Polyurethane Market | Key players operating in the market include Covestro AG, BASF SE, The Dow Chemical Company, Wanhua Chemical Group Co. Ltd., Huntsman

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.

Browse 114 market data tables and 52 figures spread through 183 pages and in-depth TOC on "Polyurethane Market"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/polyurethane-market-151784541.html

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.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=151784541

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

Request for customization of report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=151784541

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.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/polyurethane.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/polyurethane-market.asp

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, and 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, "Knowledgestore" 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.

This release was published on openPR.