Global Polyurethane Elastomer Market 2022-2026

Global Polyurethane Elastomer Market 2022-2026

Technavio has been monitoring the polyurethane elastomer market and it is poised to grow by $ 5545.37 million during 2022-2026 progressing at a CAGR of 6.82% during the forecast period. Our report on the polyurethane elastomer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing consumption of polyurethane elastomers in the automotive industry, increasing demand from the footwear industry, and growing demand for minimally invasive surgical procedures.

The polyurethane elastomer market analysis includes the end-user segment and geographic landscape.

Technavio's polyurethane elastomer market is segmented as below:

By End-user

• Automotive
• Building and construction
• Footwear
• Electrical and electronics
• Others

By Geographic

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the burgeoning construction industry as one of the prime reasons driving the polyurethane elastomer market growth during the next few years. Also, growth opportunities in emerging economies such as China and India and increasing demand for bio-based polyurethane products will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on polyurethane elastomer market covers the following areas:

• Polyurethane elastomer market sizing
• Polyurethane elastomer market forecast
• Polyurethane elastomer market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polyurethane elastomer market vendors that include American Urethane, Argonics Inc., BASF SE, Cellular Mouldings Ltd., Covestro AG, Dow Inc., DuPont de Nemours Inc., Era Polymers Pty Ltd., Galagher Corp., Herikon B.V., Huntsman Corp., LyondellBasell Industries NV, Manali Petrochemicals Ltd., The Lubrizol Corp., Trelleborg AB, VCM Polyurethanes Pvt. Ltd., Wanhua Chemical Group Co. Ltd., China Petrochemical Corp., LANXESS AG, and Mitsui Chemicals Inc. Also, the polyurethane elastomer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

American Urethane, Argonics Inc., BASF SE, Cellular Mouldings Ltd., Covestro AG, Dow Inc., DuPont de Nemours Inc., Era Polymers Pty Ltd., Galagher Corp., Herikon B.V., Huntsman Corp., LyondellBasell Industries NV, Manali Petrochemicals Ltd., The Lubrizol Corp., Trelleborg AB, VCM Polyurethanes Pvt. Ltd., Wanhua Chemical Group Co. Ltd., China Petrochemical Corp., LANXESS AG, Mitsui Chemicals Inc.