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Polyurethane Thermoplastic Elastomer Industry Research Report 2026
Market perspective
The global Polyurethane Thermoplastic Elastomer market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Polyurethane Thermoplastic Elastomer is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Polyurethane Thermoplastic Elastomer is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Polyurethane Thermoplastic Elastomer is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Polyurethane Thermoplastic Elastomer include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Polyurethane Thermoplastic Elastomer market in revenue (US$ million) and, where applicable, sales volume (kt), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/kt) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Polyurethane Thermoplastic Elastomer.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Polyurethane Thermoplastic Elastomer Market by Company
Shanghai QingGen Industrial
Huntsman
DowDuPont
BASF
YAGIKUMA
Tosoh Corporation
PolyOne
Nihon Matai Group
Lubrizol
Innovia Solutions Ltd
HEXPOL
Epaflex
Covestro
AdvanSource Biomaterials
Polyurethane Thermoplastic Elastomer Segment by Type
Polyester Type
Polyether Type
Polycaprolactone
Polyurethane Thermoplastic Elastomer Segment by Application
Automotive
Agriculture
Seals & Gaskets
Others
Polyurethane Thermoplastic Elastomer Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Polyurethane Thermoplastic Elastomer market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Polyurethane Thermoplastic Elastomer and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Polyurethane Thermoplastic Elastomer.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Polyurethane Thermoplastic Elastomer manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Polyurethane Thermoplastic Elastomer by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Polyurethane Thermoplastic Elastomer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Polyester Type
- Polyether Type
- Polycaprolactone
Applications
- Automotive
- Agriculture
- Seals & Gaskets
- Others
Companies covered
- Shanghai QingGen Industrial
- Huntsman
- DowDuPont
- BASF
- YAGIKUMA
- Tosoh Corporation
- PolyOne
- Nihon Matai Group
- Lubrizol
- Innovia Solutions Ltd
- HEXPOL
- Epaflex
- Covestro
- AdvanSource Biomaterials
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Polyurethane Thermoplastic Elastomer by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Polyester Type
- 2.2.3 Polyether Type
- 2.2.4 Polycaprolactone
- 2.3 Polyurethane Thermoplastic Elastomer by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Automotive
- 2.3.3 Agriculture
- 2.3.4 Seals & Gaskets
- 2.3.5 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Polyurethane Thermoplastic Elastomer Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Polyurethane Thermoplastic Elastomer Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Polyurethane Thermoplastic Elastomer Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Polyurethane Thermoplastic Elastomer Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Polyurethane Thermoplastic Elastomer Production by Manufacturers (2021-2026)
- 3.2 Global Polyurethane Thermoplastic Elastomer Production Value by Manufacturers (2021-2026)
- 3.3 Global Polyurethane Thermoplastic Elastomer Average Price by Manufacturers (2021-2026)
- 3.4 Global Polyurethane Thermoplastic Elastomer Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Polyurethane Thermoplastic Elastomer Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Polyurethane Thermoplastic Elastomer Manufacturers, Product Type & Application
- 3.7 Global Polyurethane Thermoplastic Elastomer Manufacturers Established Date
- 3.8 Global Polyurethane Thermoplastic Elastomer Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Shanghai QingGen Industrial
- 4.1.1 Shanghai QingGen Industrial Polyurethane Thermoplastic Elastomer Company Information
- 4.1.2 Shanghai QingGen Industrial Polyurethane Thermoplastic Elastomer Business Overview
- 4.1.3 Shanghai QingGen Industrial Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Shanghai QingGen Industrial Product Portfolio
- 4.1.5 Shanghai QingGen Industrial Recent Developments
- 4.2 Huntsman
- 4.2.1 Huntsman Polyurethane Thermoplastic Elastomer Company Information
