Iran’s automotive industry, after about 2 years inactivity, start to grow again. This inactivity due to the devaluation of national currency, cost increments and international sanctions.

From November 2013, after the Geneva agreement between Iran and group 5+1, positive signs of growth and restarting were seen in the Iran’s automotive industry.

It should be noted that, Iran automotive industry is the second most active industry of this country, after oil and gas industry, Accounting for 10% of Iran’s GDP.

Today Iran is one of the twenty largest automaker in the world and one of the largest in Asia. This industry directly employs about 500,000 people and many more in related industries.

In 2009, Iran produced more than 1.6 million cars, but in the last year decreased to 400,000.

By car production increment and the absence of famous international Polyurethane suppliers like: Bayer, BASF, Dow, Huntsman and etc in Iran’s Polyurethane market, Korean, Chinese and Turkish have good opportunity to expansion their market to Iran.

These days, lack of Polyurethane raw materials, cause to price increases in this market.

 Polyurethane Base automotive parts in Iran classify to Flexible, Rigid, Semi-Rigid, Elastomer, adhesive and other polyurethane systems.