Polyurethane Elastomer Market is expected to reach $12.0 Billion by 2028- An exclusive market research report by Lucintel

iCrowd Newswire
25 May 2023, 04:32 GMT+10

Lucintel's latest market report analyzed that polyurethane elastomer provides attractive opportunities in the transportation, aerospace, construction, footwear, electrical & electronics, adhesives & sealants, medical, and textile industries. The polyurethane elastomer market is expected to reach $12.0 billion by 2028 with a CAGR of 6%. In this market, injection molding is the largest segment by processing method, whereas footwear is largest by end use industry.

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Based on processing method, the polyurethane elastomer market is segmented into injection molding, extrusion, and blow and compression molding. The injection molding segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to because it is a cost-effective method, which ensures enhanced strength and higher flexibility as compared to other types of processing methods.

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The Polyurethane Elastomer Market is marked by the presence of several big and small players. Some of the prominent players offering polyurethane elastomer include Tosoh Corporation, Dow, BASF SE Covestro AG, and Huntsman International.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. 972.636.5056

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