Why did the Polyurethane (PU) Resin Price Change in July 2025? The Polyurethane Resin spot price in North America declined by 8.47% quarter-over-quarter in Q2 2025, reflected in a softer Price Index.

The polyurethane (PU) resin prices in the United States for Q3 2024 reached 1865 USD/MT in September. The market faced price increases due to supply issues with MDI and TDI feedstock and higher transportation costs from weather disruptions. While there were no major plant shutdowns, reduced production was anticipated.

In Q4 2023, polyurethane hits 1885 USD/MT in the US up to December, the prices of Polyurethane Resin fell slightly by around 1.5% before rising by 2%, mainly due to prices of feedstock namely; Methylene Diphenyl Diisocyanate and Toluene Diisocyanate.

Explore IMARC’s newly published report, titled Polyurethane Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data, offers an in-depth analysis of polyurethane pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Graph and download economic data for Producer Price Index by Industry: Urethane and Other Foam Product Manufacturing: Polyurethane Foam Formed and Slab Stock for Pillows, Seating, and Cushioning (PCU32615032615041) from Dec 2005 to Jun 2025 about stocks, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Get the latest insights on price movement and trend analysis of Polyurethane in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

During Q1 2025, U.S. Polyurethane Resin prices rose by approximately 6%, driven by tight supplies, logistics issues, and rising feedstock costs. In January, prices increased due to a 1% rise in TDI prices and cold weather disruptions impacting logistics. U.S. producers maintained firm pricing, while downstream demand from construction remained moderate. Trade uncertainties and a potential strike also added to market tensions.

United States - Producer Price Index by Industry: Urethane and Other Foam Product Manufacturing: All Other Miscellaneous Polyurethane Foam Products was 122.08000 Index Dec 2003=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Urethane and Other Foam Product Manufacturing: All Other Miscellaneous Polyurethane Foam Products reached a record high of 123.00900 in May of 2024 and a record low of 98.80000 in September of 2018. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Urethane and Other Foam Product Manufacturing: All Other Miscellaneous Polyurethane Foam Products - last updated from the United States Federal Reserve on July of 2025.

For the fourth year in a row, China recorded growth in overseas shipments of polyurethanes in primary forms, which increased by 10% to 379K tons in 2023.

Graph and download economic data for Producer Price Index by Industry: Urethane and Other Foam Product Manufacturing: Primary Products (PCU326150326150P) from Dec 2003 to Jun 2025 about primary, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The market value of polyurethane amounted to roughly ***** billion U.S. dollars in 2022. It is forecast that the global polyurethane market will be worth some ***** billion U.S. dollars in the year 2030.

The Global Polyurethane Resin Market revenues were estimated to be USD $829.1 Million in 2022 and it is expected to reach USD $916.1 Million by 2030, Rising at a CAGR of 3.2% during the forecast period of 2023-2030. Market Dynamics of the Polyurethane Resin Market

