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Global Thermoplastic Polyurethane (TPU) Market Size, Competitive Analysis, Share, Forecast- 2019-2025

11-24-2020 12:58 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orian Research

Global Thermoplastic Polyurethane (TPU) Market

Global Thermoplastic Polyurethane (TPU) Market

The global thermoplastic polyurethane (TPU) market is estimated to grow at a considerable CAGR of around 7% during the forecast period. The market growth is attributed to the increasing applications of TPU in the medical industry owing to the material being environment-friendly and recyclable. In addition, shifting trend towards the development of bio-based products coupled with the increasing R&D activities by the industry players tend to create ample opportunity for the growth of the global TPU market in the near future.
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Moreover, TPU-based adhesives and sealants find a broad range of applications in a number of industries that leverage their broad combination of properties. These adhesives and sealants are suitable for usage in several end-user industries, such as transportation, furniture, textile, and footwear. In addition, TPU-based hot melt adhesives are extensively used in the textile industry for making heat-sealable fabrics that are obtained by coating processes, such as scattering or dot coating.
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Market Segmentation
Global TPU Market by Raw Material
• Polyols
• Diisocyanate
• Diols
Global TPU Market by Application
• Footwear
• Industrial Machinery
• Automotive
• Electronics
• Medical
• Others
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• BASF SE
• Coim Group
• Covestro AG
• DingZing Advanced Materials Inc.
• EpaflexPolyurethanes Spa
• Hexpol AB
• Huafeng Group
• Huntsman International LLC
• MH&W International Corp.
• Mitsubishi Chemical Corp.
• Mitsui Chemicals Inc.
• NovotexItaliana SpA
• PolyOne Corp.
• Sanyo Corp.
• Schweitzer-Mauduit International Inc
• SONGWON
• Sumei Chemical Co. Ltd
• Suzhou Austin Novel Materials Co. Ltd
• The Lubrizol Corp.
• Tosoh Corporation
• Wanhua Chemical Group Co., Ltd.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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