Lucintel anticipates that North America will be the fastest growing region in the polyurethane resin composite market


   September 17, 2019
According to a new market report published by Lucintel, the future of polyurethane resin in the composites market looks promising with opportunities in transportation, construction, and other industry. Polyurethane resin in the composites market is expected to grow at a CAGR of 5.9% from 2019 to 2024. 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.

Browse 37 market data tables and 91 figures spread through 149 pages and in-depth TOC on “Polyurethane Resin in the Composites Market"

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In this market, pultrusion, injection molding, reaction injection molding, resin transfer molding, filament winding, and spray up processes are used for manufacturing various PU based composites parts. Lucintel forecasts that pultrusion will remain the largest manufacturing process by value and it is also expected to witness the highest growth over the forecast period due to an increasing demand for pultruded products in construction applications, such as window frame, cladding panels and shipping pallets. .

Within polyurethane resin in the composites market, transportation will remain the largest market by value and volume and it is also expected to witness in the highest growth over the forecast period due to an increasing use of lightweight material to increase fuel efficiency and reduce carbon emissions.

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North America will remain the largest region by value and volume and it is also expected to witness the highest growth over the forecast period due to growth in automotive and construction industry.

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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.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the polyurethane resin in the composites market by end use industry, manufacturing process, and by region. Lucintel has prepared a comprehensive research report entitled “Growth Opportunities in Polyurethane Resin in the Composites Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the polyurethane resin in the composites market by end use industry, manufacturing process, application, and region as follows:

By End Use Industry (Value ($M) and Volume (M lbs) shipment analysis from 2013 to 2024):



  • Transportation


  • Construction


  • Others


By Application (Volume (M lbs) shipment analysis from 2013 to 2024):



  • Door


  • Load Floor


  • Cross Arm


  • Manhole Cover


  • Sunshade


  • Door Panels


  • Side Panel


  • Utility Pole


  • Wind Turbine Blade


  • Window Frame 


  • Others


By Manufacturing Process (Value ($M) shipment analysis from 2013 to 2024):



  • Pultursion


  • Reaction Injection Molding


  • Injection Molding 


  • Resin Transfer Molding


  • Filament Winding


  • Spray Up Process


By Region (Value ($M) and Volume (M lbs) shipment analysis from 2013 to 2024):



  • North America


  • Europe


  • Asia Pacific


  • Rest of World


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This 149-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/polyurethane-resin-composite.aspx or   helpdesk@lucintel.com.

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.


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