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Thermoplastic Polyurethane (TPU) Market
Thermoplastic Polyurethane (TPU) Market Size, Share, Forecast, & Trends Analysis by Type (Polyether, Polyester, Polycaprolactone, Others), Processing Method (Injection Molding, Extrusion, Others), Sector (Footwear, Medical Devices, Automotive, Others), Geography - Global Forecast to 2031
Report ID:MRCHM - 1041160 Pages: 200 May-2024 Formats*: PDF Category: Chemicals and Materials Delivery: 24 to 72 HoursThermoplastic Polyurethane Market Size & Forecast
The Thermoplastic Polyurethane Market is expected to reach $5.3 billion by 2031, at a CAGR of 7.3% from 2024 to 2031. By 2031, Thermoplastic Polyurethane Consumption is Expected to Reach 1519 K Tons. The growth of this market is driven by factors such as the rising use of thermoplastic polyurethane in the automotive sector, the increasing demand for TPU from the footwear sector, and the growing demand for biodegradable plastic to reduce environmental pollution. In addition, the rising utilization of TPU in the industrial sector is expected to create market growth opportunities. However, the higher cost of TPU compared to traditional materials may restrain market growth. Additionally, the volatility of raw material prices poses a challenge to the market's growth.
Thermoplastic Polyurethane Market Growth Drivers
Rising Use of Thermoplastic Polyurethane in the Automotive Sector
Thermoplastic Polyurethane (TPU) films, known for their exceptional mechanical properties and versatility, have become indispensable materials in the production of lightweight components, resulting in high demand in the automotive sector. TPU films find applications in various sound insulation components for vehicles, including door panels, fender walls, engine covers, pump covers, and more.
Moreover, the increasing initiatives by market players are anticipated to accelerate the adoption of TPU for automotive applications. For instance, in September 2021, KPX Chemical and Huntsman Corporation announced the establishment of a joint venture named KPX HUNTSMAN POLYURETHANES AUTOMOTIVE CO., LTD. (KHPUA). This venture aims to create and provide innovative polyurethane system solutions to Korean automakers from a specialty polyurethane manufacturing facility at KPX Chemical's Ulsan plant.
The rising use of TPU in the automotive sector to address processing and design challenges while simultaneously enhancing passenger safety, comfort, and convenience is expected to drive market growth.
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Growing Demand for Biodegradable Plastic to Reduce Environmental Pollution
There is a rising demand for eco-friendly packaging, disposable cutlery, food containers, and various consumer goods crafted from biodegradable materials. Biodegradable alternatives are gaining traction as traditional petroleum-based plastics release harmful chemicals into the soil upon disposal, potentially contaminating groundwater sources and posing health risks to both animals and humans. As a result, governments worldwide have implemented numerous regulations to promote the production and use of environmentally friendly plastics.
Thermoplastic polyurethane (TPU) is a biodegradable solution that offers grease resistance, abrasion resistance, and robust mechanical properties. Products manufactured with TPU are biodegradable, breaking down fully in approximately three to five years. Another notable advantage is that TPU is non-toxic, and its biodegradation process does not alter the pH levels of soils or groundwater. These factors are poised to propel market growth in the foreseeable future.
Increasing Demand for TPU from the Footwear Sector
TPU plastic is widely utilized in the production of soles and midsoles for sports, hiking, and work footwear. Due to its resistance to abrasion, wear, and traction, TPU soles offer excellent grip, cushioning, and durability. Moreover, TPU can be tailored with different properties, such as stiffness or flexibility, to cater to the specific requirements of various types of footwear.
Additionally, the growing focus of market players on advancing TPU for footwear applications is anticipated to drive market growth. For instance, in September 2023, Huntsman Corporation (U.S.) developed a liquid thermoplastic polyurethane (LTPU) that facilitates the rapid manufacture of high-performing midsoles.
The surge in footwear and apparel production and continuous technological advancements are driving the demand for TPU from the footwear and apparel sectors.
