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US Thermoplastic Polyurethane (TPU) Market by Type (Polyester, Polyether, Polycaprolactone, and Others), by Application (Automotive, Construction, Engineering, Footwear, Hose & Tubing, Wire & Cable, Medical, Synthetic Leather, and Others), by United states (Northeast, Southeast, Midwest, Southwest, West) Forecast 2024-2032
The US Thermoplastic Polyurethane (TPU) Marketsize was valued at USD 271.8 USD Million in 2023 and is projected to reach USD 478.03 USD Million by 2032, exhibiting a CAGR of 8.4 % during the forecast period. Thermoplastic Polyurethane (TPU) belongs to the category of polyurethane which is a flexible thermoplastic that has the qualities of being clear and is resistant to oils, grease, and abrasion. They are available in different categories; we have polyester-based and polyether-based formulations, all with different performances. TPU is an elastomer that exhibits the rubbery nature of elasticity with the thermoplastic nature of ease of formation through injection molding extrusion or blow molding. Examples range from shoes and vehicle components to orthopedic games and consumer electronics, where such properties as high wear resistance and suitability to a variety of modifications are appreciated. Due to its high thermal conductivity along with the given stretchability, the TPU materials are effective for various industrial and consumer product exposures at different temperatures.
Type:
Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 8.4% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 8.4% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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