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Polyurethane Market – Potential Opportunities and Company Analysis

asianewswire.net by asianewswire.net
July 18, 2022
in Press Releases
Polyurethane Market – Potential Opportunities and Company Analysis
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(EMAILWIRE.COM, July 18, 2022 ) The report “Polyurethane Market by Raw Material (MDI, TDI, Polyols), Product (Coatings, Adhesives & Sealants, Flexible & Rigid Foams, Elastomers), End User (Building & Construction, Automotive & Transportation, Bedding & Furniture) – Global Forecast to 2021″, The market is driven by the increasing trend in manufacturing light weight & low carbon emitting vehicles and the improved living standards. The global polyurethane market was valued at USD 41.83 Billion in 2015 and is projected to reach USD 56.76 Billion by 2021, at a CAGR of 5.6% from 2016 to 2021.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=151784541

Bedding & Furniture: Largest End-User of the Polyurethane Market

In 2015, the bedding & furniture end-use industry accounted for the largest market share in terms of volume, followed by the building and construction, appliances & white goods and automotive & transportation end-users. The major flexible foam consumers are the bedding & furniture end-users. The growing urbanization and the improved living standards of the populations, increasing usage of low cost material in the insulation of buildings, and white goods drives the polyurethane market.

Rigid Foam: The Fastest-growing Product Type Segment of the Polyurethane Market

Rigid foam products based on polyurethane systems are estimated to grow at the highest CAGR from 2016 to 2021, in terms of volume. The excellent properties of rigid foam products such as, easy availability, low cost, recyclability, and easy to use, are driving the demand for this segment.

Don’t miss out on business opportunities in Polyurethane Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=151784541

Browse in-depth TOC on “Polyurethane Market”
114 – Market Data Tables
52 – Figures
183 – Pages

Asia-Pacific: The Largest Market for Polyurethane
Currently, the Asia-Pacific region is the largest market for polyurethane, in terms of both, value and volume. China is the largest market for polyurethane. However, India and Thailand are the fastest-growing markets for polyurethane in the region.
The following factors are the main driving forces for the polyurethane market in the Asia-Pacific region:
• The increasing residential building & construction activities are driving the market in the Asia-Pacific region
• Growing automotive manufacturing activities are expected to drive the demand for polyurethane in the ASEAN countries
Covestro AG (Germany), BASF SE (Germany), The Dow Chemical Company (U.S.), Wanhua Chemical Group Co. Ltd. (China), and Huntsman Corporation (U.S.) are the key players in the polyurethane market.

Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=151784541

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



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