Global Thermoplastic Polyurethanes (TPU) Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032

Market Overview

According to DIResearch＇s in-depth investigation and research, the global Thermoplastic Polyurethanes (TPU) market size will reach 4,647.60 Million USD in 2025 and is projected to reach 7,217.56 Million USD by 2032, with a CAGR of 6.49% (2025-2032). Notably, the China Thermoplastic Polyurethanes (TPU) market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be  Million USD, representing approximately  % of the global market share.

Research Summary

Thermoplastic Polyurethanes (TPU) are a class of versatile polymers that combine the properties of thermoplastics with those of polyurethanes. TPU exhibits characteristics such as flexibility, elasticity, and durability, making it suitable for a wide range of applications. This material can be melted and molded repeatedly without undergoing degradation, allowing for ease of processing and recycling. TPU＇s flexibility and resilience make it popular in industries such as footwear, automotive, electronics, and medical devices. It is commonly used for applications like flexible tubing, seals, gaskets, adhesives, and in the manufacturing of sports equipment. TPU＇s ability to be customized for specific requirements, along with its excellent abrasion and chemical resistance, contributes to its widespread use in diverse applications where a combination of elasticity and thermoplastic processability is essential.

The major global  manufacturers of Thermoplastic Polyurethanes (TPU) include Lubrizol, BASF, Covestro, Wanhua Chemical, Huntsman, Trinseo, Hexpol, Kuraray, COIM Group, Avient, Epaflex, Miracll Chemicals, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Thermoplastic Polyurethanes (TPU). Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Thermoplastic Polyurethanes (TPU) market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Thermoplastic Polyurethanes (TPU) market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Thermoplastic Polyurethanes (TPU) industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.    

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Thermoplastic Polyurethanes (TPU) Include:

Lubrizol

BASF

Covestro

Wanhua Chemical

Huntsman

Trinseo

Hexpol

Kuraray

COIM Group

Avient

Epaflex

Miracll Chemicals

Thermoplastic Polyurethanes (TPU) Product Segment Include:

Polyester-based TPU

Polyether-based TPU

Polycaprolactone-based TPU

Thermoplastic Polyurethanes (TPU) Product Application Include:

Sports Goods & Footwear

Industrial Applications

Transportation/Automotive

Wire and Cable Solutions

Construction Materials

Medical

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend

Chapter 2: Global Thermoplastic Polyurethanes (TPU) Capacity and Production Analysis

Chapter 3: Global Thermoplastic Polyurethanes (TPU) Industry PESTEL Analysis

Chapter 4: Global Thermoplastic Polyurethanes (TPU) Industry Porter's Five Forces Analysis

Chapter 5: Global Thermoplastic Polyurethanes (TPU) Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis

Chapter 6: Global Thermoplastic Polyurethanes (TPU) Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 7: Global Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Forecast by Product Type

Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 9: Industrial Chain Analysis, Thermoplastic Polyurethanes (TPU) Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis

Chapter 10: Research Findings and Conclusion

Chapter 11: Methodology and Data Sources Show more