Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

Oct 2, 2019 8:00 AM ET

Thermoplastic Polyurethane Films Market | 5.68% CAGR | Strategic Analysis | Industry Data | 2019-2025 | OGAnalysis




iCrowd Newswire - Oct 2, 2019

Global Thermoplastic Polyurethane Films Market is set to growth with CAGR of 5.68% during 2019 to 2025

 Thermoplastic polyurethane market forecast  through 2025

The Thermoplastic Polyurethane Films Market is showcasing growth with 5.68% CAGR over the forecast period. The market growth is driven by large consumption of thermoplastic polyurethane across wide range of applications including automotive, aerospace, construction, medical, and others.

In addition, the portfolio of thermoplastic polyurethane with properties such as recyclability and biodegradability of Thermoplastic Polyurethane triggers the market demand in support of eco-friendly environment.

Despite compatible properties of thermoplastic polyurethane, the features such as limited service temperature and shorter shelf life are threat to the Thermoplastic Polyurethane Films Market.  In addition, lack of customer awareness towards eco-friendly thermoplastic polyurethane products and volatility in crude oil prices hampers the market growth.

Large consumption of thermoplastic polyurethane by key end-users shape the market size

Increasing demand for automotive production, growth of infrastructure and construction industry predominantly drives the Thermoplastic Polyurethane Films Market growth with advantages of better performance characteristics.

Request Sample @ https://www.oganalysis.com/sample/212653

Key automotive OEMs are investing to procure innovative and eco-friendly materials with advantages of lightweight and high impact resistance. With thermoplastic polyurethane providing such features the market growth is triggered by automotive and transportation sector.

Further, Thermoplastic Polyurethane Films Market growth is largely driven across emerging countries such as India, China as a result of ongoing streak of construction and building projects. In addition, undergoing urbanization projects such as dams, bridges, metro rails, are key construction segments accelerating Thermoplastic Polyurethane Films Market growth.

In addition, demand from electronic sector with advantages of replacing silicon with thermoplastic polyurethane for manufacturing electronics products such as smartphones drives thermoplastic polyurethane the market growth. Accordingly, wide adoption of thermoplastic polyurethane engineering and global penetration of smartphones are incurring potential market opportunities over the forecast period.

Browse Thermoplastic Polyurethane Films Market Research Report @ https://www.oganalysis.com/industry-reports/212653/thermoplastic-polyurethane-films-market

Shift towards Bio-based thermoplastic polyurethane opens new Thermoplastic Polyurethane Films Market opportunity

Key producers of thermoplastic polyurethane are observed to invest in bio-based raw materials such as vegetable oil in place of petroleum-based raw materials. The shift towards consumption of bio-based thermoplastic polyurethane drives key players to replace traditional production process with eco-friendly approaches. In addition, rise in awareness towards more sustainable environment drives the bio-based Thermoplastic Polyurethane Films Market growth.

Further, fluctuating crude oil price is the major factor influencing the shift to bio-based thermoplastic polyurethane production.

Demand from medical and healthcare sectors shapes Thermoplastic Polyurethane Films Market value over the forecast period

With a strong potential of thermoplastic polyurethane to replace PVC in medical applications with advantages of flexibility and environmentally friendly drives the market growth, marked with large consumption by medical device manufacturers.

Request for Special Discount on Thermoplastic Polyurethane Films Market report @ https://www.oganalysis.com/discount/212653

Thermoplastic polyurethane is increasingly deployed in production of diagnosis and other medical application devices. In addition, thermoplastic polyurethane applications of medical products constitute healthcare mattresses, compression stockings, dental materials, and wound dressings.

Asian Thermoplastic Polyurethane Films Market is set to growth with major market share characterized by rapid industrialization

Large consumption of thermoplastic polyurethane drives the market growth across Asian Countries including China, Japan, and South Korea. Ongoing trend of industrialization across transportation, infrastructure and construction electronics sector attributes for overall Thermoplastic Polyurethane Films Market growth.

Further, the demand for thermoplastic polyurethane is driven by various industries ranging from footwear to engineering industries.

Strategic initiatives and new plants setup observed by key players sets trail for Thermoplastic Polyurethane Films Market growth

Thermoplastic polyurethane manufacturers are heavily investing in R&D facilities to increase the efficiency and productivity of thermoplastic polyurethane. Key companies are taking up strategic initiatives such as establishment of new production plants across Asia Pacific to expand their business presence. For instance, in May 2019 BASF is planning to build engineering plastics and thermoplastic polyurethane compound plan in China.

Further, prominent OEMS of thermoplastic polyurethane are investing developing innovative product portfolio to meet the customized demand of end-users.  For example, in 2018, BASF introduced an advanced grade of thermoplastic polyurethane (TPU) technology to improve and optimize the production of shoe shanks and decorative shoe parts.

In addition, key technology companies are entering Thermoplastic Polyurethane Films Market growth with focus on expanding product portfolio to cater needs across the electronic industry. For instance, Sinterit a key OEM of SLS 3D printers launched soft thermoplastic polyurethane for small selective laser sintering (SLS) 3D printers in 2018.  

Key players operating in the global Thermoplastic Polyurethane Films Market are American Polyfilm, Inc., BASF Polyurethanes GmbH (BASF SE), Covestro AG, API Plastics, Hexpol AB, Huntsman Corporation, Kuraray Co., Ltd., The Lubrizol Corporation, Polyone Corporation, and Wanhua Chemical Group Co., Ltd.

Related Reports

OGAnalysis-Market Intelligence Platform

Global Oil and gas industry annual subscription from OG ANALYSIS provides access to 11 databases including Exploration, Production, Refinery, LNG, Oil and Chemicals Storage, Pipelines, Market Intelligence, CAPEX, Tankers, small LNG and Trade.

About OG Analysis:

OG Analysis has been a trusted research partner for 10+ years delivering most reliable analysis, information and innovative solutions. OG Analysis is one of the leading players in market research industry serving 980+ companies across multiple industry verticals. Our core client centric approach comprehends client requirements and provides actionable insights that enable users to take informed decisions.

Contact Us:

Anil Kumar

Phone: +91-7337 01 3757

Email: [email protected]

Website: https://www.oganalysis.com

Follow Us on LinkedIn: https://www.linkedin.com/company/og-analysis/



Contact Information:

Anil Kumar

Phone: +91-7337 01 3757

Email: [email protected]






Keywords:    Thermoplastic Polyurethane Films market, Thermoplastic Polyurethane Films market size, Thermoplastic Polyurethane Films market share, Thermoplastic Polyurethane Films market report, Thermoplastic Polyurethane Films market trends, Thermoplastic Polyurethane Films companies, Thermoplastic Polyurethane Films industry, Global Thermoplastic Polyurethane Films market, Thermoplastic Polyurethane Films market analysis, Thermoplastic Polyurethane Films market research, Thermoplastic Polyurethane Films market forecast, Thermoplastic Polyurethane Films market growth, Thermoplastic Polyurethane Films market statistics, Thermoplastic Polyurethane Films market outlook, Thermoplastic Polyurethane Films market research report,Chinese, French , German, Japanese, Korean, Portuguese, Russian, Spanish,Chemicals and Materials Report, Polyurethanes Report

Tags:    Extended Distribution, Research Newswire, English