Global Polyurethane Elastomers Market Growth 2025-2031

The global Polyurethane Elastomers market size is predicted to grow from US$ 6313 million in 2025 to US$ 9101 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.

LP Information, Inc. (LPI) ' newest research report, 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: The report will take approximately 2 business days to prepare and deliver.