According to Chemanalyst report, “Global Polyurethane (PU) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, the Global Polyurethane market is projected to grow at a healthy CAGR of around 6.0% during the forecast period. Demand for PU is increasing rapidly due to its variable nature and distinctive properties. These are used in almost all major end segment sectors including construction, medical, packaging, furnishing, automotive textile to paints and coatings.
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Polyurethane is a co-polymer that is manufactured when polyols (more than two hydroxyl group) react with an di-isocyanate (methyl diphenyl diisocyanate (MDI) and toluene diphenyl diisocyanate (TDI)), mostly in presence of appropriate additive and catalyst. Due to its plastic traits, it is commonly used to coat surfaces. Polyurethane’s physical properties like flexibility, excellent softness and easy to clean have made this material a preferred choice for furniture sector. PU resin is used as an insulator material in construction sector, due to its properties like non-toxicity and chemical inertness. Polyurethane is widely utilized in wood composites owing to its high compatibility to the substance. PU based wood composites is used all over the world to make cabinets, home furniture and decorative fencing.
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PU has enormous amounts of applications as it is available in different forms. It is used in automotive industries to fabricate the exterior as well as interior parts of the automobile. PUR coatings are used in automobile’s exteriors to provide high gloss durability, scratch resistance and corrosion resistance. North America is expected to remain the largest market during the forecasted period owing to the growth of end use industries like transportation and construction.
Global economy is severely hampered by the COVID-19 pandemic. The construction sector which is one of the major end uses of PU, due to indefinite lockdown leading to the shortages of manpower, capital, resources, and raw materials. However, demand for hot melt PU adhesives for the packaging sector showed a tremendous boost since the onset of pandemic due to the surge in demand from the healthcare and Food & Beverage industry. The second half of FY 2020 showcased substantial recovery in other end uses of Polyurethane. In the beginning the prices were dropped amid lackluster buying appetite and market oversupply due to declined prices of MDI.
According to ChemAnalyst report, “Global Polyurethane (PU) Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Some of the major players operating in Polyurethane market are Bayer, BASFYantai Wanhua Mitsui chemicals, LANXESS, DowDuPont, Shell International, Covestro
Regionally, the Global PU market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. As per the ChemAnalyst report, Asia-Pacific is the dominating region for the demand of PU. Also major capacities have been setup domestically in the region to cater the demand. Presently China is the largest market for PU due to the presence of large-scale end-use industries coupled with rapid capacity expansions.
“Global Polyurethane market is currently facing huge blow due to the repercussions caused by the unprecedented outbreak of Coronavirus in the first half of 2020 and shortages in upstream feedstocks in second half of 2020. Despite the massive downturn in nearly all major industries, its hot melt adhesive derivative demand boosted from healthcare sector amidst COVID-19 pandemic. Major players are optimistic over its significant demand recovery by the final quarter of FY 2020. As PU is appreciably utilized nearly in all sectors and majorly in the construction, furniture and automotive sector, this is anticipated to drive the global market of the Global Polyuethane the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm promoting ChemAnalyst.
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According to ChemAnalyst report, “Ammonia Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, Ammonia market has witnessed significant growth as it reached 11.38 million tonnes in 2020 and is anticipated to achieve a healthy global CAGR of 4.60% in the forecast period until 2030.
With the increasing utilization of Ammonia by the agriculture industry as they are highly used in fertilizers is expected to flourish the Ammonia market across the globe in the next few years.
The global production of Ammonia is done on a large industrial scale by the steam reforming of natural gas, which it is converted into liquified petroleum gas, or petroleum naphtha to produce hydrogen, which is further combined with nitrogen to produce Ammonia through the Haber-Bosch process.Read Full Report Here: https://www.chemanalyst.com/industry-report/ammonia-market-631Ammonia is considered an important chemical which can be used in various sectors and for many different purposes.
Ammonia serves as a fuel in energy production and engines, a key feedstock chemical, the main ingredient for cleaning products, and a refrigerant for cooling systems.
