Copolyester Elastomers (Copes) Market Analysis, Market Size, Share, Regional Outlook, Growth, Trends, Competitive Scenario and Segment Forecasts, 2012 to 2020

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Copolyester Elastomers (COPEs) Market Analysis, Market

Size, Share, Regional Outlook, Growth, Trends, Competitive

Scenario And Segment Forecasts, 2012 To 2020

Industry Insights

Copolyester Elastomers (COPEs) are also called as copolyester thermoplastic elastomers which offer high

elasticity like rubber and can be easily molded to achieve the properties of thermoplastics. COPEs are

mainly used in application where resistance to heat, chemicals and oils is required. These copolyester

thermoplastic elastomers also possess properties of vulcanized rubber.

This advantageous factor of COPEs replaces the application of polymers, metals and rubber in major

end-use industries, and is anticipated to augment the market growth over the forecast period. COPEs

market is anticipated to be driven on account of increasing application scope in automotives, electrical,

industrial and medical sectors.

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Hexa Research Inc.

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Increasing demand for lightweight components in automotive industry to improve overall efficiency is

the key factor which is expected to drive the market over the next six years. Stringent regulation to

reduce the utilization of hazardous materials is anticipated to boost COPEs market over the forecast

period. In addition, increasing manufacturing capacity in Europe and North America coupled with

increasing demand across the world is expected to be the key driving factor for COPEs market over the

next six years.

Electrical industry witnessed to be the fastest growing end-use industry which is anticipated to augment

COPEs market over the projected period. COPEs are used in many industrial applications owing to their

properties including toughness, flexibility and high resistance to chemicals and heat. Increasing...