Middle East and Africa Polyurethane Foam Market is Growing with CAGR of 4.4% in the Forecast Period of 2019-2026

Middle East and Africa Polyurethane Foam Market is accelerating with factors such as increased comfort offered by the polyurethane foam in sitting and sleeping furniture’s. In addition, increased construction of industries to increase the electricity efficiency for better insulation by reducing the thermal degradation is supplementing the market growth.

Polyurethane foam market has shown an exceptional penetration in countries such as UAE, Saudi Arabia and Israel. New developments in the products such as increased demand for flexible foam which is creating opportunity for the Middle East & Africa polyurethane foam market.

Polyurethane foam Market Scenario

According to Data Bridge Market Research the market for polyurethane foam in UAE country has the highest market share followed by Saudi Arabia and Israel. Market leader is The Dow Chemical Company accounts an estimated market share of approximately 15% to 25% in the Middle East and Africa region. The company has gained outstanding sale through their geographical expansion strategy for Middle East & Africa markets. Company increased sales of their flexible polyurethane foam product line, thereby resulting in generation of increased revenue with increased customer base. While the market for rigid polyurethane foam and other products are increasing at a significant rate, which creates lucrative opportunities for The Dow Chemical Company across the globe.

  • In September 2018, Dow Polyurethanes division of The Dow Chemical Company announced expansion of their business by setting up new TRAFFIDECK GO Center in Germany. This center is formed to address the need of transportation flooring having durable and protected characteristics.

Middle East and Africa Polyurethane Foam Market

Trends Impacting the Market

Now the question is which other countries The Dow Chemical Company, Saint-Gobain and BASF SE are targeting? Data Bridge Market Research has forecasted a large growth in Middle East and Africa polyurethane foam market and the market leaders targeting UAE and Saudi Arabia to be their next revenue pockets for 2020.

The Polyurethane Foam Market is becoming more competitive every year with companies such as The Dow Chemical Company, Saint-Gobain and BASF SE are the market leaders for polyurethane foam. The Data bridge market research new reports highlight the major growth factors and opportunities in the polyurethane foam market.

For more analysis on the polyurethane foam market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=middle-east-africa-polyurethane-foam-market

New Polyurethane Foam Market Development

  • In January 2019, Covestro and Haier Group signed agreement to set up joint digital laboratory in Qingdao, China. New digital solutions for appliance production will be developed in this lab by utilizing the polyurethane foams. Through this company strengthened their product offering for the customers.

Scope of the Polyurethane Foam Market

Middle East & Africa polyurethane foam market is segmented on the basis of countries into the UAE, Saudi Arabia, Israel, South Africa, Egypt, Rest of Middle East and Africa.

  • All country based analysis of the polyurethane foam market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into flexible foam, rigid foam, and spray foam. Based on density composition, the market is segmented into low-density polyurethane foam, medium-density polyurethane foam and high-density polyurethane foam. On the basis of end-user, the market is segmented into bedding & furniture, building & construction, electronics, automotive, footwear, packaging and others.
  • The polyurethane foams are used to reduce thermal degradation as well as to offers comfort in home furnishing application. Increased focus towards comfortable furnishing products, insulation efficiency is augmenting the use of polyurethane foam as it’s lowering the thermal degradation. Thus, market is witnessing strong products offering with improved market coverage.

To know more about the study https://www.databridgemarketresearch.com/reports/middle-east-africa-polyurethane-foam-market

Key Pointers Covered in the Middle East & Africa Polyurethane Foam Market Industry Trends and Forecast to 2026

  • Market Size
  • Parent Market Analysis
  • Market Shares in different countries
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study
  • Supply Chain Competiveness
  • Value Chain Analysis

Key Market Competitors Covered in the Report

  • BASF SE
  • The Dow Chemical Company
  • Armacell
  • Huntsman International LLC.
  • Recticel NV/SA
  • FSI
  • Covestro AG
  • Saint-Gobain
  • Wanhua Chemical Group Co.,Ltd.

Above are the key players covered in the report to know about more and exhaustive list of polyurethane foam companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=middle-east-africa-polyurethane-foam-market

Research Methodology: Middle East and Africa Polyurethane Foam Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Civil Engineers, Chemical Manufacturers, Retailers, Builders and Others
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

Related Reports

Browse in Chemical and Materials Category Related Reports@ https://www.databridgemarketresearch.com/report-category/chemical-and-materials/