Global Thermoplastic Polyurethane (TPU) Films Market is estimated to be valued at USD 3.94 Bn in 2025 and is expected to reach USD 6.45 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.3% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 3.94 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
7.30%
2032 Value Projection:
USD 6.45 Bn
Figure. Thermoplastic Polyurethane (TPU) Films Market Share (%), By Region 2025
Thermoplastic polyurethane (TPU) is a type of polyurethane that contains linear segmented block copolymers composed of hard and soft segments. TPU possesses properties of both thermoplastics and elastomers, resulting in high flexibility and abrasion resistance. TPU films have emerged as an alternative to PVC and TPE films owing to their excellent durability and printability. In automotive, TPU films are used to wrap vehicle body components such as mirrors, spoilers, and interior and exterior fittings. In packaging, TPU films provide durable and flexible packaging of consumer goods. Rapid growth of the packaging and automotive industries in developing nations is expected to drive the demand for TPU films over the forecast period.
Market Dynamics:
The global thermoplastic polyurethane (TPU) films market is driven by factors such as rising demand from the automotive, construction, and packaging industries. Increasing usage of TPU films for vehicle interiors, exteriors, and other automotive components is propelling the market growth. Additionally, the rising popularity of flexible packaging for food, beverages, and consumer goods has augmented the TPU film consumption. However, volatility in raw material prices remains a key challenge for market players. On the positive side, growing inclination towards lightweight yet durable materials offers significant opportunities. Market players are expected to witness remunerative prospects with the production of high-performance TPU films for applications such as medical films and durable electronics.
Key Features of the Study:
This report provides in-depth analysis of the global thermoplastic polyurethane (TPU) films market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
Key companies covered as a part of this study include PAR Group, BASF SE, The Lubrizol Corporation, American Polyfilm Inc., 3M, Avery Dennison, MH&W International Corporation, Plastic Film Corporation, Perfectex Plus LLC., Permali Gloucester Limited, Bayer Material Science, Huntsman Corporation, American Polyfilm Inc., Covestro AG, Ding Zing Advanced Materials Inc., Gerlinger Industries GmbH, Okura Industrial Co. Ltd, Schweitzer-Mauduit International Inc., and Wiman Corporation
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global thermoplastic polyurethane (TPU) films market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global thermoplastic polyurethane (TPU) films market.
Detailed Segmentation-
By Type:
Polyether
Polyester
Polycaprolactone
By Application:
Automotive
Railway
Leisure
Energy
Building & Construction
Furniture
Aerospace
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
PAR Group
BASF SE
The Lubrizol Corporation
American Polyfilm Inc.
3M
Avery Dennison
MH&W International Corporation
Plastic Film Corporation
Perfectex Plus LLC.
Permali Gloucester Limited
Bayer Material Science
Huntsman Corporation
American Polyfilm Inc.
Covestro AG
Ding Zing Advanced Materials Inc.
Gerlinger Industries GmbH
Okura Industrial Co. Ltd
Schweitzer-Mauduit International Inc.
Wiman Corporation
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Global Thermoplastic Polyurethane (TPU) Films Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Thermoplastic Polyurethane (TPU) Films Market - COVID-19
Impact Analysis
5. Global Thermoplastic Polyurethane (TPU) Films Market, By Type, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Polyether
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Polyester
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Polycaprolactone
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
6. Global Thermoplastic Polyurethane (TPU) Films Market, By Application, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Automotive
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Railway
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Leisure
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Energy
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Building & Construction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Furniture
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Aerospace
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
7. Global Thermoplastic Polyurethane (TPU) Films Market, By Region, 2020-2032 (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
North America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
U.S.
Canada
Latin America
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2020 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)
Countries
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Market Share Analysis, By Country, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Country, 2020 - 2032
Market Size and Forecast, By Type, 2020- 2032 (US$ Bn)
Market Size and Forecast, By Application, 2020- 2032 (US$ Bn)