Regional Analysis
Polyols and Polyurethane Market Regional Insights:
- Asia Pacific accounted for a market share of 35.2% in 2023. The polyols and polyurethane market in the Asia Pacific region is propelled by the significant growth of the large end-use industries, such as construction, automotive, furniture and interior, electronics, and appliances, and packaging.
- North America accounted for 26.8% of the market share in the global polyols and polyurethane market in 2023.
- Europe accounted for 15% of the market share in the global polyols and polyurethane market owing to this region has a significant demand for polyurethane products, particularly in the automotive, construction, and furniture industries.
Figure 1. Polyols and Polyurethane Market Share (%), By Region, 2024