Thermoplastic Polyurethane Market Size, Share, Report, Analysis, Trends & Forecast to 2026

According to Stratistics MRC, the Global Thermoplastic Polyurethane Market is accounted for $1.80 billion in 2017 and is expected to reach $3.65 billion by 2026 growing at a CAGR of 8.1% during the forecast period.

Gaithersburg, MD, US - June 14, 2018 /MarketersMedia/ —

Factors such as growing penetration of high-performance films in various automotive applications, increasing demand from medical industry and innovation in footwear sector, need for environment-friendly and recyclable product are boosting the market growth. However, stiff competition from compound plastics and unstable raw material prices may hinder the market growth.

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Thermoplastic Polyurethanes (TPU) are a class of polyurethane that possess properties of both plastics and elastomers. They are colourless translucent materials that have high shear strength. They possess high abrasion resistance and have excellent impact strength even at low temperatures. They exhibit elastic properties that span across their complete range of hardness. They possess good flexibility over a wide range of temperatures.

Based on application footwear segment is largely influenced by consumer trends and fashions. Increasing demand for fancy and trendy comfortable footwear among all age groups. The medical segment is projected to grow at the highest CAGR during the forecast period due to its high-performance characteristics, resistance to chemicals and oils, improved mechanical properties and durability. Melt-processable polyurethanes are applied in making catheters, such as central-venous access catheters, over-the-needle IV catheters and multi-lumen catheters. They are also used in wound dressing. Asia-Pacific is witnessed to dominate the market, in terms of revenue and CAGR during the forecast period owing to increased demand from the footwear and engineering industries from emerging economies, such as India and China.

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Wanhua Chemical Group Co., Ltd., Lubrizol Corporation, Taiwan Sheen Soon, Polyone Corporation, Miracll Chemical Co. Ltd, Kuraray Co., Ltd., Huntsman Corporation, Hexpol AB, Headway Polyurethane Co. Ltd., Covestro AG, Coim Group, BASF Polyurethanes GmbH (BASF SE), API Plastics, American Polyfilm, Inc., Yantai Wanhua, 3M Company, Avery Dennison, MH&W International Corp. and Permali Gloucester Limited are some of the leading players operating in the Thermoplastic Polyurethane market.

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Types Covered:
• Polycaprolactone
• Polyether
• Polyester

Raw Materials Covered:
• Diols
• Diisocyante
• Polyols

End-Users Covered:
• Wires & Cables
• Building & Construction
• Engineering
• Medical
• Automotive
• Footwear
• Hose & Tubing
• Furniture
• Aerospace
• Other End Users

Applications Covered:
• Extrusion
• Paints & Coatings
• Adhesives & Sealants
• Injection Molding

Grades Covered:
• Antistatic
• Flame Retardant
• Reinforced

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: info@strategymrc.com
Organization: Stratistics Market Research Consulting Pvt Ltd

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Release ID: 360309