North America Thermoplastic Polyurethane Market By Type (Polyester, Polyether, Polycaprolactone, Others), Raw Material (Diisocyante, Polyols, Diols) End-user (Footwear, Engineering, Automotive, Hose and Tubing, Building and Construction, Wires and Cables, Medical), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2027
North America thermoplastic polyurethane market is expected to grow with a CAGR of 6.9% for the forecast period of 2020 to 2027. Growing demand of thermoplastic polyurethane in automotive sector is a vital factor driving the growth of thermoplastic polyurethane market swiftly.
Thermoplastic polyurethane can be defined as any gas and liquid manufactured for the transmission of heat from one unit to another, it is produced from high quality refined petroleum, synthetically formulated hydrocarbons or siloxanes. It provides safety, low maintenance and extended operating lifetimes and is mainly used for a cooling agent to prevent the device from overheating.
Increasing demand for bio-based thermoplastic elastomers is the vital factor escalating the market growth, also rising demand from the construction industry, increased usage of aromatic ketone and fluoropolymers polymers in the end-user industry and biodegradability and recyclability of the thermoplastic polyurethane properties are the major factors among others driving the thermoplastic polyurethane market. Technological advancements and diversity in the usage of thermoplastic polyurethane in the end-user industry will further create new opportunities for the thermoplastic polyurethane market in the forecast period of 2020- 2027.
However, price fluctuation of raw materials and hygroscopic nature of the thermoplastic polyurethane are the major factors among others acting as restraints, and will further challenge the growth of the thermoplastic polyurethane market in the forecast period mentioned above.
This thermoplastic polyurethane market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on thermoplastic polyurethane market us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Thermoplastic Polyurethane Market Scope and Market Size
Thermoplastic polyurethane market is segmented on the basis of type, raw material and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the thermoplastic polyurethane market is segmented into polyester, polyether, polycaprolactone and others
- Based on end-user, the thermoplastic polyurethane market is segmented into footwear, engineering, automotive, hose and tubing, building and construction, wires and cables and medical
- Based on raw material, the thermoplastic polyurethane market is segmented into diisocyante, polyols and diols
Thermoplastic Polyurethane Market Country Level Analysis
Thermoplastic polyurethane market is analysed and market size, volume information is provided by country, type, raw material and end-user as referenced above.
The countries covered in the North America thermoplastic polyurethane market report are U.S., Canada and Mexico.
The U.S. dominates the North America thermoplastic polyurethane market due to positive market fundamentals for commercial real estate, strong economy and extensive demand from automotive industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Thermoplastic Polyurethane Market Share Analysis
Thermoplastic polyurethane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to thermoplastic polyurethane market.
The major players covered in the North America thermoplastic polyurethane market report are Honeywell International Inc, The Lubrizol Corporation, AMERICAN POLYFILM, INC., KURARAY CO., LTD. PolyOne Corporation BASF SE, Exxon Mobil Corporation, Specialty Products Inc., Dow, Huntsman International LLC. Evonik Industries AG, LyondellBasell Industries Holdings B.V., TPC Group, Formosa Plastics Corporation among other domestic players. Market share data is available for North America only. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : North America Thermoplastic Polyurethane Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.