| Market revenue in 2025 | USD 1,415.4 million |
| Market revenue in 2033 | USD 3,341.1 million |
| Growth rate | 11.9% (CAGR from 2026 to 2033) |
| Largest segment | Methylene diphenyl di-isocyanate |
| Fastest growing segment | Polyols |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Toluene Di-isocyanate, Methylene Diphenyl Di-isocyanate, Polyols |
| Key market players worldwide | Dow Inc, Basf SE, Covestro AG, Huntsman Corp, Eastman Chemical Co, Mitsui & Co Ltd, Mitsubishi Chemical Group Corp, Woodbridge, DIC Corp, RTP Company, The Lubrizol Corp, Tosoh Corp |
Building & construction industry in Canada is offering lucrative growth opportunities. Availability of labor at low cost as compared to that in the U.S. and lucrative foreign investment policies in the country are attracting the attention of foreign players to set up their plants in Canada.
In addition, investments by the government of Canada in infrastructure development are anticipated to boost the growth of construction industry, thereby augmenting the demand for polyurethane over the forecast period.
Moreover, under the Green Infrastructure programs, the government has announced its plan to invest around USD 481 million for the deployment projects across four streams: renewables, electric vehicle infrastructure, smart grids, and reduction of diesel use in rural and remote communities.
Publish Date: Mar 13, 2026
Last Updated: Aug 26, 2026
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| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Dow Inc | View profile | 35,900 | 2211 H.H. Dow Way, Midland, MI, United States, 48674 | www.dow.com |
| Huntsman Corp | View profile | 6,000 | 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 | www.huntsman.com |
| Covestro AG | View profile | 17,520 | Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 | www.covestro.com/en |
| Eastman Chemical Co | View profile | 14,000 | 200 South Wilcox Drive, Kingsport, TN, United States, 37662 | www.eastman.com |
| The Lubrizol Corp | View profile | 5001-10000 | Wickliffe, Ohio, United States, North America | www.lubrizol.com/ |
| Mitsubishi Chemical Group Corp | View profile | 74,632 | 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 | www.mcgc.com |
| DIC Corp | View profile | 22,255 | DIC Building, 7-20, Nihonbashi 3-chome, Chuo-ku, Tokyo, Japan, 103-8233 | www.dic-global.com/en/index.html |
| Woodbridge | View profile | 5001-10000 | Mississauga, Ontario, Canada, North America | www.woodbridgegroup.com |
| Tosoh Corp | View profile | 14,266 | 3-8-2 Shiba, Minata-ku, Tokyo, Japan, 105-8623 | www.tosoh.com |
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Polyurethane Market Outlook will help companies and investors design strategic landscapes.
Methylene Diphenyl Di-Isocyanate was the largest segment with a revenue share of 37.69% in 2025.
Horizon Databook has segmented the Canada polyurethane market based on toluene di-isocyanate, methylene diphenyl di-isocyanate, polyols covering the revenue growth of each sub-segment from 2021 to 2033.
Building & construction industry in Canada is offering lucrative growth opportunities. Availability of labor at low cost as compared to that in the U.S. and lucrative foreign investment policies in the country are attracting the attention of foreign players to set up their plants in Canada.
In addition, investments by the government of Canada in infrastructure development are anticipated to boost the growth of construction industry, thereby augmenting the demand for polyurethane over the forecast period.
Moreover, under the Green Infrastructure programs, the government has announced its plan to invest around USD 481 million for the deployment projects across four streams: renewables, electric vehicle infrastructure, smart grids, and reduction of diesel use in rural and remote communities.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada Polyurethane Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Polyurethane Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
