Polyurethane Market Size, Share & Trends Report

Polyurethane Market Size, Share & Trends Analysis Report By Raw Material (Toluene Di-isocyanate, Methylene Diphenyl Di-isocyanate, Polyols), By Product, By Application, By Region, And Segment Forecasts, 2024 - 2030

Report ID: 978-1-68038-262-4
Number of Pages: 130
Format: Electronic (PDF)

Historical Range: 2019 - 2023
Industry: Bulk Chemicals

Market Segmentation

Polyurethane Raw Material Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Toluene Di-isocyanate
- Methylene Diphenyl Di-isocyanate
- Polyols
- Others
Polyurethane Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Rigid Foam
- Flexible Foam
- Coatings
- Adhesives & Sealants
- Elastomers
- Others
Polyurethane Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Furniture and Interiors
- Construction
- Electronics & Appliances
- Automotive
- Footwear
- Packaging
- Others
Polyurethane Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
  - North America Polyurethane Market, By raw material
    - Toluene Di-isocyanate
    - Methylene Diphenyl Di-isocyanate
    - Polyols
    - Others
  - North America Polyurethane Market, By Product
    - Rigid Foam
    - Flexible Foam
    - Coatings
    - Adhesives & Sealants
    - Elastomers
    - Others
  - North America Polyurethane Market, By Application
    - Furniture and Interiors
    - Construction
    - Electronics & Appliances
    - Automotive
    - Footwear
    - Packaging
    - Others
  - U.S.
    - U.S. Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - U.S. Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - U.S. Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Canada
  - Mexico
    - Mexico Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Mexico Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Mexico Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
- Europe
  - Europe Polyurethane Market, By raw material
    - Toluene Di-isocyanate
    - Methylene Diphenyl Di-isocyanate
    - Polyols
    - Others
  - Europe Polyurethane Market, By Product
    - Rigid Foam
    - Flexible Foam
    - Coatings
    - Adhesives & Sealants
    - Elastomers
    - Others
  - Europe Polyurethane Market, By Application
    - Furniture and Interiors
    - Construction
    - Electronics & Appliances
    - Automotive
    - Footwear
    - Packaging
    - Others
  - Germany
    - Germany Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Germany Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Germany Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - France
  - U.K.
    - U.K. Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - U.K. Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - U.K. Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Italy
    - Italy Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Italy Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Italy Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Sweden
    - Sweden Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Sweden Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Sweden Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Spain
    - Spain Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Spain Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Spain Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Denmark
    - Denmark Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Denmark Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Denmark Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Norway
    - Norway Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Norway Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Norway Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
- Asia Pacific
  - Asia Pacific Polyurethane Market, By raw material
    - Toluene Di-isocyanate
    - Methylene Diphenyl Di-isocyanate
    - Polyols
    - Others
  - Asia Pacific Polyurethane Market, By Product
    - Rigid Foam
    - Flexible Foam
    - Coatings
    - Adhesives & Sealants
    - Elastomers
    - Others
  - Asia Pacific Polyurethane Market, By Application
    - Furniture and Interiors
    - Construction
    - Electronics & Appliances
    - Automotive
    - Footwear
    - Packaging
    - Others
  - China
    - China Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - China Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - China Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - South Korea
  - Japan
    - Japan Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Japan Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Japan Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - India
    - India Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - India Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - India Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Thailand
    - Thailand Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Thailand Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Thailand Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Taiwan
    - Taiwan Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Taiwan Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Taiwan Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Singapore
    - Singapore Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Singapore Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Singapore Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Vietnam
    - Vietnam Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Vietnam Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Vietnam Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
- Central & South America
  - Central & South America Polyurethane Market, By raw material
    - Toluene Di-isocyanate
    - Methylene Diphenyl Di-isocyanate
    - Polyols
    - Others
  - Central & South America Polyurethane Market, By Product
    - Rigid Foam
    - Flexible Foam
    - Coatings
    - Adhesives & Sealants
    - Elastomers
    - Others
  - Central & South America Polyurethane Market, By Application
    - Furniture and Interiors
    - Construction
    - Electronics & Appliances
    - Automotive
    - Footwear
    - Packaging
    - Others
  - Brazil
    - Brazil Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Brazil Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Brazil Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - Argentina
- Middle East & Africa
  - Middle East & Africa Polyurethane Market, By raw material
    - Toluene Di-isocyanate
    - Methylene Diphenyl Di-isocyanate
    - Polyols
    - Others
  - Middle East & Africa Polyurethane Market, By Product
    - Rigid Foam
    - Flexible Foam
    - Coatings
    - Adhesives & Sealants
    - Elastomers
    - Others
  - Middle East & Africa Polyurethane Market, By Application
    - Furniture and Interiors
    - Construction
    - Electronics & Appliances
    - Automotive
    - Footwear
    - Packaging
    - Others
  - Saudi Arabia
    - Saudi Arabia Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - Saudi Arabia Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - Saudi Arabia Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others
  - UAE
  - South Africa
    - South Africa Polyurethane Market, By raw material
      - Toluene Di-isocyanate
      - Methylene Diphenyl Di-isocyanate
      - Polyols
      - Others
    - South Africa Polyurethane Market, By Product
      - Rigid Foam
      - Flexible Foam
      - Coatings
      - Adhesives & Sealants
      - Elastomers
      - Others
    - South Africa Polyurethane Market, By Application
      - Furniture and Interiors
      - Construction
      - Electronics & Appliances
      - Automotive
      - Footwear
      - Packaging
      - Others

