Why has polyurethane price been raising from Sep.2020 to now?
1)Global inflation have come as
2)The rising demand for PU foams is one of the critical reasons that will drive polyurethane foam market growth in the coming years. PU foams are extensively used in industries like electrical and electronics, construction, consumer goods, healthcare, automotive, sports equipment, and furniture and bedding. This is mainly because of the economic growth along with the growth of the automotive and packaging industries. Moreover, there is also an increase in the number of construction projects and this rise in construction of residential and office towers will subsequently boost the adoption of PU foams in various applications such as insulation, roofing, floor carpets, and sealants, driving market growth. Furthermore, this industry research report also presents a competitive analysis of the market by type (flexible PU foams, rigid PU foams, and molded PU foams) and application (furniture and bedding, building and construction, transport, appliances, and others) and geography (APAC, Europe, MEA, North America, and South America).
Polyurethane wheels price also is rising in global market.