Lucintel's latest study found that, The future of the global polyol and polyurethane market looks promising with opportunities in the furniture and interior, construction, electronics and appliances, automotive, footwear, packaging, and industrial insulation markets. The global polyol and polyurethane market is expected to reach an estimated $34.5 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are the growing need for polyols and polyurethanes due to the expansion of the building and construction as well as the automotive sectors, growing demand from producers of freezers and refrigerators globally, and governments' stringent control over the production of polyols and polyurethanes.
In this market, flexible foam, rigid foam, coating, adhesive and sealant, and elastomer are the major segments of polyol and polyurethane market by application.
Lucintel forecasts that rigid foam is expected to witness the highest growth over the forecast period because the builders are using rigid polyfoam to maintain constant temperature and minimize noise levels in residential and commercial structures.
Browse in depth TOC of the Polyol And Polyurethane Market
100 - Figures
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Polyol And Polyurethane Market is marked by presence of several big and small players. BASF, Bayer Material Science, Chemtura, The Dow Chemical Company, E.I. Du Pont De Nemours & Company, IRPC Public Company, and Huntsman are the major suppliers in the polyol and polyurethane market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].