tani shah
15 posts
Apr 05, 2024
1:26 AM
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The Global Expanded Thermoplastic Polyurethane (E-TPU) Market Report, published by Emergen Research, offers an industry-wide assessment of the Expanded Thermoplastic Polyurethane (E-TPU) market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development. The current trends of the Expanded Thermoplastic Polyurethane (E-TPU) market, combined with a wide array of growth opportunities, key drivers, restraints, challenges, and other critical aspects, have been vividly detailed in the Expanded Thermoplastic Polyurethane (E-TPU) market report. Furthermore, the report takes into account various market dynamics, which, in turn, generate a plethora of developmental prospects for the leading players involved in the of the Expanded Thermoplastic Polyurethane (E-TPU) industry.
The global Expanded Thermoplastic Polyurethane (E-TPU) market size reached USD 350.1 Million in 2020 and is expected to register a revenue CAGR of 9.2% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for expanded thermoplastic polyurethane due to high resilience and rising usage in the automotive industry are factors expected to support market revenue growth between 2021 and 2028. In addition, increasing demand from the automotive industry will continue to boost revenue growth of the market to a significant extent over the forecast period.Particle foams are ideal for a wide range of automotive applications owing to the material’s unique features. Fittings and components made of particle foam have good capacity to absorb energy during dynamic load. Impact absorbers are widely used for passive passenger and chassis safety in floors, steering columns, headliners, side panels, headrests, and bumpers.
Competitive Terrain:
The Global Expanded Thermoplastic Polyurethane (E-TPU) Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:
BASF SE, Plymouth Foam, LLC, Koninklijke DSM N.V., Guo Sheng Enterprise Co. Ltd., The Lubrizol Corporation, Great Eastern Resins Industrial Co. Ltd. (GRECO), Ningbo GMF New Material Technology Co., Ltd., Guangdong Gelin New Material Technology Co., Ltd., Wanhua Chemical Group Co., Ltd., and Miracll Chemicals Co., Ltd
To get access to the complete report on the Expanded Thermoplastic Polyurethane (E-TPU) market, click on the link mentioned here @ https://www.emergenresearch.com/industry-report/expanded-thermoplastic-polyurethane-market
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