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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
North America Polyurethane Market: By Type, By End User, and Country Forecast 2020-2031
North America Polyurethane Market: By Type, By End User, and Country Forecast 2020-2031
North America Polyurethane Market size was valued at US$ 21.7 billion in 2024 and is expected to reach US$ 28.4 billion by 2031, growing at a significant CAGR of 3.9% from 2025-2031. In addition, North America market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed North America market to better equip clients with possible investment opportunities across the countries and market unmet needs (Product Opportunities). Key stakeholders of the North America polyurethane market report include suppliers, manufacturers, marketers, policy makers, and agronomists engaged in North America polyurethane market activities. North America polyurethane market is consolidating as large players complementing each others businesses by means of collaborations and acquisitions.
Development and launch of innovative polyurethane by the market players enables surge in the polyurethane market demand over the forecast years. For instance. In 2018, The Dow Chemical Company launched the new polyurethane which has a wide range of application. Moreover, launch of newer products in various countries enables the growth of polyurethane market over the forecast years. Based on type, the North America polyurethane market is segmented into water based, oil based and synthetic based. Water based segment is expected to dominate the North America polyurethane market due to its low cost price, eco-friendly properties, and requires less chemical treatment.
North America polyurethane market report analyses the market in different countries of North America. Canada accounted for major revenue share in North America polyurethane market due to increased demand from the end users such as construction industry, electronic industry, packaging industry and others.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Market Size in 2024 |
US$ 21.7 billion |
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Market Size in 2031 |
US$ 28.4 billion |
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By Product Type |
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By End user |
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By Country |
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North america polyurethane market size was valued at US$ 21.7 billion in 2024 and is expected to reach US$ 28.4 billion by 2031, growing at a significant CAGR of 3.9%
The market data: North America (United States, Canada)
The key players of the market are BASF SE, The Dow Chemical Company. Covestro, Huntsman Corp.. Eastman Chemical Co.. Mitsui Chemical Corp. Woodbridge Foam Corp. RTP Company & Lubrizol Corp. LANXESS, Pestorp, Manali Petrochemicals Ltd., Wahua Chemical Group Co., Ltd.
| 1.Executive Summary |
| 2. North America Polyurethane Market Introduction |
| 2.1. North America Polyurethane Market - Taxonomy |
| 2.2. North America Polyurethane Market - Definitions |
| 2.2.1.Product Type |
| 2.2.2. End user |
| 2.2.3.Country |
| 3. North America Polyurethane Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. North America Polyurethane Market Analysis, 2020 - 2024 and Forecast 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. North America Polyurethane Market By Product Type, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 5.1. Rigid Foam |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Flexible Foam |
| 5.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Coatings |
| 5.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Adhesives and Sealants |
| 5.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Elastomers |
| 5.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. North America Polyurethane Market By End user, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 6.1. Furniture and Interiors |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Construction |
| 6.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Electronics and Appliances |
| 6.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Automotive |
| 6.4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Footwear |
| 6.5.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Packaging |
| 6.6.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. North America Polyurethane Market By Country, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. United States of America (USA) |
| 7.2.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Canada |
| 7.3.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Competition Landscape |
| 8.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 8.2.1.BASF SE |
| 8.2.2.The Dow Chemical Company |
| 8.2.3.Covestro, Huntsman Corp. |
| 8.2.4.Eastman Chemical Co. |
| 8.2.5.Mitsui Chemical Corp. |
| 8.2.6.Woodbridge Foam Corp. |
| 8.2.7.RTP Company & Lubrizol Corp. |
| 8.2.8.LANXESS |
| 8.2.9.Pestorp |
| 8.2.10.Manali Petrochemicals Ltd. |
| 8.2.11.Wahua Chemical Group Co., Ltd. |
| 9. Research Methodology |
| 10. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.