The PU Films market was valued at USD 565.3 Million in 2020 and is projected to grow at a CAGR of 8.3%, from 2020 to reach USD 1,076.9 Million by the year 2028. PU films is also known as Polyurethane plastic film, Urethane film, and TPU film roll. Polyurethane plastic film is a naturally a reliable product and used in many areas as surface protection. It is developed from a wide range of additives and resins and available in a variety of hardness. PU film finds applications in several industries, including automobile, construction, aerospace, healthcare, textile, and others. Polyurethane film is preferred over its substitutes due to the various advantages it offers like high ductile strength, chemical and microbial resistance, breathability (moisture vapor transmission), elasticity, conformability, and surface texture. Additional beneficial properties, such as water, chemical, puncture, abrasion and tear resistance, high resilience, and cool temperature resistance, are projected to boost the product demand since it makes it ideal for various industrial applications.
Top Companies Operating in the Global Polyurethane (PU) Films Market:
SWM International (US), Covestro AG (Germany), 3M Company (U.S.), DingZing Advanced Materials Inc. (Taiwan), and Avery Dennison Corporation (U.S.). MHW International Corporation (US), PAR Group (UK), and RTP Company (US)
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Polyurethane (PU) Films market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Polyurethane (PU) Films market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Polyurethane (PU) Films market key players
3.2 Global Polyurethane (PU) Films size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Polyurethane (PU) Films market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Polyurethane (PU) Films Market Segmentation
Product Type (Revenue in USD Million; Volume in Tons, 2020-2028)
- Polyether
- Polyester
Function Outlook (Revenue in USD Million; Volume in Tons, 2020-2028)
- Thermoplastic based
- Thermoset based
End-Use Outlook (Revenue in USD Million; Volume in Tons, 2020-2028)
- Automotive
- Textile Leisure
- Aerospace
- Medical
- Construction
- Others
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