Polyurethane Market

Polyurethane Market Study by Rigid Foam, Flexible Foam, Coatings, Elastomers, and Adhesives & Sealants for Construction, Interiors, Automotive, Electronics, Packaging, and Footwear from 2024 to 2034

Analysis of Polyurethane Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Polyurethane Market Outlook (2024 to 2034)

Rising sustainability concerns are leading to growing preference for environment-friendly solutions. Sustainability practices in building & construction projects need to be implemented at the initial stages for effective outcomes, which is set to generate high demand for polyurethane. The global polyurethane market size is estimated at US$ 93.7 billion in 2024 and has been forecasted to expand at a CAGR of 7% to reach US$ 184.4 billion by 2034-end.

Increasing demand for polyurethane from packaging, construction, automotive, etc. is anticipated to contribute to market dynamics. Moreover, the rising demand for building insulation with growing sustainability concerns for the non-residential and residential sectors is contributing to polyurethane sales around the world. Green buildings are entering the construction industry because of growing expenditure on smart energy-efficient residential and commercial buildings. These buildings are expected to contribute to the polyurethane market growth.

Implementation of supportive federal and environmental regulations is expected to offer a meaningful response to increasing consumer expectations for sustainability. Further, the use of polyurethane adhesives with various mechanical fasteners in house farming is estimated to offer good resistance in severe weather events. Growing demand for effective building materials is ultimately leading to the high demand for polyurethane.

  • Global demand for polyurethane for electronics & appliances is anticipated to increase at a CAGR of 7.3% and reach a value of US$ 36 billion by the end of 2034.
  • East Asia is projected to account for 24.6% share of global market revenue by 2034-end.
  • Sales of polyurethane in Japan are forecasted to rise at 7.2% CAGR from 2024 to 2034.

Polyurethane is used primarily as a foam for bedding and cushioning applications. Toughness, adaptability, and ability to provide comfort are some key features of polyurethane, which is increasing its demand in the furniture industry. Further, flexible polyurethane foams are strong and offer secure and great filling material for seat cushions and mattresses. The adaptability of polyurethane enables designers to prefer it more for their creativity in developing new products.

Report Attributes Details
Polyurethane Market Size (2024E) US$ 93.7 Billion
Forecasted Market Value (2034F) US$ 184.4 Billion
Global Market Growth Rate (2024 to 2034) 7% CAGR
South Korea Market Growth Rate (2024 to 2034) 9.8% CAGR
Market Share of Elastomers (2034F) 21.8%
North America Market Share (2034F) 17.5%
Key Companies Profiled Covestro AG; Saint Gobain S.A; The Dow Chemical Company; Armacell; Huntsman Corporation; Future Foam, Inc.; Yantai Wanhua Polyurethanes Co. Ltd.; Tosoh Corporation; Foamcraft Inc.; Eurofoam Group; Lanxess

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Why is Demand for Polyurethane Increasing at a High Pace?

“Increasing Application of Polyurethane in Building & Construction Industry”

Polyurethane is used widely in the building & construction industry for residential, industrial, and commercial applications due to its versatility, strength-to-weight ratio, insulation properties, etc. It is utilized to produce more efficient products with improved performance, versatility, and durability. Further, energy efficiency, environment-friendly nature, and mechanical/thermal properties of polyurethane are estimated to contribute to its popularity in the building & construction industry.

“Numerous Advantages of Polyurethane”

Versatility of polyurethane is noticed in its ability to offer multiple advantages and benefits. It assists in filling the gap between some materials, such as plastic, etc. Further, polyurethane is capable of enduring more loads and is harder than rubber. Its increased flexibility to plastic is also contributing to rising demand. Abrasion resistance of polyurethane leads to its adoption against severe weather irrespective of low temperature and chemical and oil resistance.

What is a Key Challenge to the Expansion of the Polyurethane Market Size?

