| Product Code: ETC8636977 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to witness significant import shipments of thermoplastic polyester elastomer, with top exporters being China, USA, UAE, Turkey, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 14.27% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024, showing a -1.94% decrease. This data suggests a dynamic market landscape for thermoplastic polyester elastomer imports in Nigeria, influenced by key exporting countries and changing growth trends.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Thermoplastic Polyester Elastomer Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Thermoplastic Polyester Elastomer Market - Industry Life Cycle |
3.4 Nigeria Thermoplastic Polyester Elastomer Market - Porter's Five Forces |
3.5 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Nigeria Thermoplastic Polyester Elastomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in various industries |
4.2.2 Growing focus on sustainable and eco-friendly materials |
4.2.3 Expansion of automotive and construction industries in Nigeria |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Lack of awareness and understanding about thermoplastic polyester elastomers |
4.3.3 Limited availability of skilled labor for processing and handling these materials |
5 Nigeria Thermoplastic Polyester Elastomer Market Trends |
6 Nigeria Thermoplastic Polyester Elastomer Market, By Types |
6.1 Nigeria Thermoplastic Polyester Elastomer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Injection Molding Grade, 2021- 2031F |
6.1.4 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Extrusion Molding Grade, 2021- 2031F |
6.1.5 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Blow Molding Grade, 2021- 2031F |
6.2 Nigeria Thermoplastic Polyester Elastomer Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Electrical & Electronics, 2021- 2031F |
6.2.4 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.5 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Medical, 2021- 2031F |
6.2.6 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Consumer Goods, 2021- 2031F |
6.2.7 Nigeria Thermoplastic Polyester Elastomer Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Thermoplastic Polyester Elastomer Market Import-Export Trade Statistics |
7.1 Nigeria Thermoplastic Polyester Elastomer Market Export to Major Countries |
7.2 Nigeria Thermoplastic Polyester Elastomer Market Imports from Major Countries |
8 Nigeria Thermoplastic Polyester Elastomer Market Key Performance Indicators |
8.1 Adoption rate of thermoplastic polyester elastomers in key industries |
8.2 Number of research and development initiatives focused on improving the properties of these materials |
8.3 Percentage of manufacturing facilities using thermoplastic polyester elastomers in their production processes |
9 Nigeria Thermoplastic Polyester Elastomer Market - Opportunity Assessment |
9.1 Nigeria Thermoplastic Polyester Elastomer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Thermoplastic Polyester Elastomer Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Nigeria Thermoplastic Polyester Elastomer Market - Competitive Landscape |
10.1 Nigeria Thermoplastic Polyester Elastomer Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Thermoplastic Polyester Elastomer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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