An elastomer is a polymer having viscosity, elasticity and is characterized with features like, a weak force within the molecules and high failure strain in comparison to other materials. The monomers which link to a polymer is generally a fusion of various elements namely, carbon, hydrogen, oxygen, and silicon. Elastomers are nebulous polymers maintained above the temperature of their glass transition and are used in seals, adhesives and molded flexible parts. Polyurethane elastomer is a rubber like substance, manufactured as a result of a reaction between isocyanates and hydroxyl groups, to which a curative agent is added. This forms a link between the polymer strands and thereby cures the polyurethane elastomer. In order to reduce costs and enhance certain properties, various additives are added to these elastomers. Polyurethane elastomers have various applications namely, wire & cable insulation, tires, conveyor belts, films, sheets, sealants, coatings, blocks etc.
MARKET DYNAMICS
Increase in global population and disposable income in the hands of the consumers have, in turn, lifted the demand for automotive, construction, and footwear industry. This factor act as a driver in the growth of the polyurethane elastomer market. Besides this, some essential characteristics of polyurethane elastomer like its versatility, durability, mechanical properties, and ease of processing have also driven the market towards development. However, competing green or biodegradable elastomers, and potential health hazards caused by the polyurethane elastomers restrain the growth of the market. Cost efficiency of these polyurethane elastomers servers as an opportunity in the growth of the market in the years to come.
MARKET SCOPE
The "Global Polyurethane Elastomers Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the polyurethane elastomers market with detailed market segmentation by type, process, raw material, additives, application, end use industry and geography. The global polyurethane elastomers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading polyurethane elastomers players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global polyurethane elastomers market is segmented on the basis of type, process, raw material, additives, application, end use industry and geography. On the basis of type, the market classify into cast polymer, thermoplastic and thermoset. On the basis of process the market is broken into casting, injection molding, extrusion and others. As per raw material the market is bifurcated into isocyanates and polyols. As per additives, the market is segmented into fillers, flame retardants, pigments and others. The market on the basis of application is divided into mining, construction, furniture, footwear, industrial machinery, oil & gas and others. Lastly on the basis of end use industry the market is classified into automotive, nuilding & construction, footwear making, electrical & electronic and others.(image)
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the polyurethane elastomers market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The polyurethane elastomers market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the polyurethane elastomers market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the polyurethane elastomers market in these regions.
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MARKET PLAYERSThe reports cover key developments in the polyurethane elastomers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from polyurethane elastomers market are anticipated to lucrative growth opportunities in the future with the rising demand for polyurethane elastomers in the global market. Below mentioned is the list of few companies engaged in the polyurethane elastomers market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the polyurethane elastomers market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Accella Polyurethane Systems
-BASF
-Chemtura Corporation
-Coim Group
-Covestro
-Headway Group
-Lubrizol
-Mitsui Chemicals Inc.
-Trelleborg AB
-Wanhua Chemical Gr Co.
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