Global Thermoplastic Polyurethane Industry Analysis and Market Trends Display Rapid Expansion Until 2021

Published on : Jul 25, 2017

Albany, New York, July 25, 2017: Thermoplastic polyurethane (TPU) is one of today's most rapidly expanding polymer markets due to the versatility of the polymer. All thermoplastic polyurethane elastomers exhibit excellent abrasion, wear resistance and tear strengths. In fact, it has been used as a fabric coating material in the textile industry for over 30 years. Market Research Hub (MRH) has freshly added a new study on the global market thermoplastic polyurethane to it vast research portfolio, which is titled as “Global Thermoplastic Polyurethane Industry 2017, Trends and Forecast Report”. This 163 pages report gives comprehensive insights into the present state of this market and contains several forward-looking statements regarding the potential growth prospects of crucial elements and segments of the market.

In the initial section, this report examines the market with a ground-up approach, beginning with details regarding industry specific definitions of thermoplastic polyurethane, major product types in the market and key application areas. Polyurethanes are well known and one of the most adaptable plastic material owing to its properties such as elasticity, transparency, and resistance to oil, grease and abrasion. Likewise, thermoplastic polyurethanes (TPUs) are elastomers produced by thermoplastic methods. These are used in the Automotive, Footwear, Infrastructure, and Heavy Engineering industries because of their high tensile strength, abrasion resistance, and low-temperature properties.

The research further analyzes the market current scenario by focusing some prime regions where the market is active widely. The global TPU industry is spread across various regional markets such as North America, Europe and Asia-Pacific; and the main countries including United States, Japan, Germany, United Kingdom, South Korea and China. These regions are analyzed including the details of product price, profit, capacity, production, supply, demand and market growth rate and forecast to 2021.

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. As per the key findings, the global thermoplastic polyurethane (TPU) market is expected to witness significant growth owing to increasing demand from the automotive sector and its increasing applications in medical industry. Apart from that, Footwear segment is also expected to grow at a significant pace owing to the adoption of TPU’s in footwear by the leading market players.

Detailed insights into the competitive landscape of the global thermoplastic polyurethane market have also been given in the report with the help of business profiles of the most influential vendors in the market. At last, the report acquaints with new project SWOT analysis, investment feasibility analysis and investment return analysis.

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