Polyurethanes Market - Forecast(2021 - 2026)
Polyurethanes Market size is forecast to reach US$90.6 Billion by 2026, after growing at a CAGR of 5.9% during 2021-2026. The growth of the polyurethanes market is mainly attributed to its wide-ranging applications across various construction and automotive sectors. Polyurethanes are commercially available in various forms, ranging from flexible or rigid lightweight foams to tough, stiff, and strong elastomers. This enables their use in a wide variety of consumer and industrial applications such as thermal insulation of buildings, refrigerators, household furniture, automotive seating, shoe soles. Additionally, the growing demand for polyurethane in spandex is expected to boost the polyurethanes industry. Furthermore, increasing government investments in the upcoming construction industry growth in the coming years is estimated to upsurge the polyurethanes industry over the forecast period. Request Sample Impact of Covid-19 The ongoing COVID-19 pandemic has impacted many end user indus...