Industry: Chemical & Material
Published Date: 2026-04-28
Pages: 144 Pages
Report ld: 6664420
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Polyurethane (PU) Market Size(US$)

CAGR 2026-2032
3.2%
Market Size,2032
USD 57,770
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Polyurethane (PU) market was valued at US$ 46480 million in 2025 and is anticipated to reach US$ 57770 million by 2032, at a CAGR of 3.2% from 2026 to 2032.
The 2025 U.S. tariff policies introduce profound uncertainty into the global economic landscape. This report critically examines the implications of recent tariff adjustments and international strategic countermeasures on Polyurethane (PU) competitive dynamics, regional economic interdependencies, and supply chain reconfigurations.
Polyurethane (PU) is a polymer composed of organic units joined by carbamate (urethane) links. While most polyurethanes are thermosetting polymers that do not melt when heated, thermoplastic polyurethanes are also available.
The North American market for Polyurethane (PU) is projected to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.
The Asia-Pacific market for Polyurethane (PU) is projected to rise from US$ million in 2025 to US$ million by 2032, at a CAGR of % over 2026–2032.
Major global manufacturers of Polyurethane (PU) include Dow, BASF, Huntsman, AkzoNobel, Covestro, Lubrizol, Recticel, LANXESS, INOAC, Tosoh, etc. In 2025, the world's top three vendors accounted for approximately % of revenue.
This report delivers a comprehensive overview of the global Polyurethane (PU) market, with both quantitative and qualitative analyses, to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current market, and make informed business decisions regarding Polyurethane (PU). The Polyurethane (PU) market size, estimates, and forecasts are provided in terms of output/shipments (MT) and revenue (US$ millions), with 2025 as the base year and historical and forecast data for 2021–2032.
The report segments the global Polyurethane (PU) market comprehensively. Regional market sizes by Type, by Application, , and by company are also provided. For deeper insight, the report profiles the competitive landscape, key competitors, and their respective market rankings, and discusses technological trends and new product developments.
This report will assist Polyurethane (PU) manufacturers, new entrants, and companies across the industry value chain with information on revenues, production, and average prices for the overall market and its sub-segments, by company, by Type, by Application, and by region.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the scope of the report and presents an executive summary of market segments (by Type, by Application, , etc.), including the size of each segment and its future growth potential. It offers a high-level view of the current market and its likely evolution in the short, medium, and long term.
Chapter 2: Provides a detailed analysis of the competitive landscape for Polyurethane (PU) manufacturers, including prices, production, value-based market shares, latest development plans, and information on mergers and acquisitions.
Chapter 3: Examines Polyurethane (PU) production/output and value by region and country, providing a quantitative assessment of market size and growth potential for each region over the next six years.
Chapter 4: Analyzes Polyurethane (PU) consumption at the regional and country levels. It quantifies market size and growth potential for each region and its key countries, and outlines market development, outlook, addressable space, and national production.
Chapter 5: Analyzes market segments by Type, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities.
Chapter 6: Analyzes market segments by Application, covering the size and growth potential of each segment to help readers identify “blue ocean” opportunities in downstream markets.
Chapter 7: Profiles key players, detailing the fundamentals of major companies, including product production/output, value, price, gross margin, product portfolio/introductions, and recent developments.
Chapter 8: Reviews the industry value chain, including upstream and downstream segments.
Chapter 9: Discusses market dynamics and recent developments, including drivers, restraints, challenges and risks for manufacturers, U.S. Tariffs and relevant policy analysis.
Chapter 10: Summarizes the key findings and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Polyurethane (PU) Market Overview
1.1 Product Definition
1.2 Polyurethane (PU) by Type
1.2.1 Global Polyurethane (PU) Market Value Growth Rate Analysis by Type: 2025 vs 2032
1.2.2 Flexible Foam
1.2.3 Rigid Foam
1.2.4 Coatings
1.2.5 Adhesives & Sealants
1.2.6 Elastomers
1.2.7 Others
1.3 Polyurethane (PU) by Application
1.3.1 Global Polyurethane (PU) Market Value Growth Rate Analysis by Application: 2025 vs 2032
1.3.2 Furniture
1.3.3 Construction
1.3.4 Electronics and Appliances
