(EMAILWIRE.COM, October 06, 2021 ) The global polyurethane composites market is anticipated to grow from USD 515.0 million in 2016 to USD 909.8 million by 2026, at a CAGR of 5.9% from 2016 to 2026. This growth can be attributed to the increasing demand for polyurethane composites from various end-use industries, such as transportation, wind power energy, electrical & electronics, building & construction, and sports & leisure. Polyurethane composites are formed by the combination of polyurethane and fibers such as glass, carbon, and others, including aramids and basalt fibers. Fillers, catalysts, and accelerators are used to improve the physical and mechanical properties of composites.

On the basis of fiber type, the polyurethane composites market has been classified into glass fiber, carbon fiber, and others. Glass fiber is the fastest-growing fiber type segment in the polyurethane composites market. The growth of the segment can be attributed to superior properties, such as strength, flexibility, durability, stability, light weight as well as resistance to heat, temperature, and moisture resistance to that of the other fiber polyurethane composites.

Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=71823668

On the basis of manufacturing process, the polyurethane composites market is segmented into lay-up, pultrusion, resin transfer molding, injection molding, filament winding, compression molding, vacuum infusion, press molding, and others. The lay-up segment is the fastest-growing manufacturing process, due to the low cost and ease of processing benefits to that of the other manufacturing processes and are widely used in end-use industries like marine, aerospace & defense, and chemical.

On the basis of end-use industry, transportation is the fastest-growing segment. The increasing adoption of polyurethane composites in the development of lightweight automotive components that have superior mechanical and physical properties to that of competing materials such as steel and aluminum is anticipated to drive the demand for polyurethane composites in the transportation industry.

Speak to our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=71823668

The polyurethane composites market in Asia-Pacific is expected to grow at the highest CAGR from 2016 to 2026. The growing demand for polyurethane composites from various end-use industries such as automotive, building & construction, wind power industry, and electrical & electronics is driving the polyurethane composites market in this region.
The key players operational in the global polyurethane composites market are BASF SE (Germany), Bayer AG (Germany), Hexcel Corporation (U.S.), Huntsman Corporation (U.S.), SGL Group (Germany), Toray Industries, Inc. (Japan), The Dow Chemical Company (U.S.), Wanhua Chemical Group Co., Ltd. (China), Sekisui Chemical Co., Ltd. (Japan), Owens Corning (U.S.), and SGL Group (Germany). These players are focusing on growth strategies such as expansions and mergers & acquisitions to retain a competitive position in the market place.

Know More @ https://www.marketsandmarkets.com/PressReleases/polyurethane-composite.asp

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact MarketsandMarkets™:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441