According to a market report by Lucintel, the future of the polyurethane resin in the global composites market looks promising with opportunities in the transportation, construction, and other industries. The polyurethane resin in the global composites market is expected to reach an estimated $188 million by 2030 from $158 million in 2023 at a CAGR of 2% from 2023 to 2030. The major drivers for this market are increasing demand for lightweight materials in the automotive industry to achieve higher fuel efficiency and reduce greenhouse gas emissions and growing acceptance of polyurethane resin in the global composite industry in wind blade application due to its fast curing and good flow ability as compared to epoxy resin.
Browse 82 figures/charts
and 56 tables in this 144-page report
to understand trends, opportunity and
forecast in polyurethane resin in the global composite market to 2030 by end use
(transportation, construction, and others), application (doors, load floors, cross
arms, manhole covers, sunshades, door panels, side panels, utility poles, wind
energy, windows, and others), manufacturing process (pultrusion, injection
molding, reinforced reaction injection molding, resin transfer molding,
filament winding, and spray up process), fiber type (chopped and roving), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that transportation will remain the largest end use segment over the
forecast period due to increasing usage of light weight material to increase
fuel economy.
Pultrusion
will remain the largest manufacturing process over the forecast period due to
increasing demand for pultruded products, such as wind turbine spar caps,
cladding panels, window frame, door and load floor. Resin transfer molding is
expected to witness highest growth over the forecast period.
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sample by clicking on polyurethane
resin in the global composites market.
North
America is expected to remain the largest region over the forecast period due
to higher acceptance level of polyurethane composites materials and growth in
automotive industry. ROW is expected to witness highest growth over the
forecast period.
BASF,
Covestro, Huntsman Corporation, Dow Chemicals, Wanhua Chemical Group Co. Ltd. are
the major suppliers in the polyurethane
resin in the global composite 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 write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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