The Thermoplastic Polyurethane (TPU) Films market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
TPU is a class of polyurethane plastics formed by the polyaddition reaction between a diisocyanate and one or more long- or short-chain diols. TPU films exhibit excellent toughness, flexibility, and abrasion resistance.
The increase in the number of wind mill installations is estimated to be one of the major factors that will have a positive impact on the global thermoplastic polyurethane (TPU) films market during the forecast period. One of the cost-effective source of renewable energy that can be used for the electricity generation is the wind energy. North America and Western Europe have highly contributed to the total number of wind tower installations globally. Wind energy is likely to cater to more than 18% of the global electric power by 2023 and countries such as the US is targeting at using renewable energy resources to meet the increased energy demand. The growth in the wind energy installations will drive the demand for TPU films.
APAC is expected to be the major revenue contributor to the market throughout the forecast period. The high utilization of TPU films in different end-user industries will drive the growth of the TPU films in this region.
s the report focuses on global Thermoplastic Polyurethane (TPU) Films market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
3M
AVERY DENNISON
BASF
Covestro
Huntsman International
PAR Group
...
Market Segment by Product Type
Polyester TPU
Polyether TPU
Polycaprolactone TPU
Market Segment by Application
Automotive
Building & Construction
Aerospace
Energy
Medical & Healthcare
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Thermoplastic Polyurethane (TPU) Films market for the forecast period 2020 - 2025?
• What are the driving forces in the Thermoplastic Polyurethane (TPU) Films market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Thermoplastic Polyurethane (TPU) Films industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?