Copolyester Thermoplastic Elastomers (COPE) Market Size Forecast to Reach $1.5 billion by 2026

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Copolyester Thermoplastic Elastomers (COPE)
Market - Forecast(2022 - 2027)
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• Copolyester Thermoplastic Elastomers
  (COPE) Market size is forecast to reach 1.5
  billion by 2026, after growing at a CAGR 6
  during 2021-2026.
• Globally, copolyester elastomers (COPEs) have
  emerged as one of the fastest growing
  thermoplastic elastomer, as it can be easily
  processed by high-volume injection molding and
  blow molding processes. 

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• Key Takeaways
• Asia-pacific region dominated the copolyester
  thermoplastic elastomers (COPE) market due to the
  rising production of automotive and electronics
  in emerging economies such as China, India, South
  Korea, and Japan. 
• Increasing demand for copolyester thermoplastic
  elastomers (COPE) as a substitute to polyvinyl
  chloride (PVC) and silicone rubber in the
  healthcare industry applications is estimated to
  drive the growth of the market in the projected
  period.

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By Distribution Channel- Segment Analysis The
automotive sector held the largest share in
the copolyester thermoplastic elastomers
(COPE) market in 2020 and is projected to grow at
a CAGR of 5 during the forecast period
2021-2026. Owing to the exceptional physical and
chemical qualities, thermoplastic copolyester
elastomers are widely used in the automotive
sector. Also, the automobile industry uses
thermoplastic copolyester elastomers extensively
in the production of automobile parts that need
chemical, heat, and oil resistance. 
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• Copolyester Thermoplastic Elastomers
  (COPE) Market Industry Outlook 
• BASF SE
• Bayer Ag
• Dow Chemicals
• China Petroleum and Chemical Corporation
• DuPont
• LG Chem Ltd.
• Huntsman Corporation
• Mitsubishi Chemical Holdings

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Copolyester Thermoplastic Elastomers (COPE)
Market - Forecast(2022 - 2027) Learn More About
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