Product Code: ETC342275 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Australia Polyurethane Resin Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 3.73% in 2026, following an initial rate of 3.72%, before easing to 3.05% at the end of the period.
The polyurethane resin market in Australia is growing due to its versatility in coatings, adhesives, sealants, and elastomers. The construction and automotive industries are key consumers, benefiting from polyurethanes durability and flexibility. Demand for sustainable and bio-based polyurethane formulations is increasing as environmental concerns drive innovation. However, volatile raw material prices and regulatory scrutiny on certain polyurethane formulations present challenges.
The polyurethane resin market in Australia is fueled by demand in construction, automotive, and furniture industries. Its versatility, insulation properties, and durability make polyurethane resins popular for foams, coatings, and adhesives. Growing interest in green building materials and advancements in bio-based polyurethanes drive innovation and market expansion.
The polyurethane resin market in Australia faces sustainability concerns and raw material supply chain issues. The reliance on petrochemical-based raw materials makes polyurethane production susceptible to oil price fluctuations. Additionally, increasing environmental awareness and the push for bio-based alternatives put pressure on manufacturers to innovate while maintaining cost efficiency.
The polyurethane resin market in Australia is experiencing growth due to increasing demand in the construction, furniture, and automotive sectors. Investment potential exists in the production of bio-based polyurethane resins, research into low-VOC formulations for eco-friendly applications, and expanding the use of polyurethane resins in advanced composite materials for lightweight structures.
The National Plastics Plan 2021 encourages the adoption of sustainable practices in the production of plastics, including polyurethane resins. This plan aims to reduce plastic waste and promote recycling, influencing manufacturers to develop eco-friendly products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Polyurethane Resin Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Polyurethane Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Polyurethane Resin Market - Industry Life Cycle |
3.4 Australia Polyurethane Resin Market - Porter's Five Forces |
3.5 Australia Polyurethane Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Polyurethane Resin Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Australia Polyurethane Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Australia Polyurethane Resin Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Australia Polyurethane Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable materials in various industries such as automotive, construction, and furniture. |
4.2.2 Increasing awareness about the benefits of polyurethane resins, such as flexibility, strength, and resistance to abrasion. |
4.2.3 Innovation in product development leading to the introduction of advanced polyurethane resin formulations. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall production cost of polyurethane resins. |
4.3.2 Stringent regulations regarding the use of certain chemicals in the manufacturing process. |
4.3.3 Competition from alternative materials like epoxy resins and acrylics. |
5 Australia Polyurethane Resin Market Trends |
6 Australia Polyurethane Resin Market, By Types |
6.1 Australia Polyurethane Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Polyurethane Resin Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Polyurethane Resin Market Revenues & Volume, By Water-based PU Resin, 2021-2031F |
6.1.4 Australia Polyurethane Resin Market Revenues & Volume, By Solvent-based PU Resin, 2021-2031F |
6.1.5 Australia Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Polyurethane Resin Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Australia Polyurethane Resin Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Australia Polyurethane Resin Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.4 Australia Polyurethane Resin Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Australia Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.3 Australia Polyurethane Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Polyurethane Resin Market Revenues & Volume, By Furniture, 2021-2031F |
6.3.3 Australia Polyurethane Resin Market Revenues & Volume, By Appliances, 2021-2031F |
6.3.4 Australia Polyurethane Resin Market Revenues & Volume, By Automotive fuel, 2021-2031F |
6.3.5 Australia Polyurethane Resin Market Revenues & Volume, By Footwear, 2021-2031F |
6.3.6 Australia Polyurethane Resin Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.7 Australia Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.4 Australia Polyurethane Resin Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Australia Polyurethane Resin Market Revenues & Volume, By Direct/Institutional Sales, 2021-2031F |
6.4.3 Australia Polyurethane Resin Market Revenues & Volume, By Retail Sales, 2021-2031F |
6.4.4 Australia Polyurethane Resin Market Revenues & Volume, By Other Channel Sales, 2021-2031F |
7 Australia Polyurethane Resin Market Import-Export Trade Statistics |
7.1 Australia Polyurethane Resin Market Export to Major Countries |
7.2 Australia Polyurethane Resin Market Imports from Major Countries |
8 Australia Polyurethane Resin Market Key Performance Indicators |
8.1 Research and development investment in new polyurethane resin formulations. |
8.2 Adoption rate of polyurethane resins in emerging applications or industries. |
8.3 Environmental impact assessment and sustainability practices in polyurethane resin production. |
9 Australia Polyurethane Resin Market - Opportunity Assessment |
9.1 Australia Polyurethane Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Polyurethane Resin Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Australia Polyurethane Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Australia Polyurethane Resin Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Australia Polyurethane Resin Market - Competitive Landscape |
10.1 Australia Polyurethane Resin Market Revenue Share, By Companies, 2024 |
10.2 Australia Polyurethane Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |