Expanded Thermoplastic Polyurethane (E-TPU) Market Share Analysis
Elastoplastic polyurethane, known as E-TPU, is becoming increasingly popular across various industries for its lightweight nature, durability in different temperatures, and strong mechanical properties. This versatile material is finding applications in automotive, furniture, construction, logistics, and sports equipment.
One notable example is BASF SE's E-TPU, branded as Infinergy, which was employed by Yamaha Motor Co., Ltd in the tires of their three-wheeled vehicles, specifically the 05GEN model, to enhance the overall riding experience. The use of E-TPU in vehicle manufacturing is on the rise due to its exceptional benefits, including vibration decoupling, elasticity, and robust mechanical properties. With the automotive industry witnessing increased production of electric and hybrid vehicles to address environmental concerns, the demand for E-TPU is expected to grow substantially in the coming years.
In the realm of sports and leisure equipment, the surge in demand for E-TPU is driven by the growing sports industry and heightened awareness of physical fitness. The material offers a combination of comfort and durability, making it a preferred choice. Ergon, a German cycling innovation company, showcased the versatility of E-TPU in 2016 by developing a bicycle damper using Infinergy. This product not only enhances the efficiency of pedaling but also provides excellent vibration damping, optimized pressure distribution, and active back protection, surpassing traditional bicycle padding technology.
Moreover, E-TPU is finding applications in the construction industry, particularly in flooring structures designed for sports surfaces. Its high elasticity and low water absorption make it suitable for sports flooring, enhancing safety features. BASF SE, in collaboration with DuBaiCheng Environmental Protection Engineering Co., Ltd (DBC), introduced a new flooring structure based on expanded thermoplastic polyurethane in 2017.
The logistics industry is also benefiting from the attributes of E-TPU, particularly in the manufacturing of reusable transport containers. The material's lightweight nature, durability in extreme temperatures, and excellent mechanical properties make it an ideal choice for such containers. The demand for reusable transport containers is rising among various end-users, including food manufacturers and seafood distributors, driven by cost savings in labor, inventory, and shipping.
In summary, the increasing adoption of E-TPU in automotive, sports and leisure equipment, construction, and logistics industries is opening up lucrative opportunities for businesses operating in the global E-TPU market. As the material continues to prove its worth across diverse applications, its demand is poised to grow, making it a key player in various sectors seeking lightweight, durable, and mechanically robust solutions.