Global Polyurethane Market Size & Outlook, 2024-2030

The global polyurethane market size was estimated at USD 75,525.9 million in 2024 and is projected to reach USD 119,996.4 million by 2030, growing at a CAGR of 8% from 2025 to 2030.
Revenue, 2024 (US$M)
$75,525.9
Forecast, 2030 (US$M)
$119,996.4
CAGR, 2025 - 2030
8%
Report Coverage
Worldwide

Global polyurethane market highlights

  • The global polyurethane market generated a revenue of USD 75,525.9 million in 2024 and is expected to reach USD 119,996.4 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 8% by 2030.
  • In terms of segment, methylene diphenyl di-isocyanate accounted for a revenue of USD 26,403.8 million in 2024.
  • Polyols is the most lucrative raw material segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 75,525.9 million
Market revenue in 2030USD 119,996.4 million
Growth rate8% (CAGR from 2025 to 2030)
Largest segmentMethylene diphenyl di-isocyanate
Fastest growing segmentPolyols
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationToluene Di-isocyanate, Methylene Diphenyl Di-isocyanate, Polyols

Other key industry trends

  • In terms of revenue, the North America accounted for 20.9% of the global polyurethane market in 2024.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 9,002.4 million by 2030.

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Polyurethane Market Companies

Name Profile # Employees HQ Website
RTP Company View profile 1001-5000 Winona, Minnesota, United States, North America http://rtpcompany.com
Mitsui & Co Ltd View profile 55874 1-3, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8631 https://www.mitsui.com
Tosoh Corp View profile 14266 3-8-2 Shiba, Minata-ku, Tokyo, Japan, 105-8623 http://www.tosoh.com
Woodbridge View profile 5001-10000 Mississauga, Ontario, Canada, North America https://www.woodbridgegroup.com
DIC Corp View profile 22255 DIC Building, 7-20, Nihonbashi 3-chome, Chuo-ku, Tokyo, Japan, 103-8233 http://www.dic-global.com/en/index.html
Mitsubishi Chemical Group Corp View profile 74632 1-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8251 https://www.mcgc.com
The Lubrizol Corp View profile 5001-10000 Wickliffe, Ohio, United States, North America http://www.lubrizol.com/
Eastman Chemical Co View profile 14000 200 South Wilcox Drive, Kingsport, TN, United States, 37662 https://www.eastman.com
Covestro AG View profile 17520 Kaiser-Wilhelm-Allee 60, Leverkusen, NW, Germany, 51373 https://www.covestro.com/en
Huntsman Corp View profile 6000 10003 Woodloch Forest Drive, The Woodlands, TX, United States, 77380 https://www.huntsman.com
Dow Inc View profile 35900 2211 H.H. Dow Way, Midland, MI, United States, 48674 https://www.dow.com
Basf SE View profile 111855 Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 https://www.basf.com

Global polyurethane market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyurethane market will help companies and investors design strategic landscapes.


Methylene diphenyl di-isocyanate was the largest segment with a revenue share of 34.96% in 2024. Horizon Databook has segmented the Global polyurethane market based on toluene di-isocyanate, methylene diphenyl di-isocyanate, polyols covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Polyurethane Raw Material Outlook (Revenue, USD Million, 2018-2030)
    • Toluene Di-isocyanate
    • Methylene Diphenyl Di-isocyanate
    • Polyols
    • Others
  • Global Polyurethane Product Outlook (Revenue, USD Million, 2018-2030)
    • Rigid Foam
    • Flexible Foam
    • Coatings
    • Adhesives & Sealants
    • Elastomers
    • Others
  • Global Polyurethane End Use Outlook (Revenue, USD Million, 2018-2030)
    • Furniture and Interiors
    • Construction
    • Electronics & Appliances
    • Automotive
    • Footwear
    • Packaging
    • Others ( Industrial insulation, CASE and so on)

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Target buyers of Global polyurethane market databook

  • Our clientele includes a mix of polyurethane market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global polyurethane market , including forecasts for subscribers. This global databook contains high-level insights into Global polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global polyurethane market size, by regions, 2018-2030 (US$M)

Top 10 countries: Polyurethane market size, 2024 (US$M)

Global polyurethane market share, by raw material, 2024 & 2030 (%, US$M)

Polyurethane market: Opportunity assessment by country

Global polyurethane market, by region, 2024 (US$M)

Global polyurethane market size, by regions, 2018-2030 (US$M)

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