October 15, 2019 by Amanpreet
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What are the Key Growth Drivers of TPU Elastomers Market?
What is a Key Challenge for Market Players?
TPU Elastomers Market – Competitive Landscape
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Other 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.
TPU Elastomers Market – Additional Insight
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.
Market leaders are observed to be working closely with leading footwear brands, shoe sole manufacturers, as well as sporting goods industry players, to capitalize on growing demand for TPU elastomer-based sporting goods. A mounting number of TPU elastomer manufacturers are adopting innovative technologies to introduce innovative properties of the material, such as slip resistance, UV resistance, and resistance to hydrolysis, in order to gain an edge in the TPU elastomers market.
Stakeholders in the TPU elastomers market are focusing on launching TPU elastomers that exhibit excellent mechanical properties, in a bid to attract shoe sole manufacturers. Leading manufacturers are supplying TPU elastomers that are tailor-made to suit their customers’ specific requirements.
TPU Elastomers Market – Research Methodology
A recent study published by Fact.MR analyzes growth of the global TPU elastomers market to provide readers with exclusive and actionable market insights. This study is backed by a two-step research process which is inclusive of various primary and secondary resources.
The primary research methodology includes discussions with experts of TPU elastomers industry and information gathered after interviewing other stakeholders. In the secondary process, detailed information about the TPU elastomers market is garnered through various resources such as company annual reports, trade journals, paid resources, press releases, and other publications relevant to TPU elastomers.
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After studying industry-validated information about the TPU elastomers market, qualitative conclusions about the prospects of the market can be reached. Findings from these two main processes were used to determine an accurate and exhaustive forecast of global TPU elastomers market for the period from 2019 to 2027.
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