China Thermoplastic Polyester Elastomer Market Size & Outlook

The thermoplastic polyester elastomer market in China is expected to reach a projected revenue of US$ 255.3 million by 2030. A compound annual growth rate of 6.3% is expected of China thermoplastic polyester elastomer market from 2022 to 2030.
Revenue, 2021 (US$M)
$147.8
Forecast, 2030 (US$M)
$255.3
CAGR, 2022 - 2030
6.3%
Report Coverage
China

China thermoplastic polyester elastomer market highlights

  • The China thermoplastic polyester elastomer market generated a revenue of USD 147.8 million in 2021 and is expected to reach USD 255.3 million by 2030.
  • The China market is expected to grow at a CAGR of 6.3% from 2022 to 2030.
  • In terms of segment, injection molding was the largest revenue generating type in 2021.
  • Injection Molding is the most lucrative type segment registering the fastest growth during the forecast period.


Thermoplastic polyester elastomer market data book summary

Market revenue in 2021USD 147.8 million
Market revenue in 2030USD 255.3 million
Growth rate6.3% (CAGR from 2021 to 2030)
Largest segmentInjection molding
Fastest growing segmentInjection Molding
Historical data2019 - 2020
Base year2021
Forecast period2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInjection Molding, Extrusion Molding, Blow Molding
Key market players worldwideSABIC, DuPont de Nemours Inc, Basf SE, Covestro AG, Celanese Corp Class A, LG Chem, Mitsubishi Electric Corp, Arkema SA, Toyobo Co Ltd, Radici Group, Sunshine Global, Teijin Ltd, Chang Chun Group, Entec Polymers


Other key industry trends

  • In terms of revenue, China accounted for 10.1% of the global thermoplastic polyester elastomer market in 2021.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China thermoplastic polyester elastomer market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 255.3 million by 2030.

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Thermoplastic Polyester Elastomer Market Companies

Name Profile # Employees HQ Website

China thermoplastic polyester elastomer market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thermoplastic polyester elastomer market will help companies and investors design strategic landscapes.


Injection molding was the largest segment with a revenue share of 68.4% in 2021. Horizon Databook has segmented the China thermoplastic polyester elastomer market based on injection molding, extrusion molding, blow molding covering the revenue growth of each sub-segment from 2019 to 2030.


China is the world leader in plastics production. Low production costs in the country have triggered high investments in the plastics industry, including the plastics machinery manufacturing. China is not just the largest plastic producer but also the biggest plastic recycler globally.

The region is also home to several major industries with vast production capabilities and facilities, which in turn attracts higher investments in materials for innovative products. 

Increasing consumer disposable income and growing expenditure on luxury consumer goods in line with transitioning lifestyles are also key factors driving innovation in the market. TPEE is being utilized for numerous equipment & products that foster easier consumer lifestyles and faster production processes.

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Target buyers of China thermoplastic polyester elastomer market databook

  • Our clientele includes a mix of thermoplastic polyester elastomer market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the China thermoplastic polyester elastomer market, including forecasts for subscribers. This country databook contains high-level insights into China thermoplastic polyester elastomer market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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China thermoplastic polyester elastomer tpee market size, by type, 2019-2030 (US$M)

China Thermoplastic Polyester Elastomer Market Share, 2021 & 2030 (US$M)

China thermoplastic polyester elastomer tpee market size, by type, 2019-2030 (US$M)

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