Thermoplastic Polyurethane Foaming Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2030

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Rising demand for TPU materials in footwear and sportswear is a key factor driving TPU foaming market revenue growth

Emergen Research’s latest market research report focuses on the ‘global Thermoplastic Polyurethane Foaming market’, and the report provides in-depth analysis of each of its major segments. Reports about the global Thermoplastic Polyurethane Foaming market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios. The report also highlights the most important factors influencing industry revenue growth, including drivers, opportunities, trends, restraints, challenges, demand and supply ratios, production and consumption patterns, strict regulatory frameworks, and a multitude of micro-economic and macro-economic factors.

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.

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Market Drivers:

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in RD activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

Overview of the Thermoplastic Polyurethane Foaming Market Report:

  • Introduction, Product Scope, Market Overview, and Opportunities
  • Analysis of the Manufacturers with sales, revenue, and price analysis
  • Comprehensive analysis of the competitive landscape
  • Extensive profiling of the key competitors along with their business strategies and market size
  • Regional analysis of the market along with sales, revenue, market share, and global position
  • Country-wise analysis of the market along with types, applications, and manufacturing
  • Strategic recommendations to established players as well as new entrants
  • In-depth analysis of the risks, restraints, and limitations in the Thermoplastic Polyurethane Foaming industry

The leading market contenders listed 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

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Market Segmentations of the Thermoplastic Polyurethane Foaming Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Thermoplastic Polyurethane Foaming market on the basis of product, application, and region:

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

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Regional Outlook of the Thermoplastic Polyurethane Foaming Market

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • 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)

Report Highlights:

  • Besides offering a vivid depiction of the global Thermoplastic Polyurethane Foaming business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years. 
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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