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).

In Q3 2025, North America, the Polyurethane Resin Price Index fell by 2.87% quarter-over-quarter, in Q3 2025, reflecting softer construction demand. Check detailed insights for Europe and APAC.

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.

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 Sep 2025 about stocks, 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.

View monthly updates and historical trends for US Producer Price Index: Urethane and Other Foam Product Manufacturing: Polyurethane Formed & Slab Stock fo…

United States - Producer Price Index by Industry: Urethane and Other Foam Product Manufacturing: All Other Miscellaneous Polyurethane Foam Products was 127.76000 Index Dec 2003=100 in August 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 127.76000 in July of 2025 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 November of 2025.

The report covers North America Polyurethane Market Trends and is segmented by Application (Foams, Coatings, Adhesives, Sealants, and Binders, Elastomers, and Other Applications), End-user Industry (Furniture & Interiors, Building & Construction, Electronics & Appliances, Automotive & Transportation, Packaging, and Other End-user Industries), and Geography (United States, Canada, Mexico, and Rest of North America).

The global market volume of polyurethane amounted to nearly ***** million metric tons in 2022. It is forecast that the global market volume of polyurethane will grow to ***** million tons in the year 2030.

The Polyurethane (PU) Market size is expected to reach a valuation of USD 126.0 billion in 2033 growing at a CAGR of 5.00%. The Polyurethane (PU) Market research report classifies Market by share, trend, demand, forecast and based on segmentation.

Graph and download economic data for Producer Price Index by Industry: Urethane and Other Foam Product Manufacturing: All Other Miscellaneous Polyurethane Foam Products (PCU3261503261506) from Dec 2003 to Sep 2025 about miscellaneous, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

The global polyurethane market size is projected to grow from USD 76.06 billion in 2025 to USD 101.72 billion by 2033, exhibiting a CAGR of 3.7%.
Report Scope:

Polyurethane (Pu) Market will grow from USD 80.89 billion in 2024 to USD 122.77 billion by 2034, showing an impressive CAGR of 4.30%

The global polyurethane market size reached a value of over USD 62.07 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 4.70%, to reach USD 98.25 Billion by 2034.

Polyurethane Market Outlook

According to our latest research, the global polyurethane market size reached USD 82.3 billion in 2024, demonstrating robust demand across diverse industries. The market is projected to expand at a CAGR of 5.4% from 2025 to 2033, reaching a value of approximately USD 131.2 billion by 2033. This steady growth trajectory is primarily driven by the increasing use of polyurethane in construction, automotive, and furniture sectors, coupled with rising demand for energy-efficient materials and innovative end-use applications.

The growth of the polyurethane market is underpinned by the material's remarkable versatility and superior performance characteristics. Polyurethane's adaptability allows it to be engineered into flexible foams, rigid foams, coatings, adhesives, sealants, and elastomers, making it indispensable across a wide range of industries. Its lightweight nature, high durability, and excellent thermal insulation properties make polyurethane a preferred choice in the construction industry for insulation panels, spray foams, and sealants. Additionally, the ongoing trend towards green building initiatives and energy-efficient infrastructure is fueling the adoption of polyurethane-based products, as they contribute to reduced energy consumption and enhanced structural integrity.

Another significant growth driver is the expanding automotive and transportation sector, where polyurethane is extensively used for lightweighting, noise reduction, and comfort enhancement. The push towards electric vehicles and stricter emission regulations are prompting manufacturers to adopt advanced materials like polyurethane to achieve improved fuel efficiency and lower environmental impact. Polyurethane foams are widely utilized in automotive interiors, seating, and headrests, while rigid foams find applications in lightweight structural components. Furthermore, the increasing demand for high-performance adhesives and coatings in automotive assembly is further bolstering market growth. The global shift towards sustainable mobility solutions is expected to create new avenues for polyurethane applications in the coming years.

The rapid urbanization and rising disposable incomes in emerging economies are also playing a pivotal role in the expansion of the polyurethane market. As urban populations grow, there is an escalating demand for modern furniture, high-quality mattresses, and advanced consumer electronics, all of which rely heavily on polyurethane components. The proliferation of e-commerce and the changing lifestyles of consumers are driving the need for innovative packaging solutions and comfortable footwear, further propelling market demand. Moreover, ongoing investments in infrastructure development in Asia Pacific, Latin America, and the Middle East & Africa are expected to sustain the momentum of polyurethane consumption across various end-use industries.

