Thermoplastic Polyurethanes (TPU) Market Poised for Significant Growth, Projected to Reach $6.17 Billion by 2031 | Lubrizol, BASF, Covestro, Wanhua Chemical

LOS ANGELES, United States: The report named, "Thermoplastic Polyurethanes (TPU) - Global Market Share and Ranking, Overall, Sales and Demand Forecast 2025-2031" has been added to the archive of market research studies by QY Research. The industry experts and researchers have offered reliable and precise analysis of the global Thermoplastic Polyurethanes market in view of numerous aspects such as growth factors, challenges, limitations, developments, trends, and growth opportunities. This report will surely act as a handy instrument for the market participants to develop effective strategies with an aim to reinforce their market positions. This report offers pin-point analysis of the changing dynamics and emerging trends in the global Thermoplastic Polyurethanes market.

The global Thermoplastic Polyurethanes (TPU) market is set for remarkable expansion, with its valuation expected to surge from $3.99 billion in 2024 to $6.17 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2031.

TPU, a highly versatile material, is witnessing increased demand across multiple industries, including automotive, electronics, medical devices, and sports equipment. Due to its exceptional mechanical properties, abrasion resistance, and biocompatibility, TPU is becoming an essential component in high-performance applications.

Get PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample/4407720

Expanding Applications of TPU Across Industries

1. Automotive Sector: TPU is extensively used for manufacturing soft components, seals, and protective films, enhancing vehicle comfort, durability, and safety.

2. Consumer Electronics: TPU is a preferred choice for phone cases, keyboard protectors, and wearable device accessories, offering superior protection and impact resistance.

3. Medical Devices: TPU's biocompatibility makes it ideal for catheters, single-use medical devices, and other healthcare applications.

4. Sports Equipment: TPU is utilized in footwear, protective gear, and sporting goods, ensuring durability and performance.

Key Growth Drivers Fueling TPU Market Expansion

1. Technological Advancements: Innovations in TPU manufacturing are improving material properties while reducing costs, fostering increased adoption.

2. Rising Consumer Demand: The need for high-quality, durable, and high-performance materials is driving TPU usage, particularly in premium consumer goods and medical applications.

3. Environmental Awareness & Regulations: TPU's recyclability and eco-friendly attributes are making it a preferred alternative to conventional plastics, aligning with global sustainability initiatives.

4. Asia-Pacific Market Boom: The region, led by China and India, is experiencing significant growth due to rapid industrialization, urbanization, and increasing demand for advanced materials.

Competition is a major subject in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study key strategies adopted by leading players of the global Thermoplastic Polyurethanes market. They will also be able to plan counterstrategies to gain a competitive advantage in the global Thermoplastic Polyurethanes market. Major as well as emerging players of the global Thermoplastic Polyurethanes market are closely studied taking into consideration their market share, production, revenue, sales growth, gross margin, product portfolio, and other significant factors. This will help players to become familiar with the moves of their toughest competitors in the global Thermoplastic Polyurethanes market. The report is just the right tool that players need to strengthen their position in the global Thermoplastic Polyurethanes market. It is also the perfect resource that will help players to sustain their lead or achieve a competitive position in the global Thermoplastic Polyurethanes market.

Key Players Mentioned in the Global Thermoplastic Polyurethanes Market Research Report:

Lubrizol
BASF
Covestro
Wanhua Chemical
Huntsman
Trinseo
Hexpol
Kuraray
COIM Group
Avient
Epaflex
Miracll Chemicals Co. Ltd
Huafon

The segmental analysis section of the report includes a thorough research study on key type and application segments of the global Thermoplastic Polyurethanes market. All of the segments considered for the study are analysed in quite some detail on the basis of market share, growth rate, recent developments, technology, and other critical factors. The segmental analysis provided in the report will help players to identify high-growth segments of the global Thermoplastic Polyurethanes market and clearly understand their growth journey. Moreover, it will help them to identify key growth pockets of the global Thermoplastic Polyurethanes market.

Details of Thermoplastic Polyurethanes Market Segmentation: -

Segment by Type:

Polyester-based TPUs
Polyether-based TPUs
Polycaprolactone TPUs

Segment by Application:

Sports Goods & Footwear
Industrial Applications
Transportation/Automotive
Wire and Cable Solutions
Construction Materials
Medical, etc.

