| Product Code: ETC8052973 | 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 |
In 2024, Lithuania`s import shipments of thermoplastic polyurethane continued to show steady growth, with key exporting countries being Germany, Italy, Sweden, Poland, and Finland. The market remained competitive with low concentration levels indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 6.49%, demonstrating sustained expansion. Additionally, the growth rate in 2024 alone was 5.47%, highlighting the continued momentum in the import market for thermoplastic polyurethane in Lithuania.

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 Lithuania Thermoplastic Polyurethane Market Overview |
3.1 Lithuania Country Macro Economic Indicators |
3.2 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, 2021 & 2031F |
3.3 Lithuania Thermoplastic Polyurethane Market - Industry Life Cycle |
3.4 Lithuania Thermoplastic Polyurethane Market - Porter's Five Forces |
3.5 Lithuania Thermoplastic Polyurethane Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lithuania Thermoplastic Polyurethane Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Lithuania Thermoplastic Polyurethane Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Lithuania Thermoplastic Polyurethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable materials in various industries |
4.2.2 Increasing adoption of thermoplastic polyurethane in automotive, footwear, and textile industries |
4.2.3 Technological advancements leading to the development of innovative TPU products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from other materials like PVC, rubber, and silicone |
4.3.3 Stringent regulations related to environmental concerns and chemical usage |
5 Lithuania Thermoplastic Polyurethane Market Trends |
6 Lithuania Thermoplastic Polyurethane Market, By Types |
6.1 Lithuania Thermoplastic Polyurethane Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Polyester-based Thermoplastic Polyurethane, 2021- 2031F |
6.1.4 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Polyether-based Thermoplastic Polyurethane, 2021- 2031F |
6.1.5 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Polycaprolactone-based Thermoplastic Polyurethane, 2021- 2031F |
6.2 Lithuania Thermoplastic Polyurethane Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Medical Tubing, 2021- 2031F |
6.2.3 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Wound Care, 2021- 2031F |
6.2.4 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Medical Devices and Components, 2021- 2031F |
6.2.5 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Orthopedic Devices, 2021- 2031F |
6.3 Lithuania Thermoplastic Polyurethane Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Hospitals and Clinics, 2021- 2031F |
6.3.3 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Medical Device Manufacturers, 2021- 2031F |
6.3.4 Lithuania Thermoplastic Polyurethane Market Revenues & Volume, By Home healthcare, 2021- 2031F |
7 Lithuania Thermoplastic Polyurethane Market Import-Export Trade Statistics |
7.1 Lithuania Thermoplastic Polyurethane Market Export to Major Countries |
7.2 Lithuania Thermoplastic Polyurethane Market Imports from Major Countries |
8 Lithuania Thermoplastic Polyurethane Market Key Performance Indicators |
8.1 Research and development investment in new TPU formulations |
8.2 Number of collaborations or partnerships with key industries for TPU applications |
8.3 Percentage of revenue from new TPU applications |
8.4 Customer satisfaction and repeat business rate for TPU products |
9 Lithuania Thermoplastic Polyurethane Market - Opportunity Assessment |
9.1 Lithuania Thermoplastic Polyurethane Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lithuania Thermoplastic Polyurethane Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Lithuania Thermoplastic Polyurethane Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Lithuania Thermoplastic Polyurethane Market - Competitive Landscape |
10.1 Lithuania Thermoplastic Polyurethane Market Revenue Share, By Companies, 2024 |
10.2 Lithuania 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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