APO RESEARCH · REPORT
Polyurethanes (PU)
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Growth & Trends
Global Polyurethanes (PU) Industry Growth and Trends Forecast to 2032
Market perspective
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.
Read the full market overview
Report Scope
This report provides a structured, data-driven view of the global Polyurethanes (PU) market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Polyurethanes (PU) market size, estimates, and forecasts are presented in terms of sales volume (K t) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Polyurethanes (PU) market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Polyurethanes (PU).
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Polyurethanes (PU) market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Polyurethanes (PU) Market by Company
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
Polyurethanes (PU) Segment by Type
Flexible Foam
Rigid Foam
Coating
Adhesives and Sealants
Elastomer
Slurry for Synthetic Leather and Shoe
Spandex
Others
Polyurethanes (PU) Segment by Application
Furniture
Building
Electronics and Household Appliances
Automotive Industry
Shoe and Leather
Others
Polyurethanes (PU) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Polyurethanes (PU) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Polyurethanes (PU) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Polyurethanes (PU).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Polyurethanes (PU) manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Polyurethanes (PU) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Flexible Foam
- Rigid Foam
- Coating
- Adhesives and Sealants
- Elastomer
- Slurry for Synthetic Leather and Shoe
- Spandex
- Others
Applications
- Furniture
- Building
- Electronics and Household Appliances
- Automotive Industry
- Shoe and Leather
- Others
Companies 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
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Polyurethanes (PU) Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Polyurethanes (PU) Sales Estimates and Forecasts (2021-2032)
- 1.3 Polyurethanes (PU) Market by Type
- 1.3.1 Flexible Foam
- 1.3.2 Rigid Foam
- 1.3.3 Coating
- 1.3.4 Adhesives and Sealants
- 1.3.5 Elastomer
- 1.3.6 Slurry for Synthetic Leather and Shoe
- 1.3.7 Spandex
- 1.3.8 Others
- 1.4 Global Polyurethanes (PU) Market Size by Type
- 1.4.1 Global Polyurethanes (PU) Market Size Overview by Type (2021-2032)
- 1.4.2 Global Polyurethanes (PU) Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Polyurethanes (PU) Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Polyurethanes (PU) Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Polyurethanes (PU) Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Polyurethanes (PU) Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Polyurethanes (PU) Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Polyurethanes (PU) Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Polyurethanes (PU) Industry Trends
- 2.2 Polyurethanes (PU) Industry Drivers
- 2.3 Polyurethanes (PU) Industry Opportunities and Challenges
- 2.4 Polyurethanes (PU) Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Polyurethanes (PU) Revenue (2021-2026)
- 3.2 Global Top Players by Polyurethanes (PU) Sales (2021-2026)
- 3.3 Global Top Players by Polyurethanes (PU) Price (2021-2026)
- 3.4 Global Polyurethanes (PU) Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Polyurethanes (PU) Major Company Production Sites & Headquarters
- 3.6 Global Polyurethanes (PU) Company, Product Type & Application
- 3.7 Global Polyurethanes (PU) Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Polyurethanes (PU) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Polyurethanes (PU) Players Market Share by Revenue in 2025
- 3.8.3 2025 Polyurethanes (PU) Tier 1, Tier 2, and Tier 3
4 Polyurethanes (PU) Regional Status and Outlook
- 4.1 Global Polyurethanes (PU) Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Polyurethanes (PU) Historic Market Size by Region
- 4.2.1 Global Polyurethanes (PU) Sales in Volume by Region (2021-2026)
- 4.2.2 Global Polyurethanes (PU) Sales in Value by Region (2021-2026)
- 4.2.3 Global Polyurethanes (PU) Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Polyurethanes (PU) Forecasted Market Size by Region
