The North American 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 footwear, electronics, medical, and is a major driving factor for the growth of the North American thermoplastic polyurethane industry. Increasing demand for thermoplastic polyurethane in the manufacturing of automotive interior components such as door panel and instrumental panel further drives the thermoplastic polyurethane market in North America.
Browse the full report description North American 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/north-american-thermoplastic-polyurethane-tpu-market
Further, the consumers are increasingly preferring high performance and lightweight passenger cars, which in turn, is driving plastics innovation in automotive manufacturing. This has resulted in an increased consumption of thermoplastics in the automotive industry. Moreover, the high substitution rate of thermoplastic polyurethane as an alternative to ethylene propylene diene monomer in construction materials further tends to complement the North American demand for thermoplastic polyurethane during the forecast period.
Apart from these, thermoplastic polyurethane find applications in furniture and textile. In the furniture industry, adhesives and sealants manufactured from thermoplastic polyurethane are widely adopted in the lamination of plastic films onto kitchen or bathroom furniture applications.
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
North America
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