Hydrophilic Polyurethane Elastomers Market to Reach US$ 1.47 Billion by 2031, Driven by Rising Healthcare Demand and Growth in Smart, Moisture-Managing Materials | QY Research

Market Summary -
The global market for Hydrophilic Polyurethane Elastomers was estimated to be worth US$ 968 million in 2024 and is forecast to reach a readjusted size of US$ 1,465 million by 2031, expanding at a CAGR of 6.1% during the forecast period 2025-2031.

According to QY Research, the newly published report titled "Global Hydrophilic Polyurethane Elastomers Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031" provides a comprehensive, data-driven evaluation of the global hydrophilic polyurethane elastomers market. The report is designed to help material producers, downstream manufacturers, investors, and policymakers understand evolving demand patterns, competitive positioning, and long-term growth opportunities across key industries.

Get Full PDF Sample Copy of the Report (Including Full TOC, Tables & Charts):
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Trade Policy Impact and Supply Chain Assessment -
Potential shifts in the 2025 U.S. tariff framework are expected to introduce uncertainty across global polymer and specialty materials supply chains. This report provides an in-depth assessment of recent tariff adjustments and international countermeasures, analyzing their impact on Hydrophilic Polyurethane Elastomers manufacturing footprints, cross-border trade flows, raw material sourcing, and capital allocation strategies. These insights support stakeholders in mitigating risks and improving supply chain resilience.

Product Definition and Technology Overview -
Hydrophilic polyurethane elastomers are soft, flexible polymers engineered to absorb and retain water while maintaining mechanical integrity and elasticity. They are synthesized by incorporating hydrophilic segments-typically polyethylene glycol (PEG) or other polyether-based diols-into the polyurethane backbone, enabling controlled water uptake and swelling behavior.

In 2024, global production of hydrophilic polyurethane elastomers reached approximately 690 kilotons, with an average global market price of around US$ 1,400 per ton. These materials exhibit excellent biocompatibility, flexibility, and tunable swelling properties, making them well suited for wound dressings, biomedical implants, catheters, moisture-absorbing coatings, smart textiles, hygiene products, and controlled drug delivery systems. Their ability to perform reliably in moist or aqueous environments is a key advantage over conventional elastomers.

Market Drivers and Industry Trends -
The primary growth driver for hydrophilic polyurethane elastomers is the expanding demand for advanced biomaterials in healthcare and medical applications. Rising use in wound care, minimally invasive medical devices, and drug delivery systems highlights the importance of moisture management, softness, and biocompatibility.

Beyond healthcare, adoption is increasing in smart textiles, consumer products, electronics protection, and water-absorbing coatings, where comfort, durability, and environmental resistance are critical. Additionally, environmental regulations and sustainability goals are encouraging the development of water-based and eco-friendly polyurethane systems, further accelerating innovation in hydrophilic elastomer formulations.

Regional Market Outlook -
The report provides detailed regional and country-level analysis across major markets:
► Asia-Pacific: The largest and fastest-growing region, driven by strong manufacturing capacity, expanding healthcare infrastructure, and rapid adoption of advanced materials in China, Japan, South Korea, and India
► Europe: Supported by medical technology innovation, sustainability regulations, and demand for high-performance polymers
► North America: Driven by advanced healthcare applications, strong R&D investment, and demand for specialty elastomers in consumer and industrial products

Competitive Landscape -
The global Hydrophilic Polyurethane Elastomers market is moderately competitive, with a mix of multinational chemical companies and specialized elastomer producers focusing on formulation innovation, application-specific performance, and global supply capabilities.

Key companies profiled in the report include:
► Huntsman
► Covestro
► Dow
► BASF
► Lubrizol
► Wanhua Chemical
► Mitsui Chemicals

In 2024, leading manufacturers accounted for a significant share of global revenue, supported by strong technical expertise, diversified product portfolios, and established downstream relationships.

Market Segmentation Highlights -

By Type
► Polyether-based
► Polyester-based
► Polycarbonate-based

By Application
► Textile
► Construction
► Automotive
► Healthcare
► Electronics
► Consumer Products
► Others

Each segment is analyzed in terms of sales volume, revenue contribution, pricing trends, and future growth potential, enabling stakeholders to identify high-value opportunities.

