Thermoplastic Polyurethane (TPU) Films Market to observe USD 137.34 Mn incremental growth; 3M Co. and ADDEV among others identified as key vendors -- Technavio
NEW YORK, Oct. 18, 2022 /PRNewswire/ -- The global thermoplastic polyurethane (TPU) films market size is expected to grow by USD 137.34 million, accelerating at a CAGR of 3.6% between 2021 and 2026. The report provides a detailed analysis of the competitive landscape and offers information on several vendors including 3M Co., ADDEV Material, American Polyfilm Inc., Avery Dennison Corp., BASF SE, and others. Understand the scope of our full report by Downloading Sample PDF Report.
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research report on the thermoplastic polyurethane (TPU) films market is designed to provide entry support, customer profile, & M&As as well as go-to-market strategy support.
Some of the major vendors of the thermoplastic polyurethane (TPU) films market include:
- American Polyfilm Inc.: The company offers thermoplastic polyurethane films such as Aliphatic, Antimicrobial, and Breathable.
- Avery Dennison Corp.: The company offers thermoplastic polyurethane films for floor graphics and decals, wall graphics and decals, and window films.
- BASF SE: The company offers thermoplastic polyurethane films such as Elastollan.
- Covestro AG: The company offers thermoplastic polyurethane films such as Desmopan.
- DUNMORE Corp.: The company offers thermoplastic polyurethane films for smart clothing, membranes and medical fabrics.
- Huntsman Corp.: The company offers thermoplastic polyurethane films such as Krystalflex.
- 3M Co.
- ADDEV Material
- DingZing Advanced Materials Inc.
- Koninklijke DSM NV
- Nihon Matai Co. Ltd.
- Novotex Italiana SpA
- Unlock more vendor profiles. Buy Full Report Now
The market is driven by rising strategic alliances among vendors. The competition in the chemical industry is high at regional levels, with numerous local and global vendors offering undifferentiated products. Hence, to gain a competitive advantage and long-term leadership in the market, manufacturers of TPU films are adopting new growth strategies. They are focusing on partnering with technology providers to enhance their product offerings and expand their customer base. For instance, in May 2020, Covestro AG announced a partnership with Teknor Apex to jointly develop and promote compounding TPU. Similarly, in September 2021, KPX Chemical and Huntsman Corp. announced a partnership to establish a joint venture named KPX Huntsman Polyurethanes Automotive Co. Ltd (KHPUA). Such strategic alliances among vendors is expected to have a positive impact on the growth of the market during the forecast period.
The growth of the market will also be influenced by factors such as the superior properties of TPU and the recyclability of TPUs. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The report also covers the following areas:
- Thermoplastic Polyurethane (TPU) Films Market Size
- Thermoplastic Polyurethane (TPU) Films Market Trends
- Thermoplastic Polyurethane (TPU) Films Market Industry Analysis
- Application
- Automotive
- Construction
- Furniture
- Sports and Leisure
- Others
The automotive segment will have the largest share of the market. The segment is driven by the extensive use of TPU in various automotive components such as door and acoustic panels, instrument panels, anti-vibration panels, seats, and airbags. The segment growth will also be driven by expanding population and rising purchasing power of individuals.
- Geographic
- APAC
- Europe
- North America
- South America
- The Middle East and Africa
The market will observe significant growth in APAC over the forecast period. The growth of end-user industries such as automotive, construction, medical, and aerospace and defense is driving the growth of the regional market. In addition, rising income levels, growing population, the prevalence of diseases, and increasing awareness about health issues will foster the growth of the thermoplastic polyurethane films market in APAC during the forecast period. Identify potential segments in the market. Request Sample Report Here
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist thermoplastic polyurethane (TPU) films market growth during the next five years
- Estimation of the thermoplastic polyurethane (TPU) films market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the thermoplastic polyurethane (TPU) films market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of thermoplastic polyurethane (TPU) films market vendors
Global Thermoplastic Polyolefins Market 2021-2025: The global thermoplastic polyolefins market is segmented by application (automotive, roofing, and others) and geography (North America, APAC, Europe, South America, and MEA). The market growth in the automotive segment will be significant over the forecast period. By region, North America will have the largest share of the market. View Report Snapshot Here
Global Thermoplastic Vulcanizates Market 2021-2025: The global thermoplastic vulcanizates market is segmented by end-user (automotive, fluid handling and construction, medical, and consumer goods and others) and geography (North America, APAC, Europe, MEA, and South America). The automotive industry is the major end-user for thermoplastic vulcanizates. By region, North America will have the largest share of the market. View Report Snapshot Here
Thermoplastic Polyurethane (TPU) Films Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.6% |
Market growth 2022-2026 |
USD 137.34 million |
Market structure |
Fragmented |
YoY growth (%) |
3.2 |
Regional analysis |
APAC, Europe, North America, South America, and Middle East and Africa |
Performing market contribution |
APAC at 47% |
Key consumer countries |
US, China, Japan, India, Germany, and France |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