“Availability of Substitute Options Limiting Demand for Polyurethane”

Polyurethane is utilized in multiple end-use industries for various applications. However, there are certain polyurethane substitutes, which are available and hampering market growth. There is an increase in the use of isocyanates-based polysiloxane coatings instead of polyurethane coatings due to their durability and weathering properties.

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How Opportunistic is This Market for New Companies?

“Increasing Demand for Bio-based and Low VOC Materials Presenting Lucrative Opportunities for New Manufacturers”

In recent years, there has been increasing preference to bio-based materials. Therefore, industries around the world are emphasizing offering bio-based and sustainable solutions. The majority of governments around the world are taking initiatives and implementing regulations to minimize environmental issues. Startups trying to enter into this business are expected to concentrate on offering bio-based and low VOC-based materials.

Country-wise Insights

This recently updated study by Fact.MR, a market research and competitive intelligence provider, reveals that East Asia is approximated to hold 24.6% share of the global market by 2034. Increasing construction activities along with rapid urbanization in some regional countries are driving demand for polyurethane. Growing infrastructure spending and expansion of transportation infrastructure are also positively influencing the polyurethane market trends.

Why is There Increase in Consumption of Polyurethane in the United States?

“Extensive Use of Polyurethane in Multiple Sectors”

Attribute United States
Market Value (2024E) US$ 14.5 Billion
Growth Rate (2024 to 2034) 5% CAGR
Projected Value (2034F) US$ 23.7 Billion

The United States is evaluated to account for 73.5% share of the North American market by the end of 2034. Increasing consumption of polyurethane in the construction and automotive sectors is positively impacting market growth in the country. Moreover, the growing use of polyurethane in the production of furniture and machinery is also contributing to revenue streams.

Why are Suppliers of Polyurethane Focusing on China?

“Expanding Construction and Manufacturing Sectors Driving Demand for Polyurethane”

Attribute China
Market Value (2024E) US$ 11.9 Billion
Growth Rate (2024 to 2034) 8.1% CAGR
Projected Value (2034F) US$ 26 Billion

China is anticipated to contribute 57.3% share of East Asian market revenue by the end of 2034. A significant expansion of the construction and manufacturing sectors is contributing to increased demand for polyurethane. Furthermore, growing investment in infrastructure development and favorable government policies in the country are also driving market growth.

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Category-wise Insights

Rising demand for polyurethane in electronics & appliances is owing to its flexibility and high mechanical strength. In addition, it ensures that the material is applied evenly during the production process and minimizes the chances of surface unevenness and trip.

Why Do Elastomers Enjoy Immense Popularity?

“Growing Requirements for High-performance Materials”

Attribute Elastomers
Segment Value (2024E) US$ 20.2 Billion
Growth Rate (2024 to 2034) 7.1% CAGR
Projected Value (2034F) US$ 40.2 Billion

Elastomers are forecasted to account for 21.8% of the polyurethane market share by the end of 2034. The increasing demand for polyurethane elastomers is owing to multiple factors, such as growing industrial applications in multiple sectors, including footwear, construction, etc. In addition, constant advancements taking place in manufacturing technologies and increasing requirements for high-performance materials are reflecting a pivotal role in increasing sales of elastomers.

Which Application of Polyurethane is More Rewarding for Market Players?

“Rising Use of Polyurethane in Electronics & Appliances for its Electrical, Thermal, and Physical Properties”

Attribute Electronics & Appliances
Segment Value (2024E) US$ 17.7 Billion
Growth Rate (2024 to 2034) 7.3% CAGR
Projected Value (2034F) US$ 36 Billion

Footwear, packaging, electronics & appliances, furniture & interiors, construction, and other applications of polyurethane are generating its demand. Among these, electronics & appliances are evaluated to account for 19.5% share of global market revenue by 2034-end. Polyurethane is utilized as an adhesive & sealant for the insulation of various types of walls and electronic items.

