Lucintel's latest market report analyzed that polyurethane resin in the global composite provides attractive opportunities in the transportation, construction, and other industries. The polyurethane resin in the global composite market is expected to reach $315.2 million by 2028 with a CAGR of 4.7%. In this market, transportation is the largest segment by end use, whereas pultrusion is largest by manufacturing process. Emergence of bio based polyurethane resin in the global composite industry in the composites market and increasing penetration of polyurethane resin in the global composite industry in construction and wind energy applications of the composites market provides strategic growth path in this market.
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Based on end use, the polyurethane resin in the global composite market is segmented into transportation, construction, and others. The transportation segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period, due to increasing usage of light weight material to increase fuel economy.
Browse in-depth TOC on “Polyurethane Resin in the Global Composite Market”
56 – Tables
82 – Figures
144 – Pages
The Polyurethane Resin in the Global Composite Market is marked by the presence of several big and small players. Some of the prominent players offering polyurethane resin in the global composite include BASF, Covestro, Huntsman Corporation, Dow Chemicals, Wanhua Chemical Group Co. Ltd..
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