Polyurethane Catalyst Market Growth, Analysis, Opportunities and Forecast To 2031
Key Drivers and Restraints of Polyurethane Catalyst Market · Demand for polyurethane catalysts is expected to increase at a significant pace during the forecast period due to the increase in automotive production. Polyurethane is used in the seat covers of vehicles, since they protect the leather from UV radiation and high temperatures. Polyurethane is also used as coatings for various interior and exterior applications in the automotive industry. Additionally, rise in demand for lightweight vehicles is boosting automotive production, thereby augmenting the demand for polyurethane in the automotive sector. · Growth in production of automotive vehicles is propelling the market for polyurethane. In turn, this is is driving the market for polyurethane catalyst. · High cost of polyurethane catalysts is negatively affecting the polyur...