Global Transformation in the Polyurethane Industry in 2024
The global polyurethane industry is undergoing a seismic shift in 2024. Facing challenges ranging from macroeconomic fluctuations, soaring energy costs and increasing environmental pressures to restructuring market landscape, major players are adopting various strategies to tackle challenges and seek long-term development. This article will provide an in depth analysis on this industry transformation from three aspects: plant closures, M&As and capacity expansions.