Global Thermoplastic Polyurethane Market 2017-2021 - Rise in Demand from Automotive Industry is Driving the Market - ResearchAndMarkets.com

DUBLIN--()--The "Global Thermoplastic Polyurethane Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The global thermoplastic polyurethane market is expected to grow at a CAGR of 6.24% during the period 2017-2021.

One trend in the market is the upcoming developments in bio-based products. The interest in bio-based TPUs is rising, owing to their advantageous properties such as biodegradability, low density, recyclability, and cost-effectiveness. These advantages place bio-based TPUs at a commercially competitive position with synthetic TPUs. The industry has observed an opportunity to potentially replace synthetic TPUs with bio-based ones in several applications such as household objects, packaging, automobiles, and furniture.

One driver in the market is the rise in demand from automotive industry. Despite the overall slowing down of the demand for automotive, the global automotive industry is now in a better shape than it was five years ago, especially in the US where profits and sales have recovered after the recent economic crisis. In China, the strong growth is consistent. By 2021, the global profits for the automotive OEMs are expected to rise by almost 50%. The increase in profits is expected to come mainly from the growth in the emerging markets like India, China, and Thailand and to a lesser extent from developed markets like the US, Germany, Italy, and Japan.

Key Vendors

  • BASF
  • Covesto
  • Huntsman International
  • PolyOne
  • Wanhua Chemical Group

Other Prominent Vendors

  • API
  • American Polyfilm
  • The Lubrizol Corporation
  • Walton Plastics

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation by Product

Part 09: Market Segmentation by End-User

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/r4lm3h/global?w=4

Contacts

ResearchAndMarkets.com
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
Related Topics: Polyurethanes

Contacts

ResearchAndMarkets.com
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
Related Topics: Polyurethanes