According to a market report by Lucintel, the future of the global MDI based polyurethane market looks promising with opportunities construction, appliance, transportation, furniture & bedding, footwear, packaging, and general & industrial engineering industries. The global MDI based polyurethane market is expected to reach an estimated $13 billion by 2030 from $10 billion in 2023 at a CAGR of 4% from 2023 to 2030. The major drivers for this market are increasing demand for higher thermal insulating materials in building and construction, home appliances, and transportation sectors. Increased production growth of lightweight vehicles and an increase in regulatory pressure for energy efficiency and lowering CO2 emissions.
Browse 107 figures/charts and 68
tables in this 205–page report to understand trends, opportunity and forecast in global MDI based polyurethane market to
2030 by application (rigid foam, flexible foam, coating, adhesive and sealant
and elastomer), end use (construction, appliance, transportation, furniture and
bedding, footwear, packing, general/ industrial engineering and others), region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that building and construction will remain the largest end use over
the forecast period due to increasing demand of rigid foam for thermal and
acoustic insulation in exterior and interior walls. Transportation is expected
to witness highest growth over the forecast period.
Rigid foam
will remain the largest segment over the forecast period due to of growing
demand of PU foam in building & construction and appliances industries for
thermal insulation and energy savings. Flexible foam is expected to witness
highest growth over the forecast period.
Asia
Pacific is expected to remain the largest region and witness the highest growth
over the forecast period due to growing investment in building and
construction, and increasing production of automotive and appliances.
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Wanhua
Chemical Group, BASF, Covestro, Huntsman Corporation, Dow Chemicals are the
major suppliers in the MDI based 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 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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