Global Polyether Ester TPE Market by Application, Region and Vendor - Forecast to 2022

The global polyether ester TPE market is anticipated to grow at a CAGR of 5.37% during the period 2018-2022. The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The latest trend gaining momentum in the market is the growing demand for eco-friendly products. The material is used for various applications in automotive, sports and leisure, and consumer electronics, among others. According to the report, one of the major drivers for this market is the increasing need to improve the quality of silage. Silage is a high-moisture stored fodder used to feed livestock. To protect the loss of nutrients, carbohydrates in cases of silage damages, the demand for silage films is likely to proliferate during the next few years.