| Product Code: ETC4501585 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s polyurethane composites import market in 2024 saw significant contributions from top exporting countries like China, Singapore, Germany, Netherlands, and South Korea. The market displayed moderate concentration, as reflected by the Herfindahl-Hirschman Index (HHI). With a strong compound annual growth rate (CAGR) of 7.96% from 2020 to 2024, the industry showcased promising development. Although there was a slight decline in the growth rate from 2023 to 2024, the overall trend indicates a positive trajectory for the polyurethane composites import market in India.

Polyurethane composites are used in various industries for their versatility, high impact resistance, and excellent insulation properties. They are employed in applications ranging from automotive components to construction materials. As these industries grow in India, the polyurethane composites market is expected to witness sustained growth.
The India polyurethane composites market is witnessing growth, primarily driven by the construction and automotive sectors. Polyurethane composites are used in a variety of applications, including lightweight automotive components and structural elements in construction. The construction industry`s need for durable and high-strength materials in infrastructure projects has led to the adoption of polyurethane composites. Additionally, the automotive sector`s focus on reducing vehicle weight and improving fuel efficiency contributes to the market`s growth. The market is further supported by the need for materials that offer good impact resistance and flexibility in various applications.
Challenges in the polyurethane composites market include addressing the environmental impact of polyurethane production and disposal. The market must also focus on improving the flame resistance and durability of polyurethane composites.
The COVID-19 pandemic impacted the India polyurethane composites market as the automotive and construction sectors faced reduced demand and production stoppages during lockdowns. Polyurethane composites, known for their lightweight and insulation properties, found opportunities in applications that prioritize energy efficiency. The market adapted by focusing on innovation and sustainability, exploring new applications in renewable energy and durable insulation materials. Manufacturers also emphasized digitalization and customer engagement to meet changing market dynamics and enhance product offerings.
Key players in the polyurethane composites market include Bayer MaterialScience, Huntsman Corporation, and The Dow Chemical Company.
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 India Polyurethane Composites Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyurethane Composites Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyurethane Composites Market - Industry Life Cycle |
3.4 India Polyurethane Composites Market - Porter's Five Forces |
3.5 India Polyurethane Composites Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Polyurethane Composites Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.7 India Polyurethane Composites Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 India Polyurethane Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and high-strength materials in various industries such as automotive, construction, and aerospace |
4.2.2 Growing awareness about the benefits of polyurethane composites in terms of durability, corrosion resistance, and design flexibility |
4.2.3 Government initiatives promoting the use of sustainable and eco-friendly materials in manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the overall production cost of polyurethane composites |
4.3.2 Lack of standardized regulations and quality control measures leading to inconsistency in product quality |
4.3.3 Competition from alternative materials like fiberglass, carbon fiber, and metal alloys in certain applications |
5 India Polyurethane Composites Market Trends |
6 India Polyurethane Composites Market, By Types |
6.1 India Polyurethane Composites Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Polyurethane Composites Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Polyurethane Composites Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 India Polyurethane Composites Market Revenues & Volume, By Carbon, 2021-2031F |
6.2 India Polyurethane Composites Market, By Manufacturing Process |
6.2.1 Overview and Analysis |
6.2.2 India Polyurethane Composites Market Revenues & Volume, By Lay-Up, 2021-2031F |
6.2.3 India Polyurethane Composites Market Revenues & Volume, By Pultrusion, 2021-2031F |
6.2.4 India Polyurethane Composites Market Revenues & Volume, By Resin Transfer Molding, 2021-2031F |
6.3 India Polyurethane Composites Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 India Polyurethane Composites Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.3 India Polyurethane Composites Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 India Polyurethane Composites Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
7 India Polyurethane Composites Market Import-Export Trade Statistics |
7.1 India Polyurethane Composites Market Export to Major Countries |
7.2 India Polyurethane Composites Market Imports from Major Countries |
8 India Polyurethane Composites Market Key Performance Indicators |
8.1 Research and development investment in innovative polyurethane composite technologies |
8.2 Adoption rate of polyurethane composites in key industries |
8.3 Number of partnerships or collaborations between manufacturers and end-users for product development and market expansion |
9 India Polyurethane Composites Market - Opportunity Assessment |
9.1 India Polyurethane Composites Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Polyurethane Composites Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.3 India Polyurethane Composites Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 India Polyurethane Composites Market - Competitive Landscape |
10.1 India Polyurethane Composites Market Revenue Share, By Companies, 2024 |
10.2 India Polyurethane Composites Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |