Quick Summary:
In the ever-evolving landscape of the Polyurethane (PU) industry, information and insights have become increasingly paramount. As current trends project a booming market worth of US$113.4 Billion by 2030, capitalizing on the in-depth analysis provided in our comprehensive market research report is a strategic necessity for any business executive in the field. Among the key factors driving this growth are the expanding applications of PU in diverse areas, notably in the manufacture of rigid and flexible foams.
The report further delivers country-specific data and critical trendlines, spotlighting promising spaces such as China with its anticipated 9.4% CAGR. Incorporated within the coverage are insights from Japan, Canada, Germany, and the U.S., the latter expected to command a sizeable market of $19.4 Billion by the end of 2022. A competitively essential feature of the report is the examination of market-wise strategies of leading industry players, including BASF, Covestro, Foamcraft, and more. Make an informed and strategic investment in your organization's future by availing of this incisive industry roadmap.
Global Polyurethane (PU) Market to Reach $113.4 Billion by 2030
The global market for Polyurethane (PU) estimated at US$71.3 Billion in the year 2022, is projected to reach a revised size of US$113.4 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. Rigid Foams, one of the segments analyzed in the report, is projected to record 6.9% CAGR and reach US$40.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Flexible Foams segment is readjusted to a revised 5.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $19.4 Billion, While China is Forecast to Grow at 9.4% CAGR
The Polyurethane (PU) market in the U.S. is estimated at US$19.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$24.6 Billion by the year 2030 trailing a CAGR of 9.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.6% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.Select Competitors (Total 43 Featured) -
- Armacell
- BASF
- Compagnie De Saint-Gobain S.A.
- Covestro AG
- Eurofoam Group
- Foamcraft, Inc.
- Foampartner Group
- Future Foam, Inc.
- Fxi-Foamex Innovations
- Huntsman
- Inoac Corporation
- Lanxess
- Mitsui Chemicals & SKC Polyurethanes Inc.
- Nitto Denko Corporation
- Recticel
- Rogers Corporation
- The Dow Chemical Company
- Tosoh Corporation
- Yantai Wanhua Polyurethanes Co. Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Polyurethane (PU)?
What is the growth rate of the Global Market for Polyurethane (PU)?
What is the forecasted size of the Global Market for Polyurethane (PU)?
Who are the key companies in the Global Market for Polyurethane (PU)?
| Report Attribute | Details |
|---|---|
| No. of Pages | 94 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 71.3 Billion |
| Forecasted Market Value ( USD | $ 113.4 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Armacell
- BASF
- Compagnie De Saint-Gobain S.A.
- Covestro AG
- Eurofoam Group
- Foamcraft, Inc.
- Foampartner Group
- Future Foam, Inc.
- Fxi-Foamex Innovations
- Huntsman
- Inoac Corporation
- Lanxess
- Mitsui Chemicals & SKC Polyurethanes Inc.
- Nitto Denko Corporation
- Recticel
- Rogers Corporation
- The Dow Chemical Company
- Tosoh Corporation
- Yantai Wanhua Polyurethanes Co. Ltd.
