The Global Coloured Polyurethane Foams Market was valued US$ X.9 Bn and is expected to reach 7.2 Bn by 2027, at a CAGR of 6.10% during a forecast period.
A mounting requirement for the construction of residential building, healthcare sector, and institutional buildings will contribute to the growth in market size over the period of 2020-2027. From developing regions China has documented world’s largest coloured polyurethane foam manufacturing region, approximately 40-45% of market share in the year 2019 was registered by china market. Globally, present manufacturing companies in the market is also expected to enlarge polyurethane production size over the forecast period in order to maximize its overall revenues. Cost of door and window installation polyurethane foam product in the market is roughly, US$ 1.25 to 2.25 Bn.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
New developments in polyurethane processing and carbon recycling process:
Cannon will present equipment for the production of protected sea-going containers equipment for the spray distribution of rigid foams in production and baypreg applications systems devoted to the transportation industries, automotive and in particular for steering wheels, door panels, flexible seats, car interior parts and other sound deadening elements
Special focus on following technologies to improve coloured polyurethane market:
• High-pressure mixing heads
• Vacuum-based foaming technology
• Carbon Recycling by Epoxy Special Impregnation
• Continuous foaming laminators
Market Drivers and Restraints:
The growth of the Colored Polyurethane Foams market is driven by the factors like development in construction projects are demanding efficient foams for furniture, packaging and interiors will boost the market growth. Properties like durability, firmness and flexibility. Furthermore, PU foams have thermosetting characteristics which is attracting the vendors to invest in the market. Rise trendy application of Colored PU foam for automotive accessories, furniture, packaging, floor wadding, and bedding, customization is the another factor to drive the market during forecast period. Colored PU foam is widely accepted by electronics appliances, interior construction, furniture, automotive, footwear, packaging, leisure apparel, sports industries will boost the market in coming years.
Furthermore, fluctuation in the cost of raw materials and availability of active ingredients is hampering to the growth of the Colored PU Foams market.
Coloured Polyurethane Foams Market Segment analysis:
By Application segment, automotive sector is expected to show constant growth during estimated year. Polyurethane foam are extensively accepted by automobile inventors and manufacturers that allows to produce seating that can be easily assembled, disassembled and recycled with high performance specifications over a wide range of firmness with light weight. Arm rests, head rests, cushioned instrument panels and other parts of car’s interior are all made with polyurethane foams which is boosting the market growth and expected to show constant growth with XX% CAGR.
Coloured Polyurethane Foams Market Regional Analysis:
Geopolitically, North America is expected to dominate the Coloured Polyurethane Foams Market and is expected to grow at CAGR of XX % during the forecast period. Developed regions like U.S, and Canada are considered major contributors for the Coloured Polyurethane foams market growth in the North America region. In 2019 market size was valued US$ XX Bn, while in U.S the market size was valued XX Bn and expected to increase by US$ XX Bn in coming years.
The objective of the report is to present a comprehensive analysis of the Global Coloured Polyurethane Foams Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Coloured Polyurethane Foams Market dynamics, structure by analysing the market
segments and project the Global Coloured Polyurethane Foams Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Coloured Polyurethane Foams Market make the report investor’s guide.
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Scope of Coloured Polyurethane Foams Market
Global Coloured Polyurethane Foams market, By Application
• Electronic Appliances
• Furniture & Interiors
Global Coloured Polyurethane Foams market, By Product
• Flexible PU Foams
• Rigid PU Foams
• Spray Foam
Global Coloured Polyurethane Foams Market, By Region
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
Key Players Operating the Coloured Polyurethane Foams Market,
• Saint-Gobain Performance Plastics Corporation
• The Dow Chemical Company
• Bayer Material Science AG
• Carpenter Company
• INOAC Corporation
• Huntsman Corporation
• Rogers Corporation
• Recticel S.A.
• Stepan Company
• BASF SE
• Firm Bond
• Time Fix
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