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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Polyurethanes are used as final coats in industrial and architectural painting systems, generally over primer and intermediate coats, to combine the various coating properties to generate long-lasting protective coating systems. Steelwork, cladding, and concrete are all suitable substrates.
Polyurethanes are widely used in contemporary materials such as composite wood. In composite wood products, polyurethane-based binders are used to permanently bond organic materials into oriented strand board, medium-density fiberboard, long-strand lumber, laminated-veneer lumber, and even strawboard and particleboard.
It is often utilized in the production of polymers, insulation, and coatings. Polyurethane is also used to make adhesives, sealants, and elastomers. Polyurethane is also commonly used as a food additive and as a component in medical products.
The Global Industrial polyurethane market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
BASF breaks ground on the new Polyurethane Application Development Laboratory. The construction of BASF's new Polyurethane Application Development Laboratory has begun. Modern applications equipment will be housed in the new lab's about 2,000 square meter size.
The lab's inauguration will deepen relationships with Indian clients in fast-growing sectors like consumer appliances, building, footwear, furniture, and transportation. Improved customer support services will be made available, including troubleshooting, specialized formulations, line testing, and client training sessions.
Along with the Creation Centre, which is situated within BASF's Innovation Campus, this will support customer-driven innovation.
The lab will allow global and regional BASF teams to collaborate closely with local clients in testing and formulation optimization because it is a member of the global innovation network.
In order to enable the co-creation of novel product solutions using its high-performance materials, BASF has been offering technical services to clients. with a broad range of high-quality solutions and innovative strength.
In conjunction with top brands, polyurethanes are widely employed in consumer, construction, and automotive applications. For instance, the foundation of car seats and a crucial element of the user experience in contemporary vehicles is molded flexible polyurethane foam.
To satisfy the exacting demands of OEMs, producers of molded polyurethane foam need high-quality goods, ongoing innovation, and access to a wide range of raw materials. These foams are put to the test in the lab for comfort, functionality, emission reduction, and productivity.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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