Press release
Polyurethane Additives Market Globally by 2023: Top Key Players - Aramco Performance Materials, Braskem, Cortec, DRD Additives, Emery Oleochemicals, Functional Products, GEO Specialty Chemicals
Marketprognosis.com Publish a New Market Research Report On “Polyurethane Additives Market - Segmented by Product Type, Application, End-User, and Geography - Growth, Trends, and Forecast (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.Overview of the Global Polyurethane Additives Market:
The Global Polyurethane Additives Market is estimated to grow at a moderate to high rate during the forecast period, 2018-2023. Asia-Pacific is expected to witness highest growth in the demand for polyurethane during the forecast period, owing to the rising demand from automotive and construction industry.
In Building and Construction, polyurethanes are used to make high-performance products that are strong but lightweight, perform well and are durable and versatile. Polyurethane products also can help enhance the aesthetic design of homes and buildings. The building & construction industry is expected to show significant growth for construction over the next decade propelled from emerging markets in India, China, Asia Pacific, South America, Middle East & Africa, and parts of East Europe. A key change is anticipated to be witnessed that, China overtake the US as the largest construction market much sooner than its overall economy is expected to surpass the US.
Get a Sample Copy of this Report @ https://www.marketprognosis.com/sample-request/15763 .
The mattress and furnishing industries accounted for more than two thirds of the flexible PU Foam market in fiscal year 2016 and more than 45% of the entire flexible PU Foam market. Going forward, it is estimated that the improving penetration of mattresses (foam, coir and spring) will drive demand for flexible PU Foam. Molded PU Foam is predominantly consumed by the automobile industry, commanding nearly 85% of the molded PU Foam market, and more than 30% of the entire flexible PU Foam market. Increasing automobile production is expected to drive demand for molded PU Foam, which, in turn, is anticipated to drive the additives demand in polyurethane industry.
The global focus of PU is currently on Asia-Pacific as well as the Middle East countries. China, India, Thailand, and Vietnam are some of the key markets for PU due to their large population base and low per capita consumption of PU compared to developed countries, such as Germany or the United States. China is the largest consumer of PU as it is the largest producer of footwear and automobiles globally. Approximately 65% of the world’s footwear is manufactured in China and approximately 15% is produced in India, Vietnam, and Indonesia, combined. As a result, Asia-Pacific accounted for almost 45% of the global PU consumption by volume. India and China alone manufacture approximately 50% of the world’s cars and, in turn, consume approximately 50% of the PU used for automobiles globally.
Purchase this report online with Top Key Players Analysis and List of Tables & Figure @ https://www.marketprognosis.com/buyReport/15763 .
Major Key Players:
1 Aramco Performance Materials LLC
2 Braskem
3 Cortec Corporation
4 DRD Additives
5 Emery Oleochemicals
6 Functional Products
7 GEO Specialty Chemicals Inc.
8 Hankuck Latices and More………….
This study answers to the below key questions:
1 What will the market size be in 2023 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
Any Query? Ask to our Expert @ https://www.marketprognosis.com/enquiry/15763 .
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Polyurethane Additives Market.
Table of Contents:
1 Introduction
2 Executive Summary
3 Market Insights
5 Market Segmentation and Analysis (Growth, Size, and Forecast)
6 Regional Market Analysis (Market Size, Growth, and Forecast)
7 Competitive Landscape
8 Company Profiles
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
Contact us:
ProgMark Pvt. Ltd.
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sales@marketprognosis.com
+1 973 241 5193
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