Press release
PU (Polyurethane) Elastomer Market Study by Growth Opportunities & Regional Players like Mitsui Chemicals, Inc, Covestro AG , Huntsman International LLC, The Dow Chemical Company. , BASF SE, BSW Berleburger Schaumstoffwerk GmbH
Polyurethane is a polymer developed of organic units connected by urethane link. Polyurethanes are created from the exothermic reactions between alcohols with two or more reactive hydroxyl groups per molecule and isocyanate that have more than one reactive isocyanate per molecule. Polyurethane elastomers are artificial or synthetic rubbers that are made of polymers. The polyurethane elastomers are deeply classified into thermosetting elastomers and thermoplastic elastomer. Majority of the polyurethane elastomers in the market are based on thermosetting polymers. The advantageous properties of polyurethane elastomer are its high efficiency, light weight and impact resistance. Mostly polyurethane is used in manufacturing of gaskets and foam seals, coaster, elevator, surface coatings, suspense coating and automotive industry and building and construction company.Global PU (Polyurethane) Elastomer Market research report proves to be a very significant component of business strategy. This Global PU (Polyurethane) Elastomer Market research report is an absolute overview of the market that covers various aspects of product definition, market segmentation based on various parameters, and the established vendor landscape. The analysis of this report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame. This report studies the potential and prospects of the market in the present and the future from various points of views.
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Market Analysis: Global PU (Polyurethane) Elastomer Market
The Global PU (Polyurethane) Elastomer Market is expected to reach USD 17.13 million by 2025, from USD 12.42 million in 2017 growing at a CAGR of 6.0% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Segmentation: Global PU (Polyurethane) Elastomer Market
Global PU (Polyurethane) Elastomer Market, By Product Type (Thermoset Polyurethane Elastomers, TPU(Thermoplastic polyurethane) Elastomers), Additives (Pigments, Blowing agents, fillers, Smoke Retardants, Flame Retardants), Application (Footwear, Automotive & Transportation, Industrial Machinery, Building & Construction), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)- Industry Trends and Forecast to 2025
Key Market Competitors: Global PU (Polyurethane) Elastomer Market
The key players operating in the global PU elastomer market are –
• Wanhua Chemical Group Co.,Ltd
• Tosoh Corporation
• The Lubrizol Corporation
The other players in the market are Mitsui Chemicals, Inc, Covestro AG , Huntsman International LLC, The Dow Chemical Company. , BASF SE, BSW Berleburger Schaumstoffwerk GmbH , DuPont, Bayer CropScience Limited , P+S Polyurethan-Elastomere GmbH & Co. KG, Accella Polyurethane Systems, 3M, among other.
In 2013, Tosoh Corporation constructed a plant which produces RZETA and is an emission free plant for polyurethane catalyst.
In 2015, Mitsui chemicals launched Fortimo and Stabio, in the market of polyurethane which is used in chemical and abrasion segments.
Detailed TOC of Global PU (Polyurethane) Elastomer Market Research Report:
1 Global PU (Polyurethane) Elastomer Market Overview
2 Industry Chain Analysis
3 Global PU (Polyurethane) Elastomer Market, by Type
4 Global PU (Polyurethane) Elastomer Market, by Application
5 Global PU (Polyurethane) Elastomer Production, Value by Region
6 Global PU (Polyurethane) Elastomer Production, Consumption, Export, Import by Regions
7 Global PU (Polyurethane) Elastomer Status and SWOT Analysis by Regions
8 Competitive Landscape
9 Global PU (Polyurethane) Elastomer Market Analysis and Forecast by Type and Application
10 Global PU (Polyurethane) Elastomer Market Analysis and Forecast by Region
11 New Project Feasibility Analysis
12 Research Finding and Conclusion
13 Appendix
Request for Detailed TOC: https://databridgemarketresearch.com/toc/?dbmr=global-pu-polyurethane-elastomer-market
Market Drivers: Global PU (Polyurethane) Elastomer Market
• Raising demand of acrylic monomers in hygienic products, detergents, and waste water treatment chemicals.
• Utilization of acrylate monomers for the improvement of operational efficiency for water based coatings.
• Major revenue contributor in the field of paints & coatings and adhesives & sealants industry.
Market Restraint: Global PU (Polyurethane) Elastomer Market
• Lower load capacities, which leads to lack of resistance in temperature and salts.
• In European chemical industry, the demand of butyl acrylate monomers decreased due to some unpredictable reasons.
Competitive Landscape: Global PU (Polyurethane) Elastomer Market
The global PU(Polyurethane) elastomer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes global PU(Polyurethane) elastomer market shares of for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Governments across the globe are investing significantly in the development of pipeline infrastructure in developing countries such as India, China, and Brazil.
In 2014, Tosoh Corporation merged with Nippon Polyurethane Industry Co., Ltd. where its generated the efficiency in the integrated supply network.
Key Insights in the report:
• Historical and current market size and projection up to 2025.
• Market trends impacting the growth of the global PU elastomer market.
• Analyze and forecast elastomeric foam market on the basis of product, additives and application
• Trends of key regional and country-level markets for product, additives and application Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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Focus of the report:
• The study provides an in-depth analysis of the global Global PU (Polyurethane) Elastomer Market and current & future trends to elucidate imminent investment pockets.
• Changing market dynamics of the industry
• Strategies of key players and product offerings
• In-depth market segmentation
• Recent industry trends and developments
• Analyze and forecast Global PU (Polyurethane) Elastomer Market on the basis of type, function and application.
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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