Global Thermoplastic Polyurethane (TPU) Market to 2032
Overview
The Global Thermoplastic Polyurethane (TPU) Market is expected to reach a 7.26 USD Billion by 2032 and is projected to grow at a CAGR of 11.44% from 2025 to 2032.
Revenue, 2024 (USD Billion)
4.09
Forecast, 2032 (USD Billion)
7.26
CAGR, 2024 - 2032
11.44%
Report Coverage
Global
Global Thermoplastic Polyurethane (TPU) Market 2018-2032 USD Billion
Global Thermoplastic Polyurethane (TPU) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 4.09 USD Billion
- Projected Market Size (2032): 7.26 USD Billion
- CAGR (2025-2032): 11.44%
Key Findings of Global Thermoplastic Polyurethane (TPU) Market
- The Global Thermoplastic Polyurethane (TPU) Market was valued at 4.09 USD Billion in 2024.
- The Global Thermoplastic Polyurethane (TPU) Market is likely to grow at a CAGR of 11.44% 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 2.94 USD Billion
- The fastest growing segment Footwear in End-User Segment grew Fastest with a CAGR of 12.85% during the forecast period from 2024 to 2032.
Global Thermoplastic Polyurethane (TPU) Market Scope
Global 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
Raw Material
- Others
- Diols
- Polyols
- Diisocyanate
Type
- Polycaprolactone
- Polyether
- Polyester
Global Thermoplastic Polyurethane (TPU) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 4.09 USD Billion |
| Market Value in 2032 | 7.26 USD Billion |
| CAGR (2025-2032) | 11.44% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Raw Material,Type |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 4.09 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 937.00 USD Million in 2024.
Segments and Scope
-
Global Thermoplastic Polyurethane (TPU) Market to 2032, By End-User
- Footwear is the largest segment in Global Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 993.23 USD Billion in the year 2024.
- Footwear is the Fastest growing segment in Global Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 12.85 % in forecast period 2025-2032.
-
Global Thermoplastic Polyurethane (TPU) Market to 2032, By Raw Material
- Diisocyanate is the largest segment in Global Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 2.89 USD Billion in the year 2024.
- Diisocyanate is the Fastest growing segment in Global Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 11.80 % in forecast period 2025-2032.
-
Global Thermoplastic Polyurethane (TPU) Market to 2032, By Type
- Polyester is the largest segment in Global Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 2.94 USD Billion in the year 2024.
- Polyester is the Fastest growing segment in Global Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 11.72 % in forecast period 2025-2032.
Global Thermoplastic Polyurethane (TPU) Market Company Share Analysis
Global Thermoplastic Polyurethane (TPU) Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Thermoplastic Polyurethane (TPU) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Raw Material,Type.
Global Thermoplastic Polyurethane (TPU) Market was valued at USD 4.09(Revenue in USD Billion) in 2020.
Global Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 11.44% during the forecast period of 2024 to 2032.
The Polyester segment is expected to dominate the Global Thermoplastic Polyurethane (TPU) Market, holding a largest market share of 2.94 USD Billion in 2024
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Global Thermoplastic Polyurethane (TPU) Market Scope
Global 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
Raw Material
- Others
- Diols
- Polyols
- Diisocyanate
Type
- Polycaprolactone
- Polyether
- Polyester
Frequently Asked Questions
The Global Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Raw Material,Type.
Global Thermoplastic Polyurethane (TPU) Market was valued at USD 4.09(Revenue in USD Billion) in 2020.
Global Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 11.44% during the forecast period of 2024 to 2032.
The estimated market value of the Global Thermoplastic Polyurethane (TPU) Market for final year is USD 7.26 (USD Billion).
Global Thermoplastic Polyurethane (TPU) Market Company Profiling
Frequently Asked Questions
The Global Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Raw Material,Type.
Global Thermoplastic Polyurethane (TPU) Market was valued at USD 4.09(Revenue in USD Billion) in 2020.
Global Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 11.44% during the forecast period of 2024 to 2032.
The estimated market value of the Global Thermoplastic Polyurethane (TPU) Market for final year is USD 7.26 (USD Billion).
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