[PDF] Polyurethane Market: Key Developments and Trends Analysis

Polyurethane Market accounted for US$ 69.68 billion in 2020 and is estimated to be US$ 88.76 billion by 2030 and is anticipated to register a CAGR of 2.50% over the forecast period.
Polyurethane is a versatile polymer that is used in a wide range of applications such as insulation, cushioning, and coatings. It is produced by the reaction of a polyol with a diisocyanate, and the resulting material can be tailored to meet specific performance requirements.

The polyurethane market size was valued at US$ 69.68 billion in 2020 and is expected to reach US$ 88.76 billion by 2030, growing at a CAGR of 2.50% during the forecast period. The growth of the market is driven by the increasing demand for polyurethane in various end-use industries such as construction, automotive, and furniture.

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List of TOP KEY PLAYERS in an Polyurethane Market:

• Bayer Material Science (Covestro)
• BASF
• British Vita Unlimited
• Foamex Innovations
• Huntsman Corporation
• Mitsui Chemicals
• Nippon Polyurethane Industry Corporation Ltd.
• Recticel SA
• The Dow Chemical Company (DowDuPont Inc.)
• Woodbridge Foam Corporation

Segmentation:

Based on application, the polyurethane market is segmented into the foams, coatings, adhesives and sealants, elastomers, and other applications. The foam segment dominated the market with a share of more than 65% and is expected to grow at a significant rate during the forecast period, owing to the increasing application as an insulating agent. Based on end-user industry, the target market is bifurcated into furniture and interiors, furniture upholstery, mattresses, building and construction, electronics and appliances, automotive, footwear, packaging, and others. The building and construction industry is by far the largest consumer for rigid and sprays polyurethane foam. With rising number of building codes that promote energy-efficient structures, home builders and consumers are gradually moving toward building strategies that deliver performance and energy savings in the long run.

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The Areas included in this Study are:

A study of the market may cover a number of geographical areas, depending on the scope of the study or report. Nonetheless, the following may be typical geographic areas examined in such research:

 North America - U.S., Canada

 Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

 Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

 Latin America - Brazil, Mexico, Argentina, Rest of Latin America

 Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

FORMAT: (PDF)
NO OF PAGES:168
BASE YEAR: 2022

Key Questions answered in Polyurethane Market:

1. What is driving the growth of the polyurethane market?
2. Who are the major players in the polyurethane market?
3. What is the future outlook for the polyurethane market?
4. What are the major trends shaping the
polyurethane market?

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This release was published on openPR.