North America Polyurethane Market Size, Share & Trends Analysis Report By Raw Material (Polyols, Toluene Di-isocyanate, Methylene Diphenyl Di-isocyanate, and Others), By Application, By Product, By Country and Growth Forecast, 2023

Description

List of Tables

The North America Polyurethane Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 5,163.6 kilo tonnes, showcasing a growth of 3.0% (2019-2022).

Rigid foam-based polyurethane is a versatile material with a broad spectrum of applications, prized for its unique combination of properties. Widely utilized in construction, it serves as an excellent thermal insulator in roofing, walls, and flooring, contributing to energy efficiency. Therefore, the Canada market consumed 622.8 kilo tonnes in 2022.

The US market dominated the North America Polyurethane Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,478.9 million by 2030. The Canada market is experiencing a CAGR of 6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.1% during (2023 - 2030).

The growth of the medical device sector translates into higher demand for polyurethane in production. For instance, according to data released by the People's Republic of China's State Council, as of the end of August 2020, China was home to 26,456 makers of medical devices, a 40 percent increase from the previous year.

Moreover, this has been widely adopted across various industries due to its adaptable qualities, affordability, and appropriateness for various uses. Polyurethane offers unique properties, including flexibility, durability, chemical resistance, and thermal insulation.

Polyurethane foam insulation is commonly used in renewable energy infrastructure, including solar panels, wind turbine blades, and energy storage systems, to minimize heat loss and enhance overall system efficiency. As per the data released in 2023 by the International Trade Administration (ITA), Mexico aims to achieve 35% clean energy by 2024, including power regeneration from renewable sources, as per the Energy Transition Law (Ley de Transicion Energetica) and General Climate Change Law (Ley General de Cambio Climatico). Thus, the market will grow in North America due to rising investments in the aerospace industry and the rise of the renewable energy sector in the region.

Based on Raw Material, the market is segmented into Polyols, Toluene Di-isocyanate, Methylene Diphenyl Di-isocyanate, and Others. Based on Application, the market is segmented into Construction, Furniture & Interiors, Electronics & Appliances, Footwear, Automotive, Packaging, and Others. Based on Product, the market is segmented into Rigid Foam, Flexible Foam, Coatings, Adhesives & Sealants, Elastomers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

ArcelorMittal S.A.
thyssenkrupp AG
BASF SE
Covestro AG
The Dow Chemical Company
Huntsman Corporation
Lanxess AG
Mitsui Chemicals, Inc.
Tosoh Corporation
Eastman Chemical Company

North America Polyurethane Market Report Segmentation

By Raw Material (Volume, Kilo Tonnes, USD Billion,2019-2030)

Polyols
Toluene Di-isocyanate
Methylene Diphenyl Di-isocyanate
Others

By Application (Volume, Kilo Tonnes, USD Billion,2019-2030)

Construction
Furniture & Interiors
Electronics & Appliances
Footwear
Automotive
Packaging
Others

By Product (Volume, Kilo Tonnes, USD Billion,2019-2030)

Rigid Foam
Flexible Foam
Coatings
Adhesives & Sealants
Elastomers
Others

By Country (Volume, Kilo Tonnes, USD Billion,2019-2030)

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Polyurethane Market, by Raw Material
- 1.4.2North America Polyurethane Market, by Application
- 1.4.3North America Polyurethane Market, by Product
- 1.4.4North America Polyurethane Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges
3.3Porter Five Forces Analysis

Chapter 4.Strategies Deployed in Polyurethane Market.

Chapter 5.North America Polyurethane Market by Raw Material

5.1North America Polyols Market by Country
5.2North America Toluene Di-isocyanate Market by Country
5.3North America Methylene Diphenyl Di-isocyanate Market by Country
5.4North America Others Market by Country

Chapter 6.North America Polyurethane Market by Application

6.1North America Construction Market by Country
6.2North America Furniture & Interiors Market by Country
6.3North America Electronics & Appliances Market by Country
6.4North America Footwear Market by Country
6.5North America Automotive Market by Country
6.6North America Packaging Market by Country
6.7North America Others Market by Country

Chapter 7.North America Polyurethane Market by Product

7.1North America Rigid Foam Market by Country
7.2North America Flexible Foam Market by Country
7.3North America Coatings Market by Country
7.4North America Adhesives & Sealants Market by Country
7.5North America Elastomers Market by Country
7.6North America Others Market by Country

Chapter 8.North America Polyurethane Market by Country

8.1US Polyurethane Market
- 8.1.1US Polyurethane Market by Raw Material
- 8.1.2US Polyurethane Market by Application
- 8.1.3US Polyurethane Market by Product
8.2Canada Polyurethane Market
- 8.2.1Canada Polyurethane Market by Raw Material
- 8.2.2Canada Polyurethane Market by Application
- 8.2.3Canada Polyurethane Market by Product
8.3Mexico Polyurethane Market
- 8.3.1Mexico Polyurethane Market by Raw Material
- 8.3.2Mexico Polyurethane Market by Application
- 8.3.3Mexico Polyurethane Market by Product
8.4Rest of North America Polyurethane Market
- 8.4.1Rest of North America Polyurethane Market by Raw Material
- 8.4.2Rest of North America Polyurethane Market by Application
- 8.4.3Rest of North America Polyurethane Market by Product

