The Global Polyurethane Sheets Market was valued at USD 2.85 Billion in 2024 and is projected to reach USD 4.01 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This expansion is fueled by growing demand across key end-use industries like automotive, aerospace, and construction, coupled with the rising adoption of high-performance, durable materials that offer superior abrasion resistance, flexibility, and chemical stability.

As industries increasingly prioritize material performance and sustainability, polyurethane sheets are becoming indispensable for gasketing, sealing, insulation, and protective applications. In this blog, we profile the Top 10 Companies in the Polyurethane Sheets Industry—specialists and global chemical leaders who are innovating in material science to meet evolving industrial demands.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Elastollan® thermoplastic polyurethane (TPU) sheets and films

BASF is a global chemical giant and a leading supplier of polyurethane raw materials and engineered sheet products. Their Elastollan® range is renowned for its exceptional mechanical properties, including high tear strength, elasticity, and resistance to oils and greases, making it ideal for demanding automotive and industrial applications.

Innovation and Sustainability Initiatives:

• Development of bio-based and recycled content TPU solutions
• Focus on circular economy principles for material lifecycles
• Global production network ensuring supply chain resilience

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9️⃣ 2. Covestro AG

Headquarters: Leverkusen, Germany
Key Offering: Baydur®, Bayflex® polyurethane systems for sheet production

Covestro is a world-leading supplier of high-tech polymer materials, including a comprehensive portfolio of polyurethane systems used to manufacture sheets for insulation, automotive interiors, and technical components. The company’s focus on innovation drives the development of materials with enhanced flame retardancy and improved environmental footprints.

Innovation and Sustainability Initiatives:

• Investment in CO₂ as a raw material for polyols
• Products compliant with stringent environmental and safety standards (e.g., REACH)
• Partnerships with manufacturers to develop custom sheet solutions

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8️⃣ 3. The Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: SPECFLEX™, VORANOL™ polyurethane systems for flexible and rigid sheets

Dow is a major player in the polyurethanes market, providing the chemical foundations for a wide array of sheet products. Their technologies are critical for producing sheets used in construction insulation, automotive NVH (Noise, Vibration, and Harshness) components, and industrial liners.

Innovation and Sustainability Initiatives:

• Advancements in energy-efficient insulation materials
• Commitment to sustainable chemistry and reducing product carbon footprint
• Global technical support and application development services

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7️⃣ 4. Huntsman Corporation

Headquarters: The Woodlands, Texas, USA
Key Offering: RUBIFLEX®, TEROL® polyether polyols for sheet applications

Huntsman’s Polyurethanes division is a key supplier of MDI-based systems and polyols used to create both flexible and rigid polyurethane sheets. Their materials are essential for applications requiring durability, such as conveyor belts, mining screen mats, and architectural panels.

Innovation and Sustainability Initiatives:

• Development of low-VOC (Volatile Organic Compound) formulations
• Focus on creating lighter-weight materials for automotive and aerospace
• Active in recycling and chemical recovery technologies for PU waste

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Polyurethane Sheets Market – View in Detailed Research Report

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6️⃣ 5. Rogers Corporation

Headquarters: Chandler, Arizona, USA
Key Offering: PORON® urethane foams, BISCO® silicone and urethane sheets

Rogers Corporation is a specialty materials innovator, producing high-performance polyurethane sheets known for their consistent cell structure and reliability. Their products are critical in electronics for gasketing and sealing, in transportation for cushioning, and in industrial equipment for noise damping.

Innovation and Sustainability Initiatives:

• Expertise in engineering materials for extreme environments
• Customizable sheet properties for specific OEM requirements
• Commitment to responsible manufacturing practices

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5️⃣ 6. Recticel NV/SA

Headquarters: Brussels, Belgium
Key Offering: Engineered polyurethane foams and flexible sheets

Recticel is a European leader in polyurethane chemistry, specializing in flexible foam solutions that are converted into sheets for bedding, furniture, automotive interiors, and technical applications. Their advanced production capabilities allow for precise control over density and firmness.

Innovation and Sustainability Initiatives:

• Strong focus on flame-retardant solutions for building safety
• Development of comfort and ergonomic products
• Investment in recycling technologies for post-industrial foam waste

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4️⃣ 7. Armacell International S.A.

Headquarters: Luxembourg City, Luxembourg
Key Offering: ArmaFlex® elastomeric foam sheets for insulation

Armacell is a global leader in flexible foam for equipment insulation. Their polyurethane-based sheets are predominantly used in HVAC-R (Heating, Ventilation, Air Conditioning, and Refrigeration) systems, providing excellent thermal efficiency and moisture resistance.

Innovation and Sustainability Initiatives:

• Pioneer in halogen-free flame retardant (FFR) insulation
• Products contributing to energy savings and reduced greenhouse gas emissions
• Global manufacturing presence supporting local supply chains

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3️⃣ 8. Saint-Gobain Performance Plastics

Headquarters: Courbevoie, France
Key Offering: NORBERT® and other engineered polyurethane sheet products

Saint-Gobain is a diversified materials science company offering high-performance polyurethane sheets for critical applications in material handling, mining, and manufacturing. Their sheets are valued for exceptional abrasion resistance and longevity.

Innovation and Sustainability Initiatives:

• Focus on solutions that extend equipment life and reduce downtime
• Development of custom-engineered sheet geometries
• Commitment to sustainable development and eco-design principles

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2️⃣ 9. Mitsui Chemicals, Inc.

Headquarters: Tokyo, Japan
Key Offering: TPU sheets and polyurethane raw materials

Mitsui Chemicals is a major chemical supplier in the Asia-Pacific region, producing thermoplastic polyurethane sheets that offer a unique balance of rubber-like elasticity and plastic-like processability. These are widely used in automotive components, sports equipment, and industrial fabrics.

Innovation and Sustainability Initiatives:

• Development of high-transparency and medical-grade TPUs
• Active in creating solutions for a circular economy
• Strong R&D focus on next-generation performance materials

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1️⃣ 10. LANXESS AG

Headquarters: Cologne, Germany
Key Offering: Adiprene® and Vibrathane® cast urethane pre-polymers for sheet molding

LANXESS is a leading specialty chemicals company, renowned for its high-performance urethane elastomers. While often processed into custom-molded parts, these materials form the basis for exceptionally durable sheets used in heavy-duty applications like mining screens, pump liners, and industrial rollers.

Innovation and Sustainability Initiatives:

• Expertise in polyurethane chemistry for extreme wear resistance
• Focus on improving productivity and efficiency for industrial customers
• Implementation of sustainable production processes

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Polyurethane Sheets Market – View in Detailed Research Report

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🌍 Outlook: The Future of Polyurethane Sheets Is Smarter and More Sustainable

The polyurethane sheets market is undergoing a significant transformation. While traditional applications continue to drive volume, the industry is rapidly innovating with bio-based feedstocks, enhanced recyclability, and smart material integrations.

📈 Key Trends Shaping the Market:

• Growing demand for lightweight materials in automotive and aerospace to improve fuel efficiency
• Stringent building codes and energy regulations boosting demand for high-performance insulation sheets
• Advancements in thermoplastic polyurethane (TPU) sheets for easier processing and recycling
• Increasing adoption of polyurethane sheets in medical devices and electronics for their biocompatibility and sealing properties

Get Full Report Here:
Polyurethane Sheets Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials—they’re pioneering the next generation of high-performance, sustainable polymer solutions for a wide range of global industries.

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