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

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Global Thermoplastic Polyurethane (TPU) Market: By Raw Material (Polyols, Diisocyanate, Diols), By Type (Polyester, Polyether, Polycaprolactone), By End-use Industry (Footwear, Industrial Machinery, Automotive, Electronics, Medical and Others)

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Description

Thermoplastic Polyurethane (TPU) Market size was valued at USD 2,451.9 million in 2021, growing at a significant CAGR of 7.4% from 2022 to 2028. The global market provides a detailed overview of the market and that can be segmented by Raw Material, Type, and End-use Industry. By Raw Material, the Thermoplastic Polyurethane (TPU) market has been segmented into Polyols, Diisocyanate, Diols. The Polyols segment is likely to be the largest and fastest-growing segment in terms of raw material. Based on Type, the thermoplastic polyurethane (TPU) market is segmented into Polyester, Polyether, Polycaprolactone. Among these, the polyester segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on by end-use industry, the thermoplastic polyurethane (TPU) market is segmented into Footwear, Industrial Machinery, Automotive, Electronics, Medical and Others. Footwear is expected to dominate the market in the future according to Precision Business Insights.

Key Development:

In May 2019, BASF has planned to expand the production capacity of TPU and engineering plastics in the Verbund site in Zhanjiang, China by 2022. This expansion of production capacity will bring the total capacity of these products in APAC to 290,000 MTPA. This expansion will help the company to meet the immediate need of the customers in APAC.

Thermoplastic Polyurethane (TPU) Market

MARKET SUMMARY

7.4%

Study Period– 2022-2028
Base Year– 2021
CAGR– 7.4%
Largest Market– North American
Fastest Growing Market– Asia-Pacific

Thermoplastic Polyurethane (TPU) Market

The thermoplastic polyurethane (TPU) 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) market is segmented based on raw material, type, end-use industry and geography.

Key Players

BASF
Lubrizol
Covestro
Huntsman
Wanhua

Thermoplastic Polyurethane (TPU) Market Drivers

The major driving factor of the market studied is TPU’s increasing usage in the footwear and apparel industries. On the flip side, the rising prices of raw materials are hindering the growth of the market. Bio-based TPU films are likely to offer growth opportunities for the market over the forecast period.

Asia Pacific Got Significant Share

Thermoplastic Polyurethane (TPU) Market

Latin-America

North-America

Europe

Asia-Pacific

Middle East

Key

Features of the Report

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

Thermoplastic Polyurethane (TPU) Market Segmentation

Raw Material

Polyols
Diisocyanate
Diols

Type

Polyester
Polyether
Polycaprolactone

End-use Industry

Footwear
Industrial Machinery
Automotive
Electronics
Medical and Others

By Geography

North America
Europe
Asia Pacific
Latin America
MEA

Location

GEOGRAPHY

Frequently Asked Questions

The thermoplastic polyurethane (TPU) market is projected to expand at a CAGR of 7.4% during the forecast period

The major players in the global Thermoplastic Polyurethane (TPU) market are Siemens, Exelon, Schneider, Homer Energy LLC, ABB, Lockheed Martin, Caterpillar, Honeywell, Viridity Energy, EnSync, Advanced Thermoplastic Polyurethane (TPU) Storage, XENDEE, ODYSSEY CONSULTANTS LTD.

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

Report

Table Of Content

1. Executive Summary

2. Global Thermoplastic Polyurethane (TPU) Market Introduction

2.1. Global Thermoplastic Polyurethane (TPU) Market – Taxonomy

2.2. Global Thermoplastic Polyurethane (TPU) Market –Definitions

2.2.1. By Raw Material

2.2.2. By Type

2.2.3. By End-use Industry

3. Global Thermoplastic Polyurethane (TPU) Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Thermoplastic Polyurethane (TPU) Market Dynamic Factors – Impact Analysis

4. Global Thermoplastic Polyurethane (TPU) 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 Thermoplastic Polyurethane (TPU) Market, By Raw Material, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

5.1. Polyols

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. Diisocyanate

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

5.3. Diols

5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

6. Global Thermoplastic Polyurethane (TPU) Market Forecast, By Type, 2017 – 2021 and Forecast, 2021 – 2027, Revenue (USD Mn)

6.1. Polyester

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. Polyether

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. Polycaprolactone

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

7. Global Thermoplastic Polyurethane (TPU) Market Forecast, By End-use Industry, 2017 – 2021 and Forecast, 2021 – 2027, Revenue (USD Mn)

7.1. Footwear

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. Industrial Machinery

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. Automotive

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. Electronics

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. Medical

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. Others

7.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.6.3. Market Opportunity Analysis

8. Global Thermoplastic Polyurethane (TPU) Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

8.1. North America

8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.1.3. Market Opportunity Analysis

8.2. Europe

8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.2.3. Market Opportunity Analysis

8.3. Asia-Pacific

8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.3.3. Market Opportunity Analysis

8.4. Latin America

8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.4.3. Market Opportunity Analysis

8.5. Middle East and Africa

8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.5.3. Market Opportunity Analysis

8.6. Global Thermoplastic Polyurethane (TPU) Market – Opportunity Analysis Index, By Raw Material, By Type, By End-use Industry and Region, 2022 – 2028

