Title: Polyurethanes Market - Forecast(2022 - 2027)
1Polyurethanes Market - Forecast(2022 - 2027)
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- Polyurethanes Market size is forecast to reach
US90.6 Billion by 2026, after growing at a CAGR
of 5.9 during 2021-2026. - The growth of the polyurethanes market is mainly
attributed to its wide-ranging applications
across various construction and automotive
sectors. - Polyurethanes are commercially available in
various forms, ranging from flexible or rigid
lightweight foams to tough, stiff, and strong
elastomers.
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- Key Takeaways from this Report
- Asia-Pacific region dominated the polyurethanes
market owing to the rising production of
automotive and increasing government emphasis on
building and construction growth. - Increasing preference for cast polymer
polyurethane elastomers for use in shoe sole,
boot, and other sports shoes, in the footwear
industryis anticipated to drive the market
growth. - Rising usage of flexible polyurethane foam in the
furnishing segment on a very large scale in
furniture, bedding, carpet as they are more
durable, lightweight, comfortable
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By Distribution Channel- Segment
Analysis Building and construction(as
insulation)segment held the largest share with
41 in the polyurethanes market in 2020 and is
anticipated to grow at a CAGR of 5.43 during the
forecast period 2021-2026.The rigid and spray
polyurethane foam sector plays a major role in
the building and construction industry. Building
developers and consumers are increasingly looking
for building solutions that provide long-term
stability and energy savings, owing to the
growing number of energy-efficient building
rules. The stiff foam has unique insulating
properties that make it suitable for both new
construction and renovation of existing
structures.
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- Polyurethanes Market Industry Outlook
- BASF SE
- Chemtura Corporation (Lanxess AG.)
- Tosoh Corporation,
- KURARAY CO., LTD.,
- WANHUA CHEMICAL GROUP CO., LTD.,
- Era Polymers Pty Ltd,
- Lubrizol,
- The Dow Chemical Company,
- COVESTRO AG, and Huntsman Corporation among
others.
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Polyurethanes Fertilizers Market - Forecast(2021
- 2026) Learn More About the Report _at_
https//www.industryarc.com/Report/11682/polyureth
anes-market-analysis.html
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