Polyurethane is a plastic material, which exists in various forms. It can be tailored to be either rigid or flexible, and is the material of choice for a broad range of end-user applications.
The Asia-Pacific region was the largest polyurethane market in 2018, accounting for about 50% of the global market, compared with about 20% in Europe and 16% in North America.
Market Analysis and Insights: Global Polyurethane Market
The global Polyurethane market was valued at US$ 71320 million in 2019 and it is expected to reach US$ 90980 million by the end of 2026, growing at a CAGR of 3.5% during 2021-2026.
Global Polyurethane Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polyurethane Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Flexible Foam
Rigid Foam
Coatings
Adhesives & Sealants
Elastomers
Others
Flexible foam is one of the largest product segments of the polyurethane market,accounting for about 36% market share.
Segment by Application
Furniture and Interiors
Construction
Electronics and Appliances
Automotive
Footwear
Others
Furniture and interiors and construction are the most widely used in refuge chamber market, accounting for a combined about 55% of the market share.
By Company
Dow
BASF
Huntsman
AkzoNobel
Covestro
Lubrizol
Recticel
LANXESS
INOAC
Tosoh
Mitsui Chem
Woodbridge Foam
Wanhua
Shanghai Dongda
Oriental Yuhong
Production by Region
North America
Europe
China
Japan
India
Central & South America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
The Asia-Pacific region was the largest polyurethane market in 2018, accounting for about 50% of the global market, compared with about 20% in Europe and 16% in North America.
Market Analysis and Insights: Global Polyurethane Market
The global Polyurethane market was valued at US$ 71320 million in 2019 and it is expected to reach US$ 90980 million by the end of 2026, growing at a CAGR of 3.5% during 2021-2026.
Global Polyurethane Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polyurethane Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Flexible Foam
Rigid Foam
Coatings
Adhesives & Sealants
Elastomers
Others
Flexible foam is one of the largest product segments of the polyurethane market,accounting for about 36% market share.
Segment by Application
Furniture and Interiors
Construction
Electronics and Appliances
Automotive
Footwear
Others
Furniture and interiors and construction are the most widely used in refuge chamber market, accounting for a combined about 55% of the market share.
By Company
Dow
BASF
Huntsman
AkzoNobel
Covestro
Lubrizol
Recticel
LANXESS
INOAC
Tosoh
Mitsui Chem
Woodbridge Foam
Wanhua
Shanghai Dongda
Oriental Yuhong
Production by Region
North America
Europe
China
Japan
India
Central & South America
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.