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Thermoplastic Polyurethane (TPU) Market Thermoplastic polyurethane refers to a highly versatile elastomer that comes with unique characteristics that offer flexibility in processing and superior performance as well. Thermoplastic polyurethane is considered an ideal polymer for use across a wide variety of applications in several end use segments, including specialty molded parts, film and sheet, footwear, adhesives, wire and cable, and compounding. Thermoplastic polyurethane has been offering several benefits to various end users, manufacturers, and designers for more than 60 years. The growing demand for the product is likely to drive the global thermoplastic polyurethane (TPU) market in the years to come.