String Template Class in Python

In the String module, Template Class allows us to create simplified syntax for output specification. The format uses placeholder names formed by $ with valid Python identifiers (alphanumeric characters and underscores). Surrounding the placeholder with braces allows it to be followed by more alphanumeric letters with no intervening spaces. Writing $$ creates a single escaped $.
 

Python String Template:

The Python string Template is created by passing the template string to its constructor. It supports $-based substitutions. This class has 2 key methods: 

• substitute(mapping, **kwds): This method performs substitutions using a dictionary with a process similar to key-based mapping objects. keyword arguments can also be used for the same purpose. In case the key-based mapping and the keyword arguments have the same key, it throws a TypeError. If keys are missing it returns a KeyError.
• safe_substitute(mapping, **kwds): The behavior of this method is similar to that of the substitute method but it doesn’t throw a KeyError if a key is missing, rather it returns a placeholder in the result string. 
   

The substitute() method raises a KeyError when a placeholder is not supplied in a dictionary or a keyword argument. For mail-merge style applications, user-supplied data may be incomplete and the safe_substitute() method may be more appropriate — it will leave placeholders unchanged if data is missing:

Below are a few simple examples.
Example 1: 

Output:  

x is 1

Following is another example where we import names and marks of students from a list and print them using template.
Example 2: 

Output: 

Hi Ram, you have got 90 marks

Hi Ankit, you have got 78 marks

Hi Bob, you have got 92 marks

The below example shows the implementation of the safe_substitute method. 
Example 3: 

Output:  

Raju Kumar is the TCE of $company

Notice that we have not provided the “$company” placeholder any data, but it won’t throw an error, rather will return the placeholder as a string as discussed above. 

Printing the template String

The “template” attribute of the Template object can be used to return the template string as shown below: 
Example: 

Output: 

Template String = I am $name from $city 

Escaping $ Sign

The $$ can be used to escape $ and treat as part of the string. 
Example: 

Output: 

$ is the symbol for Dollar 

The ${Identifier}

The ${Identifier} works similar to that of $Identifier. It comes in handy when valid identifier characters follow the placeholder but are not part of the placeholder. 
Example: 

Output:  

That Fish looks Fishy

Another application for the template is separating program logic from the details of multiple output formats. This makes it possible to substitute custom templates for XML files, plain text reports, and HTML web reports.
Note that there are other ways also to print formatted output like %d for integer, %f for float, etc (Refer this for details)
Reference: https://docs.python.org/3.3/tutorial/stdlib2.html