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Market Review for Thermoplastic Polyurethane in CIS
Thermoplastic polyurethane (TPU) is the thermoplastic elastomer widely applied in the manufacture of shoe soles, electronics, automobiles and cable products. TPU is known for its outstanding elasticity, transparency, abrasiveness and oil resistance. Such valuable properties make TPU essential in a wide range of applications one of which is the production of cases for electronic devices like iPhone. Review of the global market for thermoplastic polyurethane shows a buoyant demand, specifically in Asia which is the world’s largest TPU manufacturer. About 60% of the total TPU output is produced in Asia. Vigorously growing demand for TPU in this region attracts a lot of the Western companies to make good investments into its production.
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