Expanded Thermoplastic Polyurethane (E-TPU) Market Revenue, Driving Factors, Key Players, Strategies, Trends, Forecast
The global Expanded Thermoplastic Polyurethane (E-TPU) market size reached USD 350.1 Million in 2020 and is expected to register a revenue CAGR of 9.2% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for expanded thermoplastic polyurethane due to high resilience and rising usage in the automotive industry are factors expected to support market revenue growth between 2021 and 2028. In addition, increasing demand from the automotive industry will continue to boost revenue growth of the market to a significant extent over the forecast period.Particle foams are ideal for a wide range of automotive applications owing to the material’s unique features. Fittings and components made of particle foam have good capacity to absorb energy during dynamic load. Impact absorbers are widely used for passive passenger and chassis safety in floors, steering columns, headliners, side panels, headrests, and bumpers. The Global Expanded Thermoplastic Po...