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The global thermoplastic polyurethane (TPU) market is estimated to exhibit a CAGR of around 7% during the forecast period. Increasing use of TPU in a wide range of end-user industries such as electronics, footwear, industrial machinery, medical, and others has been a major driving factor for the growth of the global TPU industry.
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Orion Market Research Thermoplastic Polyurethane (TPU) Market Research and Forecast 2019-2025 Request a free sample of our report on Thermoplastic Polyurethane (TPU) Market: https://www.omrglobal.com/request-sample/thermoplastic-polyurethane-tpu-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The global thermoplastic polyurethane (TPU) market is estimated to exhibit a CAGR of around 7% during the forecast period. Increasing use of TPU in a wide range of end-user industries such as electronics, footwear, industrial machinery, medical, and others has been a major driving factor for the growth of the global TPU industry. Increasing demand for TPU in the manufacturing of automotive interior components such as door panel and instrumental panel tends to further expand the global TPU market size in the near future. A full report of Global Thermoplastic Polyurethane (TPU) Market is available at: https://www.omrglobal.com/industry-reports/thermoplastic-polyurethane-tpu-market Increasing preference of consumers for high performance and lightweight passenger cars has been driving plastics innovation in automotive manufacturing. These factors have resulted in an increased consumption of thermoplastics in the automotive industry. Thermoplastics possess superior physical and chemical properties as compared to that of thermoset plastics, and thus, are widely preferred in terms of applications. The high substitution rate of TPU as an alternative to ethylene propylene diene monomer in construction materials further tends to complement the global demand of TPU during the forecast period. To learn more about this report request a free sample copy @ https://www.omrglobal.com/request- sample/thermoplastic-polyurethane-tpu-market The footwear industry is a major application for TPU and TPU-based adhesive is widely used for shoes joining purpose in the footwear industry. There is an increasing demand for footwear incountries, such as China, and India, which in turn drives the growth of the TPU market. Moreover, owing to the increasing demand for fancy, trendy, and comfortable footwear among all age groups tend to increase the demand for TPU-based adhesive in the footwear industry and hence tend to drive the growth of the overall market. Apart from footwear, automotive, industrial machinery, electronics, medical, and other industries in which TPU find applications include furniture and textile. In the furniture industry, adhesives and sealants manufactured from TPU are widely adopted in the lamination of plastic films onto kitchen or bathroom furniture applications. The demand for TPU-based adhesives in this industry is owing to the good bonding provided by it to wood and plastics, such as PVC. TPU-based adhesives are also used in the textile industry for making heat-sealable fabrics.
Global TPU Market-Segmentation By Raw Material Polyol Diisocyanate Diols By Application Footwear Industrial Machinery Automotive Electronics Medical Others For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/thermoplastic-polyurethane-tpu-market Global TPU Market– Segment by Region North America United States Canada Europe Germany United Kingdom France Spain Italy Rest of Europe
Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Middle East & Africa Latin America Company Profiles BASF SE Coim Group Covestro AG DingZing Advanced Materials Inc. EpaflexPolyurethanes Spa Hexpol AB Huafeng Group Huntsman International LLC MH&W International Corp. Mitsubishi Chemical Corp. Mitsui Chemicals Inc. NovotexItaliana SpA PolyOne Corp. Sanyo Corp. Schweitzer-Mauduit International Inc SONGWON Sumei Chemical Co. Ltd Suzhou Austin Novel Materials Co. Ltd The Lubrizol Corp. Tosoh Corporation Wanhua Chemical Group Co., Ltd.
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