Nigeria Polyurethane (PU) Elastomer Market (2025-2031) | Forecast, Size & Revenue, Outlook, Growth, Share, Value, Companies, Trends, Competitive Landscape, Analysis, Segmentation, Industry
Market Forecast By Type (Thermoset Polyurethane Elastomers, TPU (Thermoplastic Polyurethane Elastomers)), By Processing Methods (Casting, Thermosetting, Calendering, Molding, Melt Processing, Extrusion, Spreading, Solution Techniques), By Raw Material (Isocyanates, Polyols, Curatives, Additives, Pigments, Blowing Agents, Fillers, Smoke Retardants), By End User Industry (Automotive Industry, Food And Beverage Industry, Packaging Industry, Aerospace And Aviation Industry, Manufacturing Industries, Construction Industry, Fashion And Footwear Industry, Electronics And Electrical Industry), By Application (Footwear, Automotive And Transportation, Industrial Machinery, Building And Construction, Adhesives And Sealants) And Competitive Landscape
| Product Code: ETC8633004 | 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 |
Nigeria Polyurethane Pu Elastomer Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Nigeria`s polyurethane (PU) elastomer import shipments were primarily sourced from Italy, Greece, UAE, India, and Egypt. Despite a negative compound annual growth rate (CAGR) of -3.16% from 2020 to 2024, the market saw a further decline with a growth rate of -7.86% in 2024. The Herfindahl-Hirschman Index (HHI) indicated low market concentration, suggesting a diverse import market for PU elastomers in Nigeria. This data implies ongoing challenges in the Nigerian PU elastomer market, potentially driven by various factors such as economic conditions, supply chain disruptions, or shifting trade dynamics.
Key Highlights of the Report:
- Nigeria Polyurethane (PU) Elastomer Market Outlook
- Market Size of Nigeria Polyurethane (PU) Elastomer Market, 2024
- Forecast of Nigeria Polyurethane (PU) Elastomer Market, 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Revenues & Volume for the Period 2021- 2031
- Nigeria Polyurethane (PU) Elastomer Market Trend Evolution
- Nigeria Polyurethane (PU) Elastomer Market Drivers and Challenges
- Nigeria Polyurethane (PU) Elastomer Price Trends
- Nigeria Polyurethane (PU) Elastomer Porter's Five Forces
- Nigeria Polyurethane (PU) Elastomer Industry Life Cycle
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Thermoset Polyurethane Elastomers for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By TPU (Thermoplastic Polyurethane Elastomers) for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Processing Methods for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Casting for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Thermosetting for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Calendering for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Molding for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Melt Processing for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Extrusion for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Spreading for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Solution Techniques for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Raw Material for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Isocyanates for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Polyols for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Curatives for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Additives for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Pigments for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Blowing Agents for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Fillers for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Smoke Retardants for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By End User Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Automotive Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Food And Beverage Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Packaging Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Aerospace And Aviation Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Manufacturing Industries for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Construction Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Fashion And Footwear Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Electronics And Electrical Industry for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Footwear for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Automotive And Transportation for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Industrial Machinery for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Building And Construction for the Period 2021- 2031
- Historical Data and Forecast of Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume By Adhesives And Sealants for the Period 2021- 2031
- Nigeria Polyurethane (PU) Elastomer Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Processing Methods
- Market Opportunity Assessment By Raw Material
- Market Opportunity Assessment By End User Industry
- Market Opportunity Assessment By Application
- Nigeria Polyurethane (PU) Elastomer Top Companies Market Share
- Nigeria Polyurethane (PU) Elastomer Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Polyurethane (PU) Elastomer Company Profiles
- Nigeria Polyurethane (PU) Elastomer Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Nigeria Polyurethane (PU) Elastomer Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Nigeria Polyurethane (PU) Elastomer Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Nigeria Polyurethane (PU) Elastomer Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Polyurethane (PU) Elastomer Market - Industry Life Cycle |
3.4 Nigeria Polyurethane (PU) Elastomer Market - Porter's Five Forces |
