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Polyurethane foams Market The latest report on the Polyurethane Foams market closely surveys, examines and offers vital statistics on the Polyurethane Foams market for the forecast period 2019 - 2030. This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behaviour and their growing spending capacity.

Market Industry Reports (MIR) has published a new report titled “Polyurethane Foams Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the global polyurethane foam market was valued at over US$ 50.0 Bn in 2018 and is anticipated to grow at a substantial CAGR during the forecast period of 2019-2030.

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Rising demand from various end-use industries Polyurethane foams market is witnessing growth owing to rising demand from various end use industries. Polyurethane foams due to their low density, thermal conductivity and mechanical properties make them an excellent insulators and comfort materials. Therefore, it is widely used in broad range of end-use industries. Construction, bedding & furniture, electronics, footwear, packaging and automotive industries are the major consumers of polyurethane foams. Thus, rise in these industries will subsequently spur the adoption of polyurethane foams in numerous applications which in turn will drive the market growth.

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Key Players Geographical expansion and production capacity expansion are two major strategies adopted by market players to strengthen their market position. BASF SE, The Dow Chemical Company, Trelleborg AB and Covestro are the large players present in this market. Some of the other prominent players in this market are The Dow Chemical Company, Huntsman Corporation, Chemtura Corporation and Rogers Corporation among others.

Asia Pacific region is boosting the demand for polyurethane foams In 2018, Asia Pacific region accounted for the significant share of the market. India, China, Indonesia, South Korea and Malaysia are the chief contributors towards the market growth. Growing construction, electronics and automotive industries in these regions is the major factor propelling the market growth. Moreover, rise in demand from furniture and bedding industry is another factor boosting the growth of the market. China is not only the major consumer but also major producer of polyurethane foams. Furthermore, rapid urbanization, rise in capital investments and ongoing construction projects in China is propelling the market growth.

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Polyurethane foams Market Research Report | Industry Analysis by 2030  

The subject matter experts behind the research have collected vital statistics on the market share, size and growth as a way to help stakeho...

Polyurethane foams Market Research Report | Industry Analysis by 2030  

The subject matter experts behind the research have collected vital statistics on the market share, size and growth as a way to help stakeho...