
The global Polyurethane Elastomers market size is predicted to grow from US$ 6657 million in 2025 to US$ 9597 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.
Polyurethane elastomer is an elastic material made of polyurethane polymer, which has excellent elasticity, wear resistance and tear resistance. Polyurethane elastomer is a variety of polyurethane synthetic materials (other varieties refer to polyurethane foam plastics, polyurethane adhesives, polyurethane coatings and polyurethane fibers). Polyurethane elastomer is a polymer material that combines the advantages of rubber and plastic. Its molecular structure contains hard segments and soft segments. The hard segments provide mechanical strength, and the soft segments give the material elasticity and flexibility, which makes polyurethane elastomer suitable for a variety of applications.
Polyurethane elastomers are versatile materials widely used in various industries due to their exceptional mechanical properties, including high elasticity, abrasion resistance, and chemical stability. The global market is driven by demand in automotive, construction, footwear, and industrial applications. Innovations such as bio-based polyurethane elastomers and lightweight formulations are gaining traction, driven by sustainability trends. The Asia-Pacific region, especially China and India, dominates the market owing to rapid industrialization and urbanization. Meanwhile, developed markets in North America and Europe focus on high-performance and specialty applications. The industry faces challenges such as fluctuating raw material prices and environmental regulations, which are pushing manufacturers toward greener alternatives.
The “Polyurethane Elastomers Industry Forecast” looks at past sales and reviews total world Polyurethane Elastomers sales in 2024, providing a comprehensive analysis by region and market sector of projected Polyurethane Elastomers sales for 2025 through 2031. With Polyurethane Elastomers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polyurethane Elastomers industry.
This Insight Report provides a comprehensive analysis of the global Polyurethane Elastomers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polyurethane Elastomers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Polyurethane Elastomers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polyurethane Elastomers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polyurethane Elastomers.
This report presents a comprehensive overview, market shares, and growth opportunities of Polyurethane Elastomers market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Casting Polyurethane Elastomer (CPE)
Thermoplastic Polyurethane Elastomer (TPE)
Polyurethane Microcellular Elastomer
Mixed Polyurethane Elastomer(MPE) and Others
Segmentation by Application:
Automotive
Industrial Machinery
Electronics and Electrical Appliances
Medical Equipment
Sports and Leisure
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Huafeng Group
BASF
Lubrizol
Wanhua Chemical
Covestro
Yinoway
Merui New Materials
Huntsman
LANXESS
Zibo Huatian Rubber & Plastic Technology
Huide Technology
COIM Group
Epaflex
Trinseo
Hexpol
Avient
Zhongke Yourui
Key Questions Addressed in this Report
What is the 10-year outlook for the global Polyurethane Elastomers market?
What factors are driving Polyurethane Elastomers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Polyurethane Elastomers market opportunities vary by end market size?
How does Polyurethane Elastomers break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Polyurethane Elastomers Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Polyurethane Elastomers by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Polyurethane Elastomers by Country/Region, 2020, 2024 & 2031
2.2 Polyurethane Elastomers Segment by Type
2.2.1 Casting Polyurethane Elastomer (CPE)
2.2.2 Thermoplastic Polyurethane Elastomer (TPE)
2.2.3 Polyurethane Microcellular Elastomer
2.2.4 Mixed Polyurethane Elastomer(MPE) and Others
2.3 Polyurethane Elastomers Sales by Type
2.3.1 Global Polyurethane Elastomers Sales Market Share by Type (2020-2025)
2.3.2 Global Polyurethane Elastomers Revenue and Market Share by Type (2020-2025)
2.3.3 Global Polyurethane Elastomers Sale Price by Type (2020-2025)
2.4 Polyurethane Elastomers Segment by Application
2.4.1 Automotive
2.4.2 Industrial Machinery
2.4.3 Electronics and Electrical Appliances
