The European thermoplastic polyurethane market is estimated to exhibit a considerable CAGR during the forecast period. There is increasing use of thermoplastic polyurethane in various end-user industries such as electronics, medical, and footwear. Moreover, major economies covered in the report and are contributing to the growth of the European thermoplastic polyurethane industry include the UK, Germany, Italy, Spain, France, and the Rest of Europe.
Browse the full report description European Thermoplastic Polyurethane (TPU) Market Size, Share & Trends Analysis Report, By Raw Material (Polyols, Diisocyanate, and Diols), By Application (Footwear, Industrial Machinery, Automotive, Electronics, Medical, and Others), and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/european-thermoplastic-polyurethane-tpu-market
Germany is the largest economy in Europe and the 4th largest economy globally. It is the second-most populous country in Europe after Russia. The country is also the largest producer and manufacturer of plastic in Europe. In 2016, the country had the highest demand for plastic in Europe with 25% of 50 million tons. The country has a significant number of plastic machine manufacturers, plastics, and rubber recycling players along with the application industries.
The Italian plastic industry consists of three key sectors including plastic materials production, plastic processing, and plastic and rubber machinery. According to the International Trade Administration, the plastic market is significantly developed in Italy with 11,000 companies, about 160,000 employees, Thus, the large share of the plastic industry in the country creates various opportunities for the market to grow in the near future. With a growing plastic industry in the country, the market for thermoplastic polyurethane is expected to grow significantly.
Market Coverage
Key questions addressed by the report
North American Thermoplastic Polyurethane Market- Segmentation
By Raw Material
By Application
North American Thermoplastic Polyurethane Market– Segment by Region
Europe
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