Polyurethane Processing Machine Market Size, Share & Trends Analysis Report By Product (Dosing System, Mixing Heads), By Type (High Pressure, Low Pressure), By End-Use, By Region, And Segment Forecasts, 2022 - 2030

Report Overview

The global polyurethane processing machine market size was valued at USD 3.74 billion in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 3.8% from 2022 to 2030.  Rising demand for automotive vehicles across the world is driving the need for polyurethane processing machines in the global market.

The outbreak of COVID-19 negatively impacted the global polyurethane processing machine market. Due to the disruption of the supply chain and restrictions, various industries remain shut for most of 2020 including, construction, automotive, manufacturing, etc. Thus, demand for the processing unit of polyurethane declined and affected the market growth.

In the U.S., rising activities of polyurethane foam production intended for application in furniture, carpet, and mattresses are expected to drive the market. Moreover, Returning American Manufacturing Potential Act was introduced in August 2022 which is expected to encourage domestic small & medium manufacturing businesses and give momentum to polyurethane processing, driving the demand for machines.

Global polyurethane processing machine market growth is significantly driven by the increasing automotive industry. Fueled by pent-up consumer demand and new product launches, the automotive industry is expected to witness strong growth. This is eventually estimated to drive demand for polyurethane foam interior parts and processing machines.

Additionally, new construction of residential and commercial buildings is estimated to drive the demand for polyurethane processing. Polyurethane is extensively used in buildings as an insulating material for cavity walls, roofs, floors, and around pipes. Growth in the population and urbanization is creating demand for new building construction and restoration of old buildings.

Furthermore, the growing application of polyurethane in the medical field and related new developments are expected to facilitate the enlargement of the polyurethane processing machine market. I Increase in the usage of polyurethane can be attributed to its non-toxicity to the human body. Hospital bedding, catheters, analysis device housings, and tubes, are some of the prominent applications of polyurethane.

Product Insights

The global market was dominated by the mixing head segment, which accounted for a 30.2% share of the market in 2021. This is attributed to its wide application for mixing chemicals and is crucial for dispersing the material as per the desired output. Various types of mixing heads are available in the market which include L-Style mix heads, straight-style mix heads, and spray-style mix heads.

The foaming equipment is expected to witness significant growth with a CAGR of 5.2% during the forecast period. PU foaming equipment is used for manufacturing molded components, rigid foams, and flexible foams. Increasing demand in numerous applications such as decoration, furniture, refrigerators, insulation materials, and various components of automobiles is expected to drive the segment’s growth.

The metering equipment plays an important role during polyurethane processing. For the end product to have the desired properties, the amounts of raw materials must be accurately metered in a set ratio. Metering equipment consists of pumps, and control panels for the temperature, flow rate, & pressure.

Other products in polyurethane processing machinery include turntable systems, overhead track systems, and floor track systems. The turntable molding systems are used in the production of flexible and molded PU components ensuring continuous motion.  Increasing demand for automation and safe working conditions is expected to drive the demand for these systems.

Type Insights

The high-pressure segment of the global polyurethane processing machine dominated the market and accounted for 68.0% market share in 2021. High-pressure polyurethane processing machinery includes precision metering pumps and high-pressure mix heads which are usually applied for handling different viscous raw materials.

High-pressure metering units are standard in many polyurethane processing applications. These machines allow efficient and economical production of wide ranges of flexible, semi-flexible, and rigid PU foams. The high-pressure processing machines are used in various applications including home appliances, automotive, and construction insulation.

The low-pressure segment of the global market is anticipated to witness significant growth with a CAGR of 4.1% during the forecast period. These machines are also used when multiple streams of chemicals require to be handled differently prior to the mixture. Low-pressure PU machines are utilized to insulate small to mid-size areas with low equipment costs.