About 80% of the industrially produced ammonia is utilized in agriculture as fertilizers which helps in increasing the essential nutrient levels, like zinc, selenium, boron, etc.
Ammonia is widely used in the household cleaning applications as a cleaning agent for the removal of stains or clean mirrors, tubs.Global Ammonia Market is segmented on the basis of type, end-use, sales channel and region.
Prices of Polypropylene headed towards stability in the Indian market after domestic producers decided to roll over the prices between 19-31 August amid limited room for price movements.
The measure has been adopted as local producers are constantly trying to push and stabilize the already softening PP markets and match the buyers' pockets.
As per the industry experts, the move will also stimulate the product demand and draw down inventories of the manufacturers.
Post July, the prices of PP raffia grade lost value by $13 per mt in the initial two weeks of August.Get more info : https://www.chemanalyst.com/NewsAndDeals/NewsDetails/indian-polypropylene-producers-extend-price-stability-till-august-end-1335In addition, new discount schemes were devised in July to take buyers into confidence with heavy discounts being offered per tonne for bulk quantities.
Import prices for PP raffia are hovering around $890-910 per tonne CFR India since 23rdJuly.
PP prices had been steadily rising since June, when the plant operating rates rose backed by improving demand fundamentals following the Covid-19 lockdowns.However, the domestic market soon reached a period of stagnation as buying sentiments remained largely unchanged for a number of weeks.
Global Digital Insurance Platform Market Report 2018-2023:With the slowdown in world economic growth, the Digital Insurance Platform industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Digital Insurance Platform market size to maintain the average annual growth rate of 13.70% from 51700 million $ in 2014 to 76000 million $ in 2017, analysts believe that in the next few years, Digital Insurance Platform market size will be further expanded, we expect that by 2022, The market size of the Digital Insurance Platform will reach 144350 million $.
This Report covers the Major Players’ data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better.
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North America Digital Therapeutics Market provides well-researched, industry-wide data.
Furthermore, the study is a compilation of both qualitative and quantitative assessments by industry experts as well as industry participants from all stages of the value chain.North America Digital Therapeutics Market Key Players Analysis:• Evolent Health, Inc.• Pear Therapeutics, Inc.• WellDoc Inc.• Nanobiosym, Inc.• Twine Health, Inc.• Mango Health Inc.• Canary Health Inc.• 2morrow Inc.• Propeller Health• Ginger.Io, Inc.• Noom Inc.• Livongo Health• Omada Health, Inc.• Proteus Digital Health, Inc.• Fitbit, Inc.• Better Therapeutics, Inc.• Happify, Inc.• SAMSUNG• Ayogo Health Inc.• Smartpatient gmbh• Akili Interactive Labs, Inc.Request For View Sample North America Digital Therapeutics Market Report Page: https://www.maximizemarketresearch.com/request-sample/7077 The research report goes into detail on global North America Digital Therapeutics market revenue, parent market trends, macroeconomic indicators, governing variables, and market attractiveness by market segment.
The study gives an outline of the Instant North America Digital Therapeutics growth rate for the forecast period, which is 2021.The research also evaluates the qualitative impact of major market drivers on different market segments and geographies.The market is segmented by product type, application, technology, and geography, according to the study.The research report seeks to provide an organized and methodical strategy for key industry factors that have influenced the market in recent years, as well as future market prospects that businesses can rely on.
It provides readers with clear market research to help them make better judgments and decisions about whether or not to invest.The research provides an in-depth study of the most prominent players who are projected to contribute to the growth of the North America Digital Therapeutics throughout the forecast period, as well as an analysis of the future dynamics.The market report also provides an accurate assessment of the company strategies and business models that firms use to stay competitive and lead in the industry.
Mergers and acquisitions, partnerships, and collaborations are some of the most essential moves firms are taking to increase their regional and global reach.Furthermore, the players are releasing a new line of items to diversify their portfolio by incorporating cutting-edge technology into their operations.COVID-19 impact:The study has been updated to include the consequences of the current COVID-19 pandemic.
The pandemic has had a significant impact on major market segments, altering the growth pattern and demand for North America Digital Therapeutics .
