PU Film Market Overview
PU Film Market size is forecast to reach $812.54 million by 2026, after
growing at a CAGR of 9% during 2021-2026. Polyurethanes are formed by reacting
an alcohol with more than two reactive hydroxyl group for each molecule that is
Polyol with a diisocyanate or polymeric isocyanate in presence of additives and
catalysts. Different kinds of polyurethanes can be produced for different
applications because of variety of diisocyanate and polyols. The Antimicrobial
Polyurethane Films is compatible with all types of resins and offers antimicrobial grades of several of most popular films. TPU film is a
flexible substrate that can be tailored to a wide range of performance
requirements. The range of base chemical classes used in TPU contributes to its
adaptability. Polyester, polyether, or polycaprolactone can all be used to
extrude TPU films. The growth in the market is due to the increase in the usage
of PU Films in different applications like gaskets, seals, blackout films,
protective gears, etc. in various sectors like, building & construction,
automotive, textile, medical, aerospace and others.
COVID-19
Impact
The emergence of COVID-19,
which is declared a pandemic by the World Health Organization, is having a
noticeable impact on global economic growth. Currently the PU Film Market has
been affected due to COVID-19 pandemic where most of the industrial activity
has been temporarily shut down. This in turn has affected the demand and supply
chain as well which has been restricting the growth in year 2020. COVID-19 has
the ability to have three significant impacts on the global economy: directly
influencing production and demand, causing supply chain and consumer instability,
and having a financial impact on companies and financial markets.
PU Film Market Report
Coverage
The report: “PU Film Market - Forecast (2021-2026)”, by
IndustryARC, covers an in-depth analysis of the following segments of the PU
Film Industry.
By Type: Polyester and Polyether.
By Lamination Method: Flame Lamination, Adhesive Lamination and Hot-Melt Lamination.
By Function:
Thermoset
PU Films and Thermoplastic PU Films.
By Application: Protective Gears
and Garments, Fabric Lamination, Gaskets and Seals, Vacuum Bags, Barrier Films
and insulation system, Pneumatic Bladders, Wastewater, Blackout Films and
Others.
By
End Use: Building and Construction, Textile Industry, Automotive,
Aerospace, Medical, Food and Beverages and Others.
By Geography: North America (U.S, Canada, and Mexico), Europe (U.K., Germany,
France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), APAC (China,
Japan India, South Korea, Australia & New Zealand, and Rest of Asia
Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa).
Key Takeaways
- Asia Pacific dominates the PU Film Market owing to rapid increase in textile industry and medical industries.
- The market drivers and restraints have been assessed to understand their impact over the forecast period.
- The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.
- The other key areas of focus include the various applications and end use industry in PU Film Market and their specific segmented revenue.
- Due to the COVID-19 pandemic, most of the countries have gone under temporary shutdown, due to which operations of PU Film Market related industries has been negatively affected, thus hampering the growth of the market.
Figure: PU Films Market Revenue, 2020-2026 (US$ Million)
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PU Film
Market Segment Analysis - By Type
The Polyester Film held the
largest share of 58% in the PU Film Market in 2020. Polyester PU films are
viable with polar plastics, for example, PVC
accordingly settling on them great decisions for a wide assortment of cover.
These films are ordinarily found in mechanical covers, transport lines, texture
overlays, geld cushions and clinical bundling. These are used because these
films are excellent in fungal resistance, abrasion resistance, strength,
durability and oil and chemical resistance.
PU Film Market Segment Analysis - By
Lamination Method
Hot-melt
Lamination held the largest share of 46% in the PU Film Market in the year 2020.
The hot-melt lamination is used for the bonding of woven, non-woven, knitted
fabrics and other substrates. The hot-melt lamination is done by applying a
significant amount of heat and pressure. This laminate provides great wear
and tear resistance and also a barrier for water resistance and breathability.
The varied applications in which hot-melt lamination can be used are
automotive, apparel, gadgets and gears and others.
