October 2021- Covestro, a leading German firm, revealed the development of its Desmopan 7000 thermoplastic polyurethane (TPU) to meet the growing demand for materials that assist and guarantee superior transmission rates for 5G signals, a technology that, in comparison with earlier 4G standard, allows more stable connections, lower power consumption, shorter data runtimes (latency), and higher network speeds. Overall, Desmopan 7000 projects high transparency for 5G frequencies, lowering signal losses, and makes it very compatible for 5G applications, such as protective covers for cell phones.
June 2021 – A prominent worldwide player in application-specific fluid power and power transmission solutions, Gates, revealed the launch of two latest thermoplastic polyurethane (TPU) belts. The products will be named the Gates Parabolic Pitch (GPP) and will be available in two different formats; 8mm and 14mm.
The latest GPP belts offer more durability, strength, safety, and are quieter to function and need low maintenance than other alternatives, including other steel cables, roller chains, and rubber belts.Developed to excel in the competition, the high-strength, reinforced steel (RSL) GPP 14-RSL has the maximum break strength of any 14mm pitch TPU belt in the market, and the usual product versions are well-matched with Timken's RPP® sprockets. At present, these GPP belts are available in EMEA and North American regions.
In July 2018, Covestro, a prominent and leading supplier of polycarbonate and thermoplastic polyurethane films took to the international scale and announced that it was on the way to strengthening its film production capacity during the ongoing forecast period that will be ending in 2028. A strategic investment worth a market value of USD 112.16 million has been initiated to meet the growing demand of the global target audience for thermoplastic polyurethane (TPU) films.
This will help in expanding the market size amongst the other competitive players in both the domestic and the international market scale during the ongoing forecast period.
The prominent market players in the European region are working to enhance fuel efficiency and reduce carbon dioxide emission is surging the demand for thermoplastic polyurethane films market share. The presence of a large number of automotive manufacturers in European countries like Germany, the UK, France, Spain, and Italy is expected to drive the demand for the thermoplastic polyurethane films market in the automotive industry during the forecast period that will be ending in 2028.
The manufacturing of aircraft in Canada, as a part of the North American region, for the growing Thermoplastic Polyurethane films market share has been noticed to have increased from 18,783,235 in 2017 to 19,742,834 in 2018, as a part of the historic forecast period that had ended in 2019. These market numbers are reflecting that the aerospace industry is projected to witness exponential and wide-scale growth in the upcoming years to follow, as a part of the ongoing forecast period that will be ending in 2028, which is expected to fuel the demand for the TPU market.
- Q4 2024: Aegis PPF by CarzSpa launches XG Series, India's most advanced paint protection film Aegis PPF by CarzSpa introduced the XG Series, a new premium paint protection film combining Thermoplastic Polyurethane (TPU) and Polycarbonate (PC), engineered for India's climate and driving conditions. The launch marks a significant product innovation in the Indian automotive protection sector.
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