9. North America Thermoplastic Polyurethane (TPU)MarketAnalysis,2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

9.1. Raw Material Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.1.1. Polyols

9.1.2. Diisocyanate

9.1.3. Diols

9.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.2.1. Polyester

9.2.2. Polyether

9.2.3. Polycaprolactone

9.3. End-use Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.3.1. Footwear

9.3.2. Industrial Machinery

9.3.3. Automotive

9.3.4. Electronics

9.3.5. Medical

9.3.6. Others

9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

9.4.1. USA

9.4.2. Canada

9.5. North America Thermoplastic Polyurethane (TPU) Market – Opportunity Analysis Index, By Raw Material, By Type, By End-use Industry and Country, 2022 – 2028

9.6. North America Thermoplastic Polyurethane (TPU) Market Dynamics – Trends

10. Europe Thermoplastic Polyurethane (TPU) Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

10.1. Raw Material Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.1.1. Polyols

10.1.2. Diisocyanate

10.1.3. Diols

10.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Polyester

10.2.2. Polyether

10.2.3. Polycaprolactone

10.3. End-use Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.3.1. Footwear

10.3.2. Industrial Machinery

10.3.3. Automotive

10.3.4. Electronics

10.3.5. Medical

10.3.6. Others

10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.4.1. Germany

10.4.2. UK

10.4.3. France

10.4.4. Spain

10.4.5. Italy

10.4.6. Russia

10.4.7. Poland

10.4.8. Rest of Europe

10.5. Europe Thermoplastic Polyurethane (TPU) Market – Opportunity Analysis Index, By Raw Material, By Type, By End-use Industry and Country,2022 – 2028

10.6. Europe Thermoplastic Polyurethane (TPU) Market Dynamics – Trends

11. Asia-Pacific Thermoplastic Polyurethane (TPU) Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

11.1. Raw Material Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.1.1. Polyols

11.1.2. Diisocyanate

11.1.3. Diols

11.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.2.1. Polyester

11.2.2. Polyether

11.2.3. Polycaprolactone

11.3. End-use Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.3.1. Footwear

11.3.2. Industrial Machinery

11.3.3. Automotive

11.3.4. Electronics

11.3.5. Medical

11.3.6. Others

11.4. Country Analysis2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

11.4.1. Japan

11.4.2. China

11.4.3. India

11.4.4. ASEAN

11.4.5. Australia & New Zealand

11.4.6. Rest of Asia-Pacific

11.5. Asia-Pacific Thermoplastic Polyurethane (TPU) Market – Opportunity Analysis Index, By Raw Material, By Type, By End-use Industry and Country,2022 – 2028

11.6. Asia-Pacific Thermoplastic Polyurethane (TPU) Market Dynamics – Trends

12. Latin America Thermoplastic Polyurethane (TPU) Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

12.1. Raw Material Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.1.1. Polyols

12.1.2. Diisocyanate

12.1.3. Diols

12.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.2.1. Polyester

12.2.2. Polyether

12.2.3. Polycaprolactone

12.3. End-use Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.3.1. Footwear

12.3.2. Industrial Machinery

12.3.3. Automotive

12.3.4. Electronics

12.3.5. Medical

12.3.6. Others

12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

12.4.1. Brazil

12.4.2. Mexico

12.4.3. Argentina

12.4.4. Rest of Latin America

12.5. Latin America Thermoplastic Polyurethane (TPU) Market – Opportunity Analysis Index, By Raw Material, By Type, By End-use Industry and Country,2022 – 2028

12.6. Latin America Thermoplastic Polyurethane (TPU) Market Dynamics – Trends

13. Middle East and Africa Thermoplastic Polyurethane (TPU) Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028, Revenue (USD Mn)

13.1. Raw Material Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

13.1.1. Polyols

13.1.2. Diisocyanate

13.1.3. Diols

13.2. Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

13.2.1. Polyester

13.2.2. Polyether

13.2.3. Polycaprolactone

13.3. End-use Industry Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

13.3.1. Footwear

13.3.2. Industrial Machinery

13.3.3. Automotive

13.3.4. Electronics

13.3.5. Medical

13.3.6. Others

13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

13.4.1. Gulf Cooperation Council (GCC) Countries

13.4.2. Israel

13.4.3. South Africa

13.4.4. Rest of MEA

13.5. MEA Thermoplastic Polyurethane (TPU) Market – Opportunity Analysis Index, By Raw Material, By Type, By End-use Industry and Country,2022 – 2028

13.6. MEA Thermoplastic Polyurethane (TPU) Market Dynamics – Trends

14. Competition Landscape

14.1. Strategic Dashboard of Top Market Players

14.2. Company Profiles (Introduction, Financial Analysis, Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)

14.2.1. BASF

14.2.2. Lubrizol

14.2.3. Covestro

14.2.4. Huntsman

14.2.5. Wanhua

14.2.6. Polyone

14.2.7. Epaflex

14.2.8. Coim

14.2.9. Hexpol AB

14.2.10. Kuraray

14.2.11. Americal Polyfilm

14.2.12. Mitsui Chemicals

14.2.13. Novotex

14.2.14. Statex

14.2.15. Songwon

14.2.16. Sanyo Corporation

15. Research Methodology

16. Key Assumptions and Acronyms

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

Description

Key Development:

Thermoplastic Polyurethane (TPU) Market

Thermoplastic Polyurethane (TPU) Market

Features of the Report

Raw Material

Type

End-use Industry

By Geography

GEOGRAPHY

Frequently Asked Questions

Table Of Content

Company Profile

Description

Key Development:

Reviews

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