## The Polyurethane Industry in Iran: A Growing Market

The **polyurethane (PU) industry in Iran** is experiencing growth, driven by increasing local production and diverse applications across various sectors[1][5]. Polyurethane raw material consumption in Iran reaches **80,000 metric tons annually**, with a market value of **$250 million USD**[3].

### Overview of Polyurethane in Iran
– **Wide Range of Applications:** Polyurethanes are used in automotive, shoe, refrigeration, and furniture industries[5]. They have a wide range of types and are used in various applications, including automotive, furniture, construction, and more[2].
– **Local Production Surge:** A surge in local PU production has helped Iran become a net exporter of shoes and footwear[1]. By increasing its local production of PU and cutting back on imports, Iran has saved up to **$300 million** in hard currency spending per year[1].

### Key Components and Production
– **Raw Materials:** Most polyols used in the polyurethane industry are petroleum-based, with crude oil and coal as starting raw materials[6]. Polyurethanes are produced by the reaction of isocyanates with compounds containing active hydrogen, such as polyols, in the presence of catalysts and other additives[2].
– **Domestic Manufacturing:** Imen Polymer Chemie Co. designs and produces polyurethane tailored to customer needs, utilizing advanced laboratories and production lines[2]. Their raw materials, branded as IPC, are well-known in Iran’s polyurethane industry[2].

### Market Trends and Future Outlook
– **Import Trends:** While local production is increasing, Iranian imports of polyurethane are expected to reach 114 million kilograms by 2026, up from 101 million kilograms in 2021[4].
– **Investment Opportunities**: The growth of the PU industry in Iran presents significant investment opportunities across various sectors[5].
– **Exhibition Participation**: By actively participating in international exhibitions, companies aim to understand and assess customers’ needs more effectively, explore the latest industry trends, and gather insights that help tailor products and services[2].

### Strategic Focus
– **Quality Control**: An advanced quality control unit ensures that all products conform to the latest global and domestic standards[2]. A sample of each product is retained to better support customers if needed[2].
– **Customer Support**: Companies provide continuous support to customers in optimizing material usage, enhancing production levels, and reducing overall costs with the help of expert consultants[2].

 


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