The global demand for Polyurethane Elastomers Market is presumed to reach the market size of nearly USD 27.9 BN by 2030 from USD 17.23 BN in 2022 with a CAGR of 6.21% under the study period 2023 - 2030.
Polyurethane elastomers, commonly known as PU elastomers or simply polyurethanes, are a versatile class of synthetic polymers that exhibit both elastic and resilient properties. They are a type of polymer material which can be tailored to exhibit varied physical characteristics, making them suitable for various applications across industries.
Market Dynamics
The material's versatility and customizable properties make it suitable for diverse applications in automotive, construction, and consumer goods industry. Its mechanical strength, chemical resistance, and shock-absorbing qualities contribute to its popularity. Polyurethane elastomers also address sustainability concerns, with bio-based and eco-friendly formulations emerging. The expansion of infrastructure projects and consumer goods, as well as advancements in technology, bolster demand. This material often replaces traditional options due to its performance and cost-effectiveness. Global industrial growth, regulatory compliance, and the ability to dampen noise and vibration further contribute to the market's dynamics.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of polyurethane elastomers. The growth and trends of polyurethane elastomers industry provide a holistic approach to this study.
Market Segmentation
This section of the polyurethane elastomers market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Raw Material
- Isocyanates
- Polyols
- Curatives
By Application
- Wires And Cables
- Conveyor Belt
- Rollers
- Tires
- Seals
- Sprockets
- Shock Absorbers
- Bumpers
- Insulation
- Others
By End User Industry
- Automotive Industry
- Food And Beverage Industry
- Packaging Industry
- Aerospace And Aviation Industry
- Manufacturing Industries
- Construction Industry
- Fashion And Footwear Industry
- Electronics And Electrical Industry
- Oil And Gas Industry
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Polyurethane Elastomers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Polyurethane Elastomers Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Polyurethane Elastomers market include BASF, The Dow Chemical Company, Huntsman, Covestro, Mitsui Chemicals, Chemtura Corporation, Lubrizol, P+S Polyurethan-Elastomere, Tosoh, and Wanhua Chemical. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.