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Polyester-based TPE Market Insights 2024, Analysis and Forecast to 2029, by Manufacturers, Regions, Technology, Application

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    Report

  • 84 Pages
  • November 2024
  • Region: Global
  • Prof Research
  • ID: 6032760
The polyester-based thermoplastic elastomer (TPE) market is witnessing a steady growth trajectory, driven by the increasing demand for materials that combine the flexibility and durability of elastomers with the processing ease of thermoplastics. These materials are widely used in various industries, such as automotive, electrical, and consumer goods, due to their excellent mechanical properties, high-temperature stability, and superior resistance to wear and aging. The market is expected to grow at a moderate pace over the forecast period, with a compound annual growth rate (CAGR) of 5.0% to 6.0%.

Market Size

The global market for polyester-based TPE is expected to grow steadily, benefiting from the increasing demand across various applications. The market is anticipated to expand at a CAGR of 5.0% to 6.0% from 2024 to 2029. This growth is primarily attributed to the expanding adoption of TPE in industries such as automotive, electrical components, and films & fibers, where high-performance, flexible, and durable materials are required.

Market Share & Trends Analysis

By Application

The demand for polyester-based TPE is driven by several key applications, each experiencing different growth rates:
  • Electrical Components: The demand for polyester-based TPE in electrical components is expected to grow at a CAGR of 5.5% to 6.5%, fueled by the increasing use of TPE in connectors, cables, and other electrical parts, which require materials that offer both electrical insulation and mechanical strength.
  • Automotive: The automotive segment is expected to see significant growth, with a CAGR of 4.5% to 5.5%. Polyester-based TPE is widely used in automotive interior and exterior applications, including seals, gaskets, and trim, owing to its excellent durability, weather resistance, and cost-effectiveness.
  • Films & Fibers: Polyester-based TPE used in films and fibers is projected to grow at a CAGR of 5.0% to 6.0%. These materials are increasingly used in packaging, textiles, and consumer goods due to their versatility and ease of processing.
  • Others: Other applications, including consumer products and industrial applications, are expected to grow at a CAGR of 4.0% to 5.0%, driven by the expanding use of TPE in various industries where flexible and durable materials are required.

By Key Players

The polyester-based TPE market is highly competitive, with several key players leading the development and supply of TPE materials across various industries. Prominent players include:
  • Kraton: Known for its innovative TPE solutions, Kraton is a leading player in the global market, offering products that cater to automotive, consumer goods, and electrical components industries.
  • Dynasol: A key supplier of polyester-based TPE, Dynasol is recognized for its high-performance materials that are used in a variety of industrial applications.
  • Teknor Apex: A prominent player in the TPE market, Teknor Apex manufactures a wide range of thermoplastic elastomers that meet the performance needs of automotive, electrical, and other industries.
  • Avient: Avient specializes in advanced materials and solutions for various industries, including the supply of polyester-based TPE for automotive and electrical applications.
  • SK Chemicals: SK Chemicals is a leading global producer of thermoplastic elastomers, offering polyester-based TPE solutions that are used in automotive, electrical, and consumer goods applications.

By Region

The market for polyester-based TPE is experiencing regional variations in growth rates and market share:
  • Asia-Pacific: Asia-Pacific is expected to dominate the polyester-based TPE market, holding a share of 40% to 45% by 2029, growing at a CAGR of 5.5% to 6.5%. The region's dominance is attributed to the expanding automotive and electronics industries in countries like China, Japan, and South Korea.
  • North America: North America is projected to account for 25% to 30% of the market, growing at a CAGR of 4.5% to 5.5%. The demand for polyester-based TPE is driven by the automotive, electrical, and consumer electronics industries in the U.S. and Mexico.
  • Europe: Europe is estimated to hold a market share of 20% to 25%, growing at a CAGR of 4.0% to 5.0%. The demand is primarily fueled by the automotive sector and the growing focus on sustainability and material innovations in key European countries such as Germany and France.
  • Latin America and Middle East & Africa: These regions are expected to make up 10% to 15% of the global market, with growth rates ranging from 3.5% to 4.5%, driven by the increasing adoption of TPE in industrial applications and consumer goods.

