Product Code: ETC4507945 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India PU films market import shipment demonstrated strong growth with a CAGR of 25.3% from 2020 to 2024. However, there was a notable decline in growth momentum with a -15.6% growth rate between 2023 and 2024. The market expansion slowed down towards the end of the period, indicating a potential stabilization or moderation in growth.
Polyurethane (PU) films are used in various applications, including automotive interiors, medical dressings, and fashion. The India PU films market is expanding as industries diversify and look for versatile and high-performance materials.
The India PU (Polyurethane) films market is primarily driven by its versatile applications across various industries. PU films are known for their flexibility, durability, and resistance to abrasion and chemicals, making them ideal for use in automotive, textiles, medical devices, and packaging. In the automotive sector, PU films are used in interior trim components and upholstery due to their aesthetic and functional qualities. In the healthcare industry, they find applications in wound dressings and medical tapes. With the growth of these industries and the continuous development of new PU film formulations, the market is expected to expand further.
The India PU films market faces challenges related to the versatility of polyurethane films and the need for consumer education. Manufacturers need to showcase the wide range of applications for PU films, from textiles to automotive components, and address concerns about their performance and longevity. The market also needs to work on sustainable practices and recycling methods for PU films. Additionally, competition from alternative materials and the need for constant product innovation are persistent challenges for this market.
The India polyurethane (PU) films market faced a mixed impact from the COVID-19 pandemic. PU films are used in various applications, including textiles, medical devices, and automotive interiors. During the pandemic, there was a temporary reduction in demand for some PU film applications, such as automotive interiors, as vehicle manufacturing faced disruptions. However, the medical industry saw an increased need for PU films for items like personal protective equipment and medical devices. The long-term prospects for the PU films market in India will be influenced by the recovery of different sectors and changes in consumer preferences.
Key players in the India PU films market include Covestro, BASF, Huntsman, and Wanhua Chemical Group, offering polyurethane films for various industries.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India PU Films Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India PU Films Market Revenues & Volume, 2021 & 2031F |
3.3 India PU Films Market - Industry Life Cycle |
3.4 India PU Films Market - Porter's Five Forces |
3.5 India PU Films Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India PU Films Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 India PU Films Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India PU Films Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for flexible packaging solutions in various industries such as food beverage, pharmaceuticals, and agriculture |
4.2.2 Growing awareness about the benefits of PU films such as superior barrier properties, durability, and sustainability |
4.2.3 Technological advancements leading to the development of high-performance PU film products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like polyols and isocyanates used in PU film production |
4.3.2 Stringent government regulations related to environmental concerns and waste management impacting production processes |
4.3.3 Competition from alternative packaging materials like PVC and PE films |
5 India PU Films Market Trends |
6 India PU Films Market, By Types |
6.1 India PU Films Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India PU Films Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India PU Films Market Revenues & Volume, By Polyether PU films , 2021-2031F |
6.1.4 India PU Films Market Revenues & Volume, By Polyester PU Films, 2021-2031F |
6.2 India PU Films Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 India PU Films Market Revenues & Volume, By Thermoplastic-based PU films , 2021-2031F |
6.2.3 India PU Films Market Revenues & Volume, By Thermoset-based PU films, 2021-2031F |
6.3 India PU Films Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India PU Films Market Revenues & Volume, By Textile & Leisure, 2021-2031F |
6.3.3 India PU Films Market Revenues & Volume, By Automotive & Aerospace, 2021-2031F |
6.3.4 India PU Films Market Revenues & Volume, By Medical, 2021-2031F |
7 India PU Films Market Import-Export Trade Statistics |
7.1 India PU Films Market Export to Major Countries |
7.2 India PU Films Market Imports from Major Countries |
8 India PU Films Market Key Performance Indicators |
8.1 Adoption rate of PU films in key industries (food beverage, pharmaceuticals, etc.) |
8.2 Rate of new product development and innovation in the PU films market |
8.3 Percentage of recyclable and sustainable PU film products in the market |
9 India PU Films Market - Opportunity Assessment |
9.1 India PU Films Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India PU Films Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 India PU Films Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India PU Films Market - Competitive Landscape |
10.1 India PU Films Market Revenue Share, By Companies, 2024 |
10.2 India PU Films Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |