Global Polyurethane Elastomers Market - Analysis, Industry Size & Share
- varunkpdelhi
- May 31, 2023
- 3 min read
The global polyurethane elastomers market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the excellent properties of PU elastomers such as heat resistance, aging resistance, huge variety, flexibility, durability, and chemical resistance. Besides, rising demand from the automotive industry, footwear, and transportation industries is driving the global polyurethane elastomers market during the forecast period.

The Important Factors of the Global Polyurethane Elastomers Market
The availability of varied polyurethane elastomeric coating membranes with waterproofing, chemical and UV resistance coupled with a strong focus of the government on reducing the use of fossil raw materials are some of the factors positively influencing the growth of the global polyurethane elastomers market. Moreover, accelerating auto manufacturing activities and the growing popularity of polyurethane elastomers in the footwear industry are accelerating the market growth. Furthermore, increasing demand for bio-based polyurethane products, owing to growing environmental concerns is expected to boost the market growth in the coming years.
The global polyurethane elastomers market is segmented on the basis of type, application, and region. Based on type, the market has been categorized into thermoset polyurethane elastomer and thermoplastic polyurethane elastomer. The thermoset polyurethane elastomers dominated the market in 2021 and are expected to maintain their dominance over the next five years as well due to its various properties like high impact strength, greater load-bearing capacity, excellent resistance to oil and grease, and high resilience. Owing to these properties they are used in specific applications such as automotive & transportation, footwear, and building & construction.
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Some of the leading players in the global polyurethane elastomers market
The Dow Chemical Company
BASF, Covestro
Lubrizol
P+S Polyurethan-Elastomere
Tosoh
Wanhua Chemical
Huntsman
Trelleborg
Blackwell Plastics, etc
Attribute
Details
Historic Data
2017 – 2020
Estimated Year
2022
Forecast Period
2023 – 2027
Quantitative Units
Revenue in USD Million, Volume in Units, CAGR for 2017-2021 and 2022-2027
Report coverage
Revenue Forecast, Volume Forecast, Company Share, Competitive Landscape, Growth Factors, And Trends
Segments covered
· By Type
· By Application
Region scope
Asia Pacific; Europe & CIS; North America; South America; Middle East & Africa
Country scope
China, India, Japan, South Korea, Australia, Singapore, Malaysia, France, Germany, United Kingdom, Italy, Spain, United States, Mexico, Canada, Brazil, Argentina, Colombia, South Africa, Saudi Arabia, UAE, Qatar
Key companies profiled
The Dow Chemical Company, BASF, Covestro, Lubrizol, P+S Polyurethan-Elastomere, Tosoh, Wanhua Chemical, Huntsman, Trelleborg, Blackwell Plastics
Customization scope
10% free report customization with purchase. Addition or alteration to regional & segment scope.
Pricing and purchase options
Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
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Report Scope:
In this report, the global polyurethane elastomers market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Polyurethane Elastomers Market, By Type:
Thermoset Polyurethane Elastomer
Thermoplastic Polyurethane Elastomer
Polyurethane Elastomers Market, By Application:
Automotive & Transportation
Footwear
Building & Construction
Industrial Machinery
Others
Polyurethane Elastomers Market, by Region:
Asia Pacific
China
India
Japan
South Korea
Australia
Singapore
Malaysia
Europe & CIS
France
Germany
United Kingdom
Italy
Spain
North America
United States
Mexico
Canada
South America
Brazil
Argentina
Colombia
Middle East and Africa
South Africa
Saudi Arabia
UAE
Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global polyurethane elastomers market.
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