Thermoplastic Polyurethane Market Size, Share, Demand, Trends, Key Players, Analysis and Forecast 2024-2032
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The latest report by IMARC Group, titled “ Thermoplastic Polyurethane (TPU) Market Report by Type (Polyester, Polyether, Polycaprolactone), Raw Material (Polyols, Diisocyanate, Diols), Application (Extruded Products, Injection Molded Products, Adhesives, and Others), End Use Industry (Construction, Automotive, Footwear, Medical, Electrical and Electronics, Heavy Engineering, and Others), and Region 2024-2032 ”, offers a comprehensive analysis of the industry, which comprises insights on the market. What is the market outlook for thermoplastic polyurethane (TPU)? The global thermoplastic polyurethane market size reached US$ 2.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.6% during 2024-2032. Factors Affecting the Growth of the Thermoplastic Polyurethane (TPU) Industry: Increasing Demand in Automotive Industry: The thermoplastic polyurethane (TPU) market is significantly driven by its escalating ...