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Polyurethane PU Films Market Expected to Collect 688.6 Million USD by 2023

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Abdul Tamboli
Polyurethane PU Films Market Expected to Collect 688.6 Million USD by 2023

[106 Pages Report] Polyurethane PU Films Market was valued at USD 413.4 million in 2017 and is projected to reach USD 688.6 million by 2023, at a CAGR of 8.9% during the forecast period. The base year considered for the study on the PU films market is 2017 and the forecast period considered is between 2018 and 2023.


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Key Target Audience:

  • Manufacturers of PU films
  • Traders, distributors, and suppliers of PU films
  • Automotive OEMs
  • Government & regional agencies and research organizations
  • Investment research firms


Based on type, the PU films market has been segmented into polyester PU films and polyether PU films. The polyester PU films segment is estimated to account for a larger share of the PU films market in 2018 than the polyether PU films segment due to the low cost of polyester PU films and its high demand in the textile & leisure industry.


https://www.prnewswire.com/news-releases/pu-films-market-worth-688-6-million-by-2023-816682703.html


Based on function, the PU films market has been segmented into thermoplastic-based PU films and thermoset-based PU films. Thermoplastic-based PU films accounted for the larger market share in the PU films market owing to its easy processability and its major applications areas. This segment is also expected to register the higher CAGR during the forecast period.


The key players operating in the PU films market include Covestro (Germany), SWM International (US), 3M Company (US), Avery Dennison (US), and DingZing Advanced Materials (Taiwan). These leading players have adopted various growth strategies such as new product launches, acquisitions, mergers, expansions, partnerships, and joint ventures to strengthen their position in the PU films market and widen their customer base. For instance, in 2018, Covestro announced to expand its films production capacity at four locations, namely, Thailand, the US, China, and Germany. This expansion is intended to meet the growing demand for films in these markets. The company is planning to invest more than USD 116 million at these locations.


Early buyers will receive 10% free customization on this report.

Don't miss out on business opportunities in Polyurethane PU Films Market.

Read our blog for more details: https://chemabd007.blogspot.com/2019/07/polyurethane-pu-films-market-size-worth.html


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