Press release
Thermoplastic Polyurethane Market Landscape 2025: Forecast Data and Growth Strategy Insights
Thermoplastic Polyurethane Market
What Is the Expected CAGR for the Thermoplastic Polyurethane Market Through 2025?
The market for thermoplastic polyurethane has witnessed considerable expansion in the recent past. The market, which stood at $2.97 billion in 2024 is projected to touch the $3.22 billion mark in 2025, registering a compound annual growth rate (CAGR) of 8.2%. Factors contributing to this growth during the historical period include versatile material properties, usage in consumer goods and footwear, applications in automotive sealing solutions, film and sheet manufacturing, as well as medical device applications.
What's the Projected Size of the Global Thermoplastic Polyurethane Market by 2029?
The market for thermoplastic polyurethane is predicted to undergo robust growth in the coming years, expanding to a value of $4.58 billion in 2029 with a compound annual growth rate (CAGR) of 9.2%. Factors contributing to this growth within the forecast period include an increasing demand in applications such as 3D printing, the utilization of sustainable and recyclable thermoplastic polyurethanes, the flourishing of renewable energy, as well as urban development and infrastructure growth. The period is also expected to see the rise of athletic wear. Key trends shaping this forecast period consist of the emergence of bio-based thermoplastic polyurethane, the use of recyclable thermoplastic polyurethane formulations, advancements in medical devices, the promotion of low-voc and environmentally-friendly additives, along with the customization of color and aesthetics.
View the full report here:
https://www.thebusinessresearchcompany.com/report/thermoplastic-polyurethane-global-market-report
Top Growth Drivers in the Thermoplastic Polyurethane Industry: What's Accelerating the Market?
The thermoplastic polyurethane market is predicted to grow due to the rising demand for products from the footwear industry. Companies involved in the design, production, and sale of shoes make up the footwear industry. The purpose of footwear is to shield feet from potential dangers such as falling or sharp objects, intense heat, cold temperatures, and wet or slippery grounds. To improve the durability, mechanical strength, resistance to abrasion, and anti-slip properties of their products, footwear industries are integrating thermoplastic polyurethane into shoe soles. For example, in February 2023, World Footwear reports that exports of Portuguese footwear and leather goods, which is based in Portugal, hit a new record high of 2.35 million euros in 2022, growing 22.2% compared to the previous year. Consequently, the thermoplastic polyurethane market will be fuelled by the increasing demand for products from the footwear industry.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7637&type=smp
What Trends Will Shape the Thermoplastic Polyurethane Market Through 2029 and Beyond?
Key players in the thermoplastic polyurethane industry are focusing on enhancing the quality of their previous thermoplastic polyurethane variants, keeping in mind their circularity and offering remarkable grip and durability. For instance, Huntsman, an American firm specializing in manufacturing and marketing thermoplastic polyurethane, launched AVALON GECKO TPU in August 2024. The portfolio of AVALON GECKO TPU offers rubber-comparable slip performance in both wet and dry states. There are different variants within this range - AVALON 6044 AG, which is an opaque, injectable grade ideal for safety shoes, AVALON 6053 AG, a transparent, extrusion grade suited for running applications, and AVALON 6055 AG, a transparent, injectable grade known for its superior wet slip performance.
What Are the Main Segments in the Thermoplastic Polyurethane Market?
The thermoplastic polyurethane market covered in this report is segmented -
1) By Type: Polyester, Polyether, Polycaprolactone, Other Types
2) By Raw Material: Diisocyanate, Polyols, Diols, Other Raw Materials
3) By Application: Automotive, Construction, Engineering, Footwear, Hose And Tubing, Wire And Cable, Other Applications
Subsegments:
1) By Polyester TPU: Aromatic Polyester TPU, Aliphatic Polyester TPU
2) By Polyether TPU: Aromatic Polyether TPU, Aliphatic Polyether TPU
3) By Polycaprolactone TPU: Standard Polycaprolactone TPU, High-performance Polycaprolactone TPU
4) By Other Types: Hybrid TPUs, Specialty TPUs
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7637&type=smp
Which Top Companies are Driving Growth in the Thermoplastic Polyurethane Market?
Major companies operating in the thermoplastic polyurethane market include BASF SE, Lubrizol Corporation, Covestro AG, Huntsman Corporation, Wanhua Industrial Group Co. Ltd., Coim India Private Limited, American Polyfilm Inc, Kuraray Co. Ltd, Mitsubishi Chemical Performance Polymers Inc., Novotex Italiana S.p.A., Sanyo Corporation of America, Hexpol AB, Trinseo plc, Avient Corporation, Epaflex Polyurethanes SpA, Coim Group, Miracll Chemicals Co. Ltd., Huafeng Group, Dongsung Corporation, Sumei Chemical Co. Ltd., Suzhou New Mstar Technology Ltd., Tosoh Corporation, American Urethane Inc., Weaver Industries Inc., Uniflex Inc., Master Bond Polychem, Urethane Source LLC, Akay Plastik A.S., Alliance Polymers & Services, Alphagary Limited, Americhem Inc., Arkadia Plastics Inc.
Which Regions Will Dominate the Thermoplastic Polyurethane Market Through 2029?
Asia-Pacific was the largest region in the thermoplastic polyurethane market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thermoplastic polyurethane market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7637
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Thermoplastic Polyurethane Market Landscape 2025: Forecast Data and Growth Strategy Insights here
News-ID: 4083234 • Views: …
More Releases from The Business Research Company
Key Factor Supporting Global Helpdesk Automation Market Development in 2025: Imp …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Helpdesk Automation Industry Market Size Be by 2025?
The market size for helpdesk automation has experienced exponential growth recently. It's projected to increase from $6.14 billion in 2024 to $8.13 billion in 2025, with a compound annual growth rate (CAGR) of 32.4%. Factors contributing to this…
Growth Of The Graph Technology Market Driven By The Expansion Of Internet of Thi …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Graph Technology Market Through 2025?
The market size for graph technology has experienced substantial growth in the recent past. Its expansion is anticipated to rise from $5.26 billion in 2024 to $6.4 billion in 2025, with a compound annual growth rate (CAGR)…
2025-2034 Generative Design Software Market Outlook: Key Drivers, Emerging Chall …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Generative Design Software Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for generative design software has seen a swift expansion. This growth trajectory is projected to continue, rising from $2.25 billion in 2024 to $2.66 billion in 2025, representing…
Widespread Internet Access Fuels The Growth Of Generative AI In Movies Market Em …
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Generative AI In Movies Market Size Growth Forecast: What to Expect by 2025?
The market size for generative ai in movies has experienced significant expansion in the past few years. The growth is projected to increase from $0.32 billion in 2024 to $0.4 billion in 2025 with a compound…
More Releases for TPU
TPU (Thermoplastic Polyurethane) Main Industry Applications
TPU (Thermoplastic Polyurethane [https://www.ytlinghua.com/t3-series-tpu/]) is a versatile material with excellent elasticity, wear resistance, and chemical resistance. Here are its main applications :
1. Footwear Industry - Used in shoe soles, heels, and upper parts for high elasticity and durability. - Commonly seen in sports shoes, outdoor footwear, and casual shoes to enhance shock absorption and grip.
2. Automotive Sector [https://www.ytlinghua.com/polyester-type-tpu-h3-series-product/] - Manufactures seals, gaskets, and weather strips for their flexibility and resistance…
Addressing the Limitations of Traditional TPU and Innovations for EV Charging Ca …
TPU is a versatile material known for its hardness and elasticity, making it popular in various applications. However, traditional TPU faces challenges in meeting the specific performance demands of industries such as automotive, consumer goods, and medical devices. These challenges include inadequate surface quality, high hardness levels limiting flexibility, and a lack of desirable tactile properties, which can impact user experience and product longevity.
Solutions: Modified TPU Technology
The modification of TPU…
TPU, PU, PVC, PTFE Film Lamination Machine for Textile
LAMINATING MACHINE CONCEPT:
1. Applied for gluing and laminating of fabric, nonwoven, textile, waterproof, breathable films and etc.
2. Aided by PLC program control and man-machine touch interface, easy to operate.
3. Advanced edge alignment and scothing devices, this machine increases the degree of automation, saves labor costs, relieves labor intensity, and enhances production efficiency.
4. With PU glue or solvent based glue, the laminated products have good adhesive property and touch well. They…
Professional 3d printing manufacturer for TPU
What is TPU
TPU is a stands for Thermoplastic Polyurethane. It is a subset of TPE and is a soft polyether type polyurethane that comes in a range of hardness grades. At the same time, TPU also as the one of material be commonly used in injection industry. But today we want to show you another craft to process TPU, that is 3D Printing. Have you ever thought about 3D…
TPU Material for Car Air Mattress Market Size to Hit $2.94 Billion by 2028 | TPU …
Market Overview:
According to our experience research team, TPU Material for Car Air Mattress Market was valued at USD 1.82 Billion in 2021, and the global TPU Material for Car Air Mattress industry is projected to reach a value of USD 2.94 Billion by 2028, at a CAGR of 6.16% during the forecast period 2022-2028
Vantage Market Research is a collection of market research studies on several industries, such as Chemicals, semiconductors…
Global TPU Films Market, Global TPU Films Industry, Market Revenue, TPU Films Fo …
Thermoplastic polyurethane (TPU) film may be a flexible film with sturdy elongation and features that are comparable to maximum polyolefin films. They are sturdy, tough and elastic in nature. They are generally plasticizers free owing to that they don’t get hard over time. These films in addition have good flex presentation, tear strong point and abrasion resistance. They are extensively utilized within applications like building and construction, aerospace, railway, leisure…
