Europe Thermoplastic Polyester Elastomer Market Size & Outlook
Europe thermoplastic polyester elastomer market, 2019-2030 (US$M)
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Europe thermoplastic polyester elastomer market highlights
- The Europe thermoplastic polyester elastomer market generated a revenue of USD 431.8 million in 2021.
- The market is expected to grow at a CAGR of 4.6% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 431.8 million |
| Market revenue in 2030 | USD 647.0 million |
| Growth rate | 4.6% (CAGR from 2021 to 2030) |
| Largest segment | Injection molding |
| Fastest growing segment | Injection Molding |
| Historical data covered | 2019 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Injection Molding, Extrusion Molding, Blow Molding |
| Key market players worldwide | SABIC, 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, Europe region accounted for 29.4% of the global thermoplastic polyester elastomer market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 774.7 million by 2030.
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Thermoplastic Polyester Elastomer Market Scope
Thermoplastic Polyester Elastomer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 68.5% in 2021. Horizon Databook has segmented the Europe thermoplastic polyester elastomer market based on injection molding, extrusion molding, blow molding covering the revenue growth of each sub-segment from 2019 to 2030.
Though the region’s growth is likely to be restrained due to various macro-environmental factors such as debt crisis, rising unemployment and stalled industrial output, an optimistic scenario across Eastern Europe for manufacturing and consumerism shall drive its growth.
The region is characterized by stringent environmental regulations from agencies such as ECHA, European Commission and various federal level agencies.
These regulatory policies however challenging might they be for growth, are in a way expected to aid in industrial development as they tend to push manufacturers to optimize processes, develop sustainable technologies and products.
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Our clientele includes a mix of thermoplastic polyester elastomer market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe thermoplastic polyester elastomer market, including forecasts for subscribers. This continent databook contains high-level insights into Europe thermoplastic polyester elastomer market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Europe thermoplastic polyester elastomer tpee market size, by country, 2019-2030 (US$M)
Europe Thermoplastic Polyester Elastomer Market Share, 2021 & 2030 (US$M)
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