PU Film Market Segment Analysis - By Function
Thermoplastic
based PU Films held the largest share of 56% in the PU Film Market in 2020. Thermoplastic
films are linear flexible coiled and rigid segment with urethane links in
linear composition. The thermoplastic PU films are used in tear and abrasive
applications. Thermoplastic urethane can be melted and reformed as it is highly
elastic and flexible. The thermoplastic PU films are processed by injection
molding, extrusion, and blow molding techniques. The thermoplastic PU films are
based on polyester, polyether and polycaprolactone.
PU Film Market Segment Analysis - By
Applications
Fabric
lamination and protective gears and garments held the largest share of 36% in
the PU Film Market in 2020. Polyurethanes can be turned into fine threads
and can be combined with nylon for making lightweight and stretchable garments. Polyurethanes can be developed into polyurethane coatings, thermoplastic
elastomers, and spandex fibers. The PU films are used because of abrasive
resistance, heat resistance, hardness, and load-bearing capacity.
PU Film Market Segment Analysis - By End Use Industry
Textile Industry
held the largest share in the PU Film Market in 2020 growing at a CAGR 5.6% of
during the forecast period. The rise in textile industry is due to the new type
of material and products used in the apparels due to the new built in
technology. With
the growing textile industry and its demand for PU Films particularly in the
regions of Asia-Pacific, North America and Europe, the demand of PU films for
all kinds of cloth material and medical aprons, medical packaging, and geld
pads. Furthermore, R&D in PU Films will support the growth of the PU Film
Market.
PU Film Market Segment Analysis - By Geography
Asia-Pacific (APAC) dominated the PU Film Market in year 2020 consisting share of 45%, followed by North America and Europe. APAC as a whole is set to continue to be one of the largest and fastest growing markets globally. In APAC, China is driving much of the PU Film Market demand in Asia-Pacific region followed by India and Japan. The strong and healthy growth in industrial sector is associated with the growing demand for the healthcare applications. Government of India also launched an Ayushman Bharat Pradhan Mantri Jan Arogya Yojana which is for delivering the healthcare service for 10 crore beneficiaries with treatment amounting for ?7,490 Crore. Currently, the PU Film industry has been affected due to COVID-19 pandemic where most of the industrial activity has been temporarily shut down. In in turn has affected the demand and supply chain as well which has been restricting the growth in year 2020.
PU Film Market Drivers
Rise in Demand for the enhanced PU Films in different industries
Industrialization has led
to the increase in demand for PU Films in various industries for different purposes.
The technological enhancement has led to increase in use of PU Film in
different industries like textile, medical, automotive, coating and aerospace. The
rising demand for automotive because of increase in disposable income among the
middle-class economies has led to the growth in the automobile market and hence
the PU films.
PU Film Market Challenges
Higher price of PU film
The price of PU Film is
higher when compared with other substitutes and derivatives. Because of higher
cost small scale manufacturers are not able to produce the original PU film but
depend on the less expensive method of generation. Cost is a deciding factor
for any product to rise in the Asia pacific region. In these regions the
economies are price sensitive and people once can compromise for quality but
not on price, which in turn is result in the decline of PU Film Market.
PU Film Market Landscape
Technology launches, acquisitions and
R&D activities are key strategies adopted by players in the PU Film Market.
Major players in the PU Film Market are BASF SE, 3M Company, American PolyFilm
Inc., Covestro AG, SWM International, Huntsman International LLC, PAR Group,
Permali Gloucester Ltd., Lubrizol Corporation, Avery Dennison Corporation, and
Others.
