Thermoplastic Polyurethane Market To Show Strong Growth & Demand | BASF , Lubrizol, Covestro, Huntsman

Global Thermoplastic Polyurethane Market Size study, by Raw Material (Polyols, Diisocyanate and Diols), Type (Polyester, Polyether and Polycaprolactone), End-use industry (Footwear, Industrial Machinery, Automotive, Electronics and Medical), and Regional Forecasts 2021-2027, The ‘ Thermoplastic Polyurethane market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Thermoplastic Polyurethane derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Thermoplastic Polyurethane market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

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Global Thermoplastic Polyurethane Market to reach 4.33 USD Billion by 2027.Global Thermoplastic Polyurethane Market is valued approximately at 2.68 USD Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.1% over the forecast period 2021-2027. TPU is preferred in various applications due to its unique qualities such as good shock resistance, high tensile strength and resisting microbial procedures are growing the demand for thermoplastic polyurethane. Increasing demand of TPU in automotive and medical industry, replacement of conventional materials by TPU and increasing market bio based thermoplastic polyurethane are the driving factors of thermoplastic polyurethane market. Also, use of thermoplastic polyurethane as alternative of PVC in medical industry will anticipate the growth of market in forecasted period. For instance, in May 2019, BASF had announced that by 2022, it will expand the production unit of TPU and engineering plastics at the Verbund site in Zhanjiang, China. However, high cost of TPU material as compared to other materials may impede market growth over the forecast period of 2021-2027.

Global Thermoplastic Polyurethane market analysis on basis of region includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is a significant region across the world in terms of market share due to rising government policies for expansion of medical and industrial sectors in the region. Whereas North America is anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to rising presence of medium- and large-scale aerospace and component manufacturers in the region.

Key Segments Studied in the Global Thermoplastic Polyurethane Market

Major market player included in this report are:

  • BASF
  • Lubrizol
  • Covestro
  • Huntsman
  • Wanhua
  • Polyone
  • Epaflex
  • Coim
  • Hexpol AB
  • Kuraray


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By raw material:

  • Polyols
  • Diisocyanate
  • Diols
  • By type:
  • Polyester
  • Polyether
  • Polycaprolactone

By end-use industry:

  • Footwear

Industrial Machinery

  • Automotive
  • Electronics
  • Medical
  • Others

Key Considerations for Market Forecast:

  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
  • Pre- as well as post-COVID-19 market estimates
  • Quarterly impact analysis and updates on market estimates


What is market research report?

Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.

The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.

What our reports offer:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers market data for 2020, 2021, till 2025
  • Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis


  • Market size and growth rate during forecast period.
  • Key factors driving the Market.
  • Key market trends cracking up the growth of the Market.
  • Challenges to market growth.
  • Key vendors of Market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global Market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.

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Market analysis requires careful attention to the following:

  • Market Analysis: To make this section robust, we help you identify industry size, growth rates, drivers, challenges, major players, and market forecasts and emerging trends.
  • Competitive Analysis: Understanding your competition is critical to your success. This section includes an analysis of your key competitors, their products / services, their differentiators, and market shares.
  • Target Market and Customers: Identifying and prioritizing specific target markets are another key part of your industry analysis where research is crucial. You need to think about demographics and buying behaviors of your customers? How can you best reach them? What kinds of challenges do they have? How do they like to be marketed?

Competitiveness Industry concentration – This is a measure of the number of firms in an industry and the size of the predominant firms in the industry. It indicates the nature of the competition. Identify the most important players in the industry. What percent of the market is controlled by the largest companies (for example, the four largest firms)? What is the market share of each major firm? What is the number of firms over a certain size? Is there a dominant industry leader? Who is it?

