Key Market Indicators
Malaysia's polyurethane import is projected to increase to 22.1 million kilograms by 2026, up 1.3% from 2021's 20.1 million kilograms. Since 1994, the country's demand has decreased by 0.3% annually. In 2021, Brazil topped the rankings with 20.1 million kilograms, while Malaysia placed 23rd. India, Germany and Iran came in second, third and fourth, respectively. Malaysia's polyurethane export is expected to reach 28.3 million kilograms by 2026, representing a 2.1% year-on-year CAGR from 2021's 24.5 million kilograms. Since 1994, the country's supply has increased by 2.3% annually. The United Arab Emirates overtook Malaysia in 2021, coming in first with 24.5 million kilograms, while Malaysia ranked 15th. China, Italy and the United States followed in second, third and fourth places, respectively.