Related Reports:
Polyurethane
Elastomers Market – Forecast (2021 - 2026)
Report Code: CMR 0026
Thermoplastic
Polyurethane Films Market – Forecast (2021 - 2026)
Report Code: CMR 1183
For more Chemicals and Materials Market reports, please click here
LIST OF TABLES
1.Global PU Films Market By Type Market 2023-2030 ($M)2.Global PU Films Market By Function Market 2023-2030 ($M)
3.Global PU Films Market By End-Use Industry Market 2023-2030 ($M)
3.1 Textile & Leisure Market 2023-2030 ($M) - Global Industry Research
3.1.1 Textile Market 2023-2030 ($M)
3.1.2 Sports & Leisure Market 2023-2030 ($M)
3.2 Automotive & Aerospace Market 2023-2030 ($M) - Global Industry Research
3.2.1 Paint Protection Market 2023-2030 ($M)
3.2.2 Sound Dampening Market 2023-2030 ($M)
3.3 Medical Market 2023-2030 ($M) - Global Industry Research
3.3.1 Wound Care Market 2023-2030 ($M)
3.3.2 Surgical Tools Market 2023-2030 ($M)
4.Global PU Films Market By Type Market 2023-2030 (Volume/Units)
5.Global PU Films Market By Function Market 2023-2030 (Volume/Units)
6.Global PU Films Market By End-Use Industry Market 2023-2030 (Volume/Units)
6.1 Textile & Leisure Market 2023-2030 (Volume/Units) - Global Industry Research
6.1.1 Textile Market 2023-2030 (Volume/Units)
6.1.2 Sports & Leisure Market 2023-2030 (Volume/Units)
6.2 Automotive & Aerospace Market 2023-2030 (Volume/Units) - Global Industry Research
6.2.1 Paint Protection Market 2023-2030 (Volume/Units)
6.2.2 Sound Dampening Market 2023-2030 (Volume/Units)
6.3 Medical Market 2023-2030 (Volume/Units) - Global Industry Research
6.3.1 Wound Care Market 2023-2030 (Volume/Units)
6.3.2 Surgical Tools Market 2023-2030 (Volume/Units)
7.North America PU Films Market By Type Market 2023-2030 ($M)
8.North America PU Films Market By Function Market 2023-2030 ($M)
9.North America PU Films Market By End-Use Industry Market 2023-2030 ($M)
9.1 Textile & Leisure Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Textile Market 2023-2030 ($M)
9.1.2 Sports & Leisure Market 2023-2030 ($M)
9.2 Automotive & Aerospace Market 2023-2030 ($M) - Regional Industry Research
9.2.1 Paint Protection Market 2023-2030 ($M)
9.2.2 Sound Dampening Market 2023-2030 ($M)
9.3 Medical Market 2023-2030 ($M) - Regional Industry Research
9.3.1 Wound Care Market 2023-2030 ($M)
9.3.2 Surgical Tools Market 2023-2030 ($M)
10.South America PU Films Market By Type Market 2023-2030 ($M)
11.South America PU Films Market By Function Market 2023-2030 ($M)
12.South America PU Films Market By End-Use Industry Market 2023-2030 ($M)
12.1 Textile & Leisure Market 2023-2030 ($M) - Regional Industry Research
12.1.1 Textile Market 2023-2030 ($M)
12.1.2 Sports & Leisure Market 2023-2030 ($M)
12.2 Automotive & Aerospace Market 2023-2030 ($M) - Regional Industry Research
12.2.1 Paint Protection Market 2023-2030 ($M)
12.2.2 Sound Dampening Market 2023-2030 ($M)
12.3 Medical Market 2023-2030 ($M) - Regional Industry Research
12.3.1 Wound Care Market 2023-2030 ($M)
12.3.2 Surgical Tools Market 2023-2030 ($M)
13.Europe PU Films Market By Type Market 2023-2030 ($M)
14.Europe PU Films Market By Function Market 2023-2030 ($M)
15.Europe PU Films Market By End-Use Industry Market 2023-2030 ($M)
15.1 Textile & Leisure Market 2023-2030 ($M) - Regional Industry Research
15.1.1 Textile Market 2023-2030 ($M)
15.1.2 Sports & Leisure Market 2023-2030 ($M)
15.2 Automotive & Aerospace Market 2023-2030 ($M) - Regional Industry Research
15.2.1 Paint Protection Market 2023-2030 ($M)
