US Polyurethane Wheels Market is predicted to reach USD 382.3 Million at a CAGR of 4.3% during the forecast period 2023-2030

Market Research Future (MRFR) has published on the “Global US Polyurethane Wheels Market”.

The US Polyurethane Wheels market is estimated to register a CAGR of 4.3% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the US Polyurethane Wheels market— Trew Industrial Wheels, Superior Tire & Rubber Corp, RWM Casters, Albion Casters, Uremet, Exotic Automation & Supply, Maclan Corporation, American Vulko Tread Corporation, Thombert, Sunray Inc, Molded Dimensions Group, Stellana, Millennium Tire.

Market Highlights

The US Polyurethane Wheels market is accounted to register a CAGR of 4.3% during the forecast period and is estimated to reach USD 382.3 Million by 2030.

The market for Polyurethane Wheels in the United States offers a significant opportunity propelled by the increasing focus on sustainability in various sectors. The increasing recognition of the environmental consequences has motivated companies to explore environmentally sustainable alternatives in every aspect of their operations, including the selection of wheels for different uses. Polyurethane, owing to its adaptability and longevity, has garnered attention as a viable sustainable alternative in the production of wheels. This opportunity is having a substantial impact on the expansion of the U.S. Polyurethane Wheels market. With the progression of industries towards more sustainable practices, there is a growing consumer demand for products that demonstrate environmental consciousness. Energy-efficient Polyurethane Wheels, which are renowned for their resilience, reduced deterioration, and longevity, suit this narrative admirably. An increasing number of industries, such as manufacturing, logistics, and material management, are adopting them.

The escalating costs of critical components utilized in the production of Polyurethane Wheels, including isocyanates and polyols, have posed a formidable obstacle for market participants. The limitation exerts a domino effect on multiple aspects of the sector, impacting the dynamics of the market and impeding potential for expansion. The overall production cost of Polyurethane Wheels is directly impacted by the escalated expenses associated with basic materials. To obtain critical components, manufacturers are obliged to allocate additional resources, resulting in increased operational expenditures. Consequently, the increase in production costs per unit hurts the profit margins of market-active companies. This situation poses a significant obstacle for smaller businesses that have constrained financial assets and limited negotiating leverage within the supply chain.

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Segment Analysis

The US Polyurethane Wheels market has been segmented type and application.

Based on type, the US Polyurethane Wheels market segmentation includes PPG Polyurethane Wheels, PTMEG Polyurethane Wheels. The PPG Polyurethane Wheels segment held the majority market share in 2022 and is expected to grow at a significant growth rate. The increasing prominence of electronic commerce has amplified the need for streamlined material handling and logistics systems. PPG Polyurethane Wheels are widely utilized in warehouse and distribution center conveyor systems, trolleys, and other equipment that is critical for ensuring dependable and seamless motion. The global trend toward sustainable practices is impacting the selection of manufacturing materials. The utilization of PPG in Polyurethane Wheels is consistent with sustainability objectives. The increasing preference of manufacturers for environmentally favorable solutions is a factor in the expansion of the market. There is an emerging trend in the market whereby customized polyurethane wheel solutions are being sought after to fulfill the unique demands of various industries. Wheel manufacturers are emphasizing innovation to introduce wheels that possess improved features, thereby catering to the changing demands of various sectors.

Based on application, the US Polyurethane Wheels market segmentation includes Medical Using, Supermarket Using, Industrial Using, Others. Industrial Using segment dominated the market in 2022 and is expected to continue dominating the market during the forecast period 2023-2030. The industrial landscape is being impacted by the principles of Industry 4.0, which includes the incorporation of intelligent technologies into equipment. There is a growing trend towards Polyurethane Wheels that incorporate sensors or Internet of Things (IoT) functionalities, enabling proactive maintenance and real-time monitoring. There is an increasing focus on the ergonomics of industrial apparatus, such as the maneuverability of material handling devices and carts. There is a growing demand for Polyurethane Wheels that provide improved maneuverability, quiet operation, and overall efficacy in industrial processes. For the "Industrial Using" segment of the worldwide Polyurethane Wheels market, a favorable growth outlook is supported by the identified factors and ongoing trends. Because of technological advancements and an increased emphasis on safety and efficiency, it is anticipated that the demand for high-performance Polyurethane Wheels will continue to increase.

Key Findings of the Study

• The US Polyurethane Wheels market is expected to reach USD 382.3 Million by 2030, at a CAGR of 4.3% during the forecast period.


• Based on type, the PPG Polyurethane Wheels segment was attributed to holding the largest market in 2022.


• Trew Industrial Wheels, Superior Tire & Rubber Corp, RWM Casters, Albion Casters, Uremet, Exotic Automation & Supply, Maclan Corporation, American Vulko Tread Corporation, Thombert, Sunray Inc, Molded Dimensions Group, Stellana, Millennium Tire.


• Based on application, the Industrial Using segment held the largest market share in 2022.