Key Expanded Thermoplastic Polyurethane Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The global expanded thermoplastic polyurethane market is derived from the leading three suppliers, BASF SE, Covestro AG, and Lubrizol Corporation. These companies cover over 41% of the market. Businesses are implementing strategic development such as capacity expansion, R&D, and mergers in order to enhance competition. BASF and Covestro are focused on developing bio-derived ETPU grades to help meet sustainability requirements, while the Huntsman Corporation is developing new lines in the U.S. and Europe. In South Korea, Mitsui Chemicals and SKC are improving thermo-plastic polyurethane blending technologies. On the other hand, companies based in India and/or Malaysia are focusing on regional automotive and footwear applications to seek market expansion more ergonomically.
Some of the key players operating in the market are listed below:
|
Country of Origin |
Approx. Market Share (%) |
|
|
BASF SE |
Germany |
19% |
|
Lubrizol Corporation |
USA |
15% |
|
Covestro AG |
Germany |
13% |
|
Huntsman Corporation |
USA |
10% |
|
Wanhua Chemical Group Co., Ltd. |
China |
9% |
|
Hexpol AB |
Sweden |
xx% |
|
American Polyfilm Inc. |
USA |
xx% |
|
Polyurethane Manufacturers Association |
USA |
xx% |
|
Coim Group |
Italy |
xx% |
|
Mitsui Chemicals & SKC Polyurethanes Inc. |
South Korea |
xx% |
|
Tosoh Corporation (Malaysia Operations) |
Malaysia |
xx% |
|
Arlanxeo |
Netherlands |
xx% |
|
Miracll Chemicals Co. Ltd. |
China |
xx% |
|
Era Polymers Pty Ltd |
Australia |
xx% |
|
Sheela Foam Limited |
India |
xx% |
Here are a few areas of focus covered in the competitive landscape of the market: