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Polyurethane Market Size is expected to reach at USD 121.8

#Polyurethane #Market #Size #expected #reach #USD

BEIJING, Sept. 29, 2022 (GLOBE NEWSWIRE) — The Global Polyurethane Market Size accounted for USD 69.1 Billion in 2021 and is estimated to achieve a market size of USD 121.8 Billion by 2030 growing at a CAGR of 6.7% from 2022 to 2030.

Polyurethane Market Statistics

  • Global polyurethane market revenue was worth USD 69.1 billion in 2021, with a 6.7% CAGR from 2022 to 2030
  • Asia-Pacific region leads with more than 45% polyurethane market share in 2021
  • North America region is projected to expand at a CAGR of 7% from 2022 to 2030
  • Among product, the rigid foam segment has captured 31% of total market in 2021
  • By application, the construction sector accounted for more than 27% of revenue share in 2021

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Polyurethane Market Report Coverage:

Market Polyurethane Market
Polyurethane Market Size 2021 USD 69.1 Billion
Polyurethane Market Forecast 2030 USD 121.8 Billion
Polyurethane Market CAGR During 2022 – 2030 2.6%  
Polyurethane Market Analysis Period 2018 – 2030
Polyurethane Market Base Year 2021  
Polyurethane Market Forecast Data 2022 – 2030
Segments Covered By Product, By Application, And By Geography
Polyurethane Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled BASF SE, Huntsman Corp., Covestro, DIC Corp., Mitsui Chemical Corp., Nippon PU Industry Corp., Eastman Chémical Co., The Dow Chemical Company, Recticel S.A., Mitsubishi Chemical Corp., RTP Company, and Woodbridge Foam Corp.
Report Coverage Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

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Polyurethane Market Overview

Polyurethanes are polymers that are widely used all over the world. It is formed when diisocyanates react with polyols in the presence of other compounds. The polyurethane market has been almost completely used worldwide in Construction, electronics, furniture, automobiles, footwear, and packaging.

Read on GNW: Polyurethane Market Size is expected to reach at USD 121.8

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