Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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| USD 64.03 Billion | |
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Global Polyurethane Market, By Material Type (Polyol, MDI, TDI, Others), Product Type (Flexible foam, Rigid foam, Coating, Adhesive and sealants, Elastomers, Others), End User (Building and Construction, Automotive and transportation, Bedding and furniture, Footwear, Appliances and white goods, others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Polyurethane is most commonly used in the building and construction industries, where it is used in a variety of household, commercial, and industrial applications. Polyurethane is widely used in building and construction applications due to its excellent strength-to-weight ratio, insulation properties, durability, and versatility.
Data Bridge Market Research analyses that the polyurethane market to grow at a CAGR of 6.2% during the forecast period. Data Bridge Market Research report on Polyurethane market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Market Definition
Polyurethane (also known as polymeric material) is made from a variety of starting materials, which is why it is classified as a polymer rather than a distinct compound. It is available in rigid and flexible forms and is used in a wide range of applications that make our lives more comfortable and environmentally friendly due to factors such as easy availability, low cost, ease of use, and recyclability.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Material Type (Polyol, MDI, TDI, Others), Product Type (Flexible foam, Rigid foam, Coating, Adhesive and sealants, Elastomers, Others), End User (Building and Construction, Automotive and transportation, Bedding and furniture, Footwear, Appliances and white goods, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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BASF SE (Germany), The Dow Chemical Company (U.S.), INEOS( Switzerland), SABIC (Saudi Arabia, LyondellBasell Industries Holdings B.V.( the Netherlands), DuPont (U.S.), Royal Dutch Shell plc ( the Netherlands), Bayer AG ( Germany), Clariant ( Switzerland), Huntsman International LLC (U.S.)
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Market Oppurtunities
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This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Factors such as the increased use of polyurethane in refrigeration applications and the revival of the bedding segments are driving the market growth rate. Furthermore, the numerous applications provided by flexible foam, such as upholstered furniture, rigid foam for insulation in walls and roofs, TPU used in medical devices and footwear, to coatings, adhesives, sealants, and elastomers used on floors and automotive interiors, will pave the way for market growth.
The growing demand for low VOC, green, and sustainable polyurethane, as well as the expansion of polyurethane recycling and recovery, are expected to create numerous market opportunities.
Restraints
On the other hand, factors such as the new bio-based polyurethane feedstock and volatility in crude oil prices pose a significant challenge to the growth of the polyurethane market.
This polyurethane market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the polyurethane market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The COVID-19 pandemic hampered the polyurethane market by imposing government restrictions, travel restrictions, lockdowns, and the closure of factories. Because the building and construction industries were shut down, the polyurethane market suffered. Polyurethane is a versatile insulator. Rigid polyurethane foams are used to create storage devices, such as specialised coolers, in which COVID-19 vaccine vials can be kept. These are used in the global transportation of vaccines. As a result, the demand for polyurethane is expected to rise in the near future.
Recent Development
The polyurethane market is segmented on the basis of material type, product type and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material Type
On the basis of material type, the polyurethane market is segmented into polyol, MDI, TDI and others.
Product type
Based on product type, the polyurethane market is segmented into flexible foam, rigid foam, coating, adhesive and sealants, elastomers and others.
End user
Based on end user, the polyurethane market is segmented into building and construction, automotive and transportation,, bedding and furniture, footwear, appliances and white goods and others.
The polyurethane market is analysed and market size insights and trends are provided by country type, material type, product type and end use as referenced above.
The countries covered in the polyurethane market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.
Asia-Pacific is expected to dominate the polyurethane market due to the region's expanding automotive industry and growing polymer adoption in a variety of growing industrial sectors. North America, on the other hand, will continue to show profitable growth during the forecast period as demand for low VOC, green, and sustainable polyurethane increases.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The polyurethane market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to polyurethane market.
Some of the major players operating in the polyurethane market are:
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To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its Global Polyurethane Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as Global Polyurethane Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.