Polyurethane is an elastomer invented by Professor Dr. Otto Bayer in the early 20th century. It is formed through a process called diisocyanate polyaddition where a polyol is reacted with a diisocyanate or polymeric isocyanate. This process allows a wide range of polyurethanes to be manufactured for different applications. Polyurethane can be flexible, rigid, or rebond foams and is widely used in applications like composite wood products, sealants, adhesives, and carpet cushion.