India Thermoplastic Polyurethane (TPU) Market to 2032
Overview
The India Thermoplastic Polyurethane (TPU) Market is expected to reach a 560.61 USD Million by 2032 and is projected to grow at a CAGR of 12.83% from 2025 to 2032.
Revenue, 2024 (USD Million)
296.19
Forecast, 2032 (USD Million)
560.61
CAGR, 2024 - 2032
12.83%
Report Coverage
India
India Thermoplastic Polyurethane (TPU) Market 2018-2032 USD Million
India Thermoplastic Polyurethane (TPU) Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 296.19 USD Million
- Projected Market Size (2032): 560.61 USD Million
- CAGR (2025-2032): 12.83%
Key Findings of India Thermoplastic Polyurethane (TPU) Market
- The India Thermoplastic Polyurethane (TPU) Market was valued at 296.19 USD Million in 2024.
- The India Thermoplastic Polyurethane (TPU) Market is likely to grow at a CAGR of 12.83% 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 213.13 USD Million
- The fastest growing segment Footwear in End-User Segment grew Fastest with a CAGR of 14.05% during the forecast period from 2024 to 2032.
India Thermoplastic Polyurethane (TPU) Market Scope
India 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
India Thermoplastic Polyurethane (TPU) Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 296.19 USD Million |
| Market Value in 2032 | 560.61 USD Million |
| CAGR (2025-2032) | 12.83% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-User,Raw Material,Type |
Regional Insights:
-
Leading Market (2024-2032): India, leading in terms of revenue 296.19 USD Million in 2024
- Key Country: India, leading in terms of revenue with value of 296.19 USD Million in 2024.
Segments and Scope
-
India Thermoplastic Polyurethane (TPU) Market to 2032, By End-User
- Footwear is the largest segment in India Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 71.01 USD Million in the year 2024.
- Footwear is the Fastest growing segment in India Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 14.05 % in forecast period 2025-2032.
-
India Thermoplastic Polyurethane (TPU) Market to 2032, By Raw Material
- Diisocyanate is the largest segment in India Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 208.50 USD Million in the year 2024.
- Diisocyanate is the Fastest growing segment in India Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 13.22 % in forecast period 2025-2032.
-
India Thermoplastic Polyurethane (TPU) Market to 2032, By Type
- Polyester is the largest segment in India Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 213.13 USD Million in the year 2024.
- Polyester is the Fastest growing segment in India Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 13.13 % in forecast period 2025-2032.
India Thermoplastic Polyurethane (TPU) Market Company Share Analysis
India Thermoplastic Polyurethane (TPU) Market Geographical Sales Distribution, 2018-2032 USD Million
India Thermoplastic Polyurethane (TPU) Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The India Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Raw Material,Type.
India Thermoplastic Polyurethane (TPU) Market was valued at USD 296.19(Revenue in USD Million) in 2020.
India Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 12.83% during the forecast period of 2024 to 2032.
The Polyester segment is expected to dominate the India Thermoplastic Polyurethane (TPU) Market, holding a largest market share of 213.13 USD Million in 2024
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India Thermoplastic Polyurethane (TPU) Market Scope
India 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 India Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Raw Material,Type.
India Thermoplastic Polyurethane (TPU) Market was valued at USD 296.19(Revenue in USD Million) in 2020.
India Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 12.83% during the forecast period of 2024 to 2032.
The estimated market value of the India Thermoplastic Polyurethane (TPU) Market for final year is USD 560.61 (USD Million).
India Thermoplastic Polyurethane (TPU) Market Company Profiling
Frequently Asked Questions
The India Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Raw Material,Type.
India Thermoplastic Polyurethane (TPU) Market was valued at USD 296.19(Revenue in USD Million) in 2020.
India Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 12.83% during the forecast period of 2024 to 2032.
The estimated market value of the India Thermoplastic Polyurethane (TPU) Market for final year is USD 560.61 (USD Million).
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