Global Thermoplastic Polyurethane Market 2018-2022: Increasing Opportunities in APAC Due to Growing Automotive Industry – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The "Global
Thermoplastic Polyurethane Market 2018-2022" report has been
added to ResearchAndMarkets.com's offering.

The global thermoplastic polyurethane market is projected to grow at a
CAGR of 6.31% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.

One trend in the market is upcoming developments in bio-based products.
Bio-based TPU is gaining significant traction due to its superior
properties such as biodegradability, low density, and recyclability. The
customers are attracted to these advantages provided by bio-based TPUs
and are replacing their synthetic counterparts in several applications
such as household objects, packaging, automobiles, and furniture.

According to the report, one driver in the market is increasing
opportunities in APAC. The growth of automotive industry in APAC is
expected to drive the demand for TPU. APAC is likely to register the
highest growth in the TPU market during the forecast period due to the
rapidly increasing population and rising purchasing power of individuals.

Further, the report states that one challenge in the market is damage to
TPU structure caused by moisture. TPU elastomers are hygroscopic in
nature, i.e., they absorb moisture when exposed to atmospheric humidity.
Aromatic Pus undergo polymerization or depolymerization reactions at an
equilibrium rate when processed above 355F.

Key Vendors

• BASF
• Covestro
• Huntsman International
• Huafeng Group
• The Lubrizol Corporation
• Wanhua Chemical Group

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Market Segmentation by Product Type

9. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/5kvszf/global?w=4

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Related
Topics: Polyurethanes