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China Polyurethanes System Market Research Report Forecast to 2030

Publisher Market Research Future
Published Sep 14, 2023
Length 97 Pages
SKU # RESFT18188181

Description

China Polyurethanes System Market Research Report Forecast to 2030


The China polyurethanes system market is expected to grow at a CAGR of 5.7% over the forecast duration of 2023-2030. The polyurethane system market was valued at USD 39,630.28 million in 2022 and is expected to reach USD 61,535.69 million by 2030.

The China polyurethanes system market is driven by the increasing market demand due to the growth in furniture industry. With a significantly high population and increasing standards of living in China, Individuals are willing to spend more on luxury and comfort goods. With rapid urbanization in the country, there is a growing demand for cushioning, bedding and mattresses which is expected to drive demand for polyurethanes system applications of us of foams for added comfort and luxury. At the same time the polyurethanes market in China is driven by rising building & construction sector, when foam applications of polyurethane system are used for sealing, adhesives, and insulation. With rising infrastructural investments in the Chinese economy to boost market growth, the government is increasingly investing in construction activities leading to a flourishing demand for polyurethanes systems in China.

However, the exposure risks and health concerns related to the two components are expected to curb market growth. The two primary components of polyurethane system isocyanates and polyols have shown to negative impact on health of individual exposed to them and adversely impact the environment during the manufacturing process, hence the negative impact of these components can restrain market growth in China. Also, the fluctuating crude oil prices and rising substitute demand is expected to impact market growth.

Market Segmentation
Based on component, the China polyurethanes system market has been segmented into polyol (polyester polyol, polyether polyol, and others) and isocyanate (MDI, TDI, PMDI, and others).

Based on additives, the China polyurethanes system market has been segmented into crosslinkers, catalysts, stabilizers, and others.

Based on the application, the China polyurethanes system market has been segmented into rigid foam, flexible foam, paints & coatings, additives & sealants, elastomers, binders, and others.

Based on end use, the China polyurethanes system market has been segmented into building & construction, furniture, automotive, packaging, electronics, footwear, and others.

Major Players
BASF SE, COVESTRO AG, The Dow Chemical Company (TDCC), Mitsubishi Chemical Corporation, Concentrol, Wanhua Chemical Group Co., Ltd, Huntsman Corporation (Huntsman), Lanxess, RAMPF Group, Shandong INOV Polyurethane Co., Ltd., and Green View Technology and Development Co., Ltd among others are the major companies in the market.

Companies Mentioned
BASF SE
COVESTRO AG
The Dow Chemical Company (TDCC)
Mitsubishi Chemical Corporation
Concentrol
Wanhua Chemical Group Co.
Ltd
Huntsman Corporation (Huntsman)
Lanxess
RAMPF Group
Shandong INOV Polyurethane Co.
Ltd.
and Green View Technology and Development Co.
Ltd

