Chemicals and Materials Polyurethane PU Films Market New
According to the new market research report "PU Films Market by Type (Polyether PU
films and 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", published by
MarketsandMarkets™, the PU Films Market is projected to grow from USD 449.0 million in
2018 to USD 688.6 million by 2023, at a CAGR of 8.9% during the forecast period. The
growth of the PU Films Market can be attributed to the rising demand for passenger
vehicles and luxury cars worldwide. Also, the growing concerns regarding health and
hygiene increased the medical & healthcare expenditure worldwide, which is favorable for
the growth of the PU Films Market.
Browse 70 market data Tables and 37 Figures spread through 106 Pages and in-depth TOC
on "PU Films Market”
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Growing demand for passenger vehicles and luxury cars is projected to lead the PU
films market during the forecast period.
PU films are mainly used in luxury cars in the automotive industry. Owing to the increase in
disposable income and purchasing power, the demand for luxury cars has increased over
the past five years. 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 2 luxury car manufacturers,
namely, BMW and Mercedes-Benz have increased by 13.0% and 12.0%, respectively. Also,
Jaguar Land Rover and Volvo have posted growths of 66.0% and 33%, respectively, since