Global Polyurethane Elastomers Market Key Trends (2019-2026)_ By Type, Application, and Geography.
Polyurethane elastomers market is expected to witness significant growth during the forecast period. This is due to the increasing use of PU elastomers in several applications in various end-use industries, such as footwear, automotive & transportation, building & construction. Polyurethane is a class of synthetic materials made by copolymerizing an isocynate and polyhydric alcohol. Polyurethane elastomers are synthetic rubbers based on polymers.There are two main types of PU elastomers are thermoplastic PU elastomers and thermoset PU elastomers. Thermoset polyurethane elastomer leading the market, it has a high structural integrity and heat resistance as compared to thermoplastic PU elastomer.Thermoset polyurethane elastomers offer high impact strength, greater load bearing capacity, high resilience, excellent resistance to lubricants and high abrasion resistance.
Global Polyurethane Elastomers Market is expected to reach USD XX Billion by 2026 from USD XX Billion in 2018 at a CAGR of 5.8%.
Global Polyurethane Elastomers Market Key Trends, By Type:
• Thermoplastic PU Elastomers
• Thermoset PU Elastomers
Global Polyurethane Elastomers Market Key Trends, By Application:
• Automotive & Transportation
• Building & Construction
• Industrial Machinery
Global Polyurethane Elastomers Market Key Trends, By Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America.
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