DUBLIN–(Business Wire)–Research and Markets has announced the addition of the “Global
Thermoplastic Polyurethanes(TPU) Market – Trends and Forecasts
(2015-2020)” report to their offering.
The Global TPU Market has been estimated at USD 1.921 billion in 2015
and is projected to grow at a CAGR of 5.27% during the forecast period.
TPU, owing to their high tensile strength, good hydrolytic stability,
high abrasion resistance, and resistance to chemicals, oils and UV
light, is becoming an integral part of various commercial and industrial
sectors. The TPU market report has taken the following major end-user
sectors into consideration: Construction, Automobile, Footwear, Wire and
Cable, Medical, Hose/Pipe, Electronics, Heavy Engineering, and others.
This market is driven by a number of factors, such as Extensive demand
from Automobile Industry growing automotive industry Newer Applications
in Medical Industry, and recyclability. However, this market faces
certain drawbacks, such as Higher Manufacturing Cost, Production
Constraints and Lack of Awareness in Emerging Economies. These factors
may act as a roadblock to the growth of the market.
The market has also been geographically segmented into Asia-Pacific,
North America, Europe, South America, and MEA. In terms of consumption
in 2015, APAC led the market with a share of more than 50%. It was
followed by Europe and North America. With the improvement in the
financial status of the consumers, the purchasing power of the middle
class consumers has increased, which in turn is accelerating the demand
for automobiles and buildings in the Asia-Pacific region, thereby TPU’s
are extensively being used as a replacement for PVC in the Medical
However, the dearth of stringent norms regarding VOC emission from
paints, coatings, and adhesives in the developing country in this region
has considerably hindered the growth of this market.
Key Topics Covered:
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
- Alliance Polymer and Services
- Austin Novel Materials
- BASF Polyurethanes
- Bayer MaterialScience
- Dow Plastics
- Headway Polyurethane
- Identity Group
- Lubrizol Corp.
- Perfectex Plus
- Polyone Corp.
- Saco Polymers
- Seal Science
- Shin Etsu Polymer
- Siloxane Aggrandize Innovative Industries
- Taiwan Sheen Soon
- Walton Plastics
- Wanhua Chemical Group Co. Ltd.
For more information visit http://www.researchandmarkets.com/research/6bldx4/global
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