Press release
Polyurethane Foam Market Share Analysis 2019-2023 by Major Players: Covestro AG (Germany), NITTO DENKO Corporation (Japan), Recticel (Belgium), BASF SE (Germany), DowDuPont Inc. (U.S.), Trelleborg AG (Sweden), Huntsman International LLC (U.S.), Tosoh Corp

Polyurethane Foam, Polyurethane Foam Opportunities, Polyurethane Foam Review, Polyurethane Foam Strategic Assessment
This comprehensive Polyurethane Foam research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyzes the market size, industry share, growth, key segments, CAGR and key drivers.
Polyurethane Foam Market Research Report: by Type (Flexible, Rigid, Spray), by Application (Building and Construction, Bedding and Furniture, Automotive, Electronics, Packaging, Footwear, Others), and Region - Forecast to 2023.
Market analysis
The polyurethane foams are used for the manufacturing and production of resilient foam applications including insulation panels, adhesives, gaskets, tires, among others. It is mainly derived through the usage of isocyanates or polyols. Their protection from solvents makes them attractive by textile producers. This in blend with their high heating capacity which has broadened its extension across footwear, packaging and automotive sectors. The thriving interest from the construction and building segment attributable to the augment in infrastructural ventures is probably going to net in a high bonus for the market. The extending home furnishing segment inferable from the developing working class is probably going to give growth opportunities to the polyurethane foam market. Confinements put on methylene chloride could hinder the growth of the market in the upcoming years. It is estimated that the global polyurethane foam market would reach the valuation of USD 76,065.74 million during the forecast period (2018-2023) by growing at a CAGR of 8.36%.
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Market segmentation
The global polyurethane foam market is segmented on the basis of its type, application and regional demand. Based on its type, the market is classified into spray, rigid and flexible. On the basis of its application, the global market is bifurcated into Packaging, Bedding and Furniture, Footwear, Building and Construction, Electronics, Automotive, and Others.
Regional analysis
Geographically, the global polyurethane foam market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa.
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Major players
Covestro AG (Germany), NITTO DENKO Corporation (Japan), Recticel (Belgium), BASF SE (Germany), DowDuPont Inc. (U.S.), Trelleborg AG (Sweden), Huntsman International LLC (U.S.), Tosoh Corporation (Japan), Sekisui Chemical Co., Ltd. (Japan), Wanhua Chemical Group Co., Ltd (China), LANXESS (Germany), among others are the major players in the global polyurethane foam market.
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