| Product Code: ETC4639043 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to be a key importer of polyurethane, with top suppliers including Germany, Italy, Netherlands, China, and the USA. Despite a negative Compound Annual Growth Rate (CAGR) of -1.61% from 2020-2024 and a steep decline in growth rate of -8.78% from 2023-2024, the market saw sustained high concentration levels indicated by the Herfindahl-Hirschman Index (HHI). This suggests that while the industry may be experiencing challenges, the competitive landscape remains consolidated among a few major players.

The Polyurethane market in Belgium is projected to grow at a stable growth rate of 2.15% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Belgium Polyurethane Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Polyurethane Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Polyurethane Market - Industry Life Cycle |
3.4 Belgium Polyurethane Market - Porter's Five Forces |
3.5 Belgium Polyurethane Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Belgium Polyurethane Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Belgium Polyurethane Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings and insulation solutions |
4.2.2 Growing adoption of polyurethane in various end-use industries such as automotive, construction, and furniture |
4.2.3 Technological advancements leading to the development of innovative polyurethane products |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Stringent regulations related to environmental concerns and sustainability |
4.3.3 Competition from alternative materials in the market |
5 Belgium Polyurethane Market Trends |
6 Belgium Polyurethane Market Segmentations |
6.1 Belgium Polyurethane Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Belgium Polyurethane Market Revenues & Volume, By Flexible Foam, 2021-2031F |
6.1.3 Belgium Polyurethane Market Revenues & Volume, By Rigid Foam, 2021-2031F |
6.1.4 Belgium Polyurethane Market Revenues & Volume, By Coating, 2021-2031F |
6.1.5 Belgium Polyurethane Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
6.1.6 Belgium Polyurethane Market Revenues & Volume, By Elastomers, 2021-2031F |
6.1.7 Belgium Polyurethane Market Revenues & Volume, By Others, 2021-2031F |
6.2 Belgium Polyurethane Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Belgium Polyurethane Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.2.3 Belgium Polyurethane Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Belgium Polyurethane Market Revenues & Volume, By Appliances & Whitegoods, 2021-2031F |
6.2.5 Belgium Polyurethane Market Revenues & Volume, By Footwear, 2021-2031F |
6.2.6 Belgium Polyurethane Market Revenues & Volume, By Others, 2021-2031F |
7 Belgium Polyurethane Market Import-Export Trade Statistics |
7.1 Belgium Polyurethane Market Export to Major Countries |
7.2 Belgium Polyurethane Market Imports from Major Countries |
8 Belgium Polyurethane Market Key Performance Indicators |
8.1 Research and development investment in new polyurethane technologies |
8.2 Adoption rate of polyurethane in key industries |
8.3 Number of patents filed for polyurethane products |
8.4 Environmental impact assessments for polyurethane production and usage |
8.5 Percentage of market share held by polyurethane in specific applications |
9 Belgium Polyurethane Market - Opportunity Assessment |
9.1 Belgium Polyurethane Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Belgium Polyurethane Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Belgium Polyurethane Market - Competitive Landscape |
10.1 Belgium Polyurethane Market Revenue Share, By Companies, 2024 |
10.2 Belgium Polyurethane Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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