Global Polyurethane Thermoset Elastomer (TSU) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Polyurethane Thermoset Elastomer (TSU) market size was valued at US$ 4630 million in 2024 and is forecast to a readjusted size of USD 6551 million by 2031 with a CAGR of 5.6% during review period.
Polyurethane Thermoset Elastomer (TSU) is a type of high-performance polymer material known for its exceptional elasticity and durability, and it belongs to the thermoset plastic family. It is produced through the chemical reaction between isocyanates and polyols, which results in a polymer that undergoes curing and forms a robust three-dimensional network structure. This structure gives polyurethane thermoset elastomers outstanding mechanical properties, chemical resistance, wear resistance, and high-temperature stability, making them widely used across various industrial sectors.
The product range of polyurethane thermoset elastomers is vast, covering applications such as shoe soles, automotive components, mechanical seals, gaskets, tires, industrial rollers, and elastic coatings. Due to their unique physical properties, TSUs find applications in areas where traditional rubber and plastic materials cannot meet the demands for high strength, elasticity, wear resistance, and aging resistance. For example, in the automotive industry, TSU materials are commonly used to manufacture suspension systems, shock absorbers, sealing rings, and other parts that improve the durability and comfort of vehicles.
In addition to traditional applications, polyurethane thermoset elastomers are gradually gaining prominence in sectors like medical, electronics, and aerospace. For instance, in the medical field, TSU is used to produce highly wear-resistant and corrosion-resistant precision parts; in electronics, it can be applied in battery casings, cable protection, and other areas, providing superior mechanical strength and electrical insulation properties.
As industrialization advances and the demand for high-performance materials continues to grow, the market for polyurethane thermoset elastomers (TSUs) is experiencing significant development opportunities. Below are several key market drivers:
1. Environmental Regulations and Sustainability: Stricter environmental regulations worldwide have increased the demand for low-emission, recyclable, and sustainable materials. Polyurethane thermoset elastomers, with their excellent durability and relatively low environmental impact, have become an ideal alternative material. In particular, in the automotive industry, the growing demand for more eco-friendly automotive components has led to a wider application of TSU materials.
2. Rising Demand for High Performance: With technological advancements, many industries are demanding higher material performance, especially in automotive, aerospace, electronics, and medical sectors. TSUs, with their outstanding wear resistance, high-temperature stability, and mechanical strength, are becoming the ideal choice for high-performance components in these industries.
3. Cost-effectiveness and Durability: Polyurethane thermoset elastomers offer high cost-effectiveness. Although their initial cost is higher, their superior durability and longer service life make them more economical in the long run compared to traditional materials, making TSUs attractive in various industries.
However, the market also faces several risks and challenges:
1. Raw Material Price Fluctuations: The production of polyurethane thermoset elastomers relies on chemical raw materials such as isocyanates and polyols, whose price fluctuations may affect the overall production cost of the final product.
2. Market Concentration: Currently, the polyurethane thermoset elastomer market is relatively concentrated, with a few large companies dominating the industry. This may limit the entry of emerging small companies and increase competition in the market.
3. Technological Complexity and R&D Investment: The production process for polyurethane thermoset elastomers is complex and involves high technical barriers. Particularly in high-performance applications, technological innovation and R&D investment are crucial. Companies that fail to continue innovating may face the risk of losing market share to competitors.
Regarding downstream demand trends, the growing automotive industry and healthcare sector are driving increasing demand for TSU materials. In particular, with the rise of electric vehicles and smart cars, the demand for TSUs in automotive components is expanding. Additionally, as smart electronic devices and high-precision medical instruments continue to grow, demand for TSU materials is also on the rise.
In terms of latest technologies, the production processes for polyurethane thermoset elastomers are continuously evolving. In recent years, technologies such as laser welding, 3D printing, and nanotechnology have gradually been applied to the processing and manufacturing of polyurethane materials, improving their performance and manufacturing precision. At the same time, the introduction of smart manufacturing processes has significantly increased production efficiency and reduced manufacturing costs.
This report is a detailed and comprehensive analysis for global Polyurethane Thermoset Elastomer (TSU) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Polyurethane Thermoset Elastomer (TSU) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Polyurethane Thermoset Elastomer (TSU) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Polyurethane Thermoset Elastomer (TSU) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Polyurethane Thermoset Elastomer (TSU) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Polyurethane Thermoset Elastomer (TSU)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Polyurethane Thermoset Elastomer (TSU) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Covestro, Huntsman, Lubrizol, Wanhua Chemical, SABIC, 3M, Globe Composite, Tosoh, Mayser, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Polyurethane Thermoset Elastomer (TSU) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
High-Temperature Resistant TSU
Low-Temperature Resistant TSU
Market segment by Application
Industrial Rubber Products
Automotive Parts
Medical Components
Construction Materials
Footwear Materials
Others
Major players covered
BASF
Covestro
Huntsman
Lubrizol
Wanhua Chemical
SABIC
3M
Globe Composite
Tosoh
Mayser
Electrolube
Eurasia Belts
Plan Tech
Polyurethane Products
Bjb Enterprises
Fallline
Elastomer Engineering
Mebra Plastik
Innovative-Polymers
Mitsui Chemicals
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Polyurethane Thermoset Elastomer (TSU) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Polyurethane Thermoset Elastomer (TSU), with price, sales quantity, revenue, and global market share of Polyurethane Thermoset Elastomer (TSU) from 2020 to 2025.
Chapter 3, the Polyurethane Thermoset Elastomer (TSU) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Polyurethane Thermoset Elastomer (TSU) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Polyurethane Thermoset Elastomer (TSU) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Polyurethane Thermoset Elastomer (TSU).
