Polyurethane Additives Market Size Estimated To Observe Significant Growth By 2025| Albemarle Corporation, Tosoh Corporation, Momentive, Byk And Other

By Author: Jack Martin
Total Articles: 256
Comment this article

The global polyurethane additives market size is projected to reach USD 4.5 billion by 2025 at a CAGR of 4.2% from 2020. The demand for the polyurethane additives market is increasing, owing to the growing demand for innovative and cost-effective additives. Flame retardant polyurethane additives are developed as a result of innovation and technology advancements, which have increased the application areas of polyurethane additives in the insulating applications of various industries such as electronics, automotive & transportation, and building & constricion. BASF (Germany) and Evonik Industries (Germany) have a strong emphasis on the R&D and have developed various types of polyurethane additives.

Get PDF Brochure for Research Insights at: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=121317889

APAC consists of major developing nations, such as China and India, and therefore, the scope for development for most of the industries is high. The region accounted for the largest market share and is the fastest-growing market for polyurethane additives. The growth of the market in the region is ...
... attributed to the presence of emerging countries and their high economic growth rate, the rise in infrastructure projects, increasing urbanization, and growing standard of living.

The increase in demand for polyurethane additives and the growing construction industry in emerging economies, such as APAC and South America, are driving the market. The key players in the polyurethane additives market include Evonik Industries (Germany), BASF (Germany), Huntsman Corporation (US), Covestro (Germany), Dow Inc. (US), Lanxess AG (Germany), Albemarle Corporation (US), Tosoh Corporation (Japan), Momentive (US), BYK (US). The polyurethane additives market report analyzes the key growth strategies, such as expansion and new product launch, adopted by the leading market players between 2015 and 2020.

Request for Bundle Report at https://www.marketsandmarkets.com/RequestBundleReport.asp?id=121317889

BASF SE (Germany) is among the key players in the polyurethane additive market. The company adopted the strategies of expansion to strengthen its competitiveness in the global polyurethane additives market. For instance, in April 2019, the Company has increased the production capacity of alkylethanolamines (AEOA) by 20% at its Verbund site in Ludwigshafen, Germany. This would increase the company’s global annual production capacity to more than 110,000 metric tons. The versatile AEOA is used for various applications, including for manufacturing of polyurethane additives. This strategy will help the company to serve its customers better.

Dow Inc., (US) is one of the leading manufacturers of polyurethane additives. The company adopted new product launch as one of its key business strategies. For instance, in June 2020, the Company launched new silicone additives under the VORASURF brand namely, VORASURF RF 5374 Additive, VORASURF 5382 Additive, and VORASURF RF 5388 Additive. These additives are developed in order to support more sustainable polyurethane foams in the cold chain applications. This strategy has helped the company to expand its existing product portfolio.

Share Your Requirements & Get Customized Reports at https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=121317889

Read Our Trending Press Release Below:

Waterproofing Systems Market - https://www.whatech.com/og/markets-research/construction/728936-waterproofing-systems-market-growth-is-projected-to-reach-85-9-billion-at-a-cagr-of-7-0-global-forecast-to-2027

Commodity Plastics Market - https://www.whatech.com/og/markets-research/consumer/728888-commodity-plastics-market-worth-growth-is-projected-to-reach-596-1-billion-at-a-cagr-of-6-0-global-forecast-to-2025

Fly Ash Market- https://www.whatech.com/og/markets-research/construction/728658-fly-ash-market-growth-is-projected-to-reach-5-7-billion-at-a-cagr-of-6-0-global-forecast-to-2027

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 Micro Quadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Follow Us: LinkedIn | Twitter | Facebook