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Thermoplastic Polyurethane (TPU) Films Market Current Status and Forecast to 2020

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.

The Global Thermoplastic Polyurethane (TPU) Films Market is expected to reach USD 724.6 million by 2020, according to a new study by Grand View Research, Inc.


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.

Global TPU films market demand was 46,769.1 tons in 2013 and is expected to reach 68,033.1 tons by 2020, growing at a CAGR of 5.5% from 2014 to 2020. Aerospace is expected to be the fastest growing application segment, at an estimated CAGR of 6.6% from 2014 to 2020.

North America and Europe accounted for over 27% and 19% of the total market volume in 2013, respectively. Increasing use of TPU films in automotive and construction applications is expected to drive the market growth in these regions.

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China and India dominated the TPU films market in Asia Pacific and accounted for over 60% of the market volume in 2013. Japan TPU films demand was estimated at 3,685.4 tons in 2013 and is expected to grow at an estimated CAGR of 4.9% from 2014 to 2020.

Top Players of Thermoplastic Polyurethane (TPU) Films Market:

The global TPU films market is highly fragmented with the top four companies including Bayer Material Science, Huntsman, 3M and Permali Gloucester Limited, accounting for just over 40% of the market in 2013. Other companies in the market include American Polyfilm Inc., PAR Group, Nippon, Lubrizol and Avery Dennison.

Market Segmentation of Thermoplastic Polyurethane (TPU) Films Market:

The Thermoplastic Polyurethane (TPU) Films Market on the basis of Application and Region.

By Application:

    Automotive
    Railway
    Leisure and sports
    Energy
    Building & Construction
    Furniture
    Aerospace

By Region:

    North America
    Europe
    Asia Pacific
    Japan
    RoW

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