Copolyester Elastomers Market To Reach $1.79 Billion By 2030

Copolyester Elastomers Market Growth & Trends

The global copolyester elastomers market size is estimated to reach USD 1.79 billion by 2030, expanding at a CAGR of 7.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. Growing demand from automobile industry, on account of regulatory mandates to reduce weight of automobiles, is expected to remain a key driving factor for the market. Volatility in raw material prices is expected to hinder the market growth over the forecast period.

Automotive emerged as the leading application segment and accounted for close to 50% of total market volume in 2013. Automotive along with being the largest market is also expected to be the fastest growing market for copolyester elastomers (COPEs), at an estimated CAGR of 4.94% from 2014 to 2020.

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Copolyester Elastomers Market Report Highlights

• The global copolyester elastomers market size was valued at USD 1.20 billion in 2024 and is expected to grow at a CAGR of 7.1% from 2025 to 2030.

• The Asia Pacific copolyester elastomers market dominated the global market and accounted for the largest revenue share of 43.0% in 2024, primarily driven by rapid industrialization and increasing demand from the automotive and electronics sectors.

• The automotive application segment led the market and accounted for the largest revenue share of 50.2% in 2024, primarily driven by the increasing demand for lightweight, high-performance materials.

• Some of the major companies operating in the global COPEs market include DuPont, BASF, Celanese Corporation and Chemical Corporation, Arkema Group, DuPont, PolyOne Corporation, LG Chem Ltd., Lubrizol, Mitsubishi Chemical Holdings Corporation, Nippon Polyurethane etc.

Copolyester Elastomers Market Segmentation

Grand View Research has segmented the global copolyester elastomers market based on type, application, and region:

Copolyester Elastomers Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Injection Molding

• Blow Molding

• Others

Copolyester Elastomers Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Automotive

• Electrical

• Industrial

• Medical

• Others

Copolyester Elastomers Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Russia

  • Denmark

  • Sweden

  • Norway

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • South Korea

  • Indonesia

  • Vietnam

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in Copolyester Elastomers Market

• DuPont

• BASF SE

• Celanese Corporation

• Arkema Group

• Eastman Chemical Company

• PolyOne Corporation

• LyondellBasell Industries N.V.

• Mitsubishi Chemical Corporation

• DSM Engineering Plastics

• Kuraray Co., Ltd.