Thermoplastic Polyurethane Market Size, 2021 Industry Share and Global Demand | 2029 Forecast by Fortune Business Insights™
The global thermoplastic polyurethane (TPU) market size is expected to reach USD 3.81 billion by 2028 from USD 2.32 billion in 2021, exhibiting a CAGR of 7.3% between 2021 and 2028. The growing innovations in TPU by OEMs can have an excellent effect on this market in the forthcoming years, states Fortune Business Insights, in a report, titled “Thermoplastic Polyurethane (TPU) Market, 2021-2028.” The market size stood at USD 2.34 billion in 2020.
Segmentation-
Polyester-based TPU to Hold the Lion’s Share
Based on type, the thermoplastic polyurethane (tpu) market is segmented into polyester, polyether, polycaprolactone, and others. Polyester-based TPU is expec