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 Research
Polyurethanes (PU) Industry Research Report 2026
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 quantifies the global Polyurethanes (PU) market in revenue (US$ million) and, where applicable, sales volume (K t), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K t) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Polyurethanes (PU).
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
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: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Polyurethanes (PU) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Polyurethanes (PU) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Polyurethanes (PU) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions 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 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Polyurethanes (PU) by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Flexible Foam
- 2.2.3 Rigid Foam
- 2.2.4 Coating
- 2.2.5 Adhesives and Sealants
- 2.2.6 Elastomer
- 2.2.7 Slurry for Synthetic Leather and Shoe
- 2.2.8 Spandex
- 2.2.9 Others
- 2.3 Polyurethanes (PU) by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Furniture
- 2.3.3 Building
- 2.3.4 Electronics and Household Appliances
- 2.3.5 Automotive Industry
- 2.3.6 Shoe and Leather
- 2.3.7 Others
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Polyurethanes (PU) Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Polyurethanes (PU) Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Polyurethanes (PU) Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Polyurethanes (PU) Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Polyurethanes (PU) Production by Manufacturers (2021-2026)
- 3.2 Global Polyurethanes (PU) Production Value by Manufacturers (2021-2026)
- 3.3 Global Polyurethanes (PU) Average Price by Manufacturers (2021-2026)
- 3.4 Global Polyurethanes (PU) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Polyurethanes (PU) Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Polyurethanes (PU) Manufacturers, Product Type & Application
- 3.7 Global Polyurethanes (PU) Manufacturers Established Date
- 3.8 Global Polyurethanes (PU) Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Dow
- 4.1.1 Dow Polyurethanes (PU) Company Information
- 4.1.2 Dow Polyurethanes (PU) Business Overview
- 4.1.3 Dow Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.1.4 Dow Product Portfolio
- 4.1.5 Dow Recent Developments
- 4.2 BASF
- 4.2.1 BASF Polyurethanes (PU) Company Information
- 4.2.2 BASF Polyurethanes (PU) Business Overview
- 4.2.3 BASF Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.2.4 BASF Product Portfolio
- 4.2.5 BASF Recent Developments
- 4.3 Huntsman
- 4.3.1 Huntsman Polyurethanes (PU) Company Information
- 4.3.2 Huntsman Polyurethanes (PU) Business Overview
- 4.3.3 Huntsman Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.3.4 Huntsman Product Portfolio
- 4.3.5 Huntsman Recent Developments
- 4.4 AkzoNobel
- 4.4.1 AkzoNobel Polyurethanes (PU) Company Information
- 4.4.2 AkzoNobel Polyurethanes (PU) Business Overview
- 4.4.3 AkzoNobel Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.4.4 AkzoNobel Product Portfolio
- 4.4.5 AkzoNobel Recent Developments
- 4.5 Covestro
- 4.5.1 Covestro Polyurethanes (PU) Company Information
- 4.5.2 Covestro Polyurethanes (PU) Business Overview
- 4.5.3 Covestro Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.5.4 Covestro Product Portfolio
- 4.5.5 Covestro Recent Developments
- 4.6 Lubrizol
- 4.6.1 Lubrizol Polyurethanes (PU) Company Information
- 4.6.2 Lubrizol Polyurethanes (PU) Business Overview
- 4.6.3 Lubrizol Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.6.4 Lubrizol Product Portfolio
- 4.6.5 Lubrizol Recent Developments
- 4.7 Recticel
- 4.7.1 Recticel Polyurethanes (PU) Company Information
- 4.7.2 Recticel Polyurethanes (PU) Business Overview
- 4.7.3 Recticel Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.7.4 Recticel Product Portfolio
- 4.7.5 Recticel Recent Developments
- 4.8 LANXESS
- 4.8.1 LANXESS Polyurethanes (PU) Company Information
- 4.8.2 LANXESS Polyurethanes (PU) Business Overview
- 4.8.3 LANXESS Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.8.4 LANXESS Product Portfolio
- 4.8.5 LANXESS Recent Developments
- 4.9 INOAC
- 4.9.1 INOAC Polyurethanes (PU) Company Information
- 4.9.2 INOAC Polyurethanes (PU) Business Overview
- 4.9.3 INOAC Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.9.4 INOAC Product Portfolio
- 4.9.5 INOAC Recent Developments
- 4.10 Tosoh
- 4.10.1 Tosoh Polyurethanes (PU) Company Information
- 4.10.2 Tosoh Polyurethanes (PU) Business Overview
- 4.10.3 Tosoh Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.10.4 Tosoh Product Portfolio
- 4.10.5 Tosoh Recent Developments
- 4.11 Huafon
- 4.11.1 Huafon Polyurethanes (PU) Company Information
- 4.11.2 Huafon Polyurethanes (PU) Business Overview
- 4.11.3 Huafon Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.11.4 Huafon Product Portfolio
- 4.11.5 Huafon Recent Developments
- 4.12 Xuchuan Chemical
- 4.12.1 Xuchuan Chemical Polyurethanes (PU) Company Information
- 4.12.2 Xuchuan Chemical Polyurethanes (PU) Business Overview
- 4.12.3 Xuchuan Chemical Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.12.4 Xuchuan Chemical Product Portfolio