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

97 Pages
1 Executive Summary 11
1.1 Market Attractiveness Analysis 13
1.2 China Polyurethanes System Market, By Components, 2022 14
1.3 China Polyurethanes System Market, By Additives, 2022 15
1.4 China Polyurethanes System Market, By Application, 2022 16
1.5 China Polyurethanes System Market, By End Use, 2022 17
2 Market Introduction 18
2.1 Definition 18
2.2 Scope Of The Study 18
2.3 Research Objective 18
2.4 Market Structure 19
3 Research Methodology 20
3.1 Research Process 20
3.2 Primary Research 21
3.3 Secondary Research 22
3.4 Market Size Estimation 22
3.5 Top-down & Bottom-up Approach 23
3.6 Forecast Model 24
3.7 List Of Assumptions 25
4 Market Dynamics 26
4.1 Overview 26
4.2 Drivers 28
4.2.1 Furniture Industry Growth To Drive The Market Demand 28
4.2.2 Rising Demand From Building & Construction Sector 29
4.3 Restraints 31
4.3.1 Exposure Risk And Environmental Concerns Related To Components 31
4.3.2 Fluctuating Crude Oil Prices And Rising Substitute Demand 32
4.4 Opportunities 34
4.4.1 Growing Demand For Sustainable And Bio-based Polyurethane 34
5 Market Factor Analysis 35
5.1 Supply Chain Analysis 35
5.1.1 Raw Material Suppliers 36
5.1.2 Polyurethane System Manufacturers 36
5.1.3 Distribution & Sales Channel 36
5.1.4 End Use Industry 37
5.2 Porter's Five Forces Model 37
5.2.1 Threat Of New Entrants 38
5.2.2 Bargaining Power Of Suppliers 38
5.2.3 Threat Of Substitutes 38
5.2.4 Bargaining Power Of Buyers 39
5.2.5 Intensity Of Rivalry 39
5.3 Market Trend Analysis 39
5.3.1 Automotive Industry Boom Lead By Electric Vehicles In China Driving Polyurethane
System Market 39
5.4 Impact Of Covid-19 On The China Polyurethanes System Market 40
5.4.1 Impact Of Covid-19 On The Supply Chain 40
5.4.2 Qualitative Analysis Of Change In Demand From End Use Industry 41
5.5 Price Analysis – By Region (Usd/Ton) 41
5.6 China Polyurathane Trade Analysis, 2022* 42
6 China Polyurethanes System Market, By Components 44
6.1 Overview 44
6.2 China Polyurethanes System Market Size, Market Estimates & Forecast By Component,
2019-2030 45
6.2.1 China Polyurethanes System Marketsize: Market Estimates & Forecast By Component,
2019-2030 45
6.3 China Polyurethanes System Market Size, Market Estimates & Forecast By Component,
2019-2030 47
6.3.1 China Polyurethanes System Marketsize: Market Estimates & Forecast By Component,
2019-2030 47
7 China Polyurethanes System Market, By Additives 48
7.1 Overview 48
7.2 China Polyurethanes System Market Size, Market Estimates & Forecast By Additive, 2019-2030 49
7.2.1 China Polyurethanes System Marketsize: Market Estimates & Forecast By Additive, 2019-2030 49
7.3 China Polyurethanes System Market Size, Market Estimates & Forecast By Additive, 2019-2030 50
7.3.1 China Polyurethanes System Market Size: Market Estimates & Forecast By Additive, 2019-2030 50
8 China Polyurethanes System Market, By Application 51
8.1 Overview 51
8.2 China Polyurethanes System Market Size, Market Estimates & Forecast By Application,
2019-2030 52
8.2.1 China Polyurethanes System Marketsize: Market Estimates & Forecast By Application,
2019-2030 52
8.3 China Polyurethanes System Market Size, Market Estimates & Forecast By Application,
2019-2030 53
8.3.1 China Polyurethanes System Market Size: Market Estimates & Forecast By Application,
2019-2030 53
9 China Polyurethanes System Market, By End Use 54
9.1 Overview 54
9.2 China Polyurethanes System Market Size, Market Estimates & Forecast By End Use, 2019-2030 55
9.2.1 China Polyurethanes System Marketsize: Market Estimates & Forecast By End Use,
2019-2030 55
9.3 China Polyurethanes System Market Size, Market Estimates & Forecast By End Use, 2019-2030 56
9.3.1 China Polyurethanes System Market Size: Market Estimates & Forecast By End Use,
2019-2030 56
10 Competitive Landscape 57
10.1 Introduction 57
10.2 Competitive Analysis 58
10.3 Major Growth Strategy In The China Polyurethanes System Market 58
10.4 Competitive Benchmarking 59
10.5 Key Developments And Growth Strategies 60
10.5.1 Product Launch 60
10.5.2 Expansion 61
10.5.3 Acquisition 61
11 Company Profiles 62
11.1 Basf Se 62
11.1.1 Company Overview 62
11.1.2 Financial Overview 63
11.1.3 Products Offered 64
11.1.4 Key Developments 64
11.1.5 Swot Analysis 65
11.1.6 Key Strategies 65
11.2 Covestro Ag 66
11.2.1 Company Overview 66
11.2.2 Financial Overview 67
11.2.3 Products Offered 67
11.2.4 Key Developments 68
11.2.5 Swot Analysis 68
11.2.6 Key Strategies 68
 
