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

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Copolyester Thermoplastic Elastomers (COPE)
Market - Forecast(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. Additionally, the rising
  demand for high-performance, light-weight
  materials such as electric cables, hose and
  tubing from the automotive sector has driven the
  demand for copolyester thermoplastic elastomers
  (COPEs), in the projected period.

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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.
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• Copolyester Thermoplastic Elastomers
  (COPE) Market
•  Industry Outlook
• BASF SE
• Bayer Ag
• Dow Chemicals
• China Petroleum and Chemical Corporation
• DuPont
• LG Chem Ltd.
• Huntsman Corporation
• Mitsubishi Chemical Holdings Corporation
• Lubrizol
• 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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• Data Tables
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Reddy Contact (1) 970-236-3677 Email
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