Reasons to Procure This Report -
► Access accurate global, regional, and country-level sales volume and revenue forecasts through 2031
► Understand company market share, ranking, and competitive dynamics
► Evaluate the impact of tariffs, sustainability regulations, and supply chain shifts
► Identify high-growth applications and material types
► Support product development, capacity planning, and market expansion strategies with reliable market intelligence

Key Questions Answered in the Report -
► What is the current and projected size of the global Hydrophilic Polyurethane Elastomers market?
► Which applications and regions are driving demand growth?
► How are healthcare and sustainability trends influencing material innovation?
► Who are the leading market players, and how competitive is the landscape?
► What factors will shape market development through 2031?

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Table of Content:

1 Market Overview
1.1 Hydrophilic Polyurethane Elastomers Product Introduction
1.2 Global Hydrophilic Polyurethane Elastomers Market Size Forecast
1.2.1 Global Hydrophilic Polyurethane Elastomers Sales Value (2020-2031)
1.2.2 Global Hydrophilic Polyurethane Elastomers Sales Volume (2020-2031)
1.2.3 Global Hydrophilic Polyurethane Elastomers Sales Price (2020-2031)
1.3 Hydrophilic Polyurethane Elastomers Market Trends & Drivers
1.3.1 Hydrophilic Polyurethane Elastomers Industry Trends
1.3.2 Hydrophilic Polyurethane Elastomers Market Drivers & Opportunity
1.3.3 Hydrophilic Polyurethane Elastomers Market Challenges
1.3.4 Hydrophilic Polyurethane Elastomers Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Hydrophilic Polyurethane Elastomers Players Revenue Ranking (2024)
2.2 Global Hydrophilic Polyurethane Elastomers Revenue by Company (2020-2025)
2.3 Global Hydrophilic Polyurethane Elastomers Players Sales Volume Ranking (2024)
2.4 Global Hydrophilic Polyurethane Elastomers Sales Volume by Company Players (2020-2025)
2.5 Global Hydrophilic Polyurethane Elastomers Average Price by Company (2020-2025)
2.6 Key Manufacturers Hydrophilic Polyurethane Elastomers Manufacturing Base and Headquarters
2.7 Key Manufacturers Hydrophilic Polyurethane Elastomers Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Hydrophilic Polyurethane Elastomers
2.9 Hydrophilic Polyurethane Elastomers Market Competitive Analysis
2.9.1 Hydrophilic Polyurethane Elastomers Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Hydrophilic Polyurethane Elastomers Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Hydrophilic Polyurethane Elastomers as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Polyether-based
3.1.2 Polyester-based
3.1.3 Polycarbonate-based
3.2 Global Hydrophilic Polyurethane Elastomers Sales Value by Type
3.2.1 Global Hydrophilic Polyurethane Elastomers Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Hydrophilic Polyurethane Elastomers Sales Value, by Type (2020-2031)
3.2.3 Global Hydrophilic Polyurethane Elastomers Sales Value, by Type (%) (2020-2031)
3.3 Global Hydrophilic Polyurethane Elastomers Sales Volume by Type
3.3.1 Global Hydrophilic Polyurethane Elastomers Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Hydrophilic Polyurethane Elastomers Sales Volume, by Type (2020-2031)
3.3.3 Global Hydrophilic Polyurethane Elastomers Sales Volume, by Type (%) (2020-2031)
3.4 Global Hydrophilic Polyurethane Elastomers Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Textile
4.1.2 Construction
4.1.3 Automotive
4.1.4 Healthcare
4.1.5 Electronics
4.1.6 Consumer Products
4.1.7 Others
4.2 Global Hydrophilic Polyurethane Elastomers Sales Value by Application
4.2.1 Global Hydrophilic Polyurethane Elastomers Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Hydrophilic Polyurethane Elastomers Sales Value, by Application (2020-2031)
4.2.3 Global Hydrophilic Polyurethane Elastomers Sales Value, by Application (%) (2020-2031)
4.3 Global Hydrophilic Polyurethane Elastomers Sales Volume by Application
4.3.1 Global Hydrophilic Polyurethane Elastomers Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Hydrophilic Polyurethane Elastomers Sales Volume, by Application (2020-2031)
4.3.3 Global Hydrophilic Polyurethane Elastomers Sales Volume, by Application (%) (2020-2031)
4.4 Global Hydrophilic Polyurethane Elastomers Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Hydrophilic Polyurethane Elastomers Sales Value by Region
