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Polyurethane Market

2021

Polyurethane Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Rigid Foam, Flexible Foam, Coatings Adhesives and Sealants, Elastomers, and Others) and Application (Furniture and Interiors, Construction, Electronics and Appliances, Automotive, Footwear, Packaging, and Others) and Geography

Publication Month: Aug 2021 | Report Code: TIPRE00003570 | No. of Pages: 235 | Category: Chemicals and Materials | Status: Published

Market Insights

Polyurethane Market to Grow at a CAGR of 9.4% to reach US$ 1,02,916.80 Million from 2020 to 2028

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The Polyurethane market was valued at US$ 54,917.09 million in 2021 and is projected to reach US$ 1,02,916.80 million by 2028; it is expected to grow at a CAGR of 9.4% from 2020 to 2028.

Polyurethane is a thermosetting polymer which is composed of organic units joined by carbamate links and does not melt on heating. It is light in weight, resistant to corrosion, elastic in nature and possesses considerable strength. In most of the cases, PU is an alternative to paper, glass, and metals. High mechanical strength enables polyurethane to provide insulation and replace metals for automobile parts. The polyurethane market is anticipated to grow in the forecast period owing to an upsurge in demand for lightweight and durable materials from automotive, packaging, furniture, footwear, and other end-use industries. Moreover, demands for high-performance interior components further contributes to the polyurethane market growth. However, fluctuations in raw materials and economic downturn in developing countries affect products sales which hinder growth of the polyurethane market. On the other hand, adoption of bio-based polyurethane is likely to provide growth opportunities to the key players operating in the polyurethane market during the forecast period.

In 2020, Asia Pacific held the largest share in the polyurethane market. The growth of polyurethane market in APAC is primarily attributable to the presence of prominent market players. Era Polymers is known as an Australian-owned & operated company specializing particularly in the field of polyurethane chemistry. Being owned as well as operated by Industrial Chemists, the company has built an enviable reputation for outstanding product quality, including customer service. Companies such as Aekyung Petrochemical Co., Ltd produces customized blending products, so called polyurethane system, consist of main components of polyurethane such as polyester polyols, blowing agent, flame retardant, and catalysts. The company's polyurethane system-based rigid polyurethane foam has excellent insulation and flame-retardant qualities. The chemicals and manufacturing sectors amongst the fastest-growing industries with strong market potential for international companies. Increasing investment in the research & development activities to explore the applications of polymer material for various industries; besides, the development of eco-friendly thermoplastic polymer material is propelling the market growth.

The ongoing pandemic has been drastically altered the status of the plastic polymer industry and has negatively impacted the growth of the polyurethane market. The COVID-19 outbreak has further distorted operational efficiency also disrupted the value chains due to the sudden closure of national and international boundaries, creating revenue loss and damage. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the polyurethane market. However, as the economies are planning to revive their operations, the demand for polyurethane is presumed to rise globally. The packaging industry is a dynamically growing contributor to this demand since consumers are inclined toward ordering products online. Moreover, the previously postponed construction projects are anticipated to resume, which would further provide an opportunity for the polyurethane market players to regain normalcy. Since most of the people are confined to their homes amid the pandemic, re-designing and home improvement projects are expected to increase. Moreover, the furniture & interior segment is likely to bring growth opportunities for the market as polyurethane is highly used in making several furniture and products for interior design. The corporate sectors have also resumed their operations with the imposition of several safety measures such as ensuring limited direct contact with visitors, strengthening, and communicating proper hygiene practices, conducting complete sanitations, and eliminating personnel contact during shift changes.

Polyurethane Market

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Market Insights

Rising Demand for Durable and Lightweight Materials from Several End -Use Industries

The use of polyurethane material is suitable in several industries due to its ability to get molded in different forms. Its broad hardness range is known to be its most unique characteristic. Polyurethane further offers good abrasion resistance with toughness. Moreover, its durability and toughness is higher than most plastics. Owing to these properties, polyurethane is used in various industrial and commercial applications as well as in a wide range of consumer goods used in day-to-day life. It is used in various applications such as eraser and surfboards making; flexible foam in upholstered furniture; thermoplastic polyurethane or TPU used in medical devices and footwear; and coatings, adhesives, sealants, and elastomers used on floors & automotive interiors.