- 4.12.5 Xuchuan Chemical Recent Developments
- 4.13 Zhejiang Hexin Science And Technology
- 4.13.1 Zhejiang Hexin Science And Technology Polyurethanes (PU) Company Information
- 4.13.2 Zhejiang Hexin Science And Technology Polyurethanes (PU) Business Overview
- 4.13.3 Zhejiang Hexin Science And Technology Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.13.4 Zhejiang Hexin Science And Technology Product Portfolio
- 4.13.5 Zhejiang Hexin Science And Technology Recent Developments
- 4.14 Huada Chem
- 4.14.1 Huada Chem Polyurethanes (PU) Company Information
- 4.14.2 Huada Chem Polyurethanes (PU) Business Overview
- 4.14.3 Huada Chem Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.14.4 Huada Chem Product Portfolio
- 4.14.5 Huada Chem Recent Developments
- 4.15 Qingdao Xinyutian Chemical
- 4.15.1 Qingdao Xinyutian Chemical Polyurethanes (PU) Company Information
- 4.15.2 Qingdao Xinyutian Chemical Polyurethanes (PU) Business Overview
- 4.15.3 Qingdao Xinyutian Chemical Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.15.4 Qingdao Xinyutian Chemical Product Portfolio
- 4.15.5 Qingdao Xinyutian Chemical Recent Developments
- 4.16 Shanghai Hongde Polyurethane
- 4.16.1 Shanghai Hongde Polyurethane Polyurethanes (PU) Company Information
- 4.16.2 Shanghai Hongde Polyurethane Polyurethanes (PU) Business Overview
- 4.16.3 Shanghai Hongde Polyurethane Polyurethanes (PU) Production Capacity, Value and Gross Margin (2021-2026)
- 4.16.4 Shanghai Hongde Polyurethane Product Portfolio
- 4.16.5 Shanghai Hongde Polyurethane Recent Developments
5 Global Polyurethanes (PU) Production by Region
- 5.1 Global Polyurethanes (PU) Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Polyurethanes (PU) Production by Region: 2021-2032
- 5.2.1 Global Polyurethanes (PU) Production by Region: 2021-2026
- 5.2.2 Global Polyurethanes (PU) Production Forecast by Region (2027-2032)
- 5.3 Global Polyurethanes (PU) Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Polyurethanes (PU) Production Value by Region: 2021-2032
- 5.4.1 Global Polyurethanes (PU) Production Value by Region: 2021-2026
- 5.4.2 Global Polyurethanes (PU) Production Value Forecast by Region (2027-2032)
- 5.5 Global Polyurethanes (PU) Market Price Analysis by Region (2021-2026)
- 5.6 Global Polyurethanes (PU) Production and Value, YOY Growth
- 5.6.1 North America Polyurethanes (PU) Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Polyurethanes (PU) Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Polyurethanes (PU) Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Polyurethanes (PU) Production Value Estimates and Forecasts (2021-2032)
6 Global Polyurethanes (PU) Consumption by Region
- 6.1 Global Polyurethanes (PU) Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Polyurethanes (PU) Consumption by Region (2021-2032)
- 6.2.1 Global Polyurethanes (PU) Consumption by Region: 2021-2026
- 6.2.2 Global Polyurethanes (PU) Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Polyurethanes (PU) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Polyurethanes (PU) Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Polyurethanes (PU) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Polyurethanes (PU) Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Polyurethanes (PU) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Polyurethanes (PU) Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Polyurethanes (PU) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Polyurethanes (PU) Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Polyurethanes (PU) Production by Type (2021-2032)
- 7.1.1 Global Polyurethanes (PU) Production by Type (2021-2032) & (K t)
- 7.1.2 Global Polyurethanes (PU) Production Market Share by Type (2021-2032)
- 7.2 Global Polyurethanes (PU) Production Value by Type (2021-2032)
- 7.2.1 Global Polyurethanes (PU) Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Polyurethanes (PU) Production Value Market Share by Type (2021-2032)
- 7.3 Global Polyurethanes (PU) Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Polyurethanes (PU) Production by Application (2021-2032)
- 8.1.1 Global Polyurethanes (PU) Production by Application (2021-2032) & (K t)
- 8.1.2 Global Polyurethanes (PU) Production Market Share by Application (2021-2032)
- 8.2 Global Polyurethanes (PU) Production Value by Application (2021-2032)
- 8.2.1 Global Polyurethanes (PU) Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Polyurethanes (PU) Production Value Market Share by Application (2021-2032)
- 8.3 Global Polyurethanes (PU) Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Polyurethanes (PU) Value Chain Analysis
- 9.1.1 Polyurethanes (PU) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Polyurethanes (PU) Production Mode & Process
- 9.2 Polyurethanes (PU) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Polyurethanes (PU) Distributors
- 9.2.3 Polyurethanes (PU) Customers
10 Global Polyurethanes (PU) Analyzing Market Dynamics
- 10.1 Polyurethanes (PU) Industry Trends
- 10.2 Polyurethanes (PU) Industry Drivers
- 10.3 Polyurethanes (PU) Industry Opportunities and Challenges
- 10.4 Polyurethanes (PU) Industry Restraints
11 Report Conclusion
12 Disclaimer
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