India Polyurethane Resin Market (2025-2031) Outlook | Analysis, Size, Revenue, Companies, Trends, Forecast, Industry, Share, Value & Growth
Market Forecast By Type (Water-based PU Resin, Solvent-based PU Resin, Others), By End Use (Paints & Coatings, Automobile, Pharmaceutical, Others), By Application (Furniture, Appliances, Automotive fuel, Footwear, Packaging, Others), By Sales Channel (Direct/Institutional Sales, Retail Sales, Other Channel Sales) And Competitive Landscape
| Product Code: ETC342264 | Publication Date: Aug 2023 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India Polyurethane Resin Market Import Shipment Trend (2020-2024)
The India polyurethane resin market import shipments experienced a steady growth trend with a healthy CAGR of 8.4% from 2020 to 2024. However, there was a slight slowdown in growth between 2023 and 2024, with a decrease in the growth rate by -2.3%. Overall, the market expanded consistently but showed a minor dip in momentum towards the end of the period.
India Polyurethane Resin Market Synopsis
The polyurethane resin market in India displays promising growth due to applications in coatings, adhesives, and flexible foams. Polyurethane offers versatility and durability. However, environmental concerns drive the need for sustainable alternatives and efficient waste management practices. Manufacturers must balance performance with eco-friendly solutions.
Drivers of the market
The India polyurethane resin market is expected to grow due to several key drivers. The construction industry`s need for insulation, coatings, and adhesives drives the demand for polyurethane resins. These resins offer advantages like durability, versatility, and energy efficiency. The automotive sector`s demand for lightweight materials and improved safety also contributes to market growth. Additionally, the growth of furniture and bedding industries further supports polyurethane resin demand. Challenges like the volatility of raw material prices and environmental regulations promoting sustainable alternatives could impact market dynamics.
Challenges of the Market
The polyurethane resin market in India is expanding in applications like coatings, adhesives, and foams. Challenges include sourcing raw materials, addressing environmental concerns related to isocyanates, and maintaining consistent resin quality. Manufacturers must balance performance with environmental sustainability.
Covid-19 Impact on the Market
The polyurethane resin market, used in diverse applications such as coatings, adhesives, and foams, could have faced challenges due to supply chain disruptions and shifts in consumer demand.
Key Players of the Market
The India polyurethane resin market is set to grow with applications in coatings, adhesives, and flexible foams. Challenges include managing feedstock availability. Major players include Bayer MaterialScience, Huntsman Corporation, and Dow Chemicals.
Key Highlights of the Report:
- India Polyurethane Resin Market Outlook
- Market Size of India Polyurethane Resin Market, 2024
- Forecast of India Polyurethane Resin Market, 2031
- Historical Data and Forecast of India Polyurethane Resin Revenues & Volume for the Period 2021-2031
- India Polyurethane Resin Market Trend Evolution
- India Polyurethane Resin Market Drivers and Challenges
- India Polyurethane Resin Price Trends
- India Polyurethane Resin Porter's Five Forces
- India Polyurethane Resin Industry Life Cycle
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Water-based PU Resin for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Solvent-based PU Resin for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By End Use for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Paints & Coatings for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Automobile for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Pharmaceutical for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Furniture for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Appliances for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Automotive fuel for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Footwear for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Packaging for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Others for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Sales Channel for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Direct/Institutional Sales for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Retail Sales for the Period 2021-2031
- Historical Data and Forecast of India Polyurethane Resin Market Revenues & Volume By Other Channel Sales for the Period 2021-2031
- India Polyurethane Resin Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By End Use
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Sales Channel
- India Polyurethane Resin Top Companies Market Share
- India Polyurethane Resin Competitive Benchmarking By Technical and Operational Parameters
- India Polyurethane Resin Company Profiles
- India Polyurethane Resin Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the India Polyurethane Resin Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the India Polyurethane Resin Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Resin Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Polyurethane Resin Market Revenues & Volume, 2021 & 2031F |
3.3 India Polyurethane Resin Market - Industry Life Cycle |
3.4 India Polyurethane Resin Market - Porter's Five Forces |
3.5 India Polyurethane Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India Polyurethane Resin Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 India Polyurethane Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Polyurethane Resin Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 India Polyurethane Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand from end-use industries such as construction, automotive, and furniture due to the superior properties of polyurethane resins. |
4.2.2 Increasing investments in infrastructure development projects in India. |
4.2.3 Rising awareness about the benefits of using polyurethane resins over traditional materials. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of production. |
4.3.2 Environmental concerns and regulations regarding the use and disposal of polyurethane resins. |
4.3.3 Competition from alternative materials in the market. |
5 India Polyurethane Resin Market Trends |
6 India Polyurethane Resin Market, By Types |
6.1 India Polyurethane Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Polyurethane Resin Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India Polyurethane Resin Market Revenues & Volume, By Water-based PU Resin, 2021-2031F |
6.1.4 India Polyurethane Resin Market Revenues & Volume, By Solvent-based PU Resin, 2021-2031F |
6.1.5 India Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.2 India Polyurethane Resin Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 India Polyurethane Resin Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 India Polyurethane Resin Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.4 India Polyurethane Resin Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 India Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Polyurethane Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Polyurethane Resin Market Revenues & Volume, By Furniture, 2021-2031F |
6.3.3 India Polyurethane Resin Market Revenues & Volume, By Appliances, 2021-2031F |
6.3.4 India Polyurethane Resin Market Revenues & Volume, By Automotive fuel, 2021-2031F |
6.3.5 India Polyurethane Resin Market Revenues & Volume, By Footwear, 2021-2031F |
6.3.6 India Polyurethane Resin Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.7 India Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.4 India Polyurethane Resin Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 India Polyurethane Resin Market Revenues & Volume, By Direct/Institutional Sales, 2021-2031F |
6.4.3 India Polyurethane Resin Market Revenues & Volume, By Retail Sales, 2021-2031F |
6.4.4 India Polyurethane Resin Market Revenues & Volume, By Other Channel Sales, 2021-2031F |
7 India Polyurethane Resin Market Import-Export Trade Statistics |
7.1 India Polyurethane Resin Market Export to Major Countries |
7.2 India Polyurethane Resin Market Imports from Major Countries |
8 India Polyurethane Resin Market Key Performance Indicators |
8.1 Adoption rate of polyurethane resin in new applications. |
8.2 Research and development expenditure in the polyurethane resin sector. |
8.3 Number of patents filed for innovations in polyurethane resin technology. |
8.4 Environmental impact assessments and compliance measures implemented by companies using polyurethane resins. |
9 India Polyurethane Resin Market - Opportunity Assessment |
9.1 India Polyurethane Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India Polyurethane Resin Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 India Polyurethane Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Polyurethane Resin Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 India Polyurethane Resin Market - Competitive Landscape |
10.1 India Polyurethane Resin Market Revenue Share, By Companies, 2024 |
10.2 India Polyurethane Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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