The authors of the report have analysed both developing and developed regions considered for the research and analysis of the global Thermoplastic Polyurethanes market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Thermoplastic Polyurethanes markets to help players plan effective expansion strategies. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries. Players can use this study to explore untapped Thermoplastic Polyurethanes markets to extend their reach and create sales opportunities.

Reasons to Buy the Report

(1) This in-depth and comprehensive research on the global Thermoplastic Polyurethanes market will help you improve your market research skills.

(2) Acquire a thorough understanding of current and future market conditions to devise strategies for overcoming obstacles and ensuring consistent growth.

(3) It provides an in-depth analysis of changing market trends, current and future technologies, and the various strategies used by global Thermoplastic Polyurethanes industry leaders.

(4) It provides advice and support to newcomers to the global Thermoplastic Polyurethanes market and actively assists existing businesses in increasing their market share.

(5) It sheds light on the plans of the industry's leading firms and market advancements in the global Thermoplastic Polyurethanes market.

Key Questions Answered in the Report Include:

(1) This Thermoplastic Polyurethanes report gives all the information about the industry analysis, revenue, and overview, of this market.

(2) What will be the rate of increase in Thermoplastic Polyurethanes market size and growth rate by the end of the forecast period?

(3) What are the major global Thermoplastic Polyurethanes market trends influencing the development of the market?

(4) What are the vital results of SWOT analysis of the major players operating in the Thermoplastic Polyurethanes market?

(5) What are the potential growth opportunities and threats faced by Major competitors in the Thermoplastic Polyurethanes market?

(6) What are the market opportunities and threats faced by vendors in the Global Thermoplastic Polyurethanes market?

Unlock Exclusive Market Insights - Customize Your Research Report Now! https://www.qyresearch.com/reports/4407720/thermoplastic-polyurethanes--tpu

Table of Content

1 Market Overview
1.1 Thermoplastic Polyurethanes (TPU) Product Introduction
1.2 Global Thermoplastic Polyurethanes (TPU) Market Size Forecast
1.2.1 Global Thermoplastic Polyurethanes (TPU) Sales Value (2020-2031)
1.2.2 Global Thermoplastic Polyurethanes (TPU) Sales Volume (2020-2031)
1.2.3 Global Thermoplastic Polyurethanes (TPU) Sales Price (2020-2031)
1.3 Thermoplastic Polyurethanes (TPU) Market Trends & Drivers
1.3.1 Thermoplastic Polyurethanes (TPU) Industry Trends
1.3.2 Thermoplastic Polyurethanes (TPU) Market Drivers & Opportunity
1.3.3 Thermoplastic Polyurethanes (TPU) Market Challenges
1.3.4 Thermoplastic Polyurethanes (TPU) Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

2 Competitive Analysis by Company
2.1 Global Thermoplastic Polyurethanes (TPU) Players Revenue Ranking (2024)
2.2 Global Thermoplastic Polyurethanes (TPU) Revenue by Company (2020-2025)
2.3 Global Thermoplastic Polyurethanes (TPU) Players Sales Volume Ranking (2024)
2.4 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Company Players (2020-2025)
2.5 Global Thermoplastic Polyurethanes (TPU) Average Price by Company (2020-2025)
2.6 Key Manufacturers Thermoplastic Polyurethanes (TPU) Manufacturing Base and Headquarters
2.7 Key Manufacturers Thermoplastic Polyurethanes (TPU) Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Thermoplastic Polyurethanes (TPU)
2.9 Thermoplastic Polyurethanes (TPU) Market Competitive Analysis
2.9.1 Thermoplastic Polyurethanes (TPU) Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Thermoplastic Polyurethanes (TPU) Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermoplastic Polyurethanes (TPU) as of 2024)
2.10 Mergers & Acquisitions, Expansion

3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Polyester-based TPUs
3.1.2 Polyether-based TPUs
3.1.3 Polycaprolactone TPUs
3.2 Global Thermoplastic Polyurethanes (TPU) Sales Value by Type
3.2.1 Global Thermoplastic Polyurethanes (TPU) Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Thermoplastic Polyurethanes (TPU) Sales Value, by Type (2020-2031)
3.2.3 Global Thermoplastic Polyurethanes (TPU) Sales Value, by Type (%) (2020-2031)
3.3 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Type
3.3.1 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Thermoplastic Polyurethanes (TPU) Sales Volume, by Type (2020-2031)
3.3.3 Global Thermoplastic Polyurethanes (TPU) Sales Volume, by Type (%) (2020-2031)
3.4 Global Thermoplastic Polyurethanes (TPU) Average Price by Type (2020-2031)

