Top Companies in Polyurethane Market
This report lists the top Polyurethane companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Polyurethane industry.
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BASF SE
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Covestro AG
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Huntsman International LLC
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Wanhua
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DOW
*Disclaimer: Top companies sorted in no particular order
Polyurethane Market Concentration
Polyurethane Company List
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Drivers
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4.1.1 Increasing Demand for Lightweight and High-performance Composites from the Automotive Industry
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4.1.2 Increasing Demand from the Building and Construction Industry
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4.1.3 Increasing Demand from the Bedding, Carpet, and Cushioning Industries
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4.2 Restraints
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4.2.1 Growing Environmental Concerns
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4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Buyers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products and Services
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4.4.5 Degree of Competition
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5. MARKET SEGMENTATION (Market Size in Value)
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5.1 Type
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5.1.1 Rigid Foam
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5.1.2 Flexible Foam
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5.1.3 Coatings, Adhesives, Sealants, and Elastomers (CASE)
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5.1.4 Thermoplastic Polyurethane
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5.1.5 Other Types
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5.2 End-user Industry
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5.2.1 Furniture
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5.2.2 Building and Construction
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5.2.3 Electronics and Appliances
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5.2.4 Automotive
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5.2.5 Footwear
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5.2.6 Packaging
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5.2.7 Other End-user Industries
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5.3 Geography
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5.3.1 Asia-Pacific
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5.3.1.1 China
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5.3.1.2 India
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5.3.1.3 Japan
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5.3.1.4 South Korea
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5.3.1.5 Rest of Asia-Pacific
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5.3.2 North America
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5.3.2.1 United States
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5.3.2.2 Canada
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5.3.2.3 Mexico
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5.3.3 Europe
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5.3.3.1 Germany
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5.3.3.2 United Kingdom
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5.3.3.3 Italy
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5.3.3.4 France
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5.3.3.5 Russia
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5.3.3.6 Rest of Europe
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5.3.4 South America
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5.3.4.1 Brazil
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5.3.4.2 Argentina
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5.3.4.3 Rest of South America
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5.3.5 Middle East and Africa
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5.3.5.1 Saudi Arabia
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5.3.5.2 South Africa
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5.3.5.3 Rest of Middle East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Market Ranking Analysis
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6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
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6.4.1 BASF SE
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6.4.2 BCI Holding SA
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6.4.3 Carpenter Co.
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6.4.4 Covestro AG
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6.4.5 DIC Corporation
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6.4.6 Dow
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6.4.7 Huntsman International LLC
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6.4.8 INOAC Corporation
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6.4.9 Kuwait Polyurethane Industries WLL
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6.4.10 LANXESS
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6.4.11 Mitsui Chemicals Inc.
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6.4.12 Rogers Corporation
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6.4.13 Sheela Foam Limited
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6.4.14 Tosoh Corporation
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6.4.15 Wanhua
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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7.1 Increasing Demand for Bio-based Polyurethane
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Specific to Polyurethane Market
Competitive Landscape Report Includes
Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.
Polyurethane Market Companies Summary
The polyurethane market is consolidated with fierce rivalry among leading entities. These dominant businesses are primarily engaged in the production and supply of polyurethane, a material extensively utilized in various industries including automotive, building and construction, and bedding, carpet, and cushioning industries. The market has experienced significant disruption due to the COVID-19 pandemic, which led to project stoppages, movement restrictions, and production halts. However, the sector has seen substantial recovery in 2021 due to increased demand from multiple end-use applications. Despite the environmental concerns that pose a potential restraint to the industry's growth, the increasing demand for bio-based polyurethane presents promising opportunities for the market. In particular, the Asia-Pacific region is projected to dominate the market, driven by escalating construction activities and rapid urbanization. The building and construction industry is the largest consumer of rigid and sprayed polyurethane foam, due to its energy efficiency, high performance, versatility, and environmentally friendly nature. The demand for polyurethane from this sector is expected to grow over the forecast period.
Explore MorePolyurethane Companies - Table of Contents
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1. COMPETITIVE LANDSCAPE
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1.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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1.2 Market Ranking Analysis
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1.3 Strategies Adopted by Leading Players
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1.4 Company Profiles
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1.4.1 BASF SE
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1.4.2 BCI Holding SA
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1.4.3 Carpenter Co.
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1.4.4 Covestro AG
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1.4.5 DIC Corporation
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1.4.6 Dow
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1.4.7 Huntsman International LLC
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1.4.8 INOAC Corporation
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1.4.9 Kuwait Polyurethane Industries WLL
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1.4.10 LANXESS
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1.4.11 Mitsui Chemicals Inc.
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1.4.12 Rogers Corporation
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1.4.13 Sheela Foam Limited
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1.4.14 Tosoh Corporation
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1.4.15 Wanhua
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- *List Not Exhaustive
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Polyurethane Companies FAQs
Who are the key players in Polyurethane Market?
BASF SE, Covestro AG, Huntsman International LLC, Wanhua and DOW are the major companies operating in the Polyurethane Market.