Global Thermoplastic Polyurethane (TPU) Market is Expected to Cross
USD 1,746.9 Million in 2018: Transparency Market Research
ALBANY, New York, November 21, 2012 /PRNewswire/ --
According to a new market report published by Transparency
Market Research (http://www.transparencymarketresearch.com)
"Thermoplastic Polyurethane (TPU)
Market- Global Industry Analysis, Market Size,
Share, Trends, Analysis, Growth and Forecast,
2012 - 2018," the global thermoplastic
polyurethane (TPU) demand was worth USD
987.2 million in 2010 and is expected to reach USD 1,746.9 million in 2018, growing at a CAGR of
over 5.5% from 2013 to 2018. EMEA (Europe, Middle
East and Africa) dominates
the global market in terms of demand, although Asia Pacific is expected to be the most
promising market in the near future.
Browse the full report
athttp://www.transparencymarketresearch.com/tpu-market.html
The global market for thermoplastic polyurethane is mainly
driven by the growth in the global footwear and cars market.
However, due to volatility in raw material prices and increasing
environmental concerns the market is being restrained.
The TPU market by application in terms of volume and revenue is
dominated by extrusion. Extrusion market by volume is growing at a
CAGR of 5.1% from 2013 to 2018.Following extrusion, the market for
injection molding and adhesive and sealants is also witnessing
significant growth. In terms of revenue, the market of extrusion is
growing at a CAGR of 5.7% from 2013 to 2018.
With respect to end use, TPU is widely used in wire and cable,
hose and tubing and automotive sectors. Wire and cable dominates
the market in terms of revenue and volume followed by hose and
tubing and automotive. The automotive sector occupies the largest
market share in the TPU market and the growth is primarily driven
by the expansion of the global automobiles market where TPU is
being used to manufacture interior design products for automobiles
including dash boards. In terms of revenue the market for
wire and cable is growing at a CAGR of 5.9% from 2013 to 2018.
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EMEA is the market leader for TPU, growing at a CAGR of 4.9%
from 2013 to 2018 in terms of revenue. But in future, growth is
expected to be robust in the market of Asia Pacific. In EMEA, Germany dominates the market for TPU in terms
of revenue and volume followed by U.K and Italy. In Asia
Pacific, China is the most
attractive market growing at a CAGR of 7.8% from 2013 to 2018 in
terms of volume. The markets of RoW are also showing huge signs of
growth.
Some of the key players of the market are Bayers AG, BASF,
Huntsman Corporation, Nippon Polyurethane, LUBRIZOL, and Yantai
Wanhua Polyurethane Co., Ltd.
This research is specially designed to estimate and analyze the
demand and performance of TPU in a global scenario. The research
provides in-depth analysis of TPU manufacturers, product sales, and
trend analysis by segments and demand by geography. The report
covers all the major product segments of the TPU market and
provides in-depth analysis, historical data and statistically
refined forecast for the segments covered. The study presents a
comprehensive assessment of the stakeholder strategies, winning
imperatives for them by segmenting the TPU market as below:
- Global TPU market, by applications
- Injection molding
- Extrusion
- Adhesives and Sealants
- Paints and Coatings
- Global TPU market, by end use
- Automotive
- Construction
- Electronics and Appliances
- Hose and Tubing
- Footwear
- Wire and Cable
- Others ( Industrial insulation, CASE and so on)
In addition the report provides a cross-sectional analysis of
all the above segments with respect to the following geographical
markets:
North
America
- U.S.
- Mexico
EMEA
- Germany
- United Kingdom
- Italy
Asia-Pacific
- China
- India
- Japan
- South Korea
- Taiwan
Rest of the World (RoW)
- Brazil
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