- In June 2023, MM Polytrade Ltd acquired Celanese's thermoplastic copolyesters (TPC) and hotmelt polyesters operations from the Ferrara Donegani plant. The deal also included assets from the Forlì compounding plant. This strategic acquisition, executed through its subsidiary Taro Plast, strengthens MM Polytrade’s presence in the advanced polyester materials market
- In July 2022, PolySource, a distributor of engineered resins, expanded its portfolio by adding SKYPEL through a collaboration with SK Chemicals America Inc. This partnership aimed to target the growing demand for specialty materials, enabling both companies to attract broader markets and new customers across the U.S.
- In February 2022, Celanese Corporation announced acquiring DuPont's Mobility & Materials (M&M) thermoplastics and elastomers business for USD 11.0 billion. This acquisition enhanced Celanese’s thermoplastic polyester elastomer offerings and provided increased access to the rapidly growing Asian markets, bolstering its global market reach and competitive positioning
Frequently Asked Questions
The market is segmented based on Global Thermoplastic Polyester Elastomer (TPEE) Market Segmentation, By Type (Injection Molding Grade, Extrusion Grade, and Other Types), End-user Industry (Automotive and Transportation, Healthcare, Building and Construction, Electrical and Electronics, Consumer Goods, and Other End-user Industries) - Industry Trends and Forecast to 2032
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The Global Thermoplastic Polyester Elastomer Tpee Market size was valued at USD 3.79 USD Billion in 2024.
The Global Thermoplastic Polyester Elastomer Tpee Market is projected to grow at a CAGR of 4.1% during the forecast period of 2025 to 2032.
The major players operating in the market include A. SchulmanInc., Ashland, BASF SE, Celanese CorporationCovestro AG, DuPont, L.G. Chem, China Petrochemical Corporation, Mitsubishi Engineering-Plastics Corporation, L.C.Y. Group, SABIC, Exxon Mobil Corporation, Tosoh Corporation, Chang Chun Group., Kraton Corporation, TOYOBO CO.Ltd., Dow, Arkema, Evonik Industries AG, LyondellBasell Industries Holdings B.V., and The Lubrizol Corporation.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