11.3 The Dow Chemical Company 69
11.3.1 Company Overview 69
11.3.2 Financial Overview 70
11.3.3 Products Offered 71
11.3.4 Key Developments 71
11.3.5 Swot Analysis 72
11.3.6 Key Strategies 72
11.4 Mitsubishi Chemical Corporation 73
11.4.1 Company Overview 73
11.4.2 Financial Overview 74
11.4.3 Products Offered 74
11.4.4 Key Developments 75
11.4.5 Swot Analysis 75
11.4.6 Key Strategies 75
11.5 Concentrol 76
11.5.1 Company Overview 76
11.5.2 Financial Overview 76
11.5.3 Products Offered 76
11.5.4 Key Developments 76
11.5.5 Swot Analysis 77
11.5.6 Key Strategies 77
11.6 Wanhua Chemical Group Co., Ltd. 78
11.6.1 Company Overview 78
11.6.2 Financial Overview 79
11.6.3 Products Offered 80
11.6.4 Key Developments 80
11.6.5 Swot Analysis 81
11.6.6 Key Strategies 81
11.7 Huntsman Corporation 82
11.7.1 Company Overview 82
11.7.2 Financial Overview 83
11.7.3 Products Offered 83
11.7.4 Key Developments 84
11.7.5 Swot Analysis 84
11.7.6 Key Strategies 84
 
11.8 Lanxess 85
11.8.1 Company Overview 85
11.8.2 Financial Overview 86
11.8.3 Products Offered 87
11.8.4 Key Developments 87
11.8.5 Swot Analysis 88
11.8.6 Key Strategies 88
11.9 Rampf Group 89
11.9.1 Company Overview 89
11.9.2 Financial Overview 89
11.9.3 Products Offered 89
11.9.4 Key Developments 89
11.9.5 Swot Analysis 90
11.9.6 Key Strategies 90
11.10 Shandong Inov Polyurethane Co., Ltd. 91
11.10.1 Company Overview 91
11.10.2 Financial Overview 91
11.10.3 Products Offered 91
11.10.4 Key Developments 91
11.10.5 Swot Analysis 92
11.10.6 Key Strategies 92
11.11 Green View Technology And Development Co., Ltd. 93
11.11.1 Company Overview 93
11.11.2 Financial Overview 93
11.11.3 Products Offered 93
11.11.4 Key Developments 94
11.11.5 Swot Analysis 94
11.11.6 Key Strategies 94
12 Appendix 95
12.1 References 95
12.2 Related Reports 96
 
List Of Tables
Table 1 List Of Assumptions 25
Table 2 China Polyurethanes System Market, Price Analysis (Usd/Ton), 2019-2024 41
Table 3 China Polyurethanes System Market, Price Analysis (Usd/Ton), 2025-2030 41
Table 4 China Isocyanate Mdi (By Component) Market, Import, 2022 (Tons)* 42
Table 5 China Isocyanate Mdi (By Component) Market, Export, 2022 (Tons)* 42
Table 6 China Polyurethanes Market, Import, 2022 (Tons)* 43
Table 7 China Polyurethanes Market, Export, 2022 (Tons)* 43
Table 8 China Polyurethanes System Marketestimates & Forecast, By Component, 2019-2030 (Usd Million) 45
Table 9 China Polyurethanes System Marketestimates & Forecast, By Component, 2019-2030 (Kilotons) 47
Table 10 China Polyurethanes System Marketestimates & Forecast, By Additive, 2019-2030 (Usd Million) 49
Table 11 China Polyurethanes System Market Estimates & Forecast, By Additive, 2019-2030 (Kilotons) 50
Table 12 China Polyurethanes System Market Size, By Application, 2019-2030 (Usd Million) 52
Table 13 China Polyurethanes System Market Size, By Application, 2019-2030 (Kilotons) 53
Table 14 China Polyurethanes System Marketestimates & Forecast, By End Use, 2019-2030 (Usd Million) 55
Table 15 China Polyurethanes System Market Estimates & Forecast, By End Use, 2019-2030 (Kilotons) 56
Table 16 Product Launch/ Product Innovation 60
Table 17 Expansion 61
Table 18 Acquisition 61
Table 19 Basf Se: Products Offered 64
Table 20 Basf Se: Key Developments 64
Table 21 Covestro Ag: Products Offered 67
Table 22 The Dow Chemical Company: Products Offered 71
Table 23 The Dow Chemical Company: Key Developments 71
Table 24 Mitsubishi Chemical Corporation: Products Offered 74
Table 25 Mitsubishi Chemical Corporation: Key Developments 75
Table 26 Concentrol: Products Offered 76
Table 27 Wanhua Chemical Group Co., Ltd: Products Offered 80
Table 28 Huntsman Corporation: Products Offered 83
Table 29 Lanxess: Products Offered 87
Table 30 Rampf Group: Products Offered 89
Table 31 Shandong Inov Polyurethane Co., Ltd.: Products Offered 91
Table 32 Green View Technology And Development Co., Ltd.: Products Offered 93
 
