COVID-19 Impact Analysis on TPU Powder Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the tpu powder market include Lubrizol, Covestro, BASF, Wanhua Chemical, Huntsman Corporation, Elcan Industries Inc., Advanc3D. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The global TPU powder market is projected to grow at a tremendous rate during the forecast period. Its superior property offerings primarily drive the market. The market is stimulated by the thriving sports, footwear, orthopedic, and automotive industry. The powder is commonly used for the manufacturing of parts that require flex to them. The market is witnessing robust opportunities owing to the rapid emergence of 3D printing in industrial manufacturing. It is used in the 3d printing polymer process due to the powders rubber-like elasticity and high thermal stability. TPU powders allow high-speed sintering, two printing processes that allow complex printing structures with flexible and rigid TPUs. However, the presence of other competitive products in the market is likely to hamper the market's growth. Currently, global TPU powder market is dominated by a limited companies. But, a picture is looking to changing in the coming years as many companies are working on developing and commercializing their product.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of tpu powder. The growth and trends of TPU Powder Industry provide a holistic approach to this study.
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Market Segmentation
This section of the tpu powder market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Above 90A Hardness
- Below 90A Hardness
By Application
- Sports Protective Equipment
- Footwear
- Orthopedic Model
- Automotive Interior Parts
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the TPU Powder market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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According to the study, increasing demand for TPU elastomers in emerging economies of Asia Pacific excluding Japan (APEJ) continues to create sizeable opportunities for manufacturers.
APEJ continues to hold over 50% share of TPU elastomers globally.After reading the TPU elastomers market report, readers get insight into:Major drivers and restraining factors, opportunities and challenges, and the competitive landscapeNew, promising avenues in key regionsNew revenue streams for all players in emerging marketsFocus and changing role of various regulatory agencies in bolstering new opportunities in various regionsDemand and uptake patterns in key industries of the TPU elastomers marketNew research and development projects in new technologies in key regional marketsChanging revenue share and size of key product segments during the forecast periodTechnologies and business models with disruptive potentialAnalyzing the key factors that are fuelling TPU elastomers demand in APEJ, the study reports that strong presence of leading chemical companies along with increasing penetration of small- and medium-scale companies remain key growth drivers.
Increasing investments by top-tiered players and rapidly-growing end-user industries continue to attract investments by market leaders, finds the Fact.MR study.Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM_id=3445The Fact.MR study also assesses the business and product strategies of key players in the TPU elastomers market.
Investments and expansion in Asia Pacific continue to be a key focus for stakeholders in the TPU elastomers market.
BASF’s investment in Expanded Thermoplastic Polyurethane (E-TPU) Infinergy® at Changhua, Taiwan, and The Lubrizol Corporation’s investment in Songjiang (Shanghai) China plant are indicators of the growing prominence of APEJ among stakeholders.Environmental Concerns Trigger Manufacturing InnovationsThe study finds that although TPU elastomers have been witnessing incremental demand across versatile industrial applications, meeting the evolving sustainability requirements continues to be a challenge for stakeholders.
In many countries of APEJ, environmental regulations have become more stringent over the years, and manufacturers have had to adapt to the changing status-quo.Some notable examples include,In March 2019, Lubrizol International, Inc. announced the launch of a new, toluene-free Pearlbond™ TPU for films and adhesives, to expand its high-melt strength Pearlbond TPU portfolio.
