Global Thermoplastic Polyurethane (TPU) Market, 2024-2030

Thermoplastic polyurethane (TPU) is a kind of polyurethane plastics offering various properties, including elasticity, transparency, waterproofness, high resilience, cool temperature resistance, resistance to oil, grease and abrasion. Technically, they are thermoplastic elastomers consisting of linear segmented block copolymers composed of hard and soft segments. Thermoplastic polyurethane refers to an unusual type of plastic that bridges the gap between plastics and rubbers. The key to the versatility of thermoplastic polyurethane lies in its highly customized hardness.

Thermoplastic polyurethane (TPU) is has wide area of applications in several end use industry, including, film and sheet, footwear, adhesives, wire and cable, compounding, specialty molded parts, building & construction, automotive, hose & tubing, wires & cables, footwear, engineering, and medical.

The global thermoplastic polyurethane (TPU) research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global thermoplastic polyurethane (TPU) market is growing at a fast pace and increasing its geographical footprint rapidly. The global thermoplastic polyurethane (TPU) market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in Asia Pacific region due to rise consumption in building & construction industry. The major growth driver for thermoplastic polyurethane (TPU) market growth of the building & construction industry.

Thermoplastic polyurethane (TPU) enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of thermoplastic polyurethane (TPU) market globally. The companies that lead global market are BASF SE, Covestro AG, Huntsman International LLC, Mitsui Chemicals Inc. The Lubrizol Corporation, Tosoh Corporation, and Wanhua Chemical Group Co.Ltd.

Research Methodology

The research process includes the market segmentation of the global Thermoplastic Polyurethane (TPU) market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global Thermoplastic Polyurethane (TPU) market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

• Insights on the global thermoplastic polyurethane (TPU) industry dynamics
• Estimation of the present global thermoplastic polyurethane (TPU) market size in terms of value and volume
• Global thermoplastic polyurethane (TPU) market breakup based on type and application.
• Verified global thermoplastic polyurethane (TPU) market forecast for the next five years.
• In depth analysis of the leading companies working across different nodes of global thermoplastic polyurethane (TPU) industry value chain.