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TPU Material for Car Air Mattress Market

TPU Material for Car Air Mattress Market

TPU Material for Car Air Mattress Market Global Industry Assessment & Forecast

# Pages:

180

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0554

Segments Covered
  • By Product Types TPU Flocking, TPU with Nylon Material, Others
  • By Application Passenger Car, Commercial Car
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: 1.82 Billion
Revenue 2028Revenue 2028: 2.94 Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 6.16%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst

Key Insights

The global TPU Material for Car Air Mattress market was valued at USD 1.82 Billion in 2020 and is projected to reach USD 2.94 Billion by 2028, growing at a CAGR of 6.16%% from 2021 to 2028.

Years Parameters
Historical Data (Actual Data) 2016-2020
Base Year Data 2020
Current Year Date 2021
Projected year data 2028
Annual Market Size (2028) 2.94 Billion
Annual Market Size (2021)
CAGR (2021 - 2028) 6.16%%

Overview and Description

Thermoplastic polyurethane (TPU) is class of polyurethane plastics with properties that includes elasticity, transparency, and resistance to oil, grease, and abrasion. Technically, they are thermoplastic elastomers that contain of linear segmented block copolymers made of hard and soft segments. It is significantly use in automobile industry.


The global TPU Material for Car Air Mattress market report provides a thorough analysis of each segment, region, and country. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecasts, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report. In addition to that, the report will cover a thorough analysis of major players operating in the market based on company overview, product portfolio, recent developments, business strategies, financial performance, and market share among others. Cumulatively, the report will cover all aspects regarding the global TPU Material for Car Air Mattress market. 

Yearly Infographics 1.82 Billion 2.94 Billion

COVID-19 Impact Analysis

In 2020, swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio. Moreover, in 2021 several key markets such as U.S., India, and Brazil among others witnessed a second wave of COVID-19 that further disrupted the market. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.


The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:


o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Industry Analysis

The report includes an exhaustive analysis of TPU Material for Car Air Mattress industry that includes drivers, restraints/challenges, opportunities, and segmental/regional trends among others. Apart from that, it will also cover extensive information on various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing trends,  SWOT analysis, and value chain among others.

The growing car sale globally is anticipated to augment the growth of the TPU material for car air mattress market during the forecast period. This is attributable to the rapid urbanization and industrialization, rising disposable income of the consumers, and enhancement in technologies. The emerging economies are major influencers of using TPU material. This in turn is anticipated to fuel the growth for TPU material for car air mattress market. 

TPU offers numerous physical and chemical property combinations for the most demanding applications such as automotive, wires and cables, breathable films for leisure, sports and textile coatings, among others. The benefits provided by TPU include excellent tensile strength, high elongation at break, good load bearing capacity and robust weather and high-energy radiation resistance, among others. Owing to these benefits the demand for TPU material is increasing which in turn is supporting the growth of the TPU material for car air mattress market.

The major factor that is anticipated to hamper the growth of the global TPU material for car air mattress market is the high cost of raw ingredients used in TPU compounds. One of these major raw ingredients is adipic acid that is used for the production of nylon. About 85% of the AA is being used to produce nylon and the remaining 15% is used for manufacturing of TPU compound.

Global TPU Material for Car Air Mattress Market Report Scope

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2020
Historic Years 2016-2020
Forecast Years 2021-2028
Market Size Provided In Terms Of Revenue & Volume
Segments Covered Product Types, Application
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Countries Covered The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others
Companies Covered Coim Group, API, Huntsman International LLC, Covestro AG, Suzhou Ruigao New Material Co. Ltd, Suzhou Austin Novel Materials Co. Ltd, Mitsui Chemicals Inc., BASF SE, The Lubrizol Corporation, Sumei Chemical Co. Ltd, Huafon Group, Wanhua Chemical Group Co.Ltd.
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Asia Pacific, company market share analysis, and COVID-19 impact analysis

Market Segmentation

Product Types  Analysis: Preview

On the basis of Product Types, the market is segmented into TPU Flocking, TPU with Nylon Material, Others. TPU with Nylon Material held the highest share in the global TPU Material for Car Air Mattress market and is projected to witness the same trend during the forecast period.

