- The North America thermoplastic polyurethane market is witnessing steady growth due to its rising usage in applications that demand high flexibility and abrasion resistance
- This material is increasingly preferred in industries such as automotive and electronics for products such as cable insulation and protective films due to its durable and versatile nature
- North America is expected to dominate the North America thermoplastic polyurethanes market with 83.65% shares, due to its advanced manufacturing base and diverse industrial applications
- Mexico is expected to be the fastest growing region in the North America thermoplastic polyurethane market during the forecast period due to its expanding role in automotive production and export
- The polyester segment is expected to dominate the North America thermoplastic polyurethane market with the largest share of 45.05% in 2025 due to its excellent mechanical strength, abrasion resistance, and cost-effectiveness, making it highly suitable for applications in footwear, industrial equipment, and automotive components
Frequently Asked Questions
The market is segmented based on Segmentation, By Raw Material (Diisocyanate, Polyols, Diols, and Others), Type (Polyester, Polyether, and Polycaprolactone), End-User (Footwear, Industrial Machinery, Automotive, Electronics, Medical, Consumer Goods, Sports and Leisure, Building and Construction, Textile, Heavy Engineering, and Others) - Industry Trends and Forecast to 2032
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The North America Thermoplastic Polyurethane Market size was valued at USD 753.88 USD Billion in 2024.
The North America Thermoplastic Polyurethane Market is projected to grow at a CAGR of 6.4% during the forecast period of 2025 to 2032.
The major players operating in the market include HEXPOL AB, AVERY DENNISON CORPORATION, Huntsman International LLC, Avient Corporation, Tosoh Corporation, AMERICAN POLYFILM , BASF SE, Coim Group, Covestro AG, KURARAY CO. , Mitsui Chemicals , Novotex Italiana S.p.A., Sanyo Corporation of America, SONGWON, The Lubrizol Corporation, Wanhua Chemical Group Co. ,.
The market report covers data from the North America.
