Copolyester Thermoplastic Elastomers (COPE) Market - Forecast (2022 - 2027)

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Copolyester Thermoplastic Elastomers (COPE)
MarketMarket size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 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.
• 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.
• The rising demand for high-performance,light-weigh
  t materials such as electric cables.

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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.
• Furthermore, volatility in raw material prices
  is estimated to create hurdles for the
  global copolyester thermoplastic elastomers
  (COPE) market growth over the forecast 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. Also, the copolyester thermoplastic
elastomers used in hose and tubing also often
comprise one or two reinforcing layers to give
the necessary strength and pressure-holding
capacity.
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• Copolyester Thermoplastic Elastomers (COPE)
  Market Outlook 
• BASF SE
• Bayer Ag
• Dow Chemicals
• China Petroleum
• Chemical Corporation
• DuPont
• LG Chem Ltd.
• Huntsman Corporation
• Mitsubishi Chemical Holdings Corporation
• Lubrizol and Evonik Industries AG

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Copolyester Thermoplastic Elastomers (COPE)
Market Forecast (2022 - 2027) Learn More About
the Report _at_ https//www.industryarc.com/Report
/11711/copolyester-thermoplastic-elastomers-market
.html
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Reddy Contact (1) 970-236-3677 Email
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