Albany, NY -- (SBWIRE) -- 07/18/2018 -- A cutthroat competition exists in the global polyurethane foam market owing to the presence of many small as well as large vendors, says Transparency Market Research in a recently published report. To survive such intensified competition, several key players have expanded geographically. New entrants have, realizing the lucrativeness of the market on account of the application of polyurethane in many industrial applications, have entered the fray. Many companies are also trying to acquire other smaller businesses, as a means of getting their hands on more manpower and other resources, thus broadening their reach. Key companies in the global polyurethane foam market are Recticel SA, Compagnie DE Saint-Gobain SA, Trelleborg AB, Chemtura Corporation, BASF SE, Covestro AG, Tosoh Corporation The Dow Chemical Company, Nitto Denko Corporation, and UFP Technologies Inc.
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