Key Market Indicators
Oman's polyurethane exports are forecasted to grow at an annual rate of 5% over the next five years, reaching almost 600,000 kilograms in 2026. In 2021, Oman was ranked 45th in the world with 438,090 kilograms, lagging behind Iran in the number one spot. China, Italy, and the United States followed in second, third, and fourth place, respectively. Oman's polyurethane imports are predicted to increase at a 3.8% average rate annually and reach 6.9 million kilograms by 2026. In 2021, the country was ranked 47th in the world, with Bangladesh ahead of it in first place. India, Germany, and Iran were in second, third and fourth place, respectively. Since 2004, Oman's demand has risen by 15.1% each year.