openPR Logo
Press release

APEJ to Hold 50% of Global TPU Elastomers Market Share Through 2027

07-21-2021 09:56 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

The global thermoplastic polyurethane elastomers market surpassed US$ 2.5 billion in 2018, and a new study by Fact.MR estimates revenues to grow at 5.4% in 2019. According to the study, increasing demand for TPU elastomers in emerging economies of Asia Pacific excluding Japan (APEJ) continues to create sizeable opportunities for manufacturers. APEJ continues to hold over 50% share of TPU elastomers globally.

For detailed insights on enhancing your product footprint, request for a sample here - https://www.factmr.com/connectus/sample?flag=S&rep_id=3445&utm_source=openpr&utm_medium=Prasad

Analyzing the key factors that are fuelling TPU elastomers demand in APEJ, the study reports that strong presence of leading chemical companies along with increasing penetration of small- and medium-scale companies remain key growth drivers. Increasing investments by top-tiered players and rapidly-growing end-user industries continue to attract investments by market leaders, finds the Fact.MR study.

The Fact.MR study also assesses the business and product strategies of key players in the TPU elastomers market. Investments and expansion in Asia Pacific continue to be a key focus for stakeholders in the TPU elastomers market. BASF’s investment in Expanded Thermoplastic Polyurethane (E-TPU) Infinergy® at Changhua, Taiwan, and The Lubrizol Corporation’s investment in Songjiang (Shanghai) China plant are indicators of the growing prominence of APEJ among stakeholders.

For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=3445&utm_source=openpr&utm_medium=Prasad

Environmental Concerns Trigger Manufacturing Innovations

The study finds that although TPU elastomers have been witnessing incremental demand across versatile industrial applications, meeting the evolving sustainability requirements continues to be a challenge for stakeholders. Negative impacts of thermoplastics on the environment have been restricting manufacturers from exploring new niche applications. Thereby, leading stakeholders in the TPU elastomers market have been focusing on innovating their manufacturing strategies and technologies to discover biocompatible and biostable TPU elastomers.

According to the study, the focus on finding sustainable solutions is also driven by stringency in environmental regulations. In many countries of APEJ, environmental regulations have become more stringent over the years, and manufacturers have had to adapt to the changing status-quo.

For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/3445?utm_source=openpr&utm_medium=Prasad

Some notable examples include,
• In March 2019, Lubrizol International, Inc. announced the launch of a new, toluene-free Pearlbond™ TPU for films and adhesives, to expand its high-melt strength Pearlbond TPU portfolio. Toluene exposure can have hazardous impact on the environment as well human health. The company announced that the new Pearlbond TPU is toluene-free and recyclable, thereby environment-friendly, and it can be used in various applications such as furniture, footwear, automotive films, and apparels.
• In February 2019, A.P.I. Applicazioni Plastiche Industriali SPA – an Italian chemical company – announced the launch of the new recyclable TPU APILONTM52 A/C-series. The company declared that the new portfolio of its TPU elastomer products reduces the production cycle time by around 70% while significantly cutting the energy consumption and production costs.
• In October 2018, Covestro AG – a German stakeholder in the TPU elastomers market – discovered a new carbon dioxide (CO2)-based technology for manufacturing environmentally-friendly TPU elastomers. With growing concerns about ecological fallout, Covestro established partnerships with research institutes and other companies to boost the use of CO2technology as a synthesis platform for the large-scale production of TPU elastomers.

Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/31/2009290/0/en/Controlled-Release-Fertilizers-Sales-Invigorated-by-Improved-Crop-Efficiency-Polymer-Coated-NPK-Fertilizers-Significant-Contributors-Says-a-New-Fact-MR-Study.html

Fact.MR’s study tracks developments in the TPU elastomers market for the assessment period 2019-2027. According to the study, the TPU elastomers market is expected to envisage impressive growth at a CAGR of 5.9% during the assessment period.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
E: sales@factmr.com
Website: https://www.factmr.com
Content Source: https://www.factmr.com/media-release/972/global-tpu-elastomers-market

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release APEJ to Hold 50% of Global TPU Elastomers Market Share Through 2027 here