Polyurethane Market Dynamics

Driver: High demand for building insulation in light of sustainability concerns

The global energy crisis has augmented the development of green buildings and several sustainable construction initiatives. Sustainability in building development encompasses several steps that must be implemented in the primary construction stages as their potential environmental impact is significant. Green buildings are thus increasingly making their mark in the construction market due to increasing investments in smart energy-efficient commercial and residential buildings. These buildings not only offer profitable opportunities but are also acceptable by environmental and federal regulations, providing a meaningful response to increasing consumer expectations for sustainability. Increased effectiveness in building materials has ultimately generated higher demand for efficient insulating materials to regulate HVAC solutions and counteract the amount of energy lost due to inefficient insulation.

PU foams are subsequently being utilized as extremely efficient insulation materials, leading to greater energy saving. PU foams are most widely used in spray form for sealing holes, cracks, joints, and bonding other building materials, which ultimately reduces the amount of conditioning or heating required inside the building. Additionally, these foams also provide a barrier against noise, effectively sound-proofing conference rooms, music studios, hospital wards, and other spaces requiring less distraction from external/ambient sounds.

Driver: Increasing demand for lightweight and high-performance composites from automotive industry

PU is widely used in automotive applications such as seating, instrument panels, exterior panels, engine encapsulation, and cables & wires as an alternative to metals. The growth of automotive industry on account of increasing income levels and growing industrialization is also expected to have a positive impact on global PU market. The reduced weight offered by PU components also helps control carbon emission and boost performance of the vehicle in terms of handling and acceleration.

Auto manufacturers, for enhancing the performance of automobiles and following the trend of lightweight vehicles, are mainly focusing on auto components, which are manufactured from various types of plastics. For improving fuel efficiency in vehicles, manufacturers have shifted toward using plastics in automotive components such as instrument panels, exterior panels, automotive interiors, and engine cabins. Plastics, as an alternative to metal components, are useful in reducing the overall vehicle weight and achieving the desired fuel efficiency. This trend, coupled with growing automotive production, is expected to further drive the demand for polyurethanes in automotive applications such as exterior body panels, engine encapsulation, and interior panels.

Restraint: Growing environmental concerns

The raw materials associated with PU production, such as TDI & MDI, are deemed hazardous to the environment due to the industrial release of TDI that pollutes the air. Environment Canada and Health Canada have assessed TDI levels and concluded that their concentration is hazardous to human health. To ensure sound environmental management of TDI releases, Environment Canada has published a Pollution Prevention (P2) Planning Notice. Other agencies and regulatory bodies in the U.S. and Europe have also introduced numerous regulations and guidelines for the same. Furthermore, landfills in Europe, especially of waste tires and PU products, have been banned to exploit the vast potential of PU as a source of energy similar to coal, while also preventing environmental pollution.

Release of toxic gases as a result of burning fossil fuels is expected to cause major restraints for petrochemical manufactures over the forecast period. Petrochemical products derived from crude oil release hazardous gases into the atmosphere, which is expected to impact greenhouse gases (GHG) concentration in the atmosphere and increase the carbon footprint. Developed countries such as the U.S., Canada, the UK, and Germany have reduced carbon emissions over the past few years owing to stringent government regulations for environmental concerns.

What Does This Report Include?

This section will provide insights into the contents included in this polyurethane market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Polyurethane market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Polyurethane market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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