Thermoplastic Polyurethanes Market

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 Thermoplastic Polyurethanes (TPU) market covers Polyester-based TPU, Polyether-based TPU, etc. The typical players include Lubrizol, BASF, Covestro, Wanhua Chemical, etc.

Thermoplastic Polyurethanes Market contains market size and forecasts of Thermoplastic Polyurethanes (TPU) in global, including the following market information:

Global Thermoplastic Polyurethanes (TPU) Market Revenue, 2018-2023, 2023-2030, ($ millions)

Global Thermoplastic Polyurethanes (TPU) Market Sales, 2018-2023, 2023-2030, (K MT)

Global top five Thermoplastic Polyurethanes (TPU) companies in 2022 (%)

The global Thermoplastic Polyurethanes (TPU) market was valued at US$ 3274.1 million in 2022 and is projected to reach US$ 4895.2 million by 2030, at a CAGR of 5.9% during the forecast period 2023-2030.

Global core thermoplastic polyurethanes (TPU) manufacturers include Lubrizol, BASF, Covestro etc.The top 5 companies hold a share about 70%.Asia-Pacific is the largest market, with a share about 50%, followed by Europe and North America with the share about 25% and 20%.In terms of product, polyester-based TPU is the largest segment, with a share about 70%. And in terms of application, the largest application is sports goods & footwear, followed by industrial applications.

We surveyed the Thermoplastic Polyurethanes (TPU) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Thermoplastic Polyurethanes (TPU) Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (K MT)

Global Thermoplastic Polyurethanes (TPU) Market Segment Percentages, by Type, 2022 (%)

Polyester-based TPU

Polyether-based TPU

Polycaprolactone-based TPU

Global Thermoplastic Polyurethanes (TPU) Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K MT)

Global Thermoplastic Polyurethanes (TPU) Market Segment Percentages, by Application, 2022 (%)

Sports Goods & Footwear

Industrial Applications

Transportation/Automotive

Wire and Cable Solutions

Construction Materials

Medical, etc.

Global Thermoplastic Polyurethanes (TPU) Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (K MT)

Global Thermoplastic Polyurethanes (TPU) Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Thermoplastic Polyurethanes (TPU) revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Thermoplastic Polyurethanes (TPU) revenues share in global market, 2022 (%)

Key companies Thermoplastic Polyurethanes (TPU) sales in global market, 2018-2023 (Estimated), (K MT)

Key companies Thermoplastic Polyurethanes (TPU) sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

Lubrizol

BASF

Covestro

Wanhua Chemical

Huntsman

Trinseo

Hexpol

Kuraray

COIM Group

Avient

Epaflex

Miracll Chemicals Co., Ltd