Report Detail

Chemical & Material Global Thermoplastic Polyurethanes Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4654924
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  • 05 December, 2025
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  • Global
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  • 123 Pages
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  • GIR
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  • Chemical & Material

According to our (Global Info Research) latest study, the global Thermoplastic Polyurethanes market size was valued at US$ 3939 million in 2024 and is forecast to a readjusted size of USD 6630 million by 2031 with a CAGR of 7.8% during review period.
Thermoplastic polyurethane (TPU) is any of a class of polyurethane plastics with many properties, including elasticity, transparency, and resistance to oil, grease and abrasion that offers both superior performance and processing flexibility. Technically, TPU is a block copolymer consisting of alternating sequences of hard and soft segments. Its adaptability is due to the presence of both these hard and soft segments in its chemical structure. The proportion of hard and soft segments can be manipulated to produce a wide range of hardness. A greater ratio of hard to soft segments will result in a more rigid TPU. The hard segments are isocyanates, and can be classified as either aliphatic or aromatic depending on the type of isocyanate. The soft segments are made of a reacted polyol. In addition to the ratio of hard to soft segments in a given grade of TPU, the type of isocyanate and polyol are responsible for the properties of the resulting TPU. TPU can be as soft as rubber or as hard as rigid plastics. TPU is a unique type of plastic bridging the gap between rubbers and plastics. The key to TPU's versatility is that its hardness can be highly customized. The look and feel of TPU is just as versatile. It can be transparent or colored as well as smooth to the touch or provide grip.
Global core thermoplastic polyurethanes (TPU) manufacturers include Lubrizol, BASF, Wanhua Chemical, etc. The top 3 companies hold a share about 47%. Asia-Pacific is the largest market, with a share about 61%, followed by Europe and North America, with share 19% and 16%, separately. In terms of product type, Polyester-based TPU is the largest segment, with a share about 66%. And in terms of application, the largest application is Sports Goods and Footwear, with a share of 30%.
This report is a detailed and comprehensive analysis for global Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Thermoplastic Polyurethanes market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Thermoplastic Polyurethanes market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Thermoplastic Polyurethanes market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 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 Thermoplastic Polyurethanes
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 Thermoplastic Polyurethanes 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 BASF, Miracll Chemicals, Huntsman, Covestro, COIM Group, Epaflex, Trinseo, Avient, Hexpol, Huafon, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thermoplastic Polyurethanes 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
Polycaprolactone-based TPU
Market segment by Application
Sports Goods and Footwear
Industrial Applications
Transportation and Automotive
Wire and Cable Solutions
Construction Materials
Medical and Other
Major players covered
BASF
Miracll Chemicals
Huntsman
Covestro
COIM Group
Epaflex
Trinseo
Avient
Hexpol
Huafon
Wanhua Chemical
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 Thermoplastic Polyurethanes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermoplastic Polyurethanes, with price, sales quantity, revenue, and global market share of Thermoplastic Polyurethanes from 2020 to 2025.
Chapter 3, the Thermoplastic Polyurethanes competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes.
Chapter 14 and 15, to describe Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Polyester-based TPU
    • 1.3.3 Polyether-based TPU
    • 1.3.4 Polycaprolactone-based TPU
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Thermoplastic Polyurethanes Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Sports Goods and Footwear
    • 1.4.3 Industrial Applications
    • 1.4.4 Transportation and Automotive
    • 1.4.5 Wire and Cable Solutions
    • 1.4.6 Construction Materials
    • 1.4.7 Medical and Other
  • 1.5 Global Thermoplastic Polyurethanes Market Size & Forecast
    • 1.5.1 Global Thermoplastic Polyurethanes Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Thermoplastic Polyurethanes Sales Quantity (2020-2031)
    • 1.5.3 Global Thermoplastic Polyurethanes Average Price (2020-2031)

2 Manufacturers Profiles

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

3 Competitive Environment: Thermoplastic Polyurethanes by Manufacturer

  • 3.1 Global Thermoplastic Polyurethanes Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Thermoplastic Polyurethanes Revenue by Manufacturer (2020-2025)
  • 3.3 Global Thermoplastic Polyurethanes Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Thermoplastic Polyurethanes by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Thermoplastic Polyurethanes Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Thermoplastic Polyurethanes Manufacturer Market Share in 2024
  • 3.5 Thermoplastic Polyurethanes Market: Overall Company Footprint Analysis
    • 3.5.1 Thermoplastic Polyurethanes Market: Region Footprint
    • 3.5.2 Thermoplastic Polyurethanes Market: Company Product Type Footprint
    • 3.5.3 Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes Market Size by Region
    • 4.1.1 Global Thermoplastic Polyurethanes Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Thermoplastic Polyurethanes Consumption Value by Region (2020-2031)
    • 4.1.3 Global Thermoplastic Polyurethanes Average Price by Region (2020-2031)
  • 4.2 North America Thermoplastic Polyurethanes Consumption Value (2020-2031)
  • 4.3 Europe Thermoplastic Polyurethanes Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Thermoplastic Polyurethanes Consumption Value (2020-2031)
  • 4.5 South America Thermoplastic Polyurethanes Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Thermoplastic Polyurethanes Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Thermoplastic Polyurethanes Sales Quantity by Type (2020-2031)
  • 5.2 Global Thermoplastic Polyurethanes Consumption Value by Type (2020-2031)
  • 5.3 Global Thermoplastic Polyurethanes Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Thermoplastic Polyurethanes Sales Quantity by Application (2020-2031)
  • 6.2 Global Thermoplastic Polyurethanes Consumption Value by Application (2020-2031)
  • 6.3 Global Thermoplastic Polyurethanes Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Thermoplastic Polyurethanes Sales Quantity by Type (2020-2031)
  • 7.2 North America Thermoplastic Polyurethanes Sales Quantity by Application (2020-2031)
  • 7.3 North America Thermoplastic Polyurethanes Market Size by Country
    • 7.3.1 North America Thermoplastic Polyurethanes Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes Sales Quantity by Type (2020-2031)
  • 8.2 Europe Thermoplastic Polyurethanes Sales Quantity by Application (2020-2031)
  • 8.3 Europe Thermoplastic Polyurethanes Market Size by Country
    • 8.3.1 Europe Thermoplastic Polyurethanes Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Thermoplastic Polyurethanes Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Thermoplastic Polyurethanes Market Size by Region
    • 9.3.1 Asia-Pacific Thermoplastic Polyurethanes Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes Sales Quantity by Type (2020-2031)
  • 10.2 South America Thermoplastic Polyurethanes Sales Quantity by Application (2020-2031)
  • 10.3 South America Thermoplastic Polyurethanes Market Size by Country
    • 10.3.1 South America Thermoplastic Polyurethanes Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Thermoplastic Polyurethanes Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Thermoplastic Polyurethanes Market Size by Country
    • 11.3.1 Middle East & Africa Thermoplastic Polyurethanes Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes Market Drivers
  • 12.2 Thermoplastic Polyurethanes Market Restraints
  • 12.3 Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Thermoplastic Polyurethanes
  • 13.3 Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes Typical Distributors
  • 14.3 Thermoplastic Polyurethanes 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 Thermoplastic Polyurethanes. Industry analysis & Market Report on Thermoplastic Polyurethanes is a syndicated market report, published as Global Thermoplastic Polyurethanes Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Thermoplastic Polyurethanes market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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