Polyurethane Market Growth Is At A Rate Of 22%, Mainly Because Of The Furniture Industry

The Business Research Company’s Polyurethane Global Market Report 2021 - COVID-19 Impact and Recovery

LONDON, GREATER LONDON, UK, October 5, 2021 /EINPresswire.com/ -- According to the polyurethane market analysis, adoption of polyurethane in home furnishings is driving the polyurethane market. Furniture manufacturing companies are enhancing comfort, durability, health and safety by using flexible polyurethane foam (FPF) as a cushioning material for upholstered furniture, bedding and carpet underlay. Furthermore, with the introduction of advanced manufacturing process, polyurethane form provides more uniform, predictable and durable end products. The durability, comfort and safety provided by polyurethane continue to be the major reasons for use in the furniture industry, thereby, driving the demand of polyurethane industry going forward.

The polyurethane global market size is expected to grow from $11.25 billion in 2020 to $13.71 billion in 2021 at a compound annual growth rate (CAGR) of 21.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The polyurethane market is expected to reach $16.79 billion in 2025 at a CAGR of 5%.

Read More On The Global Polyurethane Market Report:
https://www.thebusinessresearchcompany.com/report/polyurethane-global-market-report

Major players covered in the polyurethane market are The Dow Chemical Company, BASF SE, Covestro, Huntsman Corp., Eastman Chemical Co., Mitsui Chemicals, Inc., DIC Corp, Nippon Polyurethane Industry Corp Ltd., Recticel S.A., Woodbridge Foam Corp., RTP Company, LANXESS, Lubrizol Corp., Tosoh Corporation, DowDuPont, Perstorp, Manali Petrochemicals Ltd., Wanhua Chemical Group Co., Ltd., Eastman Chémical Co, Nippon PU Industry Corp, Recticel S.A, Rampf Holding GmbH & Co. KG, Foamex Innovations (U.S), Kuwait Polyurethane Industries W.L.L, Recticel s.a./n.v., Rogers Corporation, Sheela Foam Ltd., INOAC Corporation.

TBRC’s global polyurethane market report 2021 is segmented by product type into coatings, adhesives and sealants, flexible and rigid foams, elastomers, others, by end use industry into furniture, construction, electronics & appliances, automotive, footwear, others, by raw material into MDI, TDI, polyols.

Polyurethane Global Market Report 2021 - By Product Type (Coatings, Adhesives and Sealants, Flexible and Rigid Foams, Elastomers), By End Use Industry (Furniture, Construction, Electronics & Appliances, Automotive, Footwear), By Raw Material (MDI, TDI, Polyols), COVID-19 Impact and Recovery is one of a series of new reports from The Business Research Company that provides polyurethane market overview, forecast polyurethane market size and growth for the whole market, polyurethane market segments, and geographies, polyurethane market trends, polyurethane market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

Request For A Sample Of The Global Polyurethane Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2706&type=smp

Here Is A List Of Similar Reports By The Business Research Company:

Adhesives Market - By Type Water (Based adhesives, Solvent based, Hot-melt-based adhesives, Reactive and other adhesives), By Application Industry (Paper and Packing, Building and Construction, Woodworking and Joinery, Transportation, Footwear and leather, Product Assembly, Consumer/DIY, Others), By Product type (Acrylic, PVA, Polyurethanes, Stryenic Block, Epoxy, Ethylene-vinyl acetate (EVA), Others) And By Region, Opportunities And Strategies – Global Forecast To 2030
https://www.thebusinessresearchcompany.com/report/adhesives-market#

Paints And Coatings Global Market Report 2021 - By Type (Water Borne Coatings, Solvent Based Coatings, Powder Coatings, Other Paints And Coatings), By Application (Architectural, Automotive, Wood, Packaging, Aerospace), By Type of Resin (Acrylic, Polyurethanes, Polyesters, Epoxy, Alkyd), By Performance Range (Commodity Coating Range, Engineering Coating Range, High-Performance Coating Range), COVID-19 Impact and Recovery
https://www.thebusinessresearchcompany.com/report/paints-and-coatings-global-market-report-2020-30-covid-19-impact-and-recovery

Plastic Material And Resins Global Market Report 2021 - By Type (Polypropylene-Plastic Material And Resins, High-Density Polyethylene, Poly-Vinyl Chloride, Polyethylene Terephthalate, Polyurethane, Low-Density Polyethylene, Polystyrene-Plastic Material And Resins), By End-User Industry (Chemical Industry, Coating & Printing Industry, Electronics Industry, Food & Pharmaceutical Industry), COVID-19 Impact And Recovery
https://www.thebusinessresearchcompany.com/report/plastic-material-and-resins-global-market-report-2020-30-covid-19-impact-and-recovery

Interested to know more about The Business Research Company?
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Or get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Call us now for personal assistance with your purchase:
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293

The Business Research Company
Email: info@tbrc.info
Follow us on LinkedIn: https://bit.ly/3b7850r
Follow us on Twitter: https://bit.ly/3b1rmjS
Check out our Blog: http://blog.tbrc.info/

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
Twitter
LinkedIn