Polyurethane Pu Market Size, Share, Trend and Global Forecast 2026 Segmented by Top Companies like: Covestro, BASF SE, Mitsui Chemicals Inc., Eastman Chemical Corporation, INEOS, Mitsubishi Chemical Corporation

A new study published by Polaris Market Research indicates that the global polyurethane (PU) market generated USD 54.05 billion in 2017 and is anticipated to grow at a CAGR of 6.1% during the forecast period.

Request for a sample of this research report @ https://www.polarismarketresearch.com/industry-analysis/polyurethane-pu-market/request-for-free-sample

The market growth is primarily driven by the growing demand for light weight, and high performance material in industrial sectors such as automotive, electronic & appliance, and construction, among others. Construction sector is observing significant growth owing to the need for high performance materials that are light weight, durable, strong, and easy to install. Polyurethane is one such component that helps in reducing energy usage, besides facilitating the conservation of natural resources.

According to the U.S. Department of Energy, on an average an American house incurs about 56 % of the energy cost from continuous heating and cooling. It is only through the utilization of versatile polyurethanes that it has become easier to address challenging problems. Majority of issues arefaced during molding to unusual shapes, or while improving industrial and consumer products.

Polyurethanes are manufactured through the reaction of a polyol with diisocyanate or polymeric isocyanate. The reaction is usually carried out in presence of a suitable catalysts and other additives. The availability of a wide variety of diisocyanates and polyols facilitates the production of polyurethane, a broad spectrum of materials can be utilized to address the requirements of particular applications.

Browse Full Research Report with in-depth TOC @ https://www.polarismarketresearch.com/industry-analysis/polyurethane-pu-market/

The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Polyurethane Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia Pacific, South America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, France, and Rest of Europe. Asia Pacific is bifurcated into China, India, Japan, and Rest of AsiaPacific.

Asia Pacific acquired the largest market share in 2017, owing to the significant investments made to strengthen the base of skilled workforce, growing government support, and abundance of raw materials. Moreover, the recent government initiatives taken by Indian, Thailand, and Chinese government to promote the manufacturing sector are acting in favor of the market. For instance, in 2015, the Government of India (GOI) introduced ‘Make in India’ project. Similar steps were taken by Thailand government, by the announcement of favorable buyers incentive.

Make Inquiry about this report @ https://www.polarismarketresearch.com/industry-analysis/polyurethane-pu-market/inquire-before-buying

Competitive Landscape and Key Vendors

The global polyurethane market is characterized by the presence by the presence of numerous players, but is largely dominated by well-established international players. The market players are observed competing on the basis of comprehensive range of products and services, along with quality, pricing, and technology. The presence of large number of market players is highly responsible for lowering down cost price and sales volumes.

Some of the key players operating in this market include Covestro, BASF SE, Mitsui Chemicals Inc., Eastman Chemical Corporation, INEOS, Mitsubishi Chemical Corporation, DIC Corp & RTP Company Huntsman Corporation, LyondellBasell, The Dow Chemical Co., Nippon Polyurethane Industry Corp Ltd., Woodbridge Foam Corp., Lubrizol Corporation, The Rampf Holding GmbH & Co. KG. These players are observed proactively engaging in activities aimed at the development of new products and advanced technology.

Key Segments

Product Type

• Rigid PU Foam
• Flexible PU Foam
• PU Coatings
• PU Adhesives & Sealants
• PU Elastomers Lenses
• Others

End-Use Type

• Automotive
• Appliances
• Construction
• Electronics
• Furnishing
• Footwear
• Packaging
• Others

Region

• North America

o U.S.
o Canada

• Europe

o Germany
o UK
o France

• Asia-Pacific

o China
o India
o Japan

• Latin America

o Brazil
o Mexico

• Middle East and Africa

Significant Note: Customized Research Report As per your Requirements: https://www.polarismarketresearch.com/industry-analysis/polyurethane-pu-market/request-for-customization

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.

Contact us

Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: neel@polarismarketresearch.com
Web: www.polarismarketresearch.com

This release was published on openPR.