News

The global polyurethane market size is expected to be worth around US$ 96.60 billion by 2030, according to a new report by Vision Research Reports.

The global polyurethane market size was valued at US$ 71.67 billion in 2020 and is anticipated to grow at a CAGR of 5.8% during forecast period 2021 to 2030.

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Report Coverage

Growth Factors

 Increasing demand for lightweight and high-performance composites from the automotive industry is driving the growth of the market. Polyurethane (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 utilization of Thermoplastic Polyurethane (TPU) in auto components can drastically decrease the overall weight of automobiles, which, in turn, limits fuel consumption.

Key Players

• Dow Inc.
• BASF SE
• Covestro AG
• Huntsman International LLC
• Eastman Chemical Company
• Mitsui & Co. Plastics Ltd
• Mitsubishi Chemical Corporation
• Recticel NV/SA
• Woodbridge
• DIC Corporation
• RTP Company
• The Lubrizol Corporation
• RAMPF Holding GmbH & Co. KG
• Tosoh Corporation

Market Segmentation

• Product
  • Rigid Foam
  • Flexible Foam
  • Coatings
  • Adhesives & Sealants
  • Elastomers
  • Others
• Application
  • Furniture & Interiors
  • Construction
  • Electronics & Appliances
  • Automotive
  • Footwear
  • Packaging
  • Others
• Regional
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Russia
    • Spain
    • U.K.
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia

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