Thermoplastic Polyurethane Market worth $2.2 Billion by 2018 March 2014 | Page 2

Footwear Industry–Major Market for TPU TPU are mainly used in industrial application, coatings, and adhesives. Commercially available TPU differs for each end-user market. TPU is useful in applications such as automotive, building & construction, engineering, footwear, hose & tubing, medical, and wire & cable. TPU is used in wide range applications from automobile components to shoe sole. Use of TPU by these industries helps them making more efficient and effective products, to deliver better performance. Global TPU market to reach $2.2 billion by 2018 The global market for TPU in terms of revenue was estimated to be worth $1.4 billion in 2012 and is expected to reach $2.2 billion by 2018, growing at a CAGR of 7.2%, in terms of revenue, from 2013 to 2018. APAC region dominated the global TPU market, accounting for 52.8% of the global TPU market revenue in 2012. APAC is expected to have the highest market revenue in 2018 followed by the Western European market. ROW, a collection of individual country markets, is expected to be the fastest growing market in the future, with a CAGR of 7.7% from 2013 to 2018, owing to the rising consumption in this region where the end-user markets of TPU are growing steadily. The Western European market is expected to grow at a rate of 6.5%, in revenue terms and 4.9% in consumption terms from 2013 to 2018. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. M&M covers thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 Tel: [phone] Email: [email protected]