Press release
Automotive Polyurethane Market in MEA 2024 Key Players BASF, Johnson Controls, The Dow Chemical Company, Huntsman Corporation, Kuwait Polyurethane Industry w.l.l, DeltaChem Middle East LLC
Sample copy of this report @
https://www.gminsights.com/request-sample/detail/2522
Polyurethane products are lightweight, durable and provides excellent corrosion resistance, sound absorption and insulation properties. These materials offer automobile manufacturers to produce seating’s which are easily recycled, assembled and disassembled. Additionally, coatings from these materials provides protection from oxidation and humidity along with providing glossy shine to vehicles. Growing consumer preferences towards high performance plastics as a substitute for conventional metals will stimulate the MEA PU market for automotive industry demand.
Good economic conditions along with higher disposable income of consumers and abundant availability of raw materials including crude oil, used in manufacturing of PU products will stimulate MEA polyurethane market for automotive industry growth. Middle East crude oil natural reserves accounted for over 8,02,846 million barrels in 2016 which propagates transport sector growth in the region. Government initiatives along with rising investments of international players in Iran crude oil production are likely to boost crude oil production, promoting MEA polyurethane market for automotive industry growth.
Morocco polyurethane market for automotive industry is expected to surpass USD 55 million in the projected timeframe. The country is considered an automotive hub in North Africa owing to availability of labor at cheaper costs along with rising government initiatives and constitutions making it attractive for foreign investors. Plastic materials incorporated into automotive interiors helps in reducing the overall vehicle’s weight to a large extent which further minimizes the CO2 emission and provides cost savings.
Browse Complete Summary of this report @
https://www.gminsights.com/industry-analysis/mea-polyurethane-market
MEA PU market for automotive industry demand from cushion overlay application may witness growth at over 4% over the forecast period. Cushions used in automotive car seats provides pleasurable driving experience along with maximizing ease and flexibility for passengers. Rising consumer demand for maximum safety and comfort along with enhanced aesthetics will majorly influence the PU market size.
Modern vehicles consist of high amount of plastics which accounts for approximately 50 percent of the overall volume and 10 percent of the overall weight of the vehicle. The production of light weight vehicles, increasing sustainability and reduced fuel consumption highly provides valuable aesthetics. Rising passenger vehicle production along with increasing consumer demand for vehicle aesthetics is expected to foster market demand.
MEA polyurethane market for automotive industry in UAE is likely to register gains close to 2% over the forecast period. Rising infrastructure spending, low interest rates and divergence of demographics & affluence levels will drive the demand for light vehicle in the region. Growing demand for premium and luxury cars owing to strong GDP and high investments in automobile infrastructural programs will propel country industrial growth, thereby enhancing product demand.
Make an inquiry for purchasing this report @
https://www.gminsights.com/inquiry-before-buying/2522
TDI and MDI are widely used in the manufacturing of PU for the automobile sector. PU foams are gaining popularity and increasing usage in car seat padding owing to the freedom of geometric design along with material’s flexibility as they can be adjusted while manufacturing to achieve the level of comfort targeted for the car seat, resulting into growth of MEA polyurethane market for automotive industry.
BASF, Bayer, Johnson Controls, Huntsman, Dupont, Dow chemical, Raha, Poly products and Deltachem are the prominent industry participants in the polyurethane market for the automotive industry. OEM manufacturers are strong engaged in R&D activities in order to comply with government fuel emission standards along enhancing their product offerings and global reach by forming joint ventures and partnerships.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Polyurethane Market in MEA 2024 Key Players BASF, Johnson Controls, The Dow Chemical Company, Huntsman Corporation, Kuwait Polyurethane Industry w.l.l, DeltaChem Middle East LLC here
News-ID: 1203132 • Views: …
More Releases from Global Market Insights
Acoustic Diaphragm Market slated to observe traction for polypropylene material …
With a seismic rise in the demand for consumer products such a loudspeakers, mobile phones and earphones, acoustic diaphragm market size is slated to surge in the next five years. Notably, acoustic diaphragm tends to inter-convert mechanical vibration to sounds and has become highly popular in headphones and speakers.
