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Chemical & Material Global Polyurethanes (PU) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4654572
    • |
  • 05 December, 2025
    • |
  • Global
    • |
  • 139 Pages
    • |
  • GIR
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Polyurethanes (PU) market size was valued at US$ 66880 million in 2024 and is forecast to a readjusted size of USD 97940 million by 2031 with a CAGR of 5.7% during review period.
Polyurethane (PU), is a type of polymer compound. Polyurethane has two categories: polyester type and polyether type. They can be made into polyurethane plastic (mainly foam), polyurethane fiber (spandex), polyurethane rubber and elastomers.
China is the largest Polyurethanes (PU) market with about 49% market share. Europe is follower, accounting for about 19% market share. The key players are Dow, BASF, Huntsman, AkzoNobel, Covestro, Lubrizol, Recticel, LANXESS, INOAC, Tosoh, Huafon, Xuchuan Chemical, Zhejiang Hexin Science And Technology, Huada Chem, Qingdao Xinyutian Chemical, Shanghai Hongde Polyurethane etc. Top 5 companies occupied about 22% market share.
This report is a detailed and comprehensive analysis for global Polyurethanes (PU) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Polyurethanes (PU) market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Polyurethanes (PU) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Polyurethanes (PU) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2020-2031
Global Polyurethanes (PU) market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Polyurethanes (PU)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Polyurethanes (PU) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Dow, BASF, Huntsman, AkzoNobel, Covestro, Lubrizol, Recticel, LANXESS, INOAC, Tosoh, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Polyurethanes (PU) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Flexible Foam
Rigid Foam
Coating
Adhesives and Sealants
Elastomer
Slurry for Synthetic Leather and Shoe
Spandex
Others
Market segment by Application
Furniture
Building
Electronics and Household Appliances
Automotive Industry
Shoe and Leather
Others
Major players covered
Dow
BASF
Huntsman
AkzoNobel
Covestro
Lubrizol
Recticel
LANXESS
INOAC
Tosoh
Huafon
Xuchuan Chemical
Zhejiang Hexin Science And Technology
Huada Chem
Qingdao Xinyutian Chemical
Shanghai Hongde Polyurethane
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Polyurethanes (PU) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Polyurethanes (PU), with price, sales quantity, revenue, and global market share of Polyurethanes (PU) from 2020 to 2025.
Chapter 3, the Polyurethanes (PU) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Polyurethanes (PU) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Polyurethanes (PU) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Polyurethanes (PU).
Chapter 14 and 15, to describe Polyurethanes (PU) sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Polyurethanes (PU) Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Flexible Foam
    • 1.3.3 Rigid Foam
    • 1.3.4 Coating
    • 1.3.5 Adhesives and Sealants
    • 1.3.6 Elastomer
    • 1.3.7 Slurry for Synthetic Leather and Shoe
    • 1.3.8 Spandex
    • 1.3.9 Others
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Polyurethanes (PU) Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Furniture
    • 1.4.3 Building
    • 1.4.4 Electronics and Household Appliances
    • 1.4.5 Automotive Industry
    • 1.4.6 Shoe and Leather
    • 1.4.7 Others
  • 1.5 Global Polyurethanes (PU) Market Size & Forecast
    • 1.5.1 Global Polyurethanes (PU) Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Polyurethanes (PU) Sales Quantity (2020-2031)
    • 1.5.3 Global Polyurethanes (PU) Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Dow
    • 2.1.1 Dow Details
    • 2.1.2 Dow Major Business
    • 2.1.3 Dow Polyurethanes (PU) Product and Services
    • 2.1.4 Dow Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Dow Recent Developments/Updates
  • 2.2 BASF
    • 2.2.1 BASF Details
    • 2.2.2 BASF Major Business
    • 2.2.3 BASF Polyurethanes (PU) Product and Services