5.1.1 Global Hydrophilic Polyurethane Elastomers Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Hydrophilic Polyurethane Elastomers Sales Value by Region (2020-2025)
5.1.3 Global Hydrophilic Polyurethane Elastomers Sales Value by Region (2026-2031)
5.1.4 Global Hydrophilic Polyurethane Elastomers Sales Value by Region (%), (2020-2031)
5.2 Global Hydrophilic Polyurethane Elastomers Sales Volume by Region
5.2.1 Global Hydrophilic Polyurethane Elastomers Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Hydrophilic Polyurethane Elastomers Sales Volume by Region (2020-2025)
5.2.3 Global Hydrophilic Polyurethane Elastomers Sales Volume by Region (2026-2031)
5.2.4 Global Hydrophilic Polyurethane Elastomers Sales Volume by Region (%), (2020-2031)
5.3 Global Hydrophilic Polyurethane Elastomers Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
5.4.2 North America Hydrophilic Polyurethane Elastomers Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
5.5.2 Europe Hydrophilic Polyurethane Elastomers Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
5.6.2 Asia Pacific Hydrophilic Polyurethane Elastomers Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
5.7.2 South America Hydrophilic Polyurethane Elastomers Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
5.8.2 Middle East & Africa Hydrophilic Polyurethane Elastomers Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Hydrophilic Polyurethane Elastomers Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Hydrophilic Polyurethane Elastomers Sales Value and Sales Volume
6.2.1 Key Countries/Regions Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
6.2.2 Key Countries/Regions Hydrophilic Polyurethane Elastomers Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
6.3.2 United States Hydrophilic Polyurethane Elastomers Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Hydrophilic Polyurethane Elastomers Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
6.4.2 Europe Hydrophilic Polyurethane Elastomers Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Hydrophilic Polyurethane Elastomers Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
6.5.2 China Hydrophilic Polyurethane Elastomers Sales Value by Type (%), 2024 VS 2031
6.5.3 China Hydrophilic Polyurethane Elastomers Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
6.6.2 Japan Hydrophilic Polyurethane Elastomers Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Hydrophilic Polyurethane Elastomers Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
6.7.2 South Korea Hydrophilic Polyurethane Elastomers Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Hydrophilic Polyurethane Elastomers Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
6.8.2 Southeast Asia Hydrophilic Polyurethane Elastomers Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Hydrophilic Polyurethane Elastomers Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Hydrophilic Polyurethane Elastomers Sales Value, 2020-2031
6.9.2 India Hydrophilic Polyurethane Elastomers Sales Value by Type (%), 2024 VS 2031
6.9.3 India Hydrophilic Polyurethane Elastomers Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Huntsman
7.1.1 Huntsman Company Information
7.1.2 Huntsman Introduction and Business Overview
7.1.3 Huntsman Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Huntsman Hydrophilic Polyurethane Elastomers Product Offerings
7.1.5 Huntsman Recent Development
7.2 Covestro
7.2.1 Covestro Company Information
7.2.2 Covestro Introduction and Business Overview
7.2.3 Covestro Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Covestro Hydrophilic Polyurethane Elastomers Product Offerings
7.2.5 Covestro Recent Development
7.3 Dow
7.3.1 Dow Company Information
7.3.2 Dow Introduction and Business Overview
7.3.3 Dow Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Dow Hydrophilic Polyurethane Elastomers Product Offerings
7.3.5 Dow Recent Development
7.4 BASF
7.4.1 BASF Company Information
7.4.2 BASF Introduction and Business Overview
7.4.3 BASF Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 BASF Hydrophilic Polyurethane Elastomers Product Offerings
7.4.5 BASF Recent Development
7.5 Lubrizol
7.5.1 Lubrizol Company Information
7.5.2 Lubrizol Introduction and Business Overview
7.5.3 Lubrizol Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Lubrizol Hydrophilic Polyurethane Elastomers Product Offerings
7.5.5 Lubrizol Recent Development
7.6 Kraton
7.6.1 Kraton Company Information
7.6.2 Kraton Introduction and Business Overview
7.6.3 Kraton Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Kraton Hydrophilic Polyurethane Elastomers Product Offerings