15.2.2 Sound Dampening Market 2023-2030 ($M)
15.3 Medical Market 2023-2030 ($M) - Regional Industry Research
15.3.1 Wound Care Market 2023-2030 ($M)
15.3.2 Surgical Tools Market 2023-2030 ($M)
16.APAC PU Films Market By Type Market 2023-2030 ($M)
17.APAC PU Films Market By Function Market 2023-2030 ($M)
18.APAC PU Films Market By End-Use Industry Market 2023-2030 ($M)
18.1 Textile & Leisure Market 2023-2030 ($M) - Regional Industry Research
18.1.1 Textile Market 2023-2030 ($M)
18.1.2 Sports & Leisure Market 2023-2030 ($M)
18.2 Automotive & Aerospace Market 2023-2030 ($M) - Regional Industry Research
18.2.1 Paint Protection Market 2023-2030 ($M)
18.2.2 Sound Dampening Market 2023-2030 ($M)
18.3 Medical Market 2023-2030 ($M) - Regional Industry Research
18.3.1 Wound Care Market 2023-2030 ($M)
18.3.2 Surgical Tools Market 2023-2030 ($M)
19.MENA PU Films Market By Type Market 2023-2030 ($M)
20.MENA PU Films Market By Function Market 2023-2030 ($M)
21.MENA PU Films Market By End-Use Industry Market 2023-2030 ($M)
21.1 Textile & Leisure Market 2023-2030 ($M) - Regional Industry Research
21.1.1 Textile Market 2023-2030 ($M)
21.1.2 Sports & Leisure Market 2023-2030 ($M)
21.2 Automotive & Aerospace Market 2023-2030 ($M) - Regional Industry Research
21.2.1 Paint Protection Market 2023-2030 ($M)
21.2.2 Sound Dampening Market 2023-2030 ($M)
21.3 Medical Market 2023-2030 ($M) - Regional Industry Research
21.3.1 Wound Care Market 2023-2030 ($M)
21.3.2 Surgical Tools Market 2023-2030 ($M)
LIST OF FIGURES
1.US Pu Films Market Revenue, 2023-2030 ($M)2.Canada Pu Films Market Revenue, 2023-2030 ($M)
3.Mexico Pu Films Market Revenue, 2023-2030 ($M)
4.Brazil Pu Films Market Revenue, 2023-2030 ($M)
5.Argentina Pu Films Market Revenue, 2023-2030 ($M)
6.Peru Pu Films Market Revenue, 2023-2030 ($M)
7.Colombia Pu Films Market Revenue, 2023-2030 ($M)
8.Chile Pu Films Market Revenue, 2023-2030 ($M)
9.Rest of South America Pu Films Market Revenue, 2023-2030 ($M)
10.UK Pu Films Market Revenue, 2023-2030 ($M)
11.Germany Pu Films Market Revenue, 2023-2030 ($M)
12.France Pu Films Market Revenue, 2023-2030 ($M)
13.Italy Pu Films Market Revenue, 2023-2030 ($M)
14.Spain Pu Films Market Revenue, 2023-2030 ($M)
15.Rest of Europe Pu Films Market Revenue, 2023-2030 ($M)
16.China Pu Films Market Revenue, 2023-2030 ($M)
17.India Pu Films Market Revenue, 2023-2030 ($M)
18.Japan Pu Films Market Revenue, 2023-2030 ($M)
19.South Korea Pu Films Market Revenue, 2023-2030 ($M)
20.South Africa Pu Films Market Revenue, 2023-2030 ($M)
21.North America Pu Films By Application
22.South America Pu Films By Application
23.Europe Pu Films By Application
24.APAC Pu Films By Application
25.MENA Pu Films By Application
26.Covestro, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.SWM International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.3M Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Avery Dennison, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Dingzing Advanced Materials, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Coveris Advanced Coatings, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Dunmore, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Mh International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Par Group, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Permali, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Rtp Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)