    • 2.2.4 BASF Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 BASF Recent Developments/Updates
  • 2.3 Huntsman
    • 2.3.1 Huntsman Details
    • 2.3.2 Huntsman Major Business
    • 2.3.3 Huntsman Polyurethanes (PU) Product and Services
    • 2.3.4 Huntsman Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Huntsman Recent Developments/Updates
  • 2.4 AkzoNobel
    • 2.4.1 AkzoNobel Details
    • 2.4.2 AkzoNobel Major Business
    • 2.4.3 AkzoNobel Polyurethanes (PU) Product and Services
    • 2.4.4 AkzoNobel Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 AkzoNobel Recent Developments/Updates
  • 2.5 Covestro
    • 2.5.1 Covestro Details
    • 2.5.2 Covestro Major Business
    • 2.5.3 Covestro Polyurethanes (PU) Product and Services
    • 2.5.4 Covestro Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 Covestro Recent Developments/Updates
  • 2.6 Lubrizol
    • 2.6.1 Lubrizol Details
    • 2.6.2 Lubrizol Major Business
    • 2.6.3 Lubrizol Polyurethanes (PU) Product and Services
    • 2.6.4 Lubrizol Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Lubrizol Recent Developments/Updates
  • 2.7 Recticel
    • 2.7.1 Recticel Details
    • 2.7.2 Recticel Major Business
    • 2.7.3 Recticel Polyurethanes (PU) Product and Services
    • 2.7.4 Recticel Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Recticel Recent Developments/Updates
  • 2.8 LANXESS
    • 2.8.1 LANXESS Details
    • 2.8.2 LANXESS Major Business
    • 2.8.3 LANXESS Polyurethanes (PU) Product and Services
    • 2.8.4 LANXESS Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 LANXESS Recent Developments/Updates
  • 2.9 INOAC
    • 2.9.1 INOAC Details
    • 2.9.2 INOAC Major Business
    • 2.9.3 INOAC Polyurethanes (PU) Product and Services
    • 2.9.4 INOAC Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 INOAC Recent Developments/Updates
  • 2.10 Tosoh
    • 2.10.1 Tosoh Details
    • 2.10.2 Tosoh Major Business
    • 2.10.3 Tosoh Polyurethanes (PU) Product and Services
    • 2.10.4 Tosoh Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Tosoh Recent Developments/Updates
  • 2.11 Huafon
    • 2.11.1 Huafon Details
    • 2.11.2 Huafon Major Business
    • 2.11.3 Huafon Polyurethanes (PU) Product and Services
    • 2.11.4 Huafon Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Huafon Recent Developments/Updates
  • 2.12 Xuchuan Chemical
    • 2.12.1 Xuchuan Chemical Details
    • 2.12.2 Xuchuan Chemical Major Business
    • 2.12.3 Xuchuan Chemical Polyurethanes (PU) Product and Services
    • 2.12.4 Xuchuan Chemical Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 Xuchuan Chemical Recent Developments/Updates
  • 2.13 Zhejiang Hexin Science And Technology
    • 2.13.1 Zhejiang Hexin Science And Technology Details
    • 2.13.2 Zhejiang Hexin Science And Technology Major Business
    • 2.13.3 Zhejiang Hexin Science And Technology Polyurethanes (PU) Product and Services
    • 2.13.4 Zhejiang Hexin Science And Technology Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 Zhejiang Hexin Science And Technology Recent Developments/Updates
  • 2.14 Huada Chem
    • 2.14.1 Huada Chem Details
    • 2.14.2 Huada Chem Major Business
    • 2.14.3 Huada Chem Polyurethanes (PU) Product and Services
    • 2.14.4 Huada Chem Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Huada Chem Recent Developments/Updates
  • 2.15 Qingdao Xinyutian Chemical
    • 2.15.1 Qingdao Xinyutian Chemical Details
    • 2.15.2 Qingdao Xinyutian Chemical Major Business
    • 2.15.3 Qingdao Xinyutian Chemical Polyurethanes (PU) Product and Services
    • 2.15.4 Qingdao Xinyutian Chemical Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 Qingdao Xinyutian Chemical Recent Developments/Updates
  • 2.16 Shanghai Hongde Polyurethane
    • 2.16.1 Shanghai Hongde Polyurethane Details
    • 2.16.2 Shanghai Hongde Polyurethane Major Business
    • 2.16.3 Shanghai Hongde Polyurethane Polyurethanes (PU) Product and Services
    • 2.16.4 Shanghai Hongde Polyurethane Polyurethanes (PU) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Shanghai Hongde Polyurethane Recent Developments/Updates

3 Competitive Environment: Polyurethanes (PU) by Manufacturer

  • 3.1 Global Polyurethanes (PU) Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Polyurethanes (PU) Revenue by Manufacturer (2020-2025)
