Copolyester Thermoplastic Elastomers (COPE) Market Size Forecast to Reach $1.5 billion by 2026

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Copolyester 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.
• Furthermore, volatility in raw material prices is
  estimated to create hurdles for the global
  copolyester thermoplastic elastomers.

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By Distribution Channel- Segment Analysis The
automotive sector held the largest share in the
copolyester thermoplastic elastomers (COPE)
market in 2020 and is projected to grow at a CAGR
of 5 during the forecast period 2021-2026. Owing
to the exceptional physical and chemical
qualities, thermoplastic copolyester elastomers
are widely used in the automotive sector. Also,
the automobile industry uses thermoplastic
copolyester elastomers extensively in the
production of automobile parts that need
chemical, heat, and oil resistance.
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• Copolyester Thermoplastic Elastomers (COPE)
  Market Industry Outlook 
• Arkema SA
• BASF SE
• Bayer AG
• EI DuPont de Nemours
• Eastman Chemical Company
• Evonik Industries
• Huntsman Corporation
• Koninklijke DSM NV
• Nippon Polyurethane Industry Company Ltd

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Copolyester Thermoplastic Elastomers (COPE)
Market - Forecast(2021 - 2026) Learn More About
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/11711/copolyester-thermoplastic-elastomers-market
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