TPU Elastomers Market by Innovation Trends, Current Overview, Offerings and Explosive Growth by 2031

Posted on 2022-02-01 by Future Market Insights, Inc in Chemicals // 0 Comments

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The TPU Elastomers Market report profiles the successive companies, which includes: – 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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TPU Elastomers Market – Key Insights

Thermoplastic Polyurethane (TPU) elastomers market grew at a healthy CAGR of 4.7% between 2013 and 2018, on account of growing demand from automotive industry.
In 2019, demand for TPU elastomers is likely to remain high, with demand supported by the construction and footwear industries. The global TPU elastomers market is estimated to reach US$ 2.7 billion by the end of the year.
The TPU elastomers market is on course to grow at a CAGR of 5.9% during the forecast period 2019-2027.
Though the top 5 players in the TPU elastomers market have a strong presence in the Americas and Europe, the Asia Pacific region excluding Japan (APEJ) is the leading market for TPU elastomers. Growing demand for TPU elastomers in a wide range of applications has boosted growth of the TPU elastomers industry in the APEJ region.

Market Segment by Regions, regional analysis covers:

North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East Africa

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Forecasts the regions expected to perceive ascension.
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