Global polyurethane foam market forecast with a CAGR of 7.3 percent
The global polyurethane foam market size was valued at USD 63.7 billion in 2020 and is expected to grow at a CAGR of 7.3% during the forecast period of 2021-2028. Polyurethane foam is used in varied applications such as construction, packaging, automotive, furniture, and footwear, among others. The use of polyurethane foam has increased in residential and commercial buildings owing to its high energy efficiency, reduced energy costs, and versatile insulations
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