Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Copolyesters Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.1 % during the review period (2022 to 2027).
Copolyesters Market Overview
Copolyester is a synthetic rubber consisting of hard polyester crystallites dispersed in a flexible matrix. Copolyester are thermoplastic. They are used in a variety of applications such as tires and automotive parts. They provide resistance to heat, fuel, oil and chemicals. Arnitel, a copolyester elastomer produced by DSM combines the performance characteristics of elastomers with the processing features of thermoplastics. These materials combine elastomeric properties at low temperature with exceptional fatigue behavior. Compared to other elastomers, copolyester elastomers offer consistent performance over the entire operating temperature range. Copolyester-based PETG (polyethylene terephthalate) is extensively utilized in the clothing industry.
Industry News:
Eastman introduces Tritan™ Renew for sustainability without compromise
June 23, 2020 — Global specialty plastics provider Eastman introduces Tritan™ Renew copolyester. Tritan Renew offers sustainability without compromise, providing the same durability, performance and safety of original Tritan but now with up to 50% recycled content derived from waste plastic. Eastman will produce Tritan Renew with its innovative Advanced Circular Recycling technologies that use recycled plastic as a raw material, reduce consumption of fossil fuel and have lower greenhouse gas footprints.
What are the major Applications, Types and Regions for Copolyesters Market?
By Types it is segmented into
- PET and PETG
- PCTG, PCTA, PCT
- Others
By Applications it is segmented into
- Package Materials
- Electronics & Appliances
- Medical Devices
- Automotive
- Others
Copolyesters Market Regional Analysis
Because of increased production in the automotive and electronics industries in China, India, South Korea, and Japan, the Asia-Pacific region held the greatest share of the copolyester market in 2021, up to 45%.
The rapid technological advancement and high disposable incomes of people in North America are expected to provide the area a considerable proportion of the worldwide market. Consumer demand for autos has increased, as has the building industry's growth, prompting manufacturers to innovate. This demand, combined with the region's high economic standing, would propel the market even higher. Furthermore, the expansion of the medical industry would have a favourable impact on the market for copolyester.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Copolyesters Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Copolyesters Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Copolyesters Market Report Scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 5.1% over the forecast period (2022-2027)
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By Type
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- PET and PETG
- PCTG, PCTA, PCT
- Others
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By Application
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- Package Materials
- Electronics & Appliances
- Medical Devices
- Automotive
- Others
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By Companies
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Eastman, Royal DSM, Toyobo, Evonik, SK Chemicals, BASF, DowDuPont, Celanese, Bostik, Covestro, Macroocean
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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162
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Copolyesters Report
- Evaluate Copolyesters market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Copolyesters market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Copolyesters Market?
The Copolyesters Market is growing at a CAGR of 5.1% over the next 5 years.
Who are the key players in Copolyesters Market?
Eastman, Royal DSM, Toyobo, Evonik, SK Chemicals, BASF, DowDuPont, Celanese, Bostik, Covestro, Macroocean
What are the significant types of Copolyesters Market?
PET and PETG, PCTG, PCTA, PCT, Others
What are the major end-use applications of Copolyesters Market?
Package Materials, Electronics & Appliances, Medical Devices, Automotive, Others
How can I get a sample report/company profiles for the Copolyesters Market?
The sample report for Copolyesters Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.