Saudi Arabia Polyurethane Market Size & Outlook, 2024-2030
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Saudi Arabia polyurethane market highlights
- The Saudi Arabia polyurethane market generated a revenue of USD 487.6 million in 2024 and is expected to reach USD 765.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.8% from 2025 to 2030.
- In terms of segment, methylene diphenyl di-isocyanate was the largest revenue generating raw material in 2024.
- Polyols is the most lucrative raw material segment registering the fastest growth during the forecast period.
Polyurethane market data book summary
| Market revenue in 2024 | USD 487.6 million |
| Market revenue in 2030 | USD 765.0 million |
| Growth rate | 7.8% (CAGR from 2025 to 2030) |
| Largest segment | Methylene diphenyl di-isocyanate |
| Fastest growing segment | Polyols |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Toluene Di-isocyanate, Methylene Diphenyl Di-isocyanate, Polyols |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.6% of the global polyurethane market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia polyurethane market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 765.0 million by 2030.
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Polyurethane Market Scope
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 |
Saudi Arabia 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 34.97% in 2024. Horizon Databook has segmented the Saudi Arabia polyurethane market based on toluene di-isocyanate, methylene diphenyl di-isocyanate, polyols covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is one of the fastest-growing real estate and construction markets among all Gulf countries, which has increased the demand for plastic polymers for applications such as tapes and adhesives, roofing, flooring, and others.
Since polyurethane provides higher insulation along with versatility and durability, it is frequently being used in construction and building applications. For instance, flexible foam padding is used for carpets and polyurethane foam is used in roofing to reflect sunlight and heat away, helping the house stay cool and reduce energy consumption.
In addition, growing healthcare and medical industries have increased the demand for polyurethane due to its cost-effectiveness, higher longevity, and toughness for the manufacturing of medical devices including catheters & general-purpose tubing, surgical drapes, hospital bedding, wound dressing, and various injection-molded devices.
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Target buyers of Saudi Arabia polyurethane market databook
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia polyurethane market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia polyurethane market size, by raw material, 2018-2030 (US$M)
Saudi Arabia Polyurethane Market Outlook Share, 2024 & 2030 (US$M)
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