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Automotive applications dominated the TPU films market, with demand estimated at 11,622.1 tons in 2013. Increasing use of TPU films in automotive applications such as paint protection, scratch protection, anti-chipping and rear bumper protection coupled with growing after sales market is expected to fuel market growth. More Information visit http://www.grandviewresearch.com/industry-analysis/tpu-films-industry
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Global Thermoplastic Polyurethane (TPU) Films Market Expected To Reach USD 724.6 Million By 2020: Grand View Research, Inc. Grand View Research has announced the addition of "Global Thermoplastic Polyurethane (TPU) Films Market Analysis And Segment Forecasts To 2020" Market Research report to their Database
The global TPU films market (http://www.grandviewresearch.com/industry-analysis/tpu-films-industry) is expected to reach USD 724.6 million by 2020, according to a new study by Grand View Research, Inc. Automotive applications dominated the TPU films market, with demand estimated at 11,622.1 tons in 2013. Increasing use of TPU films in automotive applications such as paint protection, scratch protection, anti-chipping and rear bumper protection coupled with growing after sales market is expected to fuel market growth. Asia Pacific emerged as the largest regional TPU films market, with demand estimated at 16,299 tons in 2013. Growth of automotive industry coupled with increasing application of TPU films in sports goods and construction is expected to drive the market growth over the next six years, at an estimated CAGR of 7.8% from 2014 to 2020. Furthermore, lower TPU film prices in Asia Pacific compared to other regional markets may also complement market growth. To request a sample copy or view summary of this report, click the link below: http://www.grandviewresearch.com/industry-analysis/tpu-films-industry
Further key findings from the study suggest: • Global TPU films market demand was 46,769.1 tons in 2013 and is expected to reach 68,033.1 tons by 2020, growing at a CAGR of 5.5% from 2014 to 2020. • Aerospace is expected to be the fastest growing application segment, at an estimated CAGR of 6.6% from 2014 to 2020. • North America and Europe accounted for over 27% and 19% of the total market volume in 2013, respectively. Increasing use of TPU films in automotive and construction applications is expected to drive the market growth in these regions. • China and India dominated the TPU films market in Asia Pacific and accounted for over 60% of the market volume in 2013. • Japan TPU films demand was estimated at 3,685.4 tons in 2013 and is expected to grow at an estimated CAGR of 4.9% from 2014 to 2020. • The global TPU films market is highly fragmented with the top four companies including Bayer Material Science, Huntsman, 3M and Permali Gloucester Limited, accounting for just over 40% of the market in 2013. Other companies in the market include American Polyfilm Inc., PAR Group, Nippon, Lubrizol and Avery Dennison. For More http://www.grandviewresearch.com/industry-analysis/tpu-films-industry
Request free sample of this Report @ http://www.grandviewresearch.com/industry-analysis/tpu-films-industry/request For the purpose of this study, Grand View Research has segmented the TPU films market on the basis of application and region: • Global TPU Films Market Application Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)• Automotive• Railway• Leisure and sports• Energy• Building & Construction• Furniture• Aerospace• Others • Global TPU Films Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 - 2020)• North America• Europe• Asia Pacific• Japan• RoW Browse All Reports of this category http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/ Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415-349-0058 Email: sales@grandviewresearch.com