© 2017 Global Market Insights, Inc. USA. All Rights Reserved MEA Polyurethane Market for Automotive Industry by applications and regions for : Global Market Insights, Inc.
MEA Polyurethane 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. MEA Polyurethane Market for Automotive Industry Rising consumer demand for maximum safety and comfort along with enhanced aesthetics will majorly influence the PU market size. MEA Polyurethane Market for Automotive Industry in UAE is likely to register gains close to 2% over the forecast period. Rising infrastructure spending, low interest rates and divergence of demographics & affluence levels will drive the demand for light vehicle in the region. Growing demand for premium and luxury cars owing to strong GDP and high investments in automobile infrastructural programs will propel country industrial growth, thereby enhancing product demand. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Global Market Scenario of Automotive Industry
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. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry for Purchasing this
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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. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for Browse Report
Morocco polyurethane market for automotive industry is expected to surpass USD 55 million in the projected timeframe. The country is considered an automotive hub in North Africa owing to availability of labor at cheaper costs along with rising government initiatives and constitutions making it attractive for foreign investors. Plastic materials incorporated into automotive interiors helps in reducing the overall vehicle’s weight to a large extent which further minimizes the CO2 emission and provides cost savings. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Regional Analysis: Competitive Analysis BASF, Bayer, Johnson Controls, Huntsman, Dupont, Dow chemical, Raha, Poly products and Deltachem are the prominent industry participants in the polyurethane market for the automotive industry. OEM manufacturers are strong engaged in R&D activities in order to comply with government fuel emission standards along enhancing their product offerings and global reach by forming joint ventures and partnerships.
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