Thermoplastic Polyester Engineering Resins (TPER) Market size,share And Forecasts, 2014 To 2020

Increasing TPER demand in electronic components and automotive manufacturing is expected to remain a major factor driving the global market growth over the forecast period. Major TPER products include polyethylene terephthalate (PET), polybutylene terephthalate (PBT) and polycyclohexylene dimethylene terephthalate (PCT). Increasing application of TPER in industrial equipment, food & beverage packaging and thermoforming applications is expected to further drive the global market. U.S., China, India, Japan, Brazil and Mexico are touted to be major regions attracting TPER for automotive components (alloys and exterior panels) manufacturing on account of growing automotive production in these markets. Growing demand for PET for bottling in soft drink industry is expected to drive TPER demand in packaging applications. TPER is gaining importance as an essential material for manufacturing fluorescent bulbs.
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