Global Polyurethane (PU) market cagr 7.4%

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Polyurethane (PU) Market

Polyurethane (PU) Market Scope: Industry Analysis,

Market Size, Growth, Trends Till 2031

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Polyurethane (PU) Market Size and Growth

The Polyurethane (PU) market exhibits robust growth, driven by rising demand across construction, automotive, and furniture sectors. As of 2023, the global PU market size is valued at approximately $75 billion, projected to expand significantly. Key trends include sustainability initiatives and advancements in manufacturing technologies enhancing product applications. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Dow

◍ BASF

◍ Huntsman

◍ AkzoNobel

◍ Covestro

◍ Lubrizol

◍ Recticel

◍ LANXESS

◍ INOAC

◍ Tosoh

◍ Mitsui Chem

◍ Woodbridge Foam

◍ Wanhua

◍ Shanghai Dongda

◍ Oriental Yuhong

The Polyurethane (PU) market is competitive, with key players like Dow, BASF, and Huntsman driving innovation and sustainability. These companies manufacture diverse applications, enhancing performance and reducing environmental impact. Their investments in R&D foster growth. Select sales revenues include Dow: $55 billion, BASF: $87 billion, Huntsman: $8 billion.

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Market Segmentation

By Application

Furniture ◍ Construction ◍ Electronics and Appliances ◍ Automotive ◍ Footwear

Packaging

Others

By Product

◍ Flexible Foam ◍ Rigid Foam ◍ Coatings ◍ Adhesives & Sealants

Elastomers

Others

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Market Growth

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$ X Billion USD

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Global Polyurethane (PU) market cagr 7.4% by ReportPrime - Issuu