Global Thermoplastic Polyurethane Market - Industry Trends and Forecast to 2030

Inhaltsverzeichnis anfordernInhaltsverzeichnis anfordern Mit Analyst sprechen Mit Analyst sprechen Jetzt kaufenJetzt kaufen Vor dem Kauf anfragen Vorher anfragen Kostenloser Beispielbericht Kostenloser Beispielbericht

Global Thermoplastic Polyurethane Market - Industry Trends and Forecast to 2030

  • Chemical and Materials
  • Upcoming Reports
  • Oct 2023
  • Global
  • 350 Seiten
  • Anzahl der Tabellen: 220
  • Anzahl der Abbildungen: 60

Global Thermoplastic Polyurethane Market

Marktgröße in Milliarden USD

CAGR :  % Diagram

Diagramm Prognosezeitraum
2023 –2030
Diagramm Marktgröße (Basisjahr)
USD 3.08 Billion
Diagramm Marktgröße (Prognosejahr)
USD 5.54 Billion
Diagramm CAGR
%
Diagramm Wichtige Marktteilnehmer
  • KURARAY CO.
  • BASF SE
  • The Lubrizol Corporation
  • Covestro AG
  • Taiwan PU Corporation

Global Thermoplastic Polyurethane Market, By Raw Material (Diisocyanate, Polyols, Diols, Others), Type (Polyester, Polyether, Polycaprolactone), End-User (Footwear, Industrial Machinery, Automotive, Electronics, Medical, Consumer Goods, Sports and Leisure, Building and Construction, Textile, Heavy Engineering, Others) - Industry Trends and Forecast to 2030.

Thermoplastic Polyurethane Market

Thermoplastic Polyurethane Market Analysis and Size

Thermoplastic polyurethane is a versatile synthetic material with a wide range of applications across various industries. It is known for its unique combination of properties, making it a popular choice for manufacturing products that require flexibility, durability, and resistance to abrasion, chemicals, and weather conditions. It is commonly used in the manufacturing of footwear, including shoe soles and flexible components, due to its excellent abrasion resistance and flexibility, providing comfort and long-lasting wear. It is also utilized in the production of phone cases, protective sportswear, and medical devices, where its softness and resistance to body fluids make it a suitable material. One of the key advantages of the polymer is its thermoplastic nature, allowing for easy processing through methods like injection molding and extrusion. Due to mention above all the reason it is considered that there will be an upsurge in the global thermoplastic polyurethane market in the forecast period of 2023 to 2030.

 Data Bridge Market Research analyses that the global thermoplastic polyurethane market which was USD 3.08 billion in 2022, is expected to reach USD 5.54 billion by 2030, and is expected to undergo a CAGR of 7.60% during the forecast period of 2023 to 2030.  “Polyester” dominates the type segment of the global thermoplastic polyurethane market due to its excellent balance of strength, flexibility, and chemical resistance. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Thermoplastic Polyurethane Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Raw Material (Diisocyanate, Polyols, Diols, Others), Type (Polyester, Polyether, Polycaprolactone), End-User (Footwear, Industrial Machinery, Automotive, Electronics, Medical, Consumer Goods, Sports and Leisure, Building and Construction, Textile, Heavy Engineering, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa

Market Players Covered

KURARAY CO., LTD. (Japan), BASF SE (Germany), The Lubrizol Corporation (U.S.), Covestro AG (Germany), Taiwan PU Corporation (Taiwan), Novotex Italiana S.p.A. (Italy), AMERICAN POLYFILM, INC. (U.S.), Coim Group (Italy), Mitsui Chemicals, Inc. (Japan), Sanyo Corporation of America (U.S.), Huntsman International LLC (U.S.), Wanhua Chemical Group Co., Ltd. (China), Avient Corporation (U.S.), HEXPOL AB (Sweden), SONGWON (South Korea), AVERY DENNISON CORPORATION (U.S.), Tosoh Corporation (Japan), and Kolon Industries, Inc (South Korea)

Market Opportunities

  • Emergence of eco-friendly thermoplastic polyurethane
  • Technological development and collaborations

Market Definition

Thermoplastic polyurethane is extensively used across construction, automotive, aerospace and medical industry for numerous applications due to its properties such as transparency, elasticity, and resistance to oil, grease, and abrasion. Moreover, thermoplastic polyurethane is environment-friendly, biodegradable and fully recyclable, that makes it a suitable alternative to PVC and various other polymers.

