Polyol and Polyurethane Market Report: Trends, Forecast and Competitive Analysis to 2030

Polyol and Polyurethane Trends and Forecast

The future of the global polyol and polyurethane market looks promising with opportunities in the furniture and interior, construction, electronics and appliances, automotive, footwear, packaging, and industrial insulation markets. The global polyol and polyurethane market is expected to reach an estimated $34.5 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are the growing need for polyols and polyurethanes due to the expansion of the building and construction as well as the automotive sectors, growing demand from producers of freezers and refrigerators globally, and governments' stringent control over the production of polyols and polyurethanes.

A more than 150-page report is developed to help in your business decisions.

Polyol and Polyurethane by Segment

The study includes a forecast for the global polyol and polyurethane by product, application, end use, and region.

Polyol and Polyurethane Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Polyether Polyols
• Polyester Polyols

Polyol and Polyurethane Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Flexible Foams
• Rigid Foams
• Coatings
• Adhesives and Sealants
• Elastomers
• Others

Polyol and Polyurethane Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Furniture and Interiors
• Construction
• Electronics and Appliances
• Automotive
• Footwear
• Packaging
• Industrial Insulation
• Others

Polyol and Polyurethane Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Polyol and Polyurethane Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polyol and polyurethane companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polyol and polyurethane companies profiled in this report include-

• BASF
• Bayer Material Science
• Chemtura
• The Dow Chemical Company
• E.I. du Pont de Nemours & Company
• IRPC Public Company
• Huntsman

Polyol and Polyurethane Market Insights

Lucintel forecasts that rigid foam is expected to witness the highest growth over the forecast period because the builders are using rigid polyfoam to maintain constant temperature and minimize noise levels in residential and commercial structures.

APAC will remain the largest region over the forecast period due to rising income levels, rising domestic demand, and declining raw material costs in the region.

Features of the Global Polyol and Polyurethane Market

Market Size Estimates: Polyol and polyurethane market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Polyol and polyurethane market size by product, application, end use, and region in terms of value ($B).

Regional Analysis: Polyol and polyurethane market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product, application, end use, and regions for the polyol and polyurethane market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polyol and polyurethane market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the polyol and polyurethane market size?

Answer: The global polyol and polyurethane market is expected to reach an estimated $34.5 billion by 2030.

Q2. What is the growth forecast for polyol and polyurethane market?

Answer: The global polyol and polyurethane market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the polyol and polyurethane market?

Answer: The major drivers for this market are the growing need for polyols and polyurethanes due to the expansion of the building and construction as well as the automotive sectors, growing demand from producers of freezers and refrigerators globally, and governments' stringent control over the production of polyols and polyurethanes.

Q4. What are the major segments for polyol and polyurethane market?

Answer: The future of the global polyol and polyurethane market looks promising with opportunities in the furniture and interior, construction, electronics and appliances, automotive, footwear, packaging, and industrial insulation markets.

Q5. Who are the key polyol and polyurethane market companies?

Answer: Some of the key polyol and polyurethane companies are as follows.

• BASF
• Bayer Material Science
• Chemtura
• The Dow Chemical Company
• E.I. du Pont de Nemours & Company
• IRPC Public Company
• Huntsman

Q6. Which polyol and polyurethane market segment will be the largest in future?

Answer: Lucintel forecasts that rigid foam is expected to witness the highest growth over the forecast period because the builders are using rigid polyfoam to maintain constant temperature and minimize noise levels in residential and commercial structures.

Q7. In polyol and polyurethane market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to rising income levels, rising domestic demand, and declining raw material costs in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the polyol and polyurethane market by product (polyether polyols and polyester polyols), application (flexible foams, rigid foams, coatings, adhesives and sealants, elastomers, and others), end use (furniture and interiors, construction, electronics and appliances, automotive, footwear, packaging, industrial insulation, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?