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TPU Elastomers Market: Demand for TPU Elastomers is Likely to Remain High

July 8, 2019 by Steve Blade  

 The global thermoplastic polyurethane elastomers market surpassed US$ 2.5 billion in 2018, and a new study by Fact.MR estimates revenues to grow at 5.4% in 2019. According to the study, increasing demand for TPU elastomers in emerging economies of Asia Pacific excluding Japan (APEJ) continues to create sizeable opportunities for manufacturers. APEJ continues to hold over 50% share of TPU elastomers globally.

Analyzing the key factors that are fuelling TPU elastomers demand in APEJ, the study reports that strong presence of leading chemical companies along with increasing penetration of small- and medium-scale companies remain key growth drivers. Increasing investments by top-tiered players and rapidly-growing end-user industries continue to attract investments by market leaders, finds the Fact.MR study.

Browse Full Report with ToC Here: https://www.factmr.com/report/3445/tpu-elastomers-market

Table of Content

  1. Global TPU Elastomers Market - Executive Summary
    1.1. Summary of key findings
    1.1. Summary of key findings
    1.2. Summary of Statistics
    1.3. Demand and Supply side trends
    1.4. Fact.MR View Point
  2. Global TPU Elastomers Market Overview
    2.1. Global TPU Elastomers Market Definition
    2.2. Research Scope
    2.3. Global TPU Elastomers Market Size (US$ Mn) & Volume (Kilo Tons) and Forecast, 2013-2027
    2.3.1. Global TPU Elastomers Market Y-o-Y Growth
  3. Key Indicators Assessment
    3.1. Global Chemical & Polymers Industry Overview
    3.1.1. Global Chemical & Polymers Industry Analysis and Forecast, 2013-2027
    3.1.2. Global Chemical & Polymers Industry Sales and Forecast by Regions
    3.1.3. Global Chemical & Polymers Industry Sales by Key Countries
    3.1.4. Global Chemical & Polymers Industry Trade analysis Key Importing Countries Key Exporting Countries
    3.1.5. Global Polyols Market Outlook
    3.2. Global Automotive Industry Overview
    3.2.1. Global Automotive Industry Value (US$ Mn) and Volume (Units), 2018 & 2027
    3.2.2. Global Automotive Industry Sales by Regions
    3.2.3. Global Automotive Industry Sales by Vehicle Type
    3.3. Global Footwear Market Statistics
    3.3.1. Global Footwear Industry Value (US$ Mn) and Volume (Units), 2018 & 2027
    3.3.2. Global Footwear Industry Sales by Regions
    3.3.3. Global Footwear Industry Sales by Product Type
    3.3.4. Global Footwear Industry Sales by Material Type
    3.4. Global Thermoplastics Elastomers Market Overview

To be Continue.....................

Environmental Concerns Trigger Manufacturing Innovations

The study finds that although TPU elastomers have been witnessing incremental demand across versatile industrial applications, meeting the evolving sustainability requirements continues to be a challenge for stakeholders. Negative impacts of thermoplastics on the environment have been restricting manufacturers from exploring new niche applications. Thereby, leading stakeholders in the TPU elastomers market have been focusing on innovating their manufacturing strategies and technologies to discover biocompatible and biostable TPU elastomers. According to the study, the focus on finding sustainable solutions is also driven by stringency in environmental regulations. In many countries of APEJ, environmental regulations have become more stringent over the years, and manufacturers have had to adapt to the changing status-quo.

TPU Elastomers Favorite among Footwear Manufacturers and in the Sporting Goods Industry

TPU elastomers is ruling the footwear sector with its growing popularity among shoe manufacturers. Shoe soles manufactured using TPU elastomers are lightweight, abrasion resistance, flexible, durable, and comfortable, thereby, TPU elastomers have become one of the most popular raw materials across the footwear manufacturing cluster.

Leading players in the TPU elastomers market include BASF SE, Miracll Chemical Co. Ltd., Kuraray Co. Ltd., Ravago Petrokimya Üretim A.S, COIM SPA, Coating Chemical Industry Company, Zibo Hengjiu Pu Technology Company Ltd., Huafon Group, Xuchuan Chemical Group, Evermore Chemical Industry Company Ltd., Sunko Ink Co. Ltd., Songwon Industrial Group, DuPont Tate & Lyle Bio Products, Blackwell Plastics LLP, Hexpol AB, Mitsui Chemicals, Inc., Lanxess Aktiengesellschaft,Honeywell International, Inc., PolyOne Corp., Tosoh Corporation, Nihon Matai Co. Ltd., APS Elastomers, and Townsend Chemicals Pty. Ltd.

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