Key Market Indicators
Spain is set to become a major player in the polyurethane market, with imports and exports projected to increase over the next five years. Imports are expected to reach 72.5 million kilograms by 2026, a 2.4% average year-on-year increase since 1994. In 2021, the United States topped the list of importing countries at 62.1 million kilograms, followed by India, Germany, and Iran. Exports are expected to reach 76.3 million kilograms by 2026, growing at a 1.2% annual rate since 1994. Last year, Singapore was the leading exporter at 70.2 million kilograms, followed by China, Italy, and the United States.
