| Product Code: ETC5309251 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus continues to see a significant influx of polyurethane resin imports in 2024, with key exporting countries being Greece, Germany, Italy, UK, and Netherlands. The market remains highly concentrated with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 17.14%, reflecting sustained expansion. Moreover, the growth rate from 2023 to 2024 surged by 18.73%, indicating a rapid acceleration in import shipments. This trend underscores the strong demand for polyurethane resin in Cyprus and the continued prominence of these top exporting nations in the market.

In the Europe region, the Polyurethane Resin market in Cyprus is projected to expand at a stable growth rate of 1.51% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Polyurethane Resin Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Polyurethane Resin Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Polyurethane Resin Market - Industry Life Cycle |
3.4 Cyprus Polyurethane Resin Market - Porter's Five Forces |
3.5 Cyprus Polyurethane Resin Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Polyurethane Resin Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Cyprus Polyurethane Resin Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cyprus Polyurethane Resin Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Cyprus Polyurethane Resin Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Polyurethane Resin Market Trends |
6 Cyprus Polyurethane Resin Market Segmentations |
6.1 Cyprus Polyurethane Resin Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Polyurethane Resin Market Revenues & Volume, By Water-based PU Resin, 2021-2031F |
6.1.3 Cyprus Polyurethane Resin Market Revenues & Volume, By Solvent-based PU Resin, 2021-2031F |
6.1.4 Cyprus Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.2 Cyprus Polyurethane Resin Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Polyurethane Resin Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Cyprus Polyurethane Resin Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.4 Cyprus Polyurethane Resin Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.5 Cyprus Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cyprus Polyurethane Resin Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Polyurethane Resin Market Revenues & Volume, By Furniture, 2021-2031F |
6.3.3 Cyprus Polyurethane Resin Market Revenues & Volume, By Appliances, 2021-2031F |
6.3.4 Cyprus Polyurethane Resin Market Revenues & Volume, By Automotive fuel, 2021-2031F |
6.3.5 Cyprus Polyurethane Resin Market Revenues & Volume, By Footwear, 2021-2031F |
6.3.6 Cyprus Polyurethane Resin Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.7 Cyprus Polyurethane Resin Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cyprus Polyurethane Resin Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Polyurethane Resin Market Revenues & Volume, By Direct/Institutional Sales, 2021-2031F |
6.4.3 Cyprus Polyurethane Resin Market Revenues & Volume, By Retail Sales, 2021-2031F |
6.4.4 Cyprus Polyurethane Resin Market Revenues & Volume, By Other Channel Sales, 2021-2031F |
7 Cyprus Polyurethane Resin Market Import-Export Trade Statistics |
7.1 Cyprus Polyurethane Resin Market Export to Major Countries |
7.2 Cyprus Polyurethane Resin Market Imports from Major Countries |
8 Cyprus Polyurethane Resin Market Key Performance Indicators |
9 Cyprus Polyurethane Resin Market - Opportunity Assessment |
9.1 Cyprus Polyurethane Resin Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Polyurethane Resin Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Cyprus Polyurethane Resin Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cyprus Polyurethane Resin Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Cyprus Polyurethane Resin Market - Competitive Landscape |
10.1 Cyprus Polyurethane Resin Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Polyurethane Resin Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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