Asia-Pacific thermoplastic polyurethane market is expected to reach 1,434.75 thousand tonnes by 2025 from 824.72 thousand tonnes in 2017, at a CAGR of 7.3% in the forecast period 2018 to 2025.

The major factors driving the growth of this market are growing demand of thermoplastic polyurethane in automotive sector, scope of TPU innovation in footwear sector, growing application in medical sector. The thermoplastic polyurethane market in the Asia-Pacific region is leading in China.
The key market players for Asia-Pacific thermoplastic polyurethane Market are listed below;

Covestro AG
Kaneka Corporation
Wanhua Chemical Group Co., Ltd.

The market is further segmented into;
Product type
Raw Material
End-user
Geography

The Asia-Pacific thermoplastic polyurethane market is segmented on the basis of product type, raw material, end-user and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
On the basis of product type, the Asia-Pacific thermoplastic polyurethane market is segmented into Polyester, Polyether, Polycaprolactone. Asia-Pacific thermoplastic polyurethane market is dominated by polyester with 58.2% market share in 2018, growing at a CAGR of 7.3% in the forecast period.
The Asia-Pacific thermoplastic polyurethane market is segmented based on raw material into Diisocyante, Polyols, Diols. The Diisocyante market segment is expected to dominate the market. Asia-Pacific thermoplastic polyurethane market is dominated by diisocyante with 51.4% market share in 2018, growing at a CAGR of 8.0% in the forecast period.
On the basis of end users, the Asia-Pacific thermoplastic polyurethane market is classified into footwear, engineering, automotive, hose and tubing, building and construction, wires and cables and medical. Among these, in 2018 footwear segment dominated the market and the trend is expected to remain the same till 2025. Footwear is further sub segmented into shoes & soles and slippers. Engineering is further sub segmented into electronic devices and machinery parts. Automotive is further sub segmented into interior body parts and exterior body parts. Hose and tubing is further sub segmented into hoses, organic waste pipes and pneumatic and brake tube. Building and construction is further sub segmented into roofing membranes and cured in place pipe. Wires and cables is further sub segmented into telecommunication, transportation and mining. Medical is further sub-segmented into catheters, medical device housing and wound care products. The Footwear market segment is expected to dominate the market.
Based on geography, the Asia-Pacific thermoplastic polyurethane market is segmented into geographical regions, such as,
China
Japan
India
South Korea
Australia
Thailand
Malaysia
Singapore
Indonesia
Taiwan
Rest of Asia-Pacific

Covered in this report
The report covers the present scenario and the growth prospects of the Asia-Pacific thermoplastic polyurethane market for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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