Lucintel Forecasts Polyurethane Additive Market To Grow At A Cagr Of 4%-6%

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According to the recent study the polyurethane additive market is projected to grow at a CAGR of 4%-6% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for polyurethane in building insulation, bedding & furniture, and automotive industries.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in polyurethane additive market by type (catalysts, surfactants, fillers, flame retardants, blowing agent, and others), end use industry (automotive & transportation, building & construction, bedding & furniture, electronics, and others), application (foams, adhesives & sealants, coatings, elastomers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/polyurethane-additive-market.aspx
“Foams market is expected to remain the largest segment during the forecast period.”
Based on application, the polyurethane additive market is segmented into foams, adhesives ...
... & sealants, coatings, elastomers, and others. Lucintel forecasts that the foams market is expected to remain the largest segment over the forecast period due to increasing demand for blowing agents in polyurethane foam market.
“Within the polyurethane additive market, the automotive and transportation segment is expected to remain the largest application”
Based on application, the automotive and transportation segment is expected to witness the largest segment by application over the forecast period due to their usage in various parts of automobiles, such as seating, headrests, arm rests, HVAC, and other systems.
“Asia Pacific will dominate the polyurethane additive market in near future”
Asia Pacific is expected to be the largest region over the forecast period due to growing construction industry, increasing production of automotive, and growth in the bedding and furniture industry.
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Major players of polyurethane additive market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Evonik Industries, BASF, Huntsman Corporation, Covestro, Dow, Lanxess, Albemarle Corporation, Tosoh Corporation, Air Products and Chemicals, Momentive, and BYK are among the major polyurethane additive providers.
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 click on this link https://www.lucintel.com/polyurethane-additive-market.aspx or helpdesk@lucintel.com
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Lucintel
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