Thermoplastic Polyurethane Market 2018 Exclusive Analysis By Renowned Players | Chemical Group, Lubrizol Corporation, Taiwan Sheen Soon, Polyone Corporation, Miracll Chemical Co, Etc Up To 2026

Industry Highlights

According to Market Prognosis, 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. 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.

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.

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Market Top Player’s

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.

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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Market Segments

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.

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

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This release was published on openPR.