The subject matter experts behind the research have collected vital statistics on the market share, size and growth as a way to help stakeholders, business owners and field marketing personnel identify the areas to reduce costs, improve sales, explore new opportunities and streamline their processes.
New York, NY -- (SBWIRE) -- 06/11/2019 -- The latest market analysis report on the Polyurethane Foams Market performs industry diagnostic as a way to accumulate valuable data into the business environment of the Polyurethane foams market for the forecast period 2019 - 2030. Unbiased perspective on intangible aspects such as key challenges, threats, new entrants as well as strengths and weaknesses of the prominent vendors too are discussed in this market intelligence report.
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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.
To help gain the business owner further gain business intelligence the study on the Polyurethane foams market for the forecast period 2019 - 2030 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation. The study offers regional profiles of major vendors and extensive country-level break down to empower companies to make a wise investment decision when exploring new regions.
Prominent 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.
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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.
Market shortcomings
In spite of, polyurethane foams being used in various industries, the manufacturing of polyurethane foams is still highly petroleum-dependent. So this industry has to adopt the stringent government regulation. This is acting as a major factor hampering the market growth. Moreover, rise in environmental concerns and volatility in the prices of raw materials are some of the other factors restraining the growth of the market.
Major Points of Table Of Content
- INTRODUCTION
- RESEARCH METHODOLOGY
- ABSTRACT OF THE STUDY
- MARKET DYNAMICS ASSESMENT
- UNIQUE SELLING PROPOSITIONS (USPs)
- MARKET, BY THERAPY
- MARKET, BY TYPE
- MARKET, BY END USER
- MARKET - ANALYSIS & FORECAST, BY REGION
- COMPETETIVE LANDSCAPE
- COMPANY PROFILES
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