Global Polyurethanes Market to amass momentous growth by 2025

October 09, 2019


According to the new research report available at MarketStudyReport.com under the title ‘Global Polyurethanes (PU) Market Research Report 2019-2025’, the worldwide polyurethanes market is presumed to gain substantial growth by the year 2025.
 

Polyurethane foam is one of the most extensively used polymeric foams. It is widely used in modern industries and is produced mainly by reacting di-isocyanates with polyols and other additives. The product can be found either in the form of foams or non-foams.
 

Polyurethanes is used in interior components, cushion foams and other light automatic parts to stimulate energy & fuel savings. Seat frames moulded using polyurethane are reported to be 35% lighter compared to metal frames. Furthermore, insulative and efficient foams are being used in green buildings and several other sustainable infrastructures to reduce energy cost in emerging regions like North America & Europe. These factors, along with green buildings directives like NAHB model and LEED certification are augmenting the polyurethanes market growth.
 

As per the report, polyurethanes market is projected to amass substantial growth during the forecast timeframe. Also, the research provides a comprehensive insight about segmental growth, trends, drivers, challenges, and opportunities impacting the market growth.
 

The worldwide polyurethanes market is analysed on the basis of product type, application spectrum and regional landscape. Based on the product type, the market is fragmented as polyether polyurethane and polyester polyurethane. While speaking of the application spectrum, the market is segmented as coatings, rigid foam, elastomers, flexible foam, and adhesives & sealants.
 

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Considering the regional landscape, the market is studied for four major regions which are China, United States, European Union, and rest of the world including Southeast Asia, Japan, India and Korea.
 

The prominent companies operating in the polyurethanes market profiled in the report include DowDuPont, BASF, Covestro, Huntsman, and Tosoh Corporation.