Polyurethane has been specifically formulated to match the diverse range of electrical, thermal, and physical properties. They are capable of protecting electronics by offering excellent adhesive and dielectric properties. In addition, the exceptional temperature, water, and solvent resistance features of polyurethane widen the application scope.

Competitive Landscape

The presence of multiple international and local players around the world is contributing to the competitive and fragmented nature of the market. Prominent manufacturers of polyurethane have been resorting to investments, mergers, product portfolio expansion, new product development, management of supply chain systems, offering quality products, etc. to maintain an edge compared to other players operating in the global market.

For instance :

  • Huntsman Corporation opened its new plant in Taiwan in 2022. This plant is equipped with downstream polyurethane capabilities.
  • Coverstro planned to increase its production capacity with the establishment of novel thermoplastic polyurethane plants at its site in Shanghai in 2021.

Key players in the polyurethane market include Covestro AG, Saint Gobain S.A., The Dow Chemical Company, Armacell, Huntsman Corporation, Future Foam, Inc., Yantai Wanhua Polyurethanes Co. Ltd., Tosoh Corporation, Foamcraft Inc., Eurofoam Group, and Lanxess.

Segmentation of Polyurethane Market Research

  • By Product Type :

    • Rigid Foam
    • Flexible Foam
    • Coatings
    • Elastomers
    • Adhesives & Sealants
  • By Application :

    • Construction
    • Furniture & Interiors
    • Automotive
    • Electronics & Appliances
    • Packaging
    • Footwear
  • By Region :

    • North America
    • Europe
    • East Asia
    • Latin America
    • Middle East & Africa
    • South Asia & Oceania

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Key Market Trends
  • 4. Market Background
  • 5. Value Chain Analysis
  • 6. Global Market Volume 2018 to 2023 Analysis and Forecast, 2024 to 2034
  • 7. Global Market - Pricing Analysis
  • 8. Global Market Value 2018 to 2023 Analysis and Forecast, 2024 to 2034
  • 9. Global Market 2018 to 2023 Analysis and Forecast 2024 to 2034, By Product Type
    • 9.1. Rigid Foam
    • 9.2. Flexible Foam
    • 9.3. Coating
    • 9.4. Elastomers
    • 9.5. Adhesives and Sealants
    • 9.6. Other Product Types
  • 10. Global Market 2018 to 2023 Analysis and Forecast 2024 to 2034, By Application
    • 10.1. Construction
    • 10.2. Furniture & Interior
    • 10.3. Automotive
    • 10.4. Electronics and Appliances
    • 10.5. Packaging
    • 10.6. Footwear
    • 10.7. Other Applications
  • 11. Global Market 2018 to 2023 Analysis and Forecast 2024 to 2034, By Region
    • 11.1. North America
    • 11.2. Latin America
    • 11.3. Europe
    • 11.4. East Asia
    • 11.5. South Asia & Oceania
    • 11.6. Middle East and Africa (MEA)
  • 12. North America Market 2018 to 2023 Analysis and Forecast 2024 to 2034
  • 13. Latin America Market 2018 to 2023 Analysis and Forecast 2024 to 2034
  • 14. Europe Market 2018 to 2023 Analysis and Forecast 2024 to 2034
  • 15. East Asia Market 2018 to 2023 Analysis and Forecast 2024 to 2034
  • 16. South Asia & Oceania Market 2018 to 2023 Analysis and Forecast 2024 to 2034
  • 17. Middle East and Africa (MEA) Market 2018 to 2023 Analysis and Forecast 2024 to 2034
  • 18. Key Countries Market 2018 to 2023 Analysis and Forecast 2024 to 2034
  • 19. Market Structure Analysis
  • 20. Competition Analysis
    • 20.1. Covestro AG
    • 20.2. The Dow Chemical Company
    • 20.3. Huntsman Corporation
    • 20.4. Yantai Wanhua Polyurethanes Co. Ltd.
    • 20.5. Foamcraft Inc.
    • 20.6. Lanxess
    • 20.7. Eurofoam Group
    • 20.8. Tosoh Corporation
    • 20.9. Future Foam, Inc.
    • 20.10. Armacell
    • 20.11. Saint Gobain S.A
  • 21. Assumptions & Acronyms Used
  • 22. Research Methodology

