Polyurethane Elastomers are one of the most versatile polymers in today’s market whose performance and characteristics are designed in a way such that it can meet certain technical demands in the sector of elastomers. They have peculiar characteristics like excellent mechanical properties, good elastic and transparency characteristics, and resistance towards abrasion, light, ozone, to oxidation and atmospheric agents. Polyurethane elastomers are based on two classes – poly addition of diol-ester (AU) or diol-ethers (EU) with diisocyanate. The study includes the demand of this particular market on a global and regional scale for a six year period of 2014- 2020, both in terms of volume(kilo tons) and revenue($ million).