Global TPU Films Market Is Expected to Be More Than US$ 1 Bn in 2025
Methylene diphenyl isocyanate (MDI), tolylene diisocyanate (TDI) and polyols are the key raw materials required in the manufacture of TPU films. These raw materials are used widely in other end-user industries such as textiles, polymers, rubber processing, and medical & health care. Hence, the extensive consumption of these raw materials from numerous end-user industries affects the demand-supply scenario and resulting in increased prices of TPU films. Furthermore, manufacturers, such as Lubrizol, have developed bio-based TPU by using renewable-sourced materials with...
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