Flexible polyurethane foam helps in creating durable, comfortable, and supportive furniture. Therefore, polyurethane— mainly in the form of flexible foam—is widely utilized in home furniture, bedding, and carpet underlay. Bedding and furniture are the largest end-use markets for polyurethane. High demand for polyurethane in offices, building or remodeling homes, and other buildings is supported by its properties such as lightweight, durability, reliability, ease of installation, affordable, recyclable, and versatile nature. The wider application of polyurethane in buildings is insulation. Insulation is commonly required in cavity walls, around pipes, roofs, floors, and boilers. The use of polyurethane in construction is considered safe as it helps in diminishing carbon emissions that lead to global warming. Polyurethanes can dramatically maintain temperature to keep the environment warm in homes and offices in cold weather. During summer, they further play a crucial role in keeping buildings cool, reducing the need for air conditioning. Other than these, adhesives coatings along with other products are utilized in huge volumes in this application. Polyurethane is used in automotive applications in coatings and sealants. Polyurethane foam products support automobile designers and manufacturers to design seating that can be easily assembled, disassembled, and recycled. They have the highest performance designations over a wide range of firmness without attached weight. The automotive industry is known as another largest user of Reaction Injection Molding or RIM polyurethane parts. RIM mainly maximizes the shock absorption of a car’s bumper, fender, and spoiler, without adding weight or bulk. The lightweight of M polyurethane further gives cars a good gas mileage and offers engineers the freedom to create innovative designs for the car parts.

Product Insights

Based on product, the polyurethane market is segmented into rigid foam, flexible foam, coatings adhesives and sealants, elastomers, and others. The flexible foam segment led the polyurethane market with the highest market share in 2020. Flexible polyurethane foam is basically a polymer produced from the reaction of both polyols and isocyanates, a chemical process pioneered in 1937. These are mixed actively in high-intensity mixers in specific amounts along with other ingredients, and then foam reaction begins almost immediately. Flexible polyurethane foam is characterized by a cellular structure that allows for some degree of compression also resilience which provides a cushioning effect. Due to this property, it is a favored material in furniture, athletic equipment, packaging, footwear, bedding, automotive seating, and carpet cushion. It further plays a valuable role in soundproofing as well as filtration.

Polyurethane Market, by Product – 2021 and 2028

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Application Insights

Based on application, the polyurethane market is segmented into furniture and interiors, construction, electronics and appliances, automotive, footwear, packaging, and others. The furniture and interiors segment led the Polyurethane market with the highest market share in 2020. Polyurethane in the form of flexible foam is the most popular material utilized in home furnishings, including furniture, bedding, and carpet underlay. As a cushioning material for upholstered furniture, flexible polyurethane foam acts to make furniture more durable, comfortable also supportive. Carved, embossed, also profiled surfaces in which a brush could leave drips, polyurethane works better. Also, it is useful for hiding superficial scratches, mainly in previously finished wood. Its thin film delivers moderate protection from abrasion. Polyurethane for furniture and interiors is available in gloss as well as satin sheens, also in oil-based & water-based oil-modified formulations. High-build or oil-based polyurethane is good for tabletops and other surfaces which are subject to abrasion. It further delivers maximum durability with just two coats.

Strategic Insights

Covestro AG; The Dow Chemical Company; BASF SE; Mitsui Chemicals, Inc.; and Huntsman Corporation are among the key market players. Major players in the Polyurethane market are focused on strategies such as mergers and acquisitions and product launch to increase the geographical presence and consumer base globally. For instance, FXI and Innocor partnered to create innovative foam solutions in 2019.

Report Spotlights

  • Progressive industry trends in the Polyurethane market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the Polyurethane market from 2019 to 2028
  • Estimation of the demand for Polyurethane across various industries
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
  • Recent developments to understand the competitive market scenario and the demand for Polyurethane
  • Market trends and outlook coupled with factors driving and restraining the growth of the Polyurethane market
  • Decision-making process by understanding strategies that underpin commercial interest with regard to Polyurethane market growth
  • Polyurethane market size at various nodes of market
  • Detailed overview and segmentation of the Polyurethane market as well as its dynamics in the industry
  • Polyurethane market size in various regions with promising growth opportunities

Polyurethane Market, by Raw Material

  • Polyol
  • MDI
  • TDI
  • Others

Polyurethane Market, by Product

  • Rigid Foam
  • Flexible Foam
  • Coatings
  • Adhesives
  • Sealants & Binders
  • Elastomers
  • Others

Polyurethane Market, by Application

  • Furniture and Interiors
  • Construction
  • Electronics and Appliances
  • Automotive
  • Footwear
  • Packaging
  • Others

Company Profiles

  • Covestro AG
  • The Dow Chemical Company
  • BASF SE
  • Mitsui Chemicals, Inc.
  • Huntsman Corporation
  • FXI
  • Lubrizol Corporation
  • DIC Corporation
  • Recticel NV
  • Tosoh Corporation

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Polyurethane Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Polyurethane Prices, 2019-2021 (USD/kg)

