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.

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with the product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share.

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Key companies operating in the Thermoplastic Polyurethane Foaming market include:

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

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Thermoplastic Polyurethane Foaming market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Thermoplastic Polyurethane Foaming Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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Thermoplastic Polyurethane Foaming Market Segmentation:

• 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

Thermoplastic Polyurethane Foaming Market Segmentation by Regions:

• 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)

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