Global Polyurethane Elastomer Market Research Report 2023

Report ID: 1914789 | Published Date: Jan 2025 | No. of Page: 106 | Base Year: 2024 | Rating: 4.1 | Webstory: Check our Web story

Polyurethane elastomer is a class of polyurethane material that has the characteristics of rubber. Being a polyurethane, it is a polymer derived from the reaction between a molecule with an isocyanate (R-N=C=O) functional group and a molecule with multiple alcohol groups (R-OH), called a polyol. The choice of isocyanate and polyol are what makes one polyurethane elastomeric rather than another type of polyurethane.

Manufactured materials and coatings made from Polyurethane elastomer are available. Besides being highly elastic, Polyurethane elastomers tend to have great abrasion resistance, tear strength, chemical resistance and wide temperature compatibility. Coatings are typically used to block moisture, which in certain circumstances can lead to detrimental effects such as corrosion.
Market Analysis and Insights: Global Polyurethane Elastomer Market
Due to the COVID-19 pandemic, the global Polyurethane Elastomer market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Thermoset PU Elastomers accounting for % of the Polyurethane Elastomer global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Footwear segment is altered to an % CAGR throughout this forecast period.
PU elastomers are majorly used in the footwear application for a perfect combination of ergonomics, microclimate, and sensation to deliver most comfortable experience to consumers. High abrasion resistance, light weight, and excellent long-term mechanical properties are preferable for hardwearing shoe soles. In addition, the growth in demand for PU elastomers is in response to its physical properties, such as enhanced resiliency, high mechanical strength, heat resistance, lower shrinkage, high filler capacity, durability and softness, resistance to hydrolysis, high rigidity, and resistance to chemicals. Low-density compact PU elastomers are used especially for mid-soles and outer soles.
Global Polyurethane Elastomer Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polyurethane Elastomer Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Thermoset PU Elastomers
Thermoplastic PU Elastomers
Segment by Application
Footwear
Automotive & Transportation
Industrial Machinery
Building & Construction
By Company
BASF
Dow Chemical
Huntsman
Covestro
Mitsui Chemicals
Lanxess
Lubrizol
P+S Polyurethan-Elastomere
Tosoh
Wanhua Chemical
Coim Group
Headway Group
Inoac
Accella Polyurethane Systems
Trelleborg
Reckli
Herikon
Cellular Mouldings
Blackwell Plastics
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina

Frequently Asked Questions
Polyurethane Elastomer report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Polyurethane Elastomer report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Polyurethane Elastomer report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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