| Product Code: ETC7551504 | 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, India`s polyurethane (PU) elastomer import shipments continued to be fueled by key exporters including China, Singapore, Germany, Netherlands, and South Korea. The market displayed a moderate concentration level, indicating a competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) between 2020 and 2024 remained strong at 7.96%. This suggests a steady demand for PU elastomers in India, with the country maintaining its position as an attractive market for international suppliers.

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 India Polyurethane (PU) Elastomer Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyurethane (PU) Elastomer Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyurethane (PU) Elastomer Market - Industry Life Cycle |
3.4 India Polyurethane (PU) Elastomer Market - Porter's Five Forces |
3.5 India Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Processing Methods, 2021 & 2031F |
3.7 India Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 India Polyurethane (PU) Elastomer Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
3.9 India Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Polyurethane (PU) Elastomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for polyurethane elastomers in various end-use industries such as automotive, construction, and footwear. |
4.2.2 Increasing adoption of polyurethane elastomers due to their superior properties such as durability, flexibility, and resistance to abrasion. |
4.2.3 Technological advancements leading to the development of innovative polyurethane elastomers with enhanced performance characteristics. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of polyurethane elastomers. |
4.3.2 Stringent regulations regarding the use of certain chemicals in polyurethane elastomers production. |
4.3.3 Competition from alternative materials in the market impacting the growth of polyurethane elastomers. |
5 India Polyurethane (PU) Elastomer Market Trends |
6 India Polyurethane (PU) Elastomer Market, By Types |
6.1 India Polyurethane (PU) Elastomer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Thermoset Polyurethane Elastomers, 2021- 2031F |
6.1.4 India Polyurethane (PU) Elastomer Market Revenues & Volume, By TPU (Thermoplastic Polyurethane Elastomers), 2021- 2031F |
6.2 India Polyurethane (PU) Elastomer Market, By Processing Methods |
6.2.1 Overview and Analysis |
6.2.2 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Casting, 2021- 2031F |
6.2.3 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Thermosetting, 2021- 2031F |
6.2.4 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Calendering, 2021- 2031F |
6.2.5 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Molding, 2021- 2031F |
6.2.6 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Melt Processing, 2021- 2031F |
6.2.7 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Extrusion, 2021- 2031F |
6.2.8 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Solution Techniques, 2021- 2031F |
6.2.9 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Solution Techniques, 2021- 2031F |
6.3 India Polyurethane (PU) Elastomer Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Isocyanates, 2021- 2031F |
6.3.3 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Polyols, 2021- 2031F |
6.3.4 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Curatives, 2021- 2031F |
6.3.5 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Additives, 2021- 2031F |
6.3.6 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Pigments, 2021- 2031F |
6.3.7 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Blowing Agents, 2021- 2031F |
6.3.8 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Smoke Retardants, 2021- 2031F |
6.3.9 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Smoke Retardants, 2021- 2031F |
6.4 India Polyurethane (PU) Elastomer Market, By End User Industry |
6.4.1 Overview and Analysis |
6.4.2 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Automotive Industry, 2021- 2031F |
6.4.3 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Food And Beverage Industry, 2021- 2031F |
6.4.4 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Packaging Industry, 2021- 2031F |
6.4.5 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Aerospace And Aviation Industry, 2021- 2031F |
6.4.6 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Manufacturing Industries, 2021- 2031F |
6.4.7 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Construction Industry, 2021- 2031F |
6.4.8 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Electronics And Electrical Industry, 2021- 2031F |
6.4.9 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Electronics And Electrical Industry, 2021- 2031F |
6.4.10 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Oil And Gas Industry, 2021- 2031F |
6.5 India Polyurethane (PU) Elastomer Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Footwear, 2021- 2031F |
6.5.3 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Automotive And Transportation, 2021- 2031F |
6.5.4 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.5.5 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Building And Construction, 2021- 2031F |
6.5.6 India Polyurethane (PU) Elastomer Market Revenues & Volume, By Adhesives And Sealants, 2021- 2031F |
7 India Polyurethane (PU) Elastomer Market Import-Export Trade Statistics |
7.1 India Polyurethane (PU) Elastomer Market Export to Major Countries |
7.2 India Polyurethane (PU) Elastomer Market Imports from Major Countries |
8 India 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 emerging applications and industries. |
8.3 Environmental impact assessment and sustainability initiatives in the polyurethane elastomers production process. |
9 India Polyurethane (PU) Elastomer Market - Opportunity Assessment |
9.1 India Polyurethane (PU) Elastomer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Polyurethane (PU) Elastomer Market Opportunity Assessment, By Processing Methods, 2021 & 2031F |
9.3 India Polyurethane (PU) Elastomer Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.4 India Polyurethane (PU) Elastomer Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
9.5 India Polyurethane (PU) Elastomer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Polyurethane (PU) Elastomer Market - Competitive Landscape |
10.1 India Polyurethane (PU) Elastomer Market Revenue Share, By Companies, 2024 |
10.2 India 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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