Global Thermoplastic Polyurethanes (TPU) Market Growth 2023-2029

Global Thermoplastic Polyurethanes (TPU) Market Growth 2023-2029

Thermoplastic polyurethane (TPU) is any of a class of polyurethane plastics with many properties, including elasticity, transparency, and resistance to oil, grease and abrasion. Technically, they are thermoplastic elastomers consisting of linear segmented block copolymers composed of hard and soft segments.

The Thermoplastic Polyurethanes (TPU) market covers Polyester-based TPU, Polyether-based TPU, etc. The typical players include Lubrizol, BASF, Covestro, Wanhua Chemical, etc.

LPI (LP Information)' newest research report, the “Thermoplastic Polyurethanes (TPU) Industry Forecast” looks at past sales and reviews total world Thermoplastic Polyurethanes (TPU) sales in 2022, providing a comprehensive analysis by region and market sector of projected Thermoplastic Polyurethanes (TPU) sales for 2023 through 2029. With Thermoplastic Polyurethanes (TPU) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermoplastic Polyurethanes (TPU) industry.

This Insight Report provides a comprehensive analysis of the global Thermoplastic Polyurethanes (TPU) 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 Thermoplastic Polyurethanes (TPU) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Thermoplastic Polyurethanes (TPU) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermoplastic Polyurethanes (TPU) 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 Thermoplastic Polyurethanes (TPU).

The global Thermoplastic Polyurethanes (TPU) market size is projected to grow from US$ 3112.7 million in 2022 to US$ 4808.9 million in 2029; it is expected to grow at a CAGR of 4808.9 from 2023 to 2029.

Global core thermoplastic polyurethanes (TPU) manufacturers include Lubrizol, BASF, Covestro etc.The top 5 companies hold a share about 70%.Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America with the share about 25% and 20%.In terms of product, polyester-based TPU is the largest segment, with a share about 70%. And in terms of application, the largest application is sports goods & footwear, followed by industrial applications.

This report presents a comprehensive overview, market shares, and growth opportunities of Thermoplastic Polyurethanes (TPU) market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Polyester-based TPU
Polyether-based TPU
Polycaprolactone-based TPU

Segmentation by application
Sports Goods & Footwear
Industrial Applications
Transportation/Automotive
Wire and Cable Solutions
Construction Materials
Medical, etc.

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 analyzing the company's coverage, product portfolio, its market penetration.
Lubrizol
BASF
Covestro
Wanhua Chemical
Huntsman
Trinseo
Hexpol
Kuraray
COIM Group
Avient
Epaflex
Miracll Chemicals Co., Ltd

Key Questions Addressed in this Report

What is the 10-year outlook for the global Thermoplastic Polyurethanes (TPU) market?

What factors are driving Thermoplastic Polyurethanes (TPU) market growth, globally and by region?

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

How do Thermoplastic Polyurethanes (TPU) market opportunities vary by end market size?

How does Thermoplastic Polyurethanes (TPU) break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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