Thermoplastic Polyurethane Films Market To Reach $716.82 Million By 2033

Thermoplastic Polyurethane Films Market Growth & Trends

The global thermoplastic polyurethane films market size is expected to reach USD 716.82 million by 2033, registering a CAGR of 6.3% from 2026 to 2033, according to a new report by Grand View Research, Inc.  Thermoplastic polyurethane (TPU) films are produced from TPU pellets, manufactured using polyether polyurethanes or polyester polyurethanes.

Asia Pacific dominates the market in terms of TPU film production as well as consumption, on account of being a leading market for automobiles, sports goods, and construction. China and India have overshadowed other Asian markets, accounting for more than 60.0% of the total regional volume in 2022. Moreover, growing environmental concerns regarding the use of various plastics have also helped in technological advancements in the region. Asia Pacific is also a hub for major TPU film production with large production capacities of the companies such as Huntsman, Nippon, Lubrizol, etc.

The growth of the global automobile industry is considered to be a key macro factor behind the growing demand for TPU films. TPU films are largely used in the automobile industry and account for the largest share of the global market. Thermoplastic polyurethanes provide a holistic approach to auto parts manufacturing by covering all of the aspects, owing to which they are vastly preferred by the automobile industry over other materials. TPU films are easy to use for a variety of manufacturing processes including flame and heat lamination or vacuum and platen pressing. TPU films exhibit excellent low-temperature flexibility and a soft hand.

Major players in the market are involved in new product launches, mergers & acquisitions, and collaborations to sustain the market competition. For instance, on April 22, 2022, Covestro AG decided to expand its production capacities for the thermoplastic polyurethane (TPU) films in the Bomlitz site in Germany, as well as the associated infrastructure and logistics. The new capacity is intended to meet the growing demand for the multilayer TPU films used in automotive interiors, construction, wound care, and outdoor clothing. The new facilities are scheduled for completion by the end of 2023.

 Request a free sample copy or view report summary: Thermoplastic Polyurethane Films Market Report

Thermoplastic Polyurethane Films Market Highlights

• By product, the polyether segment accounted for the largest share with 47.83% of the global market in 2025. It is anticipated that it will maintain its appeal during the forecast period.

• By application, the automotive segment accounted for the largest share of the market at 25.51% in 2025. TPU films are widely used in the aerospace industry for armrest surfaces, interior panels, seat cushions, masks, and aircraft wire & cable jacketing.

• Asia Pacific dominated the thermoplastic polyurethane films market with the largest revenue share of 33.61% in 2025.

• The China thermoplastic polyurethane films industry leads the Asia Pacific market, driven by robust growth in the automotive, electronics, and medical sectors.

Thermoplastic Polyurethane Films Market Segmentation

Grand View Research has segmented global thermoplastic polyurethane films market report based on product, application, and region:

Thermoplastic Polyurethane Films Product Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

• Polyether

• Polyester

• Polycaprolactone

Thermoplastic Polyurethane Films Application Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

• Automotive

• Railway

• Leisure

• Energy

• Building & Construction

• Furniture

• Aerospace

• Others

Thermoplastic Polyurethane Films Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Australia

  • Southeast Asia

• Central & South America

  • Brazil

  • Argentina

• Middle East & Africa

  • Saudi Arabia

  • UAE

  • South Africa

List Of Key Players Thermoplastic Polyurethane Films Market

• BASF SE

• Covestro AG

• Huntsman International LLC

• 3M

• AVERY DENNISON CORPORATION

• ARGOTEC (a Mativ brand)

• AMERICAN POLYFILM, INC.

• Dongguan Xionglin New Material Technology Co., Ltd.

• Permali Gloucester Ltd.