According to the latest report published by Credence Research, Inc. “Global Polyurethane Foams Market was valued at US$ 55.85 Bn in 2017, expected to grow at the CAGR of 5.2% from 2018 to 2026.
Credence Research lately added a new report titled “Polyurethane Foams Market – Industry Size, Global Trends, Growth, Opportunities, Market Share and Market Forecast – 2018 to 2026” to its repository. This latest research study investigates the Polyurethane Foams market through different segments primarily based on type, application and end-use, market participants, areas and presents country-level evaluation over the forecast period from 2018 to 2026.
Due to diverse applicability, polyurethane foams are witnessing huge demand from various end-use industries such as bedding & furniture, building & construction, electronics, automotive & transportation, footwear, packaging, and others (textiles, refrigeration, etc.). Factors such as increasing demand from end-use industries owing to increased energy efficiency and reduced output weight coupled with rising middle class in the emerging markets supporting the growth of polyurethane foams across the globe. Polyurethane foams are lightweight and cheaper option over conventional materials in many end use sectors. Moreover, polyurethane foam is chemically stable, flexible, and acts as an ideal insulating material in building and construction sector. Polyurethane foam types includes flexible PU foam, rigid PU foam, and spray PU foam are significantly penetrating their end-use industries market as each type have different characteristics as per manufacturing and are designed to suit their application requirement in the end products. In 2017, Flexible PU Foam accounted for the largest share, followed by rigid PU foam and spray PU foam. Properties such as resiliency, light weight, and sound/energy absorption make flexible polyurethane foams a key material in bedding & furniture and automotive & transportation industry. While, rigid PU foam exhibiting the fastest growth during the forecast period from 2018 to 2026 reason being, with thermal insulation properties rigid PU foam is becoming a key material in building & construction end-use industry. Moreover, governments in developed as well as developing economies are formulating more policies promoting energy efficiency and conservation to achieve climate and energy objectives, which in turn drive rigid PU foam market in coming years.
Browse Here For Full Report Polyurethane Foams Market – Growth, Future Prospects, and Competitive Landscape, 2018-2026 with ToC: https://www.credenceresearch.com/report/polyurethane-foams-market
The report on the Polyurethane Foams market provides in-depth analysis covering key regional trends, market dynamics, and presents the country-level market size of the Polyurethane Foams industry. Some of the key elements considered during the course of research included product definition, product classification, enterprise structure, a number of participants in the Polyurethane Foams, etc.
The report consists of market sizes and forecast for the period from 2018 to 2026, and compounded annual growth rate (CAGR%) measured for individual segments and regional markets, competitive landscape of main market players, vital analysis of market dynamics and profiling of key providers collaborating in the Polyurethane Foams market.
Report Focus: The ‘Polyurethane Foams – Global Trends, Estimates and Forecasts, 2018-2026’ reviews the latest developments in plastics industry with a perceptive to perceive the near-future growth prospects. The industry is a fragmented market with multiple participants, opens up numerous investment opportunities. The main investment focus is Polyurethane Foams business. An in-depth analysis throughout the geographic regions gives strategic enterprise intelligence for the industry investments.
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The study offers profitable investment techniques for R&D organizations, manufacturing units, distributors, Contract Research Organizations (CROs) and many more in preferred locations.
The report primarily focuses on: Latest Market Trends,
- Region-wise Demand Factor
- Key Growth Areas
- Market Sizes
- Key Competitors Edge
- Investment Strategies
Estimates are primarily based on online surveys using customized questionnaires via our research team. Besides data from government databases, organization websites, press releases & published research reports are also used for estimates.
- North America Polyurethane Foams Market Revenue and Forecast
- Europe Polyurethane Foams Market Revenue and Forecast
- Asia Pacific Polyurethane Foams Market Revenue and Forecast
- Latin America Polyurethane Foams Market Revenue and Forecast
- Middle East and Africa Polyurethane Foams Market Revenue and Forecast
- BASF SE
- Covestro AG
- Sekisui Chemical Co. Ltd.
- Huntsman Corporation
- Nitto Denko Corporation
- Chemtura Corporation
- Eurofoam Group
Browse Here For Full Report with ToC: https://www.credenceresearch.com/report/polyurethane-foams-market
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