Global Thermoplastic Polyurethanes Market (2015-2020) with BASF Polyurethanes, Wanhua Chemical Group & Bayer MaterialScience Dominating - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Thermoplastic Polyurethanes(TPU) Market - Trends and Forecasts (2015-2020)" report to their offering.

The Global TPU Market has been estimated at USD 1.921 billion in 2015 and is projected to grow at a CAGR of 5.27% during the forecast period.

TPU, owing to their high tensile strength, good hydrolytic stability, high abrasion resistance, and resistance to chemicals, oils and UV light, is becoming an integral part of various commercial and industrial sectors. The TPU market report has taken the following major end-user sectors into consideration: Construction, Automobile, Footwear, Wire and Cable, Medical, Hose/Pipe, Electronics, Heavy Engineering, and others.

This market is driven by a number of factors, such as Extensive demand from Automobile Industry growing automotive industry Newer Applications in Medical Industry, and recyclability. However, this market faces certain drawbacks, such as Higher Manufacturing Cost, Production Constraints and Lack of Awareness in Emerging Economies. These factors may act as a roadblock to the growth of the market.

The market has also been geographically segmented into Asia-Pacific, North America, Europe, South America, and MEA. In terms of consumption in 2015, APAC led the market with a share of more than 50%. It was followed by Europe and North America. With the improvement in the financial status of the consumers, the purchasing power of the middle class consumers has increased, which in turn is accelerating the demand for automobiles and buildings in the Asia-Pacific region, thereby TPU's are extensively being used as a replacement for PVC in the Medical Industry.

However, the dearth of stringent norms regarding VOC emission from paints, coatings, and adhesives in the developing country in this region has considerably hindered the growth of this market.

Key Topics Covered:

1. Introduction

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Market Segmentation and Analysis

6. Regional Market Analysis

7. Competitive Landscape

8. Company Profiles

Companies Mentioned:

  • Alliance Polymer and Services
  • API
  • Austin Novel Materials
  • Bailey
  • BASF Polyurethanes
  • Bayer MaterialScience
  • COIM
  • Dow Plastics
  • Gala
  • Greco
  • Headway Polyurethane
  • Hexpol
  • Huntsman
  • Identity Group
  • Lubrizol Corp.
  • Merquinsa
  • Perfectex Plus
  • Polyone Corp.
  • Saco Polymers
  • Seal Science
  • Shin Etsu Polymer
  • Siloxane Aggrandize Innovative Industries
  • Stellana/Elastomeric
  • Taiwan Sheen Soon
  • Walton Plastics
  • Wanhua Chemical Group Co. Ltd.

For more information visit http://www.researchandmarkets.com/research/6bldx4/global

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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Fax (outside U.S.): +353-1-481-1716
Sector: Polyurethanes

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Polyurethanes