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Polyurethane Resin Market Report
The Polyurethane Resin Market is Segmented by End-Use Industry Type (Transportation, Construction, and Others), by Application Type (Door, Load Floor, Cross Arm, Manhole Cover, Sunshade, Door Panels, Side Panel, Utility Pole, Wind Turbine Blade, Window Frame, and Others), by Manufacturing Process Type...
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues has gone down in 2020 and may resume an uptrend gradually form 2021. Companies optimizing their operation and statergy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Polyurethane Resin market is likely to witness an impressive CAGR of 6.2% during the forecast period. The impelling force for the growth of the market is the properties of PU resin having short cycle time, high toughness, and flexibility in comparison to other composites based on vinyl ester and unsaturated polyester resin.
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Polyurethane Resin Market - Snapshot |
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Growth |
6.2 % for the next five years |
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Major Manufacturing Process Type |
Pultursion |
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Dominant End-Use Industry Type |
Transportation |
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Region with the highest demand |
North America |
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Key Players |
Covestro AG, BASF SE, Henkel AG, Koninklijke DSM N.V., Dow Polyurethane, Huntsman Corporation, DuPont, Wanhua Chemical Group Co., Shanghai Dongda Polyurethane, Qingdao Xinyutian Chemical. |
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Based on the end-use industry type, the market is segmented as transportation, construction and others. The transportation segment is expected to govern the market owing to the increase in use of lightweight material to increase fuel efficiency and reduce carbon emissions.
Based on the manufacturing process type, the polyurethane resin market is segmented as pultursion, reaction injection molding, injection molding, resin transfer molding, filament winding, and spray up process. The pultursion process dominates the market, as there is an increasing demand for pultruded products in construction applications, such as window frame, cladding panels and shipping pallets.
In terms of regions, North America is estimated to be the largest as well as the fastest-growing market for polyurethane resin during the forecast period, with China, Japan, Australia, and New Zealand being the major countries with lucrative growth opportunities. The growth of the region’s market is driven by the growth of various end-use industries, such as transportation and construction, which is generating huge demand for PU resins and the presence of a large number of polyurethane resin manufacturers in the region. Asia-Pacific and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Polyurethane (PUR and PU) is a polymer composed of organic units joined by carbamate (urethane) links posing unique properties such as short cycle time, high toughness, and flexibility.
Polyurethane resins are manufactured by using various processes such as pultursion, reaction injection molding, injection molding, resin transfer molding, filament winding, and spray up process and are used in various end-use industries, such as transportation, construction, and others.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Polyurethane Resin Market Research Report - Features |
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The polyurethane resin market is segmented into the following categories.
Polyurethane Resin Market Size, Share, & Forecast, by End-Use Industry Type:
Polyurethane Resin Market Size, Share, & Forecast, by Application Type:
Polyurethane Resin Market Size, Share, & Forecast, by Manufacturing Process Type:
Polyurethane Resin Market Size, Share, & Forecast, by Region:
Some of the major polyurethane resin manufacturers are-
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
The polyurethane resin market is expected to witness an impressive growth of 6.2% CAGR in the foreseeable future.
Covestro AG, BASF SE, Henkel AG, Koninklijke DSM N.V., Dow Polyurethane, Huntsman Corporation, DuPont, Wanhua Chemical Group Co., Shanghai Dongda Polyurethane, and Qingdao Xinyutian Chemical are among the key players in the Polyurethane resin market.
North America is expected to remain the largest polyurethane resin market during the forecast period of 2021-26.
The transportation segment is expected to govern the polyurethane resin market in the coming five years.
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