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List Of Table

Table 01: Global Market Value (USD Billion) and Forecast by Region, 2018 to 2023

Table 02: Global Market Value (USD Billion) and Forecast by Region, 2024 to 2034

Table 03: Global Market Volume (Tons) and Forecast by Region, 2018 to 2023

Table 04: Global Market Volume (Tons) and Forecast by Region, 2024 to 2034

Table 05: Global Market Value (USD Billion) and Forecast by Product Type, 2018 to 2023

Table 06: Global Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034

Table 07: Global Market Volume (Tons) and Forecast by Product Type, 2018 to 2023

Table 08: Global Market Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 09: Global Market Value (USD Billion) and Forecast by Application, 2018 to 2023

Table 10: Global Market Value (USD Billion) and Forecast by Application, 2024 to 2034

Table 11: Global Market Volume (Tons) and Forecast by Application, 2018 to 2023

Table 12: Global Market Volume (Tons) and Forecast by Application, 2024 to 2034

Table 13: North America Market Value (USD Billion) and Forecast by Country, 2018 to 2023

Table 14: North America Market Value (USD Billion) and Forecast by Country, 2024 to 2034

Table 15: North America Market Volume (Tons) and Forecast by Country, 2018 to 2023

Table 16: North America Market Volume (Tons) and Forecast by Country, 2024 to 2034

Table 17: North America Market Value (USD Billion) and Forecast by Product Type, 2018 to 2023

Table 18: North America Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034

Table 19: North America Market Volume (Tons) and Forecast by Product Type, 2018 to 2023

Table 20: North America Market Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 21: North America Market Value (USD Billion) and Forecast by Application, 2018 to 2023

Table 22: North America Market Value (USD Billion) and Forecast by Application, 2024 to 2034

Table 23: North America Market Volume (Tons) and Forecast by Application, 2018 to 2023

Table 24: North America Market Volume (Tons) and Forecast by Application, 2024 to 2034

Table 25: Latin America Market Value (USD Billion) and Forecast by Country, 2018 to 2023

Table 26: Latin America Market Value (USD Billion) and Forecast by Country, 2024 to 2034

Table 27: Latin America Market Volume (Tons) and Forecast by Country, 2018 to 2023

Table 28: Latin America Market Volume (Tons) and Forecast by Country, 2024 to 2034

Table 29: Latin America Market Value (USD Billion) and Forecast by Product Type, 2018 to 2023

Table 30: Latin America Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034

Table 31: Latin America Market Volume (Tons) and Forecast by Product Type, 2018 to 2023

Table 32: Latin America Market Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 33: Latin America Market Value (USD Billion) and Forecast by Application, 2018 to 2023

Table 34: Latin America Market Value (USD Billion) and Forecast by Application, 2024 to 2034

Table 35: Latin America Market Volume (Tons) and Forecast by Application, 2018 to 2023

Table 36: Latin America Market Volume (Tons) and Forecast by Application, 2024 to 2034

Table 37: Europe Market Value (USD Billion) and Forecast by Country, 2018 to 2023

Table 38: Europe Market Value (USD Billion) and Forecast by Country, 2024 to 2034

Table 39: Europe Market Volume (Tons) and Forecast by Country, 2018 to 2023

Table 40: Europe Market Volume (Tons) and Forecast by Country, 2024 to 2034

Table 41: Europe Market Value (USD Billion) and Forecast by Product Type, 2018 to 2023

Table 42: Europe Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034

Table 43: Europe Market Volume (Tons) and Forecast by Product Type, 2018 to 2023

Table 44: Europe Market Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 45: Europe Market Value (USD Billion) and Forecast by Application, 2018 to 2023

