Malaysia Thermoplastic Polyurethane (TPU) Market to 2032

Overview

The Malaysia Thermoplastic Polyurethane (TPU) Market is expected to reach a 72.38 USD Million by 2032 and is projected to grow at a CAGR of 9.67% from 2025 to 2032.

Revenue, 2024 (USD Million)
44.20
Forecast, 2032 (USD Million)
72.38
CAGR, 2024 - 2032
9.67%
Report Coverage
Malaysia

Malaysia Thermoplastic Polyurethane (TPU) Market 2018-2032 USD Million

Malaysia Thermoplastic Polyurethane (TPU) Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 44.20 USD Million
  • Projected Market Size (2032): 72.38 USD Million
  • CAGR (2025-2032): 9.67%

Key Findings of Malaysia Thermoplastic Polyurethane (TPU) Market

  • The Malaysia Thermoplastic Polyurethane (TPU) Market was valued at 44.20 USD Million in 2024.
  • The Malaysia Thermoplastic Polyurethane (TPU) Market is likely to grow at a CAGR of 9.67% 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 31.75 USD Million
  • The fastest growing segment Footwear in End-User Segment grew Fastest with a CAGR of 11.51% during the forecast period from 2024 to 2032.

Malaysia Thermoplastic Polyurethane (TPU) Market Scope

Malaysia 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

Malaysia Thermoplastic Polyurethane (TPU) Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Million
Market Value in 2024 44.20 USD Million
Market Value in 2032 72.38 USD Million
CAGR (2025-2032) 9.67%
Historic Data 2016-2023
Market Segments Covered End-User,Type,Raw Material

Regional Insights:

  • Leading Market (2024-2032): Malaysia, leading in terms of revenue 44.20 USD Million in 2024
    • Key Country: Malaysia, leading in terms of revenue with value of 44.20 USD Million in 2024.

Segments and Scope

  • Malaysia Thermoplastic Polyurethane (TPU) Market to 2032, By End-User
    • Footwear is the largest segment in Malaysia Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 10.72 USD Million in the year 2024.
    • Footwear is the Fastest growing segment in Malaysia Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 11.51 % in forecast period 2025-2032.
  • Malaysia Thermoplastic Polyurethane (TPU) Market to 2032, By Type
    • Polyester is the largest segment in Malaysia Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 31.75 USD Million in the year 2024.
    • Polyester is the Fastest growing segment in Malaysia Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 9.95 % in forecast period 2025-2032.
  • Malaysia Thermoplastic Polyurethane (TPU) Market to 2032, By Raw Material
    • Diisocyanate is the largest segment in Malaysia Thermoplastic Polyurethane (TPU) Market to 2032 with a revenue of 31.19 USD Million in the year 2024.
    • Diisocyanate is the Fastest growing segment in Malaysia Thermoplastic Polyurethane (TPU) Market to 2032 with a Growth rate of 10.07 % in forecast period 2025-2032.

Malaysia Thermoplastic Polyurethane (TPU) Market Company Share Analysis

 
Malaysia Thermoplastic Polyurethane (TPU) Market Company Share Analysis
Malaysia Thermoplastic Polyurethane (TPU) Market Company Share Analysis

Malaysia Thermoplastic Polyurethane (TPU) Market Geographical Sales Distribution, 2018-2032 USD Million

Malaysia Thermoplastic Polyurethane (TPU) Market Geographical Sales Distribution, 2018-2032 USD Million

Malaysia Thermoplastic Polyurethane (TPU) Market Company Profiling

Malaysia Thermoplastic Polyurethane (TPU) Market Company Profiling
Frequently Asked Questions
The Malaysia Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Type,Raw Material.
Malaysia Thermoplastic Polyurethane (TPU) Market was valued at USD 44.20(Revenue in USD Million) in 2020.
Malaysia Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 9.67% during the forecast period of 2024 to 2032.
The Polyester segment is expected to dominate the Malaysia Thermoplastic Polyurethane (TPU) Market, holding a largest market share of 31.75 USD Million in 2024

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Malaysia Thermoplastic Polyurethane (TPU) Market Scope

Malaysia 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 Malaysia Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Type,Raw Material.
Malaysia Thermoplastic Polyurethane (TPU) Market was valued at USD 44.20(Revenue in USD Million) in 2020.
Malaysia Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 9.67% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Thermoplastic Polyurethane (TPU) Market for final year is USD 72.38 (USD Million).

Malaysia Thermoplastic Polyurethane (TPU) Market Company Profiling

Malaysia Thermoplastic Polyurethane (TPU) Market Company Profiling
Frequently Asked Questions
The Malaysia Thermoplastic Polyurethane (TPU) Market is segmented based on Segmentation End-User,Type,Raw Material.
Malaysia Thermoplastic Polyurethane (TPU) Market was valued at USD 44.20(Revenue in USD Million) in 2020.
Malaysia Thermoplastic Polyurethane (TPU) Market is projected to grow at a CAGR of 9.67% during the forecast period of 2024 to 2032.
The estimated market value of the Malaysia Thermoplastic Polyurethane (TPU) Market for final year is USD 72.38 (USD Million).

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