Market revenue in 2022 | USD 2,306.3 million |
Market revenue in 2030 | USD 3,009.8 million |
Growth rate | 3.4% (CAGR from 2022 to 2030) |
Largest segment | Other end uses |
Fastest growing segment | ELECTRICAL & ELECTRONICS |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | PACKAGING, CONSTRUCTION, ELECTRICAL & ELECTRONICS, AUTOMOTIVE, MEDICAL, OTHER END USES |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to polyurethane market will help companies and investors design strategic landscapes.
Other end uses was the largest segment with a revenue share of 36.83% in 2022. Horizon Databook has segmented the Spain polyurethane market based on packaging, construction, electrical & electronics, automotive, medical, other end uses covering the revenue growth of each sub-segment from 2018 to 2030.
The Spanish polyurethane market is expected to witness significant growth over the forecast period, supported by growing public and private sector investments in the automotive and construction industry. In 2020, the government announced a USD 4.2 billion-package to revive the automotive industry after the impact of COVID-19 and boost the sale of low-emission vehicles.
Through this, the government is planning to support rapid recovery of automotive industry in the country, which is expected to fuel the demand for polyurethane for automotive applications in the near future.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain polyurethane market , including forecasts for subscribers. This country databook contains high-level insights into Spain polyurethane market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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