Key Points Covered in Thermoplastic Polyurethane Market Report: Study Explore COVID 19 Outbreak Impact Analysis

Chapter 1.Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Thermoplastic Polyurethane Market, by Raw Material, 2019-2027 (USD Billion)

1.2.2. Thermoplastic Polyurethane Market, by Type, 2019-2027 (USD Billion)

1.2.3. Thermoplastic Polyurethane Market, by End-Use, 2019-2027 (USD Billion)

1.2.4. Thermoplastic Polyurethane Market, By Region, 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Thermoplastic Polyurethane Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Thermoplastic Polyurethane Market Dynamics

3.1. Thermoplastic Polyurethane Market Impact Analysis (2018-2027)

3.1.1. Market Drivers Increasing demand of TPU in automotive and medical industry Replacement of conventional materials by TPU

3.1.2. Market Challenges High cost of TPU material as compared to other materials

3.1.3. Market Opportunities Alternative of PVC in medical industry

Chapter 4. Global Thermoplastic Polyurethane Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economic

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Thermoplastic Polyurethane Market, by Raw-material

5.1. Market Snapshot

5.2. Global Thermoplastic Polyurethane Market by Source, Performance – Potential Analysis

5.3. Global Thermoplastic Polyurethane Market Estimates & Forecasts by raw-material 2018-2027 (USD Billion)

5.4. Thermoplastic Polyurethane Market, Sub Segment Analysis

5.4.1. Polyols

5.4.2. Diisocyanate

5.4.3. Diols

Chapter 6. Global Thermoplastic Polyurethane Market, by Type

6.1. Market Snapshot

6.2. Global Thermoplastic Polyurethane Market by Source, Performance – Potential Analysis

6.3. Global Thermoplastic Polyurethane Market Estimates & Forecasts by Type 2018-2027 (USD Billion)

6.4. Thermoplastic Polyurethane Market, Sub Segment Analysis

6.4.1. Polyester

6.4.2. Polyether

6.4.3. Polycaprolactone

Chapter 7. Global Thermoplastic Polyurethane Market, by End-Use

7.1. Market Snapshot

7.2. Global Thermoplastic Polyurethane Market by Source, Performance – Potential Analysis

7.3. Global Thermoplastic Polyurethane Market Estimates & Forecasts by End-Use 2018-2027 (USD Billion)

7.4. Thermoplastic Polyurethane Market, Sub Segment Analysis

7.4.1. Footwear

7.4.2. Industrial Machinery

7.4.3. Automotive

7.4.4. Electronics

7.4.5. Medical

Chapter 8. Global Thermoplastic Polyurethane Market, Regional Analysis

8.1. Thermoplastic Polyurethane Market, Regional Market Snapshot

8.2. North America Thermoplastic Polyurethane Market

8.2.1. U.S. Thermoplastic Polyurethane Market Raw-Material breakdown estimates & forecasts, 2018-2027 Type breakdown estimates & forecasts, 2018-2027 End-Use breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Thermoplastic Polyurethane Market

8.3. Europe Thermoplastic Polyurethane Market Snapshot

8.3.1. U.K. Thermoplastic Polyurethane Market

8.3.2. Germany Thermoplastic Polyurethane Market

8.3.3. France Thermoplastic Polyurethane Market

8.3.4. Spain Thermoplastic Polyurethane Market

8.3.5. Italy Thermoplastic Polyurethane Market

8.3.6. Rest of Europe Thermoplastic Polyurethane Market

8.4. Asia-Pacific Thermoplastic Polyurethane Market Snapshot

8.4.1. China Thermoplastic Polyurethane Market

8.4.2. India Thermoplastic Polyurethane Market

8.4.3. Japan Thermoplastic Polyurethane Market

8.4.4. Australia Thermoplastic Polyurethane Market

8.5. Latin America Thermoplastic Polyurethane Market Snapshot

8.5.1. Brazil Thermoplastic Polyurethane Market

8.5.2. Mexico Thermoplastic Polyurethane Market

8.6. Rest of The World Thermoplastic Polyurethane Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profile

9.2.1.   BASF Key Information Overview Financial (Subject to Data Availability) Type Summary Recent Developments

9.2.2. Lubrizol

9.2.3. Covestro

9.2.4. Huntsman

9.2.5. Wanhua

9.2.6. Polyone

9.2.7. Epaflex

9.2.8. Coim

9.2.9. Hexpol AB

9.2.10. Kuraray

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption



……..and view more in complete table of Contents

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