- 4.2.2 Huntsman Polyurethane Thermoplastic Elastomer Business Overview
- 4.2.3 Huntsman Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 Huntsman Product Portfolio
- 4.2.5 Huntsman Recent Developments
- 4.3 DowDuPont
- 4.3.1 DowDuPont Polyurethane Thermoplastic Elastomer Company Information
- 4.3.2 DowDuPont Polyurethane Thermoplastic Elastomer Business Overview
- 4.3.3 DowDuPont Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 DowDuPont Product Portfolio
- 4.3.5 DowDuPont Recent Developments
- 4.4 BASF
- 4.4.1 BASF Polyurethane Thermoplastic Elastomer Company Information
- 4.4.2 BASF Polyurethane Thermoplastic Elastomer Business Overview
- 4.4.3 BASF Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 BASF Product Portfolio
- 4.4.5 BASF Recent Developments
- 4.5 YAGIKUMA
- 4.5.1 YAGIKUMA Polyurethane Thermoplastic Elastomer Company Information
- 4.5.2 YAGIKUMA Polyurethane Thermoplastic Elastomer Business Overview
- 4.5.3 YAGIKUMA Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 YAGIKUMA Product Portfolio
- 4.5.5 YAGIKUMA Recent Developments
- 4.6 Tosoh Corporation
- 4.6.1 Tosoh Corporation Polyurethane Thermoplastic Elastomer Company Information
- 4.6.2 Tosoh Corporation Polyurethane Thermoplastic Elastomer Business Overview
- 4.6.3 Tosoh Corporation Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Tosoh Corporation Product Portfolio
- 4.6.5 Tosoh Corporation Recent Developments
- 4.7 PolyOne
- 4.7.1 PolyOne Polyurethane Thermoplastic Elastomer Company Information
- 4.7.2 PolyOne Polyurethane Thermoplastic Elastomer Business Overview
- 4.7.3 PolyOne Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 PolyOne Product Portfolio
- 4.7.5 PolyOne Recent Developments
- 4.8 Nihon Matai Group
- 4.8.1 Nihon Matai Group Polyurethane Thermoplastic Elastomer Company Information
- 4.8.2 Nihon Matai Group Polyurethane Thermoplastic Elastomer Business Overview
- 4.8.3 Nihon Matai Group Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 Nihon Matai Group Product Portfolio
- 4.8.5 Nihon Matai Group Recent Developments
- 4.9 Lubrizol
- 4.9.1 Lubrizol Polyurethane Thermoplastic Elastomer Company Information
- 4.9.2 Lubrizol Polyurethane Thermoplastic Elastomer Business Overview
- 4.9.3 Lubrizol Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 Lubrizol Product Portfolio
- 4.9.5 Lubrizol Recent Developments
- 4.10 Innovia Solutions Ltd
- 4.10.1 Innovia Solutions Ltd Polyurethane Thermoplastic Elastomer Company Information
- 4.10.2 Innovia Solutions Ltd Polyurethane Thermoplastic Elastomer Business Overview
- 4.10.3 Innovia Solutions Ltd Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Innovia Solutions Ltd Product Portfolio
- 4.10.5 Innovia Solutions Ltd Recent Developments
- 4.11 HEXPOL
- 4.11.1 HEXPOL Polyurethane Thermoplastic Elastomer Company Information
- 4.11.2 HEXPOL Polyurethane Thermoplastic Elastomer Business Overview
- 4.11.3 HEXPOL Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 HEXPOL Product Portfolio
- 4.11.5 HEXPOL Recent Developments
- 4.12 Epaflex
- 4.12.1 Epaflex Polyurethane Thermoplastic Elastomer Company Information
- 4.12.2 Epaflex Polyurethane Thermoplastic Elastomer Business Overview
- 4.12.3 Epaflex Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Epaflex Product Portfolio
- 4.12.5 Epaflex Recent Developments
- 4.13 Covestro
- 4.13.1 Covestro Polyurethane Thermoplastic Elastomer Company Information
- 4.13.2 Covestro Polyurethane Thermoplastic Elastomer Business Overview
- 4.13.3 Covestro Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Covestro Product Portfolio
- 4.13.5 Covestro Recent Developments
- 4.14 AdvanSource Biomaterials
- 4.14.1 AdvanSource Biomaterials Polyurethane Thermoplastic Elastomer Company Information
- 4.14.2 AdvanSource Biomaterials Polyurethane Thermoplastic Elastomer Business Overview
- 4.14.3 AdvanSource Biomaterials Polyurethane Thermoplastic Elastomer Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 AdvanSource Biomaterials Product Portfolio
- 4.14.5 AdvanSource Biomaterials Recent Developments
5 Global Polyurethane Thermoplastic Elastomer Production by Region
- 5.1 Global Polyurethane Thermoplastic Elastomer Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Polyurethane Thermoplastic Elastomer Production by Region: 2021-2032
- 5.2.1 Global Polyurethane Thermoplastic Elastomer Production by Region: 2021-2026
