$500+ Million PU Films Market by Type, Function, End-Use Industry and Region - Global Forecast to 2023

10/10/2018, 1:21 PM (Source: GlobeNewswire)

Dublin, Oct. 10, 2018 (GLOBE NEWSWIRE) -- The "PU Films Market by Type (Polyether PU Films & Polyester PU Films), Function (Thermoplastic-based PU Films and Thermoset-based PU Films), End-Use Industry (Textile & Leisure, Automotive & Aerospace, and Medical), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The PU films market is estimated to be USD 449.0 million in 2018 and is projected to reach USD 688.6 million by 2023, at a CAGR of 8.9% from 2018.

PU films are used in various industries, such as automotive & aerospace, textile & leisure, and medical. The growth of the PU films market can be attributed to growing demand for luxury cars and premium passenger cars. Demand for luxury cars has increased globally in the past five years owing to the increase in disposable income and purchasing power of people. The sale of luxury cars has increased globally by 17% in 2017 over the previous year.

From the beginning of 2018, the sales of top two luxury car manufacturers, namely, BMW and Mercedes-Benz have increased by 13.0% and 12.0%, respectively. The demand for PU films is also boosted by aftermarket sales. PU films are costlier than the other substitute films available in the market. Many local and small-scale manufacturers are engaged in the manufacturing of PU blend films which are cheaper than PU films. The consumers in the APAC market are inclined toward the use of cheaper films due to cost reduction. This scenario is restraining the growth of the PU films market.

The textile & leisure end-use industry segment is projected to grow at the highest CAGR between 2018 and 2023, owing to the increased demand for textile & leisure products across the world. Growing population and increase in their disposable income drive the demand for textile & leisure products. Global textile production is also expected to increase during the forecast period and is expected to register a CAGR of 4.8% between 2015 and 2020. The growth is mainly driven by the increased purchasing power of middle-class families.

APAC is estimated to account for the largest share of the PU films market in 2018, owing to the increased production of automobiles in this region. Increase in automobile production in APAC is primarily driven by the presence of leading automotive OEMs in this region. The increasing use of PU films for paint protection application is expected to drive the growth of the PU films market in APAC.

In addition, the demand for PU films is mainly driven by the textile and leisure industry in APAC. China and India are the largest markets of textile & leisure products across the world. The presence of the largest and third-largest textile exporting economies is favorable for the growth of the PU films market.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 PU Films Market Overview, 2018 Vs. 2023
4.2 APAC PU Films Market, By End-Use Industry And Country (2017)
4.3 PU Films Market, By End-Use Industry
4.4 PU Films Market, By Function
4.5 PU Films Market, By Type
4.6 PU Films Market, By Region, 2017

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Growing Demand For Passenger Vehicles And Luxury Cars Growing Awareness Regarding Health And Hygiene
5.2.2 Restraints High Cost Of PU Films
5.2.3 Opportunities Growing End-Use Industries In Developing Regions Growing Number Of Windmill Power Plants, Globally
5.2.4 Challenges Growing Demand For Pu Blend Films
5.3 Porter's Five Forces Analysis

6 Macroeconomic Overview And Key Trends
6.1 Introduction
6.1.1 Trends And Forecast Of GDP
6.1.2 Trends Of Global Automotive Industry (2012-2016)
6.1.3 Trends Of Global Textile Industry (2012-2016)

7 PU Films Market, By Type
7.1 Introduction
7.2 Polyester PU Films
7.3 Polyether PU Films

8 PU Films Market, By Function
8.1 Introduction
8.1.1 Thermoplastic-Based PU Films
8.1.2 Thermoset-Based PU Films

9 PU Films Market, By End-Use Industry
9.1 Introduction
9.2 Textile & Leisure
9.2.1 Textile Fabric Manufacturing Sealing & Blackout Films
9.2.2 Sports & Leisure
9.3 Automotive & Aerospace
9.3.1 Paint Protection
9.3.2 Sound Dampening
9.4 Medical
9.4.1 Wound Care
9.4.2 Surgical Tools
9.5 Others

10 PU Films Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 APAC
10.3.1 China
10.3.2 Japan
10.3.3 South Korea
10.3.4 India
10.3.5 Rest Of APAC
10.4 Europe
10.4.1 Germany
10.4.2 France
10.4.3 UK
10.4.4 Italy
10.4.5 Spain
10.4.6 Rest Of Europe
10.5 Rest Of World
10.5.1 Brazil
10.5.2 Others

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis
11.2.1 Covestro
11.2.2 SWM International
11.2.3 3M Company
11.2.4 Avery Dennison
11.2.5 Dinzing Advanced Materials
11.3 Competitive Situations & Trends
11.4 Expansion
11.5 Acquisition
11.6 New Product Launch

12 Company Profile
12.1 Covestro
12.2 SWM International
12.3 3M Company
12.4 Avery Dennison
12.5 Dingzing Advanced Materials
12.6 Coveris Advanced Coatings
12.7 Dunmore
12.8 MH&W International
12.9 PAR Group
12.10 Permali
12.11 RTP Company
12.12 Other Companies
12.12.1 Novotex Italiana
12.12.2 Shanghai Qing Gen Industrial
12.12.3 American Polyfilm
12.12.4 Gergonne Group
12.12.5 Scorpion Protective Coatings
12.12.6 Vreeberg Elastic Materials
12.12.7 Erez Europe
12.12.8 Nihon Matai Co., Ltd.
12.12.9 Blue Star Rubber Products
12.12.10 Carestream Health

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Related Topics: Plastic Films 


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