Table 46: Europe Market Value (USD Billion) and Forecast by Application, 2024 to 2034

Table 47: Europe Market Volume (Tons) and Forecast by Application, 2018 to 2023

Table 48: Europe Market Volume (Tons) and Forecast by Application, 2024 to 2034

Table 49: East Asia Market Value (USD Billion) and Forecast by Country, 2018 to 2023

Table 50: East Asia Market Value (USD Billion) and Forecast by Country, 2024 to 2034

Table 51: East Asia Market Volume (Tons) and Forecast by Country, 2018 to 2023

Table 52: East Asia Market Volume (Tons) and Forecast by Country, 2024 to 2034

Table 53: East Asia Market Value (USD Billion) and Forecast by Product Type, 2018 to 2023

Table 54: East Asia Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034

Table 55: East Asia Market Volume (Tons) and Forecast by Product Type, 2018 to 2023

Table 56: East Asia Market Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 57: East Asia Market Value (USD Billion) and Forecast by Application, 2018 to 2023

Table 58: East Asia Market Value (USD Billion) and Forecast by Application, 2024 to 2034

Table 59: East Asia Market Volume (Tons) and Forecast by Application, 2018 to 2023

Table 60: East Asia Market Volume (Tons) and Forecast by Application, 2024 to 2034

Table 61: South Asia & Oceania Market Value (USD Billion) and Forecast by Country, 2018 to 2023

Table 62: South Asia & Oceania Market Value (USD Billion) and Forecast by Country, 2024 to 2034

Table 63: South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2018 to 2023

Table 64: South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2024 to 2034

Table 65: South Asia & Oceania Market Value (USD Billion) and Forecast by Product Type, 2018 to 2023

Table 66: South Asia & Oceania Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034

Table 67: South Asia & Oceania Market Volume (Tons) and Forecast by Product Type, 2018 to 2023

Table 68: South Asia & Oceania Market Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 69: South Asia & Oceania Market Value (USD Billion) and Forecast by Application, 2018 to 2023

Table 70: South Asia & Oceania Market Value (USD Billion) and Forecast by Application, 2024 to 2034

Table 71: South Asia & Oceania Market Volume (Tons) and Forecast by Application, 2018 to 2023

Table 72: South Asia & Oceania Market Volume (Tons) and Forecast by Application, 2024 to 2034

Table 73: MEA Market Value (USD Billion) and Forecast by Country, 2018 to 2023

Table 74: MEA Market Value (USD Billion) and Forecast by Country, 2024 to 2034

Table 75: MEA Market Volume (Tons) and Forecast by Country, 2018 to 2023

Table 76: MEA Market Volume (Tons) and Forecast by Country, 2024 to 2034

Table 77: MEA Market Value (USD Billion) and Forecast by Product Type, 2018 to 2023

Table 78: MEA Market Value (USD Billion) and Forecast by Product Type, 2024 to 2034

Table 79: MEA Market Volume (Tons) and Forecast by Product Type, 2018 to 2023

Table 80: MEA Market Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 81: MEA Market Value (USD Billion) and Forecast by Application, 2018 to 2023

Table 82: MEA Market Value (USD Billion) and Forecast by Application, 2024 to 2034

Table 83: MEA Market Volume (Tons) and Forecast by Application, 2018 to 2023

Table 84: MEA Market Volume (Tons) and Forecast by Application, 2024 to 2034

Table 85: United States Market Value (USD Billion) and Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 86: United States Market Value (USD Billion) and Volume (Tons) and Forecast by Application, 2024 to 2034

Table 87: Canada Market Value (USD Billion) and Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 88: Canada Market Value (USD Billion) and Volume (Tons) and Forecast by Application, 2024 to 2034

Table 89: Germany Market Value (USD Billion) and Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 90: Germany Market Value (USD Billion) and Volume (Tons) and Forecast by Application, 2024 to 2034

Table 91: France Market Value (USD Billion) and Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 92: France Market Value (USD Billion) and Volume (Tons) and Forecast by Application, 2024 to 2034

Table 93: India Market Value (USD Billion) and Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 94: India Market Value (USD Billion) and Volume (Tons) and Forecast by Application, 2024 to 2034

Table 95: China Market Value (USD Billion) and Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 96: China Market Value (USD Billion) and Volume (Tons) and Forecast by Application, 2024 to 2034

Table 97: GCC Countries Market Value (USD Billion) and Volume (Tons) and Forecast by Product Type, 2024 to 2034

Table 98: GCC Countries Market Value (USD Billion) and Volume (Tons) and Forecast by Application, 2024 to 2034

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List Of Figures

Figure 01: Global Market Value (USD Billion) and Volume (Tons) Forecast, 2024 to 2034

Figure 02: Global Market Absolute $ Opportunity (USD Billion), 2024 to 2034

Figure 03: Global Market Value (USD Billion) and Volume (Tons) by Region, 2024 & 2034

Figure 04: Global Market Y-o-Y Growth Rate by Region, 2024 to 2034

Figure 05: Global Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 06: Global Market Y-o-Y Growth Rate by Product Type, 2024 to 2034

Figure 07: Global Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 08: Global Market Y-o-Y Growth Rate by Application, 2024 to 2034

Figure 09: North America Market Value (USD Billion) and Volume (Tons) Forecast, 2024 to 2034

Figure 10: North America Market Absolute $ Opportunity (USD Billion), 2024 to 2034

Figure 11: North America Market Value (USD Billion) and Volume (Tons) by Country, 2024 & 2034

Figure 12: North America Market Y-o-Y Growth Rate by Country, 2024 to 2034

Figure 13: North America Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 14: North America Market Y-o-Y Growth Rate by Product Type, 2024 to 2034

Figure 15: North America Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 16: North America Market Y-o-Y Growth Rate by Application, 2024 to 2034

Figure 17: North America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 18: North America Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 19: North America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 20: Latin America Market Value (USD Billion) and Volume (Tons) Forecast, 2024 to 2034

Figure 21: Latin America Market Absolute $ Opportunity (USD Billion), 2024 to 2034

Figure 22: Latin America Market Value (USD Billion) and Volume (Tons) by Country, 2024 & 2034

Figure 23: Latin America Market Y-o-Y Growth Rate by Country, 2024 to 2034

Figure 24: Latin America Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 25: Latin America Market Y-o-Y Growth Rate by Product Type, 2024 to 2034

Figure 26: Latin America Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 27: Latin America Market Y-o-Y Growth Rate by Application, 2024 to 2034

Figure 28: Latin America Market Attractiveness Analysis by Country, 2024 to 2034

Figure 29: Latin America Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 30: Latin America Market Attractiveness Analysis by Application, 2024 to 2034

Figure 31: Europe Market Value (USD Billion) and Volume (Tons) Forecast, 2024 to 2034

Figure 32: Europe Market Absolute $ Opportunity (USD Billion), 2024 to 2034

Figure 33: Europe Market Value (USD Billion) and Volume (Tons) by Country, 2024 & 2034

Figure 34: Europe Market Y-o-Y Growth Rate by Country, 2024 to 2034

Figure 35: Europe Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 36: Europe Market Y-o-Y Growth Rate by Product Type, 2024 to 2034

Figure 37: Europe Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 38: Europe Market Y-o-Y Growth Rate by Application, 2024 to 2034

Figure 39: Europe Market Attractiveness Analysis by Country, 2024 to 2034

Figure 40: Europe Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 41: Europe Market Attractiveness Analysis by Application, 2024 to 2034

Figure 42: East Asia Market Value (USD Billion) and Volume (Tons) Forecast, 2024 to 2034

Figure 43: East Asia Market Absolute $ Opportunity (USD Billion), 2024 to 2034

Figure 44: East Asia Market Value (USD Billion) and Volume (Tons) by Country, 2024 & 2034

Figure 45: East Asia Market Y-o-Y Growth Rate by Country, 2024 to 2034

Figure 46: East Asia Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 47: East Asia Market Y-o-Y Growth Rate by Product Type, 2024 to 2034

Figure 48: East Asia Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 49: East Asia Market Y-o-Y Growth Rate by Application, 2024 to 2034

Figure 50: East Asia Market Attractiveness Analysis by Country, 2024 to 2034

Figure 51: East Asia Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 52: East Asia Market Attractiveness Analysis by Application, 2024 to 2034

Figure 53: South Asia & Oceania Market Value (USD Billion) and Volume (Tons) Forecast, 2024 to 2034

Figure 54: South Asia & Oceania Market Absolute $ Opportunity (USD Billion), 2024 to 2034

Figure 55: South Asia & Oceania Market Value (USD Billion) and Volume (Tons) by Country, 2024 & 2034

Figure 56: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2024 to 2034

Figure 57: South Asia & Oceania Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 58: South Asia & Oceania Market Y-o-Y Growth Rate by Product Type, 2024 to 2034

Figure 59: South Asia & Oceania Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 60: South Asia & Oceania Market Y-o-Y Growth Rate by Application, 2024 to 2034

Figure 61: South Asia & Oceania Market Attractiveness Analysis by Country, 2024 to 2034

Figure 62: South Asia & Oceania Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 63: South Asia & Oceania Market Attractiveness Analysis by Application, 2024 to 2034

Figure 64: MEA Market Value (USD Billion) and Volume (Tons) Forecast, 2024 to 2034

Figure 65: MEA Market Absolute $ Opportunity (USD Billion), 2024 to 2034

Figure 66: MEA Market Value (USD Billion) and Volume (Tons) by Country, 2024 & 2034

Figure 67: MEA Market Y-o-Y Growth Rate by Country, 2024 to 2034

Figure 68: MEA Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 69: MEA Market Y-o-Y Growth Rate by Product Type, 2024 to 2034

Figure 70: MEA Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 71: MEA Market Y-o-Y Growth Rate by Application, 2024 to 2034

Figure 72: MEA Market Attractiveness Analysis by Country, 2024 to 2034

Figure 73: MEA Market Attractiveness Analysis by Product Type, 2024 to 2034

Figure 74: MEA Market Attractiveness Analysis by Application, 2024 to 2034

Figure 75: United States Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 76: United States Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 77: Canada Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 78: Canada Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 79: Germany Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 80: Germany Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 81: France Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 82: France Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 83: India Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 84: India Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 85: China Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 86: China Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Figure 87: GCC Countries Market Value (USD Billion) and Volume (Tons) by Product Type, 2024 & 2034

Figure 88: GCC Countries Market Value (USD Billion) and Volume (Tons) by Application, 2024 & 2034

Know thy Competitors

Competitive landscape highlights only certain players
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- FAQs -

How big is the polyurethane market size in 2024?

The global polyurethane market is calculated at US$ 93.7 billion in 2024.

What is the sales projection for polyurethane for 2034?

Worldwide demand for polyurethane is projected to reach a value of US$ 184.4 billion by 2034.

What is the anticipated CAGR for polyurethane sales from 2024 to 2034?

The global market is projected to exhibit a CAGR of 7% from 2024 to 2034.

How much share of the global market is East Asia projected to account for by 2034?

East Asia is approximated to contribute 24.6% share of the global market by the end of 2034.

At what rate is the demand for polyurethane expected to increase in South Korea?

Sales of polyurethane in South Korea are forecasted to rise at 9.8% CAGR from 2024 to 2034.

What is the contribution of elastomers to global market revenue?

Elastomers are evaluated to account for a market share of 21.8% by 2034.

What are the benefits of using polyurethane?

Polyurethane is resistant to extreme temperatures, thus harsh environmental conditions and certain chemicals can rarely cause any degradation to the material.

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