Polyurethane Global Market Report 2022 – By Product Type (Coatings, Adhesives and sealants, Flexible and rigid foams, Elastomers, Other Product Types), By Raw Material (MDI, TDI, Polyols), By End-User Industry (Furniture, Construction, Electronics & Appliances, Automotive, Footwear, Other End-Use Industries) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : April 2022 | SKU CODE : 7314 | Delivery Time: 2-3 business days | Format :


The polyurethane market consists of the sales of polyurethane and related services which are used in foams as an insulation material, coatings, adhesives and sealants, and an elastomer. Polyurethane refers to a form of plastic polymer material which is used to produce modern, versatile, and safe consumer and industrial products that are environmentally friendly. Polyurethane is formed by reacting a polyol (an alcohol with more than two reactive hydroxyl groups per molecule) with a diisocyanate or a polymeric isocyanate in the presence of suitable catalysts and additives. They are also widely used in medical devices such as pacemakers, artificial hearts, and other blood-contacting applications.

The main product types of polyurethane are coatings, adhesives and sealants, flexible and rigid foams, elastomers, and other product types. The adhesive is a substance that is capable of holding materials together in a functional manner by a surface attachment that is resisting separation. The raw materials are MDI, TDI, and polyols. The end-use industries are furniture, construction, electronics and appliances, automotive, footwear, and other end-use industries.

The global polyurethane market size is expected to grow from $67.27 billion in 2021 to $78.01 billion in 2022 at a compound annual growth rate (CAGR) of 16.0%. The global PU market size is expected to grow to $136.65 billion in 2026 at a CAGR of 15.0%.

The adoption of polyurethane in home furnishings is driving the polyurethane market. Furniture manufacturing companies are enhancing comfort, durability, health, and safety by using flexible polyurethane foam (FPF) as a cushioning material for upholstered furniture, bedding, and carpet underlay. Furthermore, with the introduction of an advanced manufacturing process, polyurethane form provides more uniform, predictable, and durable end products. For instance, according to American Chemistry Council, it is proven that FPF when compressed by 90% for 22 hours, could recover more than 90% of its original height, which is highly durable than any other form of furniture material. Moreover, completely cured polyurethane products are considered to be inert and safe and were concurred by the U.S. EPA (Environmental Protection Agency). The durability, comfort, and safety provided by polyurethane continue to be the major reasons for use in the furniture industry, thereby, driving the demand of the polyurethane industry going forward.

Polyurethane providers globally faced uncertain environmental regulations in the historic period. These regulations are to reduce the emission of toxic air pollutants from the flexible polyurethane foam industry and mandate the installation of add-on control equipment at manufacturers’ sites. For instance, the Environmental Protection Agency (EPA) issued a regulation to reduce the emission of the toxic air pollutant methylene chloride from the flexible polyurethane foam market. All the polyurethane manufacturers have to comply with this regulation and eliminate the use of methylene chloride for the production of molded foam and rebond foam. Therefore, uncertain government regulations towards environment protection restrain the growth of the polyurethane market.

Demand for sustainable products from the construction, automotive, and footwear industry is witnessing a rising demand for the manufacturing of bio-based polyurethane (PU) with rising awareness of environmental concerns worldwide. Bio-based polyurethanes (PU) are derived from biodegradable materials constituting a rich source of precursors for the synthesis of polyols and isocyanates. These chemicals are readily available at lower cost with less environmental impact and are highly biodegradable. In addition, with increasing commercialization and growing demand for flexible foam for car seats, headrests from major automotive OEMs, polyurethane manufacturers have shifted focus towards developing sustainable and environmentally friendly products of renewable materials, will drive the use of bio-based polyurethane products in various industries including construction, automotive, coating, and footwear. In January 2020, BASF announced a single-digit million-euro investment in the potential expansion of water-based polyurethane dispersions at its Castellbisbal site in Spain. The development will allow BASF to increase its production capacity by 30 percent.

In May 2020, Covestro, a German-based polymer company, accelerated the expansion of its thermoplastic polyurethanes (TPU) business by raising its stake in the joint venture DIC Covestro Polymer Ltd. (DCP) from 50% to 80%. Both the parties agreed to not disclose any financial details of the transaction. The closing of the deal is planned for the early second quarter of 2019, subject to approval from the relevant authorities. The investment is part of Covestro’s expansion of its global TPU business. DIC Covestro Polymer Ltd. is a Japan-based supplier of thermoplastic polyurethanes.

Major players in the polyurethane market are The Dow Chemical Company, BASF SE, Covestro, Huntsman Corp, Eastman Chemical Co, Mitsui Chemicals, Inc, DIC Corp, Nippon Polyurethane Industry Corp Ltd, Recticel S.A, and Woodbridge Foam Corp.

Asia Pacific was the largest region in the polyurethane market in 2021. North America was the second-largest region in the global PUR market. The regions covered in the global polyurethane market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the polyurethane market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, the USA, and Australia.

The global polyurethane market is segmented -

1) By Product Type: Coatings, Adhesives and Sealants, Flexible and Rigid Foams, Elastomers, Others

2) By Raw Material: MDI, TDI, Polyols

3) By End-User Industry: Furniture, Construction, Electronics and Appliances, Automotive, Footwear, Others

    Table Of Contents

    1. Executive Summary

    2. Polyurethane Market Characteristics

    3. Polyurethane Market Trends And Strategies

    4. Impact Of COVID-19 On Polyurethane

    5. Polyurethane Market Size And Growth

    5.1. Global Polyurethane Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Polyurethane Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Polyurethane Market Segmentation

    6.1. Global Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Coatings

    Adhesives and sealants

    Flexible and rigid foams

    Elastomers

    Other Product Types

    6.2. Global Polyurethane Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Furniture

    Construction

    Electronics & Appliances

    Automotive

    Footwear

    Other End-Use Industries

    6.3. Global Polyurethane Market, Segmentation By Raw Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    MDI

    TDI

    Polyols

    7. Polyurethane Market Regional And Country Analysis

    7.1. Global Polyurethane Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Polyurethane Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Polyurethane Market

    8.1. Asia-Pacific Polyurethane Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Polyurethane Market

    9.1. China Polyurethane Market Overview

    9.2. China Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Polyurethane Market

    10.1. India Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Polyurethane Market

    11.1. Japan Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Polyurethane Market

    12.1. Australia Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Polyurethane Market

    13.1. Indonesia Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Polyurethane Market

    14.1. South Korea Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Polyurethane Market

    15.1. Western Europe Polyurethane Market Overview

    15.2. Western Europe Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Polyurethane Market

    16.1. UK Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Polyurethane Market

    17.1. Germany Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Polyurethane Market

    18.3. France Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Polyurethane Market

    19.1. Eastern Europe Polyurethane Market Overview

    19.2. Eastern Europe Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Polyurethane Market

    20.1. Russia Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Polyurethane Market

    21.1. North America Polyurethane Market Overview

    21.2. North America Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Polyurethane Market

    22.1. USA Polyurethane Market Overview

    22.2. USA Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Polyurethane Market

    23.1. South America Polyurethane Market Overview

    23.2. South America Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Polyurethane Market

    24.1. Brazil Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Polyurethane Market

    25.1. Middle East Polyurethane Market Overview

    25.2. Middle East Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Polyurethane Market

    26.1. Africa Polyurethane Market Overview

    26.2. Africa Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Polyurethane Market Competitive Landscape And Company Profiles

    27.1. Polyurethane Market Competitive Landscape

    27.2. Polyurethane Market Company Profiles

    27.2.1. The Dow Chemical Company

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. BASF SE

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Covestro

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Huntsman Corp.

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Eastman Chemical Co.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Polyurethane Market

    29. Polyurethane Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Polyurethane Market, Segmentation By End-User Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Polyurethane Market, Segmentation By Raw Material, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Polyurethane Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Polyurethane Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Polyurethane Market, Segmentation By Product Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: The Dow Chemical Company Financial Performance
  • Table 28: BASF SE Financial Performance
  • Table 29: Covestro Financial Performance
  • Table 30: Huntsman Corp. Financial Performance
  • Table 31: Eastman Chemical Co. Financial Performance

List Of Figures

Global Fireproofing Materials Market Size, Forecasts, And Opportunities – Includes Fireproofing Materials Market Outlook
Global Liquid Fertilizers Market Overview And Prospects – Includes Liquid Fertilizers Market Growth
Global Crop Protection Chemicals Market Size, Forecasts, And Opportunities
Global Flooring Adhesive Market Size, Forecasts, And Opportunities
Global Food Encapsulation Market Size, Forecasts, And Opportunities
Global Industrial Floor Coating Market Size, Forecasts, And Opportunities
Global Essential Oils Market Size, Forecasts, And Opportunities
Global Glyphosate Market Overview And Prospects
3D Printed Prosthetics Global Market Report 2022 – By Material (Polypropylene, Polyethylene, Acrylics, Polyurethane), By Type (Sockets, Limbs, Joints, Covers, Other Types), By End-User (Hospitals, Rehabilitation Centers, Prosthetic Clinics) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Clear Aligners Global Market Report 2022 – By Product (Ceramic Braces, Clear Aligners, Lingual Braces), By Material Type (Polyurethane Plastic, Polyethylene Terephthalate Glycol (PETG), Poly-Vinyl Chloride (PVC), Other Material Types), By End-User (Hospitals, Dental And Orthodontic Clinics) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Industrial Floor Coating Global Market Report 2022 – By Resin Type (Epoxy, Polyurethane, Hybrid), By Flooring Material (Concrete, Mortar, Terrazzo), By Technology (Water-Borne, Solvent-Borne), By Component (One-Component, Two-Component, Three-Component, Four-Component), By End-Use Sector (Manufacturing, Aviation & Transportation, Food Processing, Science & Technology) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Construction Elastomers Global Market Report 2022 – By Type (Thermoset, Thermoplastic), By Chemistry (Styrene Block Copolymers (Sbcs), Thermoplastic Polyurethanes (Tpu), Styrene-Butadiene (Sbr), Ethylene Propylene Diene Monomer (Epdm), Natural Rubber, Acrylic Elastomer (Acm), Butyl Elastomer (Iir)), By Application (Residential, Non-Residential, Civil Engineering) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Automotive Adhesives Global Market Report 2022 – By Adhesive Type (Structural, Tapes and Films, Threadlocks and Retainers, Liquid Gaskets), By Vehicle Type (Passenger cars, LCVs, Trucks, Buses, Aftermarket), By Resin Type (Polyurethane, Epoxy, Acrylics, Silicone, SMP, MMA), By Application (BIW, Glazing, Powertrain, Paint Shops, Upholstery) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Automotive Plastics Global Market Report 2022 – By Vehicle Type (Conventional/Traditional Vehicles, Electric Vehicles), By Product Type (Polypropylene (PP), Polyurethane (PU), Polyvinylchloride (PVC), Polyamide (PA), Acrylonitrile Butadiene Styrene (ABS), High Density Polyethylene (HDPE), Polycarbonate (PC), Polybutylene Terephthalate (PBT)), By Application (Interior, Exterior, Under Bonnet) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Reactive & Other Adhesives Global Market Report 2022 – By Type (Epoxy, Acylic, Silicone, Polyurethane, Other Types), By Additive (Polyurethane, Acrylic, Silicone, Vinyl, Epoxides, Other Additives), By Application (Building & Construction, Automotive & Transportation, Power, Electrical & Electronics, Other Applications) – Market Size, Trends, And Global Forecast 2022-2026
View Report
Plastic Material And Resins Global Market Report 2022 – By Type (Polypropylene-Plastic Material and Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material and Resins, Other Plastic Material and Resins), By Application (Packaging, Housewares, Bags, sheets, Bottles, Fibers, Tapes, Films, Medical Materials, Other Applications), By End-User Industry (Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry, Other End-User Industries) – Market Size, Trends, And Global Forecast 2022-2026
View Report