China Polyurethane Market Size & Outlook, 2026-2033
- Plastics Polymers & Resins
- Plastic Resins
- Polyurethane Market Outlook
- Plastic Resins
Global Market
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China polyurethane market highlights
- The China polyurethane market generated a revenue of USD 20,823.1 million in 2025 and is expected to reach USD 56,436.1 million by 2033.
- The China market is expected to grow at a CAGR of 13.8% 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 20,823.1 million |
| Market revenue in 2033 | USD 56,436.1 million |
| Growth rate | 13.8% (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, China accounted for 24.6% of the global polyurethane market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China polyurethane market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 17,071.0 million by 2033.
The country is a lucrative market for investments as compared to Western economies. Constant infrastructural investments are expected to sustain economic growth and the automotive, aerospace, and construction sector are expected to benefit from reforms.
However, these prospects are not longterm and growth is likely to remain slow in the industrial sector, which is likely to impact PU consumption over the forecast period. China’s construction market is likely to outperform other Southeast Asian countries, owing to government initiatives and funding to retain its development.
For instance, according to the National Development and Reform Commission (NDRC), eight fixed-asset investment projects worth 18.8 billion yuan (US $ 2.78 billion) focused on information, energy, and other areas were completed in April 2022.
Key Regions:U.S., UK, Japan, Brazil, South Korea
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Publish Date: Mar 13, 2026
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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 |
China 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 38.28% in 2025.
Horizon Databook has segmented the China polyurethane market based on toluene di-isocyanate, methylene diphenyl di-isocyanate, polyols covering the revenue growth of each sub-segment from 2021 to 2033.
The country is a lucrative market for investments as compared to Western economies. Constant infrastructural investments are expected to sustain economic growth and the automotive, aerospace, and construction sector are expected to benefit from reforms.
However, these prospects are not longterm and growth is likely to remain slow in the industrial sector, which is likely to impact PU consumption over the forecast period. China’s construction market is likely to outperform other Southeast Asian countries, owing to government initiatives and funding to retain its development.
For instance, according to the National Development and Reform Commission (NDRC), eight fixed-asset investment projects worth 18.8 billion yuan (US $ 2.78 billion) focused on information, energy, and other areas were completed in April 2022.
- China Polyurethane Market Raw Material Outlook (Revenue, USD Million , 2021-2033)
- Toluene Di-isocyanate
- Methylene Diphenyl Di-isocyanate
- Polyols
- Others
- China Polyurethane Market Product Outlook (Revenue, USD Million , 2021-2033)
- Rigid Foam
- Flexible Foam
- Coatings
- Adhesives & Sealants
- Elastomers
- Others
- China 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)
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Horizon Databook provides a detailed overview of country-level data and insights on the China Polyurethane Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Polyurethane Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
China Polyurethane Market, 2021-2033 (US$M)
China polyurethane market statistics, by raw material, 2021-2033 (Kilo Tons)
