Polyurethane elastomer (PU elastomer), also known as polyurethane rubber, is a type of elastomeric polymer material that contains more urethane groups (-NHCOO-) in the molecular chain.

It is usually made from oligomer polyols, polyisocyanates, chain extenders/crosslinkers and a small amount of auxiliary agents. Although polyurethane elastomers have different properties due to different raw materials and manufacturing methods, they also have a series of common properties due to the same structure. The elastic mold of polyurethane elastomer is most between rubber and plastic. The biggest feature is that it has both high hardness and high elasticity. This kind of performance is not available in other rubbers and plastics. In addition, excellent wear resistance is also one of its advantages. Therefore, the use of polyurethane elastomers is not limited to rubber, but can be made into products of various polymer materials.

Analysis on the development status of polyurethane elastomer industry

According to the data of the "Polyurethane Elastomer Industry Market Demand Forecast and Investment Strategic Planning Analysis Report" released by the Qianzhan Industry Research Institute, in 2016, my country's polyurethane elastomer market consumption reached 1.03 million tons, a year-on-year increase of 9.6%. There are as many as hundreds of companies in the industry, with a large number and fierce competition. Among them, there are more than 300 paving material production and construction enterprises nationwide.

From 2009 to 2016, my country's polyurethane elastomer market consumption has maintained a trend of year-on-year growth. In 2009-16, the average annual compound growth rate of polyurethane elastomer consumption was 15.3%, and the market consumption demand grew rapidly. In 2016, my country's polyurethane elastomer market consumption reached 1.03 million tons, a year-on-year increase of 9.6%.

Combining with the changing trend of my country's polyurethane elastomer consumption in recent years and the changes in the downstream market, the Prospective Industry Research Institute predicts that the consumption of polyurethane elastomers will continue to maintain rapid growth in the next few years, and my country's polyurethane elastomer consumption will continue to grow by 2022. Nearly 2 million tons.

Market competition pattern forecast

At present, my country's polyurethane elastomer industry is in a stage of rapid development, with sufficient competition in the low-end market, while the high-end market is dominated by foreign companies. On the one hand, under the strong support of the national industrial policy, domestic enterprises will continue to invest in research and development, and large and medium-sized manufacturers will continue to emerge, which will intensify the degree of competition in the mid-end market; on the other hand, domestic enterprises will As the high-end market enters to seize the market share of foreign companies, competition in the high-end market will also intensify in the future.

Forecast of the overall industry trend

The polyurethane elastomer industry is a sunrise industry in the new polymer materials industry. The global demand for polyurethane elastomers is increasing, with an average annual compound growth rate of about 6%. The current global market capacity can reach 2.22 million tons. Although China's polyurethane elastomer industry started late, it has developed rapidly. The current consumption of the Chinese market has reached 1.03 million tons, and it has already surpassed Europe and the United States to become the world's largest polyurethane elastomer consumer market, and the average annual consumption has maintained about 15%. The rapid growth is far higher than the average annual growth rate of 3-4% in the European and American markets.

At present, as a new type of material, polyurethane elastomer has been gradually applied to all walks of life, and its role is getting bigger and bigger. With the development of construction industry, automobile industry, shoe industry, etc., people’s awareness of environmental protection With the gradual improvement and the continuous emergence of new technologies for polyurethane elastomers, the application of polyurethane elastomers will become more and more extensive. It is expected that the growth rate of the demand for polyurethane elastomers in my country will remain above 10% in the future.

Link to this article： Polyurethane elastomer industry analysis

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