4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Sports Goods & Footwear
4.1.2 Industrial Applications
4.1.3 Transportation/Automotive
4.1.4 Wire and Cable Solutions
4.1.5 Construction Materials
4.1.6 Medical, etc.
4.2 Global Thermoplastic Polyurethanes (TPU) Sales Value by Application
4.2.1 Global Thermoplastic Polyurethanes (TPU) Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Thermoplastic Polyurethanes (TPU) Sales Value, by Application (2020-2031)
4.2.3 Global Thermoplastic Polyurethanes (TPU) Sales Value, by Application (%) (2020-2031)
4.3 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Application
4.3.1 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Thermoplastic Polyurethanes (TPU) Sales Volume, by Application (2020-2031)
4.3.3 Global Thermoplastic Polyurethanes (TPU) Sales Volume, by Application (%) (2020-2031)
4.4 Global Thermoplastic Polyurethanes (TPU) Average Price by Application (2020-2031)

5 Segmentation by Region
5.1 Global Thermoplastic Polyurethanes (TPU) Sales Value by Region
5.1.1 Global Thermoplastic Polyurethanes (TPU) Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Thermoplastic Polyurethanes (TPU) Sales Value by Region (2020-2025)
5.1.3 Global Thermoplastic Polyurethanes (TPU) Sales Value by Region (2026-2031)
5.1.4 Global Thermoplastic Polyurethanes (TPU) Sales Value by Region (%), (2020-2031)
5.2 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Region
5.2.1 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Region (2020-2025)
5.2.3 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Region (2026-2031)
5.2.4 Global Thermoplastic Polyurethanes (TPU) Sales Volume by Region (%), (2020-2031)
5.3 Global Thermoplastic Polyurethanes (TPU) Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
5.4.2 North America Thermoplastic Polyurethanes (TPU) Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
5.5.2 Europe Thermoplastic Polyurethanes (TPU) Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
5.6.2 Asia Pacific Thermoplastic Polyurethanes (TPU) Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
5.7.2 South America Thermoplastic Polyurethanes (TPU) Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
5.8.2 Middle East & Africa Thermoplastic Polyurethanes (TPU) Sales Value by Country (%), 2024 VS 2031

6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Thermoplastic Polyurethanes (TPU) Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Thermoplastic Polyurethanes (TPU) Sales Value and Sales Volume
6.2.1 Key Countries/Regions Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
6.2.2 Key Countries/Regions Thermoplastic Polyurethanes (TPU) Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
6.3.2 United States Thermoplastic Polyurethanes (TPU) Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Thermoplastic Polyurethanes (TPU) Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
6.4.2 Europe Thermoplastic Polyurethanes (TPU) Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Thermoplastic Polyurethanes (TPU) Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
6.5.2 China Thermoplastic Polyurethanes (TPU) Sales Value by Type (%), 2024 VS 2031
6.5.3 China Thermoplastic Polyurethanes (TPU) Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
6.6.2 Japan Thermoplastic Polyurethanes (TPU) Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Thermoplastic Polyurethanes (TPU) Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
6.7.2 South Korea Thermoplastic Polyurethanes (TPU) Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Thermoplastic Polyurethanes (TPU) Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
6.8.2 Southeast Asia Thermoplastic Polyurethanes (TPU) Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Thermoplastic Polyurethanes (TPU) Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Thermoplastic Polyurethanes (TPU) Sales Value, 2020-2031
6.9.2 India Thermoplastic Polyurethanes (TPU) Sales Value by Type (%), 2024 VS 2031
6.9.3 India Thermoplastic Polyurethanes (TPU) Sales Value by Application, 2024 VS 2031

