Polyurethanes (PU) Market Size Analysis:
The Polyurethanes Market Size was USD 84.77 billion in 2024 and is expected to reach USD 125.70 billion by 2032 and growing at a CAGR of 5.05% over the forecast period of 2025-2032. Polyurethanes (PU) market demand is increasingly used in the electronics industry, owing to their better properties as an encapsulant and adhesive that serve the purposes of waterproofing and thermal insulation.
India, for example, is on track to become the third-largest construction market globally by 2025, fueled by projects like the "Housing for All" initiative, which aims to build affordable homes for urban populations. This push for housing and infrastructure development is expected to boost the demand for PU-based products, including insulation and sealants, due to their energy-efficient and cost-effective properties.
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Key Polyurethanes (PU) Market Trends
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Growing demand for bio-based and sustainable polyurethanes to reduce environmental impact.
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Rising adoption of thermoplastic polyurethanes (TPU) in automotive, footwear, and electronics applications.
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Increasing use of PU in lightweight and energy-efficient construction materials.
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Innovations in high-performance PU foams and coatings for insulation and protective applications.
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Expansion of PU applications in emerging sectors such as flexible electronics, medical devices, and sports equipment.
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Focus on digital manufacturing, automation, and smart PU materials for improved efficiency and customized solutions.
Polyurethanes Market Growth Drivers
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Polyurethane's versatility and unique physical qualities drive the market growth.
The inherent properties of polyurethane, which allow for multiple different uses within many markets, largely drive growth for it across multiple industries. Thanks to its versatility and adaptability, it can come in the form of foams, coatings, sealants, and adhesives; meeting the different application requirements in automotive, construction, furniture, and packaging. The flexibility and individualized structure of polyurethane, along with its lightweight and durability, have a rich culture of use in producing items as advanced as automotive parts, as simple as insulation panels, and as every day as mattresses. Moreover, in terms of building and construction, its property of sound insulation has led to the significant demand as insulation material for energy efficiency solution where heat retention is important. China was the number user of polyurethane in 2023, a key material in the country's construction and auto industry, according to Chinese government statistics.
Additionally, the recent need for the use of environmentally friendly products has created novel innovations and the advent of bio-based polyurethanes that provide sustainability with performance. Such introduction of bio-based polyurethane resins that are high-performance are changing the landscape of the coatings & insulation market and are promoting a shift towards more efficient & sustainable materials.
Polyurethanes (PU) Market Restraint
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Environmental Concerns may hamper the market growth.
The challenges of environmental concerns are also among the top restraints of the growing polyurethane (PU) market. Most polyurethanes come from petrochemicals, so there is sustainability concerns related to the manufactured methods and the environmental impact of the waste that remains for a long time. Polyurethane (PU) materials include foams, coatings and adhesives, which can lead to plastic pollution when not disposed of properly or recycled. Recent growing awareness of climate change and resource depletion has pushed regulatory bodies around the world (e.g., REACH regulations by the European Union and national environmental standards) to impose more and more severe rules on the production and disposal of chemical products, including PU.
Polyurethanes (PU) Market Opportunity
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Growing demand for low-VOC, environmentally friendly, and long-lasting polyurethane
Polyurethanes Market Segment Highlights
By Raw Material Type
Polyol held the largest market share around 42% in 2024. Its volume in the formulation of practically all types of PU products, including foams, coatings, adhesives, and sealants. Polyols are one of the two main building blocks used in synthesizing polyurethane (the other being isocyanates), and polyols are very versatile and widely used in the automotive, construction, and furniture industries. This prominence can be attributed to the growing demand for polyols where flexible and rigid foams account for a major share of the market. The global flexible foams segment, which is widely used for furniture cushions, mattresses, and automotive seating, as well as rigid foams, used for insulation, are also expanding at a steady pace.
By Product Type
Rigid foam held the largest market share around 32% in 2024. It is extensively used in various insulation applications in the construction, refrigeration, and automotive industries. Due to its low thermal conductivity and specific lightweight features, it is perfect for thermal insulation applications where good energy efficiency combined with a saving space concept are criticaligid polyurethane foam is widely used by the construction industry for building insulation as it provides incredible thermal insulation and energy conservation, which, subsequently, is influencing its demand, particularly for energy-efficient construction, across the globe.
By End-User
The building and construction sector held the largest market share around 27% in 2024. Due to the growing need for energy-efficient materials and advanced construction technologies, the building and construction sector accounts for the largest PU market share. Polyurethanes in particular in rigid foam and coatings help, through insulation and sealing applications in buildings, to reduce energy consumption in buildings. Rigid polyurethane foam is one of the main materials that are used in thermal insulation while maintaining the building's temperature control, and reducing energy loss. PU product demand in the construction industry has increased with the global movement towards sustainable construction practices along with stringent energy codes.
In addition, rapid housing and infrastructure growth also taking place in emerging countries like India and China further contributes to boosting this sector. Moreover, the promotion of green building practices and energy-efficient solutions through government incentives is another factor that is likely to fuel the demand in the coming years, thereby further stimulating the adoption of polyurethane-based materials.
Polyurethanes Market Regional Analysis
Asia Pacific Polyurethanes Market Insights
Asia Pacific held the highest market share around 56% in 2024. It is driven by the construction, automotive, and electronics sectors. This increase in demand is predominantly seen for PU products, most notably, rigid and flexible foams due to their application in thermal insulation and packaging, which is further driven by the healthy economic growth in the region and robust infrastructure development, especially in the emerging economies such as China and India. Such growth in urbanization, population, and government investments in housing and commercial infrastructure projects drives the booming construction industry in these countries. Asia Pacific is also the hub of a few global automotive manufacturers wherein PU applications for seating, insulation, and soundproofing are predominant, thereby augmenting regional growth.
Moreover, the growing Asia Pacific emphasis on energy conservation and environmental protection has propelled the demand for PU-based products from key industries in insulation applications, including building materials and refrigeration. In addition, the availability of key PU manufacturers in the region along with supportive government policies such as subsidies for energy-efficient technologies and green building projects are supporting the market growth over the upcoming years. For example, the PU has garnered continued growth due to the market investing in green construction materials and China being the largest PU consumer.
Europe Polyurethanes Market Insights
In 2024, Europe is one of the prime contributors in the polyurethanes market due to burgeoning requirements in the construction, automotive, furniture and insulation applications. Stringent environmental code and the EU emphasis on energy efficiencies are contributing to the increased use of polyurethane-based insulation materials in green building initiatives. Germany, France and Italy, among them are in the lead in adopting bio-based polyurethanes to support circular economy objectives. Europe has a very competitive position because the market has access to top-flight manufacturers and technology on lightweight, high-performance PU products.
North America Polyurethanes Market Insights
Polyurethanes market is constantly increasing in North America banking on construction, automotive, packaging and electronic applications. The US is the largest market in the region on account of robust demand of spray polyurethane foams in residential and commercial buildings, increasing use of PU elastomers in automotive to reduce weight and enhance fuel efficiency. Increasing consumer inclination toward energy-efficient residential buildings and sustainable technologies in residential sector will drive the industry growth by 2024.
Latin America (LATAM) Polyurethanes Market Insights
Moderate growth in the polyurethanes market in LATAM will be supported by increasing infrastructure construction and automotive manufacturing. The largest markets are Brazil and Mexico, where there is extensive consumption of PU foams for the building sector, furniture and appliances. Demand is being driven by government-sponsored housing projects and rising investment in industrial development. Further, growing demand for bio based and recyclable polyurethane solutions is slowly influencing the market landscape in the region.
Middle East and Africa (MEA) Polyurethanes Market Insights
MEA is anticipated to witness substantial gains in 2024 on account of high scale construction activities, urbanization and increasing demand for cost-effective and thermal insulating materials. Among Gulf region, countries such as Saudi Arabia, UAE and Qatar are the leading contributors due to infrastructure development and smart cities projects running in these countries. PU foams and coatings find worldwide applications in the construction, automotive, and packaging industries. Furthermore, the area’s expansion tactics and efforts towards sustainable material usage favor the growth of high-end polyurethane markets.
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Polyurethanes Market Competitive Landscape:
Recital
Recital is a manufacturer specializing in sustainable polyurethane solutions, focusing on eco-friendly insulation and construction materials. The company emphasizes carbon reduction, circular economy initiatives, and innovative product development to support energy-efficient and environmentally responsible applications.
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In June 2023, Recital launched a line of PU insulation boards based on 25% bio-circular raw materials as part of its initiatives to reduce carbon emissions by 43%, reinforcing the company’s commitment to sustainable polyurethane manufacturing.
Covestro AG
Covestro AG is a global leader in high-performance polymer materials, including polyurethanes and thermoplastics, serving industries such as automotive, construction, electronics, and renewable energy. The company prioritizes innovation, sustainability, and high-quality material solutions to meet evolving industrial demands.
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In May 2023, Covestro AG opened a new production line and launched the Desmopan UP thermoplastics polyurethane (TPU) series for protective films in automotive and wind applications, highlighting its focus on durable, high-performance, and environmentally responsible materials.
Polyurethanes Market Key Companies
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Eastman Chemical Company (U.S.) (PU Adhesives)
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BASF SE (Elastollan Thermoplastic Polyurethane)
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Tosoh Corporation (Japan) (PU Raw Materials)
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Huntsman Corporation (Rubinate Polyurethane Systems)
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The Dow Chemical Company (VORANOL Polyether Polyols)
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Covestro AG (Desmodur Isocyanates)
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DIC Corporation (Polyurethane Dispersions)
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Mitsui Chemicals (Admer Polyurethane Adhesives)
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Wanhua Chemical Group (Wannate Isocyanates)
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Lubrizol Corporation (Estane Thermoplastic Polyurethane)
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Lanxess (Adiprene and Vibrathane Polyurethanes)
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Perstorp Group (Capa™ Polyols)
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Recticel (Flexible PU Foams)
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Woodbridge Group (Polyurethane Foam Systems)
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INOAC Corporation (Automotive PU Foams)
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Manali Petrochemicals (PU Systems for Coatings)
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Bayer MaterialScience (Baytherm PU Systems)
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Armacell (Armaflex Insulation Foams)
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Mitsubishi Chemical (Hyperthane Polyurethane)
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Trelleborg AB (PU Coatings and Seals)
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | US$ 84.77 Billion |
| Market Size by 2032 | US$ 125.77 Billion |
| CAGR | CAGR of 5.05% From 2024 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Raw Material Type (Polyol, MDI, TDI, Others) • By Product Type (Flexible foam, Rigid foam, Coating, Adhesive & sealants, Others) • By End User (Building & construction, Automotive & transportation, Bedding & furniture, Footwear, Appliances & White Good) |
| Regional Analysis/Coverage | North America (US, Canada), Europe (Germany, France, UK, Italy, Spain, Poland, Russsia, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Australia,ASEAN Countries, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, Egypt, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Mexico, Colombia Rest of Latin America) |
| Company Profiles | Eastman Chemical Company (U.S.), BASF SE (Germany), Tosoh Corporation (Japan), Huntsman Corporation (U.S), The Dow Chemical Company (U.S), Covestro AG (Germany), DIC Corporation (JAPAN), |
Table Of Contents
1. Introduction
1.1 Market Definition & Scope
1.2 Research Assumptions & Abbreviations
1.3 Research Methodology
2. Executive Summary
2.1 Market Snapshot
2.2 Market Absolute $ Opportunity Assessment & Y-o-Y Analysis, 2021–2032
2.3 Market Size & Forecast, By Segmentation, 2021–2032
2.3.1 Market Size By Raw Material Type
2.3.2 Market Size By Product Type
2.3.3 Market Size By End-User
2.4 Market Share & Bps Analysis By Region, 2024
2.5 Industry Growth Scenarios – Conservative, Likely & Optimistic
2.6 Industry CxO’s Perspective
3. Market Overview
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Key Market Trends
3.2 Industry PESTLE Analysis
3.3 Key Industry Forces (Porter’s) Impacting Market Growth
3.4 Industry Supply Chain Analysis
3.4.1 Raw Material Suppliers
3.4.2 Manufacturers
3.4.3 Distributors/Suppliers
3.4.4 Customers/End-Users
3.5 Industry Life Cycle Assessment
3.6 Parent Market Overview
3.7 Market Risk Assessment
4. Statistical Insights & Trends Reporting
4.1 Innovation & Technology Landscape
4.2 Sustainability & Regulatory Insights
4.3 Application Innovation & End-Use Deep Dive
4.4 Supply Chain & Raw Material Dynamics
4.5 Investment & M&A Activity Tracker
5. Polyurethane Market Segmental Analysis & Forecast, By Raw Material Type, 2021 – 2032, Value (USD Billion)
5.1 Introduction
5.2 Polyol
5.2.1 Key Trends
5.2.2 Market Size & Forecast, 2021 – 2032
5.3 MDI
5.3.1 Key Trends
5.3.2 Market Size & Forecast, 2021 – 2032
5.4 TDI
5.4.1 Key Trends
5.4.2 Market Size & Forecast, 2021 – 2032
5.5 Others
5.5.1 Key Trends
5.5.2 Market Size & Forecast, 2021 – 2032
6. Polyurethane Market Segmental Analysis & Forecast, By Product Type, 2021 – 2032, Value (USD Billion)
6.1 Introduction
6.2 Flexible foam
6.2.1 Key Trends
6.2.2 Market Size & Forecast, 2021 – 2032
6.3 Rigid foam
6.3.1 Key Trends
6.3.2 Market Size & Forecast, 2021 – 2032
6.4 Coating
6.4.1 Key Trends
6.4.2 Market Size & Forecast, 2021 – 2032
6.5 Adhesive & sealants
6.5.1 Key Trends
6.5.2 Market Size & Forecast, 2021 – 2032
6.6 Others
6.6.1 Key Trends
6.6.2 Market Size & Forecast, 2021 – 2032
7. Polyurethane Market Segmental Analysis & Forecast, By End-User, 2021 – 2032, Value (USD Billion)
7.1 Introduction
7.2 Building & Construction
7.2.1 Key Trends
7.2.2 Market Size & Forecast, 2021 – 2032
7.3 Automotive & Transportation
7.3.1 Key Trends
7.3.2 Market Size & Forecast, 2021 – 2032
7.4 Bedding & Furniture
7.4.1 Key Trends
7.4.2 Market Size & Forecast, 2021 – 2032
7.5 Footwear
7.5.1 Key Trends
7.5.2 Market Size & Forecast, 2021 – 2032
7.6 Appliances & white good
7.6.1 Key Trends
7.6.2 Market Size & Forecast, 2021 – 2032
7.7 Others
7.7.1 Key Trends
7.7.2 Market Size & Forecast, 2021 – 2032
8. Polyurethane Market Segmental Analysis & Forecast By Region, 2021 – 2025, Value (USD Billion)
8.1 Introduction
8.2 North America
8.2.1 Key Trends
8.2.2 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.2.3 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.2.4 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.2.5 Polyurethane Market Size & Forecast, By Country, 2021 – 2032
8.2.5.1 USA
8.2.5.1.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.2.5.1.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.2.5.1.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.2.5.2 Canada
8.2.5.2.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.2.5.2.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.2.5.2.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.3 Europe
8.3.1 Key Trends
8.3.2 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.3.3 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.3.4 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.3.5 Polyurethane Market Size & Forecast, By Country, 2021 – 2032
8.3.5.1 Germany
8.3.5.1.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.3.5.1.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.3.5.1.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.3.5.2 UK
8.3.5.2.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.3.5.2.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.3.5.2.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.3.5.3 France
8.3.5.3.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.3.5.3.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.3.5.3.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.3.5.4 Italy
8.3.5.4.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.3.5.4.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.3.5.4.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.3.5.5 Spain
8.3.5.5.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.3.5.5.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.3.5.5.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.3.5.6 Russia
8.3.5.6.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.3.5.6.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.3.5.6.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.3.5.7 Poland
8.3.5.7.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.3.5.7.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.3.5.7.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.3.5.8 Rest of Europe
8.3.5.8.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.3.5.8.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.3.5.8.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.4 Asia-Pacific
8.4.1 Key Trends
8.4.2 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.4.3 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.4.4 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.4.5 Polyurethane Market Size & Forecast, By Country, 2021 – 2032
8.4.5.1 China
8.4.5.1.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.4.5.1.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.4.5.1.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.4.5.2 India
8.4.5.2.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.4.5.2.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.4.5.2.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.4.5.3 Japan
8.4.5.3.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.4.5.3.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.4.5.3.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.4.5.4 South Korea
8.4.5.4.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.4.5.4.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.4.5.4.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.4.5.5 Australia
8.4.5.5.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.4.5.5.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.4.5.5.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.4.5.6 ASEAN Countries
8.4.5.6.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.4.5.6.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.4.5.6.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.4.5.7 Rest of Asia-Pacific
8.4.5.7.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.4.5.7.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.4.5.7.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.5 Latin America
8.5.1 Key Trends
8.5.2 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.5.3 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.5.4 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.5.5 Polyurethane Market Size & Forecast, By Country, 2021 – 2032
8.5.5.1 Brazil
8.5.5.1.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.5.5.1.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.5.5.1.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.5.5.2 Argentina
8.5.5.2.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.5.5.2.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.5.5.2.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.5.5.3 Mexico
8.5.5.3.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.5.5.3.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.5.5.3.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.5.5.4 Colombia
8.5.5.4.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.5.5.4.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.5.5.4.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.5.5.5 Rest of Latin America
8.5.5.5.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.5.5.5.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.5.5.5.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.6 Middle East & Africa
8.6.1 Key Trends
8.6.2 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.6.3 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.6.4 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.6.5 Polyurethane Market Size & Forecast, By Country, 2021 – 2032
8.6.5.1 UAE
8.6.5.1.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.6.5.1.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.6.5.1.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.6.5.2 Saudi Arabia
8.6.5.2.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.6.5.2.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.6.5.2.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.6.5.3 Qatar
8.6.5.3.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.6.5.3.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.6.5.3.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.6.5.4 Egypt
8.6.5.4.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.6.5.4.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.6.5.4.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.6.5.5 South Africa
8.6.5.5.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.6.5.5.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.6.5.5.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
8.6.5.6 Rest of Middle East & Africa
8.6.5.6.1 Polyurethane Market Size & Forecast, By Raw Material Type, 2021 – 2032
8.6.5.6.2 Polyurethane Market Size & Forecast, By Product Type, 2021 – 2032
8.6.5.6.3 Polyurethane Market Size & Forecast, By End-User, 2021 – 2032
9. Competitive Landscape
9.1 Key Players' Positioning
9.2 Competitive Developments
9.2.1 Key Strategies Adopted (%), By Key Players, 2024
9.2.2 Year-Wise Strategies & Development, 2021 – 2025
9.2.3 Number Of Strategies Adopted By Key Players, 2024
9.3 Market Share Analysis, 2024
9.4 Product/Service & Application Benchmarking
9.4.1 Product/Service Specifications & Features By Key Players
9.4.2 Product/Service Heatmap By Key Players
9.4.3 Application Heatmap By Key Players
9.5 Industry Start-Up & Innovation Landscape
9.6 Key Company Profiles
9.6.1 Eastman Chemical Company
9.6.1.1 Company Overview & Snapshot
9.6.1.2 Product/Service Portfolio
9.6.1.3 Key Company Financials
9.6.1.4 SWOT Analysis
9.6.2 BASF SE
9.6.2.1 Company Overview & Snapshot
9.6.2.2 Product/Service Portfolio
9.6.2.3 Key Company Financials
9.6.2.4 SWOT Analysis
9.6.3 Tosoh Corporation
9.6.3.1 Company Overview & Snapshot
9.6.3.2 Product/Service Portfolio
9.6.3.3 Key Company Financials
9.6.3.4 SWOT Analysis
9.6.4 Huntsman Corporation
9.6.4.1 Company Overview & Snapshot
9.6.4.2 Product/Service Portfolio
9.6.4.3 Key Company Financials
9.6.4.4 SWOT Analysis
9.6.5 The Dow Chemical Company
9.6.5.1 Company Overview & Snapshot
9.6.5.2 Product/Service Portfolio
9.6.5.3 Key Company Financials
9.6.5.4 SWOT Analysis
9.6.6 Covestro AG
9.6.6.1 Company Overview & Snapshot
9.6.6.2 Product/Service Portfolio
9.6.6.3 Key Company Financials
9.6.6.4 SWOT Analysis
9.6.7 DIC Corporation
9.6.7.1 Company Overview & Snapshot
9.6.7.2 Product/Service Portfolio
9.6.7.3 Key Company Financials
9.6.7.4 SWOT Analysis
9.6.8 Mitsui Chemicals
9.6.8.1 Company Overview & Snapshot
9.6.8.2 Product/Service Portfolio
9.6.8.3 Key Company Financials
9.6.8.4 SWOT Analysis
9.6.9 Wanhua Chemical Group
9.6.9.1 Company Overview & Snapshot
9.6.9.2 Product/Service Portfolio
9.6.9.3 Key Company Financials
9.6.9.4 SWOT Analysis
9.6.10 Lubrizol Corporation
9.6.10.1 Company Overview & Snapshot
9.6.10.2 Product/Service Portfolio
9.6.10.3 Key Company Financials
9.6.10.4 SWOT Analysis
9.6.11 Lanxess
9.6.11.1 Company Overview & Snapshot
9.6.11.2 Product/Service Portfolio
9.6.11.3 Key Company Financials
9.6.11.4 SWOT Analysis
9.6.12 Perstorp Group
9.6.12.1 Company Overview & Snapshot
9.6.12.2 Product/Service Portfolio
9.6.12.3 Key Company Financials
9.6.12.4 SWOT Analysis
9.6.13 Recticel
9.6.13.1 Company Overview & Snapshot
9.6.13.2 Product/Service Portfolio
9.6.13.3 Key Company Financials
9.6.13.4 SWOT Analysis
9.6.14 Woodbridge Group
9.6.14.1 Company Overview & Snapshot
9.6.14.2 Product/Service Portfolio
9.6.14.3 Key Company Financials
9.6.14.4 SWOT Analysis
9.6.15 INOAC Corporation
9.6.15.1 Company Overview & Snapshot
9.6.15.2 Product/Service Portfolio
9.6.15.3 Key Company Financials
9.6.15.4 SWOT Analysis
9.6.16 Manali Petrochemicals
9.6.16.1 Company Overview & Snapshot
9.6.16.2 Product/Service Portfolio
9.6.16.3 Key Company Financials
9.6.16.4 SWOT Analysis
9.6.17 Bayer Material Science
9.6.17.1 Company Overview & Snapshot
9.6.17.2 Product/Service Portfolio
9.6.17.3 Key Company Financials
9.6.17.4 SWOT Analysis
9.6.18 Armacell
9.6.18.1 Company Overview & Snapshot
9.6.18.2 Product/Service Portfolio
9.6.18.3 Key Company Financials
9.6.18.4 SWOT Analysis
9.6.19 Mitsubishi Chemical
9.6.19.1 Company Overview & Snapshot
9.6.19.2 Product/Service Portfolio
9.6.19.3 Key Company Financials
9.6.19.4 SWOT Analysis
9.6.20 Trelleborg AB
9.6.20.1 Company Overview & Snapshot
9.6.20.2 Product/Service Portfolio
9.6.20.3 Key Company Financials
9.6.20.4 SWOT Analysis
10. Analyst Recommendations
10.1 SNS Insider Opportunity Map
10.2 Industry Low-Hanging Fruit Assessment
10.3 Market Entry & Growth Strategy
10.4 Analyst Viewpoint & Suggestions On Market Growth
11. Assumptions
12. Disclaimer
13. Appendix
13.1 List Of Tables
13.2 List Of Figures
Key Segments:
By Raw Material Type
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Polyol
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MDI
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TDI
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Others
By Product Type
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Flexible foam
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Rigid foam
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Coating
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Adhesive & sealants
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Others
By End-User
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Building & construction
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Automotive & Transportation
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Bedding & Furniture
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Footwear
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Appliances & white good
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Others
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
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US
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Canada
Europe
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Germany
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UK
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France
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Italy
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Spain
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Russia
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Poland
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Rest of Europe
Asia Pacific
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China
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India
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Japan
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South Korea
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ASEAN Countries
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Australia
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Rest of Asia Pacific
Latin America
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Brazil
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Argentina
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Mexico
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Colombia
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Rest of Latin America
Middle East & Africa
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UAE
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Saudi Arabia
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Qatar
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Egypt
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South Africa
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Rest of Middle East & Africa
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
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Detailed Volume Analysis
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Criss-Cross segment analysis (e.g. Product X Application)
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Competitive Product Benchmarking
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Geographic Analysis
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Additional countries in any of the regions
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Customized Data Representation
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Detailed analysis and profiling of additional market players
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
