Report overview
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.
This report 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