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Polyurethane Foams Market Global Industry Overview and Competitive Landscape till 2025

 



(EstateNewsWire.com, December 28, 2021 ) The report "Polyurethane Foam Market by Type (Rigid foam, Flexible Foam, Spray Foam), End-use Industry (Building & Construction, Bedding & Furniture, Automotive, Electronics, Footwear, Packaging, Others), and Region - Global Forecast To 2025" The polyurethane foams market is projected to grow from USD 37.8 billion in 2020 to USD 54.3 billion by 2025, at a CAGR of 7.5% from 2020 to 2025. The market is witnessing average growth across the world due to factors such as, growing end-use industries in emerging economies, increased use of polyurethane foams in building insulations for energy conservation and versatility and unique physical properties of polyurethane foams.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1251

By type, rigid foam is estimated to be the leading segment of polyurethane foam from 2020 to 2025.

By type, rigid foam is estimated to dominate the polyurethane foam market, globally, in terms of value. Factors, such as reduced energy costs, application as insulating foams and structural foams in commercial and residential constructions, as well as use of rigid foams for insulations in various electrical appliances such as water heaters, refrigerators, coolers, vending machines, and freezers, are expected to propel the demand for rigid foams in global polyurethane foam market.

By end-use industry, automotive is estimated to be the fastest-growing segment of polyurethane foam

By end-use industry, automotive segment is projected to record the highest growth in the global polyurethane foams market, during the forecast period. The high growth of the automotive end-use industry segment is majorly attributed to the surge in demand for lightweight vehicles, which in -turn encourages the use of polyurethane foams in this segment.

Don't miss out on business opportunities in Polyurethane Foams Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1251

Browse in-depth TOC on "Polyurethane Foam Market”
199 - Market Data Tables
48 - Figures
246 - Pages

Middle East is estimated to be the fastest growing region in global polyurethane foam market during forecast period

The Middle East is estimated to be the fastest growing region, in terms of value, in the global polyurethane foams market. The growth of the Middle East polyurethane foam market can be attributed to the flourishing building & construction and bedding & furniture industries in the region that are the key consumers of polyurethane foams. The increasing demand for energy-efficient buildings in GCC is leading to the growth of the polyurethane foam market in Middle East as well.

Covestro AG (Germany), BASF SE (Germany), Wanhua Chemical Group Co., Ltd. (China), Dow Inc. (US), Huntsman Corporation (US), Sekisui Chemical Co., Ltd. (Japan), Compagnie de Saint-Gobain SA (France), Bayer AG (Germany), Chemtura Corporation (Lanxess) (US), DuPont (US), Recticel NV/SA (Belgium), Rogers Corporation (US), UFP Technologies, Inc. (US), INOAC Corporation (Japan), Trelleborg AB (Sweden), FoamPartner Group (Switzerland), FXI (US), Armacell (Luxembourg), Eurofoam Group (Austria), Woodbridge Foam Corporation (Canada), Future Foam, Inc. (US), and Tosoh Corporation (Japan), Foamcraft, Inc. (US), are the key players in polyurethane foam market.

Get Sample Pages of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=1251

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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