Polyurethane (PU) Market Market Size, Share, Key Players, Growth Trend, And Forecast, 2027

Polyurethane (PU) Market Market Size, Share, Key Players, Growth Trend, And Forecast, 2027

Reports and Data estimates the global Polyurethane (PU) competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2019-2030 as the forecast period. The report offers CAGR and market size for the global Polyurethane (PU) during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF SE, Dow Chemical Company, Eastman Chemical Co., Huntsman Corp., Mitsui Chemicals Inc., Covestro, Nippon Polyurethane Industry Corp. Ltd., Woodbridge Foam Corp., RTP Company, and DIC Corp., among others.

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Polyurethane (PU) Overview :-

The growing use of polyurethanes in the automotive industry is driving the growth of the market. Polyurethane foam provides vehicle manufacturers the means to make seating that can be effortlessly assembled, undone, and recycled. Moreover, it caters to the highest performance specifications for a wide range of firmness without requiring an increase in the weight of the vehicle. Through many years of service, and even under heavy use, Polyurethane foam maintains its original shape, firmness, and resiliency even after long years of service as well as providing heavy-duty service. Headrests, armrests, and cushioned instrument panels, among other parts of a vehicle’s interior, are all produced from polyurethane foams.

In the construction industry, polyurethanes find extensive application in making high-performance products possessing properties such as lightweight, functional strength, efficient performance, and durability, among others. Moreover, these products are beneficial in improving the visual aspects of homes and buildings. Furniture and carpets are one of the most sought after applications of polyurethanes and these products are completely cured before being sold. According to the U.S. Environmental Protection Agency (EPA), completely cured polyurethane products are assumed to be inert and non-toxic.

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For the purpose of this report Reports and Data has segmented global Polyurethane (PU) market on the basis of type, application, and region:

Product Type Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

  • Rigid Foam
  • Flexible Foam
  • Molded Foam
  • Coatings
  • Elastomers
  • Adhesives Sealants
  • Others

Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

  • Online
  • Offline

Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)

  • Construction
  • Household Goods
  • Electronics
  • Automotive
  • Footwear
  • Packaging
  • Others

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

 

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 Key Questions answered by the Report:

  • What is the expected year-on-year growth of the Polyurethane (PU) during the forecast period?
  • What key trends are expected influence revenue growth of the market going ahead?
  • Which region is expected to account for largest revenue share over the forecast period?
  • Which key companies are profiled in the report?

 

Thanks for reading our report. For more details on customization, please connect with us to know more and our team will ensure the report is well suited to your needs.

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