Polyurethane is a combination of organic and inorganic molecules that is used widely in a range of products and applications. It is a polymer material with high water-resistance, flexibility, adhesion, and abrasion resistance making it ideal for a variety of uses from foam to food containers, leathers, fabrics, and more. The use of polyurethane in a variety of industries is growing rapidly. Polyurethane is especially prevalent in the automotive and aerospace industries as well as in the production of adhesives, sealants and coatings. Globally, the polyurethane industry is estimated to be worth over 60 billion dollars annually and it is expected to continue to grow in popularity due to its various key features and versatility.
The global Polyurethane market was valued at US$ 76600 million in 2022 and is anticipated to reach US$ 97740 million by 2029, witnessing a CAGR of 3.5% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Polyurethane Market available at: https://www.themarketreports.com/report/global-polyurethane-market-research-report
This report aims to provide a comprehensive presentation of the global market for Polyurethane, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Polyurethane.
The major global companies of Polyurethane include Dow, BASF, Huntsman, AkzoNobel, Covestro, Lubrizol, Recticel, LANXESS, INOAC, Tosoh, Mitsui Chem, Woodbridge Foam, Wanhua, Shanghai Dongda, Oriental Yuhong etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
Ask for more details or sample of this report at: https://www.themarketreports.com/report/ask-your-query/1390124
Release by:
Shirish Gupta
Marketing Manager
The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com