Comprehensive Report on Global Polyurethane Market by Knowledge Sourcing Intelligence
The global polyurethane market is projected to grow at a CAGR of 6.16% during the forecast period, to reach a market size of US$84.055 billion in 2024, from US$58.732 billion in 2018. Polyurethane is a polymer joined by carbamate links. They are available in multiple forms and are used for many applications across different industry verticals such as construction, automotive, furnishing, electronics, and more. The demand for polyurethane will rise with the increasing construction and manufacturing activities around the globe. Furthermore, the growing automotive and electronics industry will further escalate the market growth in the coming years. However, the fluctuating prices of raw materials and the multiple health hazards present posed by the polyurethane is anticipated to impact the growth of the the market during the forecast period. The North American region holds a substantial share in the market owing to the high adoption of the advanced materials. Gl obal Polyurethane Ma