3M Co., ADDEV Material, American Polyfilm Inc., Avery Dennison Corp., BASF SE, Covestro AG, DingZing Advanced Materials Inc., DUNMORE Corp., Huntsman corp., Koninklijke DSM NV, Nihon Matai Co. Ltd., Novotex Italiana SpA, OG FILM CORP., Okura Industrial Co. Ltd., PAR Group Ltd., Permali Gloucester Ltd., Plastic Film Corp. of America, RTP Co., Takeda sangyo Co. Ltd., and Tosoh Asia Pte. Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Application
- 5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
- 5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application
- 5.3 Automotive - Market size and forecast 2021-2026
- Exhibit 28: Chart on Automotive - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Automotive - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Automotive - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Automotive - Year-over-year growth 2021-2026 (%)
- 5.4 Construction - Market size and forecast 2021-2026
- Exhibit 32: Chart on Construction - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Construction - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Construction - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Construction - Year-over-year growth 2021-2026 (%)
- 5.5 Furniture - Market size and forecast 2021-2026
- Exhibit 36: Chart on Furniture - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Furniture - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Furniture - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Furniture - Year-over-year growth 2021-2026 (%)
- 5.6 Sports, leisure and medical - Market size and forecast 2021-2026
- Exhibit 40: Chart on Sports, leisure and medical - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Sports, leisure and medical - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Sports, leisure and medical - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Sports, leisure and medical - Year-over-year growth 2021-2026 (%)
- 5.7 Others - Market size and forecast 2021-2026
- Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
- 5.8 Market opportunity by Application
- Exhibit 48: Market opportunity by Application ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 50: Chart on Market share by geography 2021-2026 (%)
- Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 52: Chart on Geographic comparison
- Exhibit 53: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 North America - Market size and forecast 2021-2026
- Exhibit 62: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 Germany - Market size and forecast 2021-2026
- Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.11 Japan - Market size and forecast 2021-2026
- Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.12 India - Market size and forecast 2021-2026
- Exhibit 90: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 91: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 92: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 93: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.13 France - Market size and forecast 2021-2026
- Exhibit 94: Chart on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 95: Data Table on France - Market size and forecast 2021-2026 ($ million)
- Exhibit 96: Chart on France - Year-over-year growth 2021-2026 (%)
- Exhibit 97: Data Table on France - Year-over-year growth 2021-2026 (%)
- 7.14 Market opportunity by geography
- Exhibit 98: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 99: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 100: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 101: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 102: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 103: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 104: Matrix on vendor position and classification
- 10.3 American Polyfilm Inc.
- Exhibit 105: American Polyfilm Inc. - Overview
- Exhibit 106: American Polyfilm Inc. - Product / Service
- Exhibit 107: American Polyfilm Inc. - Key offerings
- 10.4 Avery Dennison Corp.
- Exhibit 108: Avery Dennison Corp. - Overview
- Exhibit 109: Avery Dennison Corp. - Business segments
- Exhibit 110: Avery Dennison Corp. - Key news
- Exhibit 111: Avery Dennison Corp. - Key offerings
- Exhibit 112: Avery Dennison Corp. - Segment focus
- 10.5 BASF SE
- Exhibit 113: BASF SE - Overview
- Exhibit 114: BASF SE - Business segments
- Exhibit 115: BASF SE - Key news
- Exhibit 116: BASF SE - Key offerings
- Exhibit 117: BASF SE - Segment focus
- 10.6 Covestro AG
- Exhibit 118: Covestro AG - Overview
- Exhibit 119: Covestro AG - Business segments
- Exhibit 120: Covestro AG - Key news
- Exhibit 121: Covestro AG - Key offerings
- Exhibit 122: Covestro AG - Segment focus
- 10.7 DUNMORE Corp.
- Exhibit 123: DUNMORE Corp. - Overview
- Exhibit 124: DUNMORE Corp. - Product / Service
- Exhibit 125: DUNMORE Corp. - Key offerings
- 10.8 Huntsman corp.
- Exhibit 126: Huntsman corp. - Overview
- Exhibit 127: Huntsman corp. - Business segments
- Exhibit 128: Huntsman corp. - Key news
- Exhibit 129: Huntsman corp. - Key offerings
- Exhibit 130: Huntsman corp. - Segment focus
- 10.9 Novotex Italiana SpA
- Exhibit 131: Novotex Italiana SpA - Overview
- Exhibit 132: Novotex Italiana SpA - Product / Service
- Exhibit 133: Novotex Italiana SpA - Key offerings
- 10.10 PAR Group Ltd.
- Exhibit 134: PAR Group Ltd. - Overview
- Exhibit 135: PAR Group Ltd. - Product / Service
- Exhibit 136: PAR Group Ltd. - Key offerings
- 10.11 RTP Co.
- Exhibit 137: RTP Co. - Overview
- Exhibit 138: RTP Co. - Product / Service
- Exhibit 139: RTP Co. - Key offerings
- 10.12 Takeda sangyo Co. Ltd.
- Exhibit 140: Takeda sangyo Co. Ltd. - Overview
- Exhibit 141: Takeda sangyo Co. Ltd. - Product / Service
- Exhibit 142: Takeda sangyo Co. Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 143: Inclusions checklist
- Exhibit 144: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 145: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 146: Research methodology
- Exhibit 147: Validation techniques employed for market sizing
- Exhibit 148: Information sources
- 11.5 List of abbreviations
- Exhibit 149: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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