7 Company Profiles
7.1 Lubrizol
7.1.1 Lubrizol Company Information
7.1.2 Lubrizol Introduction and Business Overview
7.1.3 Lubrizol Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Lubrizol Thermoplastic Polyurethanes (TPU) Product Offerings
7.1.5 Lubrizol Recent Development
7.2 BASF
7.2.1 BASF Company Information
7.2.2 BASF Introduction and Business Overview
7.2.3 BASF Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 BASF Thermoplastic Polyurethanes (TPU) Product Offerings
7.2.5 BASF Recent Development
7.3 Covestro
7.3.1 Covestro Company Information
7.3.2 Covestro Introduction and Business Overview
7.3.3 Covestro Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Covestro Thermoplastic Polyurethanes (TPU) Product Offerings
7.3.5 Covestro Recent Development
7.4 Wanhua Chemical
7.4.1 Wanhua Chemical Company Information
7.4.2 Wanhua Chemical Introduction and Business Overview
7.4.3 Wanhua Chemical Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Wanhua Chemical Thermoplastic Polyurethanes (TPU) Product Offerings
7.4.5 Wanhua Chemical Recent Development
7.5 Huntsman
7.5.1 Huntsman Company Information
7.5.2 Huntsman Introduction and Business Overview
7.5.3 Huntsman Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Huntsman Thermoplastic Polyurethanes (TPU) Product Offerings
7.5.5 Huntsman Recent Development
7.6 Trinseo
7.6.1 Trinseo Company Information
7.6.2 Trinseo Introduction and Business Overview
7.6.3 Trinseo Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Trinseo Thermoplastic Polyurethanes (TPU) Product Offerings
7.6.5 Trinseo Recent Development
7.7 Hexpol
7.7.1 Hexpol Company Information
7.7.2 Hexpol Introduction and Business Overview
7.7.3 Hexpol Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Hexpol Thermoplastic Polyurethanes (TPU) Product Offerings
7.7.5 Hexpol Recent Development
7.8 Kuraray
7.8.1 Kuraray Company Information
7.8.2 Kuraray Introduction and Business Overview
7.8.3 Kuraray Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Kuraray Thermoplastic Polyurethanes (TPU) Product Offerings
7.8.5 Kuraray Recent Development
7.9 COIM Group
7.9.1 COIM Group Company Information
7.9.2 COIM Group Introduction and Business Overview
7.9.3 COIM Group Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 COIM Group Thermoplastic Polyurethanes (TPU) Product Offerings
7.9.5 COIM Group Recent Development
7.10 Avient
7.10.1 Avient Company Information
7.10.2 Avient Introduction and Business Overview
7.10.3 Avient Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Avient Thermoplastic Polyurethanes (TPU) Product Offerings
7.10.5 Avient Recent Development
7.11 Epaflex
7.11.1 Epaflex Company Information
7.11.2 Epaflex Introduction and Business Overview
7.11.3 Epaflex Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Epaflex Thermoplastic Polyurethanes (TPU) Product Offerings
7.11.5 Epaflex Recent Development
7.12 Miracll Chemicals Co., Ltd
7.12.1 Miracll Chemicals Co., Ltd Company Information
7.12.2 Miracll Chemicals Co., Ltd Introduction and Business Overview
7.12.3 Miracll Chemicals Co., Ltd Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Miracll Chemicals Co., Ltd Thermoplastic Polyurethanes (TPU) Product Offerings
7.12.5 Miracll Chemicals Co., Ltd Recent Development
7.13 Huafon
7.13.1 Huafon Company Information
7.13.2 Huafon Introduction and Business Overview
7.13.3 Huafon Thermoplastic Polyurethanes (TPU) Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Huafon Thermoplastic Polyurethanes (TPU) Product Offerings
7.13.5 Huafon Recent Development

8 Industry Chain Analysis
8.1 Thermoplastic Polyurethanes (TPU) Industrial Chain
8.2 Thermoplastic Polyurethanes (TPU) Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Thermoplastic Polyurethanes (TPU) Sales Model
8.5.2 Sales Channel
8.5.3 Thermoplastic Polyurethanes (TPU) Distributors

9 Research Findings and Conclusion

10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

About US:

QYResearch is a leading global market research and consulting company established in 2007. With over 16 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability.

Contact US

QY RESEARCH, INC.
17890 CASTLETON STREET
SUITE 369, CITY OF INDUSTRY
CA - 91748, UNITED STATES OF AMERICA
Web - https://www.qyresearch.com
Tel: +91-8669986909
Email- ankit@qyresearch.com

This release was published on openPR.