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    Thermoplastic Polyurethane Films Market

    ID: MRFR/CnM/3414-HCR
    135 Pages
    Anshula Mandaokar
    September 2025

    Thermoplastic Polyurethane Films Market Research Report Information by Type (Polyester, Polyether and Polycaprolactone), by Application (Automotive, Aerospace, Energy, Construction and others), Region (North America, Europe, Asia Pacific, Latin America and the Middle East & Africa) - Forecast till 2032

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    Thermoplastic Polyurethane Films Market Report - Global Forecast till 2032 Infographic
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    Table of Contents

    Thermoplastic Polyurethane Films Market Summary

    The Global Thermoplastic Polyurethane Films Market is projected to grow from 361.7 USD Million in 2024 to 768.4 USD Million by 2035.

    Key Market Trends & Highlights

    Global Thermoplastic Polyurethane Films Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 7.09% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 768.4 USD Million, indicating robust growth potential.
    • In 2024, the market is valued at 361.7 USD Million, reflecting a solid foundation for future expansion.
    • Growing adoption of thermoplastic polyurethane films due to their versatility in various applications is a major market driver.

    Market Size & Forecast

    2024 Market Size 361.7 (USD Million)
    2035 Market Size 768.4 (USD Million)
    CAGR (2025-2035) 7.09%

    Major Players

    Covestro (Germany), Permali Gloucester Limited (England), The Lubrizol Corporation (US), Huntsman Corporation (US), DuPont (US), 3M (US), BASF SE (Germany)

    Thermoplastic Polyurethane Films Market Trends

    The growing demand for lightweight and durable materials in various industries is driving the expansion of thermoplastic polyurethane films, which are increasingly recognized for their versatility and performance characteristics.

    U.S. Department of Commerce

    Thermoplastic Polyurethane Films Market Drivers

    Market Growth Projections

    The Global Thermoplastic Polyurethane Films Market Industry is projected to experience substantial growth over the next decade. With an anticipated market value of 361.7 USD Million in 2024, the industry is on a trajectory towards reaching 768.4 USD Million by 2035. This growth is indicative of the increasing adoption of thermoplastic polyurethane films across various sectors, driven by their versatility and performance characteristics. The projected CAGR of 7.09% for the period from 2025 to 2035 further underscores the market's potential, suggesting a robust demand for these materials as industries continue to evolve and innovate.

    Rising Demand in Automotive Sector

    The Global Thermoplastic Polyurethane Films Market Industry experiences a notable surge in demand from the automotive sector. As manufacturers increasingly seek lightweight materials that enhance fuel efficiency and reduce emissions, thermoplastic polyurethane films are becoming a preferred choice. These films offer excellent durability, flexibility, and resistance to abrasion, making them ideal for automotive applications such as interior components and protective coatings. The industry's growth is further supported by the projected market value of 361.7 USD Million in 2024, indicating a robust trajectory as automotive manufacturers continue to innovate and prioritize sustainable materials.

    Advancements in Medical Applications

    The Global Thermoplastic Polyurethane Films Market Industry benefits from advancements in medical applications. As the healthcare sector increasingly adopts innovative materials for medical devices and packaging, thermoplastic polyurethane films are gaining traction due to their biocompatibility and flexibility. These films are utilized in applications such as wound dressings, catheters, and drug delivery systems, where performance and safety are paramount. The growing emphasis on patient-centric solutions and the development of advanced medical technologies suggest a promising future for thermoplastic polyurethane films, potentially driving market growth as healthcare providers seek reliable and effective materials.

    Sustainability and Eco-Friendly Materials

    The Global Thermoplastic Polyurethane Films Market Industry is positively impacted by the rising emphasis on sustainability and eco-friendly materials. As industries strive to reduce their environmental footprint, thermoplastic polyurethane films, which can be recycled and are less harmful to the environment, are increasingly favored. This shift towards sustainable practices is evident across various sectors, including packaging and textiles, where companies are adopting greener alternatives. The growing consumer preference for eco-friendly products is likely to bolster the market, as manufacturers respond to this demand by integrating thermoplastic polyurethane films into their offerings.

    Growth in Electronics and Electrical Applications

    The Global Thermoplastic Polyurethane Films Market Industry is significantly influenced by the expanding electronics and electrical applications. With the proliferation of consumer electronics, there is a growing need for materials that provide excellent insulation and protection. Thermoplastic polyurethane films are utilized in various electronic devices, including smartphones and tablets, due to their superior dielectric properties and mechanical strength. This trend is expected to contribute to the market's growth, with projections indicating a rise to 768.4 USD Million by 2035. The increasing demand for lightweight and durable materials in electronics underlines the importance of thermoplastic polyurethane films in this sector.

