Press release
Rising Demand for Thermoplastic Polyurethane Films Driven by Multiple Industries
Thermoplastic Polyurethane films Market
The automotive sector is a key driver of TPU films demand, with global car sales hitting approximately 67.2 million vehicles in 2022, a slight increase from 66.7 million units in 2021. This surge is attributed to the popularity of electric vehicles and the need for lightweight components that improve fuel efficiency. Manufacturers are reporting higher orders as they strive to meet this demand. Notably, RODIM, a BASF brand, introduced a new thermoplastic polyurethane Paint Protection Film (PPF) in August 2022, specifically designed to protect automotive coatings from UV damage and environmental factors.
Despite this growth, the TPU films market faces challenges, particularly due to fluctuating raw material prices. The production of TPU relies on specific materials whose prices can vary significantly due to geopolitical tensions and supply chain disruptions. This unpredictability poses challenges for manufacturers, affecting their profit margins and long-term planning capabilities.
To Understand Business Strategies, Request For a Sample Report at: https://www.emergenresearch.com/request-sample/2831
Market Segmentation Insights
The global TPU films market can be segmented based on type, application, and end-use.
Type Insights:
The market is categorized into polyester, polyether, and polycaprolactone segments. The polyester segment dominated the market in 2022, driven by its widespread use in packaging, clothing, and automotive interiors. Polyester's strong mechanical properties make it suitable for a variety of applications, particularly in the clothing sector where easy-care fabrics are in high demand. The packaging industry has also seen significant growth, with companies like BASF investing in sustainable recycling technologies to enhance the environmental benefits of polyester.
Application Insights:
In terms of applications, the TPU films market includes lightweight materials, flexible packaging, footwear, and others. The lightweight materials segment held the largest market share in 2022, primarily due to the increasing adoption of TPU films in aerospace and automotive industries. These films not only enhance performance but also offer protection to sensitive components, making them invaluable in both sectors.
End-Use Insights:
The market is further segmented by end-use, including electronics, automotive, aerospace, and construction. The construction segment is projected to experience rapid growth, driven by the rising demand for lightweight materials in building projects. TPU films are ideal for construction due to their electrical insulation, flexibility, and UV resistance, which contribute to the durability and longevity of structures. Their ability to bond intricately with various materials allows for innovative designs in furniture and building applications.
Click here to Get customization @ https://www.emergenresearch.com/request-for-customization/2831
Thermoplastic Polyurethane Films Top Companies and Competitive Landscape
The global Thermoplastic Polyurethane Films market is fragmented, with large and medium-sized players accounting for the majority of market revenue. Major players are deploying various strategies, entering into mergers & acquisitions, strategic agreements & contracts, developing, testing, and introducing more effective Thermoplastic Polyurethane films.
Some of the major companies included in the global Thermoplastic Polyurethane Films market report are:
PAR Group
Huntsman Corporation
BASF SE
The Lubrizol Corporation
3M
Avery Dennison
American Polyfilm Inc.
Permali Gloucester Ltd.
MH&W International Corp.
Plastic Film Corporation of America
Bayer AG
Perfectex Plus LLC.
Wiman Corporation
Nihon Matai Co. Ltd
DUNMORE
Thermoplastic Polyurethane Films Latest Industry Updates
On June 30, 2023, BASF continued to demonstrate its commitment to helping customers achieve sustainability goals and progress on their green journeys by rolling out more site certifications to verify the chain of custody products: BASF's Thermoplastic Polyurethane plants in mainland China and Taiwan has received international carbon and sustainability certification (ISCC PLUS). This certification enables BASF to bring sustainable quality to its TPU products. This certification confirms claims that BASF's reduced carbon footprint (PCF) TPU products manufactured in factories in mainland China and Taiwan are manufactured using renewable raw material input solutions. created by mass balance method.
On August 13, 2020, Lubrizol invested globally to support the development of surface protection and paint protection films. Lubrizol has made various investments in its thermoplastic polyurethane business globally to support the rapid growth of surface protection applications. These investments expand the company's capabilities in surface protection and Paint Protection Films (PPF), providing additional benefits to PPF manufacturers, brand owners, and their supply chains. PPF is used to maintain the long-term beauty of vehicle surfaces.
