Increasing Demand from Athletic Footwear to Drive the Asia-Pacific Thermoplastic Polyurethane Market

Published: Nov 2020

The Asia-Pacific thermoplastic polyurethane market is estimated to exhibit a considerable CAGR during the forecast period. There is increasing use of thermoplastic polyurethane in various end-user industries such as footwear, medical, and others, which drives the growth of the Asia-Pacific thermoplastic polyurethane industry. Increasing demand for thermoplastic polyurethane in athletic footwear to further drive the thermoplastic polyurethane market in Asia-Pacific.

Browse the full report description Asia-Pacific Thermoplastic Polyurethane (TPU) Market Size, Share & Trends Analysis Report, By Raw Material (Polyols, Diisocyanate, and Diols), By Application (Footwear, Industrial Machinery, Automotive, Electronics, Medical, and Others), and Forecast 2019-2025 at https://www.omrglobal.com/industry-reports/asia-pacific-thermoplastic-polyurethane-tpu-market

There is an increasing demand for comfortable footwear and lightweight athletic shoes in the region. Having performance-specific shoes is important for achieving one’s fitness goals. The presence of footwear industry players in the region also drives the regional growth of the footwear industry. For instance, Nike has been the undisputed leader in athletic footwear in the region. In addition, Puma and Asics are some other players operating in the region. The growing footwear industry in the region increases the demand for thermoplastic polyurethane for the manufacturing of shoes and hence drives the market growth.

Market Coverage

  • Market number available for – 2018-2025
  • Base year- 2018
  • Forecast period- 2019-2025
  • Segment Covered- By Raw Material and By Application
  • Regions Covered- Asia-Pacific
  • Competitive Landscape- BASF SE, The Lubrizol Corp., Mitsubishi Chemical Corp., Mitsui Chemicals Inc., Tosoh Corp., and others 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment/region dominates the market in the base year?
  • Which segment/region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Asia-Pacific Thermoplastic Polyurethane Market- Segmentation

By Raw Material

  • Polyol
  • Diisocyanate
  • Diols

By Application

  • Footwear
  • Industrial Machinery
  • Automotive
  • Electronics
  • Medical
  • Others

Asia-Pacific Thermoplastic Polyurethane Market– Segment by Region 

Asia-Pacific 

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

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