Polyurethane Chemcials & Products in the Americas
This is the fourth volume in a series of eight, examining the market for polyurethane
chemicals and their use in the manufacture of polyurethane products in the
Americas. This volume focuses specifically on polyurethane coatings.
The titles of all eight volumes are:
Volume 1: Raw Materials
Volume 2: Flexible Foam
Volume 3: Rigid Foam
Volume 4: Coatings
Volume 5: Adhesives and Sealants
Volume 6: Elastomers
Volume 7: Binders
Volume 8: End-use Markets
Each volume can be used alone and includes a summary containing details of the
total use of polyurethane chemicals.
This new study revises and updates IAL’s research of the polyurethane industry in
the Americas. It builds upon ongoing research into various sectors conducted in
recent years. The information contained within this report is based upon an
extensive programme of interviews throughout the industry, involving raw materials
producers and suppliers, end users, systems houses and relevant trade
associations and industry experts.
Most research for this report was undertaken during the first half of 2023. This
report therefore contains both PU product production and raw material
consumption figures for the year 2022 and forecasts to 2027.
SCOPE OF THE STUDY
This report describes the supply and demand of raw materials in the following
geographic regions:
North America
Canada
USA
Mexico
Information provided in this volume has been obtained from existing in-house data
and an extensive programme of interviews with leading product manufacturers,
trade associations, raw materials producers and systems houses across the
Americas. Published data and statistics have also been reviewed in order to
produce as accurate figures as possible for the consumption of raw materials in the
production of polyurethane products.
Forecasts for the production of PU products and consumption of raw materials
have been calculated for the year 2027, based upon industry and economic
forecasts, as well as other relevant commercial and technical issues likely to affect
individual market sectors and products. Detailed market analyses of all product
sectors are presented in the relevant volumes.
Slight discrepancies in the totals may occur, due to rounding.
PRODUCTS AND END USES
The production of polyurethane coatings and related raw material demand is
broken down as follows:
UNITS OF VOLUME
All the volumes quoted in this report relate to tonnes of finished PU coatings and
tonnes of raw material consumed, including the additives, fillers and other
materials.
South America
Argentina
Brazil
Chile
Colombia
Peru
Venezuela
Rest of South America
- Architectural Coatings
- Marine
- Automotive OEM
- Plastic Coatings
- Automotive Refinish
- Roof, Tank & Deck
- Commercial Vehicles
- Textile & Leather Coatings
- Industrial Coatings
- Wood/Furniture Coatings
- Maintenance Coatings
- Other
The forecasts included in this report are based upon industry comments and
economic indicators. It can be difficult to present a summary of forecasts for all the
various types of polyurethane materials because of the many different factors that
may affect the market. Manufacturers themselves are often unable to agree
whether a market will increase or decrease, preferring instead to quote the factors
most likely to influence it.
Forecasts for changes in production by product type and by each application are
given for each country covered in this report. These are five-year forecasts, derived
from industry comments and expectations, both from the end users and raw
material sectors of the polyurethane industry. Forecasts for production in 2027 are
given alongside the actual production figures provided for 2022. Additional
statistical information to support the market figures for each end-use sector is
provided in Volume 8 of this report.
FORMULATIONS
The multitude of proprietary formulations used in the various product sectors of the
polyurethanes industry means that a number of assumptions have to be
necessarily made with respect to product formulations.
In this section, the assumptions made (expressed as % w/w formulations) in
calculating raw material consumption by product are presented. Since volumes are
derived from the below formulations, figures therefore are presented as exact
figures.