Polyurethane Resin Market Analysis | 2021-2026

Polyurethane Resin Market Analysis | 2021-2026

Polyurethane Resin Market Analysis | 2021-2026
Report code - SRAM633 Delivery - 2 Weeks
Polyurethane Resin Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis & See more...

Market Insights

"The Polyurethane Resin Market is expected to register a significant CAGR of 6.2% during the forecast period".

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Market Dynamics

Introduction

Polyurethane resin is a type of synthetic resin derived from the reaction between polyols and isocyanates. It belongs to the broader category of polymers known as polyurethanes. These resins are versatile and widely used in various applications due to their excellent mechanical properties, durability, and resistance to abrasion, chemicals, and weathering.

Market Dynamics

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. 

Segment Analysis

By End-Use Industry Type

"Transportation segment is expected to govern the market during the forecast period"

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 the use of lightweight materials to increase fuel efficiency and reduce carbon emissions.  

By Manufacturing Process Type

"Pultursion process dominates the market during the forecast period"

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 frames, cladding panels, and shipping pallets. 

Regional Analysis

"North America is estimated to be the largest as well as the fastest-growing market during the forecast period"

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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Key Players

The following are the key players in the polyurethane resin market (arranged alphabetically)

  • BASF SE
  • Covestro AG
  • DuPont
  • Dow Polyurethane
  • Henkel AG
  • Huntsman Corporation
  • Koninklijke DSM N.V.
  • Qingdao Xinyutian Chemical
  • Shanghai Dongda Polyurethane
  • Wanhua Chemical Group Co.

Note: The above list does not necessarily include all the top players in the market.

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Report Features

This report provides intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the dynamics and will enable strategic decision-making for the existing players as well as those willing to enter the global market.

What Deliverables Will You Get in this Report?

Key questions this report answers

Relevant contents in the report

How big is the sales opportunity?

In-depth Analysis of the Polyurethane Resin Market 

How lucrative is the future?

Market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional, and country-level historical data and forecasts

Which are the most attractive market segments?

Market Segment Analysis and Forecast

What are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirements?

10% free customization

Segmentation

This report studies the market covering 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.

The polyurethane resin market is segmented into the following categories. 

By End-Use Industry Type:

  • Transportation 
  • Construction 
  • Others 

By Application Type:

  • Door 
  • Load Floor 
  • Cross Arm 
  • Manhole Cover 
  • Sunshade 
  • Door Panels
  • Side Panel
  • Utility Pole 
  • Wind Turbine Blade 
  • Window Blade 
  • Others 

By Manufacturing Process Type:

  • Pultursion 
  • Reaction Injection Molding 
  • Injection Molding 
  • Resin Transfer Molding
  • Filament Winding 
  • Spray up Process 

By Region:

  • North America (Country Analysis: the USA, Canada, and Mexico) 
  • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
  • Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
  • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of a 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 books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the lithium-ion battery market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to 3 players)
  • SWOT analysis of key players (up to 3 players)

Market Segmentation

  • Current market segmentation of any one of the application types by end-use industry type.  

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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 sales@stratviewresearch.com

Frequently Asked Questions (FAQs)

Polyurethane resin is a type of synthetic resin derived from the reaction between polyols and isocyanates. It belongs to the broader category of polymers known as polyurethanes. These resins are versatile and widely used in various applications due to their excellent mechanical properties, durability, and resistance to abrasion, chemicals, and weathering.

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.

The transportation segment is expected to govern the polyurethane resin market in the coming five years.

North America is expected to remain the largest polyurethane resin market during the forecast period of 2021-26.