Global Polyols And Polyurethane Market is estimated to be valued at USD 18.42 Bn in 2025 and is expected to reach USD 27.7 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.0% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 18.42 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
6.00%
2032 Value Projection:
USD 27.7 Bn
Figure. Polyols And Polyurethane Market Share (%), By Region 2025
Polyols and polyurethane are increasingly being used in various applications like furniture, insulation, automotive, footwear, packaging, and others. Polyurethane is a polymer prepared from polyols and diisocyanates through co-polymerization. Some key polyols used in its production are polyether polyol and polyester polyol. Polyurethane products offer benefits like durability, flexibility, and insulation, which has resulted in their wide usage. The global polyols and polyurethane market is expected to grow moderately, driven by the recovery of end-use industries from the COVID-19 pandemic and rising construction activities worldwide.
During the forecast period, rising demand for organic personal care products in the U.S is predicted to fuel market expansion. Along with expanding the food and beverage as well as healthcare industries, the rising demand for personal care items is anticipated to fuel the regional growth.
Market Dynamics:
Recovery of end-use industries from COVID-19, increasing construction of residential and commercial buildings worldwide, and growth in automotive production are some of the major factors driving the demand for polyols and polyurethane. Moreover, the rising application of polyurethane foams in the thermal insulation of buildings and pipes is also supporting the market growth. However, fluctuating raw material prices due to supply chain disruptions and availability issues are expected to hamper the market during the forecast period. On the positive side, the development of bio-based polyols using renewable resources can provide new opportunities in the coming years.
Key Features of the Study:
This report provides an in-depth analysis of the polyols and polyurethane market and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025 -2032), considering 2024 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the polyols and polyurethane market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include BASF SE, Bayer MaterialScience AG, Chemtura Corporation, COIM, Dow Chemical Company, E.I. du Pont de Nemours & Company (DuPont), Hebei Cangzhou Dahua Group Corporation Ltd., Huntsman Corporation, Kumho Mitsui Chemicals Incorporation, and Mitsui Chemicals Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The polyols and polyurethane market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the polyols and polyurethane market
Detailed Segmentation:
By Type
Polyether Polyols
Polyester Polyols
By Application
Flexible Foam
Rigid Foam
Coatings
Adhesives & Sealants
Elastomers
By Region
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Company Profiles
BASF SE
Bayer MaterialScience AG
Chemtura Corporation
COIM
Dow Chemical Company
E. I. du Pont de Nemours & Company (DuPont)
Hebei Cangzhou Dahua Group Corporation Ltd.
Huntsman Corporation
Kumho Mitsui Chemicals Incorporation
Mitsui Chemicals Inc.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Polyols and Polyurethane Market, By Type
Polyols and Polyurethane Market, By Application
Polyols and Polyurethane Market, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Rise in construction activities
Restraints
Stringent environmental regulations
Opportunities
Development of bio-based and green polyols
Key Highlights
Regulatory Scenario
Recent Trends
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations
4. Polyols and Polyurethane Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Polyols and Polyurethane Market, By Type, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Polyether Polyols
Market Share Analysis, 2021 and 2032 (US$ Bn)
Y-o-Y Growth Analysis, 2021 - 2032(US$ Bn)
Polyester Polyols
Market Share Analysis, 2021 and 2032 (US$ Bn)
Y-o-Y Growth Analysis, 2021 - 2032(US$ Bn)
6. Polyols and Polyurethane Market, By Application, 2020 - 2032 (US$ Bn)
Introduction
Market Share Analysis, 2025, 2028, and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Flexible Foam
Market Share Analysis, 2021 and 2032 (US$ Bn)
Y-o-Y Growth Analysis, 2021 - 2032 (US$ Bn)
Rigid Foam
Market Share Analysis, 2021 and 2032 (US$ Bn)
Y-o-Y Growth Analysis, 2021 - 2032 (US$ Bn)
Coatings
Market Share Analysis, 2021 and 2032 (US$ Bn)
Y-o-Y Growth Analysis, 2021 - 2032 (US$ Bn)
Adhesives & Sealants
Market Share Analysis, 2021 and 2032 (US$ Bn)
Y-o-Y Growth Analysis, 2021 - 2032 (US$ Bn)
Elastomers
Market Share Analysis, 2021 and 2032 (US$ Bn)
Y-o-Y Growth Analysis, 2021 - 2032 (US$ Bn)
7. Polyols and Polyurethane Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By country, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For country, 2021 - 2032
Region Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2021-2032, (US$ Bn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2021-2032, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2021-2032, (US$ Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2021-2032, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Type, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2021-2032, (US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2021-2032, (US$ Bn)