    Technological Innovations and Product Development

    The Global Thermoplastic Polyurethane Films Market Industry is driven by continuous technological innovations and product development. Manufacturers are investing in research and development to enhance the properties of thermoplastic polyurethane films, such as improving their mechanical strength, thermal stability, and chemical resistance. These advancements enable the films to meet the evolving needs of various industries, including automotive, electronics, and healthcare. As a result, the market is expected to grow at a CAGR of 7.09% from 2025 to 2035, reflecting the industry's commitment to innovation and the development of high-performance materials.

    Market Segment Insights

    Regional Insights

    Key Companies in the Thermoplastic Polyurethane Films Market market include

    Industry Developments

      • October 2021- Covestro, a leading German firm, revealed the development of its Desmopan 7000 thermoplastic polyurethane (TPU) to meet the growing demand for materials that assist and guarantee superior transmission rates for 5G signals, a technology that, in comparison with earlier 4G standard, allows more stable connections, lower power consumption, shorter data runtimes (latency), and higher network speeds. Overall, Desmopan 7000 projects high transparency for 5G frequencies, lowering signal losses, and makes it very compatible for 5G applications, such as protective covers for cell phones.

      • June 2021 – A prominent worldwide player in application-specific fluid power and power transmission solutions, Gates, revealed the launch of two latest thermoplastic polyurethane (TPU) belts. The products will be named the Gates Parabolic Pitch (GPP) and will be available in two different formats; 8mm and 14mm.

        The latest GPP belts offer more durability, strength, safety, and are quieter to function and need low maintenance than other alternatives, including other steel cables, roller chains, and rubber belts.Developed to excel in the competition, the high-strength, reinforced steel (RSL) GPP 14-RSL has the maximum break strength of any 14mm pitch TPU belt in the market, and the usual product versions are well-matched with Timken's RPP® sprockets. At present, these GPP belts are available in EMEA and North American regions.

      • In July 2018, Covestro, a prominent and leading supplier of polycarbonate and thermoplastic polyurethane films took to the international scale and announced that it was on the way to strengthening its film production capacity during the ongoing forecast period that will be ending in 2028. A strategic investment worth a market value of USD 112.16 million has been initiated to meet the growing demand of the global target audience for thermoplastic polyurethane (TPU) films.

        This will help in expanding the market size amongst the other competitive players in both the domestic and the international market scale during the ongoing forecast period.

      • The prominent market players in the European region are working to enhance fuel efficiency and reduce carbon dioxide emission is surging the demand for thermoplastic polyurethane films market share. The presence of a large number of automotive manufacturers in European countries like Germany, the UK, France, Spain, and Italy is expected to drive the demand for the thermoplastic polyurethane films market in the automotive industry during the forecast period that will be ending in 2028.

      • The manufacturing of aircraft in Canada, as a part of the North American region, for the growing Thermoplastic Polyurethane films market share has been noticed to have increased from 18,783,235 in 2017 to 19,742,834 in 2018, as a part of the historic forecast period that had ended in 2019. These market numbers are reflecting that the aerospace industry is projected to witness exponential and wide-scale growth in the upcoming years to follow, as a part of the ongoing forecast period that will be ending in 2028, which is expected to fuel the demand for the TPU market.

      • Q4 2024: Aegis PPF by CarzSpa launches XG Series, India's most advanced paint protection film Aegis PPF by CarzSpa introduced the XG Series, a new premium paint protection film combining Thermoplastic Polyurethane (TPU) and Polycarbonate (PC), engineered for India's climate and driving conditions. The launch marks a significant product innovation in the Indian automotive protection sector.
      •  

    Future Outlook

    Thermoplastic Polyurethane Films Market Future Outlook

    The Global Thermoplastic Polyurethane Films Market is projected to grow at a 7.09% CAGR from 2024 to 2035, driven by increasing demand in automotive, healthcare, and electronics sectors.

    New opportunities lie in:

    • Develop eco-friendly TPU films to meet sustainability trends.
    • Invest in advanced manufacturing technologies for cost efficiency.
    • Expand applications in emerging markets like renewable energy and smart textiles.

    By 2035, the market is expected to achieve substantial growth, positioning itself as a leader in innovative film solutions.

