The Global Polyurethane Market size was valued at USD 70.67 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3% from 2021 to 2027.
Polyurethane is also known as a polymer material that exists in two forms: rigid or flexible. Polyurethane is used in a variety of applications that make our lives more comfortable, convenient and environmentally friendly in terms of factors such as low cost, easy availability, ease of use and recyclability. segment. Polyurethane is a synthetic resin composed of organic units linked by urethane bonds. They are primarily prepared by reacting diisocyanate, methylene diphenyl diisocyanate (MDI) and/or toluene diisocyanate (TDI) with various polyols (polyester and/or polyether polyols). Polyurethane products are versatile, modern and safe. Major polyurethane products include coatings, adhesives and sealants, foams, and elastomers. Its products are widely applied in building and construction, automotive and transportation, bedding and furniture, footwear, home appliances and white goods. They offer many solutions for energy saving and eco design.
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Market Segments
By Raw Material Type:
- Polyol
- MDI
- TDI
- Others
By Product Type:
- Flexible foam
- Rigid foam
- Coating
- Adhesive & sealants
- Elastomers
- Others
By End User:
- Building & construction
- Automotive & transportation
- Bedding & furniture
- Footwear
- Appliances & white goods
- Others
Key Players
Key players considered in the analysis of the polyurethane market are Covestro AG (Germany), BASF SE (Germany), The Dow Chemical Company (U.S.), Wanhua Chemical Group Co. Ltd. (China), and Huntsman (U.S.).
Scope of the Report
The research study analyzes the global Polyurethane industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Polyurethane Market is available at: https://www.orionmarketreports.com/polyurethane-market/62605/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Polyurethane Market Report
1. What was the Polyurethane Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Polyurethane Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Polyurethane Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Polyurethane market.
- The market share of the global Polyurethane market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Polyurethane market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Polyurethane market.
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