The global demand for TPU Powder Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Tons in 2021 and forecast to touch XX Tons by 2028 with a CAGR of XX% during 2022-2028.
Thermoplastic polyurethane (TPU) powders are produced by spray-drying polymer dispersions. It is ideal for the production of the parts requiring shock absorption, energy return, or flexibility. TPU powder finds its applications in manufacturing sports protection equipment, footwear, orthopedic models, car interior components, and various industrial tools like pipes and grippers. It is extremely easy to 3D print with TPU powder, has very high process stability, which making it a perfect fit for production of various parts.
Market Dynamics
The global TPU powder market is projected to grow at a tremendous rate during the forecast period. Its superior property offerings primarily drive the market. The market is stimulated by the thriving sports, footwear, orthopedic, and automotive industry. The powder is commonly used for the manufacturing of parts that require flex to them. The market is witnessing robust opportunities owing to the rapid emergence of 3D printing in industrial manufacturing. It is used in the 3d printing polymer process due to the powders rubber-like elasticity and high thermal stability. TPU powders allow high-speed sintering, two printing processes that allow complex printing structures with flexible and rigid TPUs. However, the presence of other competitive products in the market is likely to hamper the market's growth. Currently, global TPU powder market is dominated by a limited companies. But, a picture is looking to changing in the coming years as many companies are working on developing and commercializing their product.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of tpu powder. The growth and trends of TPU Powder Industry provide a holistic approach to this study.
Market Segmentation
This section of the tpu powder market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Above 90A Hardness
- Below 90A Hardness
By Application
- Sports Protective Equipment
- Footwear
- Orthopedic Model
- Automotive Interior Parts
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the TPU Powder market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global TPU Powder Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the tpu powder market include Lubrizol, Covestro, BASF, Wanhua Chemical, Huntsman Corporation, Elcan Industries Inc., Advanc3D. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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