Global Thermoplastic Polyurethanes (TPU) Market Growth 2024-2030

Global Thermoplastic Polyurethanes (TPU) Market Growth 2024-2030

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 global Thermoplastic Polyurethanes (TPU) market size is projected to grow from US$ 3906 million in 2024 to US$ 5782 million in 2030; it is expected to grow at a CAGR of 6.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Thermoplastic Polyurethanes (TPU) Industry Forecast” looks at past sales and reviews total world Thermoplastic Polyurethanes (TPU) sales in 2023, providing a comprehensive analysis by region and market sector of projected Thermoplastic Polyurethanes (TPU) sales for 2024 through 2030. 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).

Global core thermoplastic polyurethane (TPU) manufacturers include Lubrizol, BASF, Covestro, Wanhua Chemical, Huntsman and Trinseo. The top three manufacturers account for approximately 51% of the global share. The Asia-Pacific region is the world's largest market, accounting for nearly 57% of the market share.

In terms of product type, polyester-based TPU occupies a dominant position, accounting for 68% of the market share. At the same time, in terms of application, Sports Goods & Footwear are the largest application areas, accounting for 28%.

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.

Segmentation by Type:
Polyester-based TPUs
Polyether-based TPUs
Polycaprolactone TPUs

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 analysing 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 by Type, by Application?

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