Polyurethane Elastomers Market Outlook:
Polyurethane Elastomers Market size was over USD 6.24 billion in 2025 and is projected to reach USD 10.26 billion by 2035, growing at around 5.1% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of polyurethane elastomers is assessed at USD 6.53 billion.
The market growth is impelled by growing requirement for polyurethane elastomers in the automotive industry. Polyurethane elastomers are highly used in the automotive industry to manufacture doors, window surrounds, acoustic insulation, headrests, seats, trimming, and exterior & interior of automobiles. Furthermore, these elastomers are also used in the tires and wheels of automobiles.
Additionally, rising demand for polyurethane elastomers in mining is believed to fuel the market expansion. For instance, polyurethane elastomers are highly used in the mining sector such as pump impellers, mining screens, conveyors’ belts, and others. It is a highly required product in mining since it can decrease wear and tear, abrasion, and shock.