Global Polyurethane Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global polyurethane market in its upcoming report titled, “Global Polyurethane Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global polyurethane market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The polyurethane market report has been segmented on the basis of product type, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Polyurethane also known as polymeric materials that can be either rigid or flexible. Polyurethane is used in a wide variety of applications which makes our lives more comfortable, convenient, and environmentally friendly.

On the basis of product type, the rigid foam segment is expected to hold major revenue share in the global polyurethane market. Properties of polyurethane such as low-cost, easy availability, easy use, and recyclability are expected to be key factors driving revenue growth of the segment.

On the basis of application, the building & construction segment is expected to hold a major revenue share in the global target market and is expected to maintain dominance for the next ten years. Growing spending on residential and commercial construction in developing countries such as China, India, South Africa, Indonesia, and Thailand owing to increasing population and rapid urbanization is expected to support revenue growth of the segment over the forecast period.

Asia Pacific market is estimated to hold major revenue share in the global polyurethane market and is expected to maintain its dominance over the forecast period. Rising demand for automobiles in the region owing to growing purchase power and changing lifestyles coupled with the presence of large-scale automotive manufacturing brands such as KIA Motors, Toyota, and SAIC Motors are expected to drive Asia Pacific polyurethane market over the forecast period. The Asia Pacific accounts for the largest revenue share contribution of the target market, followed by markets in North America, Europe, Latin America, and the Middle East & Africa respectively. Moreover, the presence of a large number of polyurethane manufacturers in the region is expected to support revenue growth of the polyurethane market in the Asia Pacific.

Market segmentation and key players operating in the global polyurethane market:

By product type:

• Rigid Foam
• Flexible Foam
• Coatings
• Adhesives & Sealants
• Elastomers
• Others

By application:

• Building & Construction
• Automotive
• Furniture
• Electronics & Appliances
• Footwear
• Packaging
• Others

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa