Polyurethane Composites Market - Forecast 2022-2027

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Polyurethane Composites Market - Forecast(2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2021-2026
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• The Polyurethane Composites market size is
  forecast to reach US820.5 million by 2027, after
  growing at a CAGR of 4.7 during the forecast
  period 2022-2027. Polyurethane composites are
  high-performance polymeric materials made from
  polyurethane resins. Polyurethane is a type of
  thermosetting polymer made up of carbamate or
  urethane bonds.
• The reaction of a polyol with di or thiocyanate
  produces these polymers in most cases.
  Polyurethane composites have excellent properties
  such as strong tensile strength, impact
  resistance, and thermal stability.

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Key Takeaways

• The Asia-Pacific region is expected to lead the
  polyurethane composites market during the
  forecast period, owing to its rising demand from
  the building and construction, transportation,
  aerospace and military industries in APAC
  countries.
• With the increased use of polyurethane composites
  in the vehicle sector due to its superior
  mechanical, physical and light-weight features,
  the transportation industry is predicted to
  considerably contribute to the revenue growth of
  the polyurethane composites market.

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• By Distribution Channel- Segment Analysis
• The glass segment held a significant share in the
  polyurethane composites market in 2021 and is
  forecasted to grow at a CAGR of 4.5 during the
  forecast period 2022-2027. Superior features of
  glass fiber polyurethane composites such as
  strength, flexibility, durability, stability,
  lightweight and heat resistance and moisture are
  responsible for the segment's growth. Because of
  its lighter weight, durability and heat
  moisture resistance, glass fiber polyurethane
  composites are becoming more popular in various
  end-use industries such as construction,
  automotive, electric electronics and more.

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• Polyurethane Composites Market
• Industry Outlook 
• BASF SE
• ELANTAS
• Covestro AG
• Linecross
• Huntsman International LLC
• Henkel Corporation
• Webasto Group

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