Thermoplastic polyurethane can be defined as any liquid and gas manufactured for the transmission of heat from unit to another. It is produced from highly refined petroleum, siloxanes or synthetically formulated hydrocarbons. It is mainly used for cooling agent to prevent device from overheating. It can have viscosity higher than water. It provides low maintenance, safety and extended operating lifetimes.
Global Thermoplastic Polyurethane Market is expected to rise from its initial estimated value of USD 1.62 billion in 2018 to an estimated value of USD 3.12 billion by 2026, registering a CAGR of 6.8% in the forecast period of 2019-2026. The high oil resistance of the thermoplastic polyurethane is attributing to the rising demand in the end-use industries.
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Market Drivers and Restraints:
High usage of aromatic ketone and fluoropolymers polymers is leading to the increase end-use industries demand which is driving the market for thermoplastic polyurethane.
Biodegradability and recyclability of the thermoplastic polyurethane properties is driving the growth of the market.
Hydroscopic nature of the thermoplastic polyurethane is a restrain for the growth of the market.
Price fluctuation of raw materials is another restrain for the growth of thermoplastic polyurethane market
The major players covered in the Textile Chemicals Market
Few of the major competitors currently working in thermoplastic polyurethane market are: The Lubrizol Corporation, Covestro AG, Huntsman International LLC, Wanhua Chemical Group Co., Ltd., AMERICAN POLYFILM INC., HEXPOL AB, KURARAY CO., LTD., PolyOne Corporation, API, BASF SE, The Dow Chemical Co , CALIFORNIA URETHANE , Honeywell International Inc., Coim Group.
MAJOR TOC OF THE REPORT
Chapter One: Thermoplastic Polyurethane Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Thermoplastic Polyurethane Market Competition, by Players
Chapter Four: Global Thermoplastic Polyurethane Market Size by Regions
Chapter Five: North America Synthetic fibers market Revenue by Countries
Chapter Six: Europe Synthetic fibers market Revenue by Countries
Chapter Seven: Asia-Pacific Thermoplastic Polyurethane Market Revenue by Countries
Chapter Eight: South America Thermoplastic Polyurethane Market Revenue by Countries
Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Thermoplastic Polyurethane Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Thermoplastic Polyurethane Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the Thermoplastic Polyurethane Market
A roadmap of growth opportunities available in the global Thermoplastic Polyurethane Market with the identification of key factors
The exhaustive analysis of various trends of the global Thermoplastic Polyurethane Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Thermoplastic Polyurethane Market ?
What will the Thermoplastic Polyurethane Market Demand and what will be Growth?
What are the latest opportunities for Thermoplastic Polyurethane Market in the future?
What are the strengths of the key players?
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