Thermoplastic Polyurethane Films Market Segmentation Analysis
For the purpose of this report, Emergen Research has segmented global Thermoplastic Polyurethane Films market on the basis of type, application, end-use, and region:
Type Outlook (Revenue, USD Million, Volume Kilotons; 2019-2032)
Polyester
Polyether
Polycaprolactone
Application Outlook (Revenue, USD Million, Volume Kilotons; 2019-2032)
Lightweight Materials
Furniture
Energy
Flexible Packaging
Footwear
Adhesives
Others
End-Use Outlook (Revenue, USD Million, Volume Kilotons; 2019-2032)
Electronics & Semiconductors
Packaging
Automotive
Aerospace & Defense
Others
Regional Outlook (Revenue, USD Million, Volume Kilotons; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
Browse Detailed Research report @ https://www.emergenresearch.com/industry-report/thermoplastic-polyurethane-films-market
Industry Analysis Report: Insights into Current and Future Trends
Thermoplastic Polyurethane (TPU) films Market Size @ https://www.emergenresearch.com/industry-report/thermoplastic-polyurethane-films-market/market-size
Thermoplastic Polyurethane (TPU) films Market Share @ https://www.emergenresearch.com/industry-report/thermoplastic-polyurethane-films-market/market-share
Thermoplastic Polyurethane (TPU) films Market Trends @ https://www.emergenresearch.com/industry-report/thermoplastic-polyurethane-films-market/market-trends
Thermoplastic Polyurethane (TPU) films Regional Market Demand @ https://www.emergenresearch.com/industry-report/thermoplastic-polyurethane-films-market/regional-market-demand
Thermoplastic Polyurethane (TPU) films Market Analysis @ https://www.emergenresearch.com/industry-report/thermoplastic-polyurethane-films-market/market-analysis
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com
Visit for More Insights: https://www.emergenresearch.com/insights
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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 Rising Demand for Thermoplastic Polyurethane Films Driven by Multiple Industries here
News-ID: 3682975 • Views: …
More Releases from Emergen Research
Global Internet of Things (IoT) in Healthcare Market to Reach USD 299.05 Billion …
The global Internet of Things (IoT) in Healthcare Market was valued at USD 299.05 billion in 2023 and is expected to grow at a CAGR of 16.5% during the forecast period. This growth is fueled by the rising use of connected healthcare devices, increasing demand for early disease detection through remote monitoring, and growing adoption of artificial intelligence (AI) tools within IoT-based healthcare systems.
The market is also benefiting from the…
Global Stem Cell Therapy Market to Reach USD 49.2 Billion by 2034, Growing at 13 …
The global Stem Cell Therapy Market, valued at USD 13.7 billion in 2024, is projected to reach USD 49.2 billion by 2034, expanding at a compound annual growth rate (CAGR) of 13.6%. Growth is being fueled by the rising burden of chronic diseases, rapid progress in cell-based studies, and increasing investments in regenerative medicine and personalized healthcare solutions.
Stem cell therapies offer the ability to repair, replace, or restore damaged tissues…
Artificial Intelligence Strengthens Cybersecurity as Threats Grow More Sophistic …
The global Artificial Intelligence in cybersecurity market size was USD 23.8 Billion in 2023 and is expected to reach a market valuation of USD 29.44 billion by the end of 2024 registering a CAGR of 23.7% during the forecast period. The adoption of Artificial Intelligence (AI) in cybersecurity is rapidly gaining traction as organizations worldwide face increasingly complex and frequent cyber threats. By combining advanced technologies such as Machine Learning…
Global Regenerative Medicine Market to Reach USD 125.6 Billion by 2034, Growing …
The global regenerative medicine market, valued at USD 34.2 billion in 2024, is set to grow to USD 125.6 billion by 2034, expanding at a compound annual growth rate (CAGR) of 13.9%. Growth is being fueled by rising approvals of advanced therapies, strong demand for personalized treatments in cancer and orthopedics, and expanding cell and gene therapy manufacturing across major markets such as North America, Europe, and Asia.
Once seen as…
More Releases for Thermoplastic
Thermoplastic Filler Market Size Analysis by Application, Type, and Region: Fore …
USA, New Jersey- According to Market Research Intellect, the global Thermoplastic Filler market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Thermoplastic Filler Market is experiencing steady growth, driven by increasing demand across industries such as automotive, construction, and packaging. These fillers are widely used…
Thermoplastic Valves Market Business Strategies and Challenges, Growth Drivers t …
CALIFORNIA, (UNITED STATES) - According to QYResearch New Study Report 'Thermoplastic Valves Market 2024' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular…
Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) Market Siz …
LP INFORMATION offers a latest published report on Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report.
According to this study, over the next five years the Thermoplastic Elastomers (TPEs) and Thermoplastic Vulcanizates (TPVs) market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million…
Mouth Guard Market Segmented By Manufacture - poly (vinyl acetate-ethylene) copo …
Mouth Guard Market- Overview
Mouth guard like several other sports accessories surfaced as one of the essential product, and witnessed rapid proliferation in preference among contact as well as non-contact sports participants. Made of thermoplastic, mouth guard is used to prevent injury in contact sports, such as but not limited to boxing, mixed martial arts, football, basketball, baseball, hockey. Mouth guard over recent times has also been reported to be a…
Thermoplastic Elastomers (TPE) Market Segmentation by Product Types (Styrene-bas …
Thermoplastic Elastomers (TPE) Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers, and the current and future trends. Thermoplastic Elastomers are the class of polymers which consist of thermoplastics and elastomeric properties. Thermoplastic elastomers consist of several properties such as high flexibility, slip resistance, electric…
Thermoplastic Elastomers (TPE) Market | By Product | Thermoplastic Polyolefins , …
The Thermoplastic Elastomers (TPE) market research report recently published by Crystal Market Research Reports offers a detailed study of Thermoplastic Elastomers (TPE) industry across the globe with prime focus on major regions including North America, Europe, and Asia. Intially, the report covers basic information related to Thermoplastic Elastomers (TPE) market such as Thermoplastic Elastomers (TPE) definition, product types, range of applications, supply and demand analysis of Thermoplastic Elastomers (TPE) industry.
The…
