3 Key Insights on US$ 100 Bn Opportunity in Global Polyurethane Market: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Driven by the Rising Demand for Strong and Lightweight Materials in the Construction, Electronics, and Automotive Sectors, the Global Polyurethane Market is forecasted to Cross US$100 Bn by 2028, says Ken Research Study. Polyurethane is made up of organic units connected by carbamate linkages and does not melt when heated. It is small in size, doesn’t corrode easily, is elastic by nature, and has a lot of strength. PU is typically used in place of paper, glass, and metals. Polyurethane’s high mechanical strength enables it to serve as insulation and as a substitute for metal in automotive parts. Polyurethane demand is anticipated to increase throughout the forecast period due to rising building insulation demand brought on by environmental concerns. According to Ken Research estimates, the Global Polyurethane Market – which grew from around US$55 Bn in 2017 to nearly US$75 Bn in 2022 – is expected to grow further into a more than US$100 Bn opportunity by 2028- “Ken Research shares 3 key insights on this high opportunity market from its latest research study”. 1. Rise In Demand For Sustainable Insulation And Its Material Properties Drives The Growth Of Polyurethane Market. The Global Polyurethane Market is expected to witness steady growth during the forecast period, driven by the rising demand for strong, lightweight goods in the construction, electronics, and automotive sectors. Throughout the projection period, demand for polyurethane is also anticipated to increase with the surging demand for sustainable building insulation. Moreover, polyurethane insulation is customizable. Storage apparatuses, such as specific refrigerators, where COVID-19 vaccine vials can be kept, are prepared using rigid polyurethane foams. These are deployed in the global shipment of vaccines as well. 2. The Market Is Dominated by Rigid Foam, Which Accounts for More Than Half of The Revenue Share and Continues To Hold This Position Throughout The Forecast Period. Rigid polyurethane foams are high-performance closed-cell polymers which can be used in a variety of end-user industries, including transportation, packaging, industrial insulation, and appliances, thanks to their structural stability. It aids the creation of thermally insulating products by product designers. Because they offer superior mechanical strength, better heat resistance, and sound-insulating properties, rigid foams are well suited for difficult conditions and extreme weather. Due to rapid industrialization, China, India, and Indonesia dominate the Asia Pacific (APAC) market for stiff PU foams. The growth of the furniture and construction industries, as well as the presence of significant automotive OEMs, drive the rigid foam market in APAC. It is anticipated that the government’s assistance in weatherizing low-income homes and meeting transitional standards for green buildings will further propel the demand for stiff PU foam in insulation applications. 3. Along With the Building and Construction Market, the Furniture Market Plays a Key Role in Boosting Demand for Polyurethane Products Due to its excellent strength-to-weight ratio, insulating properties, durability, and adaptability, polyurethane is frequently utilized in building and construction applications. Oxford Economics estimates that between 2020 and 2030, worldwide construction production will increase by 42%, or US$4.5 trillion, reaching US$15.2 trillion from US$10.7 trillion in 2020. Over the ten years leading up to 2030, construction will have an average annual growth of 3.6%, outpacing both manufacturing and services. In 2022, the furniture market is anticipated to generate almost US$500 billion in revenue. The market volume for Furniture is predicted to cross US$720 billion by 2025, with revenue forecast to expand at more than 13% CAGR from 2022 to 2025. For more information on the research report, refer to the below link:- Global Polyurethane Market Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Tags: Africa Polyurethane Market, Asia-Pacific Polyurethane Market, BASF Polyurethane Foams Production Capacity, Competitors in Polyurethane Market, Emerging Competitor Companies in Polyurethane, Europe Polyurethane Market, Global Bio-Based Polyurethane Market, Global Elastomers Polyurethane Market, Global Flexible Foam Polyurethane Market, Global Molded Foam Polyurethane Market, Global Polyurethane Foams Market, Global Polyurethane Industry, Global Polyurethane Industry Major Players, Global Polyurethane Market, Global Polyurethane Market Companies, Global Polyurethane Market Manufacturers, Global Polyurethane Product Market, Global Polyurethane Production Capacity, Global Polyurethane Sector, Global PUR Market, Global Rigid Foam Polyurethane Market, Global Rigid PU Foam Market, Key Competitors in Polyurethane, Leading Players in Global Polyurethane Market, Major Companies in Polyurethane Sector, Major Distributors of Polyurethane, Manufacturers of polyurethane Globally, Middle East Polyurethane Market, New Entrants in Polyurethane Sector, North America Polyurethane Market, North America PU Market, Polyol Polyurethane Market, Polyurethane Chemical Makers Market, Polyurethane End-user Industry Polyurethane Raw Material Suppliers, Polyurethane Flexible Foams Producers, Polyurethane Foam Chemical Suppliers, Polyurethane Global Market Demand, Polyurethane Raw Materials Suppliers, Top Polyurethane Manufacturing Companies, User of Polyurethane Foam Globally, Worldwide Polyurethane Market