The global polyols market maintained a generally stable to upward price trend in Q2 2025, shaped by regional supply disruptions, raw material costs, and steady demand. IMARC Group’s latest publication, Polyols Price Trend, Index and Forecast Data Report 2025 Edition, provides updated insights for Q2 2025, highlighting the way regions such as North America, Asia Pacific, Latin America, and Africa have influenced the overall market trajectory. The report also captures how stable demand from high-performance industries balanced supply chain challenges, while fluctuations in raw materials like propylene oxide and ethylene oxide impacted production costs across major markets.
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Polyols prices underscore the material’s essential role in high-performance industries such as automotive, construction, and electronics, with consistent demand and supply-chain dynamics contributing to a stable to upward global price trend.
USA
Prices reached USD 2,038/MT in June 2025, driven by fluctuating feedstock costs, especially propylene oxide and ethylene oxide. Planned maintenance at major facilities and Gulf Coast logistics disruptions added pressure, though stable demand from construction and automotive sectors prevented steep declines.
China
Polyols were priced at USD 1,280/MT during the second quarter of 2025 due to high raw material costs and stricter environmental regulations causing production halts. Export delays from port congestion and inspection protocols further influenced regional supply chains, while domestic insulation and furniture sectors sustained steady consumption.
Thailand
Q2 2025 prices stood at USD 2,150/MT, impacted by limited shipments of imported feedstocks from Asian suppliers. The automotive and appliance industries maintained consistent demand, while exchange rate volatility and elevated maritime freight costs added to landed input prices.
Brazil
At USD 1,730/MT, Brazilian pricing was affected by currency depreciation and dependency on imported feedstocks during Q2 2025. Consistent construction demand supported offtakes, but port delays and raw material disruptions contributed to supply chain inefficiencies.
South Africa
Prices settled at USD 1,705/MT in June 2025, with shipping delays and port inefficiencies challenging feedstock imports. Demand from construction and refrigeration sectors remained resilient, although local production costs fluctuated due to energy price movements and transport constraints.
The global polyols market reached a value of USD 29.43 Billion in 2024 and is projected to grow to USD 47.66 Billion by 2033, expanding at a CAGR of 5.23% during 2025-2033. Polyols are a key component in the production of polyurethane, which is widely used in automotive, construction, and insulation applications due to its durability, lightweight properties, and energy efficiency. Rising demand for sustainable and bio-based alternatives is further influencing market developments.
The market is driven by increasing demand for flexible foams in bedding and furniture, as well as their use in insulation materials for energy-efficient buildings and electronic components. Growing applications in medical devices and wound care products, along with the expanding global footwear market, are also major contributors to this growth. Additionally, R&D investments focused on bio-based polyols and advanced formulations are reinforcing the industry’s upward trajectory.
The polyols industry is experiencing steady growth, driven by the increasing use of polyurethane in automotive, construction, and furniture applications. The report highlights the market’s expansion, supported by demand for lightweight, durable materials in vehicles and efficient insulation solutions in the building sector. Advancements in production processes have improved the performance characteristics of polyurethane products, enhancing their adoption across multiple industries. Furthermore, the global shift toward energy efficiency and the need for superior sealing and insulation materials are reinforcing the role of polyols as a critical raw material in high-performance applications worldwide.
Consumer preference for eco-friendly and sustainable products is significantly shaping the polyols market. The rise of bio-based polyols, developed from renewable resources, is a response to growing environmental awareness and stricter regulations on synthetic chemicals. Key sectors such as personal care, electronics, and medical devices are increasing their use of polyols due to their versatile properties, including durability and safety. Expanding footwear production, where polyols are used for soles and insoles, also contributes to demand growth. These trends, combined with ongoing R&D, position the industry for sustained expansion in the coming years.
IMARC’s report incorporates forecasting models that project near-term price movements based on evolving trade policies, raw material supply, and technological trends. These tools enable businesses to mitigate risk, enhance sourcing strategies, and support long-term planning.