According
to a market report by Lucintel, the future of the polyurethane
resin in the global composites industry looks promising with opportunities in the transportation, construction,
and other industries. The polyurethane resin in the global composites industry
is expected to grow with a CAGR
of 3% from 2024 to 2031. 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.
A more than
150-page report to understand trends, opportunity and forecast in polyurethane
resin in the global composites industry to 2031 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.
Download
sample by clicking on polyurethane
resin in the global composites industry.
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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