Title: Thermoplastic Polyurethane Market - Trends & Forecasts to 2018
1MarketsandMarkets Presents
- Thermoplastic Polyurethane Market
- Trends Forecasts to 2018
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2- Thermoplastic Polyurethanes (TPU) are
thermoplastic elastomers that are derived from
diisocyanates with diols. They are known for the
properties such as elasticity, transparency, and
resistance to oil grease and abrasion. TPU is a
highly preferred material over the other
engineering plastics in various end-user markets
mainly due to its properties. TPU with its
current global manufacturing is placed between
commodity and engineering plastics. - The demand for lighter, flexible, and high impact
and abrasion resistive material has helped
thermoplastic polyurethane market to penetrate
into the automotive, footwear, engineering, and
medical applications. These products are
currently used as a replacement of various
materials in different end-user industries and
the demand is expected to grow in the near future
for this material.
3-
- http//www.marketsandmarkets.com/Market-Reports/th
ermoplastic-polyurethanes-market-1091.html - The global thermoplastic polyurethane market is
driven by replacing materials that are not as
superior as the TPU in terms of properties and
physical attributes. Increasing RD efforts are
expected to ensure that the newer applications
and demands from the end use markets are met with
along with increasing the efficiency of
thermoplastic polyurethane and other TPU grades.
Increasing popularity in the automotive,
engineering and medical industries promises the
growth of TPU in the long-term future.
4- The global TPU market valued to be 1,453.4
million in 2012, which is estimated to reach
about 2,174.0 million in 2018, growing at a CAGR
of 7.2 from 2013 to 2018. The Asia-Pacific
region led the global thermoplastic polyurethane
market it contributed nearly 52.8 of the total
revenue in 2012. China was the global leader in
terms of the consumption, followed by U.S.
together both these countries consumed 46.2 of
the global consumption. The Indian TPU
consumption for the end user applications is
expected to grow at 8.4 from 2013 to 2018.
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