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Chemical & Material Global Medical Grade TPU Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4645400
    • |
  • 09 November, 2025
    • |
  • Global
    • |
  • 116 Pages
    • |
  • GIR
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Medical Grade TPU market size was valued at US$ 286 million in 2024 and is forecast to a readjusted size of USD 438 million by 2031 with a CAGR of 6.3% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Medical polyurethane thermoplastic elastomer (TPU) is a versatile polymer material used in the production of various medical devices and healthcare applications. It combines the elasticity of rubber with the durability of plastics, making it an ideal choice for products that require flexibility, strength, and biocompatibility.
Key Characteristics:
Biocompatibility: TPU is safe for use in medical applications and can interact with biological tissues without causing adverse reactions.
Flexibility: It can stretch and bend, returning to its original shape, which is crucial for applications requiring both flexibility and durability.
Durability: TPU is resistant to wear, tear, and abrasion, making it suitable for long-term and high-use medical devices.
Chemical Resistance: It is resistant to chemicals and sterilization processes, ensuring longevity in medical environments.
Transparency: TPU can be transparent, enabling medical professionals to monitor fluids in devices like catheters and tubing.
Sterilizability: It withstands sterilization methods like steam, gamma radiation, and ethylene oxide, which is critical for maintaining hygiene standards.
Growing Use in Medical Devices: TPUs are widely used in the production of medical devices like catheters, surgical instruments, gloves, and drug delivery systems due to their superior flexibility, biocompatibility, and durability.
Aging Population: The aging global population, especially in regions like North America, Europe, and parts of Asia, is driving the demand for medical equipment that relies on TPU materials, such as orthopedic devices and cardiovascular stents.
Chronic Disease Management: Rising incidences of chronic diseases, including diabetes and heart disease, have increased the need for medical-grade materials that can be used in wearable and implantable devices.
Customization and Flexibility: Manufacturers are focusing on enhancing TPU's properties, such as antimicrobial resistance, higher tensile strength, and greater flexibility, to meet the growing needs of customized medical applications.
Innovation in Biodegradable and Sustainable Materials: With increasing focus on sustainability, some TPU manufacturers are developing eco-friendly, biodegradable versions for medical uses. This aligns with the global shift toward greener materials.
Growth of Wearable Medical Devices: The rise in wearable technology in healthcare, such as continuous glucose monitors (CGMs) and fitness tracking devices, is increasing the demand for soft, skin-friendly TPUs that can comfortably come into contact with human skin for extended periods.
North America and Europe Leading Innovation: These regions have a high demand for advanced medical devices and equipment, driven by robust healthcare systems and R&D investment. The U.S. dominates the market due to its advanced healthcare infrastructure and stringent regulatory frameworks.
Asia-Pacific Growth Surge: Emerging markets in the Asia-Pacific region, such as China, India, and Southeast Asia, are experiencing rapid growth in the medical TPU market due to expanding healthcare infrastructure, rising income levels, and increasing medical tourism.
Expanding Healthcare Infrastructure in Developing Regions: Developing regions like Latin America, the Middle East, and Africa are witnessing increased investments in healthcare, leading to more demand for advanced medical materials like TPU.
This report is a detailed and comprehensive analysis for global Medical Grade TPU market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Medical Grade TPU market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Medical Grade TPU market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Medical Grade TPU market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Ton), 2020-2031
Global Medical Grade TPU market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Medical Grade TPU
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Medical Grade TPU market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Lubrizol, BASF, Covestro, Wanhua Chemical, Huntsman, Trinseo, Hexpol, Kuraray, COIM Group, Avient, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Medical Grade TPU market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Polyester-based TPU
Polyether-based TPU
Other
Market segment by Application
Interventional Catheters
Orthopedic Implants
Foam Dressings
Family Planning Products
Artificial Organs
Other
Major players covered
Lubrizol
BASF
Covestro
Wanhua Chemical
Huntsman
Trinseo
Hexpol
Kuraray
COIM Group
Avient
Epaflex
Sichuan Youborui New Material
Miracll Chemicals
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Medical Grade TPU product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Medical Grade TPU, with price, sales quantity, revenue, and global market share of Medical Grade TPU from 2020 to 2025.
