The size of the world's thermoplastic polyurethane (TPU) foaming market was USD 2,561.0 million in 2021, and it is anticipated to grow at a revenue CAGR of 7.3% over the following five years. The introduction of biobased TPU, the fast demand for TPU foaming, particularly in the medical and automotive sectors, and the rising use of TPU materials in sportswear and footwear are the main drivers of market revenue growth.
The study on the Global Thermoplastic Polyurethane Foaming Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Thermoplastic Polyurethane Foaming market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Thermoplastic Polyurethane Foaming industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Thermoplastic Polyurethane Foaming industry.
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Competitive Outlook: The leading companies operating in the Thermoplastic Polyurethane Foaming market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Thermoplastic Polyurethane Foaming Market and Profiled in the Report are:
Huntsman International LLC., BASF SE, The Lubrizol Corporation, Covestro AG, Wanhua, HEXPOL AB, Epaflex Polyurethanes Spa, Coim Group, Novotex Italiana S.p.A., and Mitsui Chemicals, Inc
Objectives of the Report:
Study of the global Thermoplastic Polyurethane Foaming market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Thermoplastic Polyurethane Foaming market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Thermoplastic Polyurethane Foaming market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Thermoplastic Polyurethane Foaming market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Type Outlook (Revenue, USD Million; 2019-2030)
- Polyether
- Polyester
- Polycaprolactone
Raw Material Outlook (Revenue, USD Million; 2019-2030)
- Diols
- Diisocyanate
- Polyols
End-Use Outlook (Revenue, USD Million; 2019-2030)
- Footwear
- Medical
- Automotive
- Industrial Machinery
- Marine
- Construction
- Others
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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