DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5gzmfh/global) has announced the addition of the "Global Thermoplastic Polyurethane Market 2015-2019" report to their offering.
The Global TPU market to grow at a CAGR of 5.19% over the period 2014-2019
Thermoplastic polyurethanes (TPUs) are elastomers produced by thermoplastic methods. These are used in the Automotive, Footwear, Infrastructure, and Heavy Engineering industries because of their high tensile strength, abrasion resistance, and low temperature properties. They possess a number of physical properties that no other TPEs can provide.
One of the major trends upcoming in this market is the increased investment in the R&D of thermoplastic polyurethane. The huge investment in R&D is expected to increase the efficiency of thermoplastic polyurethane, and hence increase its demand among end-users.
According to the report, increased demand from the automotive industry is one of the major drivers of the market. Thermoplastic polyurethane is replacing the metals used in the manufacture of automobile parts because it is light in weight and has higher impact resistance.
Further, the report states that lack of the required properties in thermoplastic polyurethane is one of the main challenges that the market faces. Properties such as limited service temperature, shorter shelf life, narrow hardness, and the drying required before processing are expected to pose a threat to the Global Thermoplastic Polyurethane market.
The Global TPU market can be segmented into five divisions:
- Heavy Engineering
- Wire and Cable Industries
- Bayer MaterialScience
- Lubrizol Corp.
- Wanhua Chemical Group
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Global Thermoplastic Polyurethane Market
- Market Segmentation by End-user
- Market Segmentation by Application
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/5gzmfh/global