Report Code: A13667 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the High Performance Polyester Market
Request Now !Polyesters with enhanced qualities such as high durability and tensile strength are known as high performance polyesters. They have great features like corrosion resistance, high shock absorption, and outstanding flexibility, making them ideal for end-use sectors like packaging, building & construction, electrical & electronics, and automotive. One of the driving factors boosting the demand for the product in numerous end user sectors is the increased stability of polyester throughout a wide temperature range. This could be another factor contributing toward the growth of the high-performance polyester market.
COVID-19 Impact analysis
Top Impacting Factors
One of the primary factors driving the global high performance polyester market is the rapid rise in demand for polyester in the polythene sector. Polyethylene terephthalate is a widely used polyester in the food packaging business, which could be an additional reason driving the market's growth. High-performance polyester has protective features that aid to preserve the product's content, this could be a further element driving the growth of the market. The use of polyester in food and packaging applications has been approved by the U.S. Food and Drug Administration and the European Food Safety Authority. This could be another major contributor to the market's growth. High performance polyester is widely used in the food & beverage industries because of its ability to protect the goods inside the container. This could be an aspect that boosts the market's growth in the near future. The surge in popularity of ready-to-eat foods in developed and emerging countries is expected to boost the market's growth. Furthermore, the high-performance metal outperforms other metals and glass, and it is been used in a variety of applications, including automotive, electrical & electronics, packaging, construction, and building. This is another factor boosting the market growth in the near future.
Market Trends
Key Benefits of the Report
Questions answered in the high-performance polyester Report
High Performance Polyester Market Report Highlights
Aspects | Details |
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By End Use Industry |
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Key Market Players | DuPont, Evonik, Ashland., BASF SE, Eastman Chemical Company, The Shepherd Chemical Company, U-PICA Company Ltd., Satyen Polymers Pvt. Ltd, Solvay S.A., Celanese Corporation |
Others |
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