  • 3.3 Global Polyurethanes (PU) Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Polyurethanes (PU) by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Polyurethanes (PU) Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Polyurethanes (PU) Manufacturer Market Share in 2024
  • 3.5 Polyurethanes (PU) Market: Overall Company Footprint Analysis
    • 3.5.1 Polyurethanes (PU) Market: Region Footprint
    • 3.5.2 Polyurethanes (PU) Market: Company Product Type Footprint
    • 3.5.3 Polyurethanes (PU) Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Polyurethanes (PU) Market Size by Region
    • 4.1.1 Global Polyurethanes (PU) Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Polyurethanes (PU) Consumption Value by Region (2020-2031)
    • 4.1.3 Global Polyurethanes (PU) Average Price by Region (2020-2031)
  • 4.2 North America Polyurethanes (PU) Consumption Value (2020-2031)
  • 4.3 Europe Polyurethanes (PU) Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Polyurethanes (PU) Consumption Value (2020-2031)
  • 4.5 South America Polyurethanes (PU) Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Polyurethanes (PU) Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Polyurethanes (PU) Sales Quantity by Type (2020-2031)
  • 5.2 Global Polyurethanes (PU) Consumption Value by Type (2020-2031)
  • 5.3 Global Polyurethanes (PU) Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Polyurethanes (PU) Sales Quantity by Application (2020-2031)
  • 6.2 Global Polyurethanes (PU) Consumption Value by Application (2020-2031)
  • 6.3 Global Polyurethanes (PU) Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Polyurethanes (PU) Sales Quantity by Type (2020-2031)
  • 7.2 North America Polyurethanes (PU) Sales Quantity by Application (2020-2031)
  • 7.3 North America Polyurethanes (PU) Market Size by Country
    • 7.3.1 North America Polyurethanes (PU) Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Polyurethanes (PU) Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Polyurethanes (PU) Sales Quantity by Type (2020-2031)
  • 8.2 Europe Polyurethanes (PU) Sales Quantity by Application (2020-2031)
  • 8.3 Europe Polyurethanes (PU) Market Size by Country
    • 8.3.1 Europe Polyurethanes (PU) Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Polyurethanes (PU) Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Polyurethanes (PU) Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Polyurethanes (PU) Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Polyurethanes (PU) Market Size by Region
    • 9.3.1 Asia-Pacific Polyurethanes (PU) Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Polyurethanes (PU) Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Polyurethanes (PU) Sales Quantity by Type (2020-2031)
  • 10.2 South America Polyurethanes (PU) Sales Quantity by Application (2020-2031)
  • 10.3 South America Polyurethanes (PU) Market Size by Country
    • 10.3.1 South America Polyurethanes (PU) Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Polyurethanes (PU) Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Polyurethanes (PU) Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Polyurethanes (PU) Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Polyurethanes (PU) Market Size by Country
    • 11.3.1 Middle East & Africa Polyurethanes (PU) Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Polyurethanes (PU) Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Polyurethanes (PU) Market Drivers
  • 12.2 Polyurethanes (PU) Market Restraints
  • 12.3 Polyurethanes (PU) Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Polyurethanes (PU) and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Polyurethanes (PU)
  • 13.3 Polyurethanes (PU) Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Polyurethanes (PU) Typical Distributors
  • 14.3 Polyurethanes (PU) Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Polyurethanes (PU). Industry analysis & Market Report on Polyurethanes (PU) is a syndicated market report, published as Global Polyurethanes (PU) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Polyurethanes (PU) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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