Thermoplastic Polyurethane (TPU) Films Market, By Chemical Class (Polyester, Polyether, Polycaprolactone), By Application (Footwear and Apparel, Medical Supplies, Sports Equipment, Building and Construction, Others (Electronics, Automotive, and Industrial Applications)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Thermoplastic Polyurethane (TPU) Films are a versatile material that is used in many industries. They are lightweight, durable, and have excellent chemical and mechanical resistance. In addition, they can withstand high temperatures, which makes them a useful choice for many applications.
Market Dynamics:
Increasing usage in footwear and apparel industry is primarily fueling growth of the global Thermoplastic Polyurethane (TPU) Films market. Moreover, growing application in aircraft’s interior flooring and cabin furnishing materials to offer excellent durability, comfort, and fire safety to textiles and laminate materials is again fostering market growth.
Additionally, growing popularity of bio-based TPU is expected to offer lucrative growth opportunities for the market players in the near future.
On the other hand, high price of raw materials is expected to restrict the market growth.
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