Market Overview:
The global high performance polyurethanes wheels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for high performance polyurethanes wheels from various end-use industries, such as automotive, food service, aerospace, material handling and others. In terms of type, traction wheels are expected to hold a major share of the global high performance polyurethanes wheel market during the forecast period. This can be attributed to their growing demand from various end-use industries owing to their superior properties such as durability and strength.
Product Definition:
A high performance polyurethane wheel is a type of wheel that is made from a polyurethane material. This type of wheel is typically used in applications where high performance and durability are required. Some benefits of using a high performance polyurethane wheel include better wear resistance, impact resistance, and thermal stability.
Traction Wheels:
Traction wheels are used in the manufacturing of high performance polyurethanes (PU) wheels. They are also referred to as traction tires or motor tires. These devices have a series of rollers mounted between the inner and outer diameter of a wheel, which provides stability to the vehicle while driving on uneven surfaces like sand, snow or ice-covered roads.
Forklift Wheels:
Forklift wheels are used in high performance polyurethanes (HPPUR) wheels market. HPPUR wheel is a type of cast polymer wheel that is designed for heavy-duty applications. It has higher load carrying capacity than regular steel or aluminum counterparts and also requires less floor space due to its compact design.
Application Insights:
The automotive segment accounted for the largest share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. The growing importance of high performance polyurethanes wheels as a replacement for metal, wooden and plastic wheels due to their lightweight properties, durability and cost-effectiveness is projected to drive the demand from this application segment.
High performance polyurethane wheels are used in various applications including automobiles, aircrafts, marine vessels & boats (ocean going ships), food service vehicles such as trucks & buses (light-duty) along with industrial machinery such as forklifts & pallet jacks among others. In addition to being cost-effective compared to traditional counterparts; they also offer better resistance against corrosion owing to which they are increasingly used across all major industries globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional segment over the forecast period. The growth can be attributed to rising industrialization and increasing automotive production in emerging economies, such as China, India, and Japan. In addition, growing infrastructure activities in this region will drive product demand further.
The market for high performance polyurethane wheels is highly fragmented across regions with significant presence of key players in Europe and North America. Asia Pacific held a revenue share of approximately 25% in 2017 owing to high demand from end-use industries for lightweight vehicles with improved traction capabilities on various surfaces including snow/ice & mud/gravel roads etc., which are majorly used for commercial applications such as delivery trucks or guided vehicles on rail tracks).
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive industry in developing countries
- Rising popularity of luxury cars and SUVs
- Proliferation of electric vehicles and hybrid vehicles
- Technological advancements in wheel manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
High Performance Polyurethanes Wheels Market Research Report
By Type
Traction Wheels, Forklift Wheels, Guiding Wheels, Others
By Application
Automotive, Food Service, Aerospace, Material Handling, Others
By Companies
Uremet, CEW Wheels Inc, Stellana (Hexpol), Hamilton, RWM Casters, Sunray Inc, Kastalon, BS Rollen, R&K Loadmaster, Tellure Rota, Shanghai Pepsen, Xiangshan Tongzhou Plastic Products Co., Ltd, Swagath Urethane Pvt Ltd, Blickle
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global High Performance Polyurethanes Wheels Market Report Segments:
The global High Performance Polyurethanes Wheels market is segmented on the basis of:
Types
Traction Wheels, Forklift Wheels, Guiding Wheels, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Food Service, Aerospace, Material Handling, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Uremet
- CEW Wheels Inc
- Stellana (Hexpol)
- Hamilton
- RWM Casters
- Sunray Inc
- Kastalon
- BS Rollen
- R&K Loadmaster
- Tellure Rota
- Shanghai Pepsen
- Xiangshan Tongzhou Plastic Products Co., Ltd
- Swagath Urethane Pvt Ltd
- Blickle
Highlights of The High Performance Polyurethanes Wheels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Traction Wheels
- Forklift Wheels
- Guiding Wheels
- Others
- By Application:
- Automotive
- Food Service
- Aerospace
- Material Handling
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High Performance Polyurethanes Wheels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High Performance Polyurethanes Wheels are a type of wheel that is made from a polyurethane material. This type of wheel is designed to be more durable and resistant to wear than other types of wheels. They are also typically lighter in weight, which makes them easier to move and steer.
