MEA Polyurethane Market for Automotive Industry 2024 by Top Vendors BASF, Borealis AG, Johnson Controls, The Dow Chemical Company Huntsman Corporation,E.I. DuPont
Rising passenger car vehicle production owing to high spurge in middle-class and youth population along with demand for luxury vehicles will stimulate the need of these products in the MEA region.
(EMAILWIRE.COM, August 03, 2018 ) MEA Polyurethane Market size for automotive industry is set to surpass USD 385 million by 2024; according to a new research report by Global Market Insights, Inc.
Rising passenger car vehicle production owing to high spurge in middle-class and youth population along with demand for luxury vehicles will stimulate the need of these products in the MEA region. The middle-class population in Africa is approximately 35% of the continent’s total population and is expected to grow at a faster pace which will further foster MEA polyurethane market for automotive industry.
Sample copy of this report @ https://www.gminsights.com/request-sample/detail/2522
Polyurethane products are lightweight, durable and provides excellent corrosion resistance, sound absorption and insulation properties. These materials offer automobile manufacturers to produce seating’s which are easily recycled, assembled and disassembled. Additionally, coatings from these materials provides protection from oxidation and humidity along with providing glossy shine to vehicles. Growing consumer preferences towards high performance plastics as a substitute for conventional metals will stimulate the MEA PU market for automotive industry demand.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Bayer Material Science (Covestro)
3. Borealis AG
4. Johnson Controls
5. The Dow Chemical Company
6. Huntsman Corporation
7. E.I. DuPont De Nemours and Company
8. Kuwait Polyurethane Industry
9. DeltaChem Middle East LLC
10. Raha Oman
11. Rigifoam
12. Foamhouse Egypt
MEA polyurethane market for automotive industry size from flexible foams will expect growth rate close to 4.5% by the end of forecast period. These products are gaining huge popularity in the automobile sector owing to its superior properties such as versatility, cost-efficient, lightweight, durability and environment friendliness and has increased usage in truck beds, fenders, cushion interior panels, headliners, headrests and armrests thereby promoting product demand.
MEA polyurethane market for automotive industry size from seat foams will register significant gains close to 5% by the end of 2024. PU based seat foams provides flexibility to the auto manufacturers in creating effective and stylish designs along with complete passenger safety. The rigid and flexible foams incorporated into car seats reduce the foam density of seat cushions along with providing excellent pressure distribution properties.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2522
MEA polyurethane market for automotive industry size from passenger vehicles may register growth close to 4.5% over the foreseeable timeframe. Increasing penetration of passenger cars in the region owing to improved economic conditions coupled with high growth in young population and their changing lifestyle patterns will propagate vehicle demand, thereby driving Middle East & Africa PU market for automotive industry size.
MEA PU market for automotive industry demand from cushion overlay application may witness growth at over 4% over the forecast period. Cushions used in automotive car seats provides pleasurable driving experience along with maximizing ease and flexibility for passengers. Rising consumer demand for maximum safety and comfort along with enhanced aesthetics will majorly influence the PU market size.
Iran polyurethane market for automotive industry demand should register significant growth at over 4.5% over the forecast period. Rising demand for personal vehicles along with strong investments in transport infrastructure facilities will stimulate the transport sector in the country. Additionally, easy access to vehicle finance is promulgating the purchase of vehicles. Iran is the second largest economy in the MEA region followed by Saudi Arabia with better economic conditions and higher GDP.
MEA Polyurethane market for automotive application market share is concentrated with various players including BASF, Huntsman, Dow Chemicals, DuPont, Bayer, Johnson Controls, Deltachem, Middle East and Borealis are the prominent industry participants in MEA polyurethane market. High R&D spending by manufacturers towards comply with environmental regulations may improve & expand product diversification thereby stimulate industry growth.
Rising passenger car vehicle production owing to high spurge in middle-class and youth population along with demand for luxury vehicles will stimulate the need of these products in the MEA region. The middle-class population in Africa is approximately 35% of the continent’s total population and is expected to grow at a faster pace which will further foster MEA polyurethane market for automotive industry.
Sample copy of this report @ https://www.gminsights.com/request-sample/detail/2522
Polyurethane products are lightweight, durable and provides excellent corrosion resistance, sound absorption and insulation properties. These materials offer automobile manufacturers to produce seating’s which are easily recycled, assembled and disassembled. Additionally, coatings from these materials provides protection from oxidation and humidity along with providing glossy shine to vehicles. Growing consumer preferences towards high performance plastics as a substitute for conventional metals will stimulate the MEA PU market for automotive industry demand.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF
2. Bayer Material Science (Covestro)
3. Borealis AG
4. Johnson Controls
5. The Dow Chemical Company
6. Huntsman Corporation
7. E.I. DuPont De Nemours and Company
8. Kuwait Polyurethane Industry
9. DeltaChem Middle East LLC
10. Raha Oman
11. Rigifoam
12. Foamhouse Egypt
MEA polyurethane market for automotive industry size from flexible foams will expect growth rate close to 4.5% by the end of forecast period. These products are gaining huge popularity in the automobile sector owing to its superior properties such as versatility, cost-efficient, lightweight, durability and environment friendliness and has increased usage in truck beds, fenders, cushion interior panels, headliners, headrests and armrests thereby promoting product demand.
MEA polyurethane market for automotive industry size from seat foams will register significant gains close to 5% by the end of 2024. PU based seat foams provides flexibility to the auto manufacturers in creating effective and stylish designs along with complete passenger safety. The rigid and flexible foams incorporated into car seats reduce the foam density of seat cushions along with providing excellent pressure distribution properties.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2522
MEA polyurethane market for automotive industry size from passenger vehicles may register growth close to 4.5% over the foreseeable timeframe. Increasing penetration of passenger cars in the region owing to improved economic conditions coupled with high growth in young population and their changing lifestyle patterns will propagate vehicle demand, thereby driving Middle East & Africa PU market for automotive industry size.
MEA PU market for automotive industry demand from cushion overlay application may witness growth at over 4% over the forecast period. Cushions used in automotive car seats provides pleasurable driving experience along with maximizing ease and flexibility for passengers. Rising consumer demand for maximum safety and comfort along with enhanced aesthetics will majorly influence the PU market size.
Iran polyurethane market for automotive industry demand should register significant growth at over 4.5% over the forecast period. Rising demand for personal vehicles along with strong investments in transport infrastructure facilities will stimulate the transport sector in the country. Additionally, easy access to vehicle finance is promulgating the purchase of vehicles. Iran is the second largest economy in the MEA region followed by Saudi Arabia with better economic conditions and higher GDP.
MEA Polyurethane market for automotive application market share is concentrated with various players including BASF, Huntsman, Dow Chemicals, DuPont, Bayer, Johnson Controls, Deltachem, Middle East and Borealis are the prominent industry participants in MEA polyurethane market. High R&D spending by manufacturers towards comply with environmental regulations may improve & expand product diversification thereby stimulate industry growth.
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results