4.4 Expert Opinion

5. Polyurethane Market– Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Demand for Durable and Lightweight Materials from Several End -Use Industries

5.2 Market Restraints

5.2.1 Imposition of Strict Regulations on Raw Material Used in Polyurethane Manufacturing

5.2.2 Volatility of Raw Material Prices

5.3 Market Opportunities

5.3.1 Increased Support by Governments for Infrastructure Development Globally and Rising Use of PU as Insulation Material

5.4 Future Trends

5.4.1 Growing Demand for Low VOC, Green, and Sustainable Polyurethane

5.1 Impact Analysis

6. Polyurethane – Global Market Analysis

6.1 Polyurethane Market Overview

6.2 Polyurethane Market – Revenue Forecasts to 2028 (Volume) (US$ Million)

6.3 Market Positioning – Global Market Players

7. Polyurethane Market Analysis – By Raw Material

7.1 Overview

7.2 Polyurethane Market, By Raw Material (2020 and 2028)

7.3 Polyol

7.3.1 Overview

7.3.2 Polyol: Polyurethane Market – Revenue and Forecast To 2028 (Kilotons and US$ Million)

7.4 MDI

7.4.1 Overview

7.4.2 MDI: Polyurethane Market – Revenue and Forecast To 2028 (Kilotons and US$ Million)

7.5 TDI

7.5.1 Overview

7.5.2 TDI: Polyurethane Market – Revenue and Forecast To 2028 (Kilotons and US$ Million)

7.6 Others

7.6.1 Overview

7.6.2 Others: Polyurethane Market – Revenue and Forecast To 2028 (Kilotons and US$ Million)

8. Polyurethane Market Analysis – By Product

8.1 Overview

8.2 Polyurethane Market, By Product (2020 and 2028)

8.3 Rigid Foam

8.3.1 Overview

8.3.2 Rigid Foam: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

8.4 Flexible Foam

8.4.1 Overview

8.4.2 Flexible Foam: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

8.5 Coatings

8.5.1 Overview

8.5.2 Coatings: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

8.6 Adhesives

8.6.1 Overview

8.6.2 Adhesives: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

8.7 Sealants and Binders

8.7.1 Overview

8.7.2 Sealants and binders: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

8.8 Elastomers

8.8.1 Overview

8.8.2 Elastomers: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

8.9 Others

8.9.1 Overview

8.9.2 Others: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

9. Polyurethane Market Analysis – By Application

9.1 Overview

9.2 Polyurethane Market, By Application (2020 and 2028)

9.3 Furniture and Interiors

9.3.1 Overview

9.3.2 Furniture and Interiors: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

9.4 Construction

9.4.1 Overview

9.4.2 Construction: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

9.5 Electronics and Appliances

9.5.1 Overview

9.5.2 Electronics and Appliances: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

9.6 Automotive

9.6.1 Overview

9.6.2 Automotive: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

9.7 Footwear

9.7.1 Overview

9.7.2 Footwear: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

9.8 Packaging

9.8.1 Overview

9.8.2 Packaging: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

9.9 Others

9.9.1 Overview

9.9.2 Others: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

10. Polyurethane Market – Geographic Analysis

10.1 Overview

10.2 North America: Polyurethane Market

10.2.1 North America: Polyurethane Market –Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

10.2.2 North America: Polyurethane Market, Raw material

10.2.3 North America: Polyurethane Market, Product

10.2.4 North America: Polyurethane Market, Application

10.2.5 North America: Polyurethane Market, by Key Country

10.2.5.1 US: Polyurethane Market –Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

10.2.5.1.1 US: Polyurethane Market, Raw material

10.2.5.1.2 US: Polyurethane Market, Product

10.2.5.1.3 US: Polyurethane Market, Application

10.2.5.2 Canada: Polyurethane Market –Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

10.2.5.2.1 Canada: Polyurethane Market, Raw material

10.2.5.2.2 Canada: Polyurethane Market, Product

10.2.5.2.3 Canada: Polyurethane Market, Application

10.2.5.3 Mexico: Polyurethane Market –Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

10.2.5.3.1 Mexico: Polyurethane Market, Raw material

10.2.5.3.2 Mexico: Polyurethane Market, Product

10.2.5.3.3 Mexico: Polyurethane Market, Application

10.3 Europe: Polyurethane Market

10.3.1 Europe: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.3.2 Europe: Polyurethane Market, Raw Material

10.3.3 Europe: Polyurethane Market, by Product

10.3.4 Europe: Polyurethane Market, Application

10.3.5 Europe: Polyurethane Market, by Key Country

10.3.5.1 Germany: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.3.5.1.1 Germany: Polyurethane Market, by Raw Material

