Home > Chemicals & Materials > Advanced Materials > Functional Materials > Polyurethane Catalyst Market

Polyurethane Catalyst Market Share

Report ID: GMI7045
Published Date: Oct 2023
Report Format: PDF

Download Free Sample

Polyurethane Catalyst Market Share

Major players operating in the Polyurethane Catalyst Industry include:

BASF SE
Huntsman International LLC
Evonik Industries AG
Dow Chemical Company
Momentive Performance Materials Inc.
Wanhua Chemical Group Co., Ltd.
LANXESS AG
Bayer AG
Mitsui Chemicals, Inc.
DIC Corporation
Covestro AG
Carpenter Co.
King Industries, Inc.
MOFAN POLYURETHANE CO., LTD.
Umicore
Air Products and Chemicals, Inc.

BASF SE and Huntsman International LLC have captured substantial market shares in the Asia-Pacific market, driven by by companies in the Asia-Pacific region. This is primarily due to the rapid industrialization, expanding manufacturing sectors, and the growing demand for polyurethane-based products in countries like China and India. As these countries experience substantial economic expansion and urbanization, there is a greater need for construction materials, automotive components, and various polyurethane applications. Companies in the Asia-Pacific region are strategically positioned to meet these demands.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market for polyurethane catalyst was valued at around USD 2.2 Billion in 2022 and is estimated to reach USD 3.9 Billion by the end of 2032.

Flexible foam segment held a dominant market share of around 34% in 2022 and will continue to growing through 2032, as it provides enhanced comfort and versatility, alongside high performance.

The U.S. polyurethane catalyst industry was worth USD 502.9 million in 2022 and is anticipated to expand at a significant pace from 2023-2032, due to the region’s robust and diverse industrial landscape, including construction, automotive, and electronics sectors, which are key consumers of polyurethane products and catalysts.

BASF SE, Huntsman International LLC, Evonik Industries AG, Dow Chemical Company, Momentive Performance Materials Inc., Wanhua Chemical Group Co., Ltd., LANXESS AG, Bayer AG, and Mitsui Chemicals, Inc. among others.