New York, NY -- (SBWIRE) -- 05/16/2019 -- Besides, these segments are assessed in detail by incorporating industry estimates at both the regional as well as country level. This segment evaluation is beneficial in helping stakeholders, business owners and marketing personnel get an understanding of the growth areas and potential opportunities for the Polyurethane foams industry. The market intelligence report further covers the competitive landscape of the industry across different regions.

Market Industry Reports (MIR) has published a new report titled "Polyurethane Foams Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global polyurethane foam market was valued at over US$ 50.0 Bn in 2018 and is anticipated to grow at a substantial CAGR during the forecast period of 2019-2030.

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The detailed examination of recent developments including collaboration, mergers and acquisitions, investment and product launches have also been performed during the research on the Polyurethane foams market. Overview of the gradual shift in the customer preference, spending power, consumption volume and production capability helps business owners understand where the market will be heading in the years to come. Vital statistics on distribution channel and supply chain management across different regions are presented through different resources such as tables, charts and graphic images.

Key Players

BASF SE, The Dow Chemical Company, Trelleborg AB and Covestro are the large players present in this market. Geographical expansion and production capacity expansion are two major strategies adopted by market players to strengthen their market position. Some of the other prominent players in this market are The Dow Chemical Company, Huntsman Corporation, Chemtura Corporation and Rogers Corporation among others.

Rising demand from various end-use industries
Polyurethane foams market is witnessing growth owing to rising demand from various end use industries. Polyurethane foams due to their low density, thermal conductivity and mechanical properties make them an excellent insulators and comfort materials. Therefore, it is widely used in broad range of end-use industries. Construction, bedding & furniture, electronics, footwear, packaging and automotive industries are the major consumers of polyurethane foams. Thus, rise in these industries will subsequently spur the adoption of polyurethane foams in numerous applications which in turn will drive the market growth.

Table of content

1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. ABSTRACT OF THE STUDY
4. MARKET DYNAMICS ASSESMENT
5. UNIQUE SELLING PROPOSITIONS (USPs)
6. Global Polyurethane Foams Market - Analysis & Forecast, By Type (Volume & Value Assessment)
7. Global Polyurethane Foams Market - Analysis & Forecast, By End-use Industry (Volume &Value Assessment)
8. Global Polyurethane Foams Market - Analysis & Forecast, By Region (Volume &Value Assessment)
9. COMPETETIVE LANDSCAPE
10. COMPANY PROFILES

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Asia Pacific region is boosting the demand for polyurethane foams
In 2018, Asia Pacific region accounted for the significant share of the market. India, China, Indonesia, South Korea and Malaysia are the chief contributors towards the market growth. Growing construction, electronics and automotive industries in these regions is the major factor propelling the market growth. Moreover, rise in demand from furniture and bedding industry is another factor boosting the growth of the market. China is not only the major consumer but also major producer of polyurethane foams. Furthermore, rapid urbanization, rise in capital investments and ongoing construction projects in China is propelling the market growth.

When accessing the major driving forces shaping the progress of the Polyurethane foams industry the researchers also focus on the growth of the customer base in various emerging regions. Advantages offered by the products such as improved shelf life as well as durability and how they are impacting the development of the industry are also assessed during the research. While examining the major restricting factors researchers make an attempt to analyse the strict environmental regulations affecting the market.

The research provides answers to the following key questions:

- What is the expected market size, share and development rate of the Polyurethane foams industry by 2030?
- What are the prominent market drivers responsible for shaping the progress of the Polyurethane foams market worldwide?
- Who are the key market players operating in the Polyurethane foams industry and what competencies have they embraced to stay competitive in the market?
- What are the current and emerging trends shaping the development of the market across different nations?
- What are the types of opportunities in store of the business owners in the years to come?

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