1.3.5 Automotive
1.3.6 Footwear
1.3.7 Packaging
1.3.8 Others
1.4 Global Market Growth Prospects
1.4.1 Global Polyurethane (PU) Production Value Estimates and Forecasts (2021–2032)
1.4.2 Global Polyurethane (PU) Production Capacity Estimates and Forecasts (2021–2032)
1.4.3 Global Polyurethane (PU) Production Estimates and Forecasts (2021–2032)
1.4.4 Global Polyurethane (PU) Market Average Price Estimates and Forecasts (2021–2032)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Polyurethane (PU) Production Market Share by Manufacturers (2021–2026)
2.2 Global Polyurethane (PU) Production Value Market Share by Manufacturers (2021–2026)
2.3 Global Key Players of Polyurethane (PU), Industry Ranking, 2024 vs 2025
2.4 Global Polyurethane (PU) Market Share by Company Tier (Tier 1, Tier 2, Tier 3)
2.5 Global Polyurethane (PU) Average Price by Manufacturers (2021–2026)
2.6 Global Key Manufacturers of Polyurethane (PU), Manufacturing Footprints and Headquarters
2.7 Global Key Manufacturers of Polyurethane (PU), Product Offerings and Applications
2.8 Global Key Manufacturers of Polyurethane (PU), Date of Entry into the Industry
2.9 Polyurethane (PU) Market Competitive Situation and Trends
2.9.1 Polyurethane (PU) Market Concentration Rate
2.9.2 Top 5 and Top 10 Global Polyurethane (PU) Players Market Share by Revenue
2.10 Mergers & Acquisitions and Expansion
3 Polyurethane (PU) Production by Region
3.1 Global Polyurethane (PU) Production Value Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.2 Global Polyurethane (PU) Production Value by Region (2021–2032)
3.2.1 Global Polyurethane (PU) Production Value by Region (2021–2026)
3.2.2 Global Forecasted Production Value of Polyurethane (PU) by Region (2027–2032)
3.3 Global Polyurethane (PU) Production Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
3.4 Global Polyurethane (PU) Production Volume by Region (2021–2032)
3.4.1 Global Polyurethane (PU) Production by Region (2021–2026)
3.4.2 Global Forecasted Production of Polyurethane (PU) by Region (2027–2032)
3.5 Global Polyurethane (PU) Market Price Analysis by Region (2021–2032)
3.6 Global Polyurethane (PU) Production, Value, and Year-over-Year Growth
3.6.1 North America Polyurethane (PU) Production Value Estimates and Forecasts (2021–2032)
3.6.2 Europe Polyurethane (PU) Production Value Estimates and Forecasts (2021–2032)
3.6.3 China Polyurethane (PU) Production Value Estimates and Forecasts (2021–2032)
3.6.4 Japan Polyurethane (PU) Production Value Estimates and Forecasts (2021–2032)
4 Polyurethane (PU) Consumption by Region
4.1 Global Polyurethane (PU) Consumption Estimates and Forecasts by Region: 2021 vs 2025 vs 2032
4.2 Global Polyurethane (PU) Consumption by Region (2021–2032)
4.2.1 Global Polyurethane (PU) Consumption by Region (2021–2026)
4.2.2 Global Polyurethane (PU) Forecasted Consumption by Region (2027–2032)
4.3 North America
4.3.1 North America Polyurethane (PU) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.3.2 North America Polyurethane (PU) Consumption by Country (2021–2032)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Polyurethane (PU) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.4.2 Europe Polyurethane (PU) Consumption by Country (2021–2032)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Polyurethane (PU) Consumption Growth Rate by Region: 2021 vs 2025 vs 2032
4.5.2 Asia Pacific Polyurethane (PU) Consumption by Region (2021–2032)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Polyurethane (PU) Consumption Growth Rate by Country: 2021 vs 2025 vs 2032
4.6.2 Latin America, Middle East & Africa Polyurethane (PU) Consumption by Country (2021–2032)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Polyurethane (PU) Production by Type (2021–2032)
5.1.1 Global Polyurethane (PU) Production by Type (2021–2026)
5.1.2 Global Polyurethane (PU) Production by Type (2027–2032)
5.1.3 Global Polyurethane (PU) Production Market Share by Type (2021–2032)
5.2 Global Polyurethane (PU) Production Value by Type (2021–2032)
5.2.1 Global Polyurethane (PU) Production Value by Type (2021–2026)
5.2.2 Global Polyurethane (PU) Production Value by Type (2027–2032)
5.2.3 Global Polyurethane (PU) Production Value Market Share by Type (2021–2032)
5.3 Global Polyurethane (PU) Price by Type (2021–2032)
6 Segment by Application
6.1 Global Polyurethane (PU) Production by Application (2021–2032)
6.1.1 Global Polyurethane (PU) Production by Application (2021–2026)
6.1.2 Global Polyurethane (PU) Production by Application (2027–2032)
6.1.3 Global Polyurethane (PU) Production Market Share by Application (2021–2032)
6.2 Global Polyurethane (PU) Production Value by Application (2021–2032)
6.2.1 Global Polyurethane (PU) Production Value by Application (2021–2026)
6.2.2 Global Polyurethane (PU) Production Value by Application (2027–2032)
6.2.3 Global Polyurethane (PU) Production Value Market Share by Application (2021–2032)
