Thermoplastic Polyurethanes and TPU Market Size, Status, Demand and Global Outlook 2021- Lubrizol, BASF, Covestro, Wanhua Chemical, Huntsman

The Thermoplastic Polyurethanes (TPU) Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. This study provides information about the growth and revenue during the historic and forecasted period of 2015 to 2026. The structured analysis contains graphical as well as a diagrammatic representation of the global Thermoplastic Polyurethanes (TPU) Market with its specific geographical regions.

 “In 2020, the global Thermoplastic Polyurethanes (TPU) market size was US$ 2315.9 million and it is expected to reach US$ 3740.5 million by the end of 2027, with a CAGR of 6.0% during 2021-2027.”

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Top leading Manufacturers Profiled in Thermoplastic Polyurethanes (TPU) Market Report are Lubrizol, BASF, Covestro, Wanhua Chemical, Huntsman, Trinseo, Hexpol, Kuraray, COIM Group, Avient, Epaflex, Miracll Chemicals

Market Overview

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

Geographically, Europe, Asia-Pacific and the United States dominate the polyurethane elastomer market, of which Asia-Pacific is also the world’s leading and fastest-growing regional market, especially China, which plays a more important role in the world. APAC accounted for the highest market share of more than 55% in value.

Based on material type, TPU are mainly classified into the following types: Polyester-based TPU, Polyether-based TPU and Polycaprolactone-based TPU. Of the three product type segments, polyester held the largest market share, accounting for more than 58% of the market consumption.

TPU has wide range of Applications, such as Sports Goods & Footwear, Industrial Applications, Transportation/Automotive, Wire and Cable Solutions, Construction Materials, Medical, etc. Sports Goods & Footwear occupied the most market share, Automotive, footwear and medical are major drivers of the market growth in recent years.

The global key Thermoplastic Polyurethanes (TPU) manufacturers include Lubrizol, BASF, Covestro, Huntsman, Miracll Chemicals Co., Ltd, Wanhua Chemical, Trinseo, Hexpol, COIM Group, Epaflex, etc. Top 5 took about 66% market value share.

Global Thermoplastic Polyurethanes (TPU) Market Split by Product Type and Applications:

Market Research Study Focus on these Types:

Polyester-based TPU

Polyether-based TPU

Polycaprolactone-based TPU

Market Research Study Focus on these Applications:

Sports Goods & Footwear

Industrial Applications


Wire and Cable Solutions

Construction Materials



Regional Analysis for Thermoplastic Polyurethanes (TPU) Market:

For a comprehensive understanding of market dynamics, the global Thermoplastic Polyurethanes (TPU) market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

Thermoplastic Polyurethanes (TPU) Market Scenario:

This research report represents a detailed research overview of the competitive landscape of the Thermoplastic Polyurethanes (TPU) Market. Furthermore, it offers massive data relating to recent trends, developments, tools, and methodologies. The research report analyzes the Thermoplastic Polyurethanes (TPU) Market in a detailed manner for better insights into the businesses.

The report evaluates the growth rate and the Market value based on Market dynamics, growth-inducing factors. The complete knowledge is based on the latest industry news, threats, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key Takeaways from Thermoplastic Polyurethanes (TPU) Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Thermoplastic Polyurethanes (TPU) market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Thermoplastic Polyurethanes (TPU) market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Thermoplastic Polyurethanes (TPU)

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In conclusion, the Thermoplastic Polyurethanes (TPU) market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Thermoplastic Polyurethanes (TPU) Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

Available Customization– The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

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