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Global Polyether Ester TPE Market 2018-2022| Rising Preference for Material Recycling to Drive Growth| Technavio

November 28, 2018

LONDON--(BUSINESS WIRE)--Nov 28, 2018--Technavio ’s global polyether ester TPE market research report forecasts the market to grow at a CAGR of over 5% during the forecast period.

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Technavio has released a new market research report on the global polyether ester TPE market for the period 2018-2022. (Graphic: Business Wire)

The increasing preference for material recycling will be one of the major trends in the during 2018-2022. The ease of recycling polyether ester TPE is anticipated to boost the growth of the market. Conventional methods such as chemical degradation and mechanical recycling are used to recycle TPE. The increase in anti-dumping taxes in countries such as the US, the Netherlands, and the UK will further augment the demand for polyether ester TPE.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key drivers for the global polyether ester TPE market is the increasing demand from developing countries:

Global polyether ester TPE market: Increasing demand from developing countries

The global polyether ester TPE market has been experiencing high growth in developing countries such as India, China, Brazil, Mexico, and Indonesia. Owing to several factors such as the easy availability of raw materials and land, inexpensive labor, low transportation costs, and less stringent government regulations and policies, many polyether ester TPE vendors are shifting their manufacturing activities to these countries.

According to a senior research analyst at Technavio, “The demand for polyether ester TPE is anticipated to increase due to the emergence of China and India as the major manufacturing hubs for automotive, electronics, and medical industries. The increasing per capita income and rise in per capita of vehicles owned in APAC will further drive market growth.”

Global polyether ester TPE market: Segmentation analysis

This global polyether ester TPE market analysis report provides market segmentation by application (automotive, hose and tube, medical, wire and cable, and others) and by region (the Americas, APAC, and EMEA). This report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the five major applications, the automotive segment held the largest polyether ester TPE market share in 2017, contributing to about 47% of the market. This application segment will dominate the global market throughout the forecast period.

The APAC region held the largest share of the market in 2017, accounting for close to 39% share. It was followed by the Americas and EMEA respectively. The APAC region is expected to dominate the market throughout the period 2018-2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181127005937/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING CHEMICALS/PLASTICS

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 11/28/2018 12:11 AM/DISC: 11/28/2018 12:11 AM

http://www.businesswire.com/news/home/20181127005937/en

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