Japan Thermoplastic Polyester Elastomer Market Size & Outlook
Japan thermoplastic polyester elastomer market, 2019-2030 (US$M)
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Japan thermoplastic polyester elastomer market highlights
- The Japan thermoplastic polyester elastomer market generated a revenue of USD 120.2 million in 2021 and is expected to reach USD 205.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 6.1% 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 2021 | USD 120.2 million |
| Market revenue in 2030 | USD 205.6 million |
| Growth rate | 6.1% (CAGR from 2021 to 2030) |
| Largest segment | Injection molding |
| Fastest growing segment | Injection Molding |
| Historical data | 2019 - 2020 |
| Base year | 2021 |
| Forecast period | 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, Japan accounted for 8.2% 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 Scope
Thermoplastic Polyester Elastomer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 68.3% in 2021. Horizon Databook has segmented the Japan thermoplastic polyester elastomer market based on injection molding, extrusion molding, blow molding covering the revenue growth of each sub-segment from 2019 to 2030.
Japan is the third largest economy globally by nominal GDP and fourth largest by purchasing power parity. Japan is the second largest developed economy, enjoys high GDP per capita, 100% urbanization rate, high disposable income, and strong manufacturing sector.
The country has a huge demand for plastics due to established production, trade, and industrial ecosphere.
Despite, four years of economic stimulus, Japan's economy is growing a nominal rate which shows a good sign for the plastic manufacturers. TPEE production is likely to benefit from these factors, albeit at lower rates than emerging Asian economies.
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Target buyers of Japan thermoplastic polyester elastomer market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan thermoplastic polyester elastomer market, including forecasts for subscribers. This country databook contains high-level insights into Japan thermoplastic polyester elastomer market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Japan Thermoplastic Polyester Elastomer Market Share, 2021 & 2030 (US$M)
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