2.4.4 Medical Equipment
2.4.5 Sports and Leisure
2.4.6 Other
2.5 Polyurethane Elastomers Sales by Application
2.5.1 Global Polyurethane Elastomers Sale Market Share by Application (2020-2025)
2.5.2 Global Polyurethane Elastomers Revenue and Market Share by Application (2020-2025)
2.5.3 Global Polyurethane Elastomers Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global Polyurethane Elastomers Breakdown Data by Company
3.1.1 Global Polyurethane Elastomers Annual Sales by Company (2020-2025)
3.1.2 Global Polyurethane Elastomers Sales Market Share by Company (2020-2025)
3.2 Global Polyurethane Elastomers Annual Revenue by Company (2020-2025)
3.2.1 Global Polyurethane Elastomers Revenue by Company (2020-2025)
3.2.2 Global Polyurethane Elastomers Revenue Market Share by Company (2020-2025)
3.3 Global Polyurethane Elastomers Sale Price by Company
3.4 Key Manufacturers Polyurethane Elastomers Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Polyurethane Elastomers Product Location Distribution
3.4.2 Players Polyurethane Elastomers Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Polyurethane Elastomers by Geographic Region
4.1 World Historic Polyurethane Elastomers Market Size by Geographic Region (2020-2025)
4.1.1 Global Polyurethane Elastomers Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Polyurethane Elastomers Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Polyurethane Elastomers Market Size by Country/Region (2020-2025)
4.2.1 Global Polyurethane Elastomers Annual Sales by Country/Region (2020-2025)
4.2.2 Global Polyurethane Elastomers Annual Revenue by Country/Region (2020-2025)
4.3 Americas Polyurethane Elastomers Sales Growth
4.4 APAC Polyurethane Elastomers Sales Growth
4.5 Europe Polyurethane Elastomers Sales Growth
4.6 Middle East & Africa Polyurethane Elastomers Sales Growth
5 Americas
5.1 Americas Polyurethane Elastomers Sales by Country
5.1.1 Americas Polyurethane Elastomers Sales by Country (2020-2025)
5.1.2 Americas Polyurethane Elastomers Revenue by Country (2020-2025)
5.2 Americas Polyurethane Elastomers Sales by Type (2020-2025)
5.3 Americas Polyurethane Elastomers Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Polyurethane Elastomers Sales by Region
6.1.1 APAC Polyurethane Elastomers Sales by Region (2020-2025)
6.1.2 APAC Polyurethane Elastomers Revenue by Region (2020-2025)
6.2 APAC Polyurethane Elastomers Sales by Type (2020-2025)
6.3 APAC Polyurethane Elastomers Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Polyurethane Elastomers by Country
7.1.1 Europe Polyurethane Elastomers Sales by Country (2020-2025)
7.1.2 Europe Polyurethane Elastomers Revenue by Country (2020-2025)
7.2 Europe Polyurethane Elastomers Sales by Type (2020-2025)
7.3 Europe Polyurethane Elastomers Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Polyurethane Elastomers by Country
8.1.1 Middle East & Africa Polyurethane Elastomers Sales by Country (2020-2025)
8.1.2 Middle East & Africa Polyurethane Elastomers Revenue by Country (2020-2025)
8.2 Middle East & Africa Polyurethane Elastomers Sales by Type (2020-2025)
8.3 Middle East & Africa Polyurethane Elastomers Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Polyurethane Elastomers
10.3 Manufacturing Process Analysis of Polyurethane Elastomers
10.4 Industry Chain Structure of Polyurethane Elastomers
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Polyurethane Elastomers Distributors
11.3 Polyurethane Elastomers Customer
12 World Forecast Review for Polyurethane Elastomers by Geographic Region
12.1 Global Polyurethane Elastomers Market Size Forecast by Region
12.1.1 Global Polyurethane Elastomers Forecast by Region (2026-2031)
12.1.2 Global Polyurethane Elastomers Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Polyurethane Elastomers Forecast by Type (2026-2031)
12.7 Global Polyurethane Elastomers Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Huafeng Group
13.1.1 Huafeng Group Company Information
13.1.2 Huafeng Group Polyurethane Elastomers Product Portfolios and Specifications
13.1.3 Huafeng Group Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Huafeng Group Main Business Overview
13.1.5 Huafeng Group Latest Developments
13.2 BASF
13.2.1 BASF Company Information
13.2.2 BASF Polyurethane Elastomers Product Portfolios and Specifications
13.2.3 BASF Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 BASF Main Business Overview
13.2.5 BASF Latest Developments