10.3.5.1.2 Germany: Polyurethane Market, by Product

10.3.5.1.3 Germany: Polyurethane Market, by Application

10.3.5.2 France: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.3.5.2.1 France: Polyurethane Market, by Raw Material

10.3.5.2.2 France: Polyurethane Market, by Product

10.3.5.2.3 France: Polyurethane Market, by Application

10.3.5.3 Italy: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.3.5.3.1 Italy: Polyurethane Market, by Raw Material

10.3.5.3.2 Italy: Polyurethane Market, by Product

10.3.5.3.3 Italy: Polyurethane Market, by Application

10.3.5.4 UK: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.3.5.4.1 UK: Polyurethane Market, by Raw Material

10.3.5.4.2 UK: Polyurethane Market, by Product

10.3.5.4.3 UK: Polyurethane Market, by Application

10.3.5.5 Russia: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.3.5.5.1 Russia: Polyurethane Market, by Raw Material

10.3.5.5.2 Russia: Polyurethane Market, by Product

10.3.5.5.3 Russia: Polyurethane Market, by Application

10.3.5.6 Netherlands: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.3.5.6.1 Netherlands: Polyurethane Market, by Raw Material

10.3.5.6.2 Netherlands: Polyurethane Market, by Product

10.3.5.6.3 Netherlands: Polyurethane Market, by Application

10.3.5.7 Rest of Europe: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.3.5.7.1 Rest of Europe: Polyurethane Market, by Raw Material

10.3.5.7.2 Rest of Europe: Polyurethane Market, by Product

10.3.5.7.3 Rest of Europe: Polyurethane Market, by Application

10.4 Asia Pacific: Polyurethane Market

10.4.1 Asia Pacific: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.4.2 Asia Pacific: Polyurethane Market, Raw Material

10.4.3 Asia Pacific: Polyurethane Market, Product

10.4.4 Asia Pacific: Polyurethane Market, Application

10.4.5 Asia Pacific: Polyurethane Market, by Key Country

10.4.5.1 China: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.4.5.1.1 China: Polyurethane Market, Raw Material

10.4.5.1.2 China: Polyurethane Market, Product

10.4.5.1.3 China: Polyurethane Market, Application

10.4.5.2 Australia: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.4.5.2.1 Australia: Polyurethane Market, Raw Material

10.4.5.2.2 Australia: Polyurethane Market, Product

10.4.5.2.3 Australia: Polyurethane Market, Application

10.4.5.3 Japan: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.4.5.3.1 Japan: Polyurethane Market, Raw Material

10.4.5.3.2 Japan: Polyurethane Market, Product

10.4.5.3.3 Japan: Polyurethane Market, Application

10.4.5.4 India: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.4.5.4.1 India: Polyurethane Market, Raw Material

10.4.5.4.2 India: Polyurethane Market, Product

10.4.5.4.3 India: Polyurethane Market, Application

10.4.5.5 South Korea: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.4.5.5.1 South Korea: Polyurethane Market, Raw Material

10.4.5.5.2 South Korea: Polyurethane Market, Product

10.4.5.5.3 South Korea: Polyurethane Market, Application

10.4.5.6 Rest of Asia Pacific: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

10.4.5.6.1 Rest of Asia Pacific: Polyurethane Market, Raw Material

10.4.5.6.2 Rest of Asia Pacific: Polyurethane Market, Product

10.4.5.6.3 Rest of Asia Pacific: Polyurethane Market, Application

10.5 MEA: Polyurethane Market

10.5.1 MEA: Polyurethane Market – Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.5.2 MEA: Polyurethane Market, Raw Material

10.5.3 MEA: Polyurethane Market, Product

10.5.4 MEA: Polyurethane Market, Application

10.5.5 MEA: Polyurethane Market, by Key Country

10.5.5.1 South Africa: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.5.5.1.1 South Africa: Polyurethane Market, Raw Material

10.5.5.1.2 South Africa: Polyurethane Market, Product

10.5.5.1.3 South Africa: Polyurethane Market, Application

10.5.5.2 Saudi Arabia: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.5.5.2.1 Saudi Arabia: Polyurethane Market, Raw Material

10.5.5.2.2 Saudi Arabia: Polyurethane Market, Product

10.5.5.2.3 Saudi Arabia: Polyurethane Market, Application

10.5.5.3 UAE: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.5.5.3.1 UAE: Polyurethane Market, Raw Material

10.5.5.3.2 UAE: Polyurethane Market, Product

10.5.5.3.3 UAE: Polyurethane Market, Application

10.5.5.4 Turkey: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.5.5.4.1 Turkey: Polyurethane Market, Raw Material

10.5.5.4.2 Turkey: Polyurethane Market, Product

10.5.5.4.3 Turkey: Polyurethane Market, Application

10.5.5.5 Rest of MEA: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.5.5.5.1 Rest of MEA: Polyurethane Market, Raw Material

