Precision Business Insights has published a report on the global polyurethane market, estimating its value at USD 81.6 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.5% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-polyurethane-market

Polyurethane (PU) is a versatile polymer used in foams, coatings, adhesives, and fibers. It is formed by reacting polyols with isocyanates, creating a durable and flexible material

Drivers:

1)      Growing demand in construction and automotive industries.

2)      Increasing use in furniture and bedding.

The global polyurethane market segmentation:
1) By Type: MDI and PMDI, TDI, Polyols, Others.
2) By Application: Adhesives and Sealants, Elastomers, Additives and Modifiers, Foams, Others.
3) By End-user: Building, Construction, and Infrastructure, Chemical Manufacturing, Mobility, Packaging, Consumer Goods, Electronics, Consumer Goods, Others.

Regional Overview:
The report also examines the current concerns and their Future Effects on the polyurethane market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the polyurethane market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Covestro, BASF, Huntsman, Dow Chemical, Mitsui Chemicals, Henkel AG, B. Fuller, Wanhua Chemical Group, Sekisui Chemical, Ultratech, Sika AG, Arkema, Mapei, Ashland, 3M, Jowat SE.

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