The global Expanded Thermoplastic Polyurethane (E-TPU) market size reached USD 350.1 Million in 2020 and is expected to register a revenue CAGR of 9.2% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for expanded thermoplastic polyurethane due to high resilience and rising usage in the automotive industry are factors expected to support market revenue growth between 2021 and 2028. In addition, increasing demand from the automotive industry will continue to boost revenue growth of the market to a significant extent over the forecast period. Particle foams are ideal for a wide range of automotive applications owing to the material’s unique features. Fittings and components made of particle foam have good capacity to absorb energy during dynamic load. Impact absorbers are widely used for passive passenger and chassis safety in floors, steering columns, headliners, side panels, headrests, and bumpers.
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. The Global Expanded Thermoplastic Polyurethane (E-TPU) Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2028. The report studies the historical data of the Expanded Thermoplastic Polyurethane (E-TPU) market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
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Some Key Highlights from the Report
- Polyester segment revenue is expected to register a substantially rapid revenue CAGR over the forecast period. E-TPU based on polyester is utilized in applications requiring high resistance to oils, fuels, water, as well as chemicals.
- Footwear segment is expected to register a significantly robust revenue growth rate over the forecast period because of growing demand for comfortable footwear.
- Asia Pacific is expected to register a considerably rapid revenue growth rate over the forecast period due to high presence of domestic manufacturers such as Guo Sheng Enterprise Co. Ltd., Great Eastern Resins Industrial Co. Ltd. (GRECO), Ningbo GMF New Material Technology Co., Ltd, and Guangdong Gelin New Material Technology Co., Ltd. are among others in countries in the region.
The researchers have considered all the factors influencing the growth of the Expanded Thermoplastic Polyurethane (E-TPU) market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Expanded Thermoplastic Polyurethane (E-TPU) market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Expanded Thermoplastic Polyurethane (E-TPU) market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
Major Players/Manufacturers profiled in the report are:
BASF SE, Plymouth Foam, LLC, Koninklijke DSM N.V., Guo Sheng Enterprise Co. Ltd., The Lubrizol Corporation, Great Eastern Resins Industrial Co. Ltd. (GRECO), Ningbo GMF New Material Technology Co., Ltd., Guangdong Gelin New Material Technology Co., Ltd., Wanhua Chemical Group Co., Ltd., and Miracll Chemicals Co., Ltd.
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Emergen Research has segmented the global Expanded Thermoplastic Polyurethane (E-TPU) on the basis of type, material, application, and region:
Type Outlook (Revenue, USD Million, Volume, Kilotons; 2018–2028)
- Polycaprolactone
- Polyester
- Polyether
Material Outlook (Revenue, USD Million, Volume, Kilotons; 2018–2028)
- Diisocyanate
- Diols
- Polyols
Application Outlook (Revenue, USD Million, Volume, Kilotons; 2018–2028)
- Footwear
- Automotive
- Electronics
- Sports
- Flooring Systems
- Others
The Global Expanded Thermoplastic Polyurethane (E-TPU) Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Expanded Thermoplastic Polyurethane (E-TPU) market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report offers insightful information about the market dynamics of the Expanded Thermoplastic Polyurethane (E-TPU) market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Expanded Thermoplastic Polyurethane (E-TPU) market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Expanded Thermoplastic Polyurethane (E-TPU) market.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8 year analysis of the Global Expanded Thermoplastic Polyurethane (E-TPU) Market
- Critical assessment of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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