By Gary Thomas
Research and Markets, a company providing market research solutions, has included the report titled "Analyzing the Market for Thermoplastic Polyester in US" to its report offering.
The thermoplastic polyester market in the United States is expected to witness growth at a significant rate by 2016. Thermoplastic polyesters are a class of polyesters in which the polyesters are not reactive as a result of their saturated backbones. Polyethylene terephthalate (PET) is the most commonly manufactured commercial thermoplastic polyester which is developed from ethylene glycol by polycondensation.
The report provides a detailed market segment-wise analysis of the US thermoplastic polyester industry covering the packaging, automobile and electrical and electronic markets. The report identifies packaging market segment to be the most significant contributor to thermoplastic polyester growth. It is expected that 60% of the demand for reinforced plastics will continue to be accounted for by thermoset resins, especially the unsaturated polyesters, till the year 2016.
The report provides an analysis of market demand and also includes market analysis on the basis of different types of thermoplastic polyesters. Superior aesthetics and easy manufacturing are expected to accelerate the growth of thermoplastics. While glass fibers are envisaged to remain as the preferred reinforcement material as a result of their performance and economical costs; the demand for carbon fibers is also anticipated to grow.
A section of the report is dedicated to the import and export of the thermoplastic polyesters in the United States. The report highlights the regulatory framework governing the industry. Some of the industry players featured in the report are Eastman Chemical, BASF, Koch industries, DuPont and Formosa Plastics.