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The $700 million TPU film market hot shock!

Source:Dongguan LingKe New Materials Co., Ltd. Click:2172Time:2016-03-26 18:34:00SmallInBig

One, the automotive industry led TPU Market

The development of automobile industry to promote the TPU market active. According to statistics, TPU film market dominated by automotive applications, in 2013 the demand for 1.16221 million tons. In the automotive field, more and more TPU film is used to paint protection, anti scratch protective, anti debris and bumper. The aerospace industry is the fastest applications demand growth is expected to 2020 years compound annual growth rate will reach 6.6%.

Two, the Asia Pacific region is the main market for TPU films

The Asia Pacific region is a TPU film the world's largest regional market, in 2013 the demand for 16 thousand and 299 tons. Within the next six years, is expected to the automotive industry development and sports products and construction requirements of the TPU film may promote the growth of this market. At the same time, compared to other regional markets, Asia Pacific TPU film prices lower this may also contribute to market growth. Among them, Chinese and India leading Asia Pacific TPU film market. In 2013, the two countries demand accounted for more than 60% of the amount of market demand in the region. Japan's 2013 TPU film demand is about 3685.4 tons, is expected to 2020, Japan needs a compound annual growth rate will reach 4.9%. in North America and European demand for TPU film in the global total demand accounted for 27% and 19%. cars and construction of TPU film in addition to the amount will promote both market growth.
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