6.3 Global Polyurethane (PU) Price by Application (2021–2032)
7 Key Companies Profiled
7.1 Dow
7.1.1 Dow Polyurethane (PU) Company Information
7.1.2 Dow Polyurethane (PU) Product Portfolio
7.1.3 Dow Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.1.4 Dow Main Business and Markets Served
7.1.5 Dow Recent Developments/Updates
7.2 BASF
7.2.1 BASF Polyurethane (PU) Company Information
7.2.2 BASF Polyurethane (PU) Product Portfolio
7.2.3 BASF Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.2.4 BASF Main Business and Markets Served
7.2.5 BASF Recent Developments/Updates
7.3 Huntsman
7.3.1 Huntsman Polyurethane (PU) Company Information
7.3.2 Huntsman Polyurethane (PU) Product Portfolio
7.3.3 Huntsman Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.3.4 Huntsman Main Business and Markets Served
7.3.5 Huntsman Recent Developments/Updates
7.4 AkzoNobel
7.4.1 AkzoNobel Polyurethane (PU) Company Information
7.4.2 AkzoNobel Polyurethane (PU) Product Portfolio
7.4.3 AkzoNobel Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.4.4 AkzoNobel Main Business and Markets Served
7.4.5 AkzoNobel Recent Developments/Updates
7.5 Covestro
7.5.1 Covestro Polyurethane (PU) Company Information
7.5.2 Covestro Polyurethane (PU) Product Portfolio
7.5.3 Covestro Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.5.4 Covestro Main Business and Markets Served
7.5.5 Covestro Recent Developments/Updates
7.6 Lubrizol
7.6.1 Lubrizol Polyurethane (PU) Company Information
7.6.2 Lubrizol Polyurethane (PU) Product Portfolio
7.6.3 Lubrizol Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.6.4 Lubrizol Main Business and Markets Served
7.6.5 Lubrizol Recent Developments/Updates
7.7 Recticel
7.7.1 Recticel Polyurethane (PU) Company Information
7.7.2 Recticel Polyurethane (PU) Product Portfolio
7.7.3 Recticel Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.7.4 Recticel Main Business and Markets Served
7.7.5 Recticel Recent Developments/Updates
7.8 LANXESS
7.8.1 LANXESS Polyurethane (PU) Company Information
7.8.2 LANXESS Polyurethane (PU) Product Portfolio
7.8.3 LANXESS Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.8.4 LANXESS Main Business and Markets Served
7.8.5 LANXESS Recent Developments/Updates
7.9 INOAC
7.9.1 INOAC Polyurethane (PU) Company Information
7.9.2 INOAC Polyurethane (PU) Product Portfolio
7.9.3 INOAC Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.9.4 INOAC Main Business and Markets Served
7.9.5 INOAC Recent Developments/Updates
7.10 Tosoh
7.10.1 Tosoh Polyurethane (PU) Company Information
7.10.2 Tosoh Polyurethane (PU) Product Portfolio
7.10.3 Tosoh Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.10.4 Tosoh Main Business and Markets Served
7.10.5 Tosoh Recent Developments/Updates
7.11 Mitsui Chem
7.11.1 Mitsui Chem Polyurethane (PU) Company Information
7.11.2 Mitsui Chem Polyurethane (PU) Product Portfolio
7.11.3 Mitsui Chem Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.11.4 Mitsui Chem Main Business and Markets Served
7.11.5 Mitsui Chem Recent Developments/Updates
7.12 Woodbridge Foam
7.12.1 Woodbridge Foam Polyurethane (PU) Company Information
7.12.2 Woodbridge Foam Polyurethane (PU) Product Portfolio
7.12.3 Woodbridge Foam Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.12.4 Woodbridge Foam Main Business and Markets Served
7.12.5 Woodbridge Foam Recent Developments/Updates
7.13 Wanhua
7.13.1 Wanhua Polyurethane (PU) Company Information
7.13.2 Wanhua Polyurethane (PU) Product Portfolio
7.13.3 Wanhua Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.13.4 Wanhua Main Business and Markets Served
7.13.5 Wanhua Recent Developments/Updates
7.14 Shanghai Dongda
7.14.1 Shanghai Dongda Polyurethane (PU) Company Information
7.14.2 Shanghai Dongda Polyurethane (PU) Product Portfolio
7.14.3 Shanghai Dongda Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.14.4 Shanghai Dongda Main Business and Markets Served
7.14.5 Shanghai Dongda Recent Developments/Updates
7.15 Oriental Yuhong
7.15.1 Oriental Yuhong Polyurethane (PU) Company Information
7.15.2 Oriental Yuhong Polyurethane (PU) Product Portfolio
7.15.3 Oriental Yuhong Polyurethane (PU) Production, Value, Price, and Gross Margin (2021–2026)
7.15.4 Oriental Yuhong Main Business and Markets Served
7.15.5 Oriental Yuhong Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Polyurethane (PU) Industry Chain Analysis
8.2 Polyurethane (PU) Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Polyurethane (PU) Production Modes and Processes
8.4 Polyurethane (PU) Sales and Marketing
8.4.1 Polyurethane (PU) Sales Channels
8.4.2 Polyurethane (PU) Distributors
8.5 Polyurethane (PU) Customer Analysis
9 Polyurethane (PU) Market Dynamics
9.1 Polyurethane (PU) Industry Trends
9.2 Polyurethane (PU) Market Drivers
9.3 Polyurethane (PU) Market Challenges
9.4 Polyurethane (PU) Market Restraints
9.5 Impact of U.S. Tariffs
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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