Thermoplastic Polyurethane Market Challenge
Higher Cost of TPU Compared to Conventional Plastics
The cost of thermoplastic polyurethane is often higher compared to traditional materials, primarily due to its enhanced properties. The manufacturing process for TPU entails significant investment and is more intricate than that of conventional plastics. Moreover, certain grades of TPU have a relatively short shelf life. Similar to other Thermoplastic Elastomers (TPEs), TPUs require drying before processing. Additionally, TPUs typically exhibit a narrower hardness range and a narrower temperature range for processing, which imposes certain limitations on manufacturability. The substantial investment and complex manufacturing process contribute to the high costs of thermoplastic polyurethane, posing a challenge to the growth of the market.
Thermoplastic Polyurethane Market Analysis: Key Findings
By Type: in 2024, the Polyester Segment to Dominate the Thermoplastic Polyurethane Market
Based on type, the thermoplastic polyurethane market is segmented into polyether, polyester, polycaprolactone, and other thermoplastic polyurethane types. In 2024, the polyester segment is expected to account for the largest share of 48.0% of the thermoplastic polyurethane market. This segment's large market share can be attributed to its properties, including high tensile strength, puncture resistance, superior durability in abrasive environments, and excellent chemical resistance, making them well-suited for use in environments where contact with fuels and solvents is common. Additionally, the growing preference for polyester in construction, automotive, and footwear applications contributes to the significant market share of this segment. In response to the increasing demand, market players are launching new solutions. For instance, in September 2023, Trinseo (U.S.), a specialty materials solutions provider, launched a new transparent thermoplastic elastomer (TPE) grade tailored for footwear applications. The APILON 52 XB-75A CRISTALLO marks Trinseo's first ester-based transparent thermoplastic polyurethane (TPU), representing a significant addition to the company's growing portfolio of solutions for the fashion & footwear industry.
However, the polycaprolactone segment is projected to register the highest CAGR during the forecast period. The growth of this segment can be attributed to the excellent properties of polycaprolactone, including high resistance to hydrolysis, exceptional durability, resistance to cuts and chips, low-temperature flexibility and toughness, and chemical resistance. Furthermore, the increasing utilization of this TPU in the production of pneumatic and hydraulic seals, as well as conveyor belts, contributes to its increased demand. Additionally, polycaprolactone-based TPUs have a lower melting point and are easily processable, making them suitable for a diverse range of applications, such as medical devices, automotive components, and coatings.
By Processing Method: in 2024, the Injection Molding Segment to Dominate the Thermoplastic Polyurethane Market
Based on processing method, the thermoplastic polyurethane market is segmented into injection molding, extrusion, blow molding, and other processing methods. In 2024, the injection molding segment is expected to account for the largest share of the thermoplastic polyurethane market. Injection molding is a method used to produce molded products by injecting molten plastic materials into a mold, which then cools and solidifies the material. This segment's large market share can be attributed to the increasing utilization of injection molding processes across various sectors, including automotive, medical, aerospace, consumer electronics, packaging, and construction.
However, the blow molding segment is projected to register the highest CAGR during the forecast period. The growth of this segment can be attributed to the robust physical and mechanical properties of blow-molded products, including excellent processibility, high extrusion stability, and resistance to both cold and heat. Additionally, the increasing utilization of blow molding processes for the production of thin film, ultra-thin film, air cushions, and pipes further drives the growth of this segment.
By Sector: in 2024, the Footwear Segment to Dominate the Thermoplastic Polyurethane Market
Based on sector, the thermoplastic polyurethane market is segmented into footwear, industrial machinery, automotive, electronics, medical devices, consumer goods, sports & leisure, building & construction, and other sectors. In 2024, the footwear segment is expected to account for the largest share of 35.0% of the thermoplastic polyurethane market. This segment's large market share can be attributed to the increasing demand for durable and comfortable shoes and growing consumer expenditure on footwear. Additionally, footwear manufacturers are increasingly utilizing thermoplastic polyurethane in footwear production. For instance, in September 2021, BASF SE (Germany) collaborated with Hotter (U.K.), a leading shoe manufacturing company, to introduce its first expanded thermoplastic polyurethane (E-TPU) product called Infinergy (E-TPU) for shoe manufacturing. Infinergy (E-TPU) offers exceptional cushioning, contributing to enhanced comfort and performance in footwear.
However, the medical devices segment is projected to register the highest CAGR during the forecast period. The growth of this segment is attributed to the increasing adoption of medical-grade thermoplastic polyurethane (TPU) in various applications such as cardiology, urology, vascular, wound care, and others. Additionally, the rising utilization of thermoplastic polyurethane (TPU) as a raw material for extracorporeal and implantable blood-contacting medical devices, including blood pockets, catheters, vascular grafts, and arteriovenous shunts, is anticipated to drive the segment's growth.
Geographical Analysis
In 2024, Asia-Pacific is expected to account for the largest share of 56.0% of the thermoplastic polyurethane market. Asia-Pacific's significant market share can be attributed to the increasing demand for thermoplastic polyurethane across various sectors, including automotive, construction, and consumer goods. This trend is further fueled by rising infrastructure developments, rising disposable incomes, growing urbanization, and expanding footwear and apparel production in the region.
Moreover, the market in Asia-Pacific is projected to register the highest CAGR of 8.5% during the forecast period. The increasing focus of market players on expanding their presence in Asia-Pacific is expected to drive the growth of this regional market. For instance, in February 2023, Covestro AG (Germany) announced plans to construct its largest thermoplastic polyurethane manufacturing plant in Zhuhai, South China. Upon completion, the plant will have a total manufacturing capacity of 20,000 tons of TPU per year. Furthermore, in August 2022, The Lubrizol Corporation (U.S.) announced the establishment of a new TPU line at the Shanghai Songjiang Site. The new production line was aimed at enhancing the company's TPU production capacity and strengthening its business in Asia-Pacific.
Thermoplastic Polyurethane Market: Key Companies
The report offers a competitive analysis based on an extensive assessment of the leading players' product portfolios and geographic presence and the key growth strategies adopted by them over the past 3–4 years. Some of the key players operating in the thermoplastic polyurethane market are BASF SE (Germany), The Lubrizol Corporation (U.S.), Covestro AG (Germany), Taiwan PU Corporation (Taiwan), AMERICAN POLYFILM, INC. (U.S.), Coim Group (Italy), Mitsui Chemicals, Inc. (Japan), Sanyo Corporation of America (U.S.), Huntsman International LLC (U.S.), Wanhua Chemical Group Co., Ltd. (China), Avient Corporation (U.S.), HEXPOL AB (Sweden), SONGWON (South Korea), Tosoh Corporation (Japan), and Kolon Industries, Inc (South Korea).
Thermoplastic Polyurethane Industry Overview: Latest Developments from Key Industry Players
- In January 2024, Novoloop (U.S.) announced the construction of a pilot plant in India to pilot its process for manufacturing chemically upcycled thermoplastic polyurethane (TPU) from post-consumer plastic waste.
- In October 2023, CRP Technology (Italy) launched a new material within the TOP-LINE range for industrial 3D printing services: the rubber-like Windform TPU.
- In August 2022, RODIM, a paint-related product brand of BASF SE (Germany), launched its new invisible Thermoplastic Polyurethane (TPU) Paint Protection Film (PPF) in Asia-Pacific. This solution provides multifaceted and long-lasting protection for automotive coatings.
