Global TPU Films Market 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.
Full research report on Global TPU Films Market: http://www.grandviewresearch.com/industry-analysis/tpu-films-industry
Further key findings from the study suggest:
View more reports of this category by Grand View Research at: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the Global TPU Films Market on the basis of application and region:
Global TPU Films Market Application Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2020)
Global TPU Films Regional Outlook (Volume, Tons; Revenue, USD Million, 2012 – 2020)
View Press Release on Global TPU FIlms Market: http://www.grandviewresearch.com/press-release/global-thermoplastic-polyurethane-tpu-films-market
About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, 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 healthcare.
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