Segment Forecasts (2024-2029)

Growth in Key Applications

  • Electrical Components: The electrical components market for polyester-based TPE is expected to grow at a CAGR of 5.5% to 6.5%, driven by increasing demand for advanced materials in connectors and cables.
  • Automotive: The automotive segment is projected to see steady growth at a CAGR of 4.5% to 5.5%, as the automotive industry continues to demand high-performance, durable, and lightweight materials for interior and exterior parts.
  • Films & Fibers: The films and fibers segment is expected to grow at a CAGR of 5.0% to 6.0%, driven by the expanding use of polyester-based TPE in flexible packaging and textile applications.

Regional Insights

Asia-Pacific is expected to lead the global polyester-based TPE market with a market share of 40% to 45%, growing at a CAGR of 5.5% to 6.5%. North America and Europe are projected to account for significant shares of 25% to 30% and 20% to 25%, respectively, with respective growth rates of 4.5% to 5.5% and 4.0% to 5.0%.

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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Polyester-Based Tpe Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Polyester-Based Tpe by Region
8.2 Import of Polyester-Based Tpe by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Polyester-Based Tpe Market in North America (2019-2029)
9.1 Polyester-Based Tpe Market Size
9.2 Polyester-Based Tpe Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Polyester-Based Tpe Market in South America (2019-2029)
10.1 Polyester-Based Tpe Market Size
10.2 Polyester-Based Tpe Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Polyester-Based Tpe Market in Asia & Pacific (2019-2029)
11.1 Polyester-Based Tpe Market Size
11.2 Polyester-Based Tpe Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Polyester-Based Tpe Market in Europe (2019-2029)
12.1 Polyester-Based Tpe Market Size
12.2 Polyester-Based Tpe Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Polyester-Based Tpe Market in MEA (2019-2029)
13.1 Polyester-Based Tpe Market Size
13.2 Polyester-Based Tpe Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Polyester-Based Tpe Market (2019-2024)
14.1 Polyester-Based Tpe Market Size
14.2 Polyester-Based Tpe Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Polyester-Based Tpe Market Forecast (2024-2029)
15.1 Polyester-Based Tpe Market Size Forecast
15.2 Polyester-Based Tpe Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 Kraton
16.1.1 Company Profile
16.1.2 Main Business and Polyester-based TPE Information
16.1.3 SWOT Analysis of Kraton
16.1.4 Kraton Polyester-based TPE Sales, Revenue, Price and Gross Margin (2019-2024)
16.2 Dynasol
16.2.1 Company Profile
16.2.2 Main Business and Polyester-based TPE Information
16.2.3 SWOT Analysis of Dynasol
16.2.4 Dynasol Polyester-based TPE Sales, Revenue, Price and Gross Margin (2019-2024)
16.3 Teknor Apex
16.3.1 Company Profile
16.3.2 Main Business and Polyester-based TPE Information
16.3.3 SWOT Analysis of Teknor Apex
16.3.4 Teknor Apex Polyester-based TPE Sales, Revenue, Price and Gross Margin (2019-2024)
16.4 Avient
16.4.1 Company Profile
16.4.2 Main Business and Polyester-based TPE Information
16.4.3 SWOT Analysis of Avient
16.4.4 Avient Polyester-based TPE Sales, Revenue, Price and Gross Margin (2019-2024)
16.5 SK Chemicals
16.5.1 Company Profile
16.5.2 Main Business and Polyester-based TPE Information
16.5.3 SWOT Analysis of SK Chemicals
16.5.4 SK Chemicals Polyester-based TPE Sales, Revenue, Price and Gross Margin (2019-2024)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Polyester-Based Tpe Report
Table Data Sources of Polyester-Based Tpe Report
Table Major Assumptions of Polyester-Based Tpe Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Polyester-Based Tpe Picture
