San Francisco, 20 December 2018,
Thermoplastic Polyurethane (TPU) Films Market Analysis Report By
Application (Automotive, Railways, Sports, Energy, Furniture, Aerospace), By
Region, And Segment Forecasts, 2012 - 2020
The global TPU films Market is expected to
reach USD 724.6 million by 2020, according to a new study by Grand View
Research, Inc. Automotive applications dominated the TPU films market, with
demand estimated at 11,622.1 tons in 2013. Increasing use of TPU films in automotive
applications such as paint protection, scratch protection, anti-chipping and
rear bumper protection coupled with growing after sales market is expected to
fuel market growth.
Asia Pacific emerged as the
largest regional TPU films market, with demand estimated at 16,299 tons in
2013. Growth of automotive industry coupled with increasing application of TPU
films in sports goods and construction is expected to drive the market growth
over the next six years, at an estimated CAGR of 7.8% from 2014 to 2020. Furthermore,
lower TPU film prices in Asia Pacific compared to other regional markets may
also complement market growth.
Access Full Research
Report On Thermoplastic Polyurethane (TPU) Films
Market Analysis:
www.grandviewresearch.com/industry-analysis/tpu-films-industry
www.grandviewresearch.com/industry-analysis/tpu-films-industry
Further key findings from the study suggest:
·
Global TPU films market demand
was 46,769.1 tons in 2013 and is expected to reach 68,033.1 tons by 2020,
growing at a CAGR of 5.5% from 2014 to 2020.
·
Aerospace is expected to be the
fastest growing application segment, at an estimated CAGR of 6.6% from 2014 to
2020.
·
North America and Europe
accounted for over 27% and 19% of the total market volume in 2013,
respectively. Increasing use of TPU films in automotive and construction
applications is expected to drive the market growth in these regions.
·
China and India dominated the
TPU films market in Asia Pacific and accounted for over 60% of the market
volume in 2013.
·
Japan TPU films demand was
estimated at 3,685.4 tons in 2013 and is expected to grow at an estimated CAGR
of 4.9% from 2014 to 2020.
·
The global TPU films market is
highly fragmented with the top four companies including Bayer Material Science,
Huntsman, 3M and Permali Gloucester Limited, accounting for just over 40% of
the market in 2013. Other companies in the market include American Polyfilm
Inc., PAR Group, Nippon, Lubrizol and Avery Dennison.
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Grand View Research At: www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the TPU
films market on the basis of application and region:
Global TPU Films Market
Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)
·
Automotive
·
Railway
·
Leisure and sports
·
Energy
·
Building & Construction
·
Furniture
·
Aerospace
·
Others
Global TPU Films Regional Outlook
(Volume, Tons; Revenue, USD Million, 2012 - 2020)
·
North America
·
Europe
·
Asia Pacific
·
Japan
·
RoW
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-thermoplastic-polyurethane-tpu-films-market
www.grandviewresearch.com/press-release/global-thermoplastic-polyurethane-tpu-films-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and
consulting company, registered in the State of California and headquartered in
San Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more information: www.grandviewresearch.com/