Global Polyurethane Thermoplastic Elastomer Market Growth 2025-2031

Global Polyurethane Thermoplastic Elastomer Market Growth 2025-2031

The global Polyurethane Thermoplastic Elastomer market size is predicted to grow from US$ 37670 million in 2025 to US$ 51930 million in 2031; it is expected to grow at a CAGR of 5.5% from 2025 to 2031.

Polyurethane thermoplastic elastomer is a (AB)ₙ type block linear polymer, where A is a high molecular weight (1000~6000) polyester or polyether, B is a glycol containing 2~12 linear carbon atoms, AB The chemical structure between the segments is diisocyanate. This elastomer is cross-linked through intermolecular hydrogen bonds or light cross-linking between macromolecular chains. As the temperature increases or decreases, these two cross-linked structures are reversible. In the molten state or solution state, the intermolecular forces weaken, but after cooling or the solvent evaporates, strong intermolecular forces connect them together to restore the original solid properties.

United States market for Polyurethane Thermoplastic Elastomer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Polyurethane Thermoplastic Elastomer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Polyurethane Thermoplastic Elastomer is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Polyurethane Thermoplastic Elastomer players cover BASF, HEXPOL, DowDuPont, Lubrizol, Shanghai QingGen Industrial, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Polyurethane Thermoplastic Elastomer Industry Forecast” looks at past sales and reviews total world Polyurethane Thermoplastic Elastomer sales in 2024, providing a comprehensive analysis by region and market sector of projected Polyurethane Thermoplastic Elastomer sales for 2025 through 2031. With Polyurethane Thermoplastic Elastomer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyurethane Thermoplastic Elastomer industry.

This Insight Report provides a comprehensive analysis of the global Polyurethane Thermoplastic Elastomer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polyurethane Thermoplastic Elastomer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Polyurethane Thermoplastic Elastomer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyurethane Thermoplastic Elastomer and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polyurethane Thermoplastic Elastomer.

This report presents a comprehensive overview, market shares, and growth opportunities of Polyurethane Thermoplastic Elastomer market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Polyester Type
Polyether Type
Polycaprolactone

Segmentation by Application:
Automotive
Agriculture
Seals & Gaskets
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BASF
HEXPOL
DowDuPont
Lubrizol
Shanghai QingGen Industrial
Nihon Matai Group
YAGIKUMA
Tosoh Corporation
AdvanSource Biomaterials
Innovia Solutions Ltd
Covestro
Epaflex
Huntsman
PolyOne

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polyurethane Thermoplastic Elastomer market?

What factors are driving Polyurethane Thermoplastic Elastomer market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Polyurethane Thermoplastic Elastomer market opportunities vary by end market size?

How does Polyurethane Thermoplastic Elastomer break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.