Polyurethane (PU) Resin Market Size, Share, and Trends 2024 to 2034

The global polyurethane (PU) resin market size is accounted at USD 946.90 million in 2025 and is forecasted to hit around USD 1,233.77 million by 2034, representing a CAGR of 2.99% from 2025 to 2034. The Asia Pacific market size was estimated at USD 333.46 million in 2024 and is expanding at a CAGR of 3.36% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 2667
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Polyurethane (PU) Resin Market 

5.1. COVID-19 Landscape: Polyurethane (PU) Resin Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Polyurethane (PU) Resin Market, By Resin Type

8.1. Polyurethane (PU) Resin Market Revenue and Volume, by Resin Type

8.1.1. Solvent-Based Resin

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Water-Based Resins

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Others

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Polyurethane (PU) Resin Market, By Applications

9.1. Polyurethane (PU) Resin Market Revenue and Volume, by Applications

9.1.1. Construction

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Transportation

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Pharmaceuticals

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Paints & Coatings

9.1.4.1. Market Revenue and Volume Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Volume Forecast

Chapter 10. Global Polyurethane (PU) Resin Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Volume Forecast, by Resin Type

10.1.2. Market Revenue and Volume Forecast, by Applications

10.1.3. U.S.

10.1.3.1. Market Revenue and Volume Forecast, by Resin Type

10.1.3.2. Market Revenue and Volume Forecast, by Applications

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Volume Forecast, by Resin Type

10.1.4.2. Market Revenue and Volume Forecast, by Applications

10.2. Europe

10.2.1. Market Revenue and Volume Forecast, by Resin Type

10.2.2. Market Revenue and Volume Forecast, by Applications

10.2.3. UK

10.2.3.1. Market Revenue and Volume Forecast, by Resin Type

10.2.3.2. Market Revenue and Volume Forecast, by Applications

10.2.4. Germany

10.2.4.1. Market Revenue and Volume Forecast, by Resin Type

10.2.4.2. Market Revenue and Volume Forecast, by Applications

10.2.5. France

10.2.5.1. Market Revenue and Volume Forecast, by Resin Type

10.2.5.2. Market Revenue and Volume Forecast, by Applications

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Volume Forecast, by Resin Type

10.2.6.2. Market Revenue and Volume Forecast, by Applications

10.3. APAC

10.3.1. Market Revenue and Volume Forecast, by Resin Type

10.3.2. Market Revenue and Volume Forecast, by Applications

10.3.3. India

10.3.3.1. Market Revenue and Volume Forecast, by Resin Type

10.3.3.2. Market Revenue and Volume Forecast, by Applications

10.3.4. China

10.3.4.1. Market Revenue and Volume Forecast, by Resin Type

10.3.4.2. Market Revenue and Volume Forecast, by Applications

10.3.5. Japan

10.3.5.1. Market Revenue and Volume Forecast, by Resin Type

10.3.5.2. Market Revenue and Volume Forecast, by Applications

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Volume Forecast, by Resin Type

10.3.6.2. Market Revenue and Volume Forecast, by Applications

10.4. MEA

10.4.1. Market Revenue and Volume Forecast, by Resin Type

10.4.2. Market Revenue and Volume Forecast, by Applications

10.4.3. GCC

10.4.3.1. Market Revenue and Volume Forecast, by Resin Type

10.4.3.2. Market Revenue and Volume Forecast, by Applications

10.4.4. North Africa

10.4.4.1. Market Revenue and Volume Forecast, by Resin Type

10.4.4.2. Market Revenue and Volume Forecast, by Applications

10.4.5. South Africa

10.4.5.1. Market Revenue and Volume Forecast, by Resin Type

10.4.5.2. Market Revenue and Volume Forecast, by Applications

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Volume Forecast, by Resin Type

10.4.6.2. Market Revenue and Volume Forecast, by Applications

10.5. Latin America

10.5.1. Market Revenue and Volume Forecast, by Resin Type

10.5.2. Market Revenue and Volume Forecast, by Applications

10.5.3. Brazil

10.5.3.1. Market Revenue and Volume Forecast, by Resin Type

10.5.3.2. Market Revenue and Volume Forecast, by Applications

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Volume Forecast, by Resin Type

10.5.4.2. Market Revenue and Volume Forecast, by Applications

Chapter 11. Company Profiles

11.1. Covestro AG

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. The Dow Chemical Company

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Huntsman Corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. BASF SE

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Eastman Chemical Company

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

11.6. Mitsui Chemical, Inc.

11.6.1. Company Overview

11.6.2. Product Offerings

11.6.3. Financial Performance

11.6.4. Recent Initiatives

11.7. DuPont de Nemours, Inc.

11.7.1. Company Overview

11.7.2. Product Offerings

11.7.3. Financial Performance

11.7.4. Recent Initiatives

11.8. Alchemie, Ltd.

11.8.1. Company Overview

11.8.2. Product Offerings

11.8.3. Financial Performance

11.8.4. Recent Initiatives

11.9. Shanghai Dongda Polyurethane Co., Ltd.

11.9.1. Company Overview

11.9.2. Product Offerings

11.9.3. Financial Performance

11.9.4. Recent Initiatives

11.10. Perstorp Holdings AB

11.10.1. Company Overview

11.10.2. Product Offerings

11.10.3. Financial Performance

11.10.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global polyurethane (PU) resin market size was accounted at USD 919.32 million in 2024 and it is expected to reach around USD 1,233.77 million by 2034.

The global polyurethane (PU) resin market is poised to grow at a CAGR of 2.99% from 2025 to 2034.

The major players operating in the polyurethane (PU) resin market are Covestro AG, The Dow Chemical Company, Huntsman Corporation, BASF SE, Eastman Chemical Company, Mitsui Chemical, Inc., DuPont de Nemours, Inc., Alchemie, Ltd., Shanghai Dongda Polyurethane Co., Ltd., Perstorp Holdings AB and Others.

The driving factors of the polyurethane (PU) resin market are the rising demand for cut and tear resistance resins are key revenue growth and rising demand for polyurethane in the footwear industry as it provides comfort and durability.

North America region will lead the global polyurethane (PU) resin market during the forecast period 2025 to 2034.

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