Global Polyurethanes Market 2025
The global polyurethanes market faced another decline in 2024, shrinking by X% to reach $X. This marks the second consecutive year of contraction after a brief period of growth. Both production and trade volumes showed modest changes, reflecting ongoing shifts in the industry.
Production of polyurethanes dipped slightly in 2024, settling at $X. The overall trend has remained relatively stable over the years, with no sharp increases or decreases. Consumption followed a similar pattern, peaking at $X before levelling off.
Exports of primary polyurethanes fell to $X in 2024, continuing a fluctuating trend seen since 2012. The total volume shipped abroad also decreased marginally to X tons, matching 2023 levels. China, Germany, and the United States remained the top three exporters, maintaining their dominance in the market. On the import side, overseas purchases of primary polyurethanes rose by X% to X tons in 2024. This rebound came after two years of decline. However, the total value of imports dropped modestly to $X, with the average price per ton falling by X% compared to 2023.
The polyurethanes sector experienced mixed results in 2024, with exports and production declining while imports saw a slight recovery in volume. The market’s overall value continued to shrink, reflecting broader challenges in the industry. China, Germany, and the United States stayed at the forefront of global trade, shaping supply dynamics.
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