Polyurethane Elastomers Market, valued at USD 2.11 Billion in 2021, is projected to reach USD 3.26 Billion by 2029, exhibiting a CAGR of 5.6% during the forecast period

Polyurethane Elastomers Market Report Scope and Research Methodology

The report covers market trends from 2017 to forecast the market up to 2029, with special attention given to the impact of the COVID-19 pandemic on the demand and supply. The study analyzes the performance of select companies during the lockdown period, providing strategic insights into their operations. The report incorporates both qualitative and quantitative research methodologies to deliver accurate and reliable market data.

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What are Polyurethane Elastomers Market Dynamics?

The automotive industry, particularly in emerging countries, is a significant consumer of polyurethane elastomers, driving the global market's growth. Increasing emphasis on safety and fuel efficiency in automobiles has created a demand for high-quality, high-performance plastics. Polyurethane elastomers meet these requirements by enabling lighter vehicles, reducing emissions, and improving fuel efficiency. Additionally, the recovery of the global footwear industry and the growing demand for polyurethane elastomers in the production of comfortable and durable footwear further fuel market growth.

However, fluctuations in crude oil prices pose a challenge to the polyurethane elastomers market. Nevertheless, the popularity of bio-based polyurethane elastomers presents abundant opportunities for market expansion. Stringent government regulations aimed at reducing carbon dioxide emissions also contribute to market growth.

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What is Polyurethane Elastomers Market Segmentation?

By Type
• Thermoplastic PU Elastomers
• Thermoset PU Elastomers

By Application
• Footwear
• Automotive & Transportation
• Building & Construction
• Industrial Machinery

By Additive
• Pigments
• Blowing agents
• Fillers
• Smoke Retardants
• Flame Retardants

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Who are Polyurethane Elastomers Market Key Players?

• BASF
• Huntsman
• The Dow Chemical Company
• Covestro
• Chemtura Corporation
• Mitsui Chemicals
• Lubrizol
• Tosoh
• P+S Polyurethan-Elastomere
• Wanhua Chemical
• Trelleborg
• Headway Group
• Coim Group
• Inoac Corporation
• Accella Polyurethane Systems

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Table of content for the Polyurethane Elastomers Market includes:

1. Global Polyurethane Elastomers Market: Research Methodology

2. Global Polyurethane Elastomers Market: Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

3. Global Polyurethane Elastomers Market: Competitive Analysis

• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact

4. Global Polyurethane Elastomers Market Segmentation

• Global Market, by Type (2021-2029)
• Global Market, by Application (2021-2029)
• Global Market, by Additive (2021-2029)

5. Regional Polyurethane Elastomers Market (2021-2029)

• Regional Market, by Type (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Additive (2021-2029)
• Regional Market, by Country (2021-2029)

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

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Regional Insights:

Asia Pacific held the largest market share in 2021, driven by the rapid growth of end-use sectors such as furniture, electronics, packaging, automotive, and construction. The region offers advantages in terms of land availability and cost-effective labor, attracting manufacturers and fostering market growth. The shift in manufacturing operations to emerging economies like China and India is expected to positively impact the market during the forecast period. Furthermore, increasing consumer awareness of lightweight and sustainable polyurethane products, along with rising construction spending and furniture demand, contributes to the region's market growth.

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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