Polyurethane (PU) films are used in various segments of the world and are majorly employed in luxury cars and aerospace industry. The rising disposable income of the world that has increased the purchasing power of the world is directly affecting the demand for PU films.
However, the high cost of PU films is turning the small-scale manufacturers and low income consumers to the low cost substitutes.
This report presents production, consumption, revenue, gross margin, cost, gross, market share, CAGR, and global market factors influencing the Polyurethane Film Films market in 2013-2023. Due to the growing demand at the end user level, the Chemical & Material market is expected to see progress during the forthcoming period of 2019 to 2025. Regional market segmentation included North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa’s historical and forecast mandates. The Polyurethane Film market report provides a far-reaching analysis of the PU Films market by type, application, player, and region. This report includes all company profiles for top players and brands. We took up their company profiles in order to truly understand these key players and brands. It also includes a synopsis of market definition, classification, and market trends. The Polyurethane Film market’s drivers and limitations were derived from a well-known SWOT analysis method.
The PU Films Market is expected to grow at a CAGR of 8.5% in the forecast period of 2018-2025, rising from the value of USD 410 million in 2017 to an estimated value of USD 787.4 million in 2025. PU films are mainly used in luxurious cars and therefore with the rising disposable income of the world, the demand for luxurious cars is on the rise, therefore the demand for PU films will also rise.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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- Covestro AG
- Schweitzer-Mauduit International
- AVERY DENNISON CORPORATION
- DingZing Advanced Materials
- American Polyfilm
- Carestream Health
- Erez Europe
- GERGONNE INDUSTRIE
- MH&W International Corp
- Nihon Matia
- Novotex Italiana
- PAR Group
- RTP Company
- Scorpion Protective Coatings
- Vreeberg elastic materials
…And More GET DETAILED TOC AT: https://databridgemarketresearch.com/toc/?dbmr=global-pu-films-market
Market Drivers & Restraints:
The rising demand for high end luxury cars and premium passenger cars is directly affecting the demand for PU films market and is increasing its market growth, With high disposable income of the world, purchasing power is at an all-time high and therefore, the demand for textile & leisure products is also a factor for PU films market growth, High cost of PU films is making the small-scale manufacturers turn to PU blend films which are cheaper than their counterparts, this strategy is halting the market growth of the PU films market, Demand for PU films in the APAC region is lowering due to their inclination towards adopting cheaper substitutes for their products, this factor is majorly halting the progress of PU films market in the region, Polyurethane (PU) films are used in various segments of the world and are majorly employed in luxury cars and aerospace industry. The rising disposable income of the world that has increased the purchasing power of the world is directly affecting the demand for PU films., However, the high cost of PU films is turning the small-scale manufacturers and low income consumers to the low cost substitutes.
- Polyester PU Films
- Polyether PU Films
- Thermoset-based PU Films
- Thermoplastic-based PU Films
- Automotive & Aerospace
- Textile & Leisure
- North America
- South America
- Middle East & Africa
The Global PU Films Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. In 2018, Covestro AG announced the expansion plans of its PU films production capacity in U.S., Germany, Thailand, and China. This is to meet the growing demand for PU films in the market. The company plans to invest more than USD 116 million at the above-mentioned locations.
The report includes market shares of PU Films Market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.