| Product Code: ETC7555483 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s import shipments of thermoplastic polyurethane in 2024 were primarily sourced from China, Singapore, Germany, Netherlands, and South Korea. Despite moderate concentration levels indicated by the HHI, the industry experienced a healthy compound annual growth rate (CAGR) of 7.96% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024, with a rate of -3.67%. The continued importation of thermoplastic polyurethane from these key exporting countries demonstrates the importance of these partnerships in meeting India`s demand for this versatile material.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Thermoplastic Polyurethane Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Thermoplastic Polyurethane Market Revenues & Volume, 2021 & 2031F |
3.3 India Thermoplastic Polyurethane Market - Industry Life Cycle |
3.4 India Thermoplastic Polyurethane Market - Porter's Five Forces |
3.5 India Thermoplastic Polyurethane Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Thermoplastic Polyurethane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Thermoplastic Polyurethane Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India Thermoplastic Polyurethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for thermoplastic polyurethane in automotive and footwear industries in India |
4.2.2 Growing awareness about the benefits of thermoplastic polyurethane over traditional materials |
4.2.3 Technological advancements leading to the development of new applications for thermoplastic polyurethane in India |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of thermoplastic polyurethane |
4.3.2 Stringent environmental regulations impacting the manufacturing processes of thermoplastic polyurethane in India |
4.3.3 Intense competition from other materials in the market, such as thermoset polyurethane and rubber |
5 India Thermoplastic Polyurethane Market Trends |
6 India Thermoplastic Polyurethane Market, By Types |
6.1 India Thermoplastic Polyurethane Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Thermoplastic Polyurethane Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Thermoplastic Polyurethane Market Revenues & Volume, By Polyester-based Thermoplastic Polyurethane, 2021- 2031F |
6.1.4 India Thermoplastic Polyurethane Market Revenues & Volume, By Polyether-based Thermoplastic Polyurethane, 2021- 2031F |
6.1.5 India Thermoplastic Polyurethane Market Revenues & Volume, By Polycaprolactone-based Thermoplastic Polyurethane, 2021- 2031F |
6.2 India Thermoplastic Polyurethane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Thermoplastic Polyurethane Market Revenues & Volume, By Medical Tubing, 2021- 2031F |
6.2.3 India Thermoplastic Polyurethane Market Revenues & Volume, By Wound Care, 2021- 2031F |
6.2.4 India Thermoplastic Polyurethane Market Revenues & Volume, By Medical Devices and Components, 2021- 2031F |
6.2.5 India Thermoplastic Polyurethane Market Revenues & Volume, By Orthopedic Devices, 2021- 2031F |
6.3 India Thermoplastic Polyurethane Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India Thermoplastic Polyurethane Market Revenues & Volume, By Hospitals and Clinics, 2021- 2031F |
6.3.3 India Thermoplastic Polyurethane Market Revenues & Volume, By Medical Device Manufacturers, 2021- 2031F |
6.3.4 India Thermoplastic Polyurethane Market Revenues & Volume, By Home healthcare, 2021- 2031F |
7 India Thermoplastic Polyurethane Market Import-Export Trade Statistics |
7.1 India Thermoplastic Polyurethane Market Export to Major Countries |
7.2 India Thermoplastic Polyurethane Market Imports from Major Countries |
8 India Thermoplastic Polyurethane Market Key Performance Indicators |
8.1 Adoption rate of thermoplastic polyurethane in new industries or applications in India |
8.2 Investment in research and development for enhancing the properties of thermoplastic polyurethane |
8.3 Number of patents filed for innovative uses or formulations of thermoplastic polyurethane in India |
9 India Thermoplastic Polyurethane Market - Opportunity Assessment |
9.1 India Thermoplastic Polyurethane Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Thermoplastic Polyurethane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Thermoplastic Polyurethane Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India Thermoplastic Polyurethane Market - Competitive Landscape |
10.1 India Thermoplastic Polyurethane Market Revenue Share, By Companies, 2024 |
10.2 India Thermoplastic Polyurethane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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