Herceptin Biosimilar Market estimated to flourish at CAGR of 24.5% during foreca

Posted by Sachin B on January 28th, 2021

Colored PU Foams are thermosetting polymers having characteristics such as flexibility, rigidity, durability, and fatigue resistance. It offers high performance, versatile designs, flexibility, thermal resistance and efficient energy to the products. Applications of Colored PU Foams include bedding, packaging, upholstery furniture, floor insulation, automotive accessories, etc. Conventional foams have similar portfolio as the Colored PU Foams have; however, Colored PU Foams could be modified as per its desired application. Due to the various properties of Colored PU Foams, these are used in the industries such as automotive, interior construction, furniture, electronics appliances, footwear, sports, packaging, leisure apparel, etc.

The growth of the Colored PU Foams market is driven by the factors such as increased activities in civil construction and due to high demand for efficient foams for packaging, interiors and furniture.

The global colored PU Foams market is estimated to account for US$ 17,590.5 Mn in terms of value and 5,882.8 Kilo Tons in terms of volume by the end of 2019.

Market Drivers and Restraints:
The growth of the Colored Polyurethane Foams market is driven by the factors like development in construction projects are demanding efficient foams for furniture, packaging and interiors will boost the market growth. Properties like durability, firmness and flexibility. Furthermore, PU foams have thermosetting characteristics which is attracting the vendors to invest in the market. Rise trendy application of Colored PU foam for automotive accessories, furniture, packaging, floor wadding, and bedding, customization is the another factor to drive the market during forecast period. Colored PU foam is widely accepted by electronics appliances, interior construction, furniture, automotive, footwear, packaging, leisure apparel, sports industries will boost the market in coming years.