Global Thermoplastic Polyurethane Market Dynamics

Drivers

  • Expansion in the Automotive Industry

The rise in the expansion in the automotive industry across the globe acts as one of the major factors driving the growth of global thermoplastic polyurethane market. The product is widely being utilized in automobile components, such as seats, doors, vehicle wiring, attachment clips, and airbags, among others.

  • Adoption by Footwear Manufacturers

The widespread adoption of thermoplastic polyurethane by footwear manufacturers for producing soles for safety shoes due to their abrasion resistance, slip, and aesthetic properties accelerate the market growth. The increase in the demand for TPU in automotive and medical industries has a positive impact on the market.

Opportunity

  • Immense Potential in 3D Printing

Thermoplastic polyurethane is increasingly used in 3D printing due to its unique properties. Thermoplastic polyurethane filaments, known for their flexibility and elasticity, enable the creation of flexible and durable 3D printed objects. This makes thermoplastic polyurethane a preferred material for producing items like phone cases, shoe soles, gaskets, and custom-fit wearables. As 3D printing technology continues to advance, thermoplastic polyurethane role in creating functional, customized, and innovative products is expected to expand further.

Restraint/Challenge

  • Volatility of Raw Material Prices

Thermoplastic polyurethane is derived from petrochemical feedstocks, primarily isocyanates and polyols, and its price can be influenced by fluctuations in the cost of these key ingredients. Factors such as changes in oil prices, global supply and demand dynamics, and geopolitical events can all impact the pricing of thermoplastic polyurethane raw materials.

This global thermoplastic polyurethane market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global thermoplastic polyurethane market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In February 2023, Covestro is set to construct its largest Thermoplastic Polyurethanes facility in Zhuhai, China. The project, located in the Zhuhai Gaolan Port Economic Development Zone, will be developed in three phases, with the first phase scheduled for completion by late 2025, achieving a production capacity of approximately 30,000 tons per year. The entire site, anticipated to be completed by 2033, will encompass 45,000 square meters, producing nearly 120,000 tons of polymer annually

Global Thermoplastic Polyurethane Market Scope

The global thermoplastic polyurethane market is segmented on the basis of raw material, type and end-user.  The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Raw Material

  • Diisocyanate
  • Polyols
  • Diols
  • Others

Type

  • Polyester
  • Polyether
  • Polycaprolactone

End-User

  • Footwear
  • Industrial Machinery
  • Automotive
  • Electronics
  • Medical
  • Consumer Goods
  • Sports and Leisure
  • Building and Construction
  • Textile
  • Heavy Engineering
  • Others

Global Thermoplastic Polyurethane Market Regional Analysis/Insights

The global thermoplastic polyurethane market is analysed and market size insights and trends are provided by raw material, type and end-user are referenced above. The countries covered in the thermoplastic polyurethane market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.   

North America region is dominating the thermoplastic polyurethane market due to the rise in the workover and completion and production sector applications and rise in the usage and demand for shale gas from the various industry verticals within the region.

Asia-Pacific region had the highest growth rate in the thermoplastic polyurethane market due to the rise in the usage and demand from the various industry verticals, increase in the levels of urbanization and population within the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Global Thermoplastic Polyurethane Market Share Analysis

The global thermoplastic polyurethane market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the companies' focus related to the global thermoplastic polyurethane market.

Some of the major players operating in the global thermoplastic polyurethane market are:

  • KURARAY CO., LTD. (Japan)
  • BASF SE (Germany)
  • The Lubrizol Corporation (U.S.)
  • Covestro AG (Germany)
  • Taiwan PU Corporation (Taiwan)
  • Novotex Italiana S.p.A. (Italy)
  • AMERICAN POLYFILM, INC. (U.S.)
  • Coim Group (Italy)
  • Mitsui Chemicals, Inc. (Japan)
  • Sanyo Corporation of America (U.S.)
  • Huntsman International LLC (U.S.)
  • Wanhua Chemical Group Co., Ltd. (China)
  • Avient Corporation (U.S.)
  • HEXPOL AB (Sweden)
  • SONGWON (South Korea)
  • AVERY DENNISON CORPORATION (U.S.)
  • Tosoh Corporation (Japan)
  • Kolon Industries, Inc. (South Korea)


SKU-

Erhalten Sie Online-Zugriff auf den Bericht zur weltweit ersten Market Intelligence Cloud

