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Polyurethane Foam Market to Rear Excessive Growth During 2017 – 2022
by poojap123 · October 4, 2018
A cutthroat competition exists in the global polyurethane foam market owing to the presence of many small as well as large vendors, says Transparency Market Research in a recently published report. To survive such intensified competition, several key players have expanded geographically. New entrants have, realizing the lucrativeness of the market on account of the application of polyurethane in many industrial applications, have entered the fray. Many companies are also trying to acquire other smaller businesses cheap nike air vapormax mens , as a means of getting their hands on more manpower and other resources, thus broadening their reach. Key companies in the global polyurethane foam market are Recticel SA, Compagnie DE Saint-Gobain SA, Trelleborg AB, Chemtura Corporation, BASF SE, Covestro AG cheap nike air vapormax , Tosoh Corporation The Dow Chemical Company, Nitto Denko Corporation, and UFP Technologies Inc.
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The global polyurethane market is prognosticated to acquire a valuation of US$74 bn, by registering an impressive CAGR of 7.6% during the forecast period ranging from 2017 to 2022. This rise is expected to start from an initial valuation of US$51.4 bn recorded in 2017.