Polyurethane Composites Market Worth 909.8 Million USD by 2026

PUNE, India, December 9, 2016 /PRNewswire/ --

The report "Polyurethane Composites Market by Type (Glass, Carbon), Manufacturing Process (Lay-Up, Pultrusion, Resin Transfer Molding), End-Use Industry (Transportation, Building & Construction, Electrical & Electronics), Region - Global Forecast to 2026", published by MarketsandMarkets, the global market is projected to reach USD 909.8 Million by 2026, at a CAGR of 5.9% from 2016 to 2026. 

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Browse 121 market data Tables and 83 Figures spread through 173 Pages and in-depth TOC on "Polyurethane Composites Market "
http://www.marketsandmarkets.com/Market-Reports/polyurethane-composite-market-71823668.html

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Increase in demand of polyurethane composites from the transportation, building & construction, electrical & electronics, wind power energy industries is propelling the growth of this market.

Fiber glass polyurethane composites is the fastest-growing fiber type segment of the global polyurethane composites market 

The fiber glass polyurethane composites are estimated to account for the largest share of the polyurethane composites market in 2016, and is projected to be the fastest-growing type segment from 2016 to 2026.  The growth is mainly attributed features such as superior strength, flexibility, durability, stability, light weight, heat, and moisture resistivity that make fiber glass polyurethane composites more preferred choice in industries.

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Lay-up segment is anticipated to grow at the highest CAGR from 2016 to 2026

The lay-up segment is anticipated to grow at the highest CAGR in global polyurethane composites market from 2016 to 2026. Low cost and ease of ease of processing makes lay-up manufacturing process as one of the prominent manufacturing process for polyurethane composites.

Transportation is the fastest-growing end-use industry segment of the global polyurethane composites market 

The transportation segment is estimated to account for the largest share of the global polyurethane composites market in 2016, and is projected to be the fastest-growing segment from 2016 to 2026. This growth can be attributed to the increased demand for the use of polyurethane composites in the automobile industry, due to its light weight and superior physical and mechanical properties.