An all-inclusive Thermoplastic Polyurethane market report is prepared using data sourced from in-house databases, secondary and primary research performed by a team of industry experts. This report employs the SWOT analysis technique for the assessment of the development of the most remarkable market players. An excellent market report can be explored in terms of breakdown of data by manufacturers, region, type and application, market status, market share, growth rate, future trends, market drivers, opportunities and challenges, emerging trends, risks and entry barriers, sales channels, and distributors. The market is also well analyzed on the basis of numerous regions in the supreme Thermoplastic Polyurethane report.


Global Thermoplastic Polyurethane market research report has complete overview of the market, covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. Moreover, in the market report, the key product categories are also included. The report includes historic data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the related industry. The comprehensive Thermoplastic Polyurethane market report also demonstrates supportive data related to the dominant players in the market such as product offerings, revenue, segmentation, and business synopsis.

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Global Thermoplastic Polyurethane Market was valued at USD 2.89 billion in 2021 and is expected to reach USD 5.15 billion by 2029, registering a CAGR of 7.50% during the forecast period of 2022-2029. Footwear accounts for the largest end-user segments in the respective market owing to the demand for convenient and comfortable footwear. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Market Definition

Thermoplastic polyurethane is extensively used across construction, automotive, aerospace and medical industry for numerous applications due to its properties such as transparency, elasticity, and resistance to oil, grease, and abrasion. Moreover, thermoplastic polyurethane is environment-friendly, biodegradable and fully recyclable, that makes it a suitable alternative to PVC and various other polymers.

Global Thermoplastic Polyurethane Market Scope

The thermoplastic polyurethane market is segmented on the basis of raw material, type and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Raw Material

·         Diisocyanate

·         Polyols

·         Diols

·         Others

Type

·         Polyester

·         Polyether

·         Polycaprolactone

End-User

·         Footwear

·         Industrial Machinery

·         Automotive

·         Electronics

·         Medical

·         Consumer Goods

·         Sports and Leisure

·         Building and Construction

·         Textile

·         Heavy Engineering

·         Others

Competitive Landscape and Thermoplastic Polyurethane Market Share Analysis

The thermoplastic polyurethane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to thermoplastic polyurethane market.

Some of the major players operating in the thermoplastic polyurethane market are

·         KURARAY CO., LTD. (Japan)

·         BASF SE (Germany)

·         The Lubrizol Corporation (US)

·         Covestro AG (Germany)

·         Taiwan PU Corporation (Taiwan)

·         Novotex Italiana S.p.A. (Italy)

·         AMERICAN POLYFILM, INC. (US)

·         Coim Group (Italy)

·         Mitsui Chemicals, Inc. (Japan)

·         Sanyo Corporation of America ( US)

·         Huntsman International LLC (US)

·         Wanhua Chemical Group Co.,Ltd. (China)

·         Avient Corporation (US)

·         HEXPOL AB (Sweden)

·         SONGWON (South Korea)

·         AVERY DENNISON CORPORATION (US)

·         Tosoh Corporation (Japan)

·         Kolon Industries, Inc (South Korea)

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Thermoplastic Polyurethane Market Regional Analysis/Insights

The thermoplastic polyurethane market is analyzed and market size insights and trends are provided by country, raw material, type and end-user as referenced above.

The countries covered in the thermoplastic polyurethane market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific (APAC) dominates the thermoplastic polyurethane market because of the rising government policies favoring different industries coupled with the expansion of the medical, automotive, and construction sectors in this region.

North America are expected to witness a steady rate during the forecast period of 2022 to 2029 due to the rising presence of medium- and large-scale aerospace and component manufacturers and increasing agriculture production in this region.

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