What is the future of PU Films Market? Know Covid Impact on Size, Share & Forecasts
June 11, 2020
The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the PU Films Market.
It was estimated prior to this unanticipated outbreak that the PU Films Market was expected to grow at a CAGR of 10.7% during the forecast period. However, the gradual slowing down of industries will undoubtedly impose limits on the previously estimated growth rate.
For a more detailed breakdown of the COVID-19 impact on the PU Films Market, request a free sample of the report here:
https://www.stratviewresearch.com/Request-Sample/579/pu-films-market.html
PU Films are also referred to as urethane films, TPU films and also with its actual name Polyurethane film. The films are made of materials that are known to have a number of beneficial properties such as the variety of hardness, elongation quality, long-term durability, low-temperature flexibility, tensile strength, biocompatibility, environment-friendly, and abrasion-resistant.
PU Films can function based on types such as Polyester or Polyether films or also thermoplastic-based or thermoset-based. These films are highly used in multiple industries such as textile, automotive, aerospace, medical, and many others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
Click here for description of the report:
https://www.stratviewresearch.com/579/pu-films-market.html
Based on the type, the market is segmented as polyester PU films and polyether PU films. The polyester PU films segment is estimated to lead the market in the coming five years. The growth is attributed to the growing demand for polyester PU films in the textile & leisure industry due to their economical cost.
Based on the function type, the market is segmented as thermoplastic-based PU films and thermoset-based PU films. The thermoplastic-based PU film segment is estimated to have a higher growth during the forecast period. Its easy processability drives the growth of this segment.
Based on the end-use industry type, the market is segmented as textile & leisure, automotive & aerospace, medical, and others. The textile & leisure segment is expected to lead the market in the coming five years. This growth is driven by its high demand from manufacturing industries.
In terms of regions, Asia-Pacific is expected to lead the market for PU films in the coming five years. China and India are the growth engines of the region. The market is sustained by the increasing demand for PU films for paint protection by the automobile industry. Europe and North America also offer sizeable growth opportunities during the forecast period.
Key Players:
Some of the PU film manufacturers are Covestro, The 3M Company, Avery Dennison Corporation, Dingzing Advanced Materials Inc., Coveris Advanced Coatings, Mh&W International, and Par Group.
Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
The PU Films Market analysis report discusses the following heads in great detail:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- COVID-19 Impact Assessment
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
- Key success factors
Know more about us and our reports:
Stratview Research has been offering its insightful reports and custom researches to the interested clients in some of important industry sectors such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas. The data is collected for the reports is collected from reliable sources and is analysed carefully to come up with an end result that is resourceful and worthy for the interesting clients.
Phone No. - +1-313-307-4176
Email - sales@stratviewresearch.com
Website - https://www.stratviewresearch.com/