Application Analysis: Preview

Based on Application, the market is segmented into Passenger Car, Commercial Car. Passenger Car accounted for the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.

Analysis: Preview

Based on , the market is segmented into . dominates the global TPU Material for Car Air Mattress market and is expected to continue the same trend from 2021 to 2028. 

Global TPU Material for Car Air Mattress Market: Product Types Segment Analysis

    • TPU Flocking
    • TPU with Nylon Material
    • Others

Global TPU Material for Car Air Mattress Market: Application Segment Analysis

    • Passenger Car
    • Commercial Car

Regional Analysis: Preview

Geographically, the global TPU Material for Car Air Mattress market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa. The report covers a thorough segmental analysis for each region comprising of market size and estimations for each segment by region for the years 2016–2028. In addition to that the report analyses TPU Material for Car Air Mattress market at country-level hence the regional study is further bifurcated into key country-level markets from each region. Asia Pacific is anticipated to dominate the global market during upcoming years. This is accredited to the presence of key market players combined with rising demand from the end-users.  Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan.   

Market Size, 2021 (USD Billion)
North America
Europe
Asia Pacific
South America
Middle East Africa

Global TPU Material for Car Air Mattress Market: Regional Analysis

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

Major players in the global TPU Material for Car Air Mattress market are Coim Group, API, Huntsman International LLC, Covestro AG, Suzhou Ruigao New Material Co. Ltd, Suzhou Austin Novel Materials Co. Ltd, Mitsui Chemicals Inc., BASF SE, The Lubrizol Corporation, Sumei Chemical Co. Ltd, Huafon Group, Wanhua Chemical Group Co.Ltd.. The global TPU Material for Car Air Mattress market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network,  and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.   

Global TPU Material for Car Air Mattress Market: Key Highlights

  • The global TPU Material for Car Air Mattress market was valued at USD 1.82 Billion in 2020
  • The global TPU Material for Car Air Mattress Market is projected to reach USD 2.94 Billion by 2028
  • Asia Pacific held the highest share of the TPU Material for Car Air Mattress market in 2020
  • Some of the major companies operating in the TPU Material for Car Air Mattress market are Coim Group, API, Huntsman International LLC, Covestro AG, Suzhou Ruigao New Material Co. Ltd, Suzhou Austin Novel Materials Co. Ltd, Mitsui Chemicals Inc., BASF SE, The Lubrizol Corporation, Sumei Chemical Co. Ltd, Huafon Group, Wanhua Chemical Group Co.Ltd.

FAQ
Frequently Asked Question
  • The global TPU Material for Car Air Mattress valued at 1.82 Billion in 2020 and is expected to reach 2.94 Billion in 2028 growing at a CAGR of 6.16%%.

  • The prominent players in the market are Coim Group, API, Huntsman International LLC, Covestro AG, Suzhou Ruigao New Material Co. Ltd, Suzhou Austin Novel Materials Co. Ltd, Mitsui Chemicals Inc., BASF SE, The Lubrizol Corporation, Sumei Chemical Co. Ltd, Huafon Group, Wanhua Chemical Group Co.Ltd..

  • The market is project to grow at a CAGR of 6.16%% between 2021 and 2028.

  • The driving factors of the TPU Material for Car Air Mattress include

    • The growing car sale globally is anticipated to augment the growth of the TPU material for car air mattress market during the forecast period. This is attributable to the rapid urbanization and industrialization, rising disposable income of the consumers, and enhancement in technologies. The emerging economies are major influencers of using TPU material. This in turn is anticipated to fuel the growth for TPU material for car air mattress market.
    • TPU offers numerous physical and chemical property combinations for the most demanding applications such as automotive, wires and cables, breathable films for leisure, sports and textile coatings, among others. The benefits provided by TPU include excellent tensile strength, high elongation at break, good load bearing capacity and robust weather and high-energy radiation resistance, among others. Owing to these benefits the demand for TPU material is increasing which in turn is supporting the growth of the TPU material for car air mattress market.

  • Asia Pacific was the leading regional segment of the TPU Material for Car Air Mattress in 2020.