Press release
Thermoplastic Polyurethane Market 2021 : Polyester, Polyether, and Polycaprolactone
Thermoplastic Polyurethane
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The thermoplastic polyurethane (TPU) market is projected to reach USD 2.48 billion by 2021, at a CAGR of 6.8% from 2016 to 2021, in terms of value. Increased investments in new automotive manufacturing plants across the globe are fueling the growth of the thermoplastic polyurethane (TPU) market as thermoplastic polyurethane (TPU) is being increasingly used in manufacturing interior and exterior components, such as panels for inner parts of hoods of automobiles (hoodliners), engine parts, and impact absorbers, among others. Higher costs of thermoplastic polyurethane as compared to conventional plastics, such as polyethylene (PE), polypropylene (PP), polyurethane, and others is expected to restraint the growth of the thermoplastic polyurethane (TPU) market between 2016 and 2021
Among types, the polycaprolactone segment of the thermoplastic polyurethane (TPU) market is projected to grow at the highest CAGR, in terms of volume and value during the forecast period, 2016 to 2021. Polycaprolactone possesses inherent toughness and resistance of polyester-based thermoplastic polyurethanes, combined with low temperature performance and relatively high resistance to hydrolysis, thereby enabling use of polycaprolactone in hydraulic and pneumatic seal applications.
The breakdown of primary interviews is given below:
• By Company Type - Tier 1-33%, Tier 2-60%, and Others-7%
• By Designation – C-Level-56%, Director Level-33%, and Others-11%
• By Region - North America-13%, Europe-47%, Asia-Pacific-20%, Middle East & Africa-13%, and South America-7%
The key companies profiled in this market research report are BASF Polyurethanes (Germany), The Lubrizol Corporation (U.S.), Covestro AG (Germany), Huntsman Corporation (U.S.), and Wanhua Chemical Group Co., Ltd. (China), among others.
Research Coverage:
The thermoplastic polyurethane (TPU) market has been segmented on the basis of type, end-use industry, and region. This report covers the thermoplastic polyurethane (TPU) market, in terms of value as well as volume, and forecasts its size till 2021. The report also provides company profiles and competitive strategies adopted by the key players in the thermoplastic polyurethane (TPU) market to strengthen their position in the market.
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Key points from table of content:
Company Profiles :
(Overview, Products & Services, Strategies & Insights, Developments)*
• American Polyfilm, Inc.
• BASF Polyurethanes GmbH (BASF SE)
• Covestro AG
• Plastics
• Hexpol AB
• Huntsman Corporation
• Kuraray Co., Ltd.
• The Lubrizol Corporation
• Polyone Corporation
• Wanhua Chemical Group Co., Ltd.
• Other Key Market Players
• Coim Group
• Headway Polyurethane Co. Ltd.
• Miracll Chemical Co. Ltd.
• Taiwan Sheen Soon
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