Thermoplastic polyester elastomer (TPEE) a class of copolymers or a physical mix of polymers (usually a plastic and a rubber) that consist of materials with both thermoplastic and elastomeric properties.

Global thermoplastic polyester elastomer (TPEE) market was valued at 874 Million US$ in 2018 and is projected to reach 1125 Million US$ by 2024, at a CAGR of 4.3% during the forecast period, rising substitution of thermosets and other conventionally heavy materials such as metals and wood is expected to remain a key driving factor for the industry over the forecast period.

Thermoplastic polyester elastomer (TPEE) has outstanding comprehensive properties such as outstanding mechanical strength, excellent resilience and wide operating temperature etc. It has been widely used in automotive parts, hydraulic hoses, cables and wires, electronic appliances, industrial products, stationery and biological materials. Among them, the most widely used is in the automotive industry, accounting for more than 70% of the market share.

Key players in global thermoplastic polyester elastomer (TPEE) market include: DuPont, DSM, Toyobo, Taiwan Changchun, Celanese, SK Chemicals, LG Chemical, Mitsubishi Chemical, SABIC, RadiciGroup, Sunshine Plastics, Kelong Fine Chemical, Dongnan Xiangtai etc.