Polyurethane Elastomers Market in the Automotive & Transportation Segment to Grow Rapidly Between 2017 and 2022


Posted July 16, 2019 by abhijeetw1

Global size of the Polyurethane (PU) Elastomers Market was USD 11.78 Billion in 2016 and is estimated to grow at a CAGR of 5.9% between 2017 and 2022.

 
The report “Polyurethane Elastomers Market by Type (Thermoset Polyurethane Elastomers and TPU Elastomers), Application (Footwear, Automotive & Transportation, Industrial Machinery, Building & Construction), and Region - Global Forecast to 2022”, Globally, people are opting for products that deliver outstanding performance and have a long life. PU elastomers are used as a replacement for standard elastomers, metals, and rubbers because of their unique set of properties such as heat resistance, weathering resistance, ozone resistance, chemical resistance, oil & gas resistance, aging resistance, flexibility, durability, and huge variety. These factors ultimately increase the demand for PU elastomers globally.

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BASF SE (Germany), The Dow Chemical Company (US), Huntsman International LLC (US), Covestro AG (Germany), and Mitsui Chemicals, Inc. (Japan) are the key companies operational in the polyurethane elastomers market. Other major manufacturers of PU elastomers are Chemtura Corporation (US), The Lubrizol Corporation (US), P+S Polyurethan-Elastomere GmbH & Co. KG (Germany), Tosoh Corporation (Japan), and Wanhua Chemical Group Co., Ltd. (China). Targeting new markets will enable PU elastomer manufacturers to overcome the effects of volatile economy, leading to a diversified business portfolio and increase in revenue.

On the Basis of Type:

Thermoset Polyurethane Elastomers
Thermoplastic Polyurethane Elastomers
On the Basis of Application:

Footwear
Automotive & Transportation
Industrial Machinery
Building & Construction
On the Basis of Region:

APAC
Europe
North America
Middle East & Africa
South America
Browse 75 market data tables and 38 figures spread through 125 pages here - https://www.marketsandmarkets.com/PressReleases/polyurethane-elastomers.asp
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Issued By MNM
Country United States
Categories Business , Industry , Manufacturing
Tags dielectric pu elastomer , polyurethane elastomers , polyurethane elastomers market , pu elastomer market
Last Updated July 16, 2019