The Thermoplastic Polyurethane Global Market Report 2023, provides comprehensive information on the thermoplastic polyurethane market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Thermoplastic Polyurethane Market’s Growth:
https://www.thebusinessresearchcompany.com/report/thermoplastic-polyurethane-global-market-report
As per The Business Research Company’s Thermoplastic Polyurethane Global Market Report 2023, the market size is expected to grow from $2.54 billion in 2022 to $2.77 billion in 2023 at a compound annual growth rate (CAGR) of 9.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the thermoplastic polyurethane market is expected to grow to $3.65 billion in 2027 at a CAGR of 7.2%.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=7637&type=smp
Product innovation is a key trend gaining popularity in the thermoplastic polyurethane market. Major companies operating in the thermoplastic polyurethane sector are focused on improving their previous thermoplastic polyurethane grades, a material made up of ultra-high molecular weight polymers to enhance their durability, process efficiency, and waste reduction in manufacturing. For instance, in June 2021, Huntsman International LLC, a US-based specialty chemical manufacturer and distributor, developed a new thermoplastic polyurethane grade, IROGRAN A 85 P 4394 HR TPU, that offers high melt strength and extrusion quality of films over the previous thermoplastic polyurethane grade. The new grade is perfect for blown film applications since it also has higher melt strength and better film extrusion quality. IROGRAN A 85 P 4394 HR TPU offers better force resistance when it is melted, which reduces the possibility that an extruded film will break during production. These benefits can help to significantly lower scrap rates, increase manufacturing throughput, and reduce waste in the processing of blown films.
The thermoplastic polyurethane market is segmented:
1) By Type: Polyester, Polyether, Polycaprolactone, Other Types
2) By Raw Material: Diisocyanate, Polyols, Diols, Other Raw Materials
3) By Application: Automotive, Construction, Engineering, Footwear, Hose And Tubing, Wire And Cable, Other Applications
Asia-Pacific was the largest region in the thermoplastic polyurethane market in 2022.
The table of contents in TBRC’s thermoplastic polyurethane market report includes:
- Executive Summary
- Thermoplastic Polyurethane Market Characteristics
- Thermoplastic Polyurethane Market Trends And Strategies
- Thermoplastic Polyurethane Market – Macro Economic Scenario
- Thermoplastic Polyurethane Market Size And Growth
- Thermoplastic Polyurethane Market Segmentation
- Thermoplastic Polyurethane Market Regional And Country Analysis
.
.
.
- Thermoplastic Polyurethane Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Thermoplastic Polyurethane Market
- Thermoplastic Polyurethane Market Future Outlook and Potential Analysis
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