Thermoplastic Polyurethane Market Research Summary
|
Particulars |
Details |
|
Number of Pages |
200 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR |
7.3% |
|
Market Size (Value) |
USD 5.3 Billion by 2031 |
|
Segments Covered |
By Type
By Processing Method
By Sector
|
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, U.K., France, Italy, Spain, Switzerland, Netherlands, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (UAE, Israel, Rest of Middle East & Africa) |
|
Key Companies |
BASF SE (Germany), The Lubrizol Corporation (U.S.), Covestro AG (Germany), Taiwan PU Corporation (Taiwan), AMERICAN POLYFILM, INC. (U.S.), Coim Group (Italy), Mitsui Chemicals, Inc. (Japan), Sanyo Corporation of America (U.S.), Huntsman International LLC (U.S.), Wanhua Chemical Group Co., Ltd. (China), Avient Corporation (U.S.), HEXPOL AB (Sweden), SONGWON (South Korea), Tosoh Corporation (Japan), and Kolon Industries, Inc (South Korea). |
Key questions answered in the thermoplastic polyurethane market Report:
This study focuses on market assessment and opportunity analysis by analyzing the sales of thermoplastic polyurethane across various regions and countries. This study also offers a competitive analysis of the thermoplastic polyurethane market based on an extensive assessment of the leading players' product portfolios, geographic presence, and key growth strategies.
The thermoplastic polyurethane market is projected to reach $5.3 billion by 2031, at a CAGR of 7.3% during the forecast period.
Based on type, in 2024, the polyester segment is expected to account for the largest share of the thermoplastic polyurethane market.
Based on processing method, in 2024, the injection molding segment is expected to account for the largest share of the thermoplastic polyurethane market.
Based on sector, in 2024, the footwear segment is expected to account for the largest share of the thermoplastic polyurethane market.
The growth of this market is driven by factors such as the rising use of thermoplastic polyurethane in the automotive sector, the increasing demand for TPU from the footwear sector, and the growing demand for biodegradable plastic to reduce environmental pollution. In addition, the rising utilization of TPU in the industrial sector is expected to create market growth opportunities.
The key players operating in the thermoplastic polyurethane market are BASF SE (Germany), The Lubrizol Corporation (U.S.), Covestro AG (Germany), Taiwan PU Corporation (Taiwan), AMERICAN POLYFILM, INC. (U.S.), Coim Group (Italy), Mitsui Chemicals, Inc. (Japan), Sanyo Corporation of America (U.S.), Huntsman International LLC (U.S.), Wanhua Chemical Group Co., Ltd. (China), Avient Corporation (U.S.), HEXPOL AB (Sweden), SONGWON (South Korea), Tosoh Corporation (Japan), and Kolon Industries, Inc (South Korea).
Asia-Pacific is projected to register the highest growth rate over the coming years and offer significant growth opportunities for vendors operating in this market.
1. Introduction
1.1 Market Definition
1.2 Currency & Limitations
1.2.1 Currency
1.2.2 Limitations
2. Research Methodology
2.1 Research Approach
2.2 Process of Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3 Market Sizing and Forecast
2.3.1 Market Size Estimation Approach
2.3.2 Growth Forecast Approach
2.4 Assumption for the Study
3. Executive Summary
3.1 Market Overview
3.2 Market Analysis, by Type
3.3 Market Analysis, by Processing Method
3.4 Market Analysis, by Sector
3.5 Market Analysis, by Geography
3.6 Competitive Analysis
4. Market Insights
4.1 Overview
4.2 Factors Affecting Market Growth
4.2.1 Drivers
4.2.1.1 Rising Use of Thermoplastic Polyurethane in the Automotive Sector
4.2.1.2 Increasing Demand for TPU From the Footwear Sector
4.2.1.3 Growing Demand for Biodegradable Plastic to Reduce Environmental Pollution
4.2.2 Restraints
4.2.2.1 Higher Cost of TPU Compared to Conventional Plastics
4.2.3 Opportunities
4.2.3.1 Rising Utilization of TPU in the Industrial Sector
4.2.4 Challenges
4.2.4.1 Volatility of Raw Material Prices
4.3 Trends
4.4 Vendor Selection Criteria/Factors Affecting Buying Decision
4.5 Porter's Five Forces Analysis
4.6 Supply Chain Analysis
5. Thermoplastic Polyurethane Market Assessment—by Type
5.1 Overview
5.2 Polyether
5.3 Polyester
5.4 Polycaprolactone
5.5 Other Thermoplastic Polyurethane Types
6. Thermoplastic Polyurethane Market Assessment—by Processing Method
6.1 Overview
6.2 Injection Molding
6.3 Extrusion
6.4 Blow Molding
6.5 Other Processing Methods
7. Thermoplastic Polyurethane Market Assessment—by Sector
7.1 Overview
7.2 Footwear
7.3 Industrial Machinery
7.4 Automotive
7.5 Electronics
7.6 Medical Devices
7.7 Consumer Goods
7.8 Sports & Leisure
7.9 Building & Construction
7.10 Other Sectors
8. Thermoplastic Polyurethane Market Assessment—by Geography
8.1 North America
8.1.1 U.S.
8.1.2 Canada
8.2 Europe
8.2.1 Germany
8.2.2 U.K.
8.2.3 France
8.2.4 Italy
8.2.5 Spain
8.2.6 Switzerland
8.2.7 Netherlands
8.2.8 Rest of Europe
8.3 Asia-Pacific
8.3.1 Japan
8.3.2 China
8.3.3 India
8.3.4 South Korea
8.3.5 Singapore
8.3.6 Malaysia
8.3.7 Rest of Asia-Pacific
8.4 Latin America
8.4.1 Mexico
8.4.2 Brazil
8.4.3 Rest of Latin America
8.5 Middle East & Africa
8.5.1 UAE
8.5.2 Israel
8.5.3 Rest of Middle East & Africa
9. Thermoplastic Polyurethane Market Assessment—Competitive Analysis
9.1 Overview
9.2 Key Growth Strategies
9.3 Competitive Dashboard
9.3.1 Industry Leaders
9.3.2 Market differentiators
9.3.3 Vanguards
9.3.4 Contemporary Stalwarts
9.4 Vendor Market Positioning
9.5 Market Share/Ranking, by Key Players
10. Company Profiles
10.1 BASF SE
10.2 The Lubrizol Corporation
10.3 Covestro AG
10.4 Taiwan PU Corporation
10.5 AMERICAN POLYFILM, INC.
10.6 Coim Group
10.7 Mitsui Chemicals, Inc.
10.8 Sanyo Corporation of America
10.9 Huntsman International LLC
10.10 Wanhua Chemical Group Co., Ltd.
10.11 Avient Corporation
10.12 HEXPOL AB
10.13 SONGWON
10.14 Tosoh Corporation
10.15 Kolon Industries, Inc
11. Appendix
11.1 Available Customizations
11.2 Related Reports
List of Tables
Table 1 Currency Conversion Rates (2021–2024)
Table 2 Global Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 3 Global Polyether Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global Polyester Market, by Country/Region, 2022–2031 (USD Million)
Table 5 Global Polycaprolactone Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Other Thermoplastic Polyurethane Types Market, by Country/Region, 2022–2031 (USD Million)
Table 7 Global Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 8 Global Thermoplastic Polyurethane Market for Injection Molding, by Country/Region, 2022–2031 (USD Million)
Table 9 Global Thermoplastic Polyurethane Market for Extrusion, by Country/Region, 2022–2031 (USD Million)
Table 10 Global Thermoplastic Polyurethane Market for Blow Molding, by Country/Region, 2022–2031 (USD Million)
Table 11 Global Thermoplastic Polyurethane Market for Other Processing Methods, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Thermoplastic Polyurethane Market, by Sector, 2022–2031 (USD Million)
Table 13 Global Thermoplastic Polyurethane Market for Footwear, by Country/Region, 2022–2031 (USD Million)
Table 14 Global Thermoplastic Polyurethane Market for Industrial Machinery, by Country/Region, 2022–2031 (USD Million)
Table 15 Global Thermoplastic Polyurethane Market for Automotive, by Country/Region, 2022–2031 (USD Million)
Table 16 Global Thermoplastic Polyurethane Market for Electronics, by Country/Region, 2022–2031 (USD Million)