Chapter 3, the Medical Grade TPU competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Medical Grade TPU breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Medical Grade TPU market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Medical Grade TPU.
Chapter 14 and 15, to describe Medical Grade TPU sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Medical Grade TPU Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Polyester-based TPU
    • 1.3.3 Polyether-based TPU
    • 1.3.4 Other
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Medical Grade TPU Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Interventional Catheters
    • 1.4.3 Orthopedic Implants
    • 1.4.4 Foam Dressings
    • 1.4.5 Family Planning Products
    • 1.4.6 Artificial Organs
    • 1.4.7 Other
  • 1.5 Global Medical Grade TPU Market Size & Forecast
    • 1.5.1 Global Medical Grade TPU Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Medical Grade TPU Sales Quantity (2020-2031)
    • 1.5.3 Global Medical Grade TPU Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Lubrizol
    • 2.1.1 Lubrizol Details
    • 2.1.2 Lubrizol Major Business
    • 2.1.3 Lubrizol Medical Grade TPU Product and Services
    • 2.1.4 Lubrizol Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Lubrizol Recent Developments/Updates
  • 2.2 BASF
    • 2.2.1 BASF Details
    • 2.2.2 BASF Major Business
    • 2.2.3 BASF Medical Grade TPU Product and Services
    • 2.2.4 BASF Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 BASF Recent Developments/Updates
  • 2.3 Covestro
    • 2.3.1 Covestro Details
    • 2.3.2 Covestro Major Business
    • 2.3.3 Covestro Medical Grade TPU Product and Services
    • 2.3.4 Covestro Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Covestro Recent Developments/Updates
  • 2.4 Wanhua Chemical
    • 2.4.1 Wanhua Chemical Details
    • 2.4.2 Wanhua Chemical Major Business
    • 2.4.3 Wanhua Chemical Medical Grade TPU Product and Services
    • 2.4.4 Wanhua Chemical Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Wanhua Chemical Recent Developments/Updates
  • 2.5 Huntsman
    • 2.5.1 Huntsman Details
    • 2.5.2 Huntsman Major Business
    • 2.5.3 Huntsman Medical Grade TPU Product and Services
    • 2.5.4 Huntsman Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Huntsman Recent Developments/Updates
  • 2.6 Trinseo
    • 2.6.1 Trinseo Details
    • 2.6.2 Trinseo Major Business
    • 2.6.3 Trinseo Medical Grade TPU Product and Services
    • 2.6.4 Trinseo Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Trinseo Recent Developments/Updates
  • 2.7 Hexpol
    • 2.7.1 Hexpol Details
    • 2.7.2 Hexpol Major Business
    • 2.7.3 Hexpol Medical Grade TPU Product and Services
    • 2.7.4 Hexpol Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Hexpol Recent Developments/Updates
  • 2.8 Kuraray
    • 2.8.1 Kuraray Details
    • 2.8.2 Kuraray Major Business
    • 2.8.3 Kuraray Medical Grade TPU Product and Services
    • 2.8.4 Kuraray Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Kuraray Recent Developments/Updates
  • 2.9 COIM Group
    • 2.9.1 COIM Group Details
    • 2.9.2 COIM Group Major Business
    • 2.9.3 COIM Group Medical Grade TPU Product and Services
    • 2.9.4 COIM Group Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 COIM Group Recent Developments/Updates
  • 2.10 Avient
    • 2.10.1 Avient Details
    • 2.10.2 Avient Major Business
    • 2.10.3 Avient Medical Grade TPU Product and Services
    • 2.10.4 Avient Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Avient Recent Developments/Updates
  • 2.11 Epaflex
    • 2.11.1 Epaflex Details
    • 2.11.2 Epaflex Major Business
    • 2.11.3 Epaflex Medical Grade TPU Product and Services
    • 2.11.4 Epaflex Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Epaflex Recent Developments/Updates
  • 2.12 Sichuan Youborui New Material
    • 2.12.1 Sichuan Youborui New Material Details
    • 2.12.2 Sichuan Youborui New Material Major Business
    • 2.12.3 Sichuan Youborui New Material Medical Grade TPU Product and Services
    • 2.12.4 Sichuan Youborui New Material Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Sichuan Youborui New Material Recent Developments/Updates
  • 2.13 Miracll Chemicals
    • 2.13.1 Miracll Chemicals Details
    • 2.13.2 Miracll Chemicals Major Business
    • 2.13.3 Miracll Chemicals Medical Grade TPU Product and Services