Table Polyester-Based Tpe Classification
Table Polyester-Based Tpe Applications List
Table Drivers of Polyester-Based Tpe Market
Table Restraints of Polyester-Based Tpe Market
Table Opportunities of Polyester-Based Tpe Market
Table Threats of Polyester-Based Tpe Market
Table Raw Materials Suppliers List
Table Different Production Methods of Polyester-Based Tpe
Table Cost Structure Analysis of Polyester-Based Tpe
Table Key End Users List
Table Latest News of Polyester-Based Tpe Market
Table Merger and Acquisition List
Table Planned/Future Project of Polyester-Based Tpe Market
Table Policy of Polyester-Based Tpe Market
Table 2019-2029 Regional Export of Polyester-Based Tpe
Table 2019-2029 Regional Import of Polyester-Based Tpe
Table 2019-2029 Regional Trade Balance
Figure 2019-2029 Regional Trade Balance
Table 2019-2029 North America Polyester-Based Tpe Market Size and Market Volume List
Figure 2019-2029 North America Polyester-Based Tpe Market Size and CAGR
Figure 2019-2029 North America Polyester-Based Tpe Market Volume and CAGR
Table 2019-2029 North America Polyester-Based Tpe Demand List by Application
Table 2019-2024 North America Polyester-Based Tpe Key Players Sales List
Table 2019-2024 North America Polyester-Based Tpe Key Players Market Share List
Table 2019-2029 North America Polyester-Based Tpe Demand List by Type
Table 2019-2024 North America Polyester-Based Tpe Price List by Type
Table 2019-2029 United States Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 United States Polyester-Based Tpe Import & Export List
Table 2019-2029 Canada Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Canada Polyester-Based Tpe Import & Export List
Table 2019-2029 Mexico Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Mexico Polyester-Based Tpe Import & Export List
Table 2019-2029 South America Polyester-Based Tpe Market Size and Market Volume List
Figure 2019-2029 South America Polyester-Based Tpe Market Size and CAGR
Figure 2019-2029 South America Polyester-Based Tpe Market Volume and CAGR
Table 2019-2029 South America Polyester-Based Tpe Demand List by Application
Table 2019-2024 South America Polyester-Based Tpe Key Players Sales List
Table 2019-2024 South America Polyester-Based Tpe Key Players Market Share List
Table 2019-2029 South America Polyester-Based Tpe Demand List by Type
Table 2019-2024 South America Polyester-Based Tpe Price List by Type
Table 2019-2029 Brazil Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Brazil Polyester-Based Tpe Import & Export List
Table 2019-2029 Argentina Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Argentina Polyester-Based Tpe Import & Export List
Table 2019-2029 Chile Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Chile Polyester-Based Tpe Import & Export List
Table 2019-2029 Peru Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Peru Polyester-Based Tpe Import & Export List
Table 2019-2029 Asia & Pacific Polyester-Based Tpe Market Size and Market Volume List
Figure 2019-2029 Asia & Pacific Polyester-Based Tpe Market Size and CAGR
Figure 2019-2029 Asia & Pacific Polyester-Based Tpe Market Volume and CAGR
Table 2019-2029 Asia & Pacific Polyester-Based Tpe Demand List by Application
Table 2019-2024 Asia & Pacific Polyester-Based Tpe Key Players Sales List
Table 2019-2024 Asia & Pacific Polyester-Based Tpe Key Players Market Share List
Table 2019-2029 Asia & Pacific Polyester-Based Tpe Demand List by Type
Table 2019-2024 Asia & Pacific Polyester-Based Tpe Price List by Type
Table 2019-2029 China Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 China Polyester-Based Tpe Import & Export List
Table 2019-2029 India Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 India Polyester-Based Tpe Import & Export List
Table 2019-2029 Japan Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Japan Polyester-Based Tpe Import & Export List