7.6.5 Kraton Recent Development
7.7 Avient
7.7.1 Avient Company Information
7.7.2 Avient Introduction and Business Overview
7.7.3 Avient Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Avient Hydrophilic Polyurethane Elastomers Product Offerings
7.7.5 Avient Recent Development
7.8 Kuraray
7.8.1 Kuraray Company Information
7.8.2 Kuraray Introduction and Business Overview
7.8.3 Kuraray Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Kuraray Hydrophilic Polyurethane Elastomers Product Offerings
7.8.5 Kuraray Recent Development
7.9 Tosoh
7.9.1 Tosoh Company Information
7.9.2 Tosoh Introduction and Business Overview
7.9.3 Tosoh Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Tosoh Hydrophilic Polyurethane Elastomers Product Offerings
7.9.5 Tosoh Recent Development
7.10 INOAC
7.10.1 INOAC Company Information
7.10.2 INOAC Introduction and Business Overview
7.10.3 INOAC Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 INOAC Hydrophilic Polyurethane Elastomers Product Offerings
7.10.5 INOAC Recent Development
7.11 Sika
7.11.1 Sika Company Information
7.11.2 Sika Introduction and Business Overview
7.11.3 Sika Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Sika Hydrophilic Polyurethane Elastomers Product Offerings
7.11.5 Sika Recent Development
7.12 Coim Group
7.12.1 Coim Group Company Information
7.12.2 Coim Group Introduction and Business Overview
7.12.3 Coim Group Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Coim Group Hydrophilic Polyurethane Elastomers Product Offerings
7.12.5 Coim Group Recent Development
7.13 Mitsui Chemicals
7.13.1 Mitsui Chemicals Company Information
7.13.2 Mitsui Chemicals Introduction and Business Overview
7.13.3 Mitsui Chemicals Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Mitsui Chemicals Hydrophilic Polyurethane Elastomers Product Offerings
7.13.5 Mitsui Chemicals Recent Development
7.14 Enbi Group
7.14.1 Enbi Group Company Information
7.14.2 Enbi Group Introduction and Business Overview
7.14.3 Enbi Group Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Enbi Group Hydrophilic Polyurethane Elastomers Product Offerings
7.14.5 Enbi Group Recent Development
7.15 Huafon Group
7.15.1 Huafon Group Company Information
7.15.2 Huafon Group Introduction and Business Overview
7.15.3 Huafon Group Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 Huafon Group Hydrophilic Polyurethane Elastomers Product Offerings
7.15.5 Huafon Group Recent Development
7.16 Wanhua Chemical
7.16.1 Wanhua Chemical Company Information
7.16.2 Wanhua Chemical Introduction and Business Overview
7.16.3 Wanhua Chemical Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Wanhua Chemical Hydrophilic Polyurethane Elastomers Product Offerings
7.16.5 Wanhua Chemical Recent Development
7.17 Miracll Chemical
7.17.1 Miracll Chemical Company Information
7.17.2 Miracll Chemical Introduction and Business Overview
7.17.3 Miracll Chemical Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 Miracll Chemical Hydrophilic Polyurethane Elastomers Product Offerings
7.17.5 Miracll Chemical Recent Development
7.18 Ravago Chemicals
7.18.1 Ravago Chemicals Company Information
7.18.2 Ravago Chemicals Introduction and Business Overview
7.18.3 Ravago Chemicals Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.18.4 Ravago Chemicals Hydrophilic Polyurethane Elastomers Product Offerings
7.18.5 Ravago Chemicals Recent Development
7.19 APS Elastomers
7.19.1 APS Elastomers Company Information
7.19.2 APS Elastomers Introduction and Business Overview
7.19.3 APS Elastomers Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.19.4 APS Elastomers Hydrophilic Polyurethane Elastomers Product Offerings
7.19.5 APS Elastomers Recent Development
7.20 Xuchuan Chemical Group
7.20.1 Xuchuan Chemical Group Company Information
7.20.2 Xuchuan Chemical Group Introduction and Business Overview
7.20.3 Xuchuan Chemical Group Hydrophilic Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
7.20.4 Xuchuan Chemical Group Hydrophilic Polyurethane Elastomers Product Offerings
7.20.5 Xuchuan Chemical Group Recent Development
8 Industry Chain Analysis
8.1 Hydrophilic Polyurethane Elastomers Industrial Chain
8.2 Hydrophilic Polyurethane Elastomers Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Hydrophilic Polyurethane Elastomers Sales Model
8.5.2 Sales Channel
8.5.3 Hydrophilic Polyurethane Elastomers Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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