The global Aromatic Thermoplastic Polyurethane market size is predicted to grow from US$ 6359 million in 2025 to US$ 9010 million in 2032; it is expected to grow at a CAGR of 5.2% from 2026 to 2032.

Aromatic Thermoplastic Polyurethane (Aromatic TPU) is a class of thermoplastic polyurethane elastomers produced using aromatic diisocyanates, primarily MDI or TDI, as hard segment components. Its molecular structure consists of alternating flexible soft segments and rigid aromatic hard segments, combining rubber like elasticity with the reprocessability of thermoplastics. The material is typically supplied in pellet form and can be processed via injection molding, extrusion, calendaring, and hot melt lamination. It is characterized by excellent abrasion resistance, high tear and tensile strength, and a favorable cost performance balance. From a production perspective, manufacturing is mainly concentrated in China, Germany, the United States, Japan, and South Korea, where polyurethane industrial chains are well established. In terms of applications, aromatic TPU is widely used in footwear midsoles and outsoles, industrial hoses and belts, cable jacketing, films and laminates, sports equipment, and various injection molded elastic components, making it the most widely applied TPU category globally.

On a global basis, aromatic thermoplastic polyurethane production reached approximately 1.6?1.9 million metric tons in 2025, accounting for the majority of total TPU output. During the same period, typical FOB prices for aromatic TPU resins ranged from USD 2,800 to USD 4,500 per metric ton, with commodity grades priced toward the lower end and specialty or high abrasion grades commanding premiums.

Globally, the aromatic thermoplastic polyurethane market continues to benefit from manufacturing recovery and sustained demand for high performance elastic materials. Upgrading trends in footwear and sports goods, increasing industrial automation, and the growing structural complexity of consumer electronics are key drivers supporting market expansion. Its balanced combination of performance and cost efficiency reinforces its position as a mainstream elastomer in large scale industrial applications.

At the same time, the market faces notable challenges and risks. Volatility in aromatic diisocyanate supply and pricing introduces cost uncertainty for manufacturers, while tightening environmental regulations and growing sustainability awareness among brand owners are encouraging partial substitution toward materials with enhanced weather resistance or bio based content, creating structural pressure on conventional aromatic TPU demand.

From the perspective of downstream demand trends, the market is moving toward greater functional specialization and customization. Footwear and industrial products remain the core demand base, while electronics and high frequency use components increasingly require enhanced abrasion resistance, flexibility, and lightweight performance. As a result, aromatic thermoplastic polyurethane is evolving toward higher value added formulations and application specific grades, marking a transition from volume driven growth to performance oriented development.

Infinity Market Research newest research report, the ?Aromatic Thermoplastic Polyurethane Industry Forecast? looks at past sales and reviews total world Aromatic Thermoplastic Polyurethane sales in 2025, providing a comprehensive analysis by region and market sector of projected Aromatic Thermoplastic Polyurethane sales for 2026 through 2032. With Aromatic Thermoplastic Polyurethane sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aromatic Thermoplastic Polyurethane industry.

This Insight Report provides a comprehensive analysis of the global Aromatic Thermoplastic Polyurethane landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aromatic Thermoplastic Polyurethane portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Aromatic Thermoplastic Polyurethane market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aromatic Thermoplastic Polyurethane and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aromatic Thermoplastic Polyurethane.

This report presents a comprehensive overview, market shares, and growth opportunities of Aromatic Thermoplastic Polyurethane market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Pellets
    Powder
    Sheets and Films
    Segmentation by Chemical Structure:
    Polyester Based TPU
    Polyether Based TPU
    Polycaprolactone Based TPU
    Segmentation by Processing Technology:
    Injection Molding
    Extrusion Processing
    Calendering Processing
    Segmentation by Hardness Range:
    Shore A Soft Grades
    Shore A Medium Grades
    Shore D Hard Grades

Segmentation by Application:

    Footwear Industry
    Industrial Products
    Consumer Goods
    Others

This report also splits the market by region:

    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.

    BASF SE
    Covestro AG
    The Lubrizol Corporation
    Huntsman International LLC
    COIM Group
    Epaflex Polyurethanes SpA
    Nippon Miractran Co., Ltd.
    Dongsung Chemical Co., Ltd.
    Ilkwang Polymer (IKP)
    Taiwan PU Corporation (TPUCO)
    ICP DAS Co., Ltd. (BMP)
    Wanhua Chemical Group Co., Ltd.
    Miracll Chemicals Co., Ltd.
    Zhejiang Huafon Thermoplastic Polyurethane Co., Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aromatic Thermoplastic Polyurethane market?
What factors are driving Aromatic Thermoplastic Polyurethane market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Aromatic Thermoplastic Polyurethane market opportunities vary by end market size?
How does Aromatic Thermoplastic Polyurethane break out by Type, by Application?