10.5.5.5.2 Rest of MEA: Polyurethane Market, Product

10.5.5.5.3 Rest of MEA: Polyurethane Market, Application

10.6 South America: Polyurethane Market

10.6.1 South America: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.6.2 South America: Polyurethane Market, by Raw Material

10.6.3 South America: Polyurethane Market, by Product

10.6.4 South America: Polyurethane Market, by Application

10.6.5 South America: Polyurethane Market, by Key Country

10.6.5.1 Brazil: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.6.5.1.1 Brazil: Polyurethane Market, by Raw Material

10.6.5.1.2 Brazil: Polyurethane Market, by Product

10.6.5.1.3 Brazil: Polyurethane Market, by Application

10.6.5.2 Argentina: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.6.5.2.1 Argentina: Polyurethane Market, by Raw Material

10.6.5.2.2 Argentina: Polyurethane Market, by Product

10.6.5.2.3 Argentina: Polyurethane Market, by Application

10.6.5.3 Rest of South America: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

10.6.5.3.1 Rest of South America: Polyurethane Market, by Raw Material

10.6.5.3.2 Rest of South America: Polyurethane Market, by Product

10.6.5.3.3 Rest of South America: Polyurethane Market, by Application

11. Impact COVID-19 Pandemic on Global Polyurethane Market

11.1 Impact of COVID-19 on Polyurethane Market

11.2 North America: Impact Assessment of COVID-19 Pandemic

11.3 Europe: Impact Assessment of COVID-19 Pandemic

11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

11.6 South America: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Mergers & acquisition

12.2 Company News

13. Company Profiles

13.1 Covestro AG

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 FXI

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Huntsman Corporation

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Lubrizol Corporation

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Mitsui Chemicals, Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 BASF SE

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 The Dow Chemical Company

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 DIC CORPORATION

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Recticel NV

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Tosoh Corporation

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments


LIST OF TABLES

Table 1. Polyurethane Market –Revenue Forecast to 2028 (Kilotons and US$ Million)

Table 2. Polyurethane Market, By Polyol – Revenue Forecasts to 2028 (Kilotons and US$ Million)

Table 3. Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (Kilotons and US$ Million)

Table 4. North America Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 5. North America Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 6. North America Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 7. North America Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 8. North America Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 9. North America Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 10. U.S. Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 11. U.S. Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 12. U.S. Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 13. U.S. Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 14. U.S. Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 15. U.S. Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 16. Canada Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 17. Canada Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 18. Canada Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 19. Canada Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 20. Canada Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 21. Canada Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 22. Mexico Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 23. Mexico Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 24. Mexico Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 25. Mexico Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 26. Mexico Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 27. Mexico Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 28. Europe Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilo Tons)

Table 29. Europe Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 30. Europe Polyurethane Market, Product – Volume and Forecast to 2028 (Kilo Tons)

Table 31. Europe Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 32. Europe Polyurethane Market, Application – Volume and Forecast to 2028 (Kilo Tons)

Table 33. Europe Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 34. Germany Polyurethane Market, by Raw Material- Volume and Forecast to 2028 (Kilo Tons)

Table 35. Germany Polyurethane Market, by Raw Material- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 36. Germany Polyurethane Market, by Product- Volume and Forecast to 2028 (Kilo Tons)

Table 37. Germany Polyurethane Market, by Product- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 38. Germany Polyurethane Market, by Application- Volume and Forecast to 2028 (Kilo Tons)

Table 39. Germany Polyurethane Market, by Application- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 40. France Polyurethane Market, by Raw Material- Volume and Forecast to 2028 (Kilo Tons)

Table 41. France Polyurethane Market, by Raw Material- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 42. France Polyurethane Market, by Product- Volume and Forecast to 2028 (Kilo Tons)

Table 43. France Polyurethane Market, by Product- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 44. France Polyurethane Market, by Application- Volume and Forecast to 2028 (Kilo Tons)

Table 45. France Polyurethane Market, by Application- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 46. Italy Polyurethane Market, by Raw Material- Volume and Forecast to 2028 (Kilo Tons)

Table 47. Italy Polyurethane Market, by Raw Material- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 48. Italy Polyurethane Market, by Product- Volume and Forecast to 2028 (Kilo Tons)

Table 49. Italy Polyurethane Market, by Product- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 50. Italy Polyurethane Market, by Application- Volume and Forecast to 2028 (Kilo Tons)

Table 51. Italy Polyurethane Market, by Application- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 52. UK Polyurethane Market, by Raw Material- Volume and Forecast to 2028 (Kilo Tons)

