PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1643653
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1643653
The global polyurethane composites market is projected to grow from USD 619.0 million in 2024 to USD 1,021.9 million by 2032, reflecting a compound annual growth rate (CAGR) of 6.6% during 2025-2032. This growth is fueled by the increasing adoption of polyurethane composites across industries such as automotive, aerospace, construction, and wind energy, owing to their versatility and superior performance characteristics.
Key Insights
Polyurethane composites are being widely used in various industries, including electrical and electronics, building and construction, and wind power, due to their durability, lightweight properties, and resistance to wear and tear.
The rising demand for electric vehicles, which require lightweight materials to enhance efficiency and range, is driving the adoption of polyurethane composites in the automotive sector.
In the aerospace industry, polyurethane composites are utilized in components like engine blades, interiors, brackets, and wings to achieve fuel efficiency and reduce aircraft weight.
Technological advancements, such as the development of polyurethane-graphene composites, are enhancing material properties like strength and conductivity, expanding their application potential.
The Asia-Pacific region holds the largest market share due to rapid industrialization and significant growth in the automotive and construction sectors. North America and Europe are also expected to experience notable growth, supported by technological advancements and the increasing demand for lightweight materials.