The Impact of COVID-19 is included in and Competitive Analysis of the Polyurethane Resin Composite Market. Buy it today to get an advantage.
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The future of polyurethane resin in the composites market looks promising with opportunities in transportation, construction, and other industry. The global polyurethane resin in the composites market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to grow by 2025 with a CAGR of 1% to 3% from 2020 to 2025. The major drivers for this market are composites manufactured from PU resin have short cycle time, high toughness, and flexibility compared to composites based on vinyl ester and unsaturated polyester resin.
Emerging trend, which has a direct impact on the dynamics of the industry, includes the emergence of bio-based polyurethane resin in the composites market. Covestro, DowDupont, Huntsman, BASF, and Henkel are among the major players of polyurethane resin in the composites market.
A total of 91 figures / charts and 37 tables are provided in this 149 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this polyurethane resin composite market report download the report brochure.
In this market, transportation is the largest market by end use industry, whereas pultrusion is largest by manufacturing process. Growth in various segments of the polyurethane resin composite market are given below:
Polyurethane Resin Composite Market by Segments