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September 20, 2022 11:11 AM

Polyurethane sees steady growth in North America

Rubber News
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    The polyurethanes industry in North America has grown 1.6 percent between 2018 and 2021, The Center for the Polyurethanes Industry reported Sept. 6.

    The CPI survey of polyurethanes, conducted by third-party group IAL Consultants, shows that raw material demand for the U.S., Canada and Mexico continued to increase over the last three years.

    The polyurethanes market topped out at more than 9.4 million pounds in 2021, driven by outdoor leisure and housing construction products and other rigid foam applications.

    "CPI's survey is one of the most trusted sources of information on the industry, and it clearly demonstrates the organization's role as the premier knowledge center for the North American polyurethanes industry," said Lee Salamone, senior director, CPI. "The past few years have demonstrated just how resilient the polyurethanes industry has been and continues to be during ongoing challenges such as COVID-19 and supply chain issues. We continue to see strong performance thanks to the many dedicated professionals who continue to innovate high performance products for North American consumers."

    Uniquely, the polyurethanes market has remained consistent during the pandemic, according to the CPI.

    The full report on the industry, comprising more than 300 pages of tables and charts and market information, will be available Oct. 7 at the online store for the American Chemistry Council, following the Polyurethanes Technical Conference in National Harbor, Md., set for Oct. 3-5.

    "This survey is invaluable information for anyone in the polyurethanes industry who needs to know how the industry has responded to shifts in demand and other market forces like the drive toward sustainability," Salamone said.

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