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Thermoplastic Polyesters Market: By Type, By Grade, By Application, By End User and Geography
Thermoplastic Polyesters Market: By Type, By Grade, By Application, By End User and Geography
Thermoplastic Polyesters Market size was valued at US$ 3.2 billion in 2022 and is poised to grow at a CAGR of 5.9% from 2023-2029. The global market report provides a thorough overview of the market, which can be segmented by Type, Grade, Application, End User, and Geography. Based on the type, the Thermoplastic Polyesters Market is segmented into Polyethylene Terephthalate, Polybutylene Terephthalate, and PEBT. Polyethylene terephthalate (PET), the most commonly used polyester, is a synthetic polymer composed of pure terephthalic acid (PTA) or its dimethyl ester dimethyl terephthalate (DMT) and monoethylene glycol (MEG) is expected to grow the most in the forecast period. Based on Grade, the segment has been segregated into non-reinforced, glass-reinforced, flame-retardant, and high flow. The non-reinforced segment is expected to witness the biggest growth in the forecast period owing to its characteristics like resistance to aging, high tensile strength & elongation, resistance to natural aggressive mediums in groundwater and soil, etc.Based on Application, the Thermoplastic Polyesters Market is segmented into Automotive Instrument Panels, Wheel Covers, Dashboard Components, Pillar Trim, Door Liners & Handles, Seat Backs, and Seat Belt Components. The instrument panels, dashboard components, and door liners & handles segment is expected to witness the most increase in the application of thermoplastic polyester. Based on the End User, the thermoplastic polyesters market is segmented into Automotive, Electrical & Electronics, Industrial, and Others. The automotive and electric sector is expected to increase their market share in the forecast period due to an increase in demand for fire retardant and reinforced thermoplastic polymers.
Thermoplastic Polyesters Market Key Development:
Study Period
2024-2030Base Year
2023CAGR
5.9%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
TPEE is in high demand for electronic housings, connections, electronic devices, and gadgets, among other uses. The industry is rapidly expanding in the United States as a result of the growing preference for lightweight wearables and electronics, as well as technical advances that have revolutionized the landscape.
By region, during the projected period, it is expected that Europe will continue to lead the worldwide Thermoplastic Polyesters Market. The region's market is expanding, which can be ascribed to the extensive increase in demand for recycled PET products. The Asia-Pacific region is expected to witness the fastest growth.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2022 |
US$ 3.2 billion |
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Market CAGR |
5.9% |
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By Type |
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By Grade |
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By Application |
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By End User |
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By Region |
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Download Free Sample Report
The thermoplastic polyesters market size was valued at US$ 3.2 billion in 2022.
The key segments covered in the restless leg’s syndrome market are technology, components, application, and end-users.
The thermoplastic polyesters market key players BASF, TORAY, DuPont, DSM, Toyobo, Taiwan Changchun, iangyin Hetron, Mitsubishi Chemical, SK Chemicals, LG Chem, SABIC, Eastman
| 1.Executive Summary |
| 2.Global Thermoplastic Polyesters Market Introduction |
| 2.1.Global Thermoplastic Polyesters Market - Taxonomy |
| 2.2.Global Thermoplastic Polyesters Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Grade |
| 2.2.3.Application |
| 2.2.4.End User |
| 2.2.5.Region |
| 3.Global Thermoplastic Polyesters Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Thermoplastic Polyesters Market Analysis, 2018 - 2022 and Forecast 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Thermoplastic Polyesters Market By Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 5.1. Polyethylene Terephthalate |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Polybutylene Terephthalate |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. PEBT |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6.Global Thermoplastic Polyesters Market By Grade, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 6.1. Non-Reinforced |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Glass Reinforced |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Flame Retardant |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. High Flow |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Thermoplastic Polyesters Market By Application, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 7.1. Automotive Instrument Panels |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Wheel Covers |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Dashboard Components |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Pillar Trim |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Door Liners & Handles |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Seat Backs |
| 7.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Seat Belt Components |
