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US Thermoplastic Polyurethane (TPU) Market Size, Share, Growth & Forecast 2020-2026

11-20-2020 01:07 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Orion Market Research

US Thermoplastic Polyurethane (TPU) Market Size, Share, Growth

The US thermoplastic polyurethane market is estimated to exhibit a considerable CAGR during the forecast period. The increasing use of thermoplastic polyurethane in various end-user industries such as footwear, electronics, and medical, is driving the growth of the US thermoplastic polyurethane industry. the footwear industry is one of the major applications of thermoplastic polyurethane and is driving the growth of the market in the country.

A full Report of US Thermoplastic Polyurethane (TPU) Market Available at

According to the Footwear Distributors and Retailers of America in 2020, Americans spend around $86 billion on shoes every year. There are 127,000 footwear workers in the nation (post-pandemic). Further, the US imports more than 7 pairs of shoes for every man, woman, and child in the country. Further, the footwear companies of the nation invest tens of millions of dollars each year in their stores, and platforms to ensure the delivery of high-quality shoes in a timely manner.

Such a growing footwear industry in the country demands raw material or the manufacturing of shoes. Adhesives based on thermoplastic polyurethane resins show good strength at low and high temperatures and are resistant to chemicals, water, and humidity. Owing to such properties, the material is highly preferred for the manufacturing of shoes. Therefore, with the growing footwear industry, the market for thermoplastic polyurethane is expected to grow in the country during the forecast period.

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Market Coverage

• Market number available for – 2018-2025
• Base year- 2018
• Forecast period- 2019-2025
• Segment Covered- By Raw Material and By Application
• Regions Covered- US
• Competitive Landscape- BASF SE, Huntsman International LLC, and The Lubrizol Corp.

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

US Thermoplastic Polyurethane Market- Segmentation

By Raw Material

• Polyol
• Diisocyanate
• Diols

By Application

• Footwear
• Industrial Machinery
• Automotive
• Electronics
• Medical
• Others

Company Profiles

• Overview
• BASF SE in Thermoplastic Polyurethane Landscape
• Recent Developments
• Coim Group
• DingZing Advanced Materials Inc.
• Huntsman International LLC
• MH&W International Corp.
• PolyOne Corp.
• Sanyo Corp.
• Schweitzer-Mauduit International Inc
• The Lubrizol Corp.
• Us:
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Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 780-304-040

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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