Polyurethane market was valued US$ 1.11 Bn in 2022 and is expected to reach 1.59 Bn by 2029, at a CAGR of 5.2% during a forecast period.
Maximize Market Research, a prominent international research firm specializing in the healthcare industry, has recently released a comprehensive report on the Polyurethane Market. The analysis provides valuable insights into the market, including key commercial information, regional market sizes, and forecasts up to 2029.
Polyurethane Market Overview:
The report delves into the dynamics of the Polyurethane Market by thoroughly examining current and emerging trends. It employs Porter’s five forces analysis to assess various factors, such as competitive intensity, potential threats from different stakeholders, and the ability of emerging companies to acquire resources. To determine the market size at both regional and global levels, the research adopts a bottom-up approach, conducting a micro-level analysis of each country. By doing so, the report also evaluates the contribution of the unorganized market to the overall market size.
The findings of the report are validated through interviews with well-known local industry experts. The research utilizes both commercial and free databases for secondary research and analysis. Supply and consumption data from each market participant are obtained from reliable third-party sources, official government databases, and annual reports of publicly traded companies.
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Polyurethane Market Segmentation:
by Product
Adhesives & Sealants
Flexible Foam
Elastomers
Rigid Foam
Coatings
Others
The market is further divided into several product categories, including adhesives & sealants, flexible foam, elastomers, rigid foam, coatings, and others. Rigid foam product sales accounted for more than 31.0% of global sales in 2022, leading the market. Because of their structural stability, rigid PU foams are high-performance closed-cell polymers that are employed in end-use markets like transportation, packaging, industrial insulations, and appliances. This enables manufacturers to create products that are thermally insulating.
by Application
Electronic Appliances
Furniture & Interiors
Construction
Automotive
Packaging
Footwear
Others
The automobile sector is anticipated to experience consistent growth over the projected year, broken down by application category. Since polyurethane foam can be easily manufactured, disassembled, and recycled while still meeting high performance standards over a wide range of firmness and weight, it is widely used by automakers and inventors. Polyurethane flexible foams are used to make arm rests, head rests, cushioned instrument panels, and other interior automotive components. This is accelerating market expansion, which is anticipated to continue at a CAGR.
by Raw Material
Polyol
MDI
TDI
Others
Reasons to Buy:
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Polyurethane Market Regional Analysis:
The report thoroughly examines the Polyurethane market, including manufacturer supply chains, prevailing regulations, cost structures, and market shares. It also explores regional markets by Analyzing product pricing in relation to profitability.
Polyurethane Market Key Players:
1. Nippon Polyurethane Industry Corporation Ltd
2. The Dow Chemical Company
3. Woodbridge Foam Corporation
4. CangzhouDahua Group Co. Ltd
5. Chematur Engineering AB
6. Polyurethane Specialties
7. Bayer Material Science
8. British Vita Unlimited
9. Foamex Innovations
10. Huntsman Corporation
11. Mitsui Chemicals
12. Coim Group
13. Covestro AG
14. Recticel SA
15. BASF SE
16. Lanxess
17. Northern Plastics Ltd.
18. Polycoat Products
19. Shanghai Donga Polyurethane Co. Ltd.
The research report addresses various market and industry-related topics, such as product launches, business expansion, collaborations, joint ventures, and acquisitions. Maximize Market Research, a globally recognized healthcare business consultancy firm, has employed its 18 years of domain expertise to provide market intelligence and a competitive landscape analysis of the Polyurethane market. The report incorporates primary and secondary data, offering insights from both local and global perspectives.
Table of content for the Polyurethane Market includes:
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Key Offerings:
About Maximize Market Research:
Maximize Market Research is a multifaceted Market Research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide Market -verified industry estimations, technical trend analysis, crucial Market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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