IAL Consultants has recently published the ninth edition of its popular report entitled Global Overview of the Thermoplastic Polyurethane Market.
This new study examines the national, regional and global markets for thermoplastic polyurethanes for 2024 and builds up on the research from our previous editions. It explores the market trends driving TPU production and subsequent demand, provides an indication of raw material consumption, and also presents future growth opportunities in the TPU market. Five-year market forecasts to 2029 are also included.
In 2024, global TPU production grew by 4.5%, reaching 1,085,700 tonnes. Extrusion and injection remained the dominant segments, together accounting for over 80% of total production. Adhesives and coatings saw moderate growth, while 3D printing remained a niche segment with minimal change. The TPU market has not been as severely affected by the economic crisis compared to other segments within the polyurethanes industry.
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