Chapter 9.Company Profiles

9.1ArcelorMittal S.A.
- 9.1.1Company Overview
- 9.1.2Financial Analysis
- 9.1.3Segmental and Regional Analysis
- 9.1.4Research & Development Expenses
- 9.1.5SWOT Analysis
9.2thyssenkrupp AG
- 9.2.1Company Overview
- 9.2.2Financial Analysis
- 9.2.3Segmental and Regional Analysis
- 9.2.4Research & Development Expenses
- 9.2.5SWOT Analysis
9.3BASF SE
- 9.3.1Company Overview
- 9.3.2Financial Analysis
- 9.3.3Segmental and Regional Analysis
- 9.3.4Research & Development Expense
- 9.3.5Recent strategies and developments:
  - 9.3.5.1Partnerships, Collaborations, and Agreements:
  - 9.3.5.2Geographical Expansions:
- 9.3.6SWOT Analysis
9.4Covestro AG
- 9.4.1Company Overview
- 9.4.2Financial Analysis
- 9.4.3Segmental and Regional Analysis
- 9.4.4Research & Development Expenses
- 9.4.5Recent strategies and developments:
  - 9.4.5.1Partnerships, Collaborations, and Agreements:
  - 9.4.5.2Product Launches and Product Expansions:
  - 9.4.5.3Acquisition and Mergers:
  - 9.4.5.4Geographical Expansions:
- 9.4.6SWOT Analysis
9.5The Dow Chemical Company
- 9.5.1Company Overview
- 9.5.2Financial Analysis
- 9.5.3Segmental and Regional Analysis
- 9.5.4Research & Development Expenses
- 9.5.5Recent strategies and developments:
  - 9.5.5.1Partnerships, Collaborations, and Agreements:
- 9.5.6SWOT Analysis
9.6Huntsman Corporation
- 9.6.1Company Overview
- 9.6.2Financial Analysis
- 9.6.3Segment and Regional Analysis
- 9.6.4Research & Development Expense
- 9.6.5Recent strategies and developments:
  - 9.6.5.1Acquisition and Mergers:
- 9.6.6SWOT Analysis
9.7Lanxess AG
- 9.7.1Company Overview
- 9.7.2Financial Analysis
- 9.7.3Segmental and Regional Analysis
- 9.7.4Research & Development Expenses
- 9.7.5Recent strategies and developments:
  - 9.7.5.1Partnerships, Collaborations, and Agreements:
- 9.7.6SWOT Analysis
9.8Mitsui Chemicals, Inc.
- 9.8.1Company Overview
- 9.8.2Financial Analysis
- 9.8.3Segmental and Regional Analysis
- 9.8.4Research & Development Expenses
- 9.8.5Recent strategies and developments:
  - 9.8.5.1Partnerships, Collaborations, and Agreements:
- 9.8.6SWOT Analysis
9.9Tosoh Corporation
- 9.9.1Company Overview
- 9.9.2Financial Analysis
- 9.9.3Segmental and Regional Analysis
- 9.9.4Research & Development Expenses
- 9.9.5SWOT Analysis
9.10.Eastman Chemical Company
- 9.10.1Company Overview
- 9.10.2Financial Analysis
- 9.10.3Segmental and Regional Analysis
- 9.10.4Research & Development Expense
- 9.10.5SWOT Analysis

LIST OF TABLES

TABLE 1North America Polyurethane Market, 2019 - 2022, USD Million
TABLE 2North America Polyurethane Market, 2023 - 2030, USD Million
TABLE 3North America Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 4North America Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 5North America Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 6North America Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 7North America Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 8North America Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 9North America Polyols Market by Country, 2019 - 2022, USD Million
TABLE 10North America Polyols Market by Country, 2023 - 2030, USD Million
TABLE 11North America Polyols Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12North America Polyols Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13North America Toluene Di-isocyanate Market by Country, 2019 - 2022, USD Million
TABLE 14North America Toluene Di-isocyanate Market by Country, 2023 - 2030, USD Million
TABLE 15North America Toluene Di-isocyanate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16North America Toluene Di-isocyanate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17North America Methylene Diphenyl Di-isocyanate Market by Country, 2019 - 2022, USD Million
TABLE 18North America Methylene Diphenyl Di-isocyanate Market by Country, 2023 - 2030, USD Million
TABLE 19North America Methylene Diphenyl Di-isocyanate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20North America Methylene Diphenyl Di-isocyanate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21North America Others Market by Country, 2019 - 2022, USD Million
TABLE 22North America Others Market by Country, 2023 - 2030, USD Million
TABLE 23North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25North America Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 26North America Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 27North America Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 28North America Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 29North America Construction Market by Country, 2019 - 2022, USD Million
TABLE 30North America Construction Market by Country, 2023 - 2030, USD Million
TABLE 31North America Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32North America Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33North America Furniture & Interiors Market by Country, 2019 - 2022, USD Million
TABLE 34North America Furniture & Interiors Market by Country, 2023 - 2030, USD Million
TABLE 35North America Furniture & Interiors Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36North America Furniture & Interiors Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37North America Electronics & Appliances Market by Country, 2019 - 2022, USD Million
TABLE 38North America Electronics & Appliances Market by Country, 2023 - 2030, USD Million
TABLE 39North America Electronics & Appliances Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40North America Electronics & Appliances Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41North America Footwear Market by Country, 2019 - 2022, USD Million
TABLE 42North America Footwear Market by Country, 2023 - 2030, USD Million
TABLE 43North America Footwear Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44North America Footwear Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 46North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 47North America Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48North America Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49North America Packaging Market by Country, 2019 - 2022, USD Million
TABLE 50North America Packaging Market by Country, 2023 - 2030, USD Million
TABLE 51North America Packaging Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52North America Packaging Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53North America Others Market by Country, 2019 - 2022, USD Million
TABLE 54North America Others Market by Country, 2023 - 2030, USD Million
TABLE 55North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57North America Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 58North America Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 59North America Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 60North America Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 61North America Rigid Foam Market by Country, 2019 - 2022, USD Million
TABLE 62North America Rigid Foam Market by Country, 2023 - 2030, USD Million
TABLE 63North America Rigid Foam Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64North America Rigid Foam Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65North America Flexible Foam Market by Country, 2019 - 2022, USD Million
TABLE 66North America Flexible Foam Market by Country, 2023 - 2030, USD Million
TABLE 67North America Flexible Foam Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68North America Flexible Foam Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69North America Coatings Market by Country, 2019 - 2022, USD Million
TABLE 70North America Coatings Market by Country, 2023 - 2030, USD Million
TABLE 71North America Coatings Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 72North America Coatings Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 73North America Adhesives & Sealants Market by Country, 2019 - 2022, USD Million
TABLE 74North America Adhesives & Sealants Market by Country, 2023 - 2030, USD Million
TABLE 75North America Adhesives & Sealants Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 76North America Adhesives & Sealants Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 77North America Elastomers Market by Country, 2019 - 2022, USD Million
TABLE 78North America Elastomers Market by Country, 2023 - 2030, USD Million
TABLE 79North America Elastomers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 80North America Elastomers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 81North America Others Market by Country, 2019 - 2022, USD Million
TABLE 82North America Others Market by Country, 2023 - 2030, USD Million
TABLE 83North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 84North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 85North America Polyurethane Market by Country, 2019 - 2022, USD Million
TABLE 86North America Polyurethane Market by Country, 2023 - 2030, USD Million
TABLE 87North America Polyurethane Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 88North America Polyurethane Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 89US Polyurethane Market, 2019 - 2022, USD Million
TABLE 90US Polyurethane Market, 2023 - 2030, USD Million
TABLE 91US Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 92US Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 93US Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 94US Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 95US Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 96US Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 97US Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 98US Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 99US Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100US Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101US Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 102US Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 103US Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 104US Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 105Canada Polyurethane Market, 2019 - 2022, USD Million
TABLE 106Canada Polyurethane Market, 2023 - 2030, USD Million
TABLE 107Canada Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 108Canada Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 109Canada Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 110Canada Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 111Canada Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 112Canada Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 113Canada Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 114Canada Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 115Canada Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 116Canada Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 117Canada Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 118Canada Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 119Canada Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 120Canada Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 121Mexico Polyurethane Market, 2019 - 2022, USD Million
TABLE 122Mexico Polyurethane Market, 2023 - 2030, USD Million
TABLE 123Mexico Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 124Mexico Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 125Mexico Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 126Mexico Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 127Mexico Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 128Mexico Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 129Mexico Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 130Mexico Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 131Mexico Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132Mexico Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133Mexico Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 134Mexico Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 135Mexico Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 136Mexico Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 137Rest of North America Polyurethane Market, 2019 - 2022, USD Million
TABLE 138Rest of North America Polyurethane Market, 2023 - 2030, USD Million
TABLE 139Rest of North America Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 140Rest of North America Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 141Rest of North America Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 142Rest of North America Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 143Rest of North America Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 144Rest of North America Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 145Rest of North America Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 146Rest of North America Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 147Rest of North America Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 148Rest of North America Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 149Rest of North America Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 150Rest of North America Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 151Rest of North America Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 152Rest of North America Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 153key Information - ArcelorMittal S.A.
TABLE 154Key Information - thyssenkrupp AG
TABLE 155Key Information - BASF SE
TABLE 156key information - Covestro AG
TABLE 157Key Information - The Dow Chemical Company
TABLE 158key Information - Huntsman Corporation
TABLE 159Key Information - Lanxess AG
TABLE 160Key Information - Mitsui Chemicals, Inc.
TABLE 161Key Information - Tosoh Corporation
TABLE 162Key Information - Eastman Chemical Company

North America Polyurethane Market Size, Share & Trends Analysis Report By Raw Material (Polyols, Toluene Di-isocyanate, Methylene Diphenyl Di-isocyanate, and Others), By Application, By Product, By Country and Growth Forecast, 2023 - 2030