The North America Polyurethane Market would witness market growth of 3.7% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 5,163.6 kilo tonnes, showcasing a growth of 3.0% (2019-2022).
Rigid foam-based polyurethane is a versatile material with a broad spectrum of applications, prized for its unique combination of properties. Widely utilized in construction, it serves as an excellent thermal insulator in roofing, walls, and flooring, contributing to energy efficiency. Therefore, the Canada market consumed 622.8 kilo tonnes in 2022.
The US market dominated the North America Polyurethane Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,478.9 million by 2030. The Canada market is experiencing a CAGR of 6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.1% during (2023 - 2030).
The growth of the medical device sector translates into higher demand for polyurethane in production. For instance, according to data released by the People's Republic of China's State Council, as of the end of August 2020, China was home to 26,456 makers of medical devices, a 40 percent increase from the previous year.
Moreover, this has been widely adopted across various industries due to its adaptable qualities, affordability, and appropriateness for various uses. Polyurethane offers unique properties, including flexibility, durability, chemical resistance, and thermal insulation.
Polyurethane foam insulation is commonly used in renewable energy infrastructure, including solar panels, wind turbine blades, and energy storage systems, to minimize heat loss and enhance overall system efficiency. As per the data released in 2023 by the International Trade Administration (ITA), Mexico aims to achieve 35% clean energy by 2024, including power regeneration from renewable sources, as per the Energy Transition Law (Ley de Transición Energética) and General Climate Change Law (Ley General de Cambio Climático). Thus, the market will grow in North America due to rising investments in the aerospace industry and the rise of the renewable energy sector in the region.
Free Valuable Insights: The Polyurethane Market is Predict to reach USD 102.3 Billion by 2030, at a CAGR of 4.3%
Based on Raw Material, the market is segmented into Polyols, Toluene Di-isocyanate, Methylene Diphenyl Di-isocyanate, and Others. Based on Application, the market is segmented into Construction, Furniture & Interiors, Electronics & Appliances, Footwear, Automotive, Packaging, and Others. Based on Product, the market is segmented into Rigid Foam, Flexible Foam, Coatings, Adhesives & Sealants, Elastomers, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- ArcelorMittal S.A.
- thyssenkrupp AG
- BASF SE
- Covestro AG
- The Dow Chemical Company
- Huntsman Corporation
- Lanxess AG
- Mitsui Chemicals, Inc.
- Tosoh Corporation
- Eastman Chemical Company
North America Polyurethane Market Report Segmentation
By Raw Material (Volume, Kilo Tonnes, USD Billion,2019-2030)
- Polyols
- Toluene Di-isocyanate
- Methylene Diphenyl Di-isocyanate
- Others
By Application (Volume, Kilo Tonnes, USD Billion,2019-2030)
- Construction
- Furniture & Interiors
- Electronics & Appliances
- Footwear
- Automotive
- Packaging
- Others
By Product (Volume, Kilo Tonnes, USD Billion,2019-2030)
- Rigid Foam
- Flexible Foam
- Coatings
- Adhesives & Sealants
- Elastomers
- Others
By Country (Volume, Kilo Tonnes, USD Billion,2019-2030)
- US
- Canada
- Mexico
- Rest of North America
TABLE 1 North America Polyurethane Market, 2019 - 2022, USD Million
TABLE 2 North America Polyurethane Market, 2023 - 2030, USD Million
TABLE 3 North America Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 6 North America Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 7 North America Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Polyols Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Polyols Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Polyols Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Polyols Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Toluene Di-isocyanate Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Toluene Di-isocyanate Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Toluene Di-isocyanate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Toluene Di-isocyanate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Methylene Diphenyl Di-isocyanate Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Methylene Diphenyl Di-isocyanate Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Methylene Diphenyl Di-isocyanate Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Methylene Diphenyl Di-isocyanate Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 26 North America Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 27 North America Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Construction Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Construction Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Furniture & Interiors Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Furniture & Interiors Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Furniture & Interiors Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Furniture & Interiors Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Electronics & Appliances Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Electronics & Appliances Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Electronics & Appliances Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Electronics & Appliances Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Footwear Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Footwear Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Footwear Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Footwear Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Automotive Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Automotive Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Automotive Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Automotive Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Packaging Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Packaging Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Packaging Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Packaging Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 North America Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 58 North America Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 59 North America Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 60 North America Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 61 North America Rigid Foam Market by Country, 2019 - 2022, USD Million
TABLE 62 North America Rigid Foam Market by Country, 2023 - 2030, USD Million
TABLE 63 North America Rigid Foam Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 64 North America Rigid Foam Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 65 North America Flexible Foam Market by Country, 2019 - 2022, USD Million
TABLE 66 North America Flexible Foam Market by Country, 2023 - 2030, USD Million
TABLE 67 North America Flexible Foam Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 68 North America Flexible Foam Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 69 North America Coatings Market by Country, 2019 - 2022, USD Million
TABLE 70 North America Coatings Market by Country, 2023 - 2030, USD Million
TABLE 71 North America Coatings Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 72 North America Coatings Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 73 North America Adhesives & Sealants Market by Country, 2019 - 2022, USD Million
TABLE 74 North America Adhesives & Sealants Market by Country, 2023 - 2030, USD Million
TABLE 75 North America Adhesives & Sealants Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 76 North America Adhesives & Sealants Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 77 North America Elastomers Market by Country, 2019 - 2022, USD Million
TABLE 78 North America Elastomers Market by Country, 2023 - 2030, USD Million
TABLE 79 North America Elastomers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 80 North America Elastomers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 81 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 82 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 83 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 84 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 85 North America Polyurethane Market by Country, 2019 - 2022, USD Million
TABLE 86 North America Polyurethane Market by Country, 2023 - 2030, USD Million
TABLE 87 North America Polyurethane Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 88 North America Polyurethane Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 89 US Polyurethane Market, 2019 - 2022, USD Million
TABLE 90 US Polyurethane Market, 2023 - 2030, USD Million
TABLE 91 US Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 92 US Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 93 US Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 94 US Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 95 US Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 96 US Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 97 US Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 98 US Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 99 US Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 US Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 US Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 102 US Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 103 US Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 104 US Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 105 Canada Polyurethane Market, 2019 - 2022, USD Million
TABLE 106 Canada Polyurethane Market, 2023 - 2030, USD Million
TABLE 107 Canada Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 108 Canada Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 109 Canada Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 110 Canada Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 111 Canada Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 112 Canada Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 113 Canada Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 114 Canada Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 115 Canada Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 116 Canada Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 117 Canada Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 118 Canada Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 119 Canada Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 120 Canada Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 121 Mexico Polyurethane Market, 2019 - 2022, USD Million
TABLE 122 Mexico Polyurethane Market, 2023 - 2030, USD Million
TABLE 123 Mexico Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Mexico Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Mexico Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 126 Mexico Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 127 Mexico Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 128 Mexico Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 129 Mexico Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 130 Mexico Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 131 Mexico Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 132 Mexico Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 133 Mexico Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 134 Mexico Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 135 Mexico Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 136 Mexico Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of North America Polyurethane Market, 2019 - 2022, USD Million
TABLE 138 Rest of North America Polyurethane Market, 2023 - 2030, USD Million
TABLE 139 Rest of North America Polyurethane Market, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of North America Polyurethane Market, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of North America Polyurethane Market by Raw Material, 2019 - 2022, USD Million
TABLE 142 Rest of North America Polyurethane Market by Raw Material, 2023 - 2030, USD Million
TABLE 143 Rest of North America Polyurethane Market by Raw Material, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of North America Polyurethane Market by Raw Material, 2023 - 2030, Kilo Tonnes
TABLE 145 Rest of North America Polyurethane Market by Application, 2019 - 2022, USD Million
TABLE 146 Rest of North America Polyurethane Market by Application, 2023 - 2030, USD Million
TABLE 147 Rest of North America Polyurethane Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 148 Rest of North America Polyurethane Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 149 Rest of North America Polyurethane Market by Product, 2019 - 2022, USD Million
TABLE 150 Rest of North America Polyurethane Market by Product, 2023 - 2030, USD Million
TABLE 151 Rest of North America Polyurethane Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 152 Rest of North America Polyurethane Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 153 key Information – ArcelorMittal S.A.
TABLE 154 Key Information – thyssenkrupp AG
TABLE 155 Key Information – BASF SE
TABLE 156 key information – Covestro AG
TABLE 157 Key Information – The Dow Chemical Company
TABLE 158 key Information – Huntsman Corporation
TABLE 159 Key Information – Lanxess AG
TABLE 160 Key Information – Mitsui Chemicals, Inc.
TABLE 161 Key Information – Tosoh Corporation
TABLE 162 Key Information – Eastman Chemical Company
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Polyurethane Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Polyurethane Market
FIG 4 Porter’s Five Forces Analysis – Polyurethane Market
FIG 5 North America Polyurethane Market share by Raw Material, 2022
FIG 6 North America Polyurethane Market share by Raw Material, 2030
FIG 7 North America Polyurethane Market by Raw Material, 2019 - 2030, USD Million
FIG 8 North America Polyurethane Market share by Application, 2022
FIG 9 North America Polyurethane Market share by Application, 2030
FIG 10 North America Polyurethane Market by Application, 2019 - 2030, USD Million
FIG 11 North America Polyurethane Market share by Product, 2022
FIG 12 North America Polyurethane Market share by Product, 2030
FIG 13 North America Polyurethane Market by Product, 2019 - 2030, USD Million
FIG 14 North America Polyurethane Market share by Country, 2022
FIG 15 North America Polyurethane Market share by Country, 2030
FIG 16 North America Polyurethane Market by Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: ArcelorMittal S.A.
FIG 18 SWOT Analysis: thyssenkrupp AG
FIG 19 Recent strategies and developments: BASF SE
FIG 20 SWOT Analysis: BASF SE
FIG 21 Recent strategies and developments: Covestro AG
FIG 22 SWOT Analysis: Covestro AG
FIG 23 SWOT Analysis: The Dow Chemical Company
FIG 24 SWOT Analysis: Huntsman Corporation
FIG 25 Swot Analysis: Lanxess AG
FIG 26 SWOT Analysis: Mitsui Chemicals, Inc.
FIG 27 SWOT Analysis: Tosoh Corporation
FIG 28 SWOT Analysis: Eastman Chemical Company