  • Interaktives Datenanalyse-Dashboard
  • Unternehmensanalyse-Dashboard für Chancen mit hohem Wachstumspotenzial
  • Zugriff für Research-Analysten für Anpassungen und Abfragen
  • Konkurrenzanalyse mit interaktivem Dashboard
  • Aktuelle Nachrichten, Updates und Trendanalyse
  • Nutzen Sie die Leistungsfähigkeit der Benchmark-Analyse für eine umfassende Konkurrenzverfolgung
Demo anfordern

Forschungsmethodik

Die Datenerfassung und Basisjahresanalyse werden mithilfe von Datenerfassungsmodulen mit großen Stichprobengrößen durchgeführt. Die Phase umfasst das Erhalten von Marktinformationen oder verwandten Daten aus verschiedenen Quellen und Strategien. Sie umfasst die Prüfung und Planung aller aus der Vergangenheit im Voraus erfassten Daten. Sie umfasst auch die Prüfung von Informationsinkonsistenzen, die in verschiedenen Informationsquellen auftreten. Die Marktdaten werden mithilfe von marktstatistischen und kohärenten Modellen analysiert und geschätzt. Darüber hinaus sind Marktanteilsanalyse und Schlüsseltrendanalyse die wichtigsten Erfolgsfaktoren im Marktbericht. Um mehr zu erfahren, fordern Sie bitte einen Analystenanruf an oder geben Sie Ihre Anfrage ein.

Die wichtigste Forschungsmethodik, die vom DBMR-Forschungsteam verwendet wird, ist die Datentriangulation, die Data Mining, die Analyse der Auswirkungen von Datenvariablen auf den Markt und die primäre (Branchenexperten-)Validierung umfasst. Zu den Datenmodellen gehören ein Lieferantenpositionierungsraster, eine Marktzeitlinienanalyse, ein Marktüberblick und -leitfaden, ein Firmenpositionierungsraster, eine Patentanalyse, eine Preisanalyse, eine Firmenmarktanteilsanalyse, Messstandards, eine globale versus eine regionale und Lieferantenanteilsanalyse. Um mehr über die Forschungsmethodik zu erfahren, senden Sie eine Anfrage an unsere Branchenexperten.

Anpassung möglich

Data Bridge Market Research ist ein führendes Unternehmen in der fortgeschrittenen formativen Forschung. Wir sind stolz darauf, unseren bestehenden und neuen Kunden Daten und Analysen zu bieten, die zu ihren Zielen passen. Der Bericht kann angepasst werden, um Preistrendanalysen von Zielmarken, Marktverständnis für zusätzliche Länder (fordern Sie die Länderliste an), Daten zu klinischen Studienergebnissen, Literaturübersicht, Analysen des Marktes für aufgearbeitete Produkte und Produktbasis einzuschließen. Marktanalysen von Zielkonkurrenten können von technologiebasierten Analysen bis hin zu Marktportfoliostrategien analysiert werden. Wir können so viele Wettbewerber hinzufügen, wie Sie Daten in dem von Ihnen gewünschten Format und Datenstil benötigen. Unser Analystenteam kann Ihnen auch Daten in groben Excel-Rohdateien und Pivot-Tabellen (Fact Book) bereitstellen oder Sie bei der Erstellung von Präsentationen aus den im Bericht verfügbaren Datensätzen unterstützen.

Häufig gestellte Fragen

The market is segmented based on , By Raw Material (Diisocyanate, Polyols, Diols, Others), Type (Polyester, Polyether, Polycaprolactone), End-User (Footwear, Industrial Machinery, Automotive, Electronics, Medical, Consumer Goods, Sports and Leisure, Building and Construction, Textile, Heavy Engineering, Others) - Industry Trends and Forecast to 2030. .
The Global Thermoplastic Polyurethane Market size was valued at USD 3.08 USD Billion in 2022.
The Global Thermoplastic Polyurethane Market is projected to grow at a CAGR of 7.6% during the forecast period of 2023 to 2030.
The major players operating in the market include KURARAY CO. , BASF SE, The Lubrizol Corporation, Covestro AG, Taiwan PU Corporation, Novotex Italiana S.p.A., AMERICAN POLYFILM , Coim Group, Mitsui Chemicals , Sanyo Corporation of America, Huntsman International LLC, Wanhua Chemical Group Co. , Avient Corporation, HEXPOL AB, SONGWON, AVERY DENNISON CORPORATION, Tosoh Corporation, Kolon Industries ,.
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa.