Quince market insights in their latest report on Global Thermoplastic Polyester Market expects the market to reach USD XX billion by 2028, growing at a CAGR of XX% during the forecast period.
The thermoplastic polyesters are also known engineering plastics. They have enhanced mechanical properties, excellent abrasion-resistance, low-temperature flexibility, and excellent chemical resistance. They have a low density as compared to steel & hence it is very light-weighted. Hence they are used as substitutes for steel. The automotive industry is the principal end user of thermoplastic polyester.
Thermoplastic polyesters are high speed & high-performance materials that are used in the manufacturing of various automotive parts. They include high-quality automotive instrument panels, wheel covers, dashboard components, pillar trim, door liners and handles, seatbacks, and seat belt components, among others. These materials are highly durable, corrosion-resistant, resilient, light weighted and low costing, all these help in reinforcing an automotive by reducing overall weight, increasing fuel efficiency and reducing strain upon the engine. In the electronics industry, these materials are due to protective casings for highly fragile electronic components & devices.
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Properties such as high electrical resistance & low thermal conduction make them excellent protective & isolation materials against heat and electricity. Asia Pacific region is the biggest contributor to the thermoplastic polyester market owing to increased demand in the automotive industry, rapid urbanization & increasing disposable incomes. The Asia Pacific accounts major share of the global thermoplastic polyester market, followed by North America and Europe respectively, in 2018. The North American and European markets are also poised to show tremendous growth in the thermoplastic polyester market due to increasing demand in electronics industry & industrial applications. The Middle East is still an emerging player in the thermoplastic polyester market.
Major players operating in the global thermoplastic polyester market are DuPont Plastics, Polymers & Resins, Eastman Chemical Company, Teknor Apex Company, BASF SE, Covestro, Mitsui Chemicals, SABIC, Kraton Polymers LLC, Polyplastics USA, Inc., Dow Chemical Co., Celanese Corporation, Sartomer USA, LLC, Saint-Gobain Innovative Materials, and Henkel Corporation.
Key Factors Impacting the Growth of Thermoplastic Polyester Market:
- Increasing demand for the growth of the automotive industry.
- Increasing demand due to availability of bio-based thermoplastic polyesters
- Low cost of manufacturing.
Key Developments in the Thermoplastic Polyester Market:
- On November 8 2018, DuPont announced investment of more than $80 million to build a new manufacturing facility in Zhangjiagang, Jiangsu Province in East China. The new facility will produce compounded high-end engineering plastics to serve customers in transportation, electronics, industrial and consumer products markets. The planned site is expected to become operational in 2020 with expansion through 2023.
- In 2003, DuPont Engineering Polymers acquired the high-performance crystalline plastics business from Eastman Chemical Company.The business includes Eastman’s Titan® LCP, a liquid crystal polymer, Thermx PCT, a family of polycyclohexylene dimethyl terephthalate products and Thermx EG series of reinforced PET thermoplastic polyester resins used in automotive, electrical/electronics and other industries.
Market Segmentation:
By Type:
- Polyethylene Terephthalate
- Polybutylene Terephthalate
- PEBT
By Grade:
- Non-Reinforced
- Glass Reinforced
- Flame Retardant
- High Flow
By Application:
- Automotive Instrument Panels
- Wheel Covers
- Dashboard Components
- Pillar Trim
- Door Liners & Handles
- Seat Backs
- Seat Belt Components
By End User:
- Automotive
- Electrical & Electronics
- Industrial
- Others
By Region:
North America
Asia Pacific
Western Europe
Eastern Europe
Middle East
Rest of the World
Reasons to Buy This Report:
Market size estimation of the global thermoplastic polyester market on regional and global basis.
Unique research design for market size estimation and forecast.
Profiling of major companies operating in the thermoplastic polyester market with key developments.
Broad scope to cover all the possible segments helping every stakeholder in the thermoplastic polyester market.
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Thermoplastic Polyester market is segmented by region (country), players, by Type, and by Application.
Players, stakeholders, and other participants in the global Thermoplastic Polyester market will be able to gain the upper hand as they use the report as a powerful resource.
The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2015-2026.Segment by Type, the Thermoplastic Polyester market is segmented into:PETPBTPETPDownload FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/59342/global-japan-thermoplastic-polyester-2026-235Segment by Application, the Thermoplastic Polyester market is segmented into:Automotive IndustryCompositesElectronicsIndustrial ProductsConsumer ProductsRegional and Country-level Analysis:The Thermoplastic Polyester market is analysed and market size information is provided by regions (countries).The key regions covered in the Thermoplastic Polyester market report are North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
It also covers key regions (countries), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.The report includes country-wise and region-wise market size for the period 2015-2026.
It also includes market size and forecast by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.Competitive Landscape and Thermoplastic Polyester Market Share Analysis:Thermoplastic Polyester market competitive landscape provides details and data information by players.
The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020.
Thermoplastic Elastomers are bendy substances, which may be stretched without completely deforming the shape.
Thermoplastic elastomers are synthetic with the aid of using injection molding and extrusion.
Various vehicle components, along with window handles, gaskets, frame seals, wipers, filler panels, rocker panels, and damping pads are made from thermoplastic elastomers.
The upward thrust in call for safe, mild weight, and less expensive merchandise are a number of the drivers for the boom of the thermoplastic elastomers market.
Expensive uncooked substances and the excessive price of crude oil are the restraint for the thermoplastic elastomer market.
According to International Trade Administration (ITA), a company inside the United States Department of Commerce promotes United States exports of non-agricultural U.S. offerings and goods.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