Table 17 Global Thermoplastic Polyurethane Market for Medical Devices, by Country/Region, 2022–2031 (USD Million)
Table 18 Global Thermoplastic Polyurethane Market for Consumer Goods, by Country/Region, 2022–2031 (USD Million)
Table 19 Global Thermoplastic Polyurethane Market for Sports & Leisure, by Country/Region, 2022–2031 (USD Million)
Table 20 Global Thermoplastic Polyurethane Market for Building & Construction, by Country/Region, 2022–2031 (USD Million)
Table 21 Global Thermoplastic Polyurethane Market for Other Sectors, by Country/Region, 2022–2031 (USD Million)
Table 22 North America: Thermoplastic Polyurethane Market, by Country, 2022–2031 (USD Million)
Table 23 North America: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 24 North America: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 25 North America: Thermoplastic Polyurethane Market, by Sector
Table 26 U.S.: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 27 U.S.: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 28 U.S.: Thermoplastic Polyurethane Market, by Sector
Table 29 Canada: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 30 Canada: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 31 Canada: Thermoplastic Polyurethane Market, by Sector
Table 32 Europe: Thermoplastic Polyurethane Market, by Country/Region, 2022–2031 (USD Million)
Table 33 Europe: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 34 Europe: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 35 Europe: Thermoplastic Polyurethane Market, by Sector
Table 36 Germany: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 37 Germany: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 38 Germany: Thermoplastic Polyurethane Market, by Sector
Table 39 U.K.: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 40 U.K.: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 41 U.K.: Thermoplastic Polyurethane Market, by Sector
Table 42 France: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 43 France: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 44 France: Thermoplastic Polyurethane Market, by Sector
Table 45 Italy: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 46 Italy: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 47 Italy: Thermoplastic Polyurethane Market, by Sector
Table 48 Spain: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 49 Spain: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 50 Spain: Thermoplastic Polyurethane Market, by Sector
Table 51 Switzerland: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 52 Switzerland: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 53 Switzerland: Thermoplastic Polyurethane Market, by Sector
Table 54 Netherlands: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 55 Netherlands: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 56 Netherlands: Thermoplastic Polyurethane Market, by Sector
Table 57 Rest of Europe: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 58 Rest of Europe: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 59 Rest of Europe: Thermoplastic Polyurethane Market, by Sector
Table 60 Asia-Pacific: Thermoplastic Polyurethane Market, by Country/Region, 2022–2031 (USD Million)
Table 61 Asia-Pacific: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 62 Asia-Pacific: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 63 Asia-Pacific: Thermoplastic Polyurethane Market, by Sector
Table 64 China: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 65 China: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 66 China: Thermoplastic Polyurethane Market, by Sector
Table 67 Japan: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 68 Japan: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 69 Japan: Thermoplastic Polyurethane Market, by Sector
Table 70 India: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 71 India: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 72 India: Thermoplastic Polyurethane Market, by Sector
Table 73 South Korea: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 74 South Korea: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 75 South Korea: Thermoplastic Polyurethane Market, by Sector
Table 76 Singapore: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 77 Singapore: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 78 Singapore: Thermoplastic Polyurethane Market, by Sector
Table 79 Malaysia: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 80 Malaysia: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 81 Malaysia: Thermoplastic Polyurethane Market, by Sector
