The Global Thermoplastic Polyurethane (TPU) Films Market was valued at USD 542.8 Million in 2023 and is projected to reach USD 812.3 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 8.4% during the forecast period (2023–2028). This robust growth is being driven by increasing demand from the automotive and construction sectors, a surge in demand for high-performance materials in medical and healthcare applications, and the accelerating adoption of sustainable and recyclable material solutions across various industries.

As industries worldwide pivot towards materials that offer superior durability, flexibility, and environmental benefits, the spotlight is on the key polymer producers and film manufacturers driving innovation in material science. In this blog, we profile the Top 10 Companies in the Thermoplastic Polyurethane (TPU) Films Industry—a mix of chemical giants, specialty material producers, and innovation leaders shaping the future of high-performance films.

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2023-2028 Global and Regional Thermoplastic Polyurethane (TPU) Films Industry Status and Prospects Professional Market – View in Detailed Research Report

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Elastollan® TPU Films and Sheets

BASF is a global leader in the chemical industry and a major supplier of TPU raw materials and films. Its Elastollan® portfolio offers a wide range of TPU film grades known for their excellent mechanical properties, chemical resistance, and versatility across applications from automotive interiors to protective coverings.

Innovation & Sustainability Initiatives:

• Development of bio-based and recycled content TPU grades

• Focus on films for lightweight automotive components to improve fuel efficiency

• Commitment to carbon-neutral growth strategies by 2030

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9️⃣ 2. Covestro AG

Headquarters: Leverkusen, Germany
Key Offering: Platilon® and Desmopan® TPU Films

Covestro is a world-renowned supplier of high-performance polymers, with its TPU films being critical in applications requiring extreme durability and flexibility. The company’s films are used in automotive exterior parts, industrial hoses, and waterproof breathable textiles.

Innovation & Sustainability Initiatives:

• Pioneering CO2-based raw materials for TPU production

• Investment in circular economy projects for plastic waste recycling

Download FREE Sample Report:
2023-2028 Global and Regional Thermoplastic Polyurethane (TPU) Films Industry Status and Prospects Professional Market – View in Detailed Research Report

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8️⃣ 3. Huntsman International LLC

Headquarters: The Woodlands, Texas, USA
Key Offering: IROGRAN® and AVALON® TPU Films

Huntsman is a leading global manufacturer of differentiated organic chemicals, including a comprehensive range of TPU resins and films. Their products are engineered for high-performance applications in the energy sector (cable jacketing), aerospace (interior panels), and medical devices.

Innovation & Sustainability Initiatives:

• Development of non-phthalate plasticizer-based films for sensitive applications

• Emphasis on creating TPU solutions with reduced environmental footprint

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7️⃣ 4. 3M Company

Headquarters: Saint Paul, Minnesota, USA
Key Offering: Specialty TPU Films for Lamination and Protective Layers

3M leverages its expertise in adhesives and substrates to produce high-value TPU films used primarily as protective layers and laminates. These films are essential in graphic films, automotive wraps, and electronic device protection due to their conformability and durability.

Innovation & Sustainability Initiatives:

• Investment in films supporting renewable energy applications, such as wind blade protection

• 3M’s commitment to achieving carbon neutrality by 2050

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6️⃣ 5. AVERY DENNISON Corporation

Headquarters: Glendale, California, USA
Key Offering: Performance Films and Labeling Solutions with TPU components

Avery Dennison is a global materials science company specializing in the design and manufacture of a wide variety of labeling and functional materials. Their expertise includes incorporating TPU films into durable product labels, industrial tapes, and specialty graphics markets.

Innovation & Sustainability Initiatives:

• Development of RFID-enabled labels using durable TPU films for asset tracking

• Ambitious 2025 sustainability goals including waste and pollution reduction

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5️⃣ 6. PAR Group

Headquarters: Preston, United Kingdom
Key Offering: Polyurethane Films and Laminates

PAR Group is a specialist manufacturer of engineered polymer films and laminates, with a strong focus on TPU-based solutions. The company serves niche markets requiring high-performance materials, including military, marine, and architectural sectors.

Innovation & Sustainability Initiatives:

• Custom-engineered film solutions for demanding environmental conditions

• Focus on creating long-lifecycle products to reduce waste

Download FREE Sample Report:
2023-2028 Global and Regional Thermoplastic Polyurethane (TPU) Films Industry Status and Prospects Professional Market – View in Detailed Research Report

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4️⃣ 7. Wanhua Chemical Group Co., Ltd.

Headquarters: Yantai, China
Key Offering: Wanthane® TPU Resins and Films

Wanhua Chemical is one of the world’s largest producers of MDI and a rapidly growing player in the TPU market. The company offers a cost-competitive and diverse portfolio of TPU films that cater to the massive Asia-Pacific market, particularly in footwear, automotive, and electronics.

Innovation & Sustainability Initiatives:

• Significant R&D investment in biodegradable and bio-based TPU technologies

• Expansion of production capacity to meet global demand

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3️⃣ 8. Lubrizol Corporation

Headquarters: Wickliffe, Ohio, USA
Key Offering: Estane® TPU Engineered Polymers and Films

Lubrizol, a Berkshire Hathaway company, is a premier supplier of specialty chemicals, including its well-known Estane® TPU. The company’s films are recognized for their exceptional performance in medical devices, wire and cable, and automotive applications where reliability is critical.

Innovation & Sustainability Initiatives:

• Leading innovation in medical-grade TPU films for implantable devices

• Commitment to sustainable product design and reducing lifecycle impacts

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2️⃣ 9. Nippon Polyurethane Industry Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Coronate® and Pandex® TPU Films and Elastomers

NPU is a key TPU supplier in the Asian market with a strong technological foundation. The company produces high-purity, high-performance TPU films used in precision applications such as electronic displays, optical lenses, and high-end consumer goods.

Innovation & Sustainability Initiatives:

• Specialization in optically clear and ultra-thin TPU films

• R&D focused on enhancing recyclability of TPU products

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1️⃣ 10. Taiwan Pu Yuan Co., Ltd.

Headquarters: Taipei, Taiwan
Key Offering: Specialty TPU Films for Textile Lamination and Composites

Taiwan Pu Yuan is a significant manufacturer specializing in TPU films for textile lamination and composite materials. The company’s products are essential for producing waterproof, breathable fabrics for outdoor apparel, military gear, and medical garments.

Innovation & Sustainability Initiatives:

• Expertise in eco-friendly hot melt adhesive films for textile bonding

• Development of flame-retardant and antimicrobial TPU film variants

Read Full Report:
2023-2028 Global and Regional Thermoplastic Polyurethane (TPU) Films Industry Status and Prospects Professional Market – View in Detailed Research Report

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🌍 Outlook: The Future of TPU Films Is Smarter and More Sustainable

The TPU films market is undergoing a significant transformation. While traditional applications continue to drive volume, the industry is increasingly focused on developing advanced functional materials with enhanced properties like self-healing, smart responsiveness, and improved sustainability profiles.

📈 Key Trends Shaping the Market:

• Rising demand for bio-based and biodegradable TPU films in packaging and consumer goods

• Expansion in the medical sector for advanced wound care and device components

• Integration of TPU films in electric vehicle batteries and lightweight components

• Technological advancements in film extrusion and coating processes for superior performance

Read Full Report:
2023-2028 Global and Regional Thermoplastic Polyurethane (TPU) Films Industry Status and Prospects Professional Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials to a multitude of industries—they are pioneering the next generation of high-performance, sustainable polymer films.