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Global Polyurethane Market Size, Share, Growth, Analysis: By Product Type: Rigid Foam, Flexible Foam, Coatings, Adhesives, Sealants, and Elastomers (CASE), Thermoplastic Polyurethane, Others; By End Use: Furniture, Construction, Electronics, Automotive and Transportation, Others; Regional Analysis; Competitive Landscape; 2024-2032
Competitive Landscape
Dow Inc., with its headquarters in Michigan in the United States, is one of the top producers of chemicals, plastics, synthetic fibres, and agricultural products worldwide. The company provides a variety of goods and services for customers in the packaging, infrastructure, mobility, and consumer care areas.
Covestro AG is the leading manufacturer of cutting-edge, high-performance polymers throughout the world, with its headquarters in Germany. Products in a wide range of markets are improved by its inventive discoveries in polyurethanes, polycarbonates, coatings, adhesives, speciality raw materials, and thermoplastic polyurethane elastomers.
Huntsman Corporation, with its headquarters in Texas in the United States, produces unique organic chemical products. The company, which was founded in 1970, has sectors for polyurethanes, advanced materials, textile effects, and performance goods. The polyurethanes product segment includes thermoplastic polyurethane, methylene diphenyl diisocyanate, polyols, and other products associated with polyurethane.
Other market players include BASF SE, DIC Corporation, and RAMPF Holding GmbH & Co. KG, among others.
Polyurethane Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Polyurethane Market Analysis
8.1 Key Industry Highlights
8.2 Global Polyurethane Historical Market (2018-2023)
8.3 Global Polyurethane Market Forecast (2024-2032)
8.4 Global Polyurethane Market by Product Type
8.4.1 Rigid Foam
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Flexible Foam
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 Coatings, Adhesives, Sealants, and Elastomers (CASE)
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Thermoplastic Polyurethane
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2023)
8.4.4.3 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Polyurethane Market by End Use
8.5.1 Furniture
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Construction
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Electronics
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Automotive and Transportation
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2023)
8.5.4.3 Forecast Trend (2024-2032)
8.5.5 Packaging
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2023)
8.5.5.3 Forecast Trend (2024-2032)
8.5.6 Footwear
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2023)
8.5.6.3 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Polyurethane Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis (HS Code- 390950)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
13.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Dow Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Covestro AG
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Huntsman Corporation
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 BASF SE
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 DIC Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 RAMPF Holding GmbH & Co. KG
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Industry Events and Developments
List of Key Figures and Tables
1. Global Polyurethane Market: Key Industry Highlights, 2017 and 2027
2. Global Polyurethane Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. Global Polyurethane Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. Global Polyurethane Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Polyurethane Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Polyurethane Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Polyurethane Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Polyurethane Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Polyurethane Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Polyurethane Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Polyurethane Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Polyurethane Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Polyurethane Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Polyurethane Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Polyurethane Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Polyurethane Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Polyurethane Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Major Exporting Countries by Value
19. Major Importing Countries by Value
20. Major Exporting Countries by Volume
21. Major Importing Countries by Volume
22. North America Historical Price Trends and Forecast 2017-2027
23. Europe Historical Price Trends and Forecast 2017-2027
24. Asia Pacific Historical Price Trends and Forecast 2017-2027
25. Latin America Historical Price Trends and Forecast 2017-2027
26. Middle East and Africa Historical Price Trends and Forecast 2017-2027
27. Global Polyurethane Market Structure
Key Questions Answered in the Report
In 2023, the global market for polyurethane attained a value of over USD 62.07 billion.
The polyurethane market is projected to grow at a CAGR of 4.70% between 2024 and 2032.
The major drivers of the market include the growing use in building and construction industry along with the increasing use in major end use industries, and rising consumer awareness regarding the sustainability of lightweight and low-cost polyurethane.
Increasing construction activities, rapid urbanisation, rising number of initiatives by governments, and growing electronics industry are the key industry trends propelling the growth of the market.
The major players in the industry are Dow Inc., Covestro AG, Huntsman Corporation, BASF SE, DIC Corporation, and RAMPF Holding GmbH & Co. KG, among others.
Polyurethanes are created by reacting a polyol (an alcohol with more than two reactive hydroxyl groups per molecule) with a diisocyanate or a polymeric isocyanate In the presence of the proper catalysts and additives.
Some of the drawbacks of polyurethane are its low heat conductivity, poor weatherability, susceptibility to attack from most solvents, use of hazardous isocyanates, and flammability.
Polyurethane is one of the most adaptable plastic materials, and can be moulded into unique shapes, used to solve complex challenges, and improve industrial and consumer items.
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