PHILADELPHIA, July 20, 2022 (GLOBE NEWSWIRE) -- A Qualitative Research Study accomplished by Data Bridge Market research's database of 350 pages, titled as “Global Polyurethane Market” with 100+ market data Tables, Pie Charts, Graphs & Figures spread through Pages and easy-to-understand detailed analysis. By utilizing a few steps or a number of steps, the process of formulating a Polyurethane Market research report is commenced with expert advice. This industry report contains a chapter on the global Polyurethane Market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market report makes organizations armed with data and information generated by sound research methods. The polyurethane Market document contains a complete background analysis of the industry, which includes an assessment of the parental market.
Data Bridge Market Research analyses that the polyurethane market to grow at a CAGR of 6.2% during the forecast period. Data Bridge Market Research report on the Polyurethane market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
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The polyurethane market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the polyurethane market.
Polyurethane (also known as polymeric material) is made from a variety of starting materials, which is why it is classified as a polymer rather than a distinct compound. It is available in rigid and flexible forms and is used in a wide range of applications that make our lives more comfortable and environmentally friendly due to factors such as easy availability, low cost, ease of use, and recyclability.
Some of the major players operating in the polyurethane market are:
- BASF SE (Germany)
- The Dow Chemical Company (U.S.)
- INEOS( Switzerland)
- SABIC (Saudi Arabia)
- LyondellBasell Industries Holdings B.V.( the Netherlands)
- DuPont (U.S.)
- Royal Dutch Shell plc ( the Netherlands)
- Bayer AG ( Germany)
- Clariant ( Switzerland)
- Huntsman International LLC (U.S.).
Recent Development
- Coverstro planned to increase production capacity in December 2021 by establishing new thermoplastic polyurethane plants on the Shanghai site. The plant is scheduled to be finished in 2023.
- Huntsman will open its plant in Taiwan in October 2020, along with a 3,600 square metre polyol plant and downstream polyurethanes capabilities.
- Huntsman completed the acquisition of Icynene-Lapolla in February 2020. Huntsman will benefit from the acquisition as it expands its downstream polyurethanes business in North America.
- Huntsman increased its polyurethane production capacity in September 2019 with the opening of a new facility in Dubai.
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The analysis objectives of the report are:
- To know this Market size by pinpointing its sub-sections
- To investigate the sum and estimation of this Market, contingent upon key areas
- To consider the significant players and investigate their development plans
- To investigate this Market concerning development patterns, possibilities, and furthermore their interest in the whole area
- To analyze this market size (volume and worth) from the organization, basic locales/nations, items and application, foundation data
- Essential overall this Market fabricating organizations, to indicate, explain, and examine the item deals sum, worth and piece of the pie, market contention scene, SWOT investigation, and improvement plans for future.
- To analyze serious advancements, for example, extensions, courses of action, new item dispatches, and acquisitions available.
Polyurethane Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Growing application in various different industries
Factors such as the increased use of polyurethane in refrigeration applications and the revival of the bedding segments are driving the market growth rate. Furthermore, the numerous applications provided by flexible foam, such as upholstered furniture, rigid foam for insulation in walls and roofs, TPU used in medical devices and footwear, to coatings, adhesives, sealants, and elastomers used on floors and automotive interiors, will pave the way for market growth.
- Growing demand for environment friendly polyurethane
The growing demand for low VOC, green, and sustainable polyurethane, as well as the expansion of polyurethane recycling and recovery, are expected to create numerous market opportunities.
Key Segmentation: Polyurethane Market
Material Type
- Polyol
- MDI
- TDI
- Others
Product type
- Flexible foam
- Rigid foam
- Coating
- adhesive and sealants
- Elastomers
- Others
End-user
- Building and construction
- Automotive and transportation
- Bedding and furniture
- Footwear
- Appliances and white goods
- Others
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Polyurethane Market Regional Analysis/Insights
The polyurethane market is analyzed and market size insights and trends are provided by country type, material type, product type and end use as referenced above.
The countries covered in the polyurethane market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa.
Asia-Pacific is expected to dominate the polyurethane market due to the region's expanding automotive industry and growing polymer adoption in a variety of growing industrial sectors. North America, on the other hand, will continue to show profitable growth during the forecast period as demand for low VOC, green, and sustainable polyurethane increases.
Strategic Points Covered in Global Polyurethane Market Table of Content:
Chapter 1: Introduction, the basic information of the Global Polyurethane Market & product overview
Chapter 2: Objective of Study and Research Scope of the Polyurethane Market
Chapter 3: Polyurethane Market Dynamics- driving growth factors, disruptive forces, Trends, and Challenges & Opportunities
Chapter 4: Market Factor Analysis, Polyurethane Market Value Chain, PESTEL & PORTER Model, Market Entropy, Patent/Trademark Analysis
Chapter 5: Player Analysis; Competitive Landscape, Peer Group Analysis of Polyurethane Market, Strategic Group Analysis, Perpetual Mapping, BCG Matrix & Company Profiling
Chapter 6: Displaying Market Revenue Size by Type, application /vertical or end users, other Segments
Chapter 7: To evaluate the market by countries further broken down by countries
Chapter 8: Research Methodology
Chapter 9: Data Source
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