- 5.2.2 Global Polyurethane Thermoplastic Elastomer Production Forecast by Region (2027-2032)
- 5.3 Global Polyurethane Thermoplastic Elastomer Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Polyurethane Thermoplastic Elastomer Production Value by Region: 2021-2032
- 5.4.1 Global Polyurethane Thermoplastic Elastomer Production Value by Region: 2021-2026
- 5.4.2 Global Polyurethane Thermoplastic Elastomer Production Value Forecast by Region (2027-2032)
- 5.5 Global Polyurethane Thermoplastic Elastomer Market Price Analysis by Region (2021-2026)
- 5.6 Global Polyurethane Thermoplastic Elastomer Production and Value, YOY Growth
- 5.6.1 North America Polyurethane Thermoplastic Elastomer Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Polyurethane Thermoplastic Elastomer Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Polyurethane Thermoplastic Elastomer Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Polyurethane Thermoplastic Elastomer Production Value Estimates and Forecasts (2021-2032)
6 Global Polyurethane Thermoplastic Elastomer Consumption by Region
- 6.1 Global Polyurethane Thermoplastic Elastomer Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Polyurethane Thermoplastic Elastomer Consumption by Region (2021-2032)
- 6.2.1 Global Polyurethane Thermoplastic Elastomer Consumption by Region: 2021-2026
- 6.2.2 Global Polyurethane Thermoplastic Elastomer Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Polyurethane Thermoplastic Elastomer Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Polyurethane Thermoplastic Elastomer Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Polyurethane Thermoplastic Elastomer Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Polyurethane Thermoplastic Elastomer Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Polyurethane Thermoplastic Elastomer Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Polyurethane Thermoplastic Elastomer Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Polyurethane Thermoplastic Elastomer Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Polyurethane Thermoplastic Elastomer Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Polyurethane Thermoplastic Elastomer Production by Type (2021-2032)
- 7.1.1 Global Polyurethane Thermoplastic Elastomer Production by Type (2021-2032) & (kt)
- 7.1.2 Global Polyurethane Thermoplastic Elastomer Production Market Share by Type (2021-2032)
- 7.2 Global Polyurethane Thermoplastic Elastomer Production Value by Type (2021-2032)
- 7.2.1 Global Polyurethane Thermoplastic Elastomer Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Polyurethane Thermoplastic Elastomer Production Value Market Share by Type (2021-2032)
- 7.3 Global Polyurethane Thermoplastic Elastomer Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Polyurethane Thermoplastic Elastomer Production by Application (2021-2032)
- 8.1.1 Global Polyurethane Thermoplastic Elastomer Production by Application (2021-2032) & (kt)
- 8.1.2 Global Polyurethane Thermoplastic Elastomer Production Market Share by Application (2021-2032)
- 8.2 Global Polyurethane Thermoplastic Elastomer Production Value by Application (2021-2032)
- 8.2.1 Global Polyurethane Thermoplastic Elastomer Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Polyurethane Thermoplastic Elastomer Production Value Market Share by Application (2021-2032)
- 8.3 Global Polyurethane Thermoplastic Elastomer Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Polyurethane Thermoplastic Elastomer Value Chain Analysis
- 9.1.1 Polyurethane Thermoplastic Elastomer Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Polyurethane Thermoplastic Elastomer Production Mode & Process
- 9.2 Polyurethane Thermoplastic Elastomer Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Polyurethane Thermoplastic Elastomer Distributors
- 9.2.3 Polyurethane Thermoplastic Elastomer Customers
10 Global Polyurethane Thermoplastic Elastomer Analyzing Market Dynamics
- 10.1 Polyurethane Thermoplastic Elastomer Industry Trends
- 10.2 Polyurethane Thermoplastic Elastomer Industry Drivers
- 10.3 Polyurethane Thermoplastic Elastomer Industry Opportunities and Challenges
- 10.4 Polyurethane Thermoplastic Elastomer Industry Restraints
11 Report Conclusion
12 Disclaimer
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