Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032
Overview
The Asia-Pacific Thermoplastic Polyurethane (TPU) Market is expected to reach a 3.99 USD Billion by 2032 and is projected to grow at a CAGR of 12.13% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.18
Forecast, 2032 (USD Billion)
3.99
CAGR, 2024 - 2032
12.13%
Report Coverage
Asia-Pacific
Asia-Pacific Thermoplastic Polyurethane (TPU) Market 2018-2032 USD Billion
Asia-Pacific Thermoplastic Polyurethane (TPU) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.18 USD Billion
- Projected Market Size (2032): 3.99 USD Billion
- CAGR (2025-2032): 12.13%
Key Findings of Asia-Pacific Thermoplastic Polyurethane (TPU) Market
- The Asia-Pacific Thermoplastic Polyurethane (TPU) Market was valued at 2.18 USD Billion in 2024.
- The Asia-Pacific Thermoplastic Polyurethane (TPU) Market is likely to grow at a CAGR of 12.13% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Polyester in Type Segment accounted for the largest share of the market with a revenue of 1.56 USD Billion
- The fastest growing segment Footwear in End-User Segment grew Fastest with a CAGR of 13.64% during the forecast period from 2024 to 2032.
Asia-Pacific Thermoplastic Polyurethane (TPU) Market Scope
Asia-Pacific Thermoplastic Polyurethane (TPU) Market Segmentation & Scope
End-User
- Others
- Heavy Engineering
- Textile
- Building and Construction
- Sports and Leisure
- Consumer Goods
- Medical
- Electronics
- Automotive
- Industrial Machinery
- Footwear
Type
- Polycaprolactone
- Polyether
- Polyester
Raw Material
- Others
- Diols
- Polyols
- Diisocyanate
Asia-Pacific Thermoplastic Polyurethane (TPU) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.18 USD Billion |
| Market Value in 2032 | 3.99 USD Billion |
| CAGR (2025-2032) | 12.13% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Type,Raw Material |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 2.18 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 937.00 USD Million in 2024.
Segments and Scope
-
Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032, By End-User
- Footwear is the largest segment in Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 529.40 USD Billion in the year 2024.
- Footwear is the Fastest growing segment in Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 13.64 % in forecast period 2025-2032.
-
Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032, By Type
- Polyester is the largest segment in Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 1.56 USD Billion in the year 2024.
- Polyester is the Fastest growing segment in Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 12.41 % in forecast period 2025-2032.
-
Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032, By Raw Material
- Diisocyanate is the largest segment in Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 1.54 USD Billion in the year 2024.
- Diisocyanate is the Fastest growing segment in Asia-Pacific Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 12.51 % in forecast period 2025-2032.
Asia-Pacific Thermoplastic Polyurethane (TPU) Market Company Share Analysis
Asia-Pacific Thermoplastic Polyurethane (TPU) Market Geographical Sales Distribution, 2018-2032 USD Billion
Asia-Pacific Thermoplastic Polyurethane (TPU) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Asia-Pacific Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Type,Raw Material.
Asia-Pacific Thermoplastic Polyurethane (TPU) Market was valued at USD 2.18(Revenue in USD Billion) in 2020.
Asia-Pacific Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 12.13% during the forecast period of 2024 to 2032.
The Polyester segment is expected to dominate the Asia-Pacific Thermoplastic Polyurethane (TPU) Market, holding a largest market share of 1.56 USD Billion in 2024
Asia-Pacific Thermoplastic Polyurethane (TPU) Market Scope
Asia-Pacific Thermoplastic Polyurethane (TPU) Market Segmentation & Scope
End-User
- Others
- Heavy Engineering
- Textile
- Building and Construction
- Sports and Leisure
- Consumer Goods
- Medical
- Electronics
- Automotive
- Industrial Machinery
- Footwear
Type
- Polycaprolactone
- Polyether
- Polyester
Raw Material
- Others
- Diols
- Polyols
- Diisocyanate
Frequently Asked Questions
The Asia-Pacific Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Type,Raw Material.
Asia-Pacific Thermoplastic Polyurethane (TPU) Market was valued at USD 2.18(Revenue in USD Billion) in 2020.
Asia-Pacific Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 12.13% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Thermoplastic Polyurethane (TPU) Market for final year is USD 3.99 (USD Billion).
Asia-Pacific Thermoplastic Polyurethane (TPU) Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Type,Raw Material.
Asia-Pacific Thermoplastic Polyurethane (TPU) Market was valued at USD 2.18(Revenue in USD Billion) in 2020.
Asia-Pacific Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 12.13% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Thermoplastic Polyurethane (TPU) Market for final year is USD 3.99 (USD Billion).
CHOOSE LICENCE TYPE
- 4200.00
- 3500.00
- 2000.00
- 5500.00
- 8500.00
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.