Canada Polyurethane Market Size & Outlook, 2026-2033
- Plastics Polymers & Resins
- Plastic Resins
- Polyurethane Market Outlook
- Plastic Resins
Global Market
Related Markets
Ask a question about the polyurethane market
Canada polyurethane market highlights
- The Canada polyurethane market generated a revenue of USD 1,415.4 million in 2025 and is expected to reach USD 3,341.1 million by 2033.
- The Canada market is expected to grow at a CAGR of 11.9% from 2026 to 2033.
- In terms of segment, methylene diphenyl di-isocyanate was the largest revenue generating raw material in 2025.
- Polyols is the most lucrative raw material segment registering the fastest growth during the forecast period.
Polyurethane market data book summary
| 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 1.7% of the global polyurethane market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. polyurethane market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 4,454.3 million by 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.
Key Regions:U.S., UK, Japan, Brazil, South Korea
No credit card required*
Publish Date: Mar 13, 2026
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Polyurethane Market Scope
Polyurethane Market Companies
| 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 |
Canada Polyurethane Market Outlook
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.
- Canada Polyurethane Market Raw Material Outlook (Revenue, USD Million , 2021-2033)
- Toluene Di-isocyanate
- Methylene Diphenyl Di-isocyanate
- Polyols
- Others
- Canada Polyurethane Market Product Outlook (Revenue, USD Million , 2021-2033)
- Rigid Foam
- Flexible Foam
- Coatings
- Adhesives & Sealants
- Elastomers
- Others
- Canada Polyurethane Market End Use Outlook (Revenue, USD Million , 2021-2033)
- Furniture and Interiors
- Construction
- Electronics & Appliances
- Automotive
- Footwear
- Packaging
- Others ( Industrial insulation, CASE and so on)
Reasons to subscribe to Polyurethane Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Polyurethane Market Outlook databook
- Our clientele includes a mix of Polyurethane Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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.
Canada Polyurethane Market, 2021-2033 (US$M)
Canada polyurethane market statistics, by raw material, 2021-2033 (Kilo Tons)
