Polyurethane Market By Reports And Data
                     Polyurethane (PU) Market To 
Reach USD 116.27 Billion By 
2027
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       Market  Summary
Escalating demand for durable and lightweight materials in 
various end-use applications is one of the significant factors 
influencing the market growth.
Market Size – USD 65.42 billion in 2018, Market Growth - CAGR 
of 6.5%, Market Trends – Growing demand in building insulation 
for conserving energy
The global polyurethane (PU) market is expected to reach USD 
116.27 Billion by 2027, according to a new report by Reports and 
Data. The growth of the market is owing to the growing use of 
polyurethanes in various end-use applications.
In the construction industry, polyurethanes find extensive 
application in making high-performance products possessing 
properties such as lightweight, good strength, efficient 
performance, and durability, among others. Moreover, these 
products are beneficial in improving the visual aspects of homes 
and buildings. Furniture and carpets are one of the most sought 
after applications of polyurethanes and these products are 
completely cured before being sold. According to the U.S. 
Environmental Protection Agency (EPA), completely cured 
polyurethane products are assumed to be inert and non-toxic.
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The application of polyurethanes in the electronic industry is likely to boost market demand in the 
upcoming years. Polyurethanes are often used to cover, seal, and insulate delicate, pressure-sensitive 
underwater cables, microelectronic components, and PCBs (Printed Circuit Board). Polyurethane potting 
compounds are particularly formulated to cater to a diverse range of thermal, physical, and electrical 
properties. They shield electronic products by providing exceptional adhesive and dielectric properties, 
along with excellent water, solvent, and temperature resistance.
Additionally, growing awareness regarding lightweight materials in vehicles to improve their fuel-
efficiency is anticipated to propel the market in the upcoming years.
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Key participants include BASF SE, Dow Chemical Company, Eastman Chemical Co., Huntsman Corp., Mitsui 
Chemicals Inc., Covestro, Nippon Polyurethane Industry Corp. Ltd., Woodbridge Foam Corp., RTP Company, 
and DIC Corp., among others.
For the purpose of this report, Reports and Data have segmented the global polyurethane market on the basis 
of product type, distribution channel, application, and region:
Product Type Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Rigid Foam
• Flexible Foam
• Molded Foam
• Coatings
• Elastomers
• Adhesives & Sealants
• Others
Distribution Channel Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Online
• Offline
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Application Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• Construction
• Furniture
• Electronics
• Automotive
• Footwear
• Packaging
• Others
Regional Outlook (Volume, Kilo Tons; 2016-2027 and Revenue, USD Million; 2016-2027)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA
View press release for more information @ 
https://www.globenewswire.com/news-release/2020/03/11/1998937/0/en/Polyurethane-PU-Market-To-R
each-USD-116-27-Billion-By-2027-Reports-and-Data.html
About Us
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