CPI Survey Reveals Strength of Polyurethanes Across U.S., Canada and Mexico
1.6% growth rate in polyurethane production between 2018 – 2021
The Center for the Polyurethanes Industry announced the results of a three-year survey on the polyurethanes industry in the United States, Canada and Mexico on Sept. 6. The 2021 End-Use Market Survey on the Polyurethanes Industry in the United States, Canada and Mexico shows that polyurethane production rose to over 9.4 million pounds. U.S. polyurethane production rose in several major product segments between 2018 and 2021, with the most significant growth in the rigid foam market.
The survey’s high-level results illustrate that demand for polyurethanes remained steady even throughout the coronavirus pandemic. Markets that use polyurethane products, like outdoor leisure equipment and housing construction, experienced a surge in demand, continuing to drive growth in the polyurethanes industry.