    Market Segmentation

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 367.8 Million
    Market Size 2024 USD 361.7 Million
    Market Size 2032 USD 643.3 Million
    Compound Annual Growth Rate (CAGR) 6.10% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2018 & 2020
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Types and application
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled Covestro (Germany), Huntsman Corporation (US), 3M (US), BASF SE (Germany), The Lubrizol Corporation (US), DuPont (US), Permali Gloucester Limited (England), ADDEV Materials (France), American Polyfilm, Inc (US), and DSM (Netherlands)
    Key Market Opportunities The advancing research & development of product in the market has propelled to witness a significant growth.
    Key Market Dynamics The rise in construction activitiesHigh demand for energy in the industrial sector

    Market Highlights

    Author
    Anshula Mandaokar
    Team Lead - Research

    Anshula Mandaokar holds an academic degree in Chemical Engineering and has been contributing to the field for more than 5 years. She has expertise in Market Research and Business Consulting and serves as a Team Lead for a reputed Market Research firm under the Chemicals and Materials domain spectrum. She has worked on multiple projects, generating explicit results in a quick turnaround time. Her understanding of data interpretation justifies her role as a leader.

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    FAQs

    What is the final market valuation expected for the period?

    The market is expected to reach a final value worth USD 643.3 million by 2032.

    Which is the largest region to grow in the global market?

    The North American market will dominate the global market growth.

    Which region is showing signs of good growth during the forecast period?

    The APAC region is showing signs of reliable growth during the period.