The solvolysis of polyurethanes is emerging as a promising method for recycling and reusing polyurethane materials, which are otherwise challenging to break down. This process involves the chemical breakdown of polyurethane polymers using solvents, resulting in the recovery of valuable raw materials that can be reused in new production cycles. As the demand for sustainable practices grows, solvolysis offers a viable solution for reducing waste and minimizing the environmental impact of polyurethane disposal. By enabling the recovery of polyols and other components, solvolysis not only supports circular economy initiatives but also aligns with the industry's shift towards greener and more sustainable manufacturing processes. This innovative recycling method is gaining traction as companies seek to address the environmental challenges associated with polyurethane waste.

Regionally, the Asia Pacific market continues to dominate the global polyurethane landscape, accounting for the largest share due to rapid industrialization, urban development, and a robust manufacturing sector. North America and Europe follow closely, driven by technological advancements, stringent energy efficiency standards, and a strong focus on sustainable construction practices. The Middle East & Africa and Latin America are also witnessing steady growth, fueled by infrastructure investments and expanding automotive and consumer goods industries. Overall

The Polyurethane Market size was valued at USD 78.07 billion in 2023 and is projected to reach USD 106.24 billion by 2032, exhibiting a CAGR of 4.5 % during the forecasts period.

According to Cognitive Market Research, the global Polyurethane market size is USD 81.0 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 4.5% from 2024 to 2031. Market Dynamics of Polyurethane Market

Key Drivers for Polyurethane Market

Increasing Furniture Foam Demand - The product is primarily employed as a foam in the furniture industry for cushioning and bedding applications. It is the optimal material for the furniture industry because of its durability, flexibility, and ability to offer comfort. The demand for furniture is expanding at a rapid pace worldwide as a result of the evolving lifestyles of individuals and the growing global population. This is expected to stimulate global market expansion. There is a significant demand for the housing sector in the global construction industry. The demand for furniture is being further stimulated. The demand for furniture in the construction industry is anticipated to be supported by the rising business demand for chairs and couches. These factors will serve as catalysts for market expansion.
Flexibility and unique polyurethane qualities are anticipated to drive the Polyurethane market's expansion in the years ahead.

Key Restraints for Polyurethane Market

Environmental concerns and exposure hazards may poses a serious threat to the Polyurethane industry.
The market also faces significant difficulties related to growing demand for acid-epoxy compounds.

Introduction of the Polyurethane Market

The polymer polyurethane (PU or PUR) is composed of polyols and isocyanate linkages that are sequenced in an alternative manner. This substance is produced through the reaction between isocyanate and polyols. There are two versions of it: thermoplastic polymer and thermosetting polymer. Gaskets, elastomers, high-performance adhesives, synthetic fibers, and surface coatings are among the items for which it is frequently employed. It is also anticipated that the market will be positively impacted by the growing adoption of sophisticated production technologies with innovative features. As an illustration, the creation of semi-interpenetrating polymer networks (IPN) through the combination of TPU and PU acrylate oligomers and their subsequent radiation curing. The polymer's extensive array of applications, such as footwear, biomedical, packaging, and transportation, is the primary factor contributing to the market's growth. Bio-based polyurethane coatings have been widely employed in place of petrochemical-based coatings due to their biodegradability, affordability, and reduced environmental impact.

The size of the Polyurethane Catalyst Market market was valued at USD 83.22 Million in 2023 and is projected to reach USD 119.94 Million by 2032, with an expected CAGR of 5.36% during the forecast period. Recent developments include: June 2023: Carpenter Co. acquired the Engineered Foams Division of Recticel NV. This acquisition helped produce the world’s largest vertically incorporated manufacturer of polyurethane foams and specialty polymer products. Moreover, this acquisition is expected to bring innovations in polyurethane foam through the industry’s leading materials, such as Serene Foam and Hybrid TheraGel Memory Foam., July 2022: DIC Corporation acquired a Chinese coating resin manufacturer named Guangdong TOD New Material Co. Ltd. This acquisition supported DIC Corporation in expanding its coating resins capacity for different resins, including acrylic, alkyd, polyester, urethane, and epoxy, in the Asian market.. Key drivers for this market are: Increasing Demand for Lightweight and High-performance Composites from the Automotive Industry, Increasing Demand from the Building and Construction Industry; Increasing Demand from the Bedding, Carpet, and Cushioning Industries. Potential restraints include: Growing Environmental Concerns. Notable trends are: Increasing Demand from the Building and Construction Industry.

The global Polyurethane Resin Market size is expected to reach USD 1168.1 Million in 2032 registering a CAGR of 3.2%. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more.

Graph and download economic data for Producer Price Index by Commodity: Rubber and Plastic Products: Packaging Polyurethane Foam Products (WPU072A01013) from Dec 2009 to Aug 2025 about rubber, plastics, commodities, PPI, inflation, price index, indexes, price, and USA.