Table 82 Rest of Asia-Pacific: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 83 Rest of Asia-Pacific: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 84 Rest of Asia-Pacific: Thermoplastic Polyurethane Market, by Sector
Table 85 Latin America: Thermoplastic Polyurethane Market, by Country/Region, 2022–2031 (USD Million)
Table 86 Latin America: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 87 Latin America: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 88 Latin America: Thermoplastic Polyurethane Market, by Sector
Table 89 Brazil: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 90 Brazil: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 91 Brazil: Thermoplastic Polyurethane Market, by Sector
Table 92 Mexico: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 93 Mexico: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 94 Mexico: Thermoplastic Polyurethane Market, by Sector
Table 95 Rest of Latin America: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 96 Rest of Latin America: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 97 Rest of Latin America: Thermoplastic Polyurethane Market, by Sector
Table 98 Middle East & Africa: Thermoplastic Polyurethane Market, by Country/Region, 2022–2031 (USD Million)
Table 99 Middle East & Africa: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 100 Middle East & Africa: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 101 Middle East & Africa: Thermoplastic Polyurethane Market, by Sector
Table 102 UAE: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 103 UAE: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 104 UAE: Thermoplastic Polyurethane Market, by Sector
Table 105 Israel: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 106 Israel: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 107 Israel: Thermoplastic Polyurethane Market, by Sector
Table 108 Rest of Middle East & Africa: Thermoplastic Polyurethane Market, by Type, 2022–2031 (USD Million)
Table 109 Rest of Middle East & Africa: Thermoplastic Polyurethane Market, by Processing Method, 2022–2031 (USD Million)
Table 110 Rest of Middle East & Africa: Thermoplastic Polyurethane Market, by Sector
Table 111 Recent Developments by the Major Market Players (2021–2024)
List of Figures
Figure 1 Research Process
Figure 2 Secondary Sources Referenced for this Study
Figure 3 Primary Research Techniques
Figure 4 Key Executives Interviewed
Figure 5 Breakdown of Primary Interviews (Supply Side & Demand Side)
Figure 6 Market Sizing and Growth Forecast Approach
Figure 7 Key Insights
Figure 8 Global Thermoplastic Polyurethane Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 9 Global Thermoplastic Polyurethane Market, by Processing Method, 2024 Vs. 2031 (USD Million)
Figure 10 Global Thermoplastic Polyurethane Market, by Sector, 2024 Vs. 2031 (USD Million)
Figure 11 Geographic Snapshot: Thermoplastic Polyurethane Market
Figure 12 Impact Analysis of Market Drivers, Restraints, Opportunities, and Challenges
Figure 13 Global Thermoplastic Polyurethane Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 14 Global Thermoplastic Polyurethane Market, by Processing Method, 2024 Vs. 2031 (USD Million)
Figure 15 Global Thermoplastic Polyurethane Market, by Sector, 2024 Vs. 2031 (USD Million)
Figure 16 Global Thermoplastic Polyurethane Market, by Geography, 2024 Vs. 2031 (USD Million)
Figure 17 Geographic Snapshot: North America Thermoplastic Polyurethane Market
Figure 18 Geographic Snapshot: Europe Thermoplastic Polyurethane Market
Figure 19 Geographic Snapshot: Asia-Pacific Thermoplastic Polyurethane Market
Figure 20 Geographic Snapshot: Latin America Thermoplastic Polyurethane Market
Figure 21 Geographic Snapshot: Middle East & Africa Thermoplastic Polyurethane Market
Figure 22 Growth Strategies Adopted by Leading Market Players (2021–2024)
Figure 23 Competitive Dashboard: Thermoplastic Polyurethane Market
Figure 24 Vendor Market Positioning Analysis (2021–2024)
Figure 25 BASF SE: Financial Overview
Figure 26 The Lubrizol Corporation: Financial Overview
Figure 27 Covestro AG: Financial Overview
Figure 28 Mitsui Chemicals, Inc.: Financial Overview
Figure 29 Huntsman International LLC: Financial Overview
Figure 30 Wanhua Chemical Group Co., Ltd.: Financial Overview
Figure 31 Avient Corporation: Financial Overview
Figure 32 HEXPOL AB: Financial Overview
Figure 33 SONGWON: Financial Overview
Figure 34 Tosoh Corporation: Financial Overview
Figure 35 Kolon Industries, Inc: Financial Overview
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