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.

The current COVID-19 pandemic is expected to have an effect on the growth of the Thermoplastic Polyurethane Foaming industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Thermoplastic Polyurethane Foaming sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Thermoplastic Polyurethane Foaming industry.

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 Key companies profiled in the report 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 Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Thermoplastic Polyurethane Foaming market?

What are the key product types and applications of the Thermoplastic Polyurethane Foaming industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Thermoplastic Polyurethane Foaming market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Thermoplastic Polyurethane Foaming Market by 2027?

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 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

Regional Analysis:

Regional analysis includes an in-depth study of the key geographical regions to gain a better understanding of the market and provide an accurate analysis. The regional analysis covers North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis covers the analysis of key market segments, including revenue, CAGR, import/export, supply and demand ratio, production and consumption ratio, industrial chain analysis, and market dynamics in each region of the geographies.

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ToC of the report:

Chapter 1: Market overview and scope

Chapter 2: Market outlook

Chapter 3: Impact analysis of COVID-19 pandemic

Chapter 4: Competitive Landscape

Chapter 5: Drivers, Constraints, Opportunities, Limitations

Chapter 6: Key manufacturers of the industry

Chapter 7: Regional analysis

Chapter 8: Market segmentation based on type applications

Chapter 9: Current and Future Trends

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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