United States Polyurethane Market is expected to reach US$ 11.01 billion by 2032 | Top Companies - BASF SE, Covestro AG, Dow Chemical Company, Huntsman Corporation.

Market Size and Growth:

The Global Polyurethane Market Size reached US$ 82.2 billion in 2023 and is expected to reach US$ 117.5 million by 2031, growing with a CAGR of 4.5% during the forecast period 2024-2031. The Market is growing due to rising demand across construction, automotive, and furniture industries, driven by its durability, insulation efficiency, and versatility in applications. According to DataM Intelligence Report.

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The Polyurethane Market encompasses the global production, distribution, and application of polyurethane materials, which are versatile polymers used in foams, coatings, adhesives, elastomers, and insulation. Driven by demand from automotive, construction, furniture, and electronics sectors, this market focuses on innovative, durable, lightweight, and energy-efficient solutions tailored for industrial and consumer applications worldwide.

Industry Recent Developments: United States

✅ September 2025: Canadian plastics manufacturer Lefko established its new U.S. headquarters in Texas to produce blow-molded plastic products for automotive, medical, and recreational industries, creating over 150 jobs with competitive wages.

✅ October 2025: The polyurethane market size in the U.S. continues robust growth with increased demand from construction and automotive sectors emphasizing energy-efficient and sustainable materials.

✅ November 2025: The U.S. polyurethane adhesives market is experiencing growth driven by increasing demand across various end-use industries such as construction, automotive, and furniture.

Industry Recent Developments: Japan

✅ September 2025: The Japan casting polyurethane market shows robust vitality with slight production decrease but rising shipments indicating strong demand, fueled by advanced steel, paper manufacturing, and semiconductor industries.

✅ October 2025: Japan is seeing a growing emphasis on bio-based polyurethane aligned with sustainability goals, with rising production and adoption in high-technology manufacturing and construction sectors.

✅ November 2025: Japan's polyurethane market continues growth driven by increasing demand for building insulation, automotive, furniture sectors, and government incentives for renewable energy applications like wind power.

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Major Key Players:

1. BASF SE
A global leader in chemicals and polyurethane solutions, BASF offers advanced PU materials for automotive, construction, and consumer industries. Its strong R&D and large production footprint enhance product performance and sustainability.

2. Covestro AG
Covestro is a major producer of high-performance polyurethane raw materials used in insulation, coatings, and elastomers. The company focuses heavily on circular economy and low-carbon innovations.

3. Dow Chemical Company
Dow delivers a wide range of polyurethane systems for packaging, furniture, automotive, and industrial applications. Its technology-driven approach improves durability, energy efficiency, and product versatility.

4. Huntsman Corporation
Huntsman manufactures MDI, polyols, and system solutions widely used in building, footwear, and automotive sectors. The company emphasizes specialty PU formulations and global presence.

5. Wanhua Chemical Group Co., Ltd.
Wanhua is one of the world's largest producers of MDI and polyurethane materials, supplying key industries from construction to electronics. Its rapid capacity expansion and competitive pricing strengthen its global share.

6. Mitsui Chemicals Inc.
Mitsui Chemicals develops specialty polyurethane materials with applications in foams, adhesives, and coatings. The company leverages innovation and sustainability to support high-performance industrial solutions.

Market Growth Drivers:

✅ Increasing demand from the construction industry owing to polyurethane's excellent thermal insulation properties, energy efficiency, and use in sealants, adhesives, and insulation materials. This demand is further propelled by urbanization and stringent building codes globally.

✅ Growing automotive industry demand for lightweight, durable materials for components such as seating cushions, composite body panels, and thermal barriers. This aligns with the industry's focus on reducing vehicle weight to meet aggressive CO2 emission targets.

✅ Rising adoption of sustainable and energy-efficient polyurethane products, including bio-based and low-VOC polyurethanes, which address environmental regulations and green building trends. Innovations in recyclable systems and advanced formulations also support market expansion.

Segments Covered in the Polyurethane Market:

By Raw Material: Toluene Diisocyanate, Polyols, Methylene Diphenyl Diisocyanate, Others.

By Product Form: Adhesives & Sealants, Coatings, Elastomers, Flexible Foam (polyurethane foam, thermoplastic polyurethane, polyurethane foam market), Rigid Foam.

By End User: Automotive & Transportation, Appliances & White Goods, Bedding & Furniture, Building & Construction, Footwear, Packaging.

Regional Analysis for Polyurethane Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Polyurethane market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Polyurethane Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Polyurethane market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Polyurethane Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Polyurethane market?

➠ Who are the global key manufacturers of the Polyurethane Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Polyurethane market opportunities and threats faced by the vendors in the global Polyurethane Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Polyurethane market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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