North America Polyurethane Market Analysis
The North America Polyurethane Market is expected to register a CAGR of greater than 5% during the forecast period.
- Competition from polystyrene and polypropylene foam is likely to hinder the market's growth.
- Increasing demand for bio-based polyurethane is projected to act as an opportunity for the market in the future.
North America Polyurethane Market Trends
Foams Application is Expected to Hold the Largest Share of the Application Segment
- Rigid polyurethane and polyisocyanurate (polyiso) foams create one of the world's most popular, energy-efficient, and versatile insulation's.
- According to the US Department of Energy, heating and cooling account for approximately 55% of the energy used in a typical US home, making it the largest energy expense for most homes.
- To maintain uniform temperature and lower noise levels in homes and commercial properties, builders turn to rigid polyurethane and polyisocyanurate foams. These foams are effective insulation materials that can be used in roof and wall insulation, insulated windows, doors, and air barrier sealants.
- The unique applications of foams in the construction industry is expected to drive the market for polyurethane in North America.
United States to Hold Majority of the Market
- Building and construction accounted for the majority share of the consumption of polyurethanes in the United States, making it the largest end-user market for polyurethane materials.
- The environmental benefits of rigid polyurethane foam are significant. They include increased energy efficiency and reduced project weight and are expected to register a significant rate during the forecast period.
- Transportation also accounts for a significant share of the total polyurethane consumption. The advent of sustainable polymeric formulations for vehicle weight reduction and decreased fuel consumption for environmental safety are the main drivers of the polyurethane market in the United States.
- Apart from the aforementioned end-users, paints and coatings, along with furniture also find applications from polyurethane.
North America Polyurethane Industry Overview
The North American polyurethane market is partially consolidated. Key players in the North America polyurethane market include Covestro AG, Huntsman International LLC, LANXESS, BASF SE, and Dow, amongst others.
North America Polyurethane Market Leaders
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LANXESS
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Covestro AG
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Huntsman International LLC
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BASF SE
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Dow
- *Disclaimer: Major Players sorted in no particular order
North America Polyurethane Industry Segmentation
The North American polyurethane market report includes:
Application | Foams | Rigid Foam |
Flexible Foam | ||
Coatings | ||
Adhesives, Sealants, and Binders | ||
Elastomers | ||
Other Applications | ||
End-user Industry | Furniture and Interiors | |
Building and Construction | ||
Electronics and Appliances | ||
Automotive and Transportation | ||
Packaging | ||
Other End-user Industries | ||
Geography | United States | |
Mexico | ||
Canada | ||
Rest of North America |
Foams | Rigid Foam |
Flexible Foam | |
Coatings | |
Adhesives, Sealants, and Binders | |
Elastomers | |
Other Applications |
Furniture and Interiors |
Building and Construction |
Electronics and Appliances |
Automotive and Transportation |
Packaging |
Other End-user Industries |
United States |
Mexico |
Canada |
Rest of North America |
North America Polyurethane Market Research FAQs
What is the current North America Polyurethane Market size?
The North America Polyurethane Market is projected to register a CAGR of greater than 5% during the forecast period (2025-2030)
Who are the key players in North America Polyurethane Market?
LANXESS, Covestro AG, Huntsman International LLC, BASF SE and Dow are the major companies operating in the North America Polyurethane Market.
What years does this North America Polyurethane Market cover?
The report covers the North America Polyurethane Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the North America Polyurethane Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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North America Polyurethane Industry Report
Statistics for the 2025 North America Polyurethane market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. North America Polyurethane analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.