- 4.3.1 Global Polyurethanes (PU) Sales in Volume by Region (2027-2032)
- 4.3.2 Global Polyurethanes (PU) Sales in Value by Region (2027-2032)
- 4.3.3 Global Polyurethanes (PU) Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Polyurethanes (PU) by Application
- 5.1 Polyurethanes (PU) Market by Application
- 5.1.1 Furniture
- 5.1.2 Building
- 5.1.3 Electronics and Household Appliances
- 5.1.4 Automotive Industry
- 5.1.5 Shoe and Leather
- 5.1.6 Others
- 5.2 Global Polyurethanes (PU) Market Size by Application
- 5.2.1 Global Polyurethanes (PU) Market Size Overview by Application (2021-2032)
- 5.2.2 Global Polyurethanes (PU) Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Polyurethanes (PU) Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Polyurethanes (PU) Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Polyurethanes (PU) Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Polyurethanes (PU) Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Polyurethanes (PU) Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Polyurethanes (PU) Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Dow
- 6.1.1 Dow Company Information
- 6.1.2 Dow Business Overview
- 6.1.3 Dow Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Dow Polyurethanes (PU) Product Portfolio
- 6.1.5 Dow Recent Developments
- 6.2 BASF
- 6.2.1 BASF Company Information
- 6.2.2 BASF Business Overview
- 6.2.3 BASF Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 BASF Polyurethanes (PU) Product Portfolio
- 6.2.5 BASF Recent Developments
- 6.3 Huntsman
- 6.3.1 Huntsman Company Information
- 6.3.2 Huntsman Business Overview
- 6.3.3 Huntsman Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Huntsman Polyurethanes (PU) Product Portfolio
- 6.3.5 Huntsman Recent Developments
- 6.4 AkzoNobel
- 6.4.1 AkzoNobel Company Information
- 6.4.2 AkzoNobel Business Overview
- 6.4.3 AkzoNobel Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 AkzoNobel Polyurethanes (PU) Product Portfolio
- 6.4.5 AkzoNobel Recent Developments
- 6.5 Covestro
- 6.5.1 Covestro Company Information
- 6.5.2 Covestro Business Overview
- 6.5.3 Covestro Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Covestro Polyurethanes (PU) Product Portfolio
- 6.5.5 Covestro Recent Developments
- 6.6 Lubrizol
- 6.6.1 Lubrizol Company Information
- 6.6.2 Lubrizol Business Overview
- 6.6.3 Lubrizol Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Lubrizol Polyurethanes (PU) Product Portfolio
- 6.6.5 Lubrizol Recent Developments
- 6.7 Recticel
- 6.7.1 Recticel Company Information
- 6.7.2 Recticel Business Overview
- 6.7.3 Recticel Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Recticel Polyurethanes (PU) Product Portfolio
- 6.7.5 Recticel Recent Developments
- 6.8 LANXESS
- 6.8.1 LANXESS Company Information
- 6.8.2 LANXESS Business Overview
- 6.8.3 LANXESS Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 LANXESS Polyurethanes (PU) Product Portfolio
- 6.8.5 LANXESS Recent Developments
- 6.9 INOAC
- 6.9.1 INOAC Company Information
- 6.9.2 INOAC Business Overview
- 6.9.3 INOAC Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 INOAC Polyurethanes (PU) Product Portfolio
- 6.9.5 INOAC Recent Developments
- 6.10 Tosoh
- 6.10.1 Tosoh Company Information
- 6.10.2 Tosoh Business Overview
- 6.10.3 Tosoh Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Tosoh Polyurethanes (PU) Product Portfolio
- 6.10.5 Tosoh Recent Developments
- 6.11 Huafon
- 6.11.1 Huafon Company Information
- 6.11.2 Huafon Business Overview
- 6.11.3 Huafon Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Huafon Polyurethanes (PU) Product Portfolio
- 6.11.5 Huafon Recent Developments
- 6.12 Xuchuan Chemical
- 6.12.1 Xuchuan Chemical Company Information
- 6.12.2 Xuchuan Chemical Business Overview
- 6.12.3 Xuchuan Chemical Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Xuchuan Chemical Polyurethanes (PU) Product Portfolio
- 6.12.5 Xuchuan Chemical Recent Developments
- 6.13 Zhejiang Hexin Science And Technology
- 6.13.1 Zhejiang Hexin Science And Technology Company Information
- 6.13.2 Zhejiang Hexin Science And Technology Business Overview
- 6.13.3 Zhejiang Hexin Science And Technology Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.13.4 Zhejiang Hexin Science And Technology Polyurethanes (PU) Product Portfolio
