Global Polyurethanes Market Anticipated to Grow at a Substantial CAGR of 6.9% - ResearchAndMarkets.com | Business Wire

2022-07-16 01:53:45 By : Ms. Linda Lee

DUBLIN--(BUSINESS WIRE )--The "Global Polyurethanes Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.

The global polyurethane market is anticipated to grow at a substantial CAGR of 6.9% during the forecast period. Polyurethanes are thermosetting polymers, and they do not melt when exposed to heat.

Uncertain government regulations toward environmental protection restrain the growth of the polyurethane market.

The global polyurethanes market is segmented based on the raw material, application, and end-user. Based on the raw material, the market is segmented into toluene diisocyanate, methylene diphenyl diisocyanate, and polyols.

Based on the application, the market is sub-segmented into flexible foam, rigid foam, snuff coatings, sealants, adhesives, elastomer, and others.

Based on the End-User, the market is segmented into automobiles, construction materials, footwear, furniture and bedding, electronics, and others.

Based on the application, the flexible foam segment holds a prominent share in the global polyurethane market. Flexible foam is used for cushioning in a variety of consumer and commercial products such as furniture, bedding, carpet cushion, fibers, and textiles.

Foams and other PU products are expected to gain significance in the region on account of rising consumer awareness regarding the sustainability of lightweight and low-cost polyurethane. Furthermore, Companies producing furniture are using flexible polyurethane foam (FPF) as a cushioning material for upholstered furniture, bedding, and carpet underlayment to improve comfort, durability, health, and safety leading to the increasing growth of the global polyurethanes market.

3.1.5. Yantai Wanhua Polyurethanes Co., Ltd.

3.3. Impact of COVID-19 on Key Players

4.1. Global Polyurethanes Market by Raw Material

For more information about this report visit https://www.researchandmarkets.com/r/2pm4us

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900