Polyurethane foams (PUFs) are essentially foams of a polymer that is composed of organic units and is joined by urethane links. These PUFs are the most crucial class of polymeric foams. The Polyurethane foams are responsible for over 65% of the entire global polyurethane consumption. There is a huge demand for polyurethane foams from the furniture and construction and bedding industry is fundamental to the recurring growth of the market.

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.

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The research methodologies used for evaluating the Polyurethane foam market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility. The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.

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.

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The market intelligence study for the Polyurethane foam market further provides an inside-out overview of necessary aspects associated with the product classification, important definitions, major orders and other industry-centric parameters. An underlying part of the study also maps the important factors associated with the recent events such as mergers and acquisition, collaboration and new product launches. In addition, the research lays down a robust groundwork for obtaining a vast amount of information that potential customers can use to increase their profits and reduce costs. The inclusion of data on market segmentation by type, application, and geography offers clarity presents an analytical picture of, what manufacturers are aiming for.

Key Players
BASF SE, The Dow Chemical Company, Trelleborg AB and Covestro are the large players present in this market. Geographical expansion and production capacity expansion are two major strategies adopted by market players to strengthen their market position. 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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The research provides answers to the following key questions:
• What are the significant trends shaping the growth prospects of the Polyurethane foam market?
• What will be the market share and size of the industry during the estimated period?
• What are prime factors expected to drive the Polyurethane foam industry for the estimated period?
• What is the estimated growth rate of the Polyurethane foam market for the forecast period 2019 - 2030?
• What are the major market leaders and what has been their winning strategy for success so far?
• What the opportunities product owners can bank on to generate high profits?

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