3.5 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Processing Methods, 2021 & 2031F |
3.7 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.8 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
3.9 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Nigeria Polyurethane (PU) Elastomer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for polyurethane elastomers in various end-use industries such as automotive, construction, and footwear. |
4.2.2 Growing investments in infrastructure development projects in Nigeria driving the demand for polyurethane elastomers. |
4.2.3 Technological advancements leading to the development of innovative polyurethane elastomer products. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of polyurethane elastomers. |
4.3.2 Lack of skilled labor and technical expertise in the manufacturing of polyurethane elastomers in Nigeria. |
4.3.3 Stringent environmental regulations affecting the production and disposal of polyurethane elastomers. |
5 Nigeria Polyurethane (PU) Elastomer Market Trends |
6 Nigeria Polyurethane (PU) Elastomer Market, By Types |
6.1 Nigeria Polyurethane (PU) Elastomer Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Thermoset Polyurethane Elastomers, 2021- 2031F |
6.1.4 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By TPU (Thermoplastic Polyurethane Elastomers), 2021- 2031F |
6.2 Nigeria Polyurethane (PU) Elastomer Market, By Processing Methods |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Casting, 2021- 2031F |
6.2.3 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Thermosetting, 2021- 2031F |
6.2.4 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Calendering, 2021- 2031F |
6.2.5 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Molding, 2021- 2031F |
6.2.6 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Melt Processing, 2021- 2031F |
6.2.7 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Extrusion, 2021- 2031F |
6.2.8 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Solution Techniques, 2021- 2031F |
6.2.9 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Solution Techniques, 2021- 2031F |
6.3 Nigeria Polyurethane (PU) Elastomer Market, By Raw Material |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Isocyanates, 2021- 2031F |
6.3.3 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Polyols, 2021- 2031F |
6.3.4 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Curatives, 2021- 2031F |
6.3.5 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Additives, 2021- 2031F |
6.3.6 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Pigments, 2021- 2031F |
6.3.7 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Blowing Agents, 2021- 2031F |
6.3.8 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Smoke Retardants, 2021- 2031F |
6.3.9 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Smoke Retardants, 2021- 2031F |
6.4 Nigeria Polyurethane (PU) Elastomer Market, By End User Industry |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Automotive Industry, 2021- 2031F |
6.4.3 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Food And Beverage Industry, 2021- 2031F |
6.4.4 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Packaging Industry, 2021- 2031F |
6.4.5 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Aerospace And Aviation Industry, 2021- 2031F |
6.4.6 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Manufacturing Industries, 2021- 2031F |
6.4.7 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Construction Industry, 2021- 2031F |
6.4.8 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Electronics And Electrical Industry, 2021- 2031F |
6.4.9 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Electronics And Electrical Industry, 2021- 2031F |
6.4.10 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Oil And Gas Industry, 2021- 2031F |
6.5 Nigeria Polyurethane (PU) Elastomer Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Footwear, 2021- 2031F |
6.5.3 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Automotive And Transportation, 2021- 2031F |
6.5.4 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.5.5 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Building And Construction, 2021- 2031F |
6.5.6 Nigeria Polyurethane (PU) Elastomer Market Revenues & Volume, By Adhesives And Sealants, 2021- 2031F |
7 Nigeria Polyurethane (PU) Elastomer Market Import-Export Trade Statistics |
7.1 Nigeria Polyurethane (PU) Elastomer Market Export to Major Countries |
7.2 Nigeria Polyurethane (PU) Elastomer Market Imports from Major Countries |
8 Nigeria 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. |
8.3 Percentage of market share held by Nigerian manufacturers in the polyurethane elastomer market. |
8.4 Sustainability practices implemented in the production of polyurethane elastomers. |
8.5 Growth in the number of patents filed for polyurethane elastomer innovations in Nigeria. |
9 Nigeria Polyurethane (PU) Elastomer Market - Opportunity Assessment |
9.1 Nigeria Polyurethane (PU) Elastomer Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nigeria Polyurethane (PU) Elastomer Market Opportunity Assessment, By Processing Methods, 2021 & 2031F |
9.3 Nigeria Polyurethane (PU) Elastomer Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.4 Nigeria Polyurethane (PU) Elastomer Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
9.5 Nigeria Polyurethane (PU) Elastomer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Nigeria Polyurethane (PU) Elastomer Market - Competitive Landscape |
10.1 Nigeria Polyurethane (PU) Elastomer Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Polyurethane (PU) Elastomer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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