TPU Elastomers Market Rapid Growth with Rising Application Scope by 2027

The global TPU elastomers market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth. With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each TPU elastomers market player in a comprehensive way. Further, the TPU elastomers market report emphasizes the adoption pattern of the TPU elastomers market across various industries.

The global thermoplastic polyurethane elastomers market surpassed US$ 2.5 billion in 2018, and a new study by Fact.MR estimates revenues to grow at 5.4% in 2019. According to the study, increasing demand for TPU elastomers in emerging economies of Asia Pacific excluding Japan (APEJ) continues to create sizeable opportunities for manufacturers. APEJ continues to hold over 50% share of TPU elastomers globally.

Analyzing the key factors that are fuelling TPU elastomers demand in APEJ, the study reports that strong presence of leading chemical companies along with increasing penetration of small- and medium-scale companies remain key growth drivers. Increasing investments by top-tiered players and rapidly-growing end-user industries continue to attract investments by market leaders, finds the Fact.MR study.

The TPU elastomers market report highlights the following players:

  • Lubrizol International, Inc.
  • Covestro AG
  • Huntsman Corporation
  • BASF SE
  • Wanhua Chemical Group Co. Ltd
  • Miracll Chemical Co. Ltd.
  • Ravago Petrokimya Üretim A.S
  • Coating Chemical Industry Company
  • Xuchuan Chemical Group
  • Evermore Chemical Industry Company Ltd.
  • Lanxess Aktiengesellschaft
  • Honeywell International, Inc.
  • Tosoh Corporation
  • PolyOne Corp.

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The TPU elastomers market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.

Important regions covered in the TPU elastomers market report include:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico)
  • Europe (U.K., Germany)
  • APEJ (China, India)

The TPU elastomers market report takes into consideration the following segments by product type:

  • Injection Molding
  • Extrusion
  • Lamination
  • Adhesives

The TPU elastomers market report contain the following application:

  • Footwear & Sporting Goods
  • Automotive
  • Building and construction
  • Industrial Products
  • Wires and Cables
  • Medical Products

The TPU elastomers market report offers a plethora of insights which include:

  • Changing consumption pattern among individuals globally.
  • Historical and future progress of the global TPU elastomers market.
  • Region-wise and country-wise segmentation of the TPU elastomers market to understand the revenue, and growth lookout in these areas.
  • Accurate Year-on-Year growth of the global TPU elastomers market.
  • Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global TPU elastomers market.

The TPU elastomers market report answers important questions which include:

  • Which regulatory authorities have granted approval to the application of TPU elastomers market in chemicals industry?
  • How will the global TPU elastomers market grow over the forecast period?
  • Which end use industry is set to become the leading consumer of TPU elastomers market by 2027?
  • What manufacturing techniques are involved in the production of the TPU elastomers market?
  • Which regions are the TPU elastomers market players targeting to channelize their production portfolio?

The TPU elastomers market report considers the following years to predict the market growth:

  • Historic Year: 2013 – 2018
  • Base Year: 2013
  • Estimated Year: 2027
  • Forecast Year: 2019 – 2027

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Why Choose Fact.MR?

Fact.MR follows a multi- disciplinary approach to extract information about various industries. Our analysts perform thorough primary and secondary research to gather data associated with the market. With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients. We address clients living in across parts of the world with our 24/7 service availability.

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