Some of the major players in the high performance polyurethanes wheels market are Uremet, CEW Wheels Inc, Stellana (Hexpol), Hamilton, RWM Casters, Sunray Inc, Kastalon, BS Rollen, R&K Loadmaster, Tellure Rota, Shanghai Pepsen, Xiangshan Tongzhou Plastic Products Co., Ltd, Swagath Urethane Pvt Ltd, Blickle.
The high performance polyurethanes wheels market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Performance Polyurethanes Wheels Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High Performance Polyurethanes Wheels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Performance Polyurethanes Wheels Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High Performance Polyurethanes Wheels Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High Performance Polyurethanes Wheels Market Size & Forecast, 2018-2028
4.5.1 High Performance Polyurethanes Wheels Market Size and Y-o-Y Growth
4.5.2 High Performance Polyurethanes Wheels Market Absolute $ Opportunity
Chapter 5 Global High Performance Polyurethanes Wheels Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 High Performance Polyurethanes Wheels Market Size Forecast by Type
5.2.1 Traction Wheels
5.2.2 Forklift Wheels
5.2.3 Guiding Wheels
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Performance Polyurethanes Wheels Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 High Performance Polyurethanes Wheels Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Food Service
6.2.3 Aerospace
6.2.4 Material Handling
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Performance Polyurethanes Wheels Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High Performance Polyurethanes Wheels Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America High Performance Polyurethanes Wheels Analysis and Forecast
9.1 Introduction
9.2 North America High Performance Polyurethanes Wheels Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America High Performance Polyurethanes Wheels Market Size Forecast by Type
9.6.1 Traction Wheels
9.6.2 Forklift Wheels
9.6.3 Guiding Wheels
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America High Performance Polyurethanes Wheels Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Food Service
9.10.3 Aerospace
9.10.4 Material Handling
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe High Performance Polyurethanes Wheels Analysis and Forecast
10.1 Introduction
10.2 Europe High Performance Polyurethanes Wheels Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe High Performance Polyurethanes Wheels Market Size Forecast by Type
10.6.1 Traction Wheels
10.6.2 Forklift Wheels
10.6.3 Guiding Wheels
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe High Performance Polyurethanes Wheels Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Food Service
10.10.3 Aerospace
10.10.4 Material Handling
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific High Performance Polyurethanes Wheels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Performance Polyurethanes Wheels Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific High Performance Polyurethanes Wheels Market Size Forecast by Type
11.6.1 Traction Wheels
11.6.2 Forklift Wheels
11.6.3 Guiding Wheels
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific High Performance Polyurethanes Wheels Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Food Service
11.10.3 Aerospace
11.10.4 Material Handling
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America High Performance Polyurethanes Wheels Analysis and Forecast
12.1 Introduction
12.2 Latin America High Performance Polyurethanes Wheels Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America High Performance Polyurethanes Wheels Market Size Forecast by Type
12.6.1 Traction Wheels
12.6.2 Forklift Wheels
12.6.3 Guiding Wheels
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America High Performance Polyurethanes Wheels Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Food Service
12.10.3 Aerospace
12.10.4 Material Handling
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) High Performance Polyurethanes Wheels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Performance Polyurethanes Wheels Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) High Performance Polyurethanes Wheels Market Size Forecast by Type
13.6.1 Traction Wheels
13.6.2 Forklift Wheels
13.6.3 Guiding Wheels
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) High Performance Polyurethanes Wheels Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Food Service
13.10.3 Aerospace
13.10.4 Material Handling
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High Performance Polyurethanes Wheels Market: Competitive Dashboard
14.2 Global High Performance Polyurethanes Wheels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Uremet
14.3.2 CEW Wheels Inc
14.3.3 Stellana (Hexpol)
14.3.4 Hamilton
14.3.5 RWM Casters
14.3.6 Sunray Inc
14.3.7 Kastalon
14.3.8 BS Rollen
14.3.9 R&K Loadmaster
14.3.10 Tellure Rota
14.3.11 Shanghai Pepsen
14.3.12 Xiangshan Tongzhou Plastic Products Co., Ltd
14.3.13 Swagath Urethane Pvt Ltd
14.3.14 Blickle
