Polyurethane Foam Market to Touch USD 76.65 Billion by 2032
August 10, 2023 ⚊ 1 Min read ⚊ Views 38 ⚊ BLOG
The global polyurethane foam market is anticipated to grow at 7.20% CAGR during the forecast period 2023 – 2032. The building and construction industries’ rising demand and growing environmental consciousness will be the key factors determining the growth potential of the market, suggest analysts. The market report suggests that strict environmental regulations as well as growing prices of primary feedstock products will affect the market growth. During the forecast period, 2023 – 2032 the market for polyurethane foam will reach USD 76.65 billion by 2032. The growth in the market remains positive across all the type and application segments, however, segments like building and construction have experienced increased growth during the forecast period 2023 – 2032.
