Global Thermoplastic Polyurethane Market is growing to reach 2,607.35 thousand tonnes by 2025 from 1,630.00 thousand tonnes in 2017, at a CAGR of 6.2% in the forecast period 2018 to 2025.
Thermoplastic Polyurethane Market Research helps companies to obtain market information from different sources, and in multiple formats. It aims to study supply and demand, analyze data as per geography, age factors, demography, technology, product, psychographic & gender differences, and many other parameters. Access to in-depth market trends helps companies to assess the market effectiveness. Some of the multiple techniques used for market research include customer analysis, choice modeling, competition and risk analysis, product research, advertising the research, marketing mix modeling, simulated test marketing, and more.
Global Thermoplastic Polyurethane Market Industry 2018 Market Research Report focuses on price, sales, revenue and growth rate of each type, as well as the types and each type price of key manufacturers, through interviewing key manufacturers. Second on basis of segments by manufacturers, this report focuses on the sales, price of each type, average price of Credit Insurance, revenue and market share, for key manufacturers.
Complete report on Global Thermoplastic Polyurethane Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures
The major factors contributing to the growth of the market includes factors such as growing demand of thermoplastic polyurethane in automotive sector, scope of TPU innovation in footwear sector, growing application in medical sector. On the other hand, unstable raw material prices may hinder the market growth.
Key Questions Answered in Global Thermoplastic Polyurethane Market Report:-
Our Report offers:-
• What will the market growth rate, Overview and Analysis by Type of Global Thermoplastic Polyurethane Market in 2025?
• What are the key factors driving, Analysis by Applications and Countries Global Thermoplastic Polyurethane Market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Thermoplastic Polyurethane Market?
• Who are Opportunities, Risk and Driving Force of Global Thermoplastic Polyurethane Market?
• Who are the opportunities and threats faced by the vendors in Global Thermoplastic Polyurethane Market? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Global Thermoplastic Polyurethane Market opportunities, market risk and market overview of the Market?
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Covestro AGis going to dominate the global thermoplastic polyurethane market following with Huntsman International LLC and BASF SE. Some of the major players operating in this market are:-
- American Polyfilm Inc.,
- API (Trinseo),
- Hexpol AB,
- Kuraray Co. Ltd,
- The Lubrizol Corporation,
- Wanhua Chemical Group Co. Ltd.,
- Coim Group,
- Headway Group,
- Miracll Chemicals Co., Ltd among others.
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Global Thermoplastic Polyurethane Market is segmented on the basis of
- Product Type
- Raw Material
- End Users
Market Segmentations in Details:
- The global thermoplastic polyurethane market is segmented on the basis of product type, raw material end-user and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
- On the basis of Product Type, the global thermoplastic polyurethane market is segmented into Polyester, Polyether, Polycaprolactone. Global thermoplastic polyurethane market is dominated by polyester with 59.9% market share in 2018, growing at a CAGR of 6.2% in the forecast period.
- The global thermoplastic polyurethane market is segmented based on Raw Material into Diisocyante, Polyols, Diols. The Diisocyante market segment is expected to dominate the market. Global thermoplastic polyurethane market is dominated by diisocyante with 53.0% market share in 2018, growing at a CAGR of 6.8% in the forecast period.
- On the basis of End Users, the thermoplastic polyurethane market is classified into footwear, engineering, automotive, hose and tubing, building and construction, wires and cables and medical. Among these, in 2018 footwear segment dominated the market and the trend is expected to remain the same till 2025. Footwear is further sub segmented into shoes & soles and slippers. Engineering is further sub segmented into electronic devices and machinery parts. Automotive is further sub segmented into interior body parts and exterior body parts. Hose and tubing is further sub segmented into hoses, organic waste pipes and pneumatic and brake tube. Building and construction is further sub segmented into roofing membranes and cured in place pipe. Wires and cables is further sub segmented into telecommunication, transportation and mining. Medical is further sub-segmented into catheters, medical device housing and wound care products. The Footwear market segment is expected to dominate the market.
On the basis of Geography,
• North America
• South America
• Middle East & Africa
Some of the major factors driving the market for thermoplastic polyurethane market are growing demand of thermoplastic polyurethane in automotive sector, scope of TPU innovation in footwear sector, growing application in medical sector.
- Unstable raw material prices may hinder the market growth
- Many companies are increasingly focusing on technological advancement of thermoplastic polyurethane in order to strengthen their product portfolios in the thermoplastic polyurethane market.
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