Press release
TPU (Thermoplastic Polyurethanes) Market 2021 Analysis by Global Manufacturers - BASF Polyurethanes (Germany), The Lubrizol Corporation (U.S.), Covestro AG (Germany)
The report presents an in-depth assessment of the TPU (Thermoplastic Polyurethanes) Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents SWOT Analysis and forecast for TPU (Thermoplastic Polyurethanes) investments. The final report copy provides the impact analysis of novel COVID-19 pandemic on the TPU (Thermoplastic Polyurethanes) market as well as variation during the forecast period from 2021 till 2027(Exclusive Offer: Flat 20% discount on this report)
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Top Companies in the global TPU (Thermoplastic Polyurethanes) market are BASF Polyurethanes (Germany), The Lubrizol Corporation (U.S.), Covestro AG (Germany), Huntsman Corporation (U.S.), Wanhua Chemical Group Co., Ltd. (China)
The Thermoplastic Polyurethane Market is valued at USD 2,326.46 million in 2020, and it is projected to register a CAGR of over 6.5% by 2026.
Regional Analysis:
The Asia-Pacific region accounted for the largest share of the regional market for thermoplastic polyurethane. Owing to the increasing automotive demand and the increasing demand for textile and footwear, TPU-based adhesives and sealants are expected to witness a healthy growth rate in the region.
The Chinese footwear industry is the largest in the world, with a robust network of domestic sales and exports to major countries. As leather footwear accounts for the largest share of the footwear industry in China, the demand for TPU adhesives is estimated to be the strongest in China, compared to other parts of the world.
Industry News:
In May 2019, BASF announced plans to build an engineering plastic compounding plant and a thermoplastic polyurethane (TPU) plant at the company’s proposed integrated chemical production Verbund site in Zhanjiang, China, by 2022. The expansion of the production capacity will bring the total capacity of these products in Asia-Pacific to 290,000 MTPA.
In May 2019, Covestro AG announced the completion of thermoplastic polyurethane (TPU) capacity expansion at its Changhua manufacturing site in Taiwan. With the expansion, the site’s production capacity increased by 30% to meet the growing demands in APAC.
The market is divided into types are
Polyester
Polyether
Polycaprolactone
The market is divided into application are
Automotive
Footwear
Engineering
Building & Construction
Wires & Cables
Hose & Tubing
Medical
Regional Analysis:
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)
Browse the report description:
https://www.marketinsightsreports.com/reports/03202720403/2020-2025-global-tpu-thermoplastic-polyurethanes-market-report-production-and-consumption-professional-analysis-impact-of-covid-19?mode=Neha
Highlights of TPU (Thermoplastic Polyurethanes) Market:
-The report provides a detailed analysis of current and future market trends to identify the investment opportunities of the Market.
-Key TPU (Thermoplastic Polyurethanes) market trends across the business segments, regions and countries
-Key developments and strategies observed in the market
-In-depth company profiles of key players and upcoming prominent players
-Key market dynamics such as drivers, restraints, opportunities and other trends
Important Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of TPU (Thermoplastic Polyurethanes) Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of TPU (Thermoplastic Polyurethanes) Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
Customization of the Report: The report can be further customized according to the client’s specific research requirements. No additional charges will be added for limited additional research.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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