Thermoplastic Polyurethane Market to Record Significant Revenue Growth During the Forecast Period 2022-2028

Comments · 312 Views

The thermoplastic polyurethane market size was valued at USD 2.6 billion in 2021 and is likely to grow at a CAGR of 8.07% during 2022-2028 to reach USD 4.51 billion in 2028.

Stratview Research has published a report on the Thermoplastic Polyurethane Market based on information acquired from reliable sources, qualitative and quantitative research by experts, and insights from industry veterans and key players across the value chain. The report provides a thorough analysis of present and upcoming market trends, market dynamics, factors affecting the industry, and growth strategies. This report also provides an in-depth analysis of the impact of the COVID-19 pandemic on the market.

Market Insights

The thermoplastic polyurethane market size was valued at USD 2.6 billion in 2021 and is likely to grow at a CAGR of 8.07% during 2022-2028 to reach USD 4.51 billion in 2028.

Market Dynamics

The market has witnessed modest growth in the current years which is anticipated to continue during the forecast period as well. Thermoplastic polyurethane bears properties, such as remarkable abrasion resistance, outstanding low-temperature suppleness, and high oil resistance, owing to which it is used in various end-use industries, such as medical, automotive, wires cables, hose tubing, engineering, building construction, and footwear.

What you can find in this report –

The report has been compiled by using a variety of analytical methodologies and has analysed data on the key players, market scope, and much more. The researchers at Stratview Research have studied the growth of the top competitors in the Thermoplastic Polyurethane Market.

Key Features: The report covers the revenue, production rate, import/export, supply/demand, market share, CAGR, etc. Furthermore, the research provides in-depth information on current trends, growth drivers, and competition.

Regional Analysis: The present report throws light on the regional analysis of the Thermoplastic Polyurethane Market. The data given can be used to get an idea of trends, patterns, threats or challenges, and many such phenomena. On the basis of region, the report mentions that,

In terms of regions, Asia-Pacific is expected to dominate the thermoplastic polyurethane market in the coming five years, in terms of both value and volume. It is also estimated to depict the highest growth during the forecast period. China and India are the growth engines of the region. The market is driven by the growing demand for thermoplastic polyurethane in various end-use industries. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Customization of the Report:

This report can be customized to meet the user’s requirements. Stratview research offers custom research services across the sectors.

For further inquiries, connect with us -

Stratview Research

E-mail: [email protected]

Direct: +1-313-307-4176

About Us:

Stratview Research is a trusted market intelligence firm providing a wide range of services to multiple clients across a wide array of industries. A strong experienced team of industry veterans and research analysts with a perfect blend of wisdom, have been serving multiple clients

Comments