Title: Copolyester Thermoplastic Elastomers (COPE) Market - Forecast(2022 - 2027)
1Copolyester Thermoplastic Elastomers (COPE)
MarketMarket size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021 - 2026
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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. - The shifting trend towards the adoption and
substitution of metals, synthetic rubbers, and
polymers that are harmful to the environment has
further raised the growth of the market.
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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 Hose
and tubing held the largest share in
the copolyester thermoplastic elastomers
(COPE) market in 2020. Copolyester thermoplastic
hoses are commonly utilized in medium-to-high
pressure hydraulic applications and are prevalent
in both mobile and industrial equipment. Several
factors such as pressure capability, temperature
operating range, abrasion resistance, and the
ability to withstand attack from chemicals,
solvents, cleaning fluids, saltwater, ozone and
UV radiation, are considered while the production
of hose and tubing from copolyester thermoplastic
elastomers.
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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 Corporation
- Lubrizol
- Evonik Industries AG
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Copolyester Thermoplastic Elastomers (COPE)
Market Forecast (2022 - 2027) Learn More
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