Polyurethane Market Size, By Product Type (Flexible Foam, Elastomers, Coatings, Adhesive & Sealants, Rigid Foam, Others), By Material Type (Methylene Diphenyl Diisocyanate, Toluene Diisocyanate, Polyols, Others), By End User (Building & Construction, Automotive & Transportation, Bedding & Furniture, Appliances, Footwear, Others), By Region Analysis - Global Forecast 2022 - 2027
The Polyurethane Market is expected to be around US$ 105 billion by 2027 at a CAGR of 7.49% during the forecast period.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
7
REPORT DESCRIPTION
The Polyurethane Market is expected to be around US$ 105 billion by 2027 at a CAGR of 7.49% during the forecast period.
Polyurethanes are formed by reacting polyols with a diisocyanate or a polymeric isocyanate in the presence of suitable catalysts and additives. A variety of products are manufactured based on wide range of polyols to meet the needs of specific applications. PU is widely utilized in cushion foams, interior components, and other lightweight automotive parts to foster fuel & energy savings. Fast-growing consumer electronics sector in emerging economies are also providing profitable prospects for manufacturers. Encapsulation of electronic components in miniaturized & wearable electronics along with other products such as circuits and sensors are driving growth.
Global Polyurethane market is segmented on the basis of Product type as flexible foam, elastomers, coatings, adhesive & sealants, rigid foam, others. Based on material type, the global Polyurethane market is segmented in methylene diphenyl diisocyanate, toluene diisocyanate, polyols, and others. The report also bifurcates global Polyurethane market based on packaging type in building & construction, automotive & transportation, bedding & furniture, appliances, footwear, and others.
Global Polyurethane market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Polyurethane market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
BASF SE, Tosoh Corporation, Covestro AG are among the major players in the global Polyurethane market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Polyurethane Market has been segmented as below:
Polyurethane Market, by Product Type
Polyurethane Market, by Material Type
Polyurethane Market, by End User
Polyurethane Market, By Region
The Report Covers:
Report Scope:
Global Polyurethane market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Polyurethane market share. Major industry players with significant revenue share include BASF SE, Mitsui Chemicals Inc., Tosoh Corporation etc.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Increasing Use of Polyurethane in Refrigeration Applications
4.2.2. Memory Foam Revived the Bedding Segments
4.3. Restraints
4.3.1. Environmental risks
4.3.2. Fluctuations in raw material prices
5. Polyurethane Market, By Product Type
5.1. Key Points
5.2. Flexible Foam
5.3. Elastomers
5.4. Coatings
5.5. Adhesive & Sealants
5.6. Rigid Foam
5.7. Others
6. Polyurethane Market, By Material Type
6.1. Key Points
6.2. Methylene Diphenyl Diisocyanate
6.3. Toluene Diisocyanate
6.4. Polyols
6.5. Others
7. Polyurethane Market, By End User
7.1. Key Points
7.2. Building & Constructions
7.3. Automotive & Transportation
7.4. Bedded & Furniture
7.5. Appliances
7.6. Footwear
7.7. Others
8. Competitive Landscape
8.1. Introduction
8.2. Recent Developments
8.2.1. Mergers &Acquisitions
8.2.2. New Product Developments
8.2.3. Portfolio/Production Capacity Expansions
8.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
8.2.5. Other
9. Company Profile
9.1. Covestro AG
9.1.1. Company Overview
9.1.2. Product/Service Landscape
9.1.3. Financial Overview
9.1.4. Recent Developments
9.2. Tosoh Corporation
9.2.1. Company Overview
9.2.2. Product/Service Landscape
9.2.3. Financial Overview
9.2.4. Recent Developments
9.3. Huntsman Corporation
9.3.1. Company Overview
9.3.2. Product/Service Landscape
9.3.3. Financial Overview
9.3.4. Recent Developments
9.4. Mitsui Chemicals Inc.
9.4.1. Company Overview
9.4.2. Product/Service Landscape
9.4.3. Financial Overview
9.4.4. Recent Developments
9.5. BASF SE
9.5.1. Company Overview
9.5.2. Product/Service Landscape
9.5.3. Financial Overview
9.5.4. Recent Developments
9.6. Woodbridge Foam Corporation
9.6.1. Company Overview
9.6.2. Product/Service Landscape
9.6.3. Financial Overview
9.6.4. Recent Developments
The Polyurethane Market has been segmented as below:
Polyurethane Market, by Product Type
Polyurethane Market, by Material Type
Polyurethane Market, by End User
Polyurethane Market, By Region
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