Industry: Chemical & Material
Published Date: 2026-02-02
Pages: 129 Pages
Report ld: 5880328
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Thermoplastic Polyurethane Elastomer Foam Granules Market Size(US$)

CAGR 2026-2032
5.4%
Market Size,2032
USD 1,350
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Thermoplastic Polyurethane Elastomer Foam Granules was estimated to be worth US$ 939 million in 2025 and is projected to reach US$ 1350 million, growing at a CAGR of 5.4% from 2026 to 2032.
The potential shifts in the 2025 U.S. tariff framework pose substantial volatility risks to global markets. This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Thermoplastic Polyurethane Elastomer Foam Granules cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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 North American market for Thermoplastic Polyurethane Elastomer Foam Granules was valued at US$ million in 2025 and is projected to reach US$ million by 2032, at a CAGR of % from 2026 to 2032.
The Asia-Pacific market for Thermoplastic Polyurethane Elastomer Foam Granules was valued at $ million in 2025 and is projected to climb to US$ million by 2032, at a CAGR of % from 2026 to 2032.
The European market for Thermoplastic Polyurethane Elastomer Foam Granules was valued at $ million in 2025 and is projected to total US$ million by 2032, at a CAGR of % from 2026 to 2032.
The global key companies in the Thermoplastic Polyurethane Elastomer Foam Granules market include 3M, BASF, Takeda Sangyo, DSM, Okura Industrial, Covestro, Plastic Film Corporation, American Polyfilm, Nisshinbo, Permali, etc. In 2025, the five largest players accounted for approximately % of revenue.
This report provides a comprehensive view of the global market for Thermoplastic Polyurethane Elastomer Foam Granules, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The Thermoplastic Polyurethane Elastomer Foam Granules market size, estimations, and forecasts are presented in terms of sales volume (Tons) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding Thermoplastic Polyurethane Elastomer Foam Granules.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the Thermoplastic Polyurethane Elastomer Foam Granules manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents Thermoplastic Polyurethane Elastomer Foam Granules sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents Thermoplastic Polyurethane Elastomer Foam Granules sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
Chapter 9: Conclusion.
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.
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TABLE OF CONTENTS
1 Market Overview
1.1 Thermoplastic Polyurethane Elastomer Foam Granules Product Introduction
1.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Market Size Forecast
1.2.1 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value (2021–2032)
1.2.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume (2021–2032)
1.2.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Price (2021–2032)
1.3 Thermoplastic Polyurethane Elastomer Foam Granules Market Trends & Drivers
1.3.1 Thermoplastic Polyurethane Elastomer Foam Granules Industry Trends
1.3.2 Thermoplastic Polyurethane Elastomer Foam Granules Market Drivers & Opportunities
1.3.3 Thermoplastic Polyurethane Elastomer Foam Granules Market Challenges
1.3.4 Thermoplastic Polyurethane Elastomer Foam Granules Market Restraints
1.3.5 Impact of U.S. Tariffs
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Thermoplastic Polyurethane Elastomer Foam Granules Players Revenue Ranking (2025)
2.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Revenue by Company (2021–2026)
2.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume Ranking of Players (2025)
2.4 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Company (2021–2026)
2.5 Global Thermoplastic Polyurethane Elastomer Foam Granules Average Price by Company (2021–2026)
2.6 Key Manufacturers Thermoplastic Polyurethane Elastomer Foam Granules Manufacturing Base and Headquarters
2.7 Key Manufacturers Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
2.8 Key Manufacturers Start of Mass Production of Thermoplastic Polyurethane Elastomer Foam Granules
2.9 Thermoplastic Polyurethane Elastomer Foam Granules Market Competitive Analysis
2.9.1 Thermoplastic Polyurethane Elastomer Foam Granules Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by Thermoplastic Polyurethane Elastomer Foam Granules Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on Thermoplastic Polyurethane Elastomer Foam Granules revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation Thermoplastic Polyurethane Elastomer Foam Granules Market Classification
3.1 Introduction by Type
3.1.1 Polyester Type
3.1.2 Polyether Type
3.1.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Type
3.1.3.1 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, by Type (2021–2032)
3.1.3.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, by Type (%), 2021–2032
3.1.4 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Type
3.1.4.1 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume, by Type (2021–2032)
3.1.4.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume, by Type (%), 2021–2032
3.1.5 Global Thermoplastic Polyurethane Elastomer Foam Granules Average Price by Type (2021–2032)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Consumer Electronics
4.1.2 Automotive
4.1.3 Consumer Goods
4.1.4 Others
4.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Application
4.2.1 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, by Application (2021–2032)
4.2.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, by Application (%), 2021–2032
4.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Application
4.3.1 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume, by Application (2021–2032)
4.3.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume, by Application (%), 2021–2032
4.4 Global Thermoplastic Polyurethane Elastomer Foam Granules Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Region
5.1.1 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Region (2021–2026)
5.1.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Region (2027–2032)
5.1.4 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Region (%), 2021–2032
5.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Region
