technological advancement innon-toxicandenvironmentallyfriendlyTPEsinthelastfewyearswhichisexpectedtocontinueinthelongrun Thiswillresult
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyether Ester TPE Market Research Report
By Type
Polyester Type, Polyether Type
By Application
Industrial, Consumer Goods, Construction, Medicine, Others
By Companies
BASF, Kuraray, PolyOne, Arkema, Mitsubishi Chemical, American Polyfilm, API Plastics, Huntsman Corporation, Covestro, Hexpol, Wanhua Chemical Group, The Lubrizol Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Polyether Ester TPE Market Report Segments:
The global Polyether Ester TPE market is segmented on the basis of:
Types
Polyester Type, Polyether Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial, Consumer Goods, Construction, Medicine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- Kuraray
- PolyOne
- Arkema
- Mitsubishi Chemical
- American Polyfilm
- API Plastics
- Huntsman Corporation
- Covestro
- Hexpol
- Wanhua Chemical Group
- The Lubrizol Corporation
Highlights of The Polyether Ester TPE Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polyester Type
- Polyether Type
- By Application:
- Industrial
- Consumer Goods
- Construction
- Medicine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Polyether Ester TPE Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Polyether ester TPE is a type of thermoplastic elastomer that is made from polyethylene glycol and ethylene oxide. It has a low molecular weight, which makes it strong and durable, but also makes it difficult to process. Polyether ester TPE is often used in products that need to be resistant to heat and water, such as contact lenses or medical devices.
Some of the major companies in the polyether ester tpe market are BASF, Kuraray, PolyOne, Arkema, Mitsubishi Chemical, American Polyfilm, API Plastics, Huntsman Corporation, Covestro, Hexpol, Wanhua Chemical Group, The Lubrizol Corporation.
The polyether ester tpe market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Polyether Ester TPE Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Polyether Ester TPE Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polyether Ester TPE Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Polyether Ester TPE Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Polyether Ester TPE Market Size & Forecast, 2020-2028
4.5.1 Polyether Ester TPE Market Size and Y-o-Y Growth
4.5.2 Polyether Ester TPE Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Polyester Type
5.2.2 Polyether Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Consumer Goods
6.2.3 Construction
6.2.4 Medicine
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polyether Ester TPE Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Polyether Ester TPE Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Polyester Type
9.6.2 Polyether Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Consumer Goods
9.10.3 Construction
9.10.4 Medicine
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Polyester Type
10.6.2 Polyether Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Consumer Goods
10.10.3 Construction
10.10.4 Medicine
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Polyester Type
11.6.2 Polyether Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Consumer Goods
11.10.3 Construction
11.10.4 Medicine
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Polyester Type
12.6.2 Polyether Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Consumer Goods
12.10.3 Construction
12.10.4 Medicine
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Polyester Type
13.6.2 Polyether Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Consumer Goods
13.10.3 Construction
13.10.4 Medicine
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Polyether Ester TPE Market: Competitive Dashboard
14.2 Global Polyether Ester TPE Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 Kuraray
14.3.3 PolyOne
14.3.4 Arkema
14.3.5 Mitsubishi Chemical
14.3.6 American Polyfilm
14.3.7 API Plastics
14.3.8 Huntsman Corporation
14.3.9 Covestro
14.3.10 Hexpol
14.3.11 Wanhua Chemical Group
14.3.12 The Lubrizol Corporation
