Europe Polyurethane Market Size & Outlook, 2022-2030
Europe polyurethane market, 2018-2030 (US$M)
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Europe polyurethane market highlights
- The Europe polyurethane market generated a revenue of USD 28,222.6 million in 2022.
- The market is expected to grow at a CAGR of 3% 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.
- Country-wise, Switzerland is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 28,222.6 million |
| Market revenue in 2030 | USD 35,768.1 million |
| Growth rate | 3% (CAGR from 2022 to 2030) |
| Largest segment | Other end uses |
| Fastest growing segment | ELECTRICAL & ELECTRONICS |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.3% of the global polyurethane market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 65,783.4 million by 2030.
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Polyurethane Market Scope
Polyurethane Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 35.55% in 2022. Horizon Databook has segmented the Europe 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.
The European polyurethane market is primarily driven by the rising demand for lightweight materials in automotive and construction industries. Growing construction sector coupled with the favorable measures (such as tax breaks, incentives, and subsidies) undertaken by several governments is expected to boost the growth of construction sector in the region.
In recent years, the demand for polyurethane from green building design applications in the European market has witnessed a significant increase owing to its excellent environmental advantages that can provide improved indoor environmental quality, maximize energy efficiency, and enhance durability.
Government support toward green building construction in various countries including the UK, Germany, the Netherlands, Poland, Hungary, Sweden, and Ireland is expected to propel product demand over the forecast period.
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Our clientele includes a mix of polyurethane market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 continent-level data and insights on the Europe polyurethane market , including forecasts for subscribers. This continent databook contains high-level insights into Europe polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe polyurethane market size, by country, 2018-2030 (US$M)
Europe Polyurethane Market Outlook Share, 2022 & 2030 (US$M)
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