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Thermoplastic Polyesters Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Thermoplastic Polyesters Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Thermoplastic Polyesters Market By type (Polyethylene Terephthalate, Polybutylene Terephthalate, PEBT), By Grade (Non-Reinforced, Glass Reinforced, Flame Retardant, High Flow),  By Application (Automotive Instrument Panels, Wheel Covers, Dashboard Components, Pillar Trim, Door Liners & Handles, Seat Backs, Seat Belt Components), By End User (Automotive, Electrical & Electronics, Industrial, Others)  and Geography

 

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Report

Description

Thermoplastic Polyesters Market size was valued at USD 3.2 billion in 2021, growing at a CAGR of 5.9% during the forecast period 2022 to 2028. 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.

Key Development:

In November 2022, Biotic secured €2 million in a seed round in Amsterdam, which will be used to establish a factory, optimize processes, and boost the production capacity of thermoplastics.

Thermoplastic Polyesters Market

MARKET SUMMARY
-
5.9%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5.9%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Asia Pacific

Thermoplastic Polyesters Market

  • The global thermoplastic polyesters market report gives comprehensive outlook on glycol ethers across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global thermoplastic polyesters market gives historical, current, and future market sizes (US$ Mn) on the basis of by type, grade, application, end user, and geography
Key Players
  • BASF
  • TORAY
  • DuPont
  • DSM
  • Toyobo
Thermoplastic Polyesters Market Dynamics

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.

Asia Pacific Got Significant Share

Thermoplastic Polyesters Market

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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Thermoplastic Polyesters Market Segmentation

segmentation-block-image

By Type

    • Polyethylene Terephthalate,
    • Polybutylene Terephthalate,
    • PEBT
segmentation-block-image

By Application

    • Automotive Instrument Panels,
    • Wheel Covers,
    • Dashboard Components,
    • Pillar Trim,
    • Door Liners & Handles,
    • Seat Backs,
    • Seat Belt Components
segmentation-block-image

By End User

    • Automotive,
    • Electrical & Electronics,
    • Industrial,
    • Others
Location

GEOGRAPHY

Frequently Asked Questions

Recycled PETs are experiencing the fastest increase in demand and can be presumed to  hold a considerable market share in the forecast period owing to the ease of authoritarian regulation as the thermoplastic industries are shifting to the more sustainable manufacturing procedure and products.

BASF, TORAY, DuPont, DSM, Toyobo, Taiwan Changchun, Mitsubishi Chemical, SK Chemicals, LG Chem, SABIC, Eastman.

With the shifting of the manufacturing companies towards the more sustainable manufacturing process and products which are easier to recycle the demand for recycled thermoplastics are increasing. Furthermore, advancements in thermoplastic technology also opens up new applications in different sectors. The electronics sectors is one of the major consumer of the thermoplastics. All these factors will create significant opportunities in the forecast  period.

Although the recycled PET are gaining traction, still plastics have huge impact in environment and inhuman health. The increasing awareness against the use of plastics is one of the largest restrains is expected to witness by the market. Moreover, improper plan for recycle will also impede the market in the near future.

Report

Table Of Content

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
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. Global Thermoplastic Polyesters Market Dynamic Factors – Impact Analysis
3.6. Global Thermoplastic Polyesters Market – Competition Landscape
4. Global Thermoplastic Polyesters Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Thermoplastic Polyesters Market, By Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
5.1. Polyethylene Terephthalate
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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 Forecast, By Grade, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
6.1. Non-Reinforced
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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 Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
7.1. Automotive Instrument Panels
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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 Componentss
7.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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 Forecast, By End User, 2017 – 2021 and Forecast, 2022 – 2028
8.1. Automotive
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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 Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
9.1. North America
9.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
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
9.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Thermoplastic Polyesters Market – Opportunity Analysis Index, By Type, Grade, Application, End User and Region, 2022 – 2028
10. North America Thermoplastic Polyesters Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
10.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Thermoplastic Polyesters Market – Opportunity Analysis Index, By Type, Grade, Application, End User and Country, 2022 – 2028
10.7. North America Thermoplastic Polyesters Market Dynamics – Trends
11. Europe Thermoplastic Polyesters Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
11.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Poland
11.5.8. Rest of Europe
11.6. Europe Thermoplastic Polyesters Market – Opportunity Analysis Index, By Type, Grade, Application, End User and Country, 2022 – 2028
11.7. Europe Thermoplastic Polyesters Market Dynamics – Trends
12. Asia-Pacific Thermoplastic Polyesters Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
12.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Thermoplastic Polyesters Market – Opportunity Analysis Index, By Type, Grade, Application, End User and Country, 2022 – 2028
12.7. Asia-Pacific Thermoplastic Polyesters Market Dynamics – Trends
13. Latin America Thermoplastic Polyesters Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
13.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Thermoplastic Polyesters Market – Opportunity Analysis Index, By Type, Grade, Application, End User and Country, 2022 – 2028
13.7. Latin America Thermoplastic Polyesters Market Dynamics – Trends
14. Middle East and Africa Thermoplastic Polyesters Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) (Volume, Tons)
14.1. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Thermoplastic Polyesters Market – Opportunity Analysis Index, By Type, Grade, Application, End User and Country, 2022 – 2028
14.7. MEA Thermoplastic Polyesters Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Type & Service Offerings, Key Developments, 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. Key Assumptions and Acronyms
Report

Company Profile

  • BASF
  • TORAY
  • DuPont
  • DSM
  • Toyobo
  • Taiwan Changchun
  • iangyin Hetron
  • Mitsubishi Chemical
  • SK Chemicals
  • LG Chem
  • SABIC
  • Eastman

Description

Thermoplastic Polyesters Market size was valued at USD 3.2 billion in 2021, growing at a CAGR of 5.9% during the forecast period 2022 to 2028. 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.

Key Development:

In November 2022, Biotic secured €2 million in a seed round in Amsterdam, which will be used to establish a factory, optimize processes, and boost the production capacity of thermoplastics.

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