13.3 Lubrizol
13.3.1 Lubrizol Company Information
13.3.2 Lubrizol Polyurethane Elastomers Product Portfolios and Specifications
13.3.3 Lubrizol Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Lubrizol Main Business Overview
13.3.5 Lubrizol Latest Developments
13.4 Wanhua Chemical
13.4.1 Wanhua Chemical Company Information
13.4.2 Wanhua Chemical Polyurethane Elastomers Product Portfolios and Specifications
13.4.3 Wanhua Chemical Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Wanhua Chemical Main Business Overview
13.4.5 Wanhua Chemical Latest Developments
13.5 Covestro
13.5.1 Covestro Company Information
13.5.2 Covestro Polyurethane Elastomers Product Portfolios and Specifications
13.5.3 Covestro Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 Covestro Main Business Overview
13.5.5 Covestro Latest Developments
13.6 Yinoway
13.6.1 Yinoway Company Information
13.6.2 Yinoway Polyurethane Elastomers Product Portfolios and Specifications
13.6.3 Yinoway Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Yinoway Main Business Overview
13.6.5 Yinoway Latest Developments
13.7 Merui New Materials
13.7.1 Merui New Materials Company Information
13.7.2 Merui New Materials Polyurethane Elastomers Product Portfolios and Specifications
13.7.3 Merui New Materials Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Merui New Materials Main Business Overview
13.7.5 Merui New Materials Latest Developments
13.8 Huntsman
13.8.1 Huntsman Company Information
13.8.2 Huntsman Polyurethane Elastomers Product Portfolios and Specifications
13.8.3 Huntsman Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Huntsman Main Business Overview
13.8.5 Huntsman Latest Developments
13.9 LANXESS
13.9.1 LANXESS Company Information
13.9.2 LANXESS Polyurethane Elastomers Product Portfolios and Specifications
13.9.3 LANXESS Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 LANXESS Main Business Overview
13.9.5 LANXESS Latest Developments
13.10 Zibo Huatian Rubber & Plastic Technology
13.10.1 Zibo Huatian Rubber & Plastic Technology Company Information
13.10.2 Zibo Huatian Rubber & Plastic Technology Polyurethane Elastomers Product Portfolios and Specifications
13.10.3 Zibo Huatian Rubber & Plastic Technology Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 Zibo Huatian Rubber & Plastic Technology Main Business Overview
13.10.5 Zibo Huatian Rubber & Plastic Technology Latest Developments
13.11 Huide Technology
13.11.1 Huide Technology Company Information
13.11.2 Huide Technology Polyurethane Elastomers Product Portfolios and Specifications
13.11.3 Huide Technology Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 Huide Technology Main Business Overview
13.11.5 Huide Technology Latest Developments
13.12 COIM Group
13.12.1 COIM Group Company Information
13.12.2 COIM Group Polyurethane Elastomers Product Portfolios and Specifications
13.12.3 COIM Group Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 COIM Group Main Business Overview
13.12.5 COIM Group Latest Developments
13.13 Epaflex
13.13.1 Epaflex Company Information
13.13.2 Epaflex Polyurethane Elastomers Product Portfolios and Specifications
13.13.3 Epaflex Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Epaflex Main Business Overview
13.13.5 Epaflex Latest Developments
13.14 Trinseo
13.14.1 Trinseo Company Information
13.14.2 Trinseo Polyurethane Elastomers Product Portfolios and Specifications
13.14.3 Trinseo Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Trinseo Main Business Overview
13.14.5 Trinseo Latest Developments
13.15 Hexpol
13.15.1 Hexpol Company Information
13.15.2 Hexpol Polyurethane Elastomers Product Portfolios and Specifications
13.15.3 Hexpol Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 Hexpol Main Business Overview
13.15.5 Hexpol Latest Developments
13.16 Avient
13.16.1 Avient Company Information
13.16.2 Avient Polyurethane Elastomers Product Portfolios and Specifications
13.16.3 Avient Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Avient Main Business Overview
13.16.5 Avient Latest Developments
13.17 Zhongke Yourui
13.17.1 Zhongke Yourui Company Information
13.17.2 Zhongke Yourui Polyurethane Elastomers Product Portfolios and Specifications
13.17.3 Zhongke Yourui Polyurethane Elastomers Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Zhongke Yourui Main Business Overview
13.17.5 Zhongke Yourui Latest Developments
14 Research Findings and Conclusion
*If Applicable.
