Industry: Chemical & Material
Published Date: 2025-02-24
Pages: 94 Pages
Report ld: 4207202
Request Sample
Customized Report
Thermoplastic Polyurethane (TPU) Market Size(US$)

CAGR 2025-2031
3.6%
Market Size,2031
USD 4,382
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Thermoplastic Polyurethane (TPU) was valued at US$ 3424 million in the year 2024 and is projected to reach a revised size of US$ 4382 million by 2031, growing at a CAGR of 3.6% during the forecast period.
Thermoplastic 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 Thermoplastic Polyurethanes (TPU) market covers Polyester-based TPU, Polyether-based TPU, etc. The typical players include Lubrizol, BASF, Covestro, Wanhua Chemical, etc.
Global core thermoplastic polyurethanes (TPU) manufacturers include Lubrizol, BASF, Covestro etc.The top 5 companies hold a share about 70%.Asia-Pacific is the largest market, with a share about 58%, followed by Europe and North America with the share abo
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Thermoplastic Polyurethane (TPU), 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 Thermoplastic Polyurethane (TPU).
The Thermoplastic Polyurethane (TPU) market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Thermoplastic Polyurethane (TPU) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Thermoplastic Polyurethane (TPU) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Thermoplastic Polyurethane (TPU) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Thermoplastic Polyurethane (TPU) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Thermoplastic Polyurethane (TPU) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Thermoplastic Polyurethane (TPU) Market Overview
1.1 Product Definition
1.2 Thermoplastic Polyurethane (TPU) by Type
1.2.1 Global Thermoplastic Polyurethane (TPU) Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Aromatic TPU
1.2.3 Aliphatic TPU
1.3 Thermoplastic Polyurethane (TPU) by Application
1.3.1 Global Thermoplastic Polyurethane (TPU) Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 TPU Pipe
1.3.3 TPU Film
1.3.4 Shoes
1.4 Global Market Growth Prospects
1.4.1 Global Thermoplastic Polyurethane (TPU) Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Thermoplastic Polyurethane (TPU) Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Thermoplastic Polyurethane (TPU) Production Estimates and Forecasts (2020-2031)
1.4.4 Global Thermoplastic Polyurethane (TPU) Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Thermoplastic Polyurethane (TPU) Production Market Share by Manufacturers (2020-2025)
2.2 Global Thermoplastic Polyurethane (TPU) Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Thermoplastic Polyurethane (TPU), Industry Ranking, 2023 VS 2024
2.4 Global Thermoplastic Polyurethane (TPU) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Thermoplastic Polyurethane (TPU) Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Thermoplastic Polyurethane (TPU), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Thermoplastic Polyurethane (TPU), Product Offered and Application
2.8 Global Key Manufacturers of Thermoplastic Polyurethane (TPU), Date of Enter into This Industry
2.9 Thermoplastic Polyurethane (TPU) Market Competitive Situation and Trends
2.9.1 Thermoplastic Polyurethane (TPU) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Thermoplastic Polyurethane (TPU) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Thermoplastic Polyurethane (TPU) Production by Region
3.1 Global Thermoplastic Polyurethane (TPU) Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Thermoplastic Polyurethane (TPU) Production Value by Region (2020-2031)
3.2.1 Global Thermoplastic Polyurethane (TPU) Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Thermoplastic Polyurethane (TPU) by Region (2026-2031)
3.3 Global Thermoplastic Polyurethane (TPU) Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Thermoplastic Polyurethane (TPU) Production Volume by Region (2020-2031)
3.4.1 Global Thermoplastic Polyurethane (TPU) Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Thermoplastic Polyurethane (TPU) by Region (2026-2031)
3.5 Global Thermoplastic Polyurethane (TPU) Market Price Analysis by Region (2020-2025)
3.6 Global Thermoplastic Polyurethane (TPU) Production and Value, Year-over-Year Growth
3.6.1 North America Thermoplastic Polyurethane (TPU) Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Thermoplastic Polyurethane (TPU) Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Thermoplastic Polyurethane (TPU) Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Thermoplastic Polyurethane (TPU) Production Value Estimates and Forecasts (2020-2031)
4 Thermoplastic Polyurethane (TPU) Consumption by Region
4.1 Global Thermoplastic Polyurethane (TPU) Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Thermoplastic Polyurethane (TPU) Consumption by Region (2020-2031)
4.2.1 Global Thermoplastic Polyurethane (TPU) Consumption by Region (2020-2025)
4.2.2 Global Thermoplastic Polyurethane (TPU) Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Thermoplastic Polyurethane (TPU) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Thermoplastic Polyurethane (TPU) Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Thermoplastic Polyurethane (TPU) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Thermoplastic Polyurethane (TPU) Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Thermoplastic Polyurethane (TPU) Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Thermoplastic Polyurethane (TPU) Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Thermoplastic Polyurethane (TPU) Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Thermoplastic Polyurethane (TPU) Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Thermoplastic Polyurethane (TPU) Production by Type (2020-2031)
