Polyurethane Elastomers Market To Reach USD 20.40 Billion By 2026
Market Summary The growth of the market is governed by various factors such as growing demand from consumers. Market Size – USD 13.34 Billion in 2018, Market Growth - CAGR of 5.4%, Market Trends-Emergence of footwear industry. The Polyurethane Elastomers Market is expected to reach USD 20.40 Billion by 2026, according to a new report by Reports and Data. Polyurethane elastomers are synthetic or artificial rubbers that are composed of polymers. The polyurethane elastomers are profoundly divided into thermosetting elastomers and thermoplastic elastomers. The preponderance of the polyurethane elastomers in the market is based on thermosetting polymers. The beneficial features of polyurethane elastomers are lightweight, high efficiency, and impact resistance. Further key findings from the report suggest : • The Polyurethane Elastomers Market is estimated to reach USD 20.40 Billion by 2026, at a CAGR of 5.4% during the forecast period. • The application of these polymers in footwear industry accounted for the largest share of 29.3% of the market in 2018. • The pigment additives segment is anticipated to witness the highest CAGR of 5.5% during the forecast period. • The thermoplastic polyurethane elastomers is expected to witness a higher CAGR of 5.6% during the forecast period. www.reportsanddata.com
Key Players: BASF SE, DuPont, Mitsui Chemicals, Inc, Bayer CropScience Limited, Covestro AG, Huntsman International LLC, the Dow Chemical Company., Accella Polyurethane Systems, P+S PolyurethanElastomere GmbH & Co. KG, 3M. Segmentation: • Additives Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026) Pigments Blowing agents Fillers Smoke Retardants Flame Retardants • Type Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026) Thermoset Polyurethane Elastomers Thermoplastic Polyurethane Elastomers • Application Outlook (Volume, Kilo Tons; and Revenue, USD Billion ; 2016-2026) Footwear Automotive & Transportation Industrial Machinery Building & Construction Adhesives & Sealants
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Regional Polyurethane Elastomers Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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