Quince market insights in their latest report on Global Thermoplastic Polyester Market expects the market to reach USD XX billion by 2028, growing at a CAGR of XX% during the forecast period.
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The thermoplastic polyesters are also known engineering plastics. They have enhanced mechanical properties, excellent abrasion-resistance, low-temperature flexibility, and excellent chemical resistance. They have a low density as compared to steel & hence it is very light-weighted. Hence they are used as substitutes for steel. The automotive industry is the principal end user of thermoplastic polyester.
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