Table 2019-2029 South Korea Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 South Korea Polyester-Based Tpe Import & Export List
Table 2019-2029 Southeast Asia Polyester-Based Tpe Market Size List
Table 2019-2029 Southeast Asia Polyester-Based Tpe Market Volume List
Table 2019-2029 Southeast Asia Polyester-Based Tpe Import List
Table 2019-2029 Southeast Asia Polyester-Based Tpe Export List
Table 2019-2029 Australia Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Australia Polyester-Based Tpe Import & Export List
Table 2019-2029 Europe Polyester-Based Tpe Market Size and Market Volume List
Figure 2019-2029 Europe Polyester-Based Tpe Market Size and CAGR
Figure 2019-2029 Europe Polyester-Based Tpe Market Volume and CAGR
Table 2019-2029 Europe Polyester-Based Tpe Demand List by Application
Table 2019-2024 Europe Polyester-Based Tpe Key Players Sales List
Table 2019-2024 Europe Polyester-Based Tpe Key Players Market Share List
Table 2019-2029 Europe Polyester-Based Tpe Demand List by Type
Table 2019-2024 Europe Polyester-Based Tpe Price List by Type
Table 2019-2029 Germany Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Germany Polyester-Based Tpe Import & Export List
Table 2019-2029 France Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 France Polyester-Based Tpe Import & Export List
Table 2019-2029 United Kingdom Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 United Kingdom Polyester-Based Tpe Import & Export List
Table 2019-2029 Italy Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Italy Polyester-Based Tpe Import & Export List
Table 2019-2029 Spain Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Spain Polyester-Based Tpe Import & Export List
Table 2019-2029 Belgium Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Belgium Polyester-Based Tpe Import & Export List
Table 2019-2029 Netherlands Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Netherlands Polyester-Based Tpe Import & Export List
Table 2019-2029 Austria Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Austria Polyester-Based Tpe Import & Export List
Table 2019-2029 Poland Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Poland Polyester-Based Tpe Import & Export List
Table 2019-2029 Russia Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Russia Polyester-Based Tpe Import & Export List
Table 2019-2029 MEA Polyester-Based Tpe Market Size and Market Volume List
Figure 2019-2029 MEA Polyester-Based Tpe Market Size and CAGR
Figure 2019-2029 MEA Polyester-Based Tpe Market Volume and CAGR
Table 2019-2029 MEA Polyester-Based Tpe Demand List by Application
Table 2019-2024 MEA Polyester-Based Tpe Key Players Sales List
Table 2019-2024 MEA Polyester-Based Tpe Key Players Market Share List
Table 2019-2029 MEA Polyester-Based Tpe Demand List by Type
Table 2019-2024 MEA Polyester-Based Tpe Price List by Type
Table 2019-2029 Egypt Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Egypt Polyester-Based Tpe Import & Export List
Table 2019-2029 Israel Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Israel Polyester-Based Tpe Import & Export List
Table 2019-2029 South Africa Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 South Africa Polyester-Based Tpe Import & Export List
Table 2019-2029 Gulf Cooperation Council Countries Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Gulf Cooperation Council Countries Polyester-Based Tpe Import & Export List
Table 2019-2029 Turkey Polyester-Based Tpe Market Size and Market Volume List
Table 2019-2029 Turkey Polyester-Based Tpe Import & Export List
Table 2019-2024 Global Polyester-Based Tpe Market Size List by Region
Table 2019-2024 Global Polyester-Based Tpe Market Size Share List by Region
Table 2019-2024 Global Polyester-Based Tpe Market Volume List by Region
