Title: Copolyester Thermoplastic Elastomers (COPE) Market
1Copolyester 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. - Moreover, the increasing demand for
copolyester thermoplastic elastomers owing to its
abrasion resistance, excellent tear and tensile
strength, and flex life properties in the
healthcare sector is anticipated to boost
the copolyester thermoplastic elastomers industry
in the projected time frame.
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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
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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, 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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