Global Polyurethane Market: Industry Analysis and Forecast (2021-2027)

Mayurikathade15 Nov, 2021Business

The global polyurethane market was valued US$ 96.19 Bn in 2020 and is expected to reach 137.16 Bn by 2027, at a CAGR of 5.2% during a forecast period. Development in furniture industries will increase the demand for polyurethane market. Global Polyurethane Market To know about the Research Methodology :- Request Free Sample Report Global Polyurethane Market Overview: Polyurethane foam is a synthetic polymer that offers abrasion, temperature, moisture, impact, and corrosion resistance to materials. It is typically available in spray, flexible, and stiff forms and is mostly used as bedding and furniture stuffing. It is hypoallergenic, non-toxic, does not degrade over time, and can rapidly expand and attach with surfaces with high adhesion after application when exposed to moisture. As a result, it has a wide range of uses in different industries such as automotive, packaging, construction, and electronics.