Polyurethanes Market Growth Outlook with Industry Review and Forecast 2019-2026
Polyurethanes industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more.
Polyurethanes industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more.
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Browse key industry insights spread across 170 pages with 185 market data tables and 30
figures & charts from the report, “(PU) Polyurethanes Market Size By Product (Rigid Foam,
Flexible Foam, Coatings, Adhesives & Sealants, Elastomers), By Application (Furniture and
Interiors, Construction, Electronics & Appliances, Automotive, Footwear, Packaging),
Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026” in
detail along with the table of contents:
https://www.gminsights.com/industry-analysis/polyurethane-PU-market-report
According to the latest research report published by Global Market Insights Inc.,
polyurethanes market size is likely to surpass $93 billion by 2026.
Polyurethane offers effective bonding, high flexibility, high load bearing capacity, and
impact resistance, which has escalated adoption of polyurethane products globally.
Polyurethane-based products can enhance aesthetic appearance and provide a clean
minimalistic look. Chairs, tables, beds, etc. are being increasingly manufactured by using
premium quality plastic materials due to economic feasibility, which is likely to offer
momentous growth to polyurethanes industry share.
Construction sector is generating high growth opportunities for PU market owing to the
unique physical properties and high versatility of the product. The material provides great
adhesion and elasticity to several substrates, including wood, concrete, glass, and plastic.
These foams act as insulation materials in wall and roof, insulated doors, windows, and air
barrier sealants. Polyurethane foam has high insulation properties which makes them apt
for use in construction activities. These foams are distinguished by open cell construction
and have relatively softer feel as compared to others. Shifting inclination of people towards
energy conservation has expanded the usage of PU as thermal insulator in households.
Production of auto components, construction materials, and footwears leverage load
resistance, superior adhesiveness, and high tear strength of polyurethane elastomers. These
elastomers are moldable in any shape and are lighter than metals, which is likely to drive PU
industry growth. It can withstand low temperature conditions due to its tensile and tear
resistant properties and lengthen product lifespan.
Asia Pacific polyurethanes market size is likely to inflate owing to heightened demand from
the packaging industry. The industry has been increasing the adoption of recyclable and
sustainable packaging solutions lately. Moreover, development of packaging solutions with
high gloss finish and latest designs with the use of PU are on the rise. The latest innovations
for packaging solutions involve the use of recyclable materials, especially polyurethane,
since they are durable and protect delicate products with high fragility, thereby fueling
polyurethanes industry share.
Polyurethane-based foams, sealants, coatings, and adhesives have gained massive relevance
in packaging, electronics, and construction sectors. Application of polyurethane as adhesives
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