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TPU Granules Market Size, Trends, Growth Analysis, and Forecast | Valuates Reports
TPU Granules MarketThermoplastic 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 global TPU Granules market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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North American market for TPU Granules is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for TPU Granules is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of TPU Granules include Lubrizol, BASF, Covestro, Wanhua Chemical, Huntsman, LANXESS, Trinseo, Hexpol and Kuraray, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for TPU Granules, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding TPU Granules.
By Type
• Polyester-based TPU
• Polyether-based TPU
• Polycaprolactone-based TPU
By Application
• Sports Goods & Footwear
• Industrial Applications
• Transportation/Automotive
• Wire and Cable Solutions
• Construction Materials
Key Companies
Lubrizol, BASF, Covestro, Wanhua Chemical, Huntsman, LANXESS, Trinseo, Hexpol, Kuraray, COIM Group, Avient, Epaflex, Miracll Chemicals Co., Ltd
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