Polyurethane (PU) Resin Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Application, Sales Channel, Region, Competition, Trade, Market Analysis, 2015-2030

Format: Online | Last Updated: Apr 2020

[Online Quarterly Update] Global Polyurethane Resin market registered a strong demand for the product during 2015-2019 and is expected to grow at a healthy CAGR of around 6.0% during the forecast period. Demand for polyurethane resin is increasing rapidly owing to its variable nature and distinctive properties. These resins are used in almost all end segment industries including construction, medical, packaging, furnishing, automotive textile to paints & coatings.
Polyurethane Resin is widely utilized in wood composites owing to its high compatibility to the substance. PUR based wood composite is used all over the world to make cabinets, home furniture and decorative fencing. Polyurethane Resin are co-polymer produced when polyols (more than 2 hydroxyl group) react with an isocyanate (dual or polymeric) in presence of appropriate additive and catalyst. Since it is a plastic resin and thus is commonly used to coat the surfaces. Properties like flexibility, excellent softness and easy to clean have made this material a better choice for furniture sector. PUR is used as an insulation material in construction sector, because of being nontoxic and chemically inert.
PUR has countless applications as it is available in different forms. It is used in automotive industries to fabricate the exterior as well as interior parts of the automobiles. PUR coatings are used in automobile’s exteriors to provide high gloss, durability, scratch resistance and corrosion resistance. It is also used to maximize the shock absorption or a car’s bumpers and spoilers, also keep it light weight. North America is expected to remain the largest market during the forecasted period, owing to growth of end use industries like transportation and construction.
Years Considered for this Report:
Historical Years: 2013 – 2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021 – 2030
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Objective of the Study:
•        The primary objective of the study was to evaluate and forecast Polyurethane (PU) Resin capacity, production,
          demand, inventory, and demand – supply gap globally. 
•        To categorize Global Polyurethane (PU) Resin demand based on end use, region and sales channel.
•        To study trade dynamics and company share in Polyurethane (PU) Resin market globally.
•        To identify major customers of Polyurethane (PU) Resin globally.
•        To evaluate and forecast Polyurethane (PU) Resin pricing in Global Polyurethane (PU) Resin market.
•        To identify and profile major companies operating in Global Polyurethane (PU) Resin market.
•        To identify major news, deals and expansion plans in Global Polyurethane (PU) Resin market.
The Industrial Polyurethane Resin market was valued at XX Million US$ in 2019 and is projected to reach XX Million Us$ by 2030, at a CAGR of XX% during the forecast period. In this study, 2019 has been considered as the base year and 2020 to 2030 as the forecast period to estimate the market size for Industrial Polyurethane Resin. Global Industrial Polyurethane Resin industry market professional research 2015-2030, is a report which provides the details about industry overview, industry chain, market size gross margin, major manufacturers, development trends and forecast.
The Dow Chemical Company, BASF SE, Covestro A.G.; Huntsman Corp., Eastman Chemical Co., Mitsui Chemicals Inc, Recticel S.A., RTP Company Inc., Lubrizol Corp., Rampf Holding GmbH & Co. KG.
To extract data for Global Polyurethane Resin market, primary research surveys were conducted with Polyurethane Resin manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various end user segments and projected a positive outlook for Global Polyurethane Resin market over the coming years.
ChemAnalyst calculated Polyurethane Resin global demand by analyzing the historical data and demand forecast was carried out considering crude oil prices. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
•      Polyurethane (PU) Resin manufacturers, suppliers, and other stakeholders
•      Organizations, forums, and alliances related to Polyurethane (PU) Resin distribution
•      Government bodies such as regulating authorities and policy makers
•      Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as Polyurethane Resin manufacturers, distributors and policy makers. The report also provides useful insights about which market segments should be targeted over the coming years to strategize investments and capitalize on growth opportunities.
Report Scope:
In this report, the Global Polyurethane Resin market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
 Market, by Type
Water-based PU Resin, Solvent-based PU Resin, Others
 Market, by End Use
Paints & Coatings, Automobile, Pharmaceutical, Others
 Market, by Application
Furniture, Appliances, Automotive fuel, Footwear, Packaging, Others
 Market, by Sales Channel
Direct/Institutional Sales, Retail Sales, Other Channel Sales
 Market, by Region
North America, APAC, Europe, MEA, South America
Market, by Region
 North America
United States, Mexico, Canada
China, India, Japan, South Korea, Singapore, Indonesia, Thailand
Germany, Russia, France, United Kingdom, Spain, Italy
Saudi Arabia, UAE, South Africa
 South America
Brazil, Argentina, Chile

Competitive Landscape:
ChemAnalyst offers detailed analysis of major players including basic company details, Segmental/product information, financial performance, growth strategies, expansion plans, SWOT analysis etc.to give a comprehensive and meaningful insights on Global Polyurethane (PU) market.
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you can’t find what, you are looking for then please get in touch with our custom research

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