Engineered Thermoplastic Polyurethane (TPU)
Market
Engineered Thermoplastic Polyurethane (TPU)
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Engineered Thermoplastic Polyurethane (TPU) Market Size and Growth
The Engineered Thermoplastic Polyurethane (TPU) market is set to experience significant growth, driven by rising demand across automotive, footwear, and industrial sectors. The global market size is projected to reach approximately USD 2.5 billion by 2026, reflecting increasing adoption of eco-friendly materials and advancements in manufacturing technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Lubrizol
◍ Miracll
◍ Sunko
◍ Wanhua
◍ GMF
◍ Guosheng
The Engineered Thermoplastic Polyurethane (TPU) market is competitive, featuring companies like BASF, Lubrizol, Miracll, Sunko, Wanhua, GMF, and Guosheng. These firms innovate in applications such as automotive, footwear, and textiles, driving market growth through product development and strategic partnerships. Their combined revenue significantly contributes to market expansion.
Market Segmentation
By Application
Shoes
Automotive
Tire
Sports equipment
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By Product
Foam
Elastomer
Market Growth
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$ X Billion USD
