Covid-19 Impact on Thermoplastic Polyurethane Market Pegged for Robust Expansion by 2028 The thermoplastic polyurethane market size was estimated at USD 2.6 billion in 2021 and is likely to grow at a CAGR of 8.07% during 2022-2028 to reach USD 4.51 billion in 2028. What is thermoplastic polyurethane? Thermoplastic Polyurethane is a polyurethane plastic form that has some of the common properties such as they are melt-processable and elastic in nature. Later on, it is processed through different options such as compression molding and injection for manufacturing end products such as footwear, wires and cables, and others. Thermoplastic Polyurethane is known for a number of properties like transparency, elasticity, and resistance to abrasion, grease, and oil. They are widely used in some of the common industries such as engineering, automotive, medical, footwear, wires and cables, building & construction, and others. COVID-19 IMPACT Thermoplastic polyurethane, a sizeable market, also couldn’t escape the pandemic and witnessed a huge decline as the pandemic largely influenced production. However, the market started to rebound in the year 2021 as assembly plants opened and the supply chain was revived. Read More: https://www.stratviewresearch.com/609/thermoplastic-polyurethane-market.html