Polyurethane Chemcials & Products in the Americas - Flexible Foam

Polyurethane Chemcials & Products in the Americas - Flexible Foam

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.