List Of Figures
Figure 1 Market Synopsis 12
Figure 2 Market Attractiveness Analysis: China Polyurethanes System Market, 2022 13
Figure 3 China Polyurethanes System Market Analysis By Compoenents (Usd Million) 14
Figure 4 China Polyurethanes System Market Analysis By Additives (Usd Million) 15
Figure 5 China Polyurethanes System Market Analysis By Application (Usd Million) 16
Figure 6 China Polyurethanes System Market Analysis By End Use (Usd Million) 17
Figure 7 China Polyurethanes System Market: Market Structure 19
Figure 8 Research Process Of Mrfr 20
Figure 9 Market Dynamics: China Polyurethanes System Market 26
Figure 10 China Furniture Industry Revenue 2021-2027 28
Figure 11 China Construction Output Value 2019-2022 30
Figure 12 Drivers: Impact Analysis 31
Figure 13 Restraint: Impact Analysis 33
Figure 14 Supply Chain Analysis: China Polyurethanes System Market 35
Figure 15 Porter's Five Forces Analysis: China Polyurethanes System Market 37
Figure 16 China Polyurethanes System Market, By Component, 2019 To 2030 (Usd Million) 44
Figure 17 China Polyurethanes System Market, By Component, 2019 To 2030 (Kilotons) 46
Figure 18 China Polyurethanes System Market, By Additives, 2019 To 2030 (Usd Million) 48
Figure 19 China Polyurethanes System Market, By Additive, 2019 To 2030 (Kilotons) 50
Figure 20 China Polyurethanes System Market, By Application, 2019 To 2030 (Usd Million) 51
Figure 21 China Polyurethanes System Market, By Application, 2019 To 2030 (Kilotons) 53
Figure 22 China Polyurethanes System Market, By End Use, 2019 To 2030 (Usd Million) 54
Figure 23 China Polyurethanes System Market, By End Use, 2019 To 2030 (Kilotons) 55
Figure 24 China Polyurethanes System Major Players Market Share Analysis, 2022 (%) 57
Figure 25 Benchmarking Of Major Competitors 59
Figure 26 Basf Se: Financial Overview Snapshot 63
Figure 27 Basf Se: Swot Analysis 65
Figure 28 Covestro Ag: Financial Overview Snapshot 67
Figure 29 Covestro Ag: Swot Analysis 68
Figure 30 The Dow Chemical Company: Financial Overview Snapshot 70
Figure 31 The Dow Chemical Company: Swot Analysis 72
Figure 32 Mitsubishi Chemical Corporation: Financial Overview Snapshot 74
Figure 33 Mitsubishi Chemical Corporation: Swot Analysis 75
Figure 34 Concentrol: Swot Analysis 77
Figure 35 Wanhua Chemical Group Co., Ltd: Swot Analysis 81
Figure 36 Huntsman Corporation: Swot Analysis 84
Figure 37 Lanxess: Swot Analysis 88
Figure 38 Rampf Group: Swot Analysis 90
Figure 39 Shandong Inov Polyurethane Co., Ltd.: Swot Analysis 92
Figure 40 Green View Technology And Development Co., Ltd.: Swot Analysis 94

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