| Product Code: ETC7486614 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Hong Kong continued to see a diverse range of import sources for polyurethane (PU) elastomers, with China, Netherlands, USA, Japan, and South Korea leading the way. Despite a negative compound annual growth rate (CAGR) of -21.87% from 2020 to 2024, the market remained competitive with a low Herfindahl-Hirschman Index (HHI) concentration. The slight improvement in the growth rate from -8.91% in 2023 to -8.91% in 2024 indicates a potential stabilization in the market. Hong Kong`s PU elastomer import landscape reflects resilience and adaptability amidst changing global trade dynamics.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hong Kong Polyurethane (PU) Elastomer Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Polyurethane (PU) Elastomer Market - Industry Life Cycle |
3.4 Hong Kong Polyurethane (PU) Elastomer Market - Porter's Five Forces |
3.5 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Processing Methods, 2021 & 2031F |
3.7 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
3.9 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Hong Kong Polyurethane (PU) Elastomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in industries such as automotive, construction, and electronics. |
4.2.2 Growing awareness about the benefits of polyurethane elastomers, such as high abrasion resistance, flexibility, and chemical resistance. |
4.2.3 Technological advancements leading to the development of innovative polyurethane elastomers with enhanced properties. |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, particularly for key components used in polyurethane elastomer production. |
4.3.2 Stringent regulations regarding environmental impact and safety concerns associated with the production and disposal of polyurethane elastomers. |
4.3.3 Competition from alternative materials like rubber and plastics, which may hinder market growth. |
5 Hong Kong Polyurethane (PU) Elastomer Market Trends |
6 Hong Kong Polyurethane (PU) Elastomer Market, By Types |
6.1 Hong Kong Polyurethane (PU) Elastomer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Thermoset Polyurethane Elastomers, 2021- 2031F |
6.1.4 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By TPU (Thermoplastic Polyurethane Elastomers), 2021- 2031F |
6.2 Hong Kong Polyurethane (PU) Elastomer Market, By Processing Methods |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Casting, 2021- 2031F |
6.2.3 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Thermosetting, 2021- 2031F |
6.2.4 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Calendering, 2021- 2031F |
6.2.5 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Molding, 2021- 2031F |
6.2.6 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Melt Processing, 2021- 2031F |
6.2.7 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Extrusion, 2021- 2031F |
6.2.8 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Solution Techniques, 2021- 2031F |
6.2.9 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Solution Techniques, 2021- 2031F |
6.3 Hong Kong Polyurethane (PU) Elastomer Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Isocyanates, 2021- 2031F |
6.3.3 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Polyols, 2021- 2031F |
6.3.4 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Curatives, 2021- 2031F |
6.3.5 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Additives, 2021- 2031F |
6.3.6 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Pigments, 2021- 2031F |
6.3.7 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Blowing Agents, 2021- 2031F |
6.3.8 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Smoke Retardants, 2021- 2031F |
6.3.9 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Smoke Retardants, 2021- 2031F |
6.4 Hong Kong Polyurethane (PU) Elastomer Market, By End User Industry |
6.4.1 Overview and Analysis |
6.4.2 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Automotive Industry, 2021- 2031F |
6.4.3 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Food And Beverage Industry, 2021- 2031F |
6.4.4 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Packaging Industry, 2021- 2031F |
6.4.5 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Aerospace And Aviation Industry, 2021- 2031F |
6.4.6 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Manufacturing Industries, 2021- 2031F |
6.4.7 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Construction Industry, 2021- 2031F |
6.4.8 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Electronics And Electrical Industry, 2021- 2031F |
6.4.9 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Electronics And Electrical Industry, 2021- 2031F |
6.4.10 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Oil And Gas Industry, 2021- 2031F |
6.5 Hong Kong Polyurethane (PU) Elastomer Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Footwear, 2021- 2031F |
6.5.3 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Automotive And Transportation, 2021- 2031F |
6.5.4 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.5.5 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Building And Construction, 2021- 2031F |
6.5.6 Hong Kong Polyurethane (PU) Elastomer Market Revenues & Volume, By Adhesives And Sealants, 2021- 2031F |
7 Hong Kong Polyurethane (PU) Elastomer Market Import-Export Trade Statistics |
7.1 Hong Kong Polyurethane (PU) Elastomer Market Export to Major Countries |
7.2 Hong Kong Polyurethane (PU) Elastomer Market Imports from Major Countries |
8 Hong Kong Polyurethane (PU) Elastomer Market Key Performance Indicators |
8.1 Research and development investment in new polyurethane elastomer formulations. |
8.2 Adoption rate of polyurethane elastomers in key industries. |
8.3 Number of patents filed for polyurethane elastomer technologies. |
8.4 Customer satisfaction levels and feedback on the performance of polyurethane elastomer products. |
8.5 Environmental sustainability initiatives and certifications in polyurethane elastomer production processes. |
9 Hong Kong Polyurethane (PU) Elastomer Market - Opportunity Assessment |
9.1 Hong Kong Polyurethane (PU) Elastomer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Hong Kong Polyurethane (PU) Elastomer Market Opportunity Assessment, By Processing Methods, 2021 & 2031F |
9.3 Hong Kong Polyurethane (PU) Elastomer Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.4 Hong Kong Polyurethane (PU) Elastomer Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
9.5 Hong Kong Polyurethane (PU) Elastomer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Hong Kong Polyurethane (PU) Elastomer Market - Competitive Landscape |
10.1 Hong Kong Polyurethane (PU) Elastomer Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong Polyurethane (PU) Elastomer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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