Thermoplastic Polyester Market, By Type (Polyethylene Terephthalate, Polybutylene Terephthalate, PEB

Published Date: | Report Code : MT2059128

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Thermoplastic Polyester 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 Industry (Automotive, Electrical & Electronics, Industrial, Others), By Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World) – Market Size & Forecasting (2016-2028)

COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.

Domain : Materials

Report Code : MT2059128

Status : Published

The Global Thermoplastic Polyester Market is projected to reach USD XX billion by 2028, growing at a CAGR of XX% during the forecast period.

Thermoplastic Polyester Market

Thermoplastic Polyester Market

The thermoplastic polyesters are also known engineering plastics. They have enhanced mechanical properties, excellent abrasion-resistance, low-temperature flexibility, and excellent chemical resistance. They have a low density as compared to steel & hence it is very light-weighted. Hence they are used as substitutes for steel.

The automotive industry is the principal end user of thermoplastic polyester. Thermoplastic polyesters are high speed & high-performance materials that are used in the manufacturing of various automotive parts. They include high-quality automotive instrument panels, wheel covers, dashboard components, pillar trim, door liners and handles, seatbacks, and seat belt components, among others. These materials are highly durable, corrosion-resistant, resilient, light weighted and low costing, all these help in reinforcing an automotive by reducing overall weight, increasing fuel efficiency and reducing strain upon the engine. In the electronics industry, these materials are due to protective casings for highly fragile electronic components & devices. Properties such as high electrical resistance & low thermal conduction make them excellent protective & isolation materials against heat and electricity.

Asia Pacific region is the biggest contributor to the thermoplastic polyester market owing to increased demand in the automotive industry, rapid urbanization & increasing disposable incomes. The Asia Pacific accounts major share of the global thermoplastic polyester market, followed by North America and Europe respectively, in 2018. The North American and European markets are also poised to show tremendous growth in the thermoplastic polyester market due to increasing demand in electronics industry & industrial applications. The Middle East is still an emerging player in the thermoplastic polyester market.

Thermoplastic Polyester Market

Thermoplastic Polyester Market

Key Factors Impacting the Growth of Thermoplastic Polyester Market:

  • Increasing demand for the growth of the automotive industry.

  • Increasing demand due to availability of bio-based thermoplastic polyesters

  • Low cost of manufacturing.

Key Developments in the Thermoplastic Polyester Market:

  • On November 8 2018, DuPont announced investment of more than $80 million to build a new manufacturing facility in Zhangjiagang, Jiangsu Province in East China. The new facility will produce compounded high-end engineering plastics to serve customers in transportation, electronics, industrial and consumer products markets. The planned site is expected to become operational in 2020 with expansion through 2023.

  • In 2003, DuPont Engineering Polymers acquired the high-performance crystalline plastics business from Eastman Chemical Company.The business includes Eastman’s Titan® LCP, a liquid crystal polymer, Thermx PCT, a family of polycyclohexylene dimethyl terephthalate products and Thermx EG series of reinforced PET thermoplastic polyester resins used in automotive, electrical/electronics and other industries.

What Does This Report Provide?

This report provides a detailed understanding of the global thermoplastic polyester market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the thermoplastic polyester market.

Years Considered In The Study

Thermoplastic Polyester Market

Market Segmentation:

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

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Type

    • By Grade

    • By Application

    • By End User

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Type

    • By Grade

    • By Application

    • By End User

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Type

    • By Grade

    • By Application

    • By End User

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Type

    • By Grade

    • By Application

    • By End User

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Type

    • By Grade

    • By Application

    • By End User

  • Rest of the World

    • By Region (South America, Africa)

    • By Type

    • By Grade

    • By Application

    • By End User

Companies Covered: Major Companies profiled in the report which are key players in the global thermoplastic polyester market are DuPont Plastics, Polymers & Resins, Eastman Chemical Company, Teknor Apex Company, BASF SE, Covestro, Mitsui Chemicals, SABIC, Kraton Polymers LLC, Polyplastics USA, Inc., Dow Chemical Co., Celanese Corporation, Sartomer USA, LLC, Saint-Gobain Innovative Materials, and Henkel Corporation.

Reasons to Buy This Report:

  • Market size estimation of the global thermoplastic polyester market on regional and global basis.

  • Unique research design for market size estimation and forecast.

  • Profiling of major companies operating in the thermoplastic polyester market with key developments.

  • Broad scope to cover all the possible segments helping every stakeholder in the thermoplastic polyester market.

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

For more information, contact: [email protected]

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