Market penetration of materials such as paper, polycarbonate, polypropylene, carbon fiber and aluminum has become more pronounced in the past several…
How will increasing demand for stainless steel transform the Ferroalloys Market …
One of the recent breakthroughs in the global ferroalloys market is the potential acquisition of Ferro Alloys Corporation by Vedanta- a natural resource company early this year. As per reliable sources, the acquisition is expected to complement Vedanta’s current steel business considering the fact that integration of Ferro manufacturing capabilities would offer the possibility to generate significant efficiencies.
Meanwhile, yet other company, Boston Metal has declared having raised over USD 20…
Polyphenylsulfone Market 2021 | Regional Insights & Growth Forecast To 2025
The polyphenylsulfone market will witness significant expansion with the rise in healthcare concerns and the growing requirement for biocompatible products. Polyphenylsulfone is a high-performance thermoplastic that is amorphous, heat-resistant, and transparent. It showcases high sterilization properties and is widely employed as an alternative for polyetheretheketone and polyaryletherketone. Furthermore, the polymer sees large adoption across various verticals of the healthcare sector to offer superior dimensional stability and higher resistance against…
Cosmetic Contact Lens Market 2021: Industry Growth, Competitive Analysis, Future …
Increasing trend of using colored contact lenses may have a positive impact on cosmetic contact lens market outlook. Rising popularity of customized lenses with attractive colors, shades and textures for improving eye appearance is likely to propel industry size. Proliferation of entertainment, online and social media platforms are helping boost the adoption of such lenses.
Cosmetic contact lenses are available in several colors such as blue, green, brown, hazel, grey, violet…
More Releases for MEA
Stearamide MEA Sales Market Size Analysis by Application, Type, and Region: Fore …
USA, New Jersey- According to Market Research Intellect, the global Stearamide MEA Sales market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for stearamide MEA (monoethanolamine) sales is expanding steadily due to its growing application in a variety of sectors, including rubber, plastics, and…
MEA Systems Market Size 2024 to 2031.
Market Overview and Report Coverage
MEA Systems Market refers to the market for Middle East and Africa Systems, which includes various technologies and services aimed at improving efficiency and productivity in different industries across the region. This market comprises of various segments such as industrial automation, process control systems, communication systems, and software solutions.
The MEA Systems Market is expected to witness significant growth in the coming years, with a…
Monoethylamine (MEA) Market 2022 | Detailed Report
This report provides an informative view about the competitive aspect of the global market. It includes detailed picture of the exhibition of a portion of the essential global players working in the Monoethylamine (MEA) market. The research study also provides historical record with profits predictions and forecasts from 2022 to 2028. Also, the business manufacturing of the notable manufacturers is also emphasized with technical data in the report.
This report is…
Specialty Chemicals Increasing Farm Productivity in MEA
The Middle East and Africa (MEA) specialty chemicals market will grow at a CAGR of 5.3% during the forecast period (2018–2023), owing to the surging use of agrochemicals in African countries and increasing construction activities for the establishment of new commercial centers, industrial plants, and housing units. Moreover, the revival of the oil and gas industry will facilitate the market growth in the foreseeable future. According to P&S Intelligence, the…
Starch Market - MEA Industry Report, 2030
Albany, NY - MEA Starch Market: Introduction
The revenue generated from the MEA starch market is estimated to value over US$ 1.7 Bn in 2020, which is projected to grow at a CAGR of 4.7%, to surpass US$ 2.7 Bn by 2030.
Download PDF Brochure -https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1348
Skyrocketed Demand for Processed Food Amps Up Market Growth
The starch finds large applications in the food industry. Processed food manufacturers have been increasing demand for starch, owing…
Europe & MEA Inertial Navigation System Market 2019-2027 / Europe & MEA include …
The report covers the forecast and analysis of the Europe & MEA inertial navigation system market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the Europe & MEA inertial navigation system market along with the impact they have on the demand over the…