    • 2.13.4 Miracll Chemicals Medical Grade TPU Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Miracll Chemicals Recent Developments/Updates

3 Competitive Environment: Medical Grade TPU by Manufacturer

  • 3.1 Global Medical Grade TPU Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Medical Grade TPU Revenue by Manufacturer (2020-2025)
  • 3.3 Global Medical Grade TPU Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Medical Grade TPU by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Medical Grade TPU Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Medical Grade TPU Manufacturer Market Share in 2024
  • 3.5 Medical Grade TPU Market: Overall Company Footprint Analysis
    • 3.5.1 Medical Grade TPU Market: Region Footprint
    • 3.5.2 Medical Grade TPU Market: Company Product Type Footprint
    • 3.5.3 Medical Grade TPU Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Medical Grade TPU Market Size by Region
    • 4.1.1 Global Medical Grade TPU Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Medical Grade TPU Consumption Value by Region (2020-2031)
    • 4.1.3 Global Medical Grade TPU Average Price by Region (2020-2031)
  • 4.2 North America Medical Grade TPU Consumption Value (2020-2031)
  • 4.3 Europe Medical Grade TPU Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Medical Grade TPU Consumption Value (2020-2031)
  • 4.5 South America Medical Grade TPU Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Medical Grade TPU Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Medical Grade TPU Sales Quantity by Type (2020-2031)
  • 5.2 Global Medical Grade TPU Consumption Value by Type (2020-2031)
  • 5.3 Global Medical Grade TPU Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Medical Grade TPU Sales Quantity by Application (2020-2031)
  • 6.2 Global Medical Grade TPU Consumption Value by Application (2020-2031)
  • 6.3 Global Medical Grade TPU Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Medical Grade TPU Sales Quantity by Type (2020-2031)
  • 7.2 North America Medical Grade TPU Sales Quantity by Application (2020-2031)
  • 7.3 North America Medical Grade TPU Market Size by Country
    • 7.3.1 North America Medical Grade TPU Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Medical Grade TPU Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Medical Grade TPU Sales Quantity by Type (2020-2031)
  • 8.2 Europe Medical Grade TPU Sales Quantity by Application (2020-2031)
  • 8.3 Europe Medical Grade TPU Market Size by Country
    • 8.3.1 Europe Medical Grade TPU Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Medical Grade TPU Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Medical Grade TPU Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Medical Grade TPU Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Medical Grade TPU Market Size by Region
    • 9.3.1 Asia-Pacific Medical Grade TPU Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Medical Grade TPU Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Medical Grade TPU Sales Quantity by Type (2020-2031)
  • 10.2 South America Medical Grade TPU Sales Quantity by Application (2020-2031)
  • 10.3 South America Medical Grade TPU Market Size by Country
    • 10.3.1 South America Medical Grade TPU Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Medical Grade TPU Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Medical Grade TPU Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Medical Grade TPU Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Medical Grade TPU Market Size by Country
    • 11.3.1 Middle East & Africa Medical Grade TPU Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Medical Grade TPU Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Medical Grade TPU Market Drivers
  • 12.2 Medical Grade TPU Market Restraints
  • 12.3 Medical Grade TPU Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Medical Grade TPU and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Medical Grade TPU
  • 13.3 Medical Grade TPU Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Medical Grade TPU Typical Distributors
  • 14.3 Medical Grade TPU Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Medical Grade TPU. Industry analysis & Market Report on Medical Grade TPU is a syndicated market report, published as Global Medical Grade TPU Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Medical Grade TPU market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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