    1.     Executive Summary  
    2.     Scope of the Report    
    3.  Market Definition    
      1.     Scope of the Study    
        1.     Research Objectives  
        2.     Assumptions & Limitations    
      2.     Markets Structure    
    4.  Market Research Methodology    
      1.     Research
    5. Process    
      1.     Primary Research  
      2.     Secondary Research    
    6.  Forecast Model    
    7.     Market Landscape
      1.     Supply Chain Analysis 
        1.     Raw
    8. Material Suppliers     
      1.     Manufacturers/Producers
        1.     Distributors/Retailers/Wholesalers/E-Commerce
    9. Merchants
      1.     Application Industry    
      2.        Porter’s Five Forces Analysis  
        1.     Threat of New Entrants    
        2.     Bargaining Power of Buyers    
    10.  Bargaining Power of Suppliers    
      1.     Threat
    11. of Substitutes    
      1.     Intensity of Competitive
    12. Rivalry
      1.     Market Price Analysis 2020-2027
    13.  Industry Overview of the Global Thermoplastic Polyurethane Films  Market  
      1.     Introduction    
    14.  Drivers    
      1.     Restraints   
      2.     Opportunities
      3.     Challenges 
    15.     Market Trends    
      1.     Introduction  
      2.     Growth Trends    
    16.  Impact Analysis    
    17.     Global Thermoplastic
    18. Polyurethane Films  Market, by Type
      1.     Introduction
      2.     Polyester
        1. Market Estimates & Forecast, 2020-2027
        2. Market Estimates & Forecast, by Region, 2020-2027
    19.  Polyether
    20.     7.3.1 Market Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast, by Region, 2020-2027
    21.  Polycaprolactone
    22.     7.4.1 Market Estimates & Forecast,
      1. Market Estimates & Forecast, by Region, 2020-2027
    23. Global Thermoplastic Polyurethane Films Market, by Application
    24.  Introduction
      1.     Automotive
        1. Market Estimates
    25. & Forecast, 2020-2027
      1. Market Estimates & Forecast, by Region,
      2.     Aerospace
    26.     8.3.1 Market
    27. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast,
    28. by Region, 2020-2027
      1.     Energy
        1. Market Estimates
    29. & Forecast, 2020-2027
      1. Market Estimates & Forecast, by Region,
      2.     Construction
    30. Market Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast,
    31. by Region, 2020-2027
      1.     Others
        1. Market Estimates
    32. & Forecast, 2020-2027
      1. Market Estimates & Forecast, by Region,
    33.     Global Thermoplastic Polyurethane Films Market,
    34. by Region
      1.     Introduction
      2.     North
    35. America
      1. Market Estimates & Forecast, 2020-2027
        1. Market
    36. Estimates & Forecast by Type, 2020-2027
      1. Market Estimates & Forecast
    37. by Application, 2020-2027
      1.     US
        1. Market Estimates
    38. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Type,
        1. Market Estimates & Forecast by Application, 2020-2027
        2.     Canada
    39. Estimates & Forecast by Application, 2020-2027
      1.     Europe
        1.     Market Estimates & Forecast, 2020-2027
    40. Market Estimates & Forecast by Type, 2020-2027
      1. Market Estimates &
    41. Forecast by Application, 2020-2027
      1. Germany      
        1. Market Estimates & Forecast, 2020-2027
    42. Estimates & Forecast by Type, 2020-2027
      1. Market Estimates &
    43. Forecast by Application, 2020-2027
      1.     France
    44. Market Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    45. by Type, 2020-2027
      1. Market Estimates & Forecast by Application,
        1.     Italy
    46. Forecast, 2020-2027
      1. Market Estimates & Forecast by Type, 2020-2027
        1. Market Estimates & Forecast by Application, 2020-2027
    47.  Spain
      1. Market Estimates & Forecast, 2020-2027
    48. Market Estimates & Forecast by Type, 2020-2027
      1. Market Estimates
    49. & Forecast by Application, 2020-2027
      1.     UK
    50. Market Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast
    51. by Type, 2020-2027
      1. Market Estimates & Forecast by Application,
        1.     Russia
    52. Forecast, 2020-2027
      1. Market Estimates & Forecast by Type, 2020-2027
        1. Market Estimates & Forecast by Application, 2020-2027
    53.  Netherlands
      1. Market Estimates & Forecast, 2020-2027
    54. Market Estimates & Forecast by Type, 2020-2027
      1. Market Estimates
    55. & Forecast by Application, 2020-2027
      1. Rest of Europe
    56. Market Estimates & Forecast, 2020-2027
      1. Market Estimates &
    57. Forecast by Type, 2020-2027
      1. Market Estimates & Forecast by Application,
      2.     Asia-Pacific
        1.     Market
    58. Estimates & Forecast, 2020-2027
      1. Market Estimates & Forecast by
    59. Type, 2020-2027
      1. Market Estimates & Forecast by Application, 2020-2027
        1.     China
    60. Estimates & Forecast by Application, 2020-2027
      1.     India
        1. Market Estimates & Forecast, 2020-2027
    61. & Forecast by Type, 2020-2027
      1. Market Estimates & Forecast by
    62. Application, 2020-2027
      1.     Japan
        1. Market Estimates
    63. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Type,
        1. Market Estimates & Forecast by Application, 2020-2027
        2.     Thailand
    64. Market Estimates & Forecast by Application, 2020-2027
    65.  Malaysia
      1. Market Estimates & Forecast, 2020-2027
    66. Market Estimates & Forecast by Type, 2020-2027
      1. Market Estimates
    67. & Forecast by Application, 2020-2027
      1.     Vietnam 
        1. Market Estimates & Forecast, 2020-2027
    68. & Forecast by Type, 2020-2027
      1. Market Estimates & Forecast by
    69. Application, 2020-2027
      1.     Rest of Asia-Pacific
    70. Market Estimates & Forecast, 2020-2027
      1. Market Estimates &
    71. Forecast by Type, 2020-2027
      1. Market Estimates & Forecast by Application,
      2.     Middle East & Africa 
    72.  Market Estimates & Forecast, 2020-2027
      1. Market Estimates &
    73. Forecast by Type, 2020-2027
      1. Market Estimates & Forecast by Application,
        1.     Saudi Arabia
    74. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Type,
        1. Market Estimates & Forecast by Application, 2020-2027
    75.     UAE
      1. Market Estimates & Forecast, 2020-2027
        1. Market Estimates & Forecast by Type, 2020-2027
    76. Estimates & Forecast by Application, 2020-2027
      1.     Africa 
        1. Market Estimates & Forecast, 2020-2027
    77. & Forecast by Type, 2020-2027
      1. Market Estimates & Forecast by
    78. Application, 2020-2027
      1.     Rest of the Middle East &
    79. Africa 
      1. Market Estimates & Forecast, 2020-2027
    80. Market Estimates & Forecast by Type, 2020-2027
      1. Market Estimates
    81. & Forecast by Application, 2020-2027
      1.     Latin America
        1. Market Estimates & Forecast, 2020-2027
        2. Market Estimates &
    82. Forecast by Type, 2020-2027
      1. Market Estimates & Forecast by Application,
        1.     Brazil 
    83. & Forecast, 2020-2027
      1. Market Estimates & Forecast by Type,
        1. Market Estimates & Forecast by Application, 2020-2027
        2.     Argentina 
    84. Market Estimates & Forecast by Application, 2020-2027
    85.  Mexico 
      1. Market Estimates & Forecast, 2020-2027
    86. Market Estimates & Forecast by Type, 2020-2027
      1. Market Estimates
    87. & Forecast by Application, 2020-2027
      1.     Rest of Latin
    88. America 
      1. Market Estimates & Forecast, 2020-2027
    89. Market Estimates & Forecast by Type, 2020-2027
      1. Market Estimates
    90. & Forecast by Application, 2020-2027
    91.     Competitive Landscape
      1.     Introduction
    92.  Market Key Strategies
      1.      Key Development Analysis 
    93. (Expansions/Mergers & Acquisitions/Joint Ventures/New 
    94. Developments/Agreements/Investments)
    95.     Company Profiles  
      1.     Covestro
        1.     Company
    96. Overview
      1.     Financial Updates
    97.  Product/Business Segment Overview
      1.     Key Developments
        1.     SWOT Analysis
        2.     Key Strategies
    98.  11.2     Huntsman Corporation
      1.     Company
    99. Overview
      1.     Financial Updates
    100.  Product/Business Segment Overview
      1.     Key Developments
        1.     SWOT Analysis
        2.     Key Strategies
      2.     3M
        1.     Company Overview
    101.  Financial Updates
      1.     Product/Business Segment Overview
        1.     Key Developments
        2.     SWOT Analysis
        3.     Key Strategies
    102.  11.4    BASF
    103. SE
      1.     Company Overview
        1.     Financial
    104. Updates
      1.     Product/Business Segment Overview
    105.  Key Developments
      1.     SWOT Analysis
    106.  Key Strategies
      1.     The Lubrizol Corporation
    107.  Company Overview
      1.     Financial Updates
    108.  Product/Business Segment Overview
      1.     Key Developments
        1.     SWOT Analysis
        2.     Key Strategies
      2.     DuPont
        1.     Company Overview
        2.     Financial Updates
        3.     Product/Business
    109. Segment Overview
      1.     Key Developments
    110.  SWOT Analysis
      1.     Key Strategies
    111.  Permali Gloucester Limited
      1.     Company Overview
        1.     Financial Updates
        2.     Product/Business
    112. Segment Overview
      1.     Key Developments
    113.  SWOT Analysis
      1.     Key Strategies
    114.  ADDEV Materials
      1.     Company Overview
    115.  Financial Updates
      1.     Product/Business Segment Overview
        1.     Key Developments
        2.     SWOT Analysis
        3.     Key Strategies
      2.     American Polyfilm,
    116. Inc 
      1.     Company Overview
    117.  Financial Updates
      1.     Product/Business Segment Overview
        1.     Key Developments
        2.     SWOT Analysis
        3.     Key Strategies
      2.     DSM
    118.  Company Overview
      1.     Financial Updates
    119.  Product/Business Segment Overview
      1.     Key Developments
        1.     SWOT Analysis
        2.     Key Strategies
    120.     Conclusion
    121. by Region, 2020-2027  
    122. Polyurethane Films  Market, by Country, 2020-2027  
    123.  Europe: Thermoplastic Polyurethane Films  Market, by Country, 2020-2027
    124.  Market, by Country, 2020-2027  
    125. East & Africa: Thermoplastic Polyurethane Films  Market, by Country, 2020-2027
    126. Films  Market, by Country, 2020-2027  
    127. Polyurethane Films  Type Market, by Region, 2020-2027  
    128.  North America: Thermoplastic Polyurethane Films  Type Market, by Country,
    129. Films  Type Market, by Country, 2020-2027  
    130.  Asia-Pacific: Thermoplastic Polyurethane Films  Product Market, by Country,
    131. Polyurethane Films  Type Market, by Country, 2020-2027  
    132.  Latin America: Thermoplastic Polyurethane Films  Type Market, by Country,
    133.  Application Market, by Region, 2020-2027  
    134.  North America: Thermoplastic Polyurethane Films  Application Market,
    135. by Country, 2020-2027  
    136. Polyurethane Films  Application Market, by Country, 2020-2027  
    137.     Asia-Pacific: Thermoplastic Polyurethane Films  Application
    138. Market, by Country, 2020-2027  
    139. & Africa: Thermoplastic Polyurethane Films Application Market, by Country, 2020-2027
    140. Films  Application Market, by Country, 2020-2027 
    141. Films  Market Segmentation
    142.   Porter’s Five Forces Analysis of Thermoplastic Polyurethane Films
    143.  Market
    144.  Market
    145. by Country, 2020 (%)
    146.  Market, 2020-2027
    147.   Thermoplastic Polyurethane Films  Market size, by Type, 2020 (%)
    148. Polyurethane Films  Market size, by Application, 2020 (%)
    149. of Thermoplastic Polyurethane Films  Market, by Application, 2020-2027

    Thermoplastic Polyurethane Films Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Thermoplastic Polyurethane Films Market Report - Global Forecast till 2032 Infographic
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