Chapter 14 and 15, to describe Polyurethane Thermoset Elastomer (TSU) sales channel, distributors, customers, research findings and conclusion.
Polyurethane Thermoset Elastomer (TSU) is a type of high-performance polymer material known for its exceptional elasticity and durability, and it belongs to the thermoset plastic family. It is produced through the chemical reaction between isocyanates and polyols, which results in a polymer that undergoes curing and forms a robust three-dimensional network structure. This structure gives polyurethane thermoset elastomers outstanding mechanical properties, chemical resistance, wear resistance, and high-temperature stability, making them widely used across various industrial sectors.
The product range of polyurethane thermoset elastomers is vast, covering applications such as shoe soles, automotive components, mechanical seals, gaskets, tires, industrial rollers, and elastic coatings. Due to their unique physical properties, TSUs find applications in areas where traditional rubber and plastic materials cannot meet the demands for high strength, elasticity, wear resistance, and aging resistance. For example, in the automotive industry, TSU materials are commonly used to manufacture suspension systems, shock absorbers, sealing rings, and other parts that improve the durability and comfort of vehicles.
In addition to traditional applications, polyurethane thermoset elastomers are gradually gaining prominence in sectors like medical, electronics, and aerospace. For instance, in the medical field, TSU is used to produce highly wear-resistant and corrosion-resistant precision parts; in electronics, it can be applied in battery casings, cable protection, and other areas, providing superior mechanical strength and electrical insulation properties.
As industrialization advances and the demand for high-performance materials continues to grow, the market for polyurethane thermoset elastomers (TSUs) is experiencing significant development opportunities. Below are several key market drivers:
1. Environmental Regulations and Sustainability: Stricter environmental regulations worldwide have increased the demand for low-emission, recyclable, and sustainable materials. Polyurethane thermoset elastomers, with their excellent durability and relatively low environmental impact, have become an ideal alternative material. In particular, in the automotive industry, the growing demand for more eco-friendly automotive components has led to a wider application of TSU materials.
2. Rising Demand for High Performance: With technological advancements, many industries are demanding higher material performance, especially in automotive, aerospace, electronics, and medical sectors. TSUs, with their outstanding wear resistance, high-temperature stability, and mechanical strength, are becoming the ideal choice for high-performance components in these industries.
3. Cost-effectiveness and Durability: Polyurethane thermoset elastomers offer high cost-effectiveness. Although their initial cost is higher, their superior durability and longer service life make them more economical in the long run compared to traditional materials, making TSUs attractive in various industries.
However, the market also faces several risks and challenges:
1. Raw Material Price Fluctuations: The production of polyurethane thermoset elastomers relies on chemical raw materials such as isocyanates and polyols, whose price fluctuations may affect the overall production cost of the final product.
2. Market Concentration: Currently, the polyurethane thermoset elastomer market is relatively concentrated, with a few large companies dominating the industry. This may limit the entry of emerging small companies and increase competition in the market.
3. Technological Complexity and R&D Investment: The production process for polyurethane thermoset elastomers is complex and involves high technical barriers. Particularly in high-performance applications, technological innovation and R&D investment are crucial. Companies that fail to continue innovating may face the risk of losing market share to competitors.
Regarding downstream demand trends, the growing automotive industry and healthcare sector are driving increasing demand for TSU materials. In particular, with the rise of electric vehicles and smart cars, the demand for TSUs in automotive components is expanding. Additionally, as smart electronic devices and high-precision medical instruments continue to grow, demand for TSU materials is also on the rise.
In terms of latest technologies, the production processes for polyurethane thermoset elastomers are continuously evolving. In recent years, technologies such as laser welding, 3D printing, and nanotechnology have gradually been applied to the processing and manufacturing of polyurethane materials, improving their performance and manufacturing precision. At the same time, the introduction of smart manufacturing processes has significantly increased production efficiency and reduced manufacturing costs.
This report is a detailed and comprehensive analysis for global Polyurethane Thermoset Elastomer (TSU) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Polyurethane Thermoset Elastomer (TSU) market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Polyurethane Thermoset Elastomer (TSU) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Polyurethane Thermoset Elastomer (TSU) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Polyurethane Thermoset Elastomer (TSU) market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Polyurethane Thermoset Elastomer (TSU)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Polyurethane Thermoset Elastomer (TSU) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BASF, Covestro, Huntsman, Lubrizol, Wanhua Chemical, SABIC, 3M, Globe Composite, Tosoh, Mayser, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Polyurethane Thermoset Elastomer (TSU) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
High-Temperature Resistant TSU
Low-Temperature Resistant TSU
Market segment by Application
Industrial Rubber Products
Automotive Parts
Medical Components
Construction Materials
Footwear Materials
Others
Major players covered
BASF
Covestro
Huntsman
Lubrizol
Wanhua Chemical
SABIC
3M
Globe Composite
Tosoh
Mayser
Electrolube
Eurasia Belts
Plan Tech
Polyurethane Products
Bjb Enterprises
Fallline
Elastomer Engineering
Mebra Plastik
Innovative-Polymers
Mitsui Chemicals
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Polyurethane Thermoset Elastomer (TSU) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Polyurethane Thermoset Elastomer (TSU), with price, sales quantity, revenue, and global market share of Polyurethane Thermoset Elastomer (TSU) from 2020 to 2025.
Chapter 3, the Polyurethane Thermoset Elastomer (TSU) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Polyurethane Thermoset Elastomer (TSU) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Polyurethane Thermoset Elastomer (TSU) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Polyurethane Thermoset Elastomer (TSU).
Chapter 14 and 15, to describe Polyurethane Thermoset Elastomer (TSU) sales channel, distributors, customers, research findings and conclusion.
Table of Contents
136 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Polyurethane Thermoset Elastomer (TSU) by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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