- 6.13.5 Zhejiang Hexin Science And Technology Recent Developments
- 6.14 Huada Chem
- 6.14.1 Huada Chem Company Information
- 6.14.2 Huada Chem Business Overview
- 6.14.3 Huada Chem Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.14.4 Huada Chem Polyurethanes (PU) Product Portfolio
- 6.14.5 Huada Chem Recent Developments
- 6.15 Qingdao Xinyutian Chemical
- 6.15.1 Qingdao Xinyutian Chemical Company Information
- 6.15.2 Qingdao Xinyutian Chemical Business Overview
- 6.15.3 Qingdao Xinyutian Chemical Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.15.4 Qingdao Xinyutian Chemical Polyurethanes (PU) Product Portfolio
- 6.15.5 Qingdao Xinyutian Chemical Recent Developments
- 6.16 Shanghai Hongde Polyurethane
- 6.16.1 Shanghai Hongde Polyurethane Company Information
- 6.16.2 Shanghai Hongde Polyurethane Business Overview
- 6.16.3 Shanghai Hongde Polyurethane Polyurethanes (PU) Sales, Revenue and Gross Margin (2021-2026)
- 6.16.4 Shanghai Hongde Polyurethane Polyurethanes (PU) Product Portfolio
- 6.16.5 Shanghai Hongde Polyurethane Recent Developments
7 North America by Country
- 7.1 North America Polyurethanes (PU) Sales by Country
- 7.1.1 North America Polyurethanes (PU) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Polyurethanes (PU) Sales by Country (2021-2026)
- 7.1.3 North America Polyurethanes (PU) Sales Forecast by Country (2027-2032)
- 7.2 North America Polyurethanes (PU) Market Size by Country
- 7.2.1 North America Polyurethanes (PU) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Polyurethanes (PU) Market Size by Country (2021-2026)
- 7.2.3 North America Polyurethanes (PU) Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Polyurethanes (PU) Sales by Country
- 8.1.1 Europe Polyurethanes (PU) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Polyurethanes (PU) Sales by Country (2021-2026)
- 8.1.3 Europe Polyurethanes (PU) Sales Forecast by Country (2027-2032)
- 8.2 Europe Polyurethanes (PU) Market Size by Country
- 8.2.1 Europe Polyurethanes (PU) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Polyurethanes (PU) Market Size by Country (2021-2026)
- 8.2.3 Europe Polyurethanes (PU) Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Polyurethanes (PU) Sales by Country
- 9.1.1 Asia-Pacific Polyurethanes (PU) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Polyurethanes (PU) Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Polyurethanes (PU) Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Polyurethanes (PU) Market Size by Country
- 9.2.1 Asia-Pacific Polyurethanes (PU) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Polyurethanes (PU) Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Polyurethanes (PU) Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Polyurethanes (PU) Sales by Country
- 10.1.1 South America Polyurethanes (PU) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Polyurethanes (PU) Sales by Country (2021-2026)
- 10.1.3 South America Polyurethanes (PU) Sales Forecast by Country (2027-2032)
- 10.2 South America Polyurethanes (PU) Market Size by Country
- 10.2.1 South America Polyurethanes (PU) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Polyurethanes (PU) Market Size by Country (2021-2026)
- 10.2.3 South America Polyurethanes (PU) Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Polyurethanes (PU) Sales by Country
- 11.1.1 Middle East and Africa Polyurethanes (PU) Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Polyurethanes (PU) Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Polyurethanes (PU) Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Polyurethanes (PU) Market Size by Country
- 11.2.1 Middle East and Africa Polyurethanes (PU) Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Polyurethanes (PU) Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Polyurethanes (PU) Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Polyurethanes (PU) Value Chain Analysis
- 12.1.1 Polyurethanes (PU) Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Polyurethanes (PU) Production Mode & Process
- 12.2 Polyurethanes (PU) Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Polyurethanes (PU) Distributors
- 12.2.3 Polyurethanes (PU) Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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