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<br>The global PU Films market was valued at USD 485.8 million in 2018 and is expected to reach USD 888.0 million in 2026, growing at a CAGR of 9.0% during the forecast period. Rising demand for passenger vehicle globally and growing awareness regarding health and hygiene are expected to drive the growth of the PU Films market.<br>
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PUFilmsMarketexpectedtoreachUSD888.0millionin2026,growingataCAGRof9.0%duringtheforecastperiod.PUFilmsMarketexpectedtoreachUSD888.0millionin2026,growingataCAGRof9.0%duringtheforecastperiod. TheglobalPUFilmsmarketwasvaluedatUSD485.8millionin2018andisexpectedtoreachUSD888.0millionin2026,growingataCAGRof9.0%duringtheforecastperiod.RisingdemandforpassengervehiclegloballyandgrowingawarenessregardinghealthandhygieneareexpectedtodrivethegrowthofthePUFilmsmarket. PUfilms,especiallythermoplasticpolyurethane(TPU)filmsarereplacingthecommonfilmssuchasPP,PEandPVCinseveralapplicationsincludingautomotive&aerospace,textile&leisure,andmedical.ThepropertiesthatmakesPUfilmspreferableoverconventional/commonfilmsareexcellentelongationandtensilestrengths,excellentelastomericmemory,excellentchemicalandmicrobialresistance,andexcellentlowtemperatureflexibility. GetaSampleCopyofReport@https://www.alltheresearch.com/sample-request/189 Intheautomotiveindustry,PUfilmsareprimarilyusedinluxurycars.Thedemandforluxurycarshaswitnessasignificantincrementoverpastfiveyearsowingtotheincreaseindisposableincomeandconsumerpurchasingpower.In2017,thegloballuxurycarssalehasincreasedby17%overthepreviousyear.Inthefirstbusinessquarterof2018,thesalesoftwoleadingluxurycarmanufacturers,suchasMercedes-BenzandBMWhaveincreasedby12.0%and13.0%respectively.Moreover,JaguarLandRoverandVolvohavewitnessedgrowthsof66.0%and33%,respectively,sinceJanuary2018.ThegrowthoftheseluxurycarmarketispropellingthedemandforPUfilmsmarketintheautomotiveindustry,globally. However,highcostofPUfilmisthekeyfactorexpectedtohamperitsmarketgrowthduringtheforecastperiod.Therefore,PUfilmisunabletocaterthemajormarketsharecomparedtotheconventionalproduct.
CompanyProfilesandCompetitiveIntelligence: • ThekeyplayersfunctioningintheglobalPUfilmsmarketare3MCompany(US),SWMInternational(US),Covestro(Germany),Dunmore(US),CoverisAdvancedCoatings(US),Mh&WInternational(US),AveryDennison(US),DingzingAdvancedMaterials(Taiwan),andParGroup(UK)amongothers. • AskForCustomization@https://www.alltheresearch.com/customization/189KeyFindings: • Basedontype,thepolyesterPUfilmsegmentisexpectedtogrowatahigherCAGRof10.0%duringtheforecastperiod. • Basedonfunction,thethermoplastic-basedPUfilmsegmentaccountsofthelargestshareinthemarketandisexpectedtogrowataCAGRofaround9.5%duringtheforecastperiod. • Basedonend-useindustry,thetextile&leisuresegmentaccountsofthelargestshareinthemarketandheldformorethan30%ofthetotalmarketin2018. • Asia-Pacificaccountedfornearly38%shareoftheglobalPUFilmsmarketin2018 • RecentNews: • InJanuary2019,Covestrolaunchedbio-basedPUfilmformersforcosmeticindustry.
InJuly2019,SWMInternationalhasexpandeditsthermoplastic-basedPUfilmsmanufacturingfacilityinChina.InJuly2019,SWMInternationalhasexpandeditsthermoplastic-basedPUfilmsmanufacturingfacilityinChina. • InAugust2018,AveryDennisonlaunchedapremiumconformablepolyurethane(PU)filmwith‘self-healing’ capabilities. • AboutAlltheResearch: • AllTheResearchwasformedwiththeaimofmakingmarketresearchasignificanttoolformanagingbreakthroughsintheindustry.Asaleadingmarketresearchprovider,thefirmempowersitsglobalclientswithbusiness-criticalresearchsolutions.Theoutcomeofourstudyofnumerouscompaniesthatrelyonmarketresearchandconsultingdatafortheirdecision-makingmadeusrealize,thatit’snotjustsheerdata-points,buttherightanalysisthatcreatesadifference. ForallyourResearchneeds,reachouttousat: 39180LibertyStreetSuite110,Fremont,CA94538,USAContactPerson:RohitB. Email:contactus@alltheresearch.com US:1-888-691-6870