Skip to main content

Fiber glass polyurethane composites is the fastest-growing fiber type segment of the global polyurethane composites market

 The global polyurethane composites market is anticipated to grow from USD 515.0 Million in 2016 to USD 909.8 Million by 2026, at a CAGR of 5.9% from 2016 to 2026. This growth can be attributed to the increasing demand for polyurethane composites from the end-use industries such as, transportation, wind power energy, electrical & electronics, building & construction, and sports & leisure. BASF SE (Germany), Bayer AG (Germany), Hexcel Corporation (U.S.), Huntsman Corporation (U.S.), SGL Group (Germany), Toray Industries, Inc. (Japan), The Dow Chemical Company (U.S.), Wanhua Chemical Group Co., Ltd. (China), Sekisui Chemical Co., Ltd. (Japan), Owens Corning (U.S.), and SGL Group (Germany) are some of the leading players operating in this market.

The key players operational in the polyurethane composites market are focusing on new product launches, agreements, investments, and expansions to cater to the increasing demands across various industries. These companies are also investing in R&D activities to strengthen their sales and distribution networks, enhance their market visibility, and strengthen their position in the polyurethane composites market.

Speak to our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=71823668

BASF SE is one of the leading manufacturers of polyurethane composites, globally. The company is focused on maintaining its position in the polyurethane composites market by adopting strategies such as expansions and mergers & acquisitions. For instance, in June 2016, the company opened designfabrik, a regional platform for design activities in Shanghai, China. This expansion will help the company provide innovation, design-related activities for coatings solutions, care chemicals, construction chemicals, pigments and leather chemicals to the automotive, cosmetics, building, and consumer goods markets. On December 2014, the company acquired Taiwan Sheen Soon, a leading manufacturer of thermoplastic polyurethanes (TPOLYURETHANE) adhesives base material which help the company strengthen its market position in Asia.

Huntsman Corporation is another key player in the polyurethane composites market and has a presence in several regions across the globe. The company is focusing on expansion, agreements, as well as acquisition to strengthen its market position. In July 2012, the company expanded its polyurethanes systems house in Indonesia to produce re-polymer and polyol blends for Indonesia's fast-growing MDI systems market, mainly for the automotive and insulation industries. In February 2012, the company signed a cooperation agreement with composites manufacturer FRIMO (Lotte, Germany) to produce cost-effective solutions for high-volume composite manufacturing mainly for the automotive industry.

Get 10% Free Customization on this Report @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=71823668

The lay-up manufacturing segment is estimated to account for a largest share of the polyurethane composites market in 2016. Low cost and ease of processing are the major reasons which make lay-up one of the preferred manufacturing process for polyurethane composites.

Asia-Pacific is anticipated to be the largest market for polyurethane composites. The growth is attributed by high economic growth rate, followed by heavy investments across various industries, such as automotive, building & construction, electrical & electronics, and wind power energy. Additionally, initiatives taken by various governments for the inflow of foreign investments to support the domestic demand also anticipate to drive the polyurethane composites demand within this region.

Read More Insights At https://www.marketsandmarkets.com/PressReleases/polyurethane-composite.asp

 

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA: 1-888-600-6441 

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

Dual Chamber Syringe Filling Machine Market Size,Insights, and Forecast 2025

  The Global Dual Chamber Syringe (DCS) Filling Machine Market size is projected to grow from USD 258 million in 2020 to USD 381 million by 2025, at a CAGR of 8.2% between 2020 and 2025. The growth is attributed to the growing biopharmaceutical industry, increasing production of lyophilized drugs and advancement in filling machine technologies. Browse 102 market data Tables and 29 Figures spread through 113 Pages and in-depth TOC on  "Dual Chamber Syringe (DCS) Filling Machine Market by Type (Automatic, Semi-Automatic and Manual), Application (Industrial Pharmacy and Hospital Pharmacy), and Region – Global Forecast To 2025". Syntegon Technology is one of the leading providers of packaging and processing technology. In 2019, Bosch (Germany) sold one of its subsidiaries, Bosch Packaging Technology, to CVC Capital Partners (Luxembourg) and was renamed as Syntegon Technology. The company manufactures products for four different segments, namely, pharma, biopharma & fine ...
Post a Comment
Read more

Agricultural chemicals application segment of solvents market is projected to grow at the highest CAGR by 2025

  The Solvents Market is projected to grow from USD 21.8 billion in 2020 to USD 30.0 billion by 2025, at a CAGR of 6.6% during the forecast period. The decline in crude oil prices and disruption in the supply chain impacted the market. The major drivers for the market is high demand for conventional solvents from applications such as home care, personal care, and pharmaceuticals amidst COVID-19. Key players in the solvents market include Royal Dutch Shell Plc. (Netherlands), Eastman Chemical Company (US), BASF SE (Germany), ExxonMobil Corporation (US), LyondellBasell Industries Holdings B.V. (Netherlands), Ashland Global Holdings Inc. (US), Huntsman Corporation (US), Celanese Corporation (US), Honeywell International Inc. (US), and INEOS Group AG (UK). These players have adopted various growth strategies, such as expansions, acquisitions, new product launches, agreements, and joint ventures, to strengthen their presence and increase their shares in the solvents market. The ag...
Post a Comment
Read more

Digitally Printed Wallpaper Market Statistics, Trends, Growth and Demand Report 2022- 2027

  The global digitally printed wallpaper market size in 2022 is estimated at USD 4.7 billion and is projected to reach USD 13.1 billion by 2027, at a CAGR of 22.4% from 2022 to 2027. The major drivers for the market include an growth in urbanization and increasing construction activities. However, rivalry from paint & coating producers limits the market growth. Moreover, the ever-increasing growth in commercial and marketing sectors is projected to boost the market for digitally printed wallpaper. Browse 162 market data Tables and 28 Figures spread through 152 Pages and in-depth TOC on  "Digitally Printed Wallpaper Market by Printing Technology (Inkjet, Electrophotography), Substrate (Nonwoven, Vinyl, Paper), End-Use Sector (Non-Residential, Residential, Automotive & Transportation) and Region - Global Forecast to 2027 " Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=81489419 Key companies such as A.S. Création T...
Post a Comment
Read more