The Global Polyurethane Additives Market to grow from USD 3,609.49 Million in 2019 to USD 4,875.38 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 5.13%.
Market Segmentation & Coverage:
The research report categorizes the Polyurethane Additives Market to forecast the revenues and analyze the trends in each of the following segments:
Based on Type, the Polyurethane Additives Market studied across Catalysts, Fillers, Flame Retardants, and Surfactants.
Based on Application, the Polyurethane Additives Market studied across Adhesives & Sealants, Coatings, Elastomers, and Foams.
Based on End-Use, the Polyurethane Additives Market studied across Automotive & Transportation, Bedding & Furniture, Building & Construction, and Electronics.
Based on Geography, the Polyurethane Additives Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
The factors attributing to the growth of the market are growing constructionnand automotive industry of the emerging countries, demand for eco friendly sustainable product, and growing demand for innovative and cost effective additives providing more mileage. However, some factors such as volatility in raw material prices and recyclability of polyurethane additives may hinder the market growth. The Polyurethane Additives Market expected to showcase the opportunities such as rise in applications of rigid foams for insulation purposes and industrial development in emerging countries. Soon market may face the possible challenges in the growth due to regulatory pressure for shifting towards eco-friendly products. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the market.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
360iResearch Competitive Strategic Window:
The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
360iResearch FPNV Positioning Matrix:
The 360iResearch FPNV Positioning Matrix evaluates and categorizes the vendors in the Polyurethane Additives Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Company Usability Profiles:
The Polyurethane Additives Market is highly competitive and characterized by the presence of a large number of international and regional players in the market. The market has witnessed increased competition between vendors based on the pricing model, technology differentiation, brand name, quality of service, price differentiation, and technical expertise.
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Polyurethane Additives Market, including Albemarle Corporation, Basf SE, Covestro AG, Dow Inc., Drd Additive, Eastman Chemical Company, Everlight Chemical Industrial Corp, Evonik Industries, Evonik Industries AG, Galata Chemicals, Gulbrandsen Chemicals, Inc., Huntsman International LLC, Isothane Ltd, Kao Corporation, Lanxess AG, Momentive, Tosoh Corporation, Vanderbilt Chemicals, LLC, Wacker Chemie AG, Wanhua Chemical Group Co., Ltd., and Worlee.