Revenue, 2022 (US$M)
$14,642.4
Forecast, 2030 (US$M)
$20,003.4
CAGR, 2023 - 2030
4%
Report Coverage
China

China polyurethane market highlights

  • The China polyurethane market generated a revenue of USD 14,642.4 million in 2022 and is expected to reach USD 20,003.4 million by 2030.
  • The China market is expected to grow at a CAGR of 4% from 2023 to 2030.
  • In terms of segment, other end uses was the largest revenue generating end use in 2022.
  • ELECTRICAL & ELECTRONICS is the most lucrative end use segment registering the fastest growth during the forecast period.


Polyurethane market data book summary

Market revenue in 2022USD 14,642.4 million
Market revenue in 2030USD 20,003.4 million
Growth rate4% (CAGR from 2022 to 2030)
Largest segmentOther end uses
Fastest growing segmentELECTRICAL & ELECTRONICS
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES


Other key industry trends

  • In terms of revenue, China accounted for 14.2% of the global polyurethane market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China polyurethane market is projected to lead the regional market in terms of revenue in 2030.
  • Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 926.2 million by 2030.

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Polyurethane Market Companies

Name Profile # Employees HQ Website

China 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.


Other end uses was the largest segment with a revenue share of 33.84% in 2022. Horizon Databook has segmented the China polyurethane market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.


Despite the current slowdown in the Chinese economy and its lackluster performance in 2021, the country is still a lucrative market for investments as compared to Western economies. Constant infrastructural investments are expected to sustain economic growth and the automotive, aerospace, and construction sector are expected to benefit from reforms.

However, these prospects are not long term and growth is likely to remain slow in the industrial sector, which is likely to impact PU consumption over the forecast period. China’s construction market is likely to outperform other Southeast Asian countries, owing to government initiatives and funding to retain its development.

Reasons to subscribe to China polyurethane market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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Target buyers of China 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the China polyurethane market , including forecasts for subscribers. This country databook contains high-level insights into China polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China polyurethane market size, by end use, 2018-2030 (US$M)

China Polyurethane Market Outlook Share, 2022 & 2030 (US$M)

China polyurethane market size, by end use, 2018-2030 (US$M)

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