폴리올 및 폴리우레탄 시장 규모, 점유율, 성장 분석 : 유형별, 용도별, 최종 이용 산업별, 지역별 - 업계 예측(2026-2033년)

Polyols and Polyurethane Market size was valued at USD 19.25 Billion in 2024 and is poised to grow from USD 20.15 Billion in 2025 to USD 29.1 Billion by 2033, growing at a CAGR of 4.7% during the forecast period (2026-2033).

The demand for Polyols and Polyurethanes is experiencing notable growth, largely driven by the expanding automotive and construction sectors, where energy efficiency and insulation properties are increasingly prioritized. As the construction industry adapts to a rising population, the need for innovative building materials like exterior panels and protective insulation is skyrocketing. Similarly, the automotive and packaging markets are seeing heightened activity, fueling market growth. Polyol suppliers are enhancing operational efficiency through vertical integration into polyurethane production, reducing logistics costs and addressing procurement hurdles. Furthermore, the emphasis on sustainability in building projects is spurring investments in energy-efficient solutions. However, the environmental impact of raw materials like TDI and MDI necessitates vigilant management to mitigate potential health risks associated with polyurethane manufacturing.

Top-down and bottom-up approaches were used to estimate and validate the size of the Polyols and Polyurethane market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Polyols and Polyurethane Market Segments Analysis

Global Polyols and Polyurethane Market is segmented by Type, Application, End-Use Industry and region. Based on Type, the market is segmented into Polyether Polyols and Polyester Polyols. Based on Application, the market is segmented into Flexible Foam, Rigid Foam, Coatings, Adhesives & Sealants, Elastomers and Others. Based on End-Use Industry, the market is segmented into Furniture & Bedding, Construction, Automotive, Electronics, Footwear, Packaging and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Polyols and Polyurethane Market

A major factor propelling the growth of the Polyols and Polyurethane market is the growing focus on energy efficiency. This trend is especially noticeable in the construction sector, where there is an escalating demand for rigid foams that offer superior insulation capabilities. As the need for effective insulation materials intensifies, particularly for optimizing heating, ventilation, and air conditioning (HVAC) systems while minimizing energy waste, the demand for Polyurethane foams continues to rise. This shift towards energy conservation highlights the critical role that advanced insulation solutions play in both residential and commercial building projects.

Restraints in the Polyols and Polyurethane Market

The global Polyols and Polyurethane market faces significant constraints due to increasing environmental concerns related to the production and use of these materials. The raw materials necessary for manufacturing Polyurethane, including TDI and MDI, are recognized as environmentally hazardous. The emission of TDI during industrial operations raises substantial risks associated with air quality and public health. Consequently, the demand for stricter regulations and the implementation of sustainable practices to reduce the environmental footprint of Polyols and Polyurethanes may hinder market expansion. These challenges necessitate a shift towards more eco-friendly alternatives and methods in the industry.

Market Trends of the Polyols and Polyurethane Market

The Polyols and Polyurethane market is experiencing a significant trend towards sustainability and eco-friendly alternatives. As environmental awareness grows among consumers and industries, there is an escalating demand for polyols and polyurethanes derived from renewable materials with minimized carbon emissions. Manufacturers are prioritizing research and innovation to create bio-based products, incorporating feedstocks such as vegetable oils and biomass, which not only meet regulatory standards but also align with the strategic sustainability goals of sectors such as automotive, furniture, and construction. This commitment to greener innovations is reshaping the competitive landscape, driving growth, and establishing a critical focal point for future market developments.

Table of Contents

Introduction

• Objectives of the Study
• Scope of the Report
• Definitions

Research Methodology

• Information Procurement
• Secondary & Primary Data Methods
• Market Size Estimation
• Market Assumptions & Limitations

Executive Summary

• Global Market Outlook
• Supply & Demand Trend Analysis
• Segmental Opportunity Analysis

Market Dynamics & Outlook

• Market Overview
• Market Size
• Market Dynamics
  • Drivers & Opportunities
  • Restraints & Challenges
• Porters Analysis
  • Competitive rivalry
  • Threat of substitute
  • Bargaining power of buyers
  • Threat of new entrants
  • Bargaining power of suppliers

Key Market Insights

• Key Success Factors
• Degree of Competition
• Top Investment Pockets
• Market Ecosystem
• Market Attractiveness Index, 2025
• PESTEL Analysis
• Macro-Economic Indicators
• Value Chain Analysis
• Pricing Analysis
• Case Studies
• Regulatory Landscape
• Customer & Buying Criteria Analysis
• Patent Analysis

Global Polyols and Polyurethane Market Size by Type & CAGR (2026-2033)

• Market Overview
• Polyether Polyols
• Polyester Polyols

Global Polyols and Polyurethane Market Size by Application & CAGR (2026-2033)

• Market Overview
• Flexible Foam
• Rigid Foam
• Coatings
• Adhesives & Sealants
• Elastomers
• Others

Global Polyols and Polyurethane Market Size by End-Use Industry & CAGR (2026-2033)

• Market Overview
• Furniture & Bedding
• Construction
• Automotive
• Electronics
• Footwear
• Packaging
• Others

Global Polyols and Polyurethane Market Size & CAGR (2026-2033)

• North America (Type, Application, End-Use Industry)
  • US
  • Canada
• Europe (Type, Application, End-Use Industry)
  • Germany
  • Spain
  • France
  • UK
  • Italy
  • Rest of Europe
• Asia Pacific (Type, Application, End-Use Industry)
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
• Latin America (Type, Application, End-Use Industry)
  • Brazil
  • Rest of Latin America
• Middle East & Africa (Type, Application, End-Use Industry)
  • GCC Countries
  • South Africa
  • Rest of Middle East & Africa

Competitive Intelligence

• Top 5 Player Comparison
• Market Positioning of Key Players, 2025
• Strategies Adopted by Key Market Players
• Recent Developments in the Market
• Company Market Share Analysis, 2025
• Company Profiles of All Key Players
  • Company Details
  • Product Portfolio Analysis
  • Company's Segmental Share Analysis
  • Revenue Y-O-Y Comparison (2023-2025)

Key Company Profiles

• Dow Chemical Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• BASF SE (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Covestro AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Huntsman Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Wanhua Chemical Group Co., Ltd. (China)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Mitsui Chemicals, Inc. (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Shell Chemicals (Netherlands)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Stepan Company (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Chemtura Corporation (USA)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Repsol S.A. (Spain)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Bayer AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Tosoh Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• KPX Chemical Co., Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Royal Dutch Shell plc (Netherlands)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• OCI Company Ltd. (South Korea)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• DIC Corporation (Japan)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• Evonik Industries AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments
• LANXESS AG (Germany)
  • Company Overview
  • Business Segment Overview
  • Financial Updates
  • Key Developments

Conclusion & Recommendations