Table 2019-2024 Global Polyester-Based Tpe Market Volume Share List by Region
Table 2019-2024 Global Polyester-Based Tpe Demand List by Application
Table 2019-2024 Global Polyester-Based Tpe Demand Market Share List by Application
Table 2019-2024 Global Polyester-Based Tpe Capacity List
Table 2019-2024 Global Polyester-Based Tpe Key Vendors Capacity Share List
Table 2019-2024 Global Polyester-Based Tpe Key Vendors Production List
Table 2019-2024 Global Polyester-Based Tpe Key Vendors Production Share List
Figure 2019-2024 Global Polyester-Based Tpe Capacity Production and Growth Rate
Table 2019-2024 Global Polyester-Based Tpe Key Vendors Production Value List
Figure 2019-2024 Global Polyester-Based Tpe Production Value and Growth Rate
Table 2019-2024 Global Polyester-Based Tpe Key Vendors Production Value Share List
Table 2019-2024 Global Polyester-Based Tpe Demand List by Type
Table 2019-2024 Global Polyester-Based Tpe Demand Market Share List by Type
Table 2019-2024 Regional Polyester-Based Tpe Price List
Table 2024-2029 Global Polyester-Based Tpe Market Size List by Region
Table 2024-2029 Global Polyester-Based Tpe Market Size Share List by Region
Table 2024-2029 Global Polyester-Based Tpe Market Volume List by Region
Table 2024-2029 Global Polyester-Based Tpe Market Volume Share List by Region
Table 2024-2029 Global Polyester-Based Tpe Demand List by Application
Table 2024-2029 Global Polyester-Based Tpe Demand Market Share List by Application
Table 2024-2029 Global Polyester-Based Tpe Capacity List
Table 2024-2029 Global Polyester-Based Tpe Key Vendors Capacity Share List
Table 2024-2029 Global Polyester-Based Tpe Key Vendors Production List
Table 2024-2029 Global Polyester-Based Tpe Key Vendors Production Share List
Figure 2024-2029 Global Polyester-Based Tpe Capacity Production and Growth Rate
Table 2024-2029 Global Polyester-Based Tpe Key Vendors Production Value List
Figure 2024-2029 Global Polyester-Based Tpe Production Value and Growth Rate
Table 2024-2029 Global Polyester-Based Tpe Key Vendors Production Value Share List
Table 2024-2029 Global Polyester-Based Tpe Demand List by Type
Table 2024-2029 Global Polyester-Based Tpe Demand Market Share List by Type
Table 2024-2029 Polyester-Based Tpe Regional Price List
Table Kraton Information
Table SWOT Analysis of Kraton
Table 2019-2024 Kraton Polyester-based TPE Product Capacity Production Price Cost Production Value
Figure 2019-2024 Kraton Polyester-based TPE Capacity Production and Growth Rate
Figure 2019-2024 Kraton Polyester-based TPE Market Share
Table Dynasol Information
Table SWOT Analysis of Dynasol
Table 2019-2024 Dynasol Polyester-based TPE Product Capacity Production Price Cost Production Value
Figure 2019-2024 Dynasol Polyester-based TPE Capacity Production and Growth Rate
Figure 2019-2024 Dynasol Polyester-based TPE Market Share
Table Teknor Apex Information
Table SWOT Analysis of Teknor Apex
Table 2019-2024 Teknor Apex Polyester-based TPE Product Capacity Production Price Cost Production Value
Figure 2019-2024 Teknor Apex Polyester-based TPE Capacity Production and Growth Rate
Figure 2019-2024 Teknor Apex Polyester-based TPE Market Share
Table Avient Information
Table SWOT Analysis of Avient
Table 2019-2024 Avient Polyester-based TPE Product Capacity Production Price Cost Production Value
Figure 2019-2024 Avient Polyester-based TPE Capacity Production and Growth Rate
Figure 2019-2024 Avient Polyester-based TPE Market Share
Table SK Chemicals Information
Table SWOT Analysis of SK Chemicals
Table 2019-2024 SK Chemicals Polyester-based TPE Product Capacity Production Price Cost Production Value
Figure 2019-2024 SK Chemicals Polyester-based TPE Capacity Production and Growth Rate
Figure 2019-2024 SK Chemicals Polyester-based TPE Market Share

Companies Mentioned

  • Kraton
  • Dynasol
  • Teknor Apex
  • Avient
  • SK Chemicals