TPU Film Market Key Players and Competitive Landscape
Thermoplastic Polyurethane Films Industry Overview The global thermoplastic polyurethane films market size was valued at USD 386.93 million in 2022 and is expected to register a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. Thermoplastic polyurethane (TPU) film is a versatile substrate that is made to order for performance applications. Its adaptability is partly due to the wide range of base chemical classes. It can be extruded with polyester, polyether, or polycaprolactone. The global demand for TPU films has seen an upswing during the last two years, owing to a period of stability in the automotive industry. Key automotive applications of TPU films include exterior applications such as paint protection, scratch protection, anti-stone chipping, cowl protection, and rear bumper protection. TPU films are being increasingly used as an alternative to rubber and traditional plastic materials in the automotive industry. The global demand for automobiles ...