5.2.1 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Region (2021–2026)
5.2.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Region (2027–2032)
5.2.4 Global Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume by Region (%), 2021–2032
5.3 Global Thermoplastic Polyurethane Elastomer Foam Granules Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
5.4.2 North America Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
5.5.2 Europe Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
5.6.2 Asia Pacific Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
5.7.2 South America Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
5.8.2 Middle East & Africa Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Thermoplastic Polyurethane Elastomer Foam Granules Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions Thermoplastic Polyurethane Elastomer Foam Granules Sales Value and Sales Volume
6.2.1 Key Countries/Regions Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
6.2.2 Key Countries/Regions Thermoplastic Polyurethane Elastomer Foam Granules Sales Volume, 2021–2032
6.3 United States
6.3.1 United States Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
6.3.2 United States Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Type (%), 2025 vs 2032
6.3.3 United States Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
6.4.2 Europe Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
6.5.2 China Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Type (%), 2025 vs 2032
6.5.3 China Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
6.6.2 Japan Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
6.7.2 South Korea Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
6.8.2 Southeast Asia Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India Thermoplastic Polyurethane Elastomer Foam Granules Sales Value, 2021–2032
6.9.2 India Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Type (%), 2025 vs 2032
6.9.3 India Thermoplastic Polyurethane Elastomer Foam Granules Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 3M
7.1.1 3M Company Information
7.1.2 3M Introduction and Business Overview
7.1.3 3M Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.1.4 3M Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.1.5 3M Recent Developments
7.2 BASF
7.2.1 BASF Company Information
7.2.2 BASF Introduction and Business Overview
7.2.3 BASF Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.2.4 BASF Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.2.5 BASF Recent Developments
7.3 Takeda Sangyo
7.3.1 Takeda Sangyo Company Information
7.3.2 Takeda Sangyo Introduction and Business Overview
7.3.3 Takeda Sangyo Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.3.4 Takeda Sangyo Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.3.5 Takeda Sangyo Recent Developments
7.4 DSM
7.4.1 DSM Company Information
7.4.2 DSM Introduction and Business Overview
7.4.3 DSM Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.4.4 DSM Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.4.5 DSM Recent Developments
7.5 Okura Industrial
7.5.1 Okura Industrial Company Information
7.5.2 Okura Industrial Introduction and Business Overview
7.5.3 Okura Industrial Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.5.4 Okura Industrial Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.5.5 Okura Industrial Recent Developments
7.6 Covestro
7.6.1 Covestro Company Information
7.6.2 Covestro Introduction and Business Overview
7.6.3 Covestro Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.6.4 Covestro Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.6.5 Covestro Recent Developments
7.7 Plastic Film Corporation
7.7.1 Plastic Film Corporation Company Information
7.7.2 Plastic Film Corporation Introduction and Business Overview
7.7.3 Plastic Film Corporation Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.7.4 Plastic Film Corporation Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.7.5 Plastic Film Corporation Recent Developments
7.8 American Polyfilm
7.8.1 American Polyfilm Company Information
7.8.2 American Polyfilm Introduction and Business Overview
7.8.3 American Polyfilm Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.8.4 American Polyfilm Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.8.5 American Polyfilm Recent Developments
7.9 Nisshinbo
7.9.1 Nisshinbo Company Information
7.9.2 Nisshinbo Introduction and Business Overview
7.9.3 Nisshinbo Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.9.4 Nisshinbo Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.9.5 Nisshinbo Recent Developments
7.10 Permali
7.10.1 Permali Company Information
7.10.2 Permali Introduction and Business Overview
7.10.3 Permali Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.10.4 Permali Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.10.5 Permali Recent Developments
7.11 Nihon Matai Group
7.11.1 Nihon Matai Group Company Information
7.11.2 Nihon Matai Group Introduction and Business Overview
7.11.3 Nihon Matai Group Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.11.4 Nihon Matai Group Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.11.5 Nihon Matai Group Recent Developments
7.12 Sanyo
7.12.1 Sanyo Company Information
7.12.2 Sanyo Introduction and Business Overview
7.12.3 Sanyo Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.12.4 Sanyo Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.12.5 Sanyo Recent Developments
7.13 Schweitzer-Mauduit International
7.13.1 Schweitzer-Mauduit International Company Information
7.13.2 Schweitzer-Mauduit International Introduction and Business Overview
7.13.3 Schweitzer-Mauduit International Thermoplastic Polyurethane Elastomer Foam Granules Sales, Revenue, Price and Gross Margin (2021–2026)
7.13.4 Schweitzer-Mauduit International Thermoplastic Polyurethane Elastomer Foam Granules Product Offerings
7.13.5 Schweitzer-Mauduit International Recent Developments
8 Industry Chain Analysis
8.1 Thermoplastic Polyurethane Elastomer Foam Granules Industrial Chain
8.2 Thermoplastic Polyurethane Elastomer Foam Granules Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 Thermoplastic Polyurethane Elastomer Foam Granules Sales Model
8.5.2 Sales Channels
8.5.3 Thermoplastic Polyurethane Elastomer Foam Granules 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
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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