Polyurethane foams are type of polymers which are made by reacting diisocyanates with polyols. Polyurethane foams are generally abbreviated as PU foam or PUR foams. PU foams are used for providing insulation and protect the material against external sources that lead to corrosion. The type of agent or catalyst used with isocyanates in the production of polyurethane foam depends on the application for what PU foam is being produced. There are three types of polyurethane foams available: Flexible Foams, Rigid Foams and Spray Foams.
In order to be able to fulfill rising demand, the chemical industry invests billions of dollars each year in new and sustaining capital. Chemicals and materials are omnipresent in contemporary life, therefore major changes will be required for chemical makers to function in a changing geopolitical environment on a global scale, either proactively or reactively. Chemical firms will probably need to prepare for difficulties in the upcoming year, such as global inflation and oil price instability.
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COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
By Type (Flexible Foam, Rigid Foam, Spray Foam), End-User (Bedding & Furniture, Building & Construction, Electronics, Automotive, Footwear, Packaging, Others), Density Composition (Low-Density Polyurethane Foam, Medium-Density Polyurethane Foam, High-Density Polyurethane Foam), Country (Belgium, U.K., Netherlands, Spain, Russia, Italy, France, Germany, Turkey, Switzerland, Rest of Europe).
Market Segmentation
Europe polyurethane foam market is segmented into three notable segments which are type, end-user and density composition.
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On the basis of type, the market is segmented into flexible foam, rigid foam and spray foam.
On the basis of end-user, the market is segmented into bedding & furniture, building & construction, electronics, automotive, footwear, packaging, others.
On the basis of density composition, the market is segmented into low-density polyurethane foam, medium-density polyurethane foam and high-density polyurethane foam.
Market Players
Some of the major players operating in this market are :
> BASF SE
> The Dow Chemical Company
> Rogers Corporation
> Foam craft Inc.
> FXI
> Trelleborg AB
> Sekisui Chemical Co., Ltd.
> Woodbridge Foam Corporation
> UFP Technologies, Inc.
> Future Foam
> Armacell
> Interplasp
> Huntsman International LLC.
> Recticel NV/SA
> INOAC CORPORATION
> FSI
> Covestro AG
> Saint-Gobain
> Wanhua Chemical Group Co.,Ltd.
> FoamPartner
> Elliott Company
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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