DUBLIN, Dec. 14, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/6n69jd/chinese_tpu) has announced the addition of the "Chinese TPU (Thermoplastic polyurethanes) Industry Research Report, 2015" report to their offering.
The consumption amount of Chinese TPU film market has reached RMB 2.08 billion in 2014 with a CAGR of 17% from 2008 to 2014. As for TPU hot melt adhesive film, in 2014 the consumption amount has increased by 26% compared with previous year.
According to each TPU manufacturers' production plans, In 2014 China newly added about 50 thousand tons of TPU capacity, which mainly came from Huntsman Polyurethanes (China) Ltd, Xuchuan Chemical, Polyol Macromolecule Polymer (Fujian) Co., Ltd and Bangtai Polymeric New-materials Co., Ltd. Among which, a TPU plant with capacity of 21 thousand tons built up by Huntsman has went into operation in February 2014. And based on this plant, Huntsman has become the third largest TPU manufacturer in China.
In 2015, due to the slowed economic development, orders from terminal market has reduced. On one hand, the supply from raw material market continued to increase, which lead to prominent imbalance between supply and demand. On the other hand, shoe industry has gradually transferred to Southeast Asia, domestic output has significant decrease (the same situation for synthetic leather).
As for prices, oversupply of TPU raw materials market is obviously worsen. The whole upstream market is under de-stocking situation. The fall in raw material market has directly affected TPU market, especially for general grade TPU, many manufacturers had forced to fight in the price war.
Key Topics Covered:
1 Definition and Industry Chain of TPU Industry
2 Development of Chinese TPU Industry
3 Segment Market
4 Import & Export
5 Benchmarking Foreign TPU Manufacturers
6 Major Domestic TPU Manufacturers
For more information visit http://www.researchandmarkets.com/research/6n69jd/chinese_tpu
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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