Global Extrusion Grade Thermoplastic Polyurethane Market Trends

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Global Extrusion Grade Thermoplastic Polyurethane Market, Share, and Trends Analysis Report Trends

  • Chemical and Materials
  • Dec 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

“Growing Demand in Various Industries”

The global extrusion-grade thermoplastic polyurethane (TPU) market is witnessing growing demand driven by its versatility and adaptability across multiple industries, including automotive, medical, and electronics. With increased focus on sustainability, manufacturers are developing recyclable and bio-based TPU products to meet eco-friendly standards, aligning with green initiatives and regulatory requirements. Advancements in production processes, such as improved extrusion technology, are enhancing TPU properties, such as flexibility, abrasion resistance, and durability. The rise of electric vehicles, along with growth in medical devices, is boosting demand for TPU due to its lightweight and high-performance attributes, making it a preferred material choice.

Frequently Asked Questions

The market is segmented based on Segmentation, By Type (Polyester, Polyether, and Polycaprolactone), End-Use (Automotive, Industrial, Consumer Goods, Medical, and Electronics), Application (Wires & Cables, Tubes, Profiles, Films, and Belts) – Industry Trends and Forecast to 2031 .
The Global Extrusion Grade Thermoplastic Polyurethane Market size was valued at USD 1.72 USD Billion in 2023.
The Global Extrusion Grade Thermoplastic Polyurethane Market is projected to grow at a CAGR of 5.8% during the forecast period of 2024 to 2031.
The major players operating in the market include BASF , The Lubrizol Corporation Covestro AG , Huntsman Corporation , Wanhua Chemical Group Co. Ltd. , American PolyfilmInc. , Epaflex Polyurethanes SpA CoIM Group , Mitsui ChemicalsInc. , and Avient Corporation .
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.