Table 53. UK Polyurethane Market, by Raw Material- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 54. UK Polyurethane Market, by Product- Volume and Forecast to 2028 (Kilo Tons)

Table 55. UK Polyurethane Market, by Product- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 56. UK Polyurethane Market, by Application- Volume and Forecast to 2028 (Kilo Tons)

Table 57. UK Polyurethane Market, by Application- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 58. Russia Polyurethane Market, by Raw Material- Volume and Forecast to 2028 (Kilo Tons)

Table 59. Russia Polyurethane Market, by Raw Material- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 60. Russia Polyurethane Market, by Product- Volume and Forecast to 2028 (Kilo Tons)

Table 61. Russia Polyurethane Market, by Product- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 62. Russia Polyurethane Market, by Application- Volume and Forecast to 2028 (Kilo Tons)

Table 63. Russia Polyurethane Market, by Application- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 64. Netherlands Polyurethane Market, by Raw Material- Volume and Forecast to 2028 (Kilo Tons)

Table 65. Netherlands Polyurethane Market, by Raw Material- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 66. Netherlands Polyurethane Market, by Product- Volume and Forecast to 2028 (Kilo Tons)

Table 67. Netherlands Polyurethane Market, by Product- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 68. Netherlands Polyurethane Market, by Application- Volume and Forecast to 2028 (Kilo Tons)

Table 69. Netherlands Polyurethane Market, by Application- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 70. Rest of Europe Polyurethane Market, by Raw Material- Volume and Forecast to 2028 (Kilo Tons)

Table 71. Rest of Europe Polyurethane Market, by Raw Material - Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 72. Rest of Europe Polyurethane Market, by Product- Volume and Forecast to 2028 (Kilo Tons)

Table 73. Rest of Europe Polyurethane Market, by Product- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 74. Rest of Europe Polyurethane Market, by Application- Volume and Forecast to 2028 (Kilo Tons)

Table 75. Rest of Europe Polyurethane Market, by Application- Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 76. Asia Pacific Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 77. Asia-Pacific Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 78. Asia Pacific Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 79. Asia-Pacific Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 80. Asia Pacific Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 81. Asia-Pacific Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 82. China Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 83. China Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilo Tons)

Table 84. China Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 85. China Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilo Tons)

Table 86. China Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 87. China Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilo Tons)

Table 88. Australia Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 89. Australia Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilo Tons)

Table 90. Australia Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 91. Australia Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilo Tons)

Table 92. Australia Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 93. Australia Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilo Tons)

Table 94. Japan Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 95. Japan Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilo Tons)

Table 96. Japan Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 97. Japan Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilo Tons)

Table 98. Japan Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 99. Japan Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilo Tons)

Table 100. India Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 101. India Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilo Tons)

Table 102. India Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 103. India Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilo Tons)

Table 104. India Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 105. India Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilo Tons)

Table 106. South Korea Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 107. South Korea Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilo Tons)

Table 108. South Korea Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 109. South Korea Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilo Tons)

Table 110. South Korea Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 111. South Korea Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilo Tons)

Table 112. Rest of Asia Pacific Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (USD Million)

Table 113. Rest of Asia Pacific Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilo Tons)

Table 114. Rest of Asia Pacific Polyurethane Market, by Product – Revenue and Forecast to 2028 (USD Million)

Table 115. Rest of Asia Pacific Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilo Tons)

Table 116. Rest of Asia Pacific Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (USD Million)

Table 117. Rest of Asia Pacific Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilo Tons)

Table 118. MEA Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 119. Middle East and Africa Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 120. MEA Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 121. Middle East and Africa Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 122. MEA Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 123. Middle East and Africa Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 124. South Africa Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 125. South Africa Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 126. South Africa Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 127. South Africa Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 128. South Africa Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 129. South Africa Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 130. Saudi Arabia Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 131. Saudi Arabia Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 132. Saudi Arabia Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 133. Saudi Arabia Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 134. Saudi Arabia Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 135. Saudi Arabia Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 136. UAE Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 137. UAE Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 138. UAE Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 139. UAE Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 140. UAE Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 141. UAE Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 142. Turkey Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 143. Turkey Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 144. Turkey Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 145. Turkey Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 146. Turkey Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 147. Turkey Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 148. Rest of MEA Polyurethane Market, Raw Material – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 149. Rest of Middle East and Africa Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 150. Rest of MEA Polyurethane Market, Product – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 151. Rest of Middle East and Africa Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 152. Rest of MEA Polyurethane Market, Application – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 153. Rest of Middle East and Africa Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 154. South America Polyurethane Market, by Raw Material– Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 155. South and Central America Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 156. South America Polyurethane Market, by Product– Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 157. South and Central America Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 158. South America Polyurethane Market, by Application– Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 159. South and Central America Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 160. Brazil Polyurethane Market, by Raw Material – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 161. Brazil Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 162. Brazil Polyurethane Market, by Product – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 163. Brazil Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 164. Brazil Polyurethane Market, By Application – Volume & Revenue Forecasts to 2028 (Kilotons and US$ Million)

Table 165. Brazil Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 166. Table Title

Table 167. Argentina Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 168. Argentina Polyurethane Market, by Product– Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 169. Argentina Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 170. Argentina Polyurethane Market, by Application– Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 171. Argentina Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

Table 172. Rest of South America Polyurethane Market, by Raw Material– Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 173. Rest of South and Central America Polyurethane Market, by Raw Material – Volume and Forecast to 2028 (Kilotons)

Table 174. Rest of South America Polyurethane Market, by Product– Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 175. Rest of South and Central America Polyurethane Market, by Product – Volume and Forecast to 2028 (Kilotons)

Table 176. Rest of South America Polyurethane Market, by Application– Revenue and Forecast to 2028 (Kilotons and US$ Million)

Table 177. Rest of South and Central America Polyurethane Market, by Application – Volume and Forecast to 2028 (Kilotons)

LIST OF FIGURES

Figure 1. Polyurethane Market Segmentation

Figure 2. Polyurethane Market Segmentation – By Geography

Figure 3. Global Polyurethane Market Overview

Figure 4. Flexible Foam Segment Held Largest Share of Global Polyurethane Market

Figure 5. Asia Pacific Region Held Largest Share of Global Polyurethane Market

Figure 6. Global Polyurethane Market, Key Market Players

Figure 7. North America PEST Analysis

Figure 8. Europe: PEST Analysis

Figure 9. APAC: PEST Analysis

Figure 10. MEA: PEST Analysis

Figure 11. SAM: PEST Analysis

Figure 12. Polyurethane Prices, 2019-2021 (USD/kg)

Figure 13. Expert Opinion

Figure 14. Impact Analysis of Drivers and Restraints

Figure 15. Geographic Overview of Polyurethane Market

Figure 16. Global: Polyurethane Market – Revenue Forecast to 2028 (Volume) (US$ Million)

Figure 17. Polyurethane Market Revenue Share, By Raw Material (2020 and 2028)

Figure 18. Polyol: Polyurethane Market – Volume, Revenue and Forecast To 2028 (Kilotons and US$ Million)

Figure 19. MDI: Polyurethane Market – Revenue and Forecast To 2028 (Kilotons and US$ Million)

Figure 20. TDI: Polyurethane Market – Revenue and Forecast To 2028 (Kilotons and US$ Million)

Figure 21. Others: Polyurethane Market – Revenue and Forecast To 2028 (Kilotons and US$ Million)

Figure 22. Polyurethane Market Revenue Share, By Product (2020 and 2028)

Figure 23. Rigid Foam: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 24. Flexible Foam: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 25. Coatings: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 26. Adhesives: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 27. Sealants and binders: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 28. Elastomers: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 29. Others: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 30. Polyurethane Market Revenue Share, By Application (2020 and 2028)

Figure 31. Furniture and Interiors: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 32. Construction: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 33. Electronics and Appliances: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 34. Automotive: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 35. Footwear: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 36. Packaging: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 37. Others: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 38. Global Polyurethane Market Revenue Share, by Region (2020 and 2028)

Figure 39. North America: Polyurethane Market – Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 40. North America: Polyurethane Market Revenue Share, Raw material (2020 and 2028)

Figure 41. North America: Polyurethane Market Revenue Share, Product (2020 and 2028)

Figure 42. North America: Polyurethane Market Revenue Share, Application (2020 and 2028)

Figure 43. North America: Polyurethane Market Revenue Share, by Key Country (2020 and 2028)

Figure 44. US: Polyurethane Market –Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 45. Canada: Polyurethane Market –Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 46. Mexico: Polyurethane Market –Revenue and Volume Forecasts to 2028 (Kilotons and US$ Million)

Figure 47. Europe: Polyurethane Market – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 48. Europe: Polyurethane Market Revenue Share, by Raw Material (2020 and 2028)

Figure 49. Europe: Polyurethane Market Revenue Share, by Product (2020 and 2028)

Figure 50. Europe: Polyurethane Market Revenue Share, Application (2020 and 2028)

Figure 51. Europe: Polyurethane Market Revenue Share, by Key Country (2020 and 2028)

Figure 52. Germany: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 53. France: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 54. Italy: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 55. UK: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 56. Russia: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 57. Netherlands: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 58. Rest of Europe: Polyurethane Market –Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 59. Asia Pacific: Polyurethane Market – Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 60. Asia Pacific: Polyurethane Market Revenue Share, Raw Material (2020 and 2028)

Figure 61. Asia Pacific: Polyurethane Market Revenue Share, Product (2020 and 2028)

Figure 62. Asia Pacific: Polyurethane Market Revenue Share, Application (2020 and 2028)

Figure 63. Asia Pacific: Polyurethane Market Revenue Share, by Key Country (2020 and 2028)

Figure 64. China: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 65. Australia: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 66. Japan: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 67. India: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 68. South Korea: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 69. Rest of Asia Pacific: Polyurethane Market – Volume, Revenue and Forecast to 2028 (Kilotons and US$ Million)

Figure 70. MEA: Polyurethane Market – Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 71. MEA: Polyurethane Market Revenue Share, Raw Material (2020 and 2028)

Figure 72. MEA: Polyurethane Market Revenue Share, Product (2020 and 2028)

Figure 73. MEA: Polyurethane Market Revenue Share, Application (2020 and 2028)

Figure 74. MEA: Polyurethane Market Revenue Share, by Key Country (2020 and 2028)

Figure 75. South Africa: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 76. Saudi Arabia: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 77. UAE: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 78. Turkey: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 79. Rest of MEA: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 80. South America: Polyurethane Market – Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 81. South America: Polyurethane Market Revenue Share, by Raw Material (2020 and 2028)

Figure 82. South America: Polyurethane Market Revenue Share, by Product (2020 and 2028)

Figure 83. South America: Polyurethane Market Revenue Share, by Application (2020 and 2028)

Figure 84. South America: Polyurethane Market Revenue Share, by Key Country (2020 and 2028)

Figure 85. Brazil: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 86. Argentina: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 87. Rest of South America: Polyurethane Market –Revenue and Volume Forecast to 2028 (Kilotons and US$ Million)

Figure 88. Impact of COVID-19 Pandemic in North American Country Markets

Figure 89. Impact of COVID-19 Pandemic in Europe Country Markets

Figure 90. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 91. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets

Figure 92. Impact of COVID-19 Pandemic in South America Country Markets

The List of Companies - Polyurethane Market

  1. Covestro AG
  2. FXI
  3. Huntsman Corporation
  4. Lubrizol Corporation
  5. Mitsui Chemicals, Inc.
  6. BASF SE
  7. The Dow Chemical Company
  8. DIC CORPORATION
  9. Recticel NV
  10. Tosoh Corporation
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global polyurethane market, thereby allowing players to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Frequently Asked Questions

The polyols segment held the largest share of the market during the forecast period. Polyols are organic compounds with multiple hydroxyl groups. They are amongst key raw materials used in the production of polyurethanes. Polyurethanes are made by reacting a polyol with a diisocyanate or a polymeric isocyanate in the presence of appropriate catalysts and additives. A wide range of polyols are used to produce polyurethanes that meet the requirements of different applications including cushioning and insulation, coatings, apparel, and electronics.

The key players operating in the polyurethane market are Covestro AG, The Dow Chemical Company, BASF SE, Mitsui Chemicals, Inc., and Huntsman Corporation.

In 2021, Asia Pacific accounted for the largest share of the global polyurethane market. The region also held the largest CAGR during the forecast period. The polyurethane market in the region comprises several economies such as China, India, Japan, South Korea, Australia, and Rest of APAC. These countries are witnessing an upsurge due to growth in urbanization, increasing manufacturing industries coupled with growing industrialization which offers ample opportunities for key market players in the polyurethane market.

The flexible foam segment held the largest share of the market during the forecast period. Flexible polyurethane foam is characterized by a cellular structure that allows for some degree of compression also resilience which provides a cushioning effect. Due to this property, it is a favored material in furniture, athletic equipment, packaging, footwear, bedding, automotive seating, and carpet cushion. It further plays a valuable role in soundproofing as well as filtration

In 2021, furniture and interiors accounted for the largest share of the global polyurethane market. Polyurethane in the form of flexible foam is the most popular material utilized in home furnishings, including furniture, bedding, and carpet underlay. As a cushioning material for upholstered furniture, flexible polyurethane foam acts to make furniture more durable, comfortable also supportive.

The electronics and appliances segment held the largest share of the market during the forecast period. Non-foam polyurethanes also called potting compounds, are frequently utilized in the electrical & electronics industries to encapsulate, seal & insulate fragile microelectronic components, pressure-sensitive underwater cables, and printed circuit boards. Polyurethane potting compounds are particularly formulated by developers to meet a diverse range of thermal, physical, and electrical properties. They can protect electronics by providing excellent dielectric as well as adhesive properties, exceptional solvent, water, and extreme temperature resistance. Polyurethanes are important in major appliances that consumers utilize every day.

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