Global PU Films Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
Global PU Films Market Overview:
“The global PU Films Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global PU films market report has been segmented on the basis of type, function, end-use industry, and region.
Polyurethane (PU) films are also known as Urethane Film are important and used in various segments across the world. They are used in many industries such as medical, food and industrial markets as they have properties such as overall high strength and resistance to moisture, chemicals & abrasion.
They are transparent and elastic and does not contain any plasticizers. They are used in outdoor applications, medical devices, food contact applications, and surface protection. These films are also available in various hardness and durometers.
Increasing use of PU films in various industries, such as automotive & aerospace, textile & leisure, and medical are the major factors expected to drive growth of the global PU films market. In addition, increasing disposable income and purchasing power of people, rising demand for textile & leisure products are the other factors expected to drive growth of the global PU films market at the forecast period.
Furthermore, rising demand for luxury cars and premium passenger cars among the middle-class families are some of the other factor expected to drive revenue growth of the global PU films market. However, high cost of PU films is making the small-scale manufacturers turn to PU blend films which are cheaper than their counterparts is the major factor expected to restraint growth of the global PU films market.
In addition, PU films are costlier than the other substitute films are the factor expected to restraint the growth of global PU films market.
North America market is estimated to account for highest revenue share in the global PU film market over the forecast period, due to increasing automobile production in the countries in the region. Asia Pacific market is expected to account for the second-highest revenue share in the global PU films market, due to rising demand for luxury and premium automobiles, which use PU films for paint protection application in the countries in the region.
The market in Europe is projected to register fastest growth rate in terms of revenue due to presence of large textile & leisure exporting economies in the countries in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to register moderate growth rate over the forecast period. Revenue from the market in Middle East & Africa is projected to register a CAGR of X.X% in the global PU films market over the forecast period.
Global PU Films Market Segmentation:
- Polyester PU Films
- Polyether PU Films
- Thermoset-based PU Films
- Thermoplastic-based PU Films
By End-use Industry:
- Automotive & Aerospace
- Textile & Leisure
- Others (include food and industrial, consumer goods, etc.)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Covestro AG
- Schweitzer-Mauduit International, Inc.
- The 3M Company
- AVERY DENNISON CORPORATION
- DingZing Advanced Materials Inc.
- American Polyfilm Inc.
- Carestream Health
- Coveris Holdings S.A
- Erez Europe
- GERGONNE INDUSTRIE
- MH&W International Corp.
- Nihon Matia Co. Ltd.
- Novotex Italiana S.p.A
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