MEA Polyurethane Market Size, Share, Growth Analysis, By Product(MEA polyurethane market for automotive industry size from flexible foams will expect growth rate close to 4.5% by the end of forecast period. These products are gaining huge popularity in the automobile sector owing to its superior properties such as versatility, cost-efficient), By Application(MEA polyurethane market for automotive industry size from seat foams will register significant gains close to 5% by the end of 2024. PU based seat foams provides flexibility to the auto manufacturers in creating effective and stylish designs along with complete passenger safety. The rigid and flexible foams incorporated into car seats reduce the foam density of seat cushions along with providing excellent pressure distribution properties. MEA PU market for automotive industry demand from door panels should surpass USD 50 million by the end of forecast period. PU products combined with natural fiber mats provides various advantages such high stiffness and reliability along with impact and corrosion resistance and energy savings.), By Vehicle Type(MEA polyurethane market for automotive industry size from passenger vehicles may register growth close to 4.5% over the foreseeable timeframe. Increasing penetration of passenger cars in the region owing to improved economic conditions coupled with high growth in young population and their changing lifestyle patterns will propagate vehicle demand, thereby driving Middle East & Africa PU market for automotive industry size. MEA PU market for automotive industry demand from light commercial vehicles may expect significant gains at over 4.5% by the end of 2024. The demand for PU products in LCV is increasing at a very fast pace owing to rising environmental concerns resulting from heavy fuel emissions and metallic body parts along with stringent standards in the region has promulgated product demand in the region.), By End-Use(MEA polyurethane market for automotive industry demand from OEM may register significant growth close to 4.5% by the end of 2024. Increasing automotive vehicle production in Iran, Egypt and Morocco have led to increased usage of polyurethane products by OEM’s to cut manufacturing cost), By Country(Iran polyurethane market for automotive industry demand should register significant growth at over 4.5% over the forecast period. Rising demand for personal vehicles along with strong investments in transport infrastructure facilities will stimulate the transport sector in the country. Additionally, easy access to vehicle finance is promulgating the purchase of vehicles. Iran is the second largest economy in the MEA region followed by Saudi Arabia with better economic conditions and higher GDP.) - Industry Forecast 2024-2031

Report ID: UCMIR15E2546 | Region: Regional | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60