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Latest Thermoplastic Polyurethane (TPU) Market Expected to Witness a Sustainable Growth over 2024

ReportsnReports adds “Thermoplastic Polyurethane (TPU) Market” to its store. The Report provides in-depth analysis of the Thermoplastic Polyurethane (TPU) Market at global and key country level.

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The Market size of Thermoplastic Polyurethane is estimated at USD 2.5 Billion in 2019 and is projected to reach USD 3.5 Billion by 2024, at a CAGR of 7.1%.

 

Top Companies profiled in the Thermoplastic Polyurethane Market:

  • BASF SE (Germany)
  • Lubrizol Corporation (US)
  • Covestro AG (Germany)
  • Huntsman Corporation (US)
  • Wanhua Industrial Group (China)
  • COIM Group (Italy)
  • American Polyfilm Inc. (US)
  • Kuraray Co.Ltd (Japan)
  • Polyone Corporation (US)

 

Footwear was the largest end-use industry of TPU in 2018. TPU is used to form various parts of footwear, such as upper yarns, midsoles/foam & cushioning, outsoles, eyelets, heel cups, logos, shanks & toe caps. Growing demands for comfort, performance, and durability, are driving the market in the footwear industry

 

The APAC TPU market is projected to register the highest CAGR during the forecast period. The footwear market in APAC is driven by increased consumer spending, strong economic growth, greater disposable incomes, growing awareness of healthy lifestyles, popularity of sports footwear, and a growing sports-driven consumer base.

 

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Table of Contents:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.3.1 Markets Covered

1.3.2 Years Considered for the Study

1.4 Currency

1.5 Package Size

1.6 Limitations

1.7 Stakeholders

 

2 Research Methodology

2.1 Research Data

2.1.1 Secondry Data

2.1.2 Key Data From Secondary Sources

2.1.3 Primary Data

2.1.3.1 Key Industry Insights

2.2 Market Size Estimation

2.2.1 Bottom-Up Approach

2.2.2 Top-Down Approach

2.3 Market Breakdown and Data Triangulation

2.4 Assumptions & Limitations

2.4.1 Assumptions

2.4.2 Limitations

 

3 Executive Summary

 

4 Premium Insights

 

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Growing Demand for TPU in Automotive and Medical Industries

5.2.1.2 Replacement of Conventional Materials By TPU

5.2.2 Restraints

5.2.2.1 Higher Cost of TPU When Compared to Other Conventional Materials

5.2.3 Opportunities

5.2.3.1 Replacement of Pvc in Medical Application By TPU

5.2.3.2 Emerging Market for Bio-Based TPU

5.2.4 Challenges

5.2.4.1 Volatility in Raw Material Prices of TPU

5.3 Porter’s Five Forces Analysis

5.3.1 Intensity of Competitive Rivalry

5.3.2 Bargaining Power of Buyers

5.3.3 Bargaining Power of Suppliers

5.3.4 Threat of Substitutes

5.3.5 Threat of New Entrants

5.4 Patent Analysis

…and More

 

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