Title: Thermoplastic Polyurethane Market Expected up to $2.2 Billion in 2018
1MarketsandMarkets Presents
Thermoplastic Polyurethane Market Expected up to
2.2 Billion in 2018
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ermoplastic-polyurethanes-market-1091.html
2 The report Thermoplastic Polyurethane Market by
End-Industry (Automotive, Building
Construction, Engineering, Footwear, Hose Tube,
Medical, and Wire Cable) Geography - Trends
Forecasts to 2018 defines and segments the
global thermoplastic polyurethane market with
analysis and forecasting of the global revenue
and consumption. It also identifies driving and
restraining factors for the global thermoplastic
polyurethane market with analysis of trends,
opportunities, burning issues, winning
imperatives. Browse gtgt 70
data tables 23 figures
175 pages and in-depth TOC on
Thermoplastic Polyurethane Market
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thermoplastic-polyurethanes-market-1091.html Earl
y buyers will receive 10 customization of
reports.
3 The market is segmented, and consumption and
revenues are forecasted on the basis of major
regions such as North America, Western Europe,
Asia-Pacific, and Rest of the World (ROW). The
key countries are covered and forecasted for each
region. Further, the market is segmented and
revenues are forecasted on the basis of major
end-user industries such as automotive, building
construction, engineering, footwear, hose
tubing, medical, and wire cable. TPU is
replacing materials that are conventionally used
in several industries due to its properties to
satisfy demands arising from the end-user
industries. Current innovation in TPU resulted in
making it more superior to replace other material
and perform even better. TPU is expected to
replace metals in automobile applications as its
impact resistance is higher and it weighs lighter
than the metal. Recent development has resulted
in high temperature resistance making it
adaptable for high temperature applications.
These factors add to the growth of TPU
market. Evolving Bio-based TPU grades are
expected to create future market spaces for the
plastic.
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ermoplastic-polyurethanes-market-1091.html
4Footwear IndustryMajor Market for TPU TPU are
mainly used in industrial application, coatings,
and adhesives. Commercially available TPU differs
for each end-user market. TPU is useful in
applications such as automotive, building
construction, engineering, footwear, hose
tubing, medical, and wire cable. TPU is used in
wide range applications from automobile
components to shoe sole. Use of TPU by these
industries helps them making more efficient and
effective products, to deliver better
performance. Global TPU market to reach 2.2
billion by 2018 The global market for TPU in
terms of revenue was estimated to be worth 1.4
billion in 2012 and is expected to reach 2.2
billion by 2018, growing at a CAGR of 7.2, in
terms of revenue, from 2013 to 2018 . APAC
region dominated the global TPU market,
accounting for 52.8 of the global TPU market
revenue in 2012. APAC is expected to have the
highest market revenue in 2018 followed by the
Western European market. ROW, a collection of
individual country markets, is expected to be the
fastest growing market in the future, with a CAGR
of 7.7 from 2013 to 2018, owing to the rising
consumption in this region where the end-user
markets of TPU are growing steadily. The Western
European market is expected to grow at a rate of
6.5, in revenue terms and 4.9 in consumption
terms from 2013 to 2018.
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ermoplastic-polyurethanes-market-1091.html
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ermoplastic-polyurethanes-market-1091.html