Polyurethane Market Size Worth USD 77.2 Billion by 2023

Global Market Insights Inc. - Seite 2

https://www.gminsights.com/industry-analysis/polyurethane-PU-market

Key insights from the report include: 

North America, with construction industry somewhat rebounding in the U.S., may observe below average growth rates. Rigid foam was majorly used product in the U.S. in 2015.

U.S. polyurethane rigid foams market size is set to grow at 4.9% CAGR in revenue terms. They are used as insulation purpose to increase buildings energy efficiency and decrease thermal energy losses.

Europe, driven by Germany, UK and Italy PU market share, is poised to exceed USD 21 billion revenue by 2023. Increasing thermal insulation application post EU legislations regarding energy efficiency of households may drive product demand in construction industry.

Germany automotive application is set to grow at 3.7% CAGR by 2023. Presence of large scale automobile manufacturers may favor product demand. China footwear application may witness average gains at 5.4% CAGR and surpass USD 1.2 billion revenue by 2023.

Growing demand for sports shoes and hiking boots with excellent grip may drive footwear application demand. Presence of footwear companies in the region along with increasing outsourced footwear production in countries such as Vietnam, Thailand, Bangladesh and Indonesia should drive PU market size.

Global PU market share is highly consolidated and is dominated by MNCs having presence across the value chain. Covestro (formerly Bayer MaterialScience), BASF, Huntsman Corporation and Dow are among notable industry players. Other participants include British Vita Unlimited, Foamex Innovations, Mitsui Chemicals, Nippon, Recticel and Woodbridge Foam Corp.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/387

Global Market Insights has segmented the polyurethane (PU) market on the basis of product, application and region:

• Polyurethane (PU) Product Analysis (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2023) 
  • Rigid foam
  • Flexible foam
  • Coatings
  • Adhesives & Sealants
  • Elastomers
  • Others
• Polyurethane (PU) Application Analysis (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2023) 
  • Furniture & Interiors
  • Construction
  • Electronics & Appliances
  • Automotive
  • Footwear
  • Packaging
  • Others
• Polyurethane (PU) Regional Analysis (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2023) 
  • North America
    • U.S.
  • Europe
    • Germany
    • UK
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Indonesia
  • Latin America
    • Brazil
  • MEA