Thermoplastic Copolyester (TPC) Elastomers Market Research Report, 2005-2025

Thermoplastic Elastomers (TPE) are versatile class of plastics exhibiting properties of both plastic and rubber. With its exceptional physical, mechanical and dynamic properties Thermoplastic Copolyesters (TPCs) have increasingly solidified their place as substitutes for metals and rubbers in many high strength applications. TPCs possess thermoplastic behavior with structural strength showing high resistance to impact and flex fatigue. These properties make thermoplastic copolyester elastomers suitable for various precision applications. It is used to make constant velocity joint (CVJ) boots, oil & gas cap seals, air ducts, gears, sporting goods, etc. TPC has a wide spectrum of applications in automotive, industrial, medical, consumer products, wires & cable and other emerging applications.

The global demand for thermoplastic copolyester is anticipated to be around 4.5% between 2018 and 2025. As of 2017, North America and Asia-Pacific together constituted the largest regional demand accounting for around 72% of the market.
The TPC demand in Western Europe is forecast to grow at a CAGR of 4.3% between 2018 and 2025. In 2016, automotive applications in Western Europe constituted the largest demand for TPC accounting for around 50% of the regional demand. DuPont, DSM and P.Group are the major producers of TPC in Europe and together account for a share of 87% in the region.

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For further market information on TPC or other thermoplastic elastomer you can write to info@prismaneconsulting.com

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This release was published on openPR.