5.1.1 Global Thermoplastic Polyurethane (TPU) Production by Type (2020-2025)
5.1.2 Global Thermoplastic Polyurethane (TPU) Production by Type (2026-2031)
5.1.3 Global Thermoplastic Polyurethane (TPU) Production Market Share by Type (2020-2031)
5.2 Global Thermoplastic Polyurethane (TPU) Production Value by Type (2020-2031)
5.2.1 Global Thermoplastic Polyurethane (TPU) Production Value by Type (2020-2025)
5.2.2 Global Thermoplastic Polyurethane (TPU) Production Value by Type (2026-2031)
5.2.3 Global Thermoplastic Polyurethane (TPU) Production Value Market Share by Type (2020-2031)
5.3 Global Thermoplastic Polyurethane (TPU) Price by Type (2020-2031)
6 Segment by Application
6.1 Global Thermoplastic Polyurethane (TPU) Production by Application (2020-2031)
6.1.1 Global Thermoplastic Polyurethane (TPU) Production by Application (2020-2025)
6.1.2 Global Thermoplastic Polyurethane (TPU) Production by Application (2026-2031)
6.1.3 Global Thermoplastic Polyurethane (TPU) Production Market Share by Application (2020-2031)
6.2 Global Thermoplastic Polyurethane (TPU) Production Value by Application (2020-2031)
6.2.1 Global Thermoplastic Polyurethane (TPU) Production Value by Application (2020-2025)
6.2.2 Global Thermoplastic Polyurethane (TPU) Production Value by Application (2026-2031)
6.2.3 Global Thermoplastic Polyurethane (TPU) Production Value Market Share by Application (2020-2031)
6.3 Global Thermoplastic Polyurethane (TPU) Price by Application (2020-2031)
7 Key Companies Profiled
7.1 BASF
7.1.1 BASF Thermoplastic Polyurethane (TPU) Company Information
7.1.2 BASF Thermoplastic Polyurethane (TPU) Product Portfolio
7.1.3 BASF Thermoplastic Polyurethane (TPU) Production, Value, Price and Gross Margin (2020-2025)
7.1.4 BASF Main Business and Markets Served
7.1.5 BASF Recent Developments/Updates
7.2 Huntsman
7.2.1 Huntsman Thermoplastic Polyurethane (TPU) Company Information
7.2.2 Huntsman Thermoplastic Polyurethane (TPU) Product Portfolio
7.2.3 Huntsman Thermoplastic Polyurethane (TPU) Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Huntsman Main Business and Markets Served
7.2.5 Huntsman Recent Developments/Updates
7.3 Lubrizol
7.3.1 Lubrizol Thermoplastic Polyurethane (TPU) Company Information
7.3.2 Lubrizol Thermoplastic Polyurethane (TPU) Product Portfolio
7.3.3 Lubrizol Thermoplastic Polyurethane (TPU) Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Lubrizol Main Business and Markets Served
7.3.5 Lubrizol Recent Developments/Updates
7.4 Wanhua
7.4.1 Wanhua Thermoplastic Polyurethane (TPU) Company Information
7.4.2 Wanhua Thermoplastic Polyurethane (TPU) Product Portfolio
7.4.3 Wanhua Thermoplastic Polyurethane (TPU) Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Wanhua Main Business and Markets Served
7.4.5 Wanhua Recent Developments/Updates
7.5 Covestro
7.5.1 Covestro Thermoplastic Polyurethane (TPU) Company Information
7.5.2 Covestro Thermoplastic Polyurethane (TPU) Product Portfolio
7.5.3 Covestro Thermoplastic Polyurethane (TPU) Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Covestro Main Business and Markets Served
7.5.5 Covestro Recent Developments/Updates
7.6 Huafeng
7.6.1 Huafeng Thermoplastic Polyurethane (TPU) Company Information
7.6.2 Huafeng Thermoplastic Polyurethane (TPU) Product Portfolio
7.6.3 Huafeng Thermoplastic Polyurethane (TPU) Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Huafeng Main Business and Markets Served
7.6.5 Huafeng Recent Developments/Updates
7.7 Bangtai Polymeric New-materials
7.7.1 Bangtai Polymeric New-materials Thermoplastic Polyurethane (TPU) Company Information
7.7.2 Bangtai Polymeric New-materials Thermoplastic Polyurethane (TPU) Product Portfolio
7.7.3 Bangtai Polymeric New-materials Thermoplastic Polyurethane (TPU) Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Bangtai Polymeric New-materials Main Business and Markets Served
7.7.5 Bangtai Polymeric New-materials Recent Developments/Updates
7.8 Sumei Chemical
7.8.1 Sumei Chemical Thermoplastic Polyurethane (TPU) Company Information
7.8.2 Sumei Chemical Thermoplastic Polyurethane (TPU) Product Portfolio
7.8.3 Sumei Chemical Thermoplastic Polyurethane (TPU) Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Sumei Chemical Main Business and Markets Served
7.8.5 Sumei Chemical Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Thermoplastic Polyurethane (TPU) Industry Chain Analysis
8.2 Thermoplastic Polyurethane (TPU) Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Thermoplastic Polyurethane (TPU) Production Mode & Process Analysis
8.4 Thermoplastic Polyurethane (TPU) Sales and Marketing
8.4.1 Thermoplastic Polyurethane (TPU) Sales Channels
8.4.2 Thermoplastic Polyurethane (TPU) Distributors
8.5 Thermoplastic Polyurethane (TPU) Customer Analysis
9 Thermoplastic Polyurethane (TPU) Market Dynamics
9.1 Thermoplastic Polyurethane (TPU) Industry Trends
9.2 Thermoplastic Polyurethane (TPU) Market Drivers
9.3 Thermoplastic Polyurethane (TPU) Market Challenges
9.4 Thermoplastic Polyurethane (TPU) Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
Related Reports
The global Thermoplastic Polyurethane (TPU) market is projected to grow from US$ 3536 million in 2025 to US$ 5480 million by 2032, at a CAGR of 7.0% (2026-2032), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2026-06-14
Pages: 192
USD 4900.00
(Single User License)
The global market for Thermoplastic Polyurethane (TPU) was estimated to be worth US$ 3536 million in 2025 and is projected to reach US$ 5480 million, growing at a CAGR of 7.0% from 2026 to 2032.