| 7.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8.Global Thermoplastic Polyesters Market By End User, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 8.1. Automotive |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Electrical & Electronics |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Industrial |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Others |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9.Global Thermoplastic Polyesters Market By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 9.1. North America |
| 9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. Europe |
| 9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Asia Pacific (APAC) |
| 9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Middle East and Africa (MEA) |
| 9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Latin America |
| 9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.North America Thermoplastic Polyesters Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 10.1. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Polyethylene Terephthalate |
| 10.1.2.Polybutylene Terephthalate |
| 10.1.3.PEBT |
| 10.2. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Non-Reinforced |
| 10.2.2.Glass Reinforced |
| 10.2.3.Flame Retardant |
| 10.2.4.High Flow |
| 10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Automotive Instrument Panels |
| 10.3.2.Wheel Covers |
| 10.3.3.Dashboard Components |
| 10.3.4.Pillar Trim |
| 10.3.5.Door Liners & Handles |
| 10.3.6.Seat Backs |
| 10.3.7.Seat Belt Components |
| 10.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Automotive |
| 10.4.2.Electrical & Electronics |
| 10.4.3.Industrial |
| 10.4.4.Others |
| 10.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.5.1.United States of America (USA) |
| 10.5.2.Canada |
| 11.Europe Thermoplastic Polyesters Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Polyethylene Terephthalate |
| 11.1.2.Polybutylene Terephthalate |
| 11.1.3.PEBT |
| 11.2. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Non-Reinforced |
| 11.2.2.Glass Reinforced |
| 11.2.3.Flame Retardant |
| 11.2.4.High Flow |
| 11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Automotive Instrument Panels |
| 11.3.2.Wheel Covers |
| 11.3.3.Dashboard Components |
| 11.3.4.Pillar Trim |
| 11.3.5.Door Liners & Handles |
| 11.3.6.Seat Backs |
| 11.3.7.Seat Belt Components |
| 11.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Automotive |
| 11.4.2.Electrical & Electronics |
| 11.4.3.Industrial |
| 11.4.4.Others |
| 11.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.5.1.Germany |
| 11.5.2.France |
| 11.5.3.Italy |
| 11.5.4.United Kingdom (UK) |
| 11.5.5.Spain |
| 11.5.6.Rest of EU |
| 12.Asia Pacific (APAC) Thermoplastic Polyesters Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Polyethylene Terephthalate |
| 12.1.2.Polybutylene Terephthalate |
| 12.1.3.PEBT |
| 12.2. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Non-Reinforced |
| 12.2.2.Glass Reinforced |
| 12.2.3.Flame Retardant |
| 12.2.4.High Flow |
| 12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Automotive Instrument Panels |
| 12.3.2.Wheel Covers |
| 12.3.3.Dashboard Components |
| 12.3.4.Pillar Trim |
| 12.3.5.Door Liners & Handles |
| 12.3.6.Seat Backs |
| 12.3.7.Seat Belt Components |
| 12.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Automotive |
| 12.4.2.Electrical & Electronics |
| 12.4.3.Industrial |
| 12.4.4.Others |
| 12.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.5.1.China |
| 12.5.2.India |
| 12.5.3.Australia and New Zealand (ANZ) |
| 12.5.4.Japan |
| 12.5.5.Rest of APAC |
| 13.Middle East and Africa (MEA) Thermoplastic Polyesters Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Polyethylene Terephthalate |
| 13.1.2.Polybutylene Terephthalate |
| 13.1.3.PEBT |
| 13.2. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Non-Reinforced |
| 13.2.2.Glass Reinforced |
| 13.2.3.Flame Retardant |
| 13.2.4.High Flow |
| 13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Automotive Instrument Panels |
| 13.3.2.Wheel Covers |
| 13.3.3.Dashboard Components |
| 13.3.4.Pillar Trim |
| 13.3.5.Door Liners & Handles |
| 13.3.6.Seat Backs |
| 13.3.7.Seat Belt Components |
| 13.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Automotive |
| 13.4.2.Electrical & Electronics |
| 13.4.3.Industrial |
| 13.4.4.Others |
| 13.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.5.1.GCC Countries |
| 13.5.2.South Africa |
| 13.5.3.Rest of MEA |
| 14.Latin America Thermoplastic Polyesters Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million) |
| 14.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Polyethylene Terephthalate |
| 14.1.2.Polybutylene Terephthalate |
| 14.1.3.PEBT |
| 14.2. Grade Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Non-Reinforced |
| 14.2.2.Glass Reinforced |
| 14.2.3.Flame Retardant |
| 14.2.4.High Flow |
| 14.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Automotive Instrument Panels |
| 14.3.2.Wheel Covers |
| 14.3.3.Dashboard Components |
| 14.3.4.Pillar Trim |
| 14.3.5.Door Liners & Handles |
| 14.3.6.Seat Backs |
| 14.3.7.Seat Belt Components |
| 14.4. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Automotive |
| 14.4.2.Electrical & Electronics |
| 14.4.3.Industrial |
| 14.4.4.Others |
| 14.5. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.5.1.Brazil |
| 14.5.2.Mexico |
| 14.5.3.Rest of LA |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.BASF |
| 15.2.2.TORAY |
| 15.2.3.DuPont |
| 15.2.4.DSM |
| 15.2.5.Toyobo |
| 15.2.6.Taiwan Changchun |
| 15.2.7.iangyin Hetron |
| 15.2.8.Mitsubishi Chemical |
| 15.2.9.SK Chemicals |
| 15.2.10.LG Chem |
| 15.2.11.SABIC |
| 15.2.12.Eastman |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.