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Expanded Thermoplastic Polyurethane Market Trends

  • Report ID: 3131
  • Published Date: Sep 02, 2024
  • Report Format: PDF, PPT

Expanded Thermoplastic Polyurethane Market Trends

Growth Drivers

  • Rising Demand for Expanded Thermoplastic Polyurethane from End User Industries
  • Increasing Interest to Use the Material for Protective Purposes

Challenges

  • Easy Availability of Substitutes

Expanded Thermoplastic Polyurethane Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

9.2%

Base Year Market Size (2023)

USD 212.17 billion

Forecast Year Market Size (2036)

USD 666.16 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Author Credits:  Rajrani Baghel


  • Report ID: 3131
  • Published Date: Sep 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of expanded thermoplastic polyurethane is assessed at USD 227.79 billion.

Expanded Thermoplastic Polyurethane Market size was valued at USD 212.17 billion in 2023 and is expected to exceed USD 666.16 billion by 2036, expanding at over 9.2% CAGR during the forecast period i.e., between 2024-2036. The market growth is impelled by rising demand for expanded thermoplastic polyurethane from end user industries and increasing interest to use the material for protective purposes.

Asia Pacific is predicted to account for largest revenue share by 2036, on the back of rising demand for sports shoes from urban areas in the region.

The major players in the market are BASF SE, Huntsman International LLC, Sanhuang Co., Ltd, HSV Moulded Foams Group, IMG plastec LLC, and others
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