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Thermoplastic Polyurethane Elastomers Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

Thermoplastic Polyurethane Elastomers Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Thermoplastic Polyurethane Elastomers Market: by Type (Polyester- Based Type, Polyether- Based Type) Application (Automotive, Footwear and Sporting Goods, Building and Construction, Wires and Cables, Medical Products, Electrics and Appliances, Others) and Geography

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Report

Description

The thermoplastic polyurethane (TPU) elastomers market size was valued at USD 2.5 billion in 2021 and is expected to reach a value of USD 3.9 billion by 2028, growing at a CAGR of 6.6% during the forecast period 2022 to 2028. The global market report provides a detailed overview of the market, which can be segmented by type and application. By type, the Thermoplastic Polyurethane (TPU) Elastomers market has been segmented into Polyester- Based TPU and Polyether- Based TPU. The Polyester- Based segment is likely to be the largest and fastest-growing in terms of both types. The Thermoplastic Polyurethane (TPU) Elastomers market is segmented into Automotive, Footwear and Sporting Goods, Building and Construction, Wires and Cables, Medical Products, Electrics and Appliances, and Others. According to precision business insights, the Footwear and Sporting Goods segment is predicted to register the fastest growth rate during the forecast period.

Key Development:

In January 2019, Lubrizol International, Inc., a U.S.-based specialty chemical company, acquired the TPU business from The Dow Chemical Company, one of the leading chemical companies based in the U.S.

Thermoplastic Polyurethane Elastomers Market

MARKET SUMMARY
-
6.6%
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 6.6%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Thermoplastic Polyurethane Elastomers Market

  • The thermoplastic polyurethane (tpu) elastomers market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The thermoplastic polyurethane (tpu) elastomers market report gives historical, current, and future market sizes (US$ Mn) based on by product type, application and geography.
Key Players
  • Huntsman
  • BASF
  • Kraton
  • DowDuPont
  • PolyOne
  • Mitsui Chemicals
Thermoplastic Polyurethane Elastomers Market Drivers

TPU elastomers’ high-performance mechanical features, such as high tensile strength and chemical and oil resistance, are expanding their applications spectrum, driving the growth of the TPU elastomers market.

Asia-Pacific Got Significant Share

Thermoplastic Polyurethane Elastomers Market

The Asia Pacific market is expected to witness the highest market share during the forecast period.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Features of the Report

  • The tpu elastomers market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The tpu elastomers market report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The tpu elastomers market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The tpu elastomers market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The tpu elastomers market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Thermoplastic Polyurethane Elastomers Market Segmentation

segmentation-block-image

By Type

    • Polyester- Based Type,
    • Polyether- Based Type
segmentation-block-image

By Application

    • Automotive,
    • Footwear and Sporting Goods,
    • Building and Construction,
    • Wires and Cables,
    • Medical Products,
    • Electrics and Appliances,
    • Others
segmentation-block-image

By End User

    • North America,
    • Europe,
    • Asia Pacific,
    • Latin America and
    • Middle East and Africa
Location

GEOGRAPHY

Frequently Asked Questions

The thermoplastic polyurethane (tpu) elastomers market is projected to expand at a CAGR of 6.6% during the forecast period.

The major players in the global thermoplastic polyurethane (tpu) elastomers market are ​​​ BASF SE, Miracll Chemical Co. Ltd., Kuraray Co. Ltd., Ravago Petrokimya Üretim A.S, COIM SPA, Coating Chemical Industry Company, Zibo Hengjiu Pu Technology Company Ltd., Huafon Group, Xuchuan Chemical Group, Evermore Chemical Industry Company Ltd.

Asia Pacific is the fastest-growing region for thermoplastic polyurethane (tpu) elastomers market

Report

Table Of Content

1. Executive Summary
2. Global TPU Elastomers Market Introduction
2.1. Global TPU Elastomers Market – Taxonomy
2.2. Global TPU Elastomers Market –Definitions
2.2.1. By Type
2.2.2. By Application
2.2.3. By Region
3. Global TPU Elastomers Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global TPU Elastomers Market Dynamic Factors – Impact Analysis
3.6. Global TPU Elastomers Market – Competition Landscape
4. Global TPU Elastomers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global TPU Elastomers Market, By Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
5.1. Polyester- Based Type
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Polyether- Based Type
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global TPU Elastomers Market, By Application, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.1. Automotive
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Footwear and Sporting Goods
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Building and Construction
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Wires and Cables
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Medical Products
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
6.6. Electrics and Appliances
6.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.6.3. Market Opportunity Analysis
6.7. Others
6.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.7.3. Market Opportunity Analysis
7. Global TPU Elastomers Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global TPU Elastomers Market – Opportunity Analysis Index, By Type, End-User Industry, and Region, 2022 – 2028
8. North America TPU Elastomers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
8.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Polyester-Based Type
8.1.2. Polyether-Based Type
8.2. End User Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.2.1. Automotive
8.2.2. Footwear and Sporting Goods
8.2.3. Building and Construction
8.2.4. Wires and Cables
8.2.5. Medical Products
8.2.6. Electronics and Appliances
8.2.7. Others
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. U.S.
8.3.2. Canada
8.4. North America TPU Elastomers Market – Opportunity Analysis Index, By Type, By Application, and Country, 2022 – 2028
8.5. North America TPU Elastomers Market Dynamics – Trends
9. Europe TPU Elastomers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Polyester-Based Type
9.1.2. Polyether-Based Type
9.2. End User Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Automotive
9.2.2. Footwear and Sporting Goods
9.2.3. Building and Construction
9.2.4. Wires and Cables
9.2.5. Medical Products
9.2.6. Electronics and Appliances
9.2.7. Others
9.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe TPU Elastomers Market – Opportunity Analysis Index, By Type, By Application, and Country, 2022 – 2028
9.5. Europe TPU Elastomers Market Dynamics – Trends
10. Asia-Pacific TPU Elastomers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
10.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Polyester-Based Type
10.1.2. Polyether-Based Type
10.2. End User Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Automotive
10.2.2. Footwear and Sporting Goods
10.2.3. Building and Construction
10.2.4. Wires and Cables
10.2.5. Medical Products
10.2.6. Electronics and Appliances
10.2.7. Others
10.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific TPU Elastomers Market – Opportunity Analysis Index, By Type, By Application, and Country, 2022 – 2028
10.5. Asia-Pacific TPU Elastomers Market Dynamics – Trends
11. Latin America TPU Elastomers Market Analysis, 2017 – 2021 and Forecast, 2020 – 2026
11.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Polyester-Based Type
11.1.2. Polyether-Based Type
11.2. End User Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Automotive
11.2.2. Footwear and Sporting Goods
11.2.3. Building and Construction
11.2.4. Wires and Cables
11.2.5. Medical Products
11.2.6. Electronics and Appliances
11.2.7. Others
11.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028  by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America TPU Elastomers Market – Opportunity Analysis Index, By Type, By Application, and Country, 2022 – 2028
11.5. Latin America TPU Elastomers Market Dynamics – Trends
12. Middle East and Africa TPU Elastomers Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn )
12.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Polyester-Based Type
12.1.2. Polyether-Based Type
12.2. End User Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Automotive
12.2.2. Footwear and Sporting Goods
12.2.3. Building and Construction
12.2.4. Wires and Cables
12.2.5. Medical Products
12.2.6. Electronics and Appliances
12.2.7. Others
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA TPU Elastomers Market – Opportunity Analysis Index, By Type, By Application, and Country, 2022 – 2028
12.5. MEA TPU Elastomers Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Lubrizol International
13.2.2. Covestro
13.2.3. Huntsman
13.2.4. BASF
13.2.5. Kraton
13.2.6. DowDuPont
13.2.7. PolyOne
13.2.8. Mitsui Chemicals
13.2.9. Kuraray
13.2.10. Miracll Chemical
13.2.11. Ravago Petrochemicals
13.2.12. COIM SPA
13.2.13. Tosoh Corporation
13.2.14. APS Elastomers
13.2.15. Xuchuan Chemical Group
13.2.16. Huafon Group
13.2.17. Wanhua Chemical Group
13.2.18. Evermore Chemical Industry
13.2.19. Others
14. Research Methodology
15. Key Assumptions and Acronyms

 

Report

Company Profile

  • Lubrizol International
  • Covestro
  • Huntsman
  • BASF
  • Kraton
  • DowDuPont
  • PolyOne
  • Mitsui Chemicals
  • Kuraray
  • Miracll Chemical
  • Ravago Petrochemicals
  • COIM SPA
  • Tosoh Corporation
  • APS Elastomers
  • Xuchuan Chemical Group
  • Huafon Group
  • Wanhua Chemical Group
  • Evermore Chemical Industry
  • Others

Description

The thermoplastic polyurethane (TPU) elastomers market size was valued at USD 2.5 billion in 2021 and is expected to reach a value of USD 3.9 billion by 2028, growing at a CAGR of 6.6% during the forecast period 2022 to 2028. The global market report provides a detailed overview of the market, which can be segmented by type and application. By type, the Thermoplastic Polyurethane (TPU) Elastomers market has been segmented into Polyester- Based TPU and Polyether- Based TPU. The Polyester- Based segment is likely to be the largest and fastest-growing in terms of both types. The Thermoplastic Polyurethane (TPU) Elastomers market is segmented into Automotive, Footwear and Sporting Goods, Building and Construction, Wires and Cables, Medical Products, Electrics and Appliances, and Others. According to precision business insights, the Footwear and Sporting Goods segment is predicted to register the fastest growth rate during the forecast period.

Key Development:

In January 2019, Lubrizol International, Inc., a U.S.-based specialty chemical company, acquired the TPU business from The Dow Chemical Company, one of the leading chemical companies based in the U.S.

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