Increasing Demand from Various End-Use Industries drives the Market

The automotive industry is a significant consumer of polyurethane resin. Polyurethane is used in various automotive components, such as interior trim, seating, dashboard, door panels, and bumpers. The lightweight, durable, and energy-absorbing properties of polyurethane make it an ideal choice for improving fuel efficiency, safety, and comfort in automobiles. The construction industry is a major consumer of polyurethane resin, particularly in the form of insulation materials. Polyurethane foam insulation is widely used in residential and commercial buildings for thermal insulation, air sealing, and moisture resistance. The demand for energy-efficient buildings and sustainable construction practices has driven the use of polyurethane insulation materials. Polyurethane foam is extensively used in the furniture and bedding industry due to its comfort, durability, and versatility. Polyurethane foam is used in mattresses, sofas, cushions, and upholstery, providing support and comfort to consumers. The growing demand for comfortable and stylish furniture has led to an increased use of polyurethane resin in this industry. Polyurethane resin is used in the electronics and appliances industry for various applications, including encapsulation of electronic components, insulation of wires and cables, and potting of electrical devices. The excellent electrical insulation properties and protection against moisture and chemicals make polyurethane resin suitable for electronic applications. Polyurethane resin is widely used in the footwear industry for the production of shoe soles and uppers. Polyurethane soles offer excellent cushioning, flexibility, and durability, making them popular in athletic shoes, casual footwear, and safety shoes. The footwear industry's demand for lightweight, comfortable, and long-lasting materials has driven the use of polyurethane resin. Polyurethane resin is used in the coatings and adhesives industry due to its excellent adhesion, chemical resistance, and durability. Polyurethane coatings are applied to surfaces for protection against corrosion, weathering, and abrasion. Polyurethane adhesives are used for bonding various substrates in industries such as automotive, construction, and packaging. Polyurethane foam is used in the packaging industry for cushioning and protecting fragile goods during transportation. Polyurethane foam offers excellent shock absorption and impact resistance, ensuring the safe delivery of sensitive and delicate products. The growth of these end-use industries, driven by factors such as population growth, urbanization, infrastructure development, consumer preferences, and technological advancements, contributes to the increasing demand for polyurethane resin globally.

Restraining Factor:

Fluctuating Raw Material Prices is a significant restraint to the market. 

One of the significant restraints on the global polyurethane resin market is the volatility in raw material prices. The prices of key raw materials used in polyurethane resin production, such as isocyanates (MDI, TDI) and polyols, can be subject to fluctuations due to various factors, including supply-demand dynamics, geopolitical events, natural disasters, and market speculation. Fluctuating raw material prices directly affect the cost of production for polyurethane resin manufacturers. When prices of raw materials increase, it can lead to higher production costs, which may be difficult to pass on entirely to customers. This can squeeze profit margins and potentially impact the competitiveness of polyurethane resin in the market. Volatile raw material prices can make it challenging for manufacturers to stabilize their pricing strategies. Rapid price changes in raw materials make it difficult to set consistent and predictable prices for polyurethane resin products. This can create uncertainties for both manufacturers and buyers, impacting business planning and decision-making. Significant price fluctuations in raw materials can disrupt the entire supply chain of polyurethane resin. Manufacturers may face challenges in securing a relia...

In 2023, after three years of growth, there was significant decline in supplies from abroad of polyurethanes in primary forms, when their volume decreased by -6.4% to 132K tons.

This statistic shows the monthly import price of polyurethane (PU) in the United States from January 2017 to December 2017. In December 2017, the U.S. import price of PU was 4,725 U.S. dollars per ton.

This statistic shows the monthly export price of polyurethane (PU) in the United States from ************ to *************. In *************, the U.S. export price of PU was ***** U.S. dollars per ton.

In 2023, purchases abroad of polyurethanes in primary forms decreased by -9.1% to 3.9K tons, falling for the second consecutive year after two years of growth.

Graph and download economic data for Producer Price Index by Commodity: Rubber and Plastic Products: Consumer and Institutional Polyurethane Foam Products (WPU072B01013) from Dec 2007 to Jun 2025 about rubber, plastics, production, consumer, commodities, PPI, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Rubber and Plastic Products: Packaging Polyurethane Foam Products was 200.24000 Index Dec 2009=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Rubber and Plastic Products: Packaging Polyurethane Foam Products reached a record high of 200.24000 in January of 2025 and a record low of 100.00000 in January of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Rubber and Plastic Products: Packaging Polyurethane Foam Products - last updated from the United States Federal Reserve on August of 2025.

In August 2022, the polyurethanes price per ton amounted to $6,278, picking up by 3.7% against the previous month.

The polyurethane market size is predicted to rise from $85.2 billion in 2024 to $136.2 billion by 2035, growing at a CAGR of 4.35% from 2024 to 2035.

The global polyurethane market was valued at USD 76.3 billion in 2023 and is projected to grow with a CAGR of 4.8% to reach USD 118.8 billion by 2032.