Press release
Polyurethane Market Report 2023-2032: Market Size, Growth Drivers And Key Trends
Polyurethane Market
The Business Research Company's Polyurethane Global Market Report 2023 identifies adoption of polyurethane in home furnishings as the major driver for the Polyurethane market's growth in the forecast period. Furniture manufacturing companies are enhancing comfort, durability, health, and safety by using flexible polyurethane foam (FPF) as a cushioning material for upholstered furniture, bedding, and carpet underlay.
The polyurethane market size has grown rapidly in recent years. It will grow from $89.92 billion in 2023 to $103.08 billion in 2024 at a compound annual growth rate (CAGR) of 14.6%.It will grow to $171.11 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%.
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Major competitors in the Polyurethane market Dow Chemical Company, BASF SE, Covestro AG, Huntsman Corporation, Eastman Chemical Company, Mitsui Chemicals Inc.
A key trend in the Polyurethane market includes major companies operating in the polyurethane. V PLUS Perform is a mass balance ingredient panel insulation technique that blends panel insulation with panel insulation to produce more environmentally friendly and energy-efficient structures. For instance, in December 2022, Dow Inc., a US-based chemical corporation, launched a polyurethane technology called V PLUS Perform. The innovation is a type of polyurethane insulation that may be applied to insulated metal panels. The V PLUS Perform technology is intended to assist insulated panel makers in choosing circular and reduced carbon building materials during the design process.
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https://www.thebusinessresearchcompany.com/report/polyurethane-global-market-report
The Polyurethane market is segmented -
• By Product Type: Coatings, Adhesives and sealants, Flexible and rigid foams, Elastomers, Other Product Types
• By Raw Material: MDI, TDI, Polyols
• By End User Industry: Furniture, Construction, Electronics & Appliances, Automotive, Footwear, Other End Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Polyurethane market.
The Business Research Company's "Global Polyurethane Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Polyurethane Market Include:
1. Executive Summary
2. Polyurethane Market Characteristics
3. Polyurethane Market Trends And Strategies
4. Polyurethane Market - Macro Economic Scenario
5. Global Polyurethane Market Size and Growth
…………….
31. Global Polyurethane Market Competitive Benchmarking
32. Global Polyurethane Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Polyurethane Market
34. Polyurethane Market Future Outlook and Potential Analysis
35. Appendix
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