News-ID: 2334204 • Views: 200

More Releases from Fact.MR

Powder Dermatological Products Industry Outlook, Growth Prospects and Key Opport …
250 Pages Powder Dermatological Products Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider Subtitle – Powder Dermatological Products market analysis by Fact.MR offer divulges compelling insights into factors creating sales prospects across key segments, including (segment 1), (segment 2), and (segment 3). It offers an executive-level blueprint of strategies adopted by the key market players and analyzes the impact of the same on overall growth projection. The market
08-03-2021 | Health & Medicine
Fact.MR
Silicone-Based Foley Catheters Market Segments, Opportunity, Growth and Forecast …
The American Academy of Family Physicians (AAFP) estimates that the overall incidence of urinary retention is 4.5 to 6.8 per 1,000 men annually. Urological diseases, such as urinary retention, benign prostate hyperplasia (BPH), bladder obstruction, urinary incontinence and prostate cancer, have become increasingly prevalent throughout the world. The Demand analysis of Foley Catheters Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Foley Catheters
Acrylics Architectural Coatings Global Demand, Key Players, Overview, Supply and …
250 Pages Acrylics Architectural Coatings Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider Subtitle – Acrylics Architectural Coatings market analysis by Fact>MR identifies leading segments in terms of (segment 1), (segment 2), and (segment 3). The study is intended to inform business about key trends influencing behavior pattern of consumers. It also offers recommendations to help them make informed decisions and navigate through unforeseen challenges. Latest industry survey
08-03-2021 | Health & Medicine
Fact.MR
Bioabsorbable Osteosynthesis Devices Market Poised to Garner Maximum Revenues d …
The Global Bioabsorbable Osteosynthesis Devices Market study covers the projection size of the market both in terms of value and volume. The report estimates the lookup of different local distributors in the overall market and provides the market size of the Bioabsorbable Osteosynthesis Devices market using both bottom-up and top-down approaches. To Get In-depth Information View the Report – https://www.factmr.com/report/862/bioabsorbable-osteosynthesis-devices-market Bioabsorbable osteosynthesis devices have prevailed as one of the key areas of interest

All 5 Releases


More Releases for TPU

Global TPU Films Market, Global TPU Films Industry, Market Revenue, TPU Films Fo …
Thermoplastic polyurethane (TPU) film may be a flexible film with sturdy elongation and features that are comparable to maximum polyolefin films. They are sturdy, tough and elastic in nature. They are generally plasticizers free owing to that they don’t get hard over time. These films in addition have good flex presentation, tear strong point and abrasion resistance. They are extensively utilized within applications like building and construction, aerospace, railway, leisure
Thermoplastic Polyurethane (TPU) Market Research and Forecast 2019-2025
The global thermoplastic polyurethane (TPU) market is estimated to exhibit a CAGR of around 7% during the forecast period. Increasing use of TPU in a wide range of end-user industries such as electronics, footwear, industrial machinery, medical, and others has been a major driving factor for the growth of the global TPU industry. Increasing demand for TPU in the manufacturing of automotive interior components such as door panel and instrumental
Global TPU Films Market Huge Growth Opportunity between 2020-2025
LP INFORMATION recently released a research report on the TPU Films market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global TPU Films market by key players, product type, applications and regions,etc. The main objective of this market research is to help the readers understand the structure of TPU Films market, market definition, overview, industry opportunities and
Thermoplastic Polyurethane (TPU) Films Market – Global Industry 2016 – 2024
The global thermoplastic polyurethane (TPU) films market is characterized by the presence of large and well-known players, who account for over half the market. Leading manufacturers operating in the thermoplastic polyurethane films market include BASF SE, Covestro AG, The Lubrizol Corporation, Huntsman Corporation, Tosoh Corporation, Wanhua Chemical Group Co., Ltd., Huafon Group, Shanghai Lejoin Polyurethane Industrial Co., Ltd., and Polyol Macromolecule Polymer (Fujian) Co., Ltd. Request to view sample of this
TPU Films Market For Building and Construction, Aerospace, Footwear
MarketResearchReports.Biz adds “Global TPU Films Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the TPU Films and the growth estimates for the forecasted period. This report studies the TPU Films market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United
Global Thermoplastic Polyurethanes(TPU) Market 2017 - Polyone, COIM, BASF, Hunts …
Apex Research, recently published a detailed market research study focused on the "Thermoplastic Polyurethanes(TPU) Market" across the global, regional and country level. The report provides 360° analysis of "Thermoplastic Polyurethanes(TPU) Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Thermoplastic Polyurethanes(TPU) industry, and estimates the future trend of Thermoplastic Polyurethanes(TPU) market on