Rigid Polyurethane Foams Market Forecast to Reach $11 3 Billion by 2026 briefingwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from briefingwire.com Daily Mail and Mail on Sunday newspapers.
Polyurethane Market Size to Reach USD 90,980 Million by 2026 at CAGR 3.5% - Valuates Reports
Polyurethane Market is Segmented
by Product (Flexible Foam, Rigid Foam, Coatings, Adhesives & Sealants, Elastomers, Others),
by Application (Furniture and Interiors, Construction, Electronics and Appliances, Automotive, Footwear, Others). The report covers global opportunity analysis and industry forecast from 2021 to 2026. It is published on
Valuates Reports in the
Plastics & Polymers Category.
The global Polyurethane market size is projected to reach USD 90,980 Million by 2026, from USD 71,320 Million in 2019, at a CAGR of 3.5% during the forecast period 2021-2026.
Major factors driving the growth of Polyurethane market size are:
Various end-user applications of polyurethane, due to easily moldable properties
CHICAGO, April 14, 2021 /PRNewswire/ According to the new market research report "Polyurethane Dispersions Market by Type (Solvent-free and Low-solvent), Application (Paints & Coatings, Adhesives
The demand for PUDs in emerging economies, such as APAC, MEA, and South America, is increasing owing to the growth in infrastructural and industrial activities such as expansion of construction industry, increasing use in automotive, textile & leather industry, and so on. PUDs are also cross-linked with various resins, isocyanates, epoxy silanes, or any other cross-linking agents. Cross-linked PUDs are obtained with enhanced mechanical and chemical properties. This also helps in bringing down the cost of PUDs, which currently is high. The choice of polyol in a specific application determines the cost of PUDs. The increase in demand for environment-friendly PUDs and the government s environmental policies of low VOC emission, provide sufficient growth opportunities to the market.
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