According to IMARC Group’s latest report, titled “Polyurethane (PU) Foam Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 the global polyurethane (PU) foam market to grow at a CAGR of 6.81% during 2021-2026.
Polyurethane foam refers to a synthetic polymer that insulates and protects materials against moisture, abrasion, temperature, impact, and corrosion. It is hypoallergenic, durable, non-toxic, and can rapidly react with moisture. As a result, PU foam is widely utilized across diverse industries, including automotive, packaging, electronics, construction, etc.
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The expanding construction industry and increasing product demand in the furnishing sector are primarily augmenting the market growth. Furthermore, the escalating demand for flexible and semi-rigid polyurethane foams for applying coatings, paints, and adhesives is also propelling the global market for PU foam. Besides this, the introduction of several bio-based polyols to manufacture polyurethane foam with minimal or no carbon emissions is further catalyzing the product demand. Moreover, PU foams are extensively adopted in the automotive industry to produce lightweight automobile components, such as dashboards, airbags, armrests, etc. Additionally, the expanding product utilization in the packaging industry is further expected to drive the global market for PU foam in the coming years.
Polyurethane (PU) Foam Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
The report has segmented the market on the basis of Structure, product type, density, end-use industry and region.
Breakup by Structure:
Breakup by Product Type:
Breakup by Density:
Breakup by End-Use Industry:
For more information about this report: https://www.imarcgroup.com/polyurethane-foam-market
Breakup by Region:
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