Thermoplastic Polyurethane (TPU) Market Size & Growth

 

According to studies performed by GME on the Thermoplastic Polyurethane Market, it is expected to get an impressive growth of the market in between 2020-2026 timespan at a CAGR of 7.4%.

The prime reason behind the significant growth of the market is the unique properties offered by thermoplastic polyurethane products such as fully recyclable, and biodegradable nature with zero environmental damage as compared to the existing polymers thus creating the demand for the products. Also, the growing popularity of the product in various end-user industries is adding value to the overall market of the product. In recent times thermoplastic polyurethane is highly preferred as a sole alternative for metal to improve fuel efficiency by reducing the weight of the automobile. The growing market of footwear and aircraft in economically growing countries is responsible to create huge demand for thermoplastic polyurethane products. In aircraft industries, they play a vital role in manufacturing several components such as armrest, electronic housing, seat over, and high touché surface of the system.

 

Browse 178 Market Data Tables and 112 Figures spread through 185 Pages on "Global Thermoplastic Polyurethane (TPU) Market - Forecasts to 2026" https://www.globalmarketestimates.com/market-report/global-thermoplastic-polyurethane-tpu-market-2492

By Raw material (Diisocyanate, Diols, and Polyols); By Type (Polyether, Polyester, and Polycaprolactone); By End-use Industry ( Automotive, Industrial Machinery, Footwear, Electronics, Medical and Others [textile, building & construction, and consumer goods]); By Region (North America, Europe, Asia Pacific, MEA, and CSA), Company Market Share & Competitor Analysis

Key Market Insights:

·         The Global Thermoplastic Polyurethane (TPU) Market is expected grow with a CAGR value of 7.4% during 2020-2026

·         Diisocyante is expected to dominate the thermoplastic polyurethane raw material market owing to the unique features and functional versatility of the product.

·         Polycaprolactone is the fastest-growing segment followed by polyester as the largest segment of the thermoplastic polyurethane

·         Asia-Pacific is estimated to register the highest CAGR of thermoplastic polyurethane during the aforementioned period.

 

 

Key global players in the Global Thermoplastic Polyurethane (TPU) Market includeHuntsman Corporation, Lubrizol Corporation, Covestro AG, COIM Group, Polyone Corporation,American Polyfilm Inc, Kuraray Co., Ltd, BASF SE, and Wanhua Industrial Group among others.

 

Browse the Global Thermoplastic Polyurethane (TPU) Market Report @: https://www.globalmarketestimates.com/market-report/global-thermoplastic-polyurethane-tpu-market-2492

 

·         Raw Material Outlook (Revenue, USD Billion, 2020 - 2026)

·         Diisocyanate

·         Diols

·         Polyols

 

·         Type Outlook (Revenue, USD Billion, 2020 - 2026)

·         Polyether

·         Polyester

·         Polycaprolactone

 

·         End-use IndustryOutlook (Revenue, USD Billion, 2020 - 2026)

·         Footwear

·         Automotive

·         IndustrialMachinery

·         Electronics

·         Medical

·         Others

 

·         Regional Outlook (Revenue, USD Billion, 2020 - 2026)

·         North America

·         U.S.

·         Canada

·         Mexico

·         Europe

·         Germany

·         UK

·         France

·         Spain

·         Italy

·         Rest of Europe

·         Asia Pacific

·         China

·         India

·         Japan

·         South Korea

·         Australia

·         Rest of APAC

·         Central & South America

·         Brazil

·         Argentina

·         Chile

·         Rest of CSA

·         Middle East & Africa

·         Saudi Arabia

·         South Africa

·         UAE

·         Rest of MEA

 

 

Contact: Yash Jain

Email address: sales@globalmarketestimates.com

Phone Number: +16026667238

Website: https://www.globalmarketestimates.com/

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