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Industrial PU Elastomers Market Booming Worldwide with Latest Trend and Future Scope by 2029

09-08-2023 10:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Industrial PU Elastomers Market Booming Worldwide with Latest

Industrial PU elastomers market is anticipated to grow at a significant CAGR of 6.4% during the forecast period. The growing usage of industrial PU elastomer in different industries is a key factor driving the market growth. The PU is a polymer with isocyanate and polyols linkage arranged in an alternate manner. The elastomers of PU have various properties including abrasive resistance, electric insulation, and reduced weight which makes it a suitable material to be used for different types of industrial applications. Additionally, it can withstand extreme weather conditions which makes it suitable to be used in marine and aerospace applications. Thus, the rising demand for PU elastomers from various industries including the packaging industry is expected to drive market growth during the forecast period.

However, the establishment of a manufacturing facility of PU elastomers requires a high amount of investment. Additionally, a high level of technical expertization is required for its manufacturing which restrains the market growth. Apart from this, compounding grades of polyethylene, polypropylene, and acrylonitrile butadiene styrene are developed which have similar properties to industrial PU elastomers and are economical in cost. Thus, these product alternatives create touch competition for the industrial PU elastomers market.

To Request a Sample of our Report on Industrial PU Elastomers Market: https://www.omrglobal.com/request-sample/industrial-pu-elastomers-market

Market Coverage

The market number available for - 2021-2029
Base year- 2022
Forecast period- 2022-2029
Segment Covered-

By Type
By Additives
By Application
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- BASF SE, Bayer CropScience Ltd., DuPont de Nemours, Inc., The Dow Chemical Co., 3M Co., and others.
Industrial PU Elastomers Market Report Segment

By Type

Thermosetting PU Elastomers
Thermoplastic PU Elastomers
By Additives

Pigments
Blowing Agents
Fillers
Smoke Retardants
Flame Retardants
By Application

Transportation
Industrial
Building & Construction
Medical
Footwear
Others (including Mining Equipment, Furniture, Adhesives and Sealants)
A full Report of Industrial PU Elastomers Market is Available @ https://www.omrglobal.com/industry-reports/industrial-pu-elastomers-market

Industrial PU Elastomers Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East and Africa
Company Profiles

3M Co.
Accella Polyurethane Systems
Argonics, Inc.
BASF SE
Bayer CropScience Ltd.
Blackwell Plastics LLP
BSW Berleburger Schaumstoffwerk GmbH
Covestro AG
DuPont de Nemours, Inc.
Herikon BV
Huntsman International LLC
LANXESS AG
Mitsui Chemicals, Inc.
P+S Polyurethan-Elastomere GmbH & Co. KG
The Dow Chemical Co.
The Lubrizol Corp.
Tosoh Corp.
Trelleborg AB
VCM Polyurethanes Pvt. Ltd.
Wanhua Chemical Group Co.,Ltd.
Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/industrial-pu-elastomers-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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