Low-pressure PU processing machines often find applications in numerous industries, especially those that require coatings, sealants, elastomers, and adhesive polyurethanes. For instance, in the automotive industry, these machines are utilized in vehicle coatings to deliver the gloss and ensure color retention while at the same time safeguarding the vehicle from corrosion and scratches.

End-Use Insights

The construction segment dominated the global polyurethane processing machine market and accounted for 22.3% market revenue share in 2021. This is attributed to the wide application of polyurethane processing machines in construction. Polyurethanes are regarded as affordable, safe, & durable materials during building construction used for the insulation of walls, roofs, and floors.

The automotive segment of the end-use is anticipated to register robust growth, witnessing a CAGR of 4.7% during the forecast period. This is significantly attributed to the increasing automotive production facilitated by the rising demand. As a result of the augment in consumer affordability and purchasing power, demand for personal vehicles is rising tremendously.

Application of the polyurethane in the medical field is rising owing to increasing research and development. Due to its biocompatibility, polyurethane finds application in various procedures, from cardiovascular surgeries to skin injuries. Processing machines are widely used for the production of feeding tubes, surgical drains, dialysis devices, and balloon pumps.

Polyurethane processing machines are also used for the production of furniture and bedding products. Various products such as mattresses, furniture, carpet, upholstery, etc. are produced from flexible polyurethane foams which provide high durability, comfort, and supportive structure.

Regional Insights

Asia Pacific dominated the global polyurethane processing machine market accounting for a 42.2% share in 2021. This is significantly attributed to the extensive manufacturing industry present in the region that significantly demands polyurethane processing machines. During the forecast period, the region is anticipated to witness strong growth due to increased industrialization.

China is home to the world’s largest automobile, consumer products, appliances, and other goods manufacturing. Moreover, according to the Plastics Europe, European trade association, China also accounts for a significant share in the world production of plastic materials including thermoplastic and polyurethanes. Furthermore, the country is anticipated to witness prominent growth attributed to the rising investments in industrial manufacturing.

Demand for polyurethane processing machines in North America is expected to be driven by the increasing investments and expansion of the manufacturing industry. During the forecast period, North America is anticipated to witness a CAGR of 3.7%, driven by growing industrialization in Canada and Mexico.

Middle East and Africa market is also expected to register strong growth during the forecast period, which is driven by the increasing investment and rising opportunity in the field of the processing industry. Moreover, the increasing expansion of automotive manufacturing, consumer goods, and other products in the region is also expected to boost market growth.

Key Companies & Market Share Insights

The key players in the market are aggressively focusing on strategic activities to gain market penetration and increase revenue generation. Merger &  acquisition, joint venture, product development, and partnership are some of the strategies opted out by the key players.

For instance, in February 2020, it was announced that Hennecke GmbH and Frimo Group formed a strategic partnership in the sector of polyurethane and other reactive plastic applications. The partnership is expected to provide added value for customers in the automobile industry. Some of the prominent players in the global Polyurethane Processing Machine market include:

• Linde plc

• Frimo Group GmbH

• Rim Polymer Industries Pte. Ltd.

• LEWA GmbH

• Haitian Group

• KraussMaffei Group

• Hennecke GmbH

• Wittmann Group

• Engel Austria GmbH

• Graco Inc.

Polyurethane Processing Machine Market Report Scope

Global Polyurethane Processing Machine Market Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global Polyurethane Processing Machine Market based on the  product, type, end-use, and region:

• Product Outlook (Revenue, USD Million, 2017 - 2030)

  • Dosing systems

  • Mixing Heads

  • Metering Equipment

  • Foaming Equipment

  • Other

• Type Outlook (Revenue, USD Million, 2017 - 2030)

  • High Pressure

  • Low Pressure

• End-Use Outlook (Revenue, USD Million, 2017 - 2030)

  • Construction

  • Automotive

  • Medical

  • Consumer Products

  • Other

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Central & South America

    • Brazil

    • Argentina

  • Middle East & Africa

    • Saudi Arabia

    • South Africa