Published Date: 2026-06-14
Pages: 160
USD 3950.00
(Single User License)
The global Thermoplastic Polyurethane (TPU) market size was US$ 3536 million in 2025 and is forecast to reach a readjusted size of US$ 5480 million by 2032 with a CAGR of 7.0% during the forecast period 2026-2032.
Published Date: 2026-06-14
Pages: 160
USD 4250.00
(Single User License)
The global Thermoplastic Polyurethane (TPU) market was valued at US$ 3536 million in 2025 and is anticipated to reach US$ 5480 million by 2032, at a CAGR of 7.0% from 2026 to 2032.
Published Date: 2026-06-14
Pages: 163
USD 2900.00
(Single User License)
The global Thermoplastic Polyurethane (TPU) market is projected to grow from US$ 3424 million in 2024 to US$ 4382 million by 2031, at a CAGR of 3.6% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published Date: 2025-10-26
Pages: 138
USD 4900.00
(Single User License)
The global Thermoplastic Polyurethane (TPU) market size was US$ 3424 million in 2024 and is forecast to a readjusted size of US$ 4382 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
Published Date: 2025-02-24
Pages: 79
USD 4250.00
(Single User License)
The global market for Thermoplastic Polyurethane (TPU) was estimated to be worth US$ 3424 million in 2024 and is forecast to a readjusted size of US$ 4382 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
Published Date: 2025-02-24
Pages: 92
USD 3950.00
(Single User License)
Thermoplastic 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.
Published Date: 2024-01-31
Pages: 91
USD 2900.00
(Single User License)
Thermoplastic 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.
Published Date: 2024-01-16
Pages: 101
USD 3950.00
(Single User License)
The global Thermoplastic Polyurethane (TPU) market is projected to grow from US$ 3536 million in 2025 to US$ 5480 million by 2032, at a CAGR of 7.0% (2026-2032), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2026-06-14
Pages: 192
The global market for Thermoplastic Polyurethane (TPU) was estimated to be worth US$ 3536 million in 2025 and is projected to reach US$ 5480 million, growing at a CAGR of 7.0% from 2026 to 2032.
Published: 2026-06-14
Pages: 160
The global Thermoplastic Polyurethane (TPU) market size was US$ 3536 million in 2025 and is forecast to reach a readjusted size of US$ 5480 million by 2032 with a CAGR of 7.0% during the forecast period 2026-2032.
Published: 2026-06-14
Pages: 160
The global Thermoplastic Polyurethane (TPU) market was valued at US$ 3536 million in 2025 and is anticipated to reach US$ 5480 million by 2032, at a CAGR of 7.0% from 2026 to 2032.
Published: 2026-06-14
Pages: 163
The global Thermoplastic Polyurethane (TPU) market is projected to grow from US$ 3424 million in 2024 to US$ 4382 million by 2031, at a CAGR of 3.6% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
Published: 2025-10-26
Pages: 138
The global Thermoplastic Polyurethane (TPU) market size was US$ 3424 million in 2024 and is forecast to a readjusted size of US$ 4382 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
Published: 2025-02-24
Pages: 79
The global market for Thermoplastic Polyurethane (TPU) was estimated to be worth US$ 3424 million in 2024 and is forecast to a readjusted size of US$ 4382 million by 2031 with a CAGR of 3.6% during the forecast period 2025-2031.
Published: 2025-02-24
Pages: 92
Thermoplastic 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.
Published: 2024-01-31
Pages: 91
Thermoplastic 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.
Published: 2024-01-16
Pages: 101
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
INTEREST IN THIS REPORT?
Get A Free Sample
Request For Quotation
OR
NEED A CUSTOMIZED REPORT?
Customized Report
Request Sample
Pre-Order Enquiry
Add to Cart
Buy Now