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 constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
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Competitive Outlook: The leading companies operating in the Expanded Thermoplastic Polyurethane (E-TPU) market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Expanded Thermoplastic Polyurethane (E-TPU) Market and 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
Objectives of the Report:
Study of the global Expanded Thermoplastic Polyurethane (E-TPU) market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Expanded Thermoplastic Polyurethane (E-TPU) market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Expanded Thermoplastic Polyurethane (E-TPU) market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Expanded Thermoplastic Polyurethane (E-TPU) market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
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
Regional Segmentation:
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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