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Stock impact report

One Component Polyurethane Foam Market Poised for Robust Growth: Comprehensive Analysis and Forecast to 2030 [Yahoo! Finance]

RPM International Inc. (RPM) 
Last rpm international inc. earnings: 4/8 06:45 am Check Earnings Report
US:NYSE Investor Relations: rpminc.com/investor-information
Company Research Source: Yahoo! Finance
The global one component polyurethane foam market is set to experience significant growth, with a projected Compound Annual Growth Rate (CAGR) of 6.4% from 2024 to 2030. Recent research forecasts the market to reach an estimated $4.3 billion by the end of the decade, driven by increasing demand for building insulation and advancements in manufacturing technologies. This market expansion is attributed to the growing emphasis on energy conservation through building insulation, surging construction activities in developing regions, and ongoing improvements in production processes. Trends in One Component Polyurethane Foam As the industry evolves, a shift towards Methylenediphenyl diisocyanate (MDI) based foams is observed, particularly in the residential and commercial construction sectors, underpinning the material segment's dominance in the forecast period. The Asia Pacific region remains a focal point for market growth, as its construction industry continues to expand, propelled by Show less Read more
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