Thermoplastic Polyurethane Market Key Drivers, Industry Share and Future Growth Demand Analysis by 2029, 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 expected to hold the largest share during the forecast period due to its adoption in applications, which require resistance to oils, fuels